Global Vertical Farming and Plant Factory Market Growth 2019-2024
Table of Contents
2019-2024 Global Vertical Farming and Plant Factory Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Vertical Farming and Plant Factory Consumption 2014-2024
- 2.1.2 Vertical Farming and Plant Factory Consumption CAGR by Region
- 2.2 Vertical Farming and Plant Factory Segment by Type
- 2.2.1 Hydroponics
- 2.2.2 Aeroponics
- 2.3 Vertical Farming and Plant Factory Consumption by Type
- 2.3.1 Global Vertical Farming and Plant Factory Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Vertical Farming and Plant Factory Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Vertical Farming and Plant Factory Sale Price by Type (2014-2019)
- 2.4 Vertical Farming and Plant Factory Segment by Application
- 2.4.1 Vegetable Cultivation
- 2.4.2 Fruit Planting
- 2.5 Vertical Farming and Plant Factory Consumption by Application
- 2.5.1 Global Vertical Farming and Plant Factory Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Vertical Farming and Plant Factory Value and Market Share by Application (2014-2019)
- 2.5.3 Global Vertical Farming and Plant Factory Sale Price by Application (2014-2019)
3 Global Vertical Farming and Plant Factory by Players
- 3.1 Global Vertical Farming and Plant Factory Sales Market Share by Players
- 3.1.1 Global Vertical Farming and Plant Factory Sales by Players (2017-2019)
- 3.1.2 Global Vertical Farming and Plant Factory Sales Market Share by Players (2017-2019)
- 3.2 Global Vertical Farming and Plant Factory Revenue Market Share by Players
- 3.2.1 Global Vertical Farming and Plant Factory Revenue by Players (2017-2019)
- 3.2.2 Global Vertical Farming and Plant Factory Revenue Market Share by Players (2017-2019)
- 3.3 Global Vertical Farming and Plant Factory Sale Price by Players
- 3.4 Global Vertical Farming and Plant Factory Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Vertical Farming and Plant Factory Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Vertical Farming and Plant Factory Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Vertical Farming and Plant Factory by Regions
- 4.1 Vertical Farming and Plant Factory by Regions
- 4.1.1 Global Vertical Farming and Plant Factory Consumption by Regions
- 4.1.2 Global Vertical Farming and Plant Factory Value by Regions
- 4.2 Americas Vertical Farming and Plant Factory Consumption Growth
- 4.3 APAC Vertical Farming and Plant Factory Consumption Growth
- 4.4 Europe Vertical Farming and Plant Factory Consumption Growth
- 4.5 Middle East & Africa Vertical Farming and Plant Factory Consumption Growth
5 Americas
- 5.1 Americas Vertical Farming and Plant Factory Consumption by Countries
- 5.1.1 Americas Vertical Farming and Plant Factory Consumption by Countries (2014-2019)
- 5.1.2 Americas Vertical Farming and Plant Factory Value by Countries (2014-2019)
- 5.2 Americas Vertical Farming and Plant Factory Consumption by Type
- 5.3 Americas Vertical Farming and Plant Factory Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Vertical Farming and Plant Factory Consumption by Countries
- 6.1.1 APAC Vertical Farming and Plant Factory Consumption by Countries (2014-2019)
- 6.1.2 APAC Vertical Farming and Plant Factory Value by Countries (2014-2019)
- 6.2 APAC Vertical Farming and Plant Factory Consumption by Type
- 6.3 APAC Vertical Farming and Plant Factory Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Vertical Farming and Plant Factory by Countries
- 7.1.1 Europe Vertical Farming and Plant Factory Consumption by Countries (2014-2019)
- 7.1.2 Europe Vertical Farming and Plant Factory Value by Countries (2014-2019)
- 7.2 Europe Vertical Farming and Plant Factory Consumption by Type
- 7.3 Europe Vertical Farming and Plant Factory Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Vertical Farming and Plant Factory by Countries
- 8.1.1 Middle East & Africa Vertical Farming and Plant Factory Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Vertical Farming and Plant Factory Value by Countries (2014-2019)
- 8.2 Middle East & Africa Vertical Farming and Plant Factory Consumption by Type
- 8.3 Middle East & Africa Vertical Farming and Plant Factory Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Vertical Farming and Plant Factory Distributors
- 10.3 Vertical Farming and Plant Factory Customer
11 Global Vertical Farming and Plant Factory Market Forecast
- 11.1 Global Vertical Farming and Plant Factory Consumption Forecast (2019-2024)
- 11.2 Global Vertical Farming and Plant Factory Forecast by Regions
- 11.2.1 Global Vertical Farming and Plant Factory Forecast by Regions (2019-2024)
- 11.2.2 Global Vertical Farming and Plant Factory Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Vertical Farming and Plant Factory Forecast by Type
- 11.8 Global Vertical Farming and Plant Factory Forecast by Application
12 Key Players Analysis
- 12.1 AeroFarms
- 12.1.1 Company Details
- 12.1.2 Vertical Farming and Plant Factory Product Offered
- 12.1.3 AeroFarms Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 AeroFarms News
- 12.2 Gotham Greens
- 12.2.1 Company Details
- 12.2.2 Vertical Farming and Plant Factory Product Offered
- 12.2.3 Gotham Greens Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Gotham Greens News
- 12.3 Plenty (Bright Farms)
- 12.3.1 Company Details
- 12.3.2 Vertical Farming and Plant Factory Product Offered
- 12.3.3 Plenty (Bright Farms) Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Plenty (Bright Farms) News
- 12.4 Lufa Farms
- 12.4.1 Company Details
- 12.4.2 Vertical Farming and Plant Factory Product Offered
- 12.4.3 Lufa Farms Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Lufa Farms News
- 12.5 Beijing IEDA Protected Horticulture
- 12.5.1 Company Details
- 12.5.2 Vertical Farming and Plant Factory Product Offered
- 12.5.3 Beijing IEDA Protected Horticulture Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Beijing IEDA Protected Horticulture News
- 12.6 Green Sense Farms
- 12.6.1 Company Details
- 12.6.2 Vertical Farming and Plant Factory Product Offered
- 12.6.3 Green Sense Farms Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Green Sense Farms News
- 12.7 Garden Fresh Farms
- 12.7.1 Company Details
- 12.7.2 Vertical Farming and Plant Factory Product Offered
- 12.7.3 Garden Fresh Farms Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Garden Fresh Farms News
- 12.8 Mirai
- 12.8.1 Company Details
- 12.8.2 Vertical Farming and Plant Factory Product Offered
- 12.8.3 Mirai Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Mirai News
- 12.9 Sky Vegetables
- 12.9.1 Company Details
- 12.9.2 Vertical Farming and Plant Factory Product Offered
- 12.9.3 Sky Vegetables Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Sky Vegetables News
- 12.10 TruLeaf
- 12.10.1 Company Details
- 12.10.2 Vertical Farming and Plant Factory Product Offered
- 12.10.3 TruLeaf Vertical Farming and Plant Factory Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 TruLeaf News
- 12.11 Urban Crops
- 12.12 Sky Greens
- 12.13 GreenLand
- 12.14 Scatil
- 12.15 Jingpeng
- 12.16 Metropolis Farms
- 12.17 Plantagon
- 12.18 Spread
- 12.19 Sanan Sino Science
- 12.20 Nongzhong Wulian
13 Research Findings and Conclusion
Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
The major plants produced in vertical farming and plant factory include vegetable cultivation, fruit planting and other, etc. Vegetable cultivation occupied 84.92% of the global sales.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. The price presents fluctuation according to the economy development status. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Vertical Farming and Plant Factory market will register a 39.6% CAGR in terms of revenue, the global market size will reach US$ 11000 million by 2024, from US$ 1480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Farming and Plant Factory business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Farming and Plant Factory market by product type, application, key manufacturers and key regions and countries.
This study considers the Vertical Farming and Plant Factory value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hydroponics
Aeroponics
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Vegetable Cultivation
Fruit Planting
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vertical Farming and Plant Factory consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Farming and Plant Factory market by identifying its various subsegments.
Focuses on the key global Vertical Farming and Plant Factory manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Farming and Plant Factory with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Farming and Plant Factory submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.