North American Report

Global Vertical Farming Crops Market is Expected to Reach USD 1,517.70 MN By Forecast Year 2028

 Breaking News
  • No posts were found

Global Vertical Farming Crops Market is Expected to Reach USD 1,517.70 MN By Forecast Year 2028

October 26
11:20 2021
Global Vertical Farming Crops Market is Expected to Reach USD 1,517.70 MN By Forecast Year 2028
Vertical Farming Crops Market Forecasts to 2028
Vertical Farming Crops Market Forecasts to 2028 – Global Analysis By Farming Technique (Aeroponics, Aquaponics, Hydroponics), Crop Type (Herbs, Tomato, Leafy Greens Crops), End User (Food Service, Direct Retail) and By Geography

According to Stratistics MRC, the Global Vertical Farming Crops Market is accounted for $268.05 million in 2020 and is expected to reach $1,517.70 million by 2028 growing at a CAGR of 24.2% during the forecast period. Rising demand for pesticide-free food products, change in consuming spending behavior and limited availability of arable land for conventional agriculture are driving the market growth. However, high investment cost and lack of skilled workforce are hampering the growth of the market. By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing ability to grow locally for sustainable food production in countries such as Thailand, Singapore, India among others are top fresh produce importing countries. Moreover, Asian governments have been promoting crop cultivation through urban farming by providing subsidies and national policy initiatives.  Some of the key players profiled in the Vertical Farming Crops Market include AeroFarms, Bowery Farming, InFarm, Gotham Greens, AgriCool, Green Spirits Farm, CropOne, PlantLab and Spread Co.

Request a Sample of this research @ https://www.strategymrc.com/report/vertical-farming-crops-market/request-sample

The Global Vertical Farming Crops Market is majorly driven by rising demand for pesticide-free food products, change in consuming spending behavior and limited availability of arable land for conventional agriculture. The leafy green crop segment is growing at a highest CAGR as these crops have the highest harvestable yield in vertical farming and can be produced within a shorter span of time and are hence economically viable. Asia Pacific dominated with a significant market share due to the increasing ability to grow locally for sustainable food production in countries such as Thailand, Singapore, India among others are top fresh produce importing countries. Europe market is growing at a highest CAGR due to the growing need for new productive farming activities in the region. Moreover, the market in the region is mostly driven by the growing food demand, urbanization and unfavorable weather conditions for conventional farming.

Our report provides a detail study and forecast about the industry which covers the complete overview of the market that will aid clients and business making strategies. Our report offers market share assessments for the regional and country-level segments. The report covers various market trends such as key drivers and constraints, market opportunities, challenges, volume and value forecasts, threats, covid-19 impact, futuristic scenarios, various investment opportunities, and strategic recommendations for the manufacturers operating in the global and regional markets. Our reports are formulated with a broader industry audience in mind and provide a snapshot into the attractiveness, potential and competitive landscape of a market mapping the key common trends. The reports are updated every year, making sure that all trends and insights are captured and analyzed in a single report. Our report also offers company profiling with detailed strategies such as business overview, SWOT, financials, products, and recent key developments of the key players related to the market, and porter’s five forces for the market insights.

Browse complete report with TOC @ https://www.strategymrc.com/report/vertical-farming-crops-market

The report offers end-to-end research and consulting services for diverse business domains and has worked with the various fortune companies provides the data related to the tactical initiatives like product launches, partnerships, acquisitions, collaborations, agreements, expansions, mergers, and joint ventures for the various markets. We also offer regional segmentation for the market which covers some of the world’s largest economies, market estimations, forecasts, and CAGR of any prominent country as per the client’s interest. Our experienced consulting team is always willing to go above and beyond to address client requirements. It is their mettle and attitude towards providing the best to our clients that makes the reports stand out. Our research teams are a combination of astute experience and young exuberance that reflects in the quality of our work.

 

About Stratistics Market Research Consulting

Stratistics Market Research Pvt Ltd is a business research firm offering market reports across the industries. Our advanced techniques and tools in identifying the market trends helps in shaping today’s business landscape. Our syndicate and custom reports specialize in identifying new market opportunities. Our team of consultants help you to formulate a confident business strategy by providing competitive advantage. Our research services cover Market Entry Strategy, Strategic Benchmarking and Competitive Landscaping.

We have a core research team with analysts across the industry verticals to serve our varied customers such as technology suppliers, manufacturers, distributors, end-users, consulting companies, investment firms and research institutes.

Media Contact
Company Name: Stratistics Market Research Consulting
Contact Person: Kumar
Email: Send Email
Phone: +1-301-202-5929
Country: India
Website: https://www.strategymrc.com/report-store