Vertical Farming Market 2021 Trends
Global Vertical Farming Market was valued at USD 4.03 Billion in 2021, and it is expected to reach USD 15.78 Billion by 2029, exhibiting a CAGR of 18.6 % during the forecast period (2022-2029)
Global Vertical Farming Market Overview:
The Vertical Farming Market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Healthcare IoT Market, as well as the causes for variances in the industry's growth in a variety of sectors.
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Global Vertical Farming Market Segment:
The aeroponics segment is anticipated to grow significantly over the projected period. This technology is similar to hydroponics because neither method requires soil to grow plants. Since plant roots in aeroponic systems hang in the air, a growth medium is not necessary.
Regional Analysis:
North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five main geographical regions of the Global Vertical Farming Market market.
Global Vertical Farming Market Key players:
- • AeroFarms
• Plenty
• Green Spirit Farms
• Bowery farming
• BrightFarms
• Gotham Greens
• Iron Ox
• Infarm
• Agricool
• CropOne
• Illumitex
• PodPonics
• Surna
• Freght Farms
• Voeks Inc
• Signify
• Osram
• Freight Farms
• Sky Greens
• Spread
• Valoya
• Everlight Electronics
• Heliospectra AB
• Green Sense Farms
• Agrilution
• American Hydroponics
• Urban Crop solutions
• Vertical Farm Systems
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Research methodology:
A methodical strategy to minimising residual mistakes is taken by Maximize Market Research, which includes limiting the scope, validating with primary insights, and routinely maintaining the internal database. To take into account typical market fluctuations and adjust to any changes in the market's dynamics, a dynamic model is developed. Depending on the particular markets, the variables and qualities covered in the research may alter. The model must most importantly include information from the supply and demand sides in order to calculate the market gap.
A substantial amount of data is gathered and compiled in the early phases of the research process. The obtained data is frequently verified using a variety of sources, including the internal database, paid sources, annual reports of corporations, SEC filings, authorised news releases, price databases, and many more. The complete value chain must be understood in a comprehensive research study. To acquire a comprehensive view of the market taxonomy, we thoroughly examine the annual reports and financials of market participants.
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