The United States vertical farming market was valued at
1093.1 million in 2019 and is projected to reach USD 4603.4 million by 2026.
The market is expected to grow at a CAGR of 22.95% between 2020 and 2026 in
terms of value. The Vertical Farming Market in US is estimated to reach values
of around $3 billion by 2026.
Vertical farming
requires fewer land and less water resources. Also the vertical farming ,
negate the need for harmful chemical fertilizers and pesticides. The increasing
need for sustainable agricultural operations impacting less on environment will
propel the growth of US vertical farming market. Implementation of vertical
farming will use resources sparingly and reprocess inputs, will amplify
sustainability in the vertical farming market in US. Growing focus on plug
development and reduced shrink of plants will uplift companies to establish
innovative technologies in the market. However, huge capital investment for
large-scale farm and limited number of crop species may hinder the growth of US
vertical farming market.
The high investment at the initial set up of the system is a
major factor refraining farmers from investing in vertical farming market.
However, consistent soil erosion in many regions across the globe, resulting a
shortage in farming land and concerns over climate change may subsequently fuel
the vertical farming market in the near future.
The country research report on the United States vertical
farming market is a customer intelligence and competitive study of the United
States market. Moreover, the report provides deep insights into demand
forecasts, market trends, and, micro and macro indicators in the United States
market. Also, factors that are driving and restraining the vertical farming
market are highlighted in the study. This is an in-depth business intelligence
report based on qualitative and quantitative parameters of the market.
Additionally, this report provides readers with market insights and detailed
analysis of market segments to possible micro levels. The companies and
dealers/distributors profiled in the report include manufacturers &
suppliers of the vertical farming market in the United States.
Segments Covered
The report on the United States vertical farming market
provides a detailed analysis of segments in the market based on farm structure,
component, and technology.
Segmentation Based on
Farm Structure
·
Building Based Structure
·
Container-based Structure
Segmentation Based on
Component
·
Irrigation Component
·
Lighting
·
Sensor
·
Building Material
·
Glass Greenhouse
·
Plastic Greenhouse
·
Other Components
Segmentation Based on
Technology
·
Hydroponics
·
Aeroponics
·
Aquaponics
Highlights of the
Report
The report provides detailed insights into:
1) Demand and supply
conditions of the vertical farming market
2) Factor affecting
the vertical farming market in the short run and the long run
3) The dynamics
including drivers, restraints, opportunities, political, socioeconomic factors,
and technological factors
4) Key trends and
future prospects
5) Leading companies
operating in the vertical farming market and their competitive position in the
United States
6) The
dealers/distributors profiles provide basic information of top 10 dealers &
distributors operating in (United States) vertical farming market
7) IGR Matrix: to
position the product types
8) Market estimates
up to 2026
The report answers
questions such as:
1) What is the market
size of the vertical farming market in the United States?
2) What are the
factors that affect the growth in the vertical farming market over the forecast
period?
3) What is the
competitive position in the United States vertical farming market?
4) What are the
opportunities in the United States vertical farming market?
5) What are the modes
of entering the United States vertical farming market?
Please Choose One of Them