United States Vertical Farming Market

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12 2020

United States Vertical Farming Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2026

  • Published : December, 2020

  • Rep Id : US00856

  • No. of Pages : 80

  • Country : United States

  • Status : Published


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?


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