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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 global Vertical Farming and Plant Factory market was valued at US$ 448.9 million in 2023 and is anticipated to reach US$ 2128.2 million by 2030, witnessing a CAGR of 24.6% during the forecast period 2024-2030.
Global Vertical Farming and Plant Factory main players are AeroFarms, Gotham Greens, Spread, Nongzhong Wulian, etc. Global top four manufacturers hold a share about 10%. North America is the largest market, with a share over 55%.
This report aims to provide a comprehensive presentation of the global market for Vertical Farming and Plant Factory, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Farming and Plant Factory.
Report Scope
The Vertical Farming and Plant Factory market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vertical Farming and Plant Factory market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vertical Farming and Plant Factory manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Segment by Type
Segment by Application
Production by Region
Consumption by Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vertical Farming and Plant Factory manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vertical Farming and Plant Factory by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vertical Farming and Plant Factory in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
1 Vertical Farming and Plant Factory Market Overview
1.1 Product Definition
1.2 Vertical Farming and Plant Factory Segment by Type
1.2.1 Global Vertical Farming and Plant Factory Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Hydroponics
1.2.3 Aeroponics
1.3 Vertical Farming and Plant Factory Segment by Application
1.3.1 Global Vertical Farming and Plant Factory Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Vegetable Cultivation
1.3.3 Fruit Planting
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Vertical Farming and Plant Factory Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Vertical Farming and Plant Factory Production Estimates and Forecasts (2019-2030)
1.4.4 Global Vertical Farming and Plant Factory Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vertical Farming and Plant Factory Production Market Share by Manufacturers (2019-2024)
2.2 Global Vertical Farming and Plant Factory Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Vertical Farming and Plant Factory, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Vertical Farming and Plant Factory Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Vertical Farming and Plant Factory Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Vertical Farming and Plant Factory, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vertical Farming and Plant Factory, Product Offered and Application
2.8 Global Key Manufacturers of Vertical Farming and Plant Factory, Date of Enter into This Industry
2.9 Vertical Farming and Plant Factory Market Competitive Situation and Trends
2.9.1 Vertical Farming and Plant Factory Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vertical Farming and Plant Factory Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vertical Farming and Plant Factory Production by Region
3.1 Global Vertical Farming and Plant Factory Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Vertical Farming and Plant Factory Production Value by Region (2019-2030)
3.2.1 Global Vertical Farming and Plant Factory Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Vertical Farming and Plant Factory by Region (2025-2030)
3.3 Global Vertical Farming and Plant Factory Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Vertical Farming and Plant Factory Production by Region (2019-2030)
3.4.1 Global Vertical Farming and Plant Factory Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Vertical Farming and Plant Factory by Region (2025-2030)
3.5 Global Vertical Farming and Plant Factory Market Price Analysis by Region (2019-2024)
3.6 Global Vertical Farming and Plant Factory Production and Value, Year-over-Year Growth
3.6.1 North America Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Vertical Farming and Plant Factory Production Value Estimates and Forecasts (2019-2030)
4 Vertical Farming and Plant Factory Consumption by Region
4.1 Global Vertical Farming and Plant Factory Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Vertical Farming and Plant Factory Consumption by Region (2019-2030)
4.2.1 Global Vertical Farming and Plant Factory Consumption by Region (2019-2024)
4.2.2 Global Vertical Farming and Plant Factory Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Vertical Farming and Plant Factory Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Vertical Farming and Plant Factory Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Vertical Farming and Plant Factory Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Vertical Farming and Plant Factory Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Vertical Farming and Plant Factory Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Vertical Farming and Plant Factory Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Vertical Farming and Plant Factory Production by Type (2019-2030)
5.1.1 Global Vertical Farming and Plant Factory Production by Type (2019-2024)
5.1.2 Global Vertical Farming and Plant Factory Production by Type (2025-2030)
5.1.3 Global Vertical Farming and Plant Factory Production Market Share by Type (2019-2030)
5.2 Global Vertical Farming and Plant Factory Production Value by Type (2019-2030)
5.2.1 Global Vertical Farming and Plant Factory Production Value by Type (2019-2024)
5.2.2 Global Vertical Farming and Plant Factory Production Value by Type (2025-2030)
5.2.3 Global Vertical Farming and Plant Factory Production Value Market Share by Type (2019-2030)
5.3 Global Vertical Farming and Plant Factory Price by Type (2019-2030)
6 Segment by Application
6.1 Global Vertical Farming and Plant Factory Production by Application (2019-2030)
6.1.1 Global Vertical Farming and Plant Factory Production by Application (2019-2024)
6.1.2 Global Vertical Farming and Plant Factory Production by Application (2025-2030)
6.1.3 Global Vertical Farming and Plant Factory Production Market Share by Application (2019-2030)
6.2 Global Vertical Farming and Plant Factory Production Value by Application (2019-2030)
6.2.1 Global Vertical Farming and Plant Factory Production Value by Application (2019-2024)
6.2.2 Global Vertical Farming and Plant Factory Production Value by Application (2025-2030)
6.2.3 Global Vertical Farming and Plant Factory Production Value Market Share by Application (2019-2030)
6.3 Global Vertical Farming and Plant Factory Price by Application (2019-2030)
7 Key Companies Profiled
7.1 AeroFarms
7.1.1 AeroFarms Vertical Farming and Plant Factory Corporation Information
7.1.2 AeroFarms Vertical Farming and Plant Factory Product Portfolio
7.1.3 AeroFarms Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.1.4 AeroFarms Main Business and Markets Served
7.1.5 AeroFarms Recent Developments/Updates
7.2 Lufa Farms
7.2.1 Lufa Farms Vertical Farming and Plant Factory Corporation Information
7.2.2 Lufa Farms Vertical Farming and Plant Factory Product Portfolio
7.2.3 Lufa Farms Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Lufa Farms Main Business and Markets Served
7.2.5 Lufa Farms Recent Developments/Updates
7.3 Gotham Greens
7.3.1 Gotham Greens Vertical Farming and Plant Factory Corporation Information
7.3.2 Gotham Greens Vertical Farming and Plant Factory Product Portfolio
7.3.3 Gotham Greens Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Gotham Greens Main Business and Markets Served
7.3.5 Gotham Greens Recent Developments/Updates
7.4 Sky Greens
7.4.1 Sky Greens Vertical Farming and Plant Factory Corporation Information
7.4.2 Sky Greens Vertical Farming and Plant Factory Product Portfolio
7.4.3 Sky Greens Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Sky Greens Main Business and Markets Served
7.4.5 Sky Greens Recent Developments/Updates
7.5 Plenty (Bright Farms)
7.5.1 Plenty (Bright Farms) Vertical Farming and Plant Factory Corporation Information
7.5.2 Plenty (Bright Farms) Vertical Farming and Plant Factory Product Portfolio
7.5.3 Plenty (Bright Farms) Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Plenty (Bright Farms) Main Business and Markets Served
7.5.5 Plenty (Bright Farms) Recent Developments/Updates
7.6 Mirai
7.6.1 Mirai Vertical Farming and Plant Factory Corporation Information
7.6.2 Mirai Vertical Farming and Plant Factory Product Portfolio
7.6.3 Mirai Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mirai Main Business and Markets Served
7.6.5 Mirai Recent Developments/Updates
7.7 Spread
7.7.1 Spread Vertical Farming and Plant Factory Corporation Information
7.7.2 Spread Vertical Farming and Plant Factory Product Portfolio
7.7.3 Spread Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Spread Main Business and Markets Served
7.7.5 Spread Recent Developments/Updates
7.8 Scatil
7.8.1 Scatil Vertical Farming and Plant Factory Corporation Information
7.8.2 Scatil Vertical Farming and Plant Factory Product Portfolio
7.8.3 Scatil Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Scatil Main Business and Markets Served
7.7.5 Scatil Recent Developments/Updates
7.9 TruLeaf
7.9.1 TruLeaf Vertical Farming and Plant Factory Corporation Information
7.9.2 TruLeaf Vertical Farming and Plant Factory Product Portfolio
7.9.3 TruLeaf Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.9.4 TruLeaf Main Business and Markets Served
7.9.5 TruLeaf Recent Developments/Updates
7.10 Sky Vegetables
7.10.1 Sky Vegetables Vertical Farming and Plant Factory Corporation Information
7.10.2 Sky Vegetables Vertical Farming and Plant Factory Product Portfolio
7.10.3 Sky Vegetables Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sky Vegetables Main Business and Markets Served
7.10.5 Sky Vegetables Recent Developments/Updates
7.11 GreenLand
7.11.1 GreenLand Vertical Farming and Plant Factory Corporation Information
7.11.2 GreenLand Vertical Farming and Plant Factory Product Portfolio
7.11.3 GreenLand Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.11.4 GreenLand Main Business and Markets Served
7.11.5 GreenLand Recent Developments/Updates
7.12 Nongzhongwulian
7.12.1 Nongzhongwulian Vertical Farming and Plant Factory Corporation Information
7.12.2 Nongzhongwulian Vertical Farming and Plant Factory Product Portfolio
7.12.3 Nongzhongwulian Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Nongzhongwulian Main Business and Markets Served
7.12.5 Nongzhongwulian Recent Developments/Updates
7.13 SANANBIO
7.13.1 SANANBIO Vertical Farming and Plant Factory Corporation Information
7.13.2 SANANBIO Vertical Farming and Plant Factory Product Portfolio
7.13.3 SANANBIO Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.13.4 SANANBIO Main Business and Markets Served
7.13.5 SANANBIO Recent Developments/Updates
7.14 AgriGarden
7.14.1 AgriGarden Vertical Farming and Plant Factory Corporation Information
7.14.2 AgriGarden Vertical Farming and Plant Factory Product Portfolio
7.14.3 AgriGarden Vertical Farming and Plant Factory Production, Value, Price and Gross Margin (2019-2024)
7.14.4 AgriGarden Main Business and Markets Served
7.14.5 AgriGarden Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vertical Farming and Plant Factory Industry Chain Analysis
8.2 Vertical Farming and Plant Factory Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vertical Farming and Plant Factory Production Mode & Process
8.4 Vertical Farming and Plant Factory Sales and Marketing
8.4.1 Vertical Farming and Plant Factory Sales Channels
8.4.2 Vertical Farming and Plant Factory Distributors
8.5 Vertical Farming and Plant Factory Customers
9 Vertical Farming and Plant Factory Market Dynamics
9.1 Vertical Farming and Plant Factory Industry Trends
9.2 Vertical Farming and Plant Factory Market Drivers
9.3 Vertical Farming and Plant Factory Market Challenges
9.4 Vertical Farming and Plant Factory Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research