Global Vertical Farming and Plant Factory Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Vertical Farming and Plant Factory market size was valued at USD 461.9 million in 2022 and is forecast to a readjusted size of USD 2028.9 million by 2029 with a CAGR of 23.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is a detailed and comprehensive analysis for global Vertical Farming and Plant Factory market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Vertical Farming and Plant Factory market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Vertical Farming and Plant Factory market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Vertical Farming and Plant Factory market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Vertical Farming and Plant Factory market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vertical Farming and Plant Factory
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vertical Farming and Plant Factory market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AeroFarms, Lufa Farms, Gotham Greens, Sky Greens and Plenty (Bright Farms), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Vertical Farming and Plant Factory market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Hydroponics
    Aeroponics
Market segment by Application
    Vegetable Cultivation
    Fruit Planting
    Others
Major players covered
    AeroFarms
    Lufa Farms
    Gotham Greens
    Sky Greens
    Plenty (Bright Farms)
    Mirai
    Spread
    Scatil
    TruLeaf
    Sky Vegetables
    GreenLand
    Nongzhongwulian
    SANANBIO
    AgriGarden
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vertical Farming and Plant Factory product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vertical Farming and Plant Factory, with price, sales, revenue and global market share of Vertical Farming and Plant Factory from 2018 to 2023.
Chapter 3, the Vertical Farming and Plant Factory competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vertical Farming and Plant Factory breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Vertical Farming and Plant Factory market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vertical Farming and Plant Factory.
Chapter 14 and 15, to describe Vertical Farming and Plant Factory sales channel, distributors, customers, research findings and conclusion.