United States Vertical Farming Market Overviews
United States Vertical Farming Market size was valued at US$ 2.00 Bn. in 2022.
Vertical farming is a new agricultural production method in which crops are stacked vertically and cultivated. Compared to traditional agriculture, this method allows you to grow very large quantities of crops in much smaller spaces. Vertical farming is a type of energy-intensive agricultural production system that uses big data analysis, robotics, the Internet of Things, artificial intelligence, and other technologies to grow crops more efficiently.
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United States Vertical Farming Market Scope and Methodology:
The US vertical farming marketplace is anticipated to upward thrust because of growing population, arable land loss, environmental sustainability, decrease exertions costs, better 12 months spherical yield, and green crop tracking and harvesting. The growing need for sustainable farming to reduce the negative impact on the environment will drive the growth of the US vertical farming market. The exponential scale of pollution and production intensification, which has a significant impact on the planet’s resources, will drive the need for sustainable agricultural practices in the US market. Supply chain inefficiencies amplify the impact of shortages and negatively impact the harvesting, processing and transportation processes in the market.
United States Vertical Farming Market Regional Insights
The United States of America is the main region that dominates the North American agricultural vertical market and accounts for 71.5% of the revenue market share in 2020. The United States in United States dominates the agricultural vertical market due to the decreasing demand for intervention. The intervention of machinery required for agriculture, the growing popularity of organic crops and increasing opportunities for external funding for stakeholders and researchers are the main factors driving the agricultural market.
United States Vertical FarmingMarket Segmentation
By Structure Type, the market is segmented as Building-based vertical farming and Shipping container-based vertical farming. Building-based vertical farming dominated the market with a 62.2% share in 2020. The building-based segment is analysed as having a large market share due to the available space where growers can easily move and monitor the produce, thus building-based vertical farming offers high yields than traditional land farming and container-based farming by driving their base segment of the building.
United States Vertical Farming Market Key Players
Eden Green Technology
Elevate Farms Inc.
iFarm
OSRAM GmbH
Plenty Unlimited Inc.
Agrilution
AeroFarms
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Key questions answered in the United States Vertical Farming Market are:
- What is United States Vertical Farming ?
- What was the United States Vertical Farming market size in 2023?
- What is the growth rate of the United States Vertical Farming Market?
- Which are the factors expected to drive the United States Vertical Farming market growth?
- What are the different segments of the United States Vertical Farming Market?
- What growth strategies are the players considering to increase their presence in United States Vertical Farming ?
- What are the upcoming industry applications and trends for the United States Vertical Farming Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the United States Vertical Farming Market?
- Who are the leading companies and what are their portfolios in United States Vertical Farming Market?
- What segments are covered in the United States Vertical Farming Market?
- Who are the key players in the United States Vertical Farming market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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