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Vertical Farming Market Outlook 2030: Innovations and Growth Prospects

The vertical farming market is rapidly growing as urbanization and sustainable agriculture gain prominence. Leveraging technologies like hydroponics, aeroponics, and LED lighting, vertical farms are maximizing crop yield in limited spaces while reducing water usage and pesticide reliance. With increasing demand for fresh, locally grown produce and the push for greener food production methods, vertical farming is attracting significant investments. As we move into 2030, expect continued innovation and expansion in this market, paving the way for a more sustainable future in agriculture.

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Vertical Farming Market Outlook 2030: Innovations and Growth Prospects

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  1. Vertical Farming Market The global Vertical Farming Market size is predicted to reach USD 30.58 billion with a CAGR of 24.6% by 2030 North America is expected to exhibit steady growth in the market Asia-Pacific held the predominant share of the Vertical Farming Market Next Move Strategy Consulting

  2. Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting

  3. Market Overview • Vertical farming is a type of agriculture in which crops are produced vertically, rather than in horizontal rows. Crops grown in a vertical manner provide greater space, resulting in a higher crop yield per square foot of land used. • This type of farming is mainly located in indoor areas where the farmers instead of using sunlight and rain, control the environmental conditions by using LED lighting. • Vertical framing does not depend on the natural environment for the production of crops rather it uses advanced technologies such as big data analytics, robotics, artificial intelligence (AI), and the internet of things (IoT) to control humidity and temperature so that the crops can be produced perfectly without any agronomic constrain. • This is expected to support the growth of the vertical farming market. Also, vertical farming allows the farmers to produce crops with 70% to 95% less water than what is required for normal cultivation and the water used in this type of farming can be recycled. further boosting the market growth. Next Move Strategy Consulting

  4. Market Segmentation • By Crop Type • Leafy Green • Pollinated Plants • Nutraceutical Plant • By Component • Hardware • * Lighting • * Hydroponics Components • * Sensors • * Climate Control • Software • Services • By Growth Mechanism • Hydroponics • Aeroponics • Aquaponics • By Structure • Building-based Vertical Farms • Container-based Vertical Farms Next Move Strategy Consulting

  5. Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

  6. Key Market Players • Aerofarms • InFarm • Jones Food Company • Swegreen • Sky Greens • Agricool • Future Crops • Freight Farms Inc • Grow Up Farms Ltd • 4D Bios Inc Next Move Strategy Consulting

  7. Key Highlights • Market Growth: The vertical farming market is experiencing robust growth, driven by the increasing need for efficient, sustainable food production methods. The market is projected to grow at a compound annual growth rate (CAGR) of around 20-25% over the next several years, reflecting its significant potential. • Applications : Vertical farming is particularly well-suited for urban environments where space is limited. It enables local production of fresh produce close to consumers, reducing transportation costs and carbon footprint.Vertical farms often focus on high-value, high-margin crops such as leafy greens, herbs, and microgreens due to their quick growth cycles and high demand. • Environmental and Economic Benefits : Vertical farming uses significantly less water and pesticides compared to traditional farming methods. The controlled environment reduces the risk of crop diseases and pests.Reduced Transportation: By growing food locally in urban centers, vertical farming reduces the need for long-distance transportation, which can lower carbon emissions and spoilage. Next Move Strategy Consulting

  8. THANK YOU Next Move Strategy Consulting Follow us www.nextmsc.com info@nextmsc.com +1-217-650-7991 Access Full Report - https://www.nextmsc.com/report/vertical-farming-market Next Move Strategy Consulting

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