Thursday, September 29 2022

Vertical Agriculture Crops Market

Rising demand for fresh, pesticide-free and locally grown produce, limited availability of arable land for conventional agriculture drive the market growth

PORTLAND, OR, USA, January 17, 2022 / — Vertical Agriculture Crops Market By Crop Type (Tomato, Leafy Greens, Herbs and Others), End User (Direct Retail and Food Service) and Agricultural Technique (Hydroponics, Aeroponics and Aquaponics): Global Opportunities Analysis and Industry Forecast, 2021 -2027. According to the report, the global Vertical Crop Farming Industry was estimated at USD 212.4 Million in 2019 and is projected to reach USD 1.38 Billion by 2027, registering a CAGR of 26.2% from 2021 to 2027.

Drivers, constraints and opportunities-

Rising demand for fresh, pesticide-free and locally grown produce, limited availability of arable land for conventional farming, and ease of monitoring and harvesting crops in vertical farming are fueling the growth of the global crop market vertical farms. On the other hand, high initial investment and limited varieties of crops compatible with cultivation hinder growth to some extent. However, the growing interest in specialty products from top chefs is expected to create multiple opportunities in the industry.

Download a sample report at:

Covid-19 scenario-

The outbreak of the pandemic has led people to develop a greater interest in locally grown productions and as a result, there has been a tremendous increase in the trend of vertical farming among individuals across the globe.
On the other hand, several transport restrictions, during the first phase of containment, caused disruptions in the supply of equipment necessary for the process. However, government agencies in different regions have started to loosen the regulations. This has helped market players to revive their businesses.
The Direct Distribution Segment Will Dominate by 2027-

On an end-user basis, the direct retail segment contributed approximately two-thirds of the global vertical cropping market share in 2019 and is expected to lead the way by the end of 2027. he primary goal of agricultural vertical growers is to provide fresh, pesticide-free plants to local retailers so that end consumers can experience the benefits of the product within the first hours of harvest. Therefore, the majority of companies have an ultra-short supply chain and deliver products almost regularly to local retailers. This factor is driving the growth of the segment. The restaurant segment, on the other hand, would show the fastest CAGR of 26.4% throughout the forecast period. Growing demand, especially for year-round crops and specialty plants from local restaurants and cafes, food distributors, and small growers, is propelling the growth of the segment.

Obtain a detailed analysis of the impact of COVID-19 on the Vertical Agriculture Crops Market:

The hydroponics segment will maintain its dominance by 2027-

Based on the agricultural technique, the hydroponics segment accounted for more than two-fifths of the global vertical agriculture market revenue in 2019 and is expected to retain the lion’s share till 2027. The fact that the process costs less and offers faster returns on investment segment growth. Simultaneously, the aeroponics segment would exhibit the fastest CAGR of 27.2% from 2021 to 2027. This is because crops grown aeroponics grow faster and are less prone to disease.

North America had the highest share in 2019-

Based on geography, North America held the largest share in 2019, attracting more than a third of the global vertical cropping market, owing to the alarming rate of water level depletion, the presence of drought-stricken states and increasing environmental concerns. Meanwhile, Asia-Pacific would show the fastest CAGR of 27.0% by 2027. This is attributed to the fact that several Asian countries have organizations whose goal is to encourage capable urban farmers to grow locally for sustainable food production.

For a purchase request to:

Industry Pioneers-

Plant Lab
Spread Co.
Green spirits farm
Bowery Agriculture
Gotham Greens

Similar reports:
Global biostimulants market expected to reach $4,089 million by 2023
Internet of Things (IoT) in Agriculture Market to Reach $48,714 Million by 2025

Upcoming reports:
Brazil nut market:
Olive products market:
Vegetable protein market:
Commercial seaweed market:

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry sectors, including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

David Correa
Allied Analytics LLP
+1 800-792-5285
write to us here
Visit us on social media:

Street.! A Library of Online Subscription Reports – Allied Market Research


Watch Market in Thailand to Record 3.42% Annual Growth Rate in 2022 | Changing opportunities with Apple Inc. and CASIO Computer Co. Ltd.


Struggling Mizuho Financial appoints top executive Kihara as new chairman

Check Also