North America Vertical Farming Produce Market 2020-2026 by Structure, Growing Mechanism, Crop - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 22, 2020--
The “North America Vertical Farming Produce Market By Structure, By Growing Mechanism, By Crop, By Country, Industry Analysis and Forecast, 2020 - 2026” report has been added to ResearchAndMarkets.com’s offering.
The North America Vertical Farming Produce Market is expected to witness market growth of 20.2% CAGR during the forecast period (2020-2026).
In vertical farms, there is minimal use of synthetic soil, fertilizers, and harmful pesticides, the consumers also prefer the consumption of vegetables that are grown in local vertical farms. Though, for the farmers from both under-developed and developing economies, it is challenging to adapt to the technology of vertical farming, primarily due to the dearth of information and technical knowledge among the farmers.
In addition to it, these farmers need a cost-intensive budget in order to set up a vertical farm for procuring advanced products such as temperature, LED grow lights, and humidity sensors, among others. Therefore, the overall cost and efforts for setting up the farm have become a big challenge especially for small-scale farmers, and this is expected to hinder the steady growth of the market.
Increasing investments from main investors and several government initiatives for smart agriculture through subsidies and grants have become the key drivers accredited to the expansion of the market. The increased penetration of technology and its integration within the market space is continuously encouraging several venture capitalists as well as independent financiers to capitalize on considerable amounts.
Many vertical farming companies are entitled to take low-interest loans in order to assist the company with the facility, machinery, and equipment costs. Consequently, growing financial assistance has contributed to the growth of the industry and augmented the circulation of crops that are vertically grown.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Toro Company, Valmont Industries, Inc., Lindsay Corporation, Orbia Advance Corporation (Netafilm Ltd.), Hunter Industries, Inc., Rain Bird Corporation, Jain Irrigation Systems Limited, Rubicon Water, Galcon Ltd., and Telsco Industries, Inc. (Weathermatic).
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
Chapter 2. Market Overview
2.2 Key Factors Impacting the Market
Chapter 3. North America Vertical Farming Produce Market by Structure
3.1 North America Vertical Farming Produce Building-based Market by Country
3.2 North America Vertical Farming Produce Shipping Container Market by Country
Chapter 4. North America Vertical Farming Produce Market by Growing Mechanism
4.1 North America Vertical Farming Produce Hydroponics Market by Country
4.2 North America Vertical Farming Produce Aquaponics Market by Country
4.3 North America Vertical Farming Produce Aeroponics Market by Country
Chapter 5. North America Vertical Farming Produce Market by Crop
5.1 North America Tomato Vertical Farming Produce Market by Country
5.2 North America Leafy Greens (excluding lettuce) Vertical Farming Produce Market by Country
5.3 North America Bell & Chili Peppers Vertical Farming Produce Market by Country
5.4 North America Cucumber Vertical Farming Produce Market by Country
5.5 North America Strawberry Vertical Farming Produce Market by Country
5.6 North America Lettuce & Herbs Vertical Farming Produce Market by Country
5.7 North America Others Vertical Farming Produce Market by Country
Chapter 6. North America Vertical Farming Produce Market by Country
Chapter 7. Company Profiles
- AeroFarms LLC
- Agricool SAS
- Badia Farms
- Bowery Farming, Inc.
- Bright Farms, Inc.
- Gotham Greens Farms LLC
- GrowUp Urban Farms Limited
- Infarm (Indoor Urban Farming GmbH).
- Plenty Unlimited, Inc.
- Sky Greens (Sky Urban Solutions Holding Pte Ltd.)
For more information about this report visit https://www.researchandmarkets.com/r/6553oj
View source version on businesswire.com:https://www.businesswire.com/news/home/20201222005565/en/
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INDUSTRY KEYWORD: AGRICULTURE NATURAL RESOURCES
SOURCE: Research and Markets
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PUB: 12/22/2020 12:11 PM/DISC: 12/22/2020 12:11 PM