We are monitoring the impact of COVID-19 on Asia Pacific Vertical Farming Market Get in touch with us for detailed analysis Know More
Share on

Asia Pacific Vertical Farming Market By Growth Mechanism (Hydroponics, Aeroponics And Aquaponics), By Structure (Building Based And Shipping Container), By Offering (Hardware, Software, And Service), By Crop Type And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast 2022 to 2027.

Published: January, 2022
ID: 2697
Pages: 145

Asia Pacific Vertical Farming Market Size & Growth 2026:

Asia Pacific Vertical Farming Market was valued at USD 0.78 billion in 2021 and is estimated to be growing at a CAGR of 29%, to reach USD 2.77 billion by 2026.

Vertical Farming techniques control factors such as environmental influences like temperature, humidity, gases, etc., amount of light, and fertigation factors which include the use of fertilizers and other soil products. In some Vertical Farms, natural light is used in combination with artificial lighting and metal reflectors, analogous to greenhouses. Vertical Farming is the latest advance in farming, in which all environmental factors can be precisely controlled. Generally, foods and medicines are produced in upright stacked layers, vertically inclined surfaces, and/or in assimilated structures like warehouses, shipping containers, skyscrapers, etc. in the Vertical Farming process

Asia Pacific Vertical Farming Market Drivers:

The efficacy of artificial lighting to enhance the yield, health and growth rate of plants coupled with lower dependency on the weather for production is driving the market from the producer side. The above factors accompanied by the growth in use of technology such as the Internet of Things in Vertical Farming, rapidly expanding populace, and increase in the annual production of crops are predicted to exponentially boost the market growth. Increasing consumer demand for organic foods, foods free from pesticides, and genetically modified organisms (GMOs) is the major driving force of the market. High costs of lighting equipment and continuous maintenance requirement are the constraints faced by the Vertical Farming market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021– 2026

Base Year

2020

Forecast Period

2021- 2026

CAGR

29%

Segments Covered

By Growth Mechanism,  By Structure,  By Offering

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

  • China
  • India
  • Japan
  • South Korea
  • Australia

Market Leaders Profiled

Illumitex Inc. (U.S.), Aerofarms (U.S.), Koninklijke Philips N.V. (The Netherlands), and Sky Greens (Singapore) among others.

Market Segmentation:

Asia Pacific Vertical Farming Market - By Growth Mechanism:

  • Hydroponics
  • Aeroponics
  • Aquaponics

Asia Pacific Vertical Farming Market - By Structure:

  • Buildings
  • Shipping Containers

Asia Pacific Vertical Farming Market - By Offering:

  • Hardware
  • Software
  • Service

Geographical Analysis:

  • China
  • India
  • Japan
  • South Korea
  • Australia

Asia Pacific is one of the most lucrative markets for the growth of the Vertical Farming market and is projected to grow with the highest CAGR of 29% during the forecast period. Factors such as growing demand for pesticide-free foods, limited land availability for feeding the swelling populace and the emerging economies in countries such as India and China are predicted to lead the growth of the market in this region.

Key Players:

Key players involved in the development of the Asia Pacific vertical farming market are Illumitex Inc. (U.S.), Aerofarms (U.S.), Koninklijke Philips N.V. (The Netherlands), and Sky Greens (Singapore) among others

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemiology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)   

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market  

5. Market Segmentation                                              

                5.1 Growth Mechanism                

                                5.1.1 Introduction           

                                5.1.2 Hydroponics           

                                5.1.3 Aeroponics             

                                5.1.4 Aquaponics             

       5.1.5  Y-o-Y Growth Analysis, By Growth Mechanism      

     5.1.6  Market Attractiveness Analysis, By Growth Mechanism  

    5.1.7  Market Share Analysis, By Growth Mechanism      

                5.2 Structure                     

                                5.2.1 Introduction           

                                5.2.2 Building Based       

                                5.2.3 Shipping Container              

      5.2.4 Y-o-Y Growth Analysis, By Structure            

       5.2.5 Market Attractiveness Analysis, By Structure          

   5.2.6 Market Share Analysis, By Structure            

                5.3 Offering                       

                                5.3.1 Introduction           

                                5.3.2 Hardware

                                5.3.3 Software  

                                5.3.4 Service      

      5.3.5 Y-o-Y Growth Analysis, By Offering              

   5.3.6  Market Attractiveness Analysis, By Offering           

      5.3.7  Market Share Analysis, By Offering             

                5.4 Crop Type                   

                                5.4.1 Introduction           

     5.4.2 Y-o-Y Growth Analysis, By Crop Type           

5.4.3  Market Attractiveness Analysis, By Crop Type        

5.4.4  Market Share Analysis, By Crop Type         

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Growth Mechanism

                                                6.1.3.3 By Structure

                                                6.1.3.4 By Offering

                                                6.1.3.5 By Crop Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Growth Mechanism

                                                6.1.4.3 By Structure

                                                6.1.4.4 By Offering

                                                6.1.4.5 By Crop Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Growth Mechanism

                                                6.1.5.3 By Structure

                                                6.1.5.4 By Offering

                                                6.1.5.5 By Crop Type

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

       7.2.4 Threat of Substitute Products and Services              

      7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Sky Greens                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Aerofarms                  

                8.3 Illumitex                      

                8.4 Koninklijke Philips N.V                           

                8.5 Everlight Electronics                

                8.6 Green Sense Farms LLC                         

                8.7 Agrilution                    

                8.8 American Hydroponics                          

                8.9 Urban Crops                               

                8.10 Vertical Farm Systems                         

                8.11 Indoor Harvest Corporation  

                8.12 American Hydroponics                        

                8.13 Moflo Aeroponics                 

                8.14 SPREAD                      

                8.15 Mirai                           

                8.16 Freight Farms                          

                8.17 Bright Farms                            

                8.18 Plantagon International AB                               

                8.19 Gills N Claws Pte Ltd                             

                8.20 Alesca Life                

                8.21 General Hydroponics                           

                8.22 Heliospectra AB                      

                8.23 GrowUp Urban Farms                         

                8.24 Ecobains Gardens                  

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures   

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  2. Asia-Pacific Hydroponics Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia-Pacific Aeroponics Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia-Pacific Aquaponics Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia-Pacific Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  6. Asia-Pacific Building Based Market By Region, From 2022 - 2027 ( USD Billion )
  7. Asia-Pacific Shipping Container Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia-Pacific Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  9. Asia-Pacific Hardware Market By Region, From 2022 - 2027 ( USD Billion )
  10. Asia-Pacific Software Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia-Pacific Service Market By Region, From 2022 - 2027 ( USD Billion )
  12. Asia-Pacific Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )
  13. Japan Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  14. Japan Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  15. Japan Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  16. Japan Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )
  17. China Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  18. China Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  19. China Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  20. China Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )
  21. India Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  22. India Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  23. India Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  24. India Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )
  25. Australia Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  26. Australia Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  27. Australia Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  28. Australia Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )
  29. South Korea Vertical Farming Market By Growth Mechanism, From 2022 - 2027 ( USD Billion )
  30. South Korea Vertical Farming Market By Structure, From 2022 - 2027 ( USD Billion )
  31. South Korea Vertical Farming Market By Offering, From 2022 - 2027 ( USD Billion )
  32. South Korea Vertical Farming Market By Crop Type, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed

PURCHASE OPTIONS

excel
$

3335


pdf excel
$

3680


pdf excel powerbi
$

5520


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 3335

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample