Vertical Farming Market 2020 Business Scenario – AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms

The Vertical Farming Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The urban indoor vertical farm industry is at an important juncture. Automation is taking root, long-term contracts with creditworthy retail and food service distributors are in the works and vertical farms are preparing to scale up. Also, the industry is about to get its first trade group, the American Association for Urban and Vertical Farming.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Vertical Farming Market: AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai, Sky Vegetables, TruLeaf, Urban Crops, Sky Greens, GreenLand, Scatil, Jingpeng, Metropolis Farms, Plantagon and other.

Governor Ralph Northam announced that AeroFarms will invest $42 million to build their largest, most sophisticated indoor vertical farm to date in the Cane Creek Centre, a joint industrial park for the City of Danville and Pittsylvania County. Just recognized by Time Magazine as one of the Best Inventions of 2019 for Food & Beverage, AeroFarms is an award-winning farming company with proprietary aeroponic growing technology, enabling year-round local commercial production with over 390-times more productivity for leafy greens on a per acre basis vs. field farming, while using up to 95% less water and no pesticides, herbicides, or fungicides. Virginia successfully competed with North Carolina for the project, that will create 92 new jobs.

July 9 2019: AeroFarms, the US indoor farming company, has raised $100m to further expand its warehouses of stacked growing trays and branch out into different produce. The 15-year-old New Jersey-based company is one of the pioneers of indoor farming, where vegetables are grown without pesticides, under artificial light, and near consumers. The latest fundraising will value AeroFarms at $500m post-funding, according to one person familiar with the process, and was led by the venture capital arm of Ingka Group, the parent company of retailer Ikea, an existing investor.

Gotham Greens: Brooklyn, NY-based agtech company Gotham Greens marked its first move into the New England region today with the grand opening and first harvest of a new high-tech farming facility in Providence, R.I. The company said in a press release that its new 100,000 sq. ft. facility, formerly a General Electric lighting factory, will grow 6 million heads of lettuce annually. Gotham will supply those greens and herbs to retailers like Whole Foods, Star Market, and other regional grocery stores.

Gotham, which was founded in 2009 and has raised $30.1 million to date, operates a network of greenhouses across the U.S. The company uses the hydroponic technique, which means crops grow in trays without soil and soak up nutrient-enriched water through their roots. Like a growing number of indoor farming operations, Gotham’s system is fairly automated, with software controlling the amount of light and nutrients crops receive as well as the temperature of the greenhouses.

Vertical Farming Market Segmentation by Type

Hydroponics
Aeroponics
Others

Vertical Farming Market Segmentation by Application

Vegetable Cultivation
Fruit Planting
Others

For comprehensive understanding of market dynamics, the global Vertical Farming market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Vertical Farming Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

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Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

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