
Report ID: SQMIG45I2097
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Vertical Farming Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Vertical Farming industry players.
Companies, including VertiVegies, AeroFarms, Freight Farms, Inc., Plenty Unlimited Inc., Urban Crop Solutions, and Sky Greens provide a range of vertical farming techniques. These companies are focused on developing operational and environmentally beneficial agricultural solutions. To expand their operations globally, the market players use a variety of tactics, such as alliances, mergers, acquisitions, and collaborations. The report offers insights into market trends and discusses noteworthy developments in the industry.
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Vertical Farming Market size was valued at USD 8.27 Billion in 2023 and is poised to grow from USD 9.94 Billion in 2024 to USD 43.32 Billion by 2032, growing at a CAGR of 20.2% during the forecast period (2025-2032).
Companies, including VertiVegies, AeroFarms, Freight Farms, Inc., Plenty Unlimited Inc., Urban Crop Solutions, and Sky Greens provide a range of vertical farming techniques. These companies are focused on developing operational and environmentally beneficial agricultural solutions. To expand their operations globally, the market players use a variety of tactics, such as alliances, mergers, acquisitions, and collaborations. The report offers insights into market trends and discusses noteworthy developments in the industry. 'Sky Greens ', 'Plenty ', 'FarmOne ', 'Freight Farms ', 'Modular Farms Co. ', 'General Hydroponics ', 'American Hydroponics ', 'Illumitex ', 'Everlight Electronics ', 'AeroFarms ', 'BrightFarms ', 'Green Sense Farms ', 'Growtainer', 'Signify Holding B.V.', 'Vertical Farm Systems', 'Heliospectra AB'
Global need for food is being driven by population growth, which is expanding the vertical farming sector. It makes crop production easier in cramped locations, which promotes its development into cities. Increased public awareness of sustainable practices contributes to the growth as well. It uses less labor, less water, and better utilizes the area provided.
These "vertical farming robots" represent a small group of automated technologies designed to make many agricultural management, cultivation, and harvesting tasks easier. Among them can be cited robotic arms, drones, and conveyors. These advanced robotic tools employ computer vision and machine learning to do precise tasks including crop health monitoring, precision seed sowing, and efficient crop harvesting.
North America is expected to contribute significantly to the growth of the vertical farming business and held the greatest market share in 2023. This is a result of the presence of big vertical farms in states such as Canada and the US. In a similar spirit, the region's growing use of automation and advanced technologies in agriculture encourages pesticide-free, year-round food production. The number of people living in cities in countries, including the US and Canada is increasing, which raises the need for high-quality organic food that is produced using major agricultural techniques.
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Report ID: SQMIG45I2097
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