The latest research report by Emergen Research, named ‘Global  Vertical Farming Market     - Forecast to  2030                     The study on the Global  Vertical Farming Market     is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The  Vertical Farming Market     has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.

Global vertical farming market size reached USD 3.09 Billion in 2021 and is expected to register a revenue CAGR of 23.5% during the forecast period, according to latest analysis by Emergen Research. Increase in global demand for food and rapid urbanization are expected to support market revenue growth during 2022-2030.In addition, the rapid climate change caused by global warming has adversely affected the weather patterns, causing irregular rainfall, drought, desertification, thereby reducing agricultural productivity. Increasing population is expected to lead to a rise in global demand for food, which is further expected to increase demand for alternative agriculture practices such as vertical farming to ensure food security. This is expected to further accelerate revenue growth of the market during the forecast period.

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COVID-19 Impact Analysis   

• Social distancing and restrictions severely disrupted businesses and operations
• Lockdowns caused disruptions in transportation and logistics
• Impacted manufacturing activities and mining operations globally 
• Took a toll on economy of various countries
• Caused sudden and drastic downturn in economic activity 
• Disrupted agriculture, fisheries, dairy, and other sectors
• Caused loss of employment and financial crisis
• Supply impacts were further compounded owing to reduced disposable income
• Emergence of variants continue to cause concerns and impact normal routines

Major companies Of Vertical Farming Market  are  

AeroFarms, LLC, Agricool SAS, Sky Greens, Emirates Vertical Farming Farms, Freight Farms, Inc., Green Sense Farms Holdings, Inc., Heliospectra AB, LumiGrow, Inc., Signify Holding B.V., and Hydrofarm LLC.

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The demand for and current trends in the worldwide Vertical Farming Market  are highlighted in the study, but more crucially, they are highlighted across the market's key geographical areas. Additionally, in order to provide a deeper insight of the competitive landscape of this constantly changing sector, our experts incorporated SWOT analysis and Porter's Five Forces analysis in the report. The study also provides insight into the cutting-edge expansion tactics used by market competitors, including mergers and acquisitions, joint ventures, partnerships, and collaborations, as well as new product launches and brand promotions.

Key Reasons To Buy This Vertical Farming Market    Report:

• This report provides an investigation of the global Vertical Farming Market   
• This report performs a historical and future assessment of the market dynamics and provides accurate data in a well-organized sequence.
• The report evaluates the most prominent market growth potential, dynamic market trends, drivers, constraints, investment opportunities and threats.
• The report further identifies key regions and segments dominating the Vertical Farming Market   

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Emergen Research has segmented global vertical farming market on the basis of system, type, structure, equipment, and region:

• System Outlook (Revenue, USD Billion, 2019–2030)
  • Hydroponics
  • Aeroponics
  • Aquaponics
• Type Outlook (Revenue, USD Billion, 2019–2030)
  • Aggregate Systems
    1. Open System
    2. Closed System
  • Liquid Systems
• Structure Outlook (Revenue, USD Billion, 2019–2030)
  • Building-based
  • Shipping Container-based
• Equipment Outlook (Revenue, USD Billion, 2019–2030)
  • Heating Ventilation and Air Conditioning (HVAC)
  • Light-emitting Diode (LED)
  • Grow Lights
  • Irrigation Systems
  • Material Handling Equipment
  • Control Systems

 Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Vertical Farming Market    . It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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