United States (US) Vertical Farming Market Overview, 2027

US Vertical Farming Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

"The U.S. vertical farming market is a quickly growing industry that uses cutting-edge agricultural technologies to grow crops indoors or in vertically stacked layers. The United States is embracing vertical farming as a way to improve food production, assure food security, and lessen the environmental impact of traditional agriculture because of its huge population and different climatic circumstances. In the United States, agriculture culture places a strong emphasis on innovation, effectiveness, and sustainable practices. By maximizing the use of resources and land, minimizing water use, and lowering the need for pesticides and fertilizers, vertical farming is consistent with these objectives. The drivers behind the adoption of vertical farming in the U.S. include the growing demand for locally sourced, fresh produce, the desire to mitigate the effects of climate change, and the need for year-round crop production in regions with limited agricultural capabilities. The U.S. Vertical Farming Market showcases cutting-edge innovations such as advanced lighting systems, hydroponic or aeroponic cultivation techniques, and data-driven monitoring and control systems. These technologies enable precise control over environmental conditions, optimize resource efficiency, and enhance crop yield and quality. The government's support, private sector investments, and collaborations between research institutions and industry players further drive the growth and advancement of the U.S. Vertical Farming Market, fostering a culture of sustainable agriculture and technological innovation in the nation. According to Bonafide Research’s report titled ""United States (US) Vertical Farming Market Overview, 2027,"" the vertical farming market in the United States (US) is expected to grow rapidly over the forecast period. Vertical farming is at the forefront of the urban agriculture revolution in the United States. By utilizing vertical space in urban areas, it enables fresh produce to be grown closer to consumers, reducing transportation costs and food miles. Vertical farming allows for year-round crop production, overcoming the limitations of seasonal agriculture. By providing a controlled environment with optimal lighting, temperature, and humidity, vertical farms can produce crops consistently regardless of external weather conditions. Vertical farming is incredibly resource-efficient, using significantly less water compared to traditional agriculture. It also requires minimal land, making it suitable for urban areas where space is limited. Vertical farming aligns with sustainable agricultural practices, as it reduces the need for synthetic pesticides and fertilizers. It also eliminates soil erosion and minimizes water runoff, leading to more environmentally friendly farming practices. Vertical farms can cultivate a wide variety of crops, including leafy greens, herbs, strawberries, and even root vegetables. This diversity of crops provides consumers with a range of fresh, locally-grown options throughout the year. The U.S. Vertical Farming Market is driven by constant technological advancements. Innovative systems such as automated planting, advanced lighting systems, and IoT sensors enable precise monitoring and control of environmental conditions, optimizing plant growth and resource usage. Vertical farming contributes to enhancing food security in the United States by reducing dependence on imports and ensuring a consistent supply of fresh produce, even in regions with limited agricultural capabilities.

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Shipping container-based vertical farming is projected to be rapidly increasing over the forecast period, especially in contrast to the declining farmlands and the time and cost of transporting fresh produce to reach the final consumer. Shipping container vertical farming is decentralizing the food ecosystem. Farming takes place in containers and requires less water, which overcomes drought-prone land areas. Since the size uniformity is maintained in the container, it can be easily transported anywhere in the world. It is a versatile tool that can be placed anywhere; one above the other, rooftop, backyard, parking lot, or alleyway. This way of farming is agnostic to weather, and any crop can be grown at any time of the year and stay protected from harsh external weather conditions. Additionally, the automation saves manual labor work and controls the plant's nutrition and hydration levels automatically. Container-based vertical farming is the most cost-effective alternative as compared to other indoor farming techniques like greenhouse farming or warehouse farming. It utilizes every square inch of the container to produce crops and can host up to 13,000 plants at the same time. Vertical farming is an advantageous form of farming as it holds a promising future for the growing populace. It requires 80% less water, which is also recycled and reused. It is free from any form of pesticide and has no dependency on the natural environment. Since it is located in urban areas in the interior, the fresh produce reaches the consumer quickly without any hassle. These are better replacements for cold storage logistics. It saves on transportation fuel costs and reduces spoilage, which affects the final consumer price. Also, the seasonal crops can be grown all year round. However, like any other industry, vertical farming has its own drawbacks, like initial capital requirements being very high and the cost of erecting structures with automation. This again needs to be monitored constantly and demands technical know-how. Additionally, remote control systems, automated racking, programmable LED lighting, and climate control systems are required in place to successfully carry out vertical farming. The major restraint is the non-availability of skilled manpower. The nano-climate control technology is used to monitor the growth of plants as they push the boundaries of the climate. It is used to regulate and monitor the lighting, humidity, temperature, and nutrient levels to enhance productivity and reduce costs. Almost 25% of energy costs can be controlled with the use of climate control facilities. It helps with targeted cooling for individual rows or plants, creating a nano-climate zone. Nanoclimate control comes to the rescue. It creates slurry piping for optimum growth of the individual plants, thereby decreasing overall costs of operation.

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Manmayi Raval

Manmayi Raval

Research Consultant

Considered in this report • Geography: United States (US) • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • United States (US) Vertical Farming Market with its value and forecast along with its segments • Application wise vertical farming distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on Growth Mechanism: • Hydroponics • Aeroponics • Aquaponics

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Manmayi Raval

Based on structure type: • Building based-vertical farming • Shipping based-vertical farming Based on hydroponics components: • Lighting • Climate Control (HVAC) • Sensors • Other Hydroponic Components The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the verticle farming industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Introduction
  • 2.1. Market Definition
  • 2.2. Market Scope & Segmentation
  • 2.3. Research Methodology
  • 3. US Macro Economic Indicators
  • 4. US Vertical Farming Market Category Analysis
  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Opportunities
  • 4.5. Policies & Certification
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments - 2021
  • 5. US Vertical Farming Market Trends
  • 6. US Vertical Farming Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Growth Mechanism
  • 6.2.2. By Structure
  • 6.2.3. By Component
  • 7. US Vertical Farming Market Segmentations
  • 7.1. US Vertical Farming Market, By Growth Mechanism
  • 7.1.1. US Vertical Farming Market Size, By Hydroponics, 2016 - 2027F
  • 7.1.2. US Vertical Farming Market Size, By Aeroponics, 2016 - 2027F
  • 7.1.3. US Vertical Farming Market Size, By Aquaponics, 2016 - 2027F
  • 7.2. US Vertical Farming Market, By Structure
  • 7.2.1. US Vertical Farming Market Size, By Building-based vertical farms, 2016 - 2027F
  • 7.2.2. US Vertical Farming Market Size, By Shipping Container-based vertical farms, 2016 - 2027F
  • 7.3. US Vertical Farming Market, By Component
  • 7.3.1. US Vertical Farming Market Size, By Lighting, 2016 - 2027F
  • 7.3.2. US Vertical Farming Market Size, By Climate Control (HVAC), 2016 - 2027F
  • 7.3.3. US Vertical Farming Market Size, By Sensors, 2016 - 2027F
  • 7.3.4. US Vertical Farming Market Size, By Other hydroponics components, 2016 - 2027F
  • 8. US Vertical Farming Market Opportunity Assessment
  • 8.1. By Growth Mechanism, 2022F to 2027F
  • 8.2. By Structure, 2022F to 2027F
  • 8.3. By Component, 2022F to 2027F
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1: US Vertical Farming Market Size of Hydroponics (2016 to 2027F) (in USD Million)
Table 2: US Vertical Farming Market Size of Aeroponics (2016 to 2027F) (in USD Million)
Table 3: US Vertical Farming Market Size of Aquaponics (2016 to 2027F) (in USD Million)
Table 4: US Vertical Farming Market Size of Building-based vertical farms (2016 to 2027F) (in USD Million)
Table 5: US Vertical Farming Market Size of Shipping Container-based vertical farms (2016 to 2027F) (in USD Million)
Table 6: US Vertical Farming Market Size of By Lighting (2016 to 2027F) (in USD Million)
Table 7: US Vertical Farming Market Size of Climate Control (HVAC) (2016 to 2027F) (in USD Million)
Table 8: Key Facts of Company 1
Table 9: Key Facts of Company 2
Table 10: Key Facts of Company 3
Table 11: Key Facts of Company 4
Table 12: Key Facts of Company 5
Table 13: Key Facts of Company 6
Table 14: Key Facts of Company 7
Table 15: Key Facts of Company 8

List of Figure
Figure 1: US Vertical Farming Market Size By Value 2016 to 2027F (In USD million)
Figure 2: US Vertical Farming Market Share By Growth Mechanism Type (2016, 2021 & 2027F)
Figure 3: US Vertical Farming Market Share By Structure Type (2016, 2021 & 2027F)
Figure 4: US Vertical Farming Market Share By Component (2016, 2021 & 2027F)
Figure 5: Market Attractiveness Index, By Growth Mechanism
Figure 6: Market Attractiveness Index, By Structure
Figure 7: Market Attractiveness Index, By Component
Figure-8: Porter's Five Forces Meter of Vertical Farming Industry in the US
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United States (US) Vertical Farming Market Overview, 2027

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