Mexico Vertical Farming Market Overview, 2027

"The Mexico Vertical Farming Market is a quickly developing industry that blends cutting-edge agricultural technologies, conventional farming methods, and a rich cultural legacy. Mexico is adopting vertical farming as a way to increase food production, increase food security, and promote sustainable farming methods because of its diversified agricultural landscapes, favorable climate conditions, and agricultural traditions. With a strong connection to the land and an emphasis on traditional farming methods, Mexico's agricultural culture is firmly ingrained in its history. Modern technology and ancient knowledge are combined in vertical farming to create a special fusion of innovation and cultural legacy. Growing consumer demand for fresh, locally produced products, the need to lessen the impact of climate change on agriculture, and the pursuit of sustainable farming methods are some of the factors driving the adoption of vertical farming in Mexico. Vertical farming enables effective resource and land use, lower water use, and year-round agricultural production. Innovative techniques like hydroponics, aquaponics, cutting-edge lighting systems, and data-driven monitoring and control systems are on display at the Mexico Vertical Farming Market. These innovations improve resource efficiency, permit precise environmental management, and boost agricultural output and quality. The growth and development of the Mexico Vertical Farming Market are driven by government assistance, private sector investments, and partnerships between research institutes and industry players, which promote an innovative culture and sustainable agricultural practices. According to Bonafide Research’s report titled ""Mexico Vertical Farming Market Overview, 2027,"" the vertical farming market in Mexico is expected to grow rapidly over the forecast period. Mexico has a rich history of agriculture, dating back to ancient civilizations such as the Aztecs and Mayans. Vertical farming in Mexico honors these traditions by combining modern technology with ancestral knowledge, creating a unique blend of innovation and cultural heritage. Mexico's vertical farming market offers a wide range of crops that can be grown, including traditional staples like corn and beans, as well as a variety of vegetables, herbs, and even exotic fruits. This diversity allows for local and sustainable production of a broad range of fresh and nutritious foods. Water scarcity is a significant concern in Mexico, and vertical farming offers a solution. Through hydroponics and other advanced cultivation techniques, vertical farms in Mexico can conserve water by using up to 90% less water compared to traditional farming methods. Mexico's favorable climate conditions, coupled with controlled environment technologies in vertical farming, allow for year-round crop production. This ensures a consistent supply of fresh produce, regardless of seasonal limitations. Mexico's vertical farming market contributes to urban agriculture, enabling food production in densely populated areas. Vertical farms can be established in urban spaces, bringing agriculture closer to consumers, reducing transportation distances, and promoting local food production. Vertical farming in Mexico generates employment opportunities, supporting local economies and contributing to sustainable development. From farm operations to technology management and marketing, the sector provides a range of jobs across the value chain.

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 the fresh produce to reach the final consumer. Shipping container vertical farming is decentralising the food eco-system. The farming takes place in containers and requires less water, which overcomes the draught 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 the harsh external weather conditions. Additionally, the automation saves manual labour 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 utilises 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 a better replacement 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. 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 the produce and reduce the 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

Research Consultant

Considered in this report • Geography: Mexico • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Mexico 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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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 report 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 agricultural 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. "