"Argentina's agriculture industry now includes a robust and cutting-edge sector called vertical farming. Growing crops in layers that are vertically stacked, sometimes inside or in controlled surroundings, is known as vertical farming. This strategy optimises crop growth and maximises land use through the use of cutting-edge technologies and precision farming methods.With its little amount of arable land and dense population, Argentina has a difficult time supplying the demand for locally grown food. By utilising vertical space in cities and converting buildings, warehouses, and abandoned facilities into agricultural producing spaces, vertical farming offers a solution. This shortens travel times and ensures the supply of fresh fruit by enabling year-round growing near to consumers.The potential of vertical farming to solve food security, encourage sustainability, and increase agricultural productivity has been acknowledged by the Argentinan government. The government has promoted the development of the vertical farming sector by encouraging laws, funding, and research programmes. This assistance has encouraged creativity, technological development, and the growth of vertical farming businesses across the nation.In addition, Argentinan vertical farming businesses are looking at export prospects, capitalising on the nation's reputation for technological prowess and superior agricultural goods. Argentina is a key player in the worldwide vertical farming market thanks to its cutting-edge technologies, innovation-driven culture, and commitment to sustainability. According to Bonafide Research’s report titled ""Argentina Vertical Farming Market Overview, 2027,"" the vertical farming market in Argentina is expected to grow rapidly over the forecast period. The United States is the leading country in the vertical farming market globally. Hydroponics is the most common growth mechanism adopted as it does not require soil and is secured against pests, insects and other plant diseases. On the other hand, over the future years, the aeroponics growth mechanism is projected to be used more as water is replaced by mist and does not require containers for growing. The plant is tied up to a support and the roots are sprayed with nutrient solutions. Also, aeroponics requires less space, less water, and no soil. It is the most sought-after method that is increasingly being adopted.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample
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.
Considered in this report • Geography: Argentina • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Argentina 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
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. "