Vertical Farming and Plant Factory Market
Vertical Farming and Plant Factory Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Vertical Farming and Plant Factory Market Size and Growth
The global Vertical Farming and Plant Factory market is experiencing significant growth due to increasing demand for locally grown produce and sustainable farming practices. The market size is projected to reach $6.4 billion by 2025, driven by advancements in technology and the need for food security in urban areas.
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Companies Covered (Covid 19 Impact Covered)
◍ AeroFarms
◍ Gotham Greens
◍ Plenty (Bright Farms)
◍ Lufa Farms
◍ Beijing IEDA Protected Horticulture
◍ Green Sense Farms
◍ Garden Fresh Farms
◍ Mirai
◍ Sky Vegetables
◍ TruLeaf
◍ Urban Crops
◍ Sky Greens
◍ GreenLand
◍ Scatil
◍ Jingpeng
◍ Metropolis Farms
◍ Plantagon
◍ Spread
The competitive landscape of the Vertical Farming and Plant Factory market includes companies such as AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, and others. These companies utilize technology such as hydroponics and LED lighting to grow crops in controlled environments, contributing to the growth of the market.
- AeroFarms: $45 million in sales revenue
- Gotham Greens: $30 million in sales revenue
- Lufa Farms: $20 million in sales revenue
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Market Segmentation
By Application
Vegetable Cultivation
Fruit Planting
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By Product
Hydroponics
Aeroponics
Market Growth
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$ X Billion USD
