Vertical Farming Plant Factory Market
Vertical Farming Plant Factory Market Size and Growth
The Vertical Farming Plant Factory market is experiencing significant growth, driven by increasing urbanization and demand for sustainable agriculture. As of 2023, the market size is valued at approximately $5 billion, with a projected CAGR of over 25% through the next five years, reflecting heightened investment and technological advancements in controlled environment agriculture.
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
The Vertical Farming Plant Factory Market features key players like AeroFarms, Gotham Greens, and Plenty, driving innovation and growth through advanced technologies and sustainable practices. Companies like Lufa Farms and Mirai enhance urban agriculture, while others focus on scalability and efficiency. Notable sales figures include:
- AeroFarms: $40 million
- Gotham Greens: $35 million
- Plenty: $40 million
◍ Spread
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Market Segmentation
By Application
Vegetable Cultivation
Fruit Planting
Other
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By Product
Aeroponics
Hydroponics
Other
Market Growth
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$ X Billion USD
