Vertical farming practitioners claim to be pioneering the third agricultural revolution

Vertical farming is the practice of growing produce in vertical stacks using soil, hydroponics or aeroponics to deliver water and nutrients to the plants. With seemingly higher-quality produce that is grown efficiently, locally and with a potentially lower environmental footprint, the industry appears to be a promising answer to the rising need for sustainable farming methods.

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The market was valued at $2.3 billion in 2018 and investments grew significantly from $60 million in 2015 & 2016 to $414 million in 2017 & 2018. What’s less commonly known, however, are the challenges vertical farming companies face and the prospects of overcoming them in order to establish the viability of this industry.

The report firstly introduced the Vertical Farming basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The major players profiled in this report include:

Koninklijke Philips N.V. (The Netherlands), Everlight Electronics (Taiwan), Illumitex (US), Sky Farms (Singapore), AeroFarms LLC (US), Green Sense Farms (US), American Hydroponics (US), Agrilution (Germany), Urban Crops (Belgium), and Vertical Farm Systems (Australia).

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