Global Vertical Farming Market to Garner $12.77 Billion by 2026, at 24.6% CAGR - Seite 2

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Based on regions, Asia-Pacific and North America together accounted for the dominant share in 2018, accounting for nearly three-fourths of the total market share of the global vertical farming market, and will continue its lead during the forecast period. However, Europe is expected to grow at the highest growth rate, with a CAGR of 26.0% from 2019 to 2026, due to rise in the concerns related to availability of water in various regions, which presents vertical farming as a viable solution for its consumption of 90% less water as compared to traditional farming.

Key Market Player:

• 4D Bios Inc.
• Agrilution
• AeroFarms
• Everlight Electronics Co., Ltd.
• AMHYDRO (American Hydroponics)
• Illumitex Inc.
• Hort Americas
• Urban Crop Solutions,
• Koninklijke Philips N.V.
• Sky Greens.

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