Europe Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Country: Trend Forecast and Growth Opportunity
February 28, 2023
GMD Research
118
PDF
Europe Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Country: Trend Forecast and Growth Opportunity
Abstract Europe vertical farming market was valued at $1,264.6 million in 2022 and will grow by 21.8% annually over 2022-2032, driven by the rapid urbanization, rising demand for high quality and high level of food safety, declining arable land, advantages of vertical farming equipped with advanced technologies, and independence of vertical farming from climate impacts. Highlighted with 39 tables and 58 figures, this 118-page report “Europe Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe vertical farming market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe vertical farming market in every aspect of the classification from perspectives of Mechanism, Component, Structure, Application Type, Crop, and Country.
Based on Mechanism, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hydroponics •Aquaponics •Aeroponics
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Lighting Devices •Hydroponic Components •Climate Control Devices •Sensing Devices •Irrigation Component •Building Material •Other Components
By Structure, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Building-based Structure •Container-based Structure
By Application Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Indoor Vertical Farming •Outdoor Vertical Farming
By Crop, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Tomatoes •Lettuce •Leafy Greens (excluding lettuce) •Bell & Chili Peppers •Herbs •Strawberry •Other Crops
Geographically, the following national/local markets are fully investigated: •Germany •UK •France •Spain •Italy •Netherlands •Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Mechanism, Component and Structure over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 4D Bios, Inc. AeroFarms AgriCool American Hydroponics Bowery Farming Inc. Crop One Holdings Everlight Electronics Co., Ltd. Freight Farms Heliospectra AB Kalera Inc. OSRAM GmbH. Plenty Unlimited Inc. Signify Holding Sky Greens SPREAD Co., Ltd. Urban Crop Solutions Valoya Vertical Farm Systems (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Content Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market23 2.2 Major Growth Drivers25 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of Europe Market by Mechanism42 3.1 Market Overview by Mechanism42 3.2 Hydroponics44 3.3 Aquaponics45 3.4 Aeroponics46 4 Segmentation of Europe Market by Component47 4.1 Market Overview by Component47 4.2 Lighting Devices49 4.3 Hydroponic Components51 4.4 Climate Control Devices52 4.5 Sensing Devices54 4.6 Irrigation Component56 4.7 Building Material58 4.8 Other Components59 5 Segmentation of Europe Market by Structure61 5.1 Market Overview by Structure61 5.2 Building-based Structure63 5.3 Container-based Structure64 6 Segmentation of Europe Market by Application Type65 6.1 Market Overview by Application Type65 6.2 Indoor Vertical Farming67 6.3 Outdoor Vertical Farming68 7 Segmentation of Europe Market by Crop69 7.1 Market Overview by Crop69 7.2 Tomatoes71 7.3 Lettuce72 7.4 Leafy Greens (excluding lettuce)73 7.5 Bell & Chili Peppers74 7.6 Herbs75 7.7 Strawberry76 7.8 Other Crops77 8 European Market 2022-2032 by Country78 8.1 Overview of European Market78 8.2 Germany81 8.3 U.K.83 8.4 France85 8.5 Spain87 8.6 Italy89 8.7 Netherlands91 8.8 Rest of European Market93 9 Competitive Landscape95 9.1 Overview of Key Vendors95 9.2 New Product Launch, Partnership, Investment, and M&A98 9.3 Company Profiles99 4D Bios, Inc.99 AeroFarms101 AgriCool102 American Hydroponics103 Bowery Farming Inc.104 Crop One Holdings105 Everlight Electronics Co., Ltd.106 Freight Farms107 Heliospectra AB108 Kalera Inc.109 OSRAM GmbH.110 Plenty Unlimited Inc.111 Signify Holding112 Sky Greens113 SPREAD Co., Ltd.114 Urban Crop Solutions115 Valoya116 Vertical Farm Systems117 RELATED REPORTS118
List of Tables:
Table 1. Snapshot of Europe Vertical Farming Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. World Population Projections to 203528 Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn30 Table 6. Main Product Trends and Market Opportunities in Europe Vertical Farming Market34 Table 7. Europe Vertical Farming Market by Mechanism, 2022-2032, $ mn42 Table 8. Europe Vertical Farming Market by Component, 2022-2032, $ mn47 Table 9. Key Vendors and Main Products of Grow Lights Market50 Table 10. Key Vendors and Main Products of Climate Control System Market53 Table 11. Key Vendors and Main Products of Sensors Market55 Table 12. Key Vendors and Main Products of Irrigation System Market57 Table 13. Key Vendors and Main Products of Integrated System Market60 Table 14. Europe Vertical Farming Market by Structure, 2022-2032, $ mn61 Table 15. Europe Vertical Farming Market by Application Type, 2022-2032, $ mn65 Table 16. Europe Vertical Farming Market by Crop, 2022-2032, $ mn69 Table 17. Europe Vertical Farming Market by Country, 2022-2032, $ mn80 Table 18. Germany Vertical Farming Market by Mechanism, 2022-2032, $ mn82 Table 19. Germany Vertical Farming Market by Component, 2022-2032, $ mn82 Table 20. Germany Vertical Farming Market by Structure, 2022-2032, $ mn82 Table 21. U.K. Vertical Farming Market by Mechanism, 2022-2032, $ mn84 Table 22. U.K. Vertical Farming Market by Component, 2022-2032, $ mn84 Table 23. U.K. Vertical Farming Market by Structure, 2022-2032, $ mn84 Table 24. France Vertical Farming Market by Mechanism, 2022-2032, $ mn86 Table 25. France Vertical Farming Market by Component, 2022-2032, $ mn86 Table 26. France Vertical Farming Market by Structure, 2022-2032, $ mn86 Table 27. Spain Vertical Farming Market by Mechanism, 2022-2032, $ mn88 Table 28. Spain Vertical Farming Market by Component, 2022-2032, $ mn88 Table 29. Spain Vertical Farming Market by Structure, 2022-2032, $ mn88 Table 30. Italy Vertical Farming Market by Mechanism, 2022-2032, $ mn90 Table 31. Italy Vertical Farming Market by Component, 2022-2032, $ mn90 Table 32. Italy Vertical Farming Market by Structure, 2022-2032, $ mn90 Table 33. Netherlands Vertical Farming Market by Mechanism, 2022-2032, $ mn92 Table 34. Netherlands Vertical Farming Market by Component, 2022-2032, $ mn92 Table 35. Netherlands Vertical Farming Market by Structure, 2022-2032, $ mn92 Table 36. Vertical Farming Market in Rest of Europe by Country, 2022-2032, $ mn94 Table 37. 4D Bios, Inc.: Company Snapshot99 Table 38. 4D Bios, Inc.: Business Segmentation100 Table 39. 4D Bios, Inc.: Product Portfolio100
Europe vertical farming market was valued at $1,264.6 million in 2022 and will grow by 21.8% annually over 2022-2032, driven by the rapid urbanization, rising demand for high quality and high level of food safety, declining arable land, advantages of vertical farming equipped with advanced technologies, and independence of vertical farming from climate impacts. Highlighted with 39 tables and 58 figures, this 118-page report “Europe Vertical Farming Market 2022-2032 by Mechanism (Hydroponics, Aquaponics, Aeroponics), Component (Lighting, Hydroponic Components, Climate Control, Sensing), Structure (Building-based, Container-based), Application Type (Indoor, Outdoor), Crop (Tomatoes, Lettuce, Leafy Greens, Peppers, Herbs, Strawberry), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe vertical farming market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe vertical farming market in every aspect of the classification from perspectives of Mechanism, Component, Structure, Application Type, Crop, and Country.
Based on Mechanism, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hydroponics •Aquaponics •Aeroponics
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Lighting Devices •Hydroponic Components •Climate Control Devices •Sensing Devices •Irrigation Component •Building Material •Other Components
By Structure, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Building-based Structure •Container-based Structure
By Application Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Indoor Vertical Farming •Outdoor Vertical Farming
By Crop, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Tomatoes •Lettuce •Leafy Greens (excluding lettuce) •Bell & Chili Peppers •Herbs •Strawberry •Other Crops
Geographically, the following national/local markets are fully investigated: •Germany •UK •France •Spain •Italy •Netherlands •Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Mechanism, Component and Structure over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 4D Bios, Inc. AeroFarms AgriCool American Hydroponics Bowery Farming Inc. Crop One Holdings Everlight Electronics Co., Ltd. Freight Farms Heliospectra AB Kalera Inc. OSRAM GmbH. Plenty Unlimited Inc. Signify Holding Sky Greens SPREAD Co., Ltd. Urban Crop Solutions Valoya Vertical Farm Systems (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics19 2.1 Market Size and Forecast19 2.1.1 Impact of COVID-19 on World Economy20 2.1.2 Impact of COVID-19 on the Market23 2.2 Major Growth Drivers25 2.3 Market Restraints and Challenges31 2.4 Emerging Opportunities and Market Trends34 2.5 Porter’s Fiver Forces Analysis38 3 Segmentation of Europe Market by Mechanism42 3.1 Market Overview by Mechanism42 3.2 Hydroponics44 3.3 Aquaponics45 3.4 Aeroponics46 4 Segmentation of Europe Market by Component47 4.1 Market Overview by Component47 4.2 Lighting Devices49 4.3 Hydroponic Components51 4.4 Climate Control Devices52 4.5 Sensing Devices54 4.6 Irrigation Component56 4.7 Building Material58 4.8 Other Components59 5 Segmentation of Europe Market by Structure61 5.1 Market Overview by Structure61 5.2 Building-based Structure63 5.3 Container-based Structure64 6 Segmentation of Europe Market by Application Type65 6.1 Market Overview by Application Type65 6.2 Indoor Vertical Farming67 6.3 Outdoor Vertical Farming68 7 Segmentation of Europe Market by Crop69 7.1 Market Overview by Crop69 7.2 Tomatoes71 7.3 Lettuce72 7.4 Leafy Greens (excluding lettuce)73 7.5 Bell & Chili Peppers74 7.6 Herbs75 7.7 Strawberry76 7.8 Other Crops77 8 European Market 2022-2032 by Country78 8.1 Overview of European Market78 8.2 Germany81 8.3 U.K.83 8.4 France85 8.5 Spain87 8.6 Italy89 8.7 Netherlands91 8.8 Rest of European Market93 9 Competitive Landscape95 9.1 Overview of Key Vendors95 9.2 New Product Launch, Partnership, Investment, and M&A98 9.3 Company Profiles99 4D Bios, Inc.99 AeroFarms101 AgriCool102 American Hydroponics103 Bowery Farming Inc.104 Crop One Holdings105 Everlight Electronics Co., Ltd.106 Freight Farms107 Heliospectra AB108 Kalera Inc.109 OSRAM GmbH.110 Plenty Unlimited Inc.111 Signify Holding112 Sky Greens113 SPREAD Co., Ltd.114 Urban Crop Solutions115 Valoya116 Vertical Farm Systems117 RELATED REPORTS118
List of Tables:
Table 1. Snapshot of Europe Vertical Farming Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203121 Table 3. World Economic Outlook, 2021-202322 Table 4. World Population Projections to 203528 Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn30 Table 6. Main Product Trends and Market Opportunities in Europe Vertical Farming Market34 Table 7. Europe Vertical Farming Market by Mechanism, 2022-2032, $ mn42 Table 8. Europe Vertical Farming Market by Component, 2022-2032, $ mn47 Table 9. Key Vendors and Main Products of Grow Lights Market50 Table 10. Key Vendors and Main Products of Climate Control System Market53 Table 11. Key Vendors and Main Products of Sensors Market55 Table 12. Key Vendors and Main Products of Irrigation System Market57 Table 13. Key Vendors and Main Products of Integrated System Market60 Table 14. Europe Vertical Farming Market by Structure, 2022-2032, $ mn61 Table 15. Europe Vertical Farming Market by Application Type, 2022-2032, $ mn65 Table 16. Europe Vertical Farming Market by Crop, 2022-2032, $ mn69 Table 17. Europe Vertical Farming Market by Country, 2022-2032, $ mn80 Table 18. Germany Vertical Farming Market by Mechanism, 2022-2032, $ mn82 Table 19. Germany Vertical Farming Market by Component, 2022-2032, $ mn82 Table 20. Germany Vertical Farming Market by Structure, 2022-2032, $ mn82 Table 21. U.K. Vertical Farming Market by Mechanism, 2022-2032, $ mn84 Table 22. U.K. Vertical Farming Market by Component, 2022-2032, $ mn84 Table 23. U.K. Vertical Farming Market by Structure, 2022-2032, $ mn84 Table 24. France Vertical Farming Market by Mechanism, 2022-2032, $ mn86 Table 25. France Vertical Farming Market by Component, 2022-2032, $ mn86 Table 26. France Vertical Farming Market by Structure, 2022-2032, $ mn86 Table 27. Spain Vertical Farming Market by Mechanism, 2022-2032, $ mn88 Table 28. Spain Vertical Farming Market by Component, 2022-2032, $ mn88 Table 29. Spain Vertical Farming Market by Structure, 2022-2032, $ mn88 Table 30. Italy Vertical Farming Market by Mechanism, 2022-2032, $ mn90 Table 31. Italy Vertical Farming Market by Component, 2022-2032, $ mn90 Table 32. Italy Vertical Farming Market by Structure, 2022-2032, $ mn90 Table 33. Netherlands Vertical Farming Market by Mechanism, 2022-2032, $ mn92 Table 34. Netherlands Vertical Farming Market by Component, 2022-2032, $ mn92 Table 35. Netherlands Vertical Farming Market by Structure, 2022-2032, $ mn92 Table 36. Vertical Farming Market in Rest of Europe by Country, 2022-2032, $ mn94 Table 37. 4D Bios, Inc.: Company Snapshot99 Table 38. 4D Bios, Inc.: Business Segmentation100 Table 39. 4D Bios, Inc.: Product Portfolio100