Europe Vertical Farming Crops Market Forecast to 2028 - COVID-19 Impact and Analysis - Crop Type (Tomato, Leafy Greens, Herbs, and Others), End-Use (Food Retail, and Food Service), and Farming Technique (Hydroponics, Aeroponics, and Aquaponics)
Description
Europe Vertical Farming Crops Market Forecast to 2028 - COVID-19 Impact and Analysis - Crop Type (Tomato, Leafy Greens, Herbs, and Others), End-Use (Food Retail, and Food Service), and Farming Technique (Hydroponics, Aeroponics, and Aquaponics)
The vertical farming crops market in Europe is expected to grow from US$ 115.38 million in 2021 to US$ 360.16 million by 2028; it is estimated to grow at a CAGR of 17.7% from 2021 to 2028.
Crop production produces a huge amount of data. It always becomes crucial to analyze this data and draw insights for effective crop growth. The success of day-to-day operations depends on useful data collection and analysis, which requires crop-specific simulation models to run with minimum human interventions, taking care of all needs specific to a crop grown in the structure. Vertical farming structures depend on a solution that supports different hardware, data collection and integration, data analytics, and automatic control over installed Io T (internet of things) devices within the farm. Artificial intelligence (AI) can help the industry confront the biggest challenges, such as climatic changes and low availability of resources, from controlling major crop growth to predicting what crops would be delivering better yields. In current years, farmers on flat farms have been using new tools for making farming easier or better. They are using robots and drones to improve crop maintenance. The AI-controlled robots monitor the plant growth and continuously adjust the environmental factors to ensure more efficiency and economic output. Thus, artificial intelligence (AI) and the Internet of things (Io T) are key trends in the vertical farming crops market, thereby driving market growth.
The COVID-19 pandemic had been a significant worry for many European farmers, threatening agricultural labor access and complicating international supply chains. But for proponents of indoor farming, the crisis offered an opportunity. The COVID-19 pandemic prompted a spike in interest in ‘vertical farms’, where batches of crops can be individually watered, fed, and lit using LED lights, allowing them to be grown year-round with minimal labor requirements. With the COVID-19 outbreak, people are focused on healthy lifestyles and more sustainable plant-based diets. Thus, the vertical farming crops market benefitted from the COVID-19 pandemic.
Vendors can attract new customers and expand their footprints in emerging markets with the new features and technologies, thereby driving the Europe vertical farming crops market. The Europe vertical farming crops market is expected to grow at a significant CAGR during the forecast period.
Europe Vertical Farming Crops Market Revenue and Forecast to 2028 (US$ Million)
Europe Vertical Farming Crops Market Segmentation
Europe Vertical Farming Crops Market - By Crop Type
Tomato
Leafy Greens
Herbs
Others
Europe Vertical Farming Crops Market - By End-Use
Food Service
Food Retail
Europe Vertical Farming Crops Market - By Farming Technique
Hydroponics
Aeroponics
Aquaponics
Europe Vertical Farming Crops Market - By Country
Germany
UK
France
Italy
Russia
Rest of Europe
Europe Vertical Farming Crops Market - Companies Mentioned
Aero Farms
Crop One
Plantlab
Gotham Greens
Infarm
Agricool
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe vertical farming crops market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe vertical farming crops market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the vertical farming crops market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The vertical farming crops market in Europe is expected to grow from US$ 115.38 million in 2021 to US$ 360.16 million by 2028; it is estimated to grow at a CAGR of 17.7% from 2021 to 2028.
Crop production produces a huge amount of data. It always becomes crucial to analyze this data and draw insights for effective crop growth. The success of day-to-day operations depends on useful data collection and analysis, which requires crop-specific simulation models to run with minimum human interventions, taking care of all needs specific to a crop grown in the structure. Vertical farming structures depend on a solution that supports different hardware, data collection and integration, data analytics, and automatic control over installed Io T (internet of things) devices within the farm. Artificial intelligence (AI) can help the industry confront the biggest challenges, such as climatic changes and low availability of resources, from controlling major crop growth to predicting what crops would be delivering better yields. In current years, farmers on flat farms have been using new tools for making farming easier or better. They are using robots and drones to improve crop maintenance. The AI-controlled robots monitor the plant growth and continuously adjust the environmental factors to ensure more efficiency and economic output. Thus, artificial intelligence (AI) and the Internet of things (Io T) are key trends in the vertical farming crops market, thereby driving market growth.
The COVID-19 pandemic had been a significant worry for many European farmers, threatening agricultural labor access and complicating international supply chains. But for proponents of indoor farming, the crisis offered an opportunity. The COVID-19 pandemic prompted a spike in interest in ‘vertical farms’, where batches of crops can be individually watered, fed, and lit using LED lights, allowing them to be grown year-round with minimal labor requirements. With the COVID-19 outbreak, people are focused on healthy lifestyles and more sustainable plant-based diets. Thus, the vertical farming crops market benefitted from the COVID-19 pandemic.
Vendors can attract new customers and expand their footprints in emerging markets with the new features and technologies, thereby driving the Europe vertical farming crops market. The Europe vertical farming crops market is expected to grow at a significant CAGR during the forecast period.
Europe Vertical Farming Crops Market Revenue and Forecast to 2028 (US$ Million)
Europe Vertical Farming Crops Market Segmentation
Europe Vertical Farming Crops Market - By Crop Type
Tomato
Leafy Greens
Herbs
Others
Europe Vertical Farming Crops Market - By End-Use
Food Service
Food Retail
Europe Vertical Farming Crops Market - By Farming Technique
Hydroponics
Aeroponics
Aquaponics
Europe Vertical Farming Crops Market - By Country
Germany
UK
France
Italy
Russia
Rest of Europe
Europe Vertical Farming Crops Market - Companies Mentioned
Aero Farms
Crop One
Plantlab
Gotham Greens
Infarm
Agricool
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe vertical farming crops market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe vertical farming crops market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the vertical farming crops market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
108 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 3.2.8 Assumptions & Limitations:
- 4. Europe Vertical Farming Crops Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.3 Expert Opinion
- 5. Europe Vertical Farming Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increase in Demand for Fresh, Pesticide-Free, and Locally Grown Produce
- 5.1.2 Smaller Availability of Arable Land for Conventional Agriculture
- 5.2 Market Restraints
- 5.2.1 Exorbitant Initial Investment
- 5.3 Market Opportunities
- 5.3.1 Boosting Demand for Vertical Farming in Highly Populated Urban Countries
- 5.4 Future Trends
- 5.4.1 AI-Controlled Vertical Farms
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Europe Vertical Farming Crops - Market Analysis
- 6.1 Europe Vertical Farming Crops Market Overview
- 6.2 Europe Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Vertical Farming Market Analysis - By Crop Type
- 7.1 Overview
- 7.2 Europe Vertical Farming Market, By Crop Type (2020 and 2028)
- 7.3 Tomato
- 7.3.1 Overview
- 7.3.2 Tomato: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.4 Leafy Greens
- 7.4.1 Overview
- 7.4.2 Leafy Greens: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.5 Herbs
- 7.5.1 Overview
- 7.5.2 Herbs: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 8. Europe Vertical Farming Market Analysis - By End-Use
- 8.1 Overview
- 8.2 Europe Vertical Farming Crops Market, By End-Use (2020 and 2028)
- 8.3 Food Retail
- 8.3.1 Overview
- 8.3.2 Food Retail: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 8.4 Food Service
- 8.4.1 Overview
- 8.4.2 Food Service: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 9. Europe Vertical Farming Market Analysis - By Farming Technique
- 9.1 Overview
- 9.2 Europe Vertical Farming Crops Market, By Farming Technique (2020 and 2028)
- 9.3 Hydroponics
- 9.3.1 Overview
- 9.3.2 Hydroponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 9.4 Aeroponics
- 9.4.1 Overview
- 9.4.2 Aeroponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 9.5 Aquaponics
- 9.5.1 Overview
- 9.5.2 Aquaponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- 10. Europe Vertical Farming Crops Market - Country Analysis
- 10.1 Overview
- 10.1.1 Europe: Vertical Farming Crops Market, by Key Country
- 10.1.1.1 Germany: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 Germany: Vertical Farming Crops Market, by Crop Type
- 10.1.1.1.2 Germany: Vertical Farming Crops Market, by End-Use
- 10.1.1.1.3 Germany: Vertical Farming Crops Market, by Farming Technique
- 10.1.1.2 France: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 France: Vertical Farming Crops Market, by Crop Type
- 10.1.1.2.2 France: Vertical Farming Crops Market, by End-Use
- 10.1.1.2.3 France: Vertical Farming Crops Market, by Farming Technique
- 10.1.1.3 Italy: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 Italy: Vertical Farming Crops Market, by Crop Type
- 10.1.1.3.2 Italy: Vertical Farming Crops Market, by End-Use
- 10.1.1.3.3 Italy: Vertical Farming Crops Market, by Farming Technique
- 10.1.1.4 UK: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 UK: Vertical Farming Crops Market, by Crop Type
- 10.1.1.4.2 UK: Vertical Farming Crops Market, by End-Use
- 10.1.1.4.3 UK: Vertical Farming Crops Market, by Farming Technique
- 10.1.1.5 Russia: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.1 Russia: Vertical Farming Crops Market, by Crop Type
- 10.1.1.5.2 Russia: Vertical Farming Crops Market, by End-Use
- 10.1.1.5.3 Russia: Vertical Farming Crops Market, by Farming Technique
- 10.1.1.6 Rest of Europe: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Rest of Europe: Vertical Farming Crops Market, by Crop Type
- 10.1.1.6.2 Rest of Europe: Vertical Farming Crops Market, by End-Use
- 10.1.1.6.3 Rest of Europe: Vertical Farming Crops Market, by Farming Techniques
- 11. Impact of COVID-19 Pandemic on Europe Vertical Farming Crops Market
- 11.1 Overview
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Strategy & Business Planning
- 12.3 Merger and Acquisition
- 13. Company Profiles
- 13.1 AeroFarms
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Agricool
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 CropOne
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Infarm
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Plantlab
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Gotham Greens
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 14. Appendix
- 14.1 About The Insight Partners
- 14.2 Glossary of Terms
- List of Tables
- Table 1. Europe Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Table 2. Europe Vertical Farming Crops Market, by Country - Revenue and Forecast to 2028 (US$ Million)
- Table 3. Germany Vertical Farming Crops Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
- Table 4. Germany Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 5. Germany Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 6. France Vertical Farming Crops Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
- Table 7. France Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 8. France Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Italy Vertical Farming Crops Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Italy Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Italy Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 12. UK Vertical Farming Crops Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
- Table 13. UK Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 14. UK Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 15. UK Vertical Farming Crops Market, by Crop Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 16. Russia Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 17. Russia Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 18. Rest of Europe Vertical Farming Crops Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of Europe Vertical Farming Crops Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
- Table 20. Rest of Europe Vertical Farming Crops Market, by Farming Technique - Revenue and Forecast to 2028 (US$ Million)
- Table 21. Glossary of Terms, Europe Vertical Farming Crops Market
- List of Figures
- Figure 1. Europe Vertical Farming Crops Market Segmentation
- Figure 2. Europe Vertical Farming Crops Market Segmentation - By Country
- Figure 3. Europe Vertical Farming Crops Market Overview
- Figure 4. Europe Vertical Farming Crops Market, By Crop Type
- Figure 5. Europe Vertical Farming Crops Market, By Country
- Figure 6. Europe Vertical Farming Crops Market, Industry Landscape
- Figure 7. Europe - PEST Analysis
- Figure 8. Expert Opinion
- Figure 9. Europe Vertical Farming Crops Market Impact Analysis of Drivers and Restraints
- Figure 10. Europe Vertical Farming Crops Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 11. Europe Vertical Farming Crops Market Revenue Share, by Crop Type (2020 and 2028)
- Figure 12. Tomato: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 13. Leafy Greens: Vertical Farming Crops Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Herbs: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 15. Others: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 16. Europe Vertical Farming Crops Market Revenue Share, by End-Use (2020 and 2028)
- Figure 17. Food Retail: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 18. Food Service: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 19. Europe Vertical Farming Crops Market Revenue Share, by Farming Technique (2020 and 2028)
- Figure 20. Hydroponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 21. Aeroponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 22. Aquaponics: Vertical Farming Crops Market - Revenue, and Forecast to 2028 (US$ Million)
- Figure 23. Geographic Overview of Europe Vertical Farming Crops Market
- Figure 24. Europe: Vertical Farming Crops Market Revenue Share, by Key Country (2020 and 2028)
- Figure 25. Germany: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 26. France: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Italy: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 28. UK: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Russia: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Rest of Europe: Vertical Farming Crops Market -Revenue and Forecast to 2028 (US$ Million)
- Figure 31. Impact of COVID-19 Pandemic in Europe Country Markets
Pricing
Currency Rates
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