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.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Europe Market by Mechanism 42
3.1 Market Overview by Mechanism 42
3.2 Hydroponics 44
3.3 Aquaponics 45
3.4 Aeroponics 46
4 Segmentation of Europe Market by Component 47
4.1 Market Overview by Component 47
4.2 Lighting Devices 49
4.3 Hydroponic Components 51
4.4 Climate Control Devices 52
4.5 Sensing Devices 54
4.6 Irrigation Component 56
4.7 Building Material 58
4.8 Other Components 59
5 Segmentation of Europe Market by Structure 61
5.1 Market Overview by Structure 61
5.2 Building-based Structure 63
5.3 Container-based Structure 64
6 Segmentation of Europe Market by Application Type 65
6.1 Market Overview by Application Type 65
6.2 Indoor Vertical Farming 67
6.3 Outdoor Vertical Farming 68
7 Segmentation of Europe Market by Crop 69
7.1 Market Overview by Crop 69
7.2 Tomatoes 71
7.3 Lettuce 72
7.4 Leafy Greens (excluding lettuce) 73
7.5 Bell & Chili Peppers 74
7.6 Herbs 75
7.7 Strawberry 76
7.8 Other Crops 77
8 European Market 2022-2032 by Country 78
8.1 Overview of European Market 78
8.2 Germany 81
8.3 U.K. 83
8.4 France 85
8.5 Spain 87
8.6 Italy 89
8.7 Netherlands 91
8.8 Rest of European Market 93
9 Competitive Landscape 95
9.1 Overview of Key Vendors 95
9.2 New Product Launch, Partnership, Investment, and M&A 98
9.3 Company Profiles 99
4D Bios, Inc. 99
AeroFarms 101
AgriCool 102
American Hydroponics 103
Bowery Farming Inc. 104
Crop One Holdings 105
Everlight Electronics Co., Ltd. 106
Freight Farms 107
Heliospectra AB 108
Kalera Inc. 109
OSRAM GmbH. 110
Plenty Unlimited Inc. 111
Signify Holding 112
Sky Greens 113
SPREAD Co., Ltd. 114
Urban Crop Solutions 115
Valoya 116
Vertical Farm Systems 117
RELATED REPORTS 118
List of Tables:
Table 1. Snapshot of Europe Vertical Farming Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. World Population Projections to 2035 28
Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn 30
Table 6. Main Product Trends and Market Opportunities in Europe Vertical Farming Market 34
Table 7. Europe Vertical Farming Market by Mechanism, 2022-2032, $ mn 42
Table 8. Europe Vertical Farming Market by Component, 2022-2032, $ mn 47
Table 9. Key Vendors and Main Products of Grow Lights Market 50
Table 10. Key Vendors and Main Products of Climate Control System Market 53
Table 11. Key Vendors and Main Products of Sensors Market 55
Table 12. Key Vendors and Main Products of Irrigation System Market 57
Table 13. Key Vendors and Main Products of Integrated System Market 60
Table 14. Europe Vertical Farming Market by Structure, 2022-2032, $ mn 61
Table 15. Europe Vertical Farming Market by Application Type, 2022-2032, $ mn 65
Table 16. Europe Vertical Farming Market by Crop, 2022-2032, $ mn 69
Table 17. Europe Vertical Farming Market by Country, 2022-2032, $ mn 80
Table 18. Germany Vertical Farming Market by Mechanism, 2022-2032, $ mn 82
Table 19. Germany Vertical Farming Market by Component, 2022-2032, $ mn 82
Table 20. Germany Vertical Farming Market by Structure, 2022-2032, $ mn 82
Table 21. U.K. Vertical Farming Market by Mechanism, 2022-2032, $ mn 84
Table 22. U.K. Vertical Farming Market by Component, 2022-2032, $ mn 84
Table 23. U.K. Vertical Farming Market by Structure, 2022-2032, $ mn 84
Table 24. France Vertical Farming Market by Mechanism, 2022-2032, $ mn 86
Table 25. France Vertical Farming Market by Component, 2022-2032, $ mn 86
Table 26. France Vertical Farming Market by Structure, 2022-2032, $ mn 86
Table 27. Spain Vertical Farming Market by Mechanism, 2022-2032, $ mn 88
Table 28. Spain Vertical Farming Market by Component, 2022-2032, $ mn 88
Table 29. Spain Vertical Farming Market by Structure, 2022-2032, $ mn 88
Table 30. Italy Vertical Farming Market by Mechanism, 2022-2032, $ mn 90
Table 31. Italy Vertical Farming Market by Component, 2022-2032, $ mn 90
Table 32. Italy Vertical Farming Market by Structure, 2022-2032, $ mn 90
Table 33. Netherlands Vertical Farming Market by Mechanism, 2022-2032, $ mn 92
Table 34. Netherlands Vertical Farming Market by Component, 2022-2032, $ mn 92
Table 35. Netherlands Vertical Farming Market by Structure, 2022-2032, $ mn 92
Table 36. Vertical Farming Market in Rest of Europe by Country, 2022-2032, $ mn 94
Table 37. 4D Bios, Inc.: Company Snapshot 99
Table 38. 4D Bios, Inc.: Business Segmentation 100
Table 39. 4D Bios, Inc.: Product Portfolio 100
