Vertical Farming Produce Market in Asia Pacific Market would register a CAGR of 24% during 2020-2026

Published Date: 3-Dec-2020

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According to a new report Asia Pacific Vertical Farming Produce Market, published by KBV research, the Asia Pacific Vertical Farming Produce Market would witness market growth of 24% CAGR during the forecast period (2020-2026).

The China market dominated the Asia Pacific Cucumber Vertical Farming Produce Market by Country 2019, and would continue to be a dominant market till 2026. The Japan market is experiencing a CAGR of 24.5% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 25.9% during (2020 - 2026).

The Building-based market dominated the South Korea Vertical Farming Produce Market by Structure 2019, growing at a CAGR of 24.2 % during the forecast period. The Shipping Container market is expected to witness a CAGR of 27.6% during (2020 - 2026).

The Hydroponics market dominated the Malaysia Vertical Farming Produce Market by Growing Mechanism 2019, thereby, achieving a market value of $41.2 million by 2026. The Aquaponics market is exhibiting a CAGR of 29.1% during (2020 - 2026). Additionally, The Aeroponics market is showcasing a CAGR of 29.4% during (2020 - 2026).

Structural Insights:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Toro Company, Valmont Industries, Inc., Lindsay Corporation, Orbia Advance Corporation (Netafilm Ltd.), Hunter Industries, Inc., Rain Bird Corporation, Jain Irrigation Systems Limited, Rubicon Water, Galcon Ltd., and Telsco Industries, Inc. (Weathermatic).

Asia Pacific Vertical Farming Produce Market Segmentation

By Structure

  • Building-based
  • Shipping Container

By Growing Mechanism

  • Hydroponics
  • Aquaponics
  • Aeroponics

By Crop

  • Tomato
  • Leafy Greens (excluding lettuce)
  • Bell & Chili Peppers
  • Cucumber
  • Strawberry
  • Lettuce & Herbs
  • Others

By Country

  • China Vertical Farming Produce Market
  • Japan Vertical Farming Produce Market
  • India Vertical Farming Produce Market
  • South Korea Vertical Farming Produce Market
  • Singapore Vertical Farming Produce Market
  • Malaysia Vertical Farming Produce Market
  • Rest of Asia Pacific Vertical Farming Produce Market

Companies Profiled

  • The Toro Company
  • Valmont Industries, Inc.
  • Lindsay Corporation
  • Orbia Advance Corporation (Netafilm Ltd.)
  • Hunter Industries, Inc.
  • Rain Bird Corporation
  • Jain Irrigation Systems Limited
  • Rubicon Water
  • Galcon Ltd.
  • Telsco Industries, Inc. (Weathermatic)

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