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According to a new report Latin America, Middle East and Africa Vertical Farming Market, published by KBV research, the LAMEA Vertical Farming Market Size would witness market growth of 23% CAGR during the forecast period (2017-2023).
The Brazil market holds the largest market share in LAMEA Vertical Farming in Lighting Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 21.1 % during the forecast period.
The Argentina market is expected to witness a CAGR of 24.7% during (2017-2023) in LAMEA Vertical Farming in Building Material Market. Additionally, The UAE market is expected to witness a CAGR of 22.9% during (2017-2023) in LAMEA Vertical Farming in Irrigation Component Market.
The Hydroponics market holds the largest market share in Nigeria Vertical Farming Market by Growth Mechanism in 2016, and would continue to be a dominant market till 2023. The Aeroponics market would garner market size of $7.0 million by 2023. Additionally, The Aquaponics market is expected to witness a CAGR of 26.1% during (2017-2023).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Latin America, Middle East and Africa Vertical Farming Market have been discussed in the report with the elaborated company profiles of AeroFarms, Urban Crops Solutions, Illumitex, Inc., Koninklijke Philips N.V., Sky Green Ltd., Everlight Electronics Co., Ltd., American Hydroponics, Hort Americas, Agrilution, and Green Sense Farms, LLC.
By Growth Mechanism