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 IoT (internet of things) devices within the farm.
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
- AeroFarms
- CropOne
- Plantlab
- Gotham Greens
- Infarm
- Agricool
Artificial intelligence (AI) is playing a pivotal role in addressing some of the most pressing challenges faced by the agricultural industry, such as climate change and resource scarcity. From optimizing crop growth to predicting which crops will yield the best results, AI is transforming farming practices. In recent years, farmers, particularly those on flat farms, have adopted advanced tools to enhance efficiency and productivity. Robots and drones, powered by AI, are now being used to monitor plant growth and adjust environmental conditions in real-time, ensuring higher efficiency and economic output. As a result, the integration of AI and the Internet of Things (IoT) has become a key driver in the growth of the vertical farming crops market.
The COVID-19 pandemic posed significant challenges for European farmers, disrupting labor availability and complicating global supply chains. However, it also created opportunities for indoor farming proponents. The crisis spurred increased interest in vertical farming, where crops are grown in controlled environments using LED lighting and automated systems for watering and feeding. This method allows for year-round cultivation with minimal labor, making it an attractive solution during the pandemic. Additionally, the outbreak heightened consumer focus on healthy lifestyles and sustainable, plant-based diets, further boosting the vertical farming crops market.
Vendors in the vertical farming sector can capitalize on these trends by introducing innovative features and technologies to attract new customers and expand their presence in emerging markets. This is expected to drive significant growth in the Europe vertical farming crops market, with a strong compound annual growth rate (CAGR) projected for the forecast period.
Strategic Insights for Europe Vertical Farming Crops
Strategic insights for the Europe vertical farming crops market provide a data-driven analysis of the industry landscape, including current trends, key players, and regional dynamics. These insights offer actionable recommendations, enabling businesses to differentiate themselves by identifying untapped market segments or developing unique value propositions. By leveraging data analytics, industry players—whether investors, manufacturers, or other stakeholders—can anticipate market shifts and position themselves for long-term success. A forward-looking perspective is essential in this rapidly evolving sector, helping stakeholders stay ahead of the curve and achieve their business objectives. Ultimately, these insights empower decision-makers to drive profitability and growth in the Europe vertical farming crops market.
Regional Insights for Europe Vertical Farming Crops
The geographic scope of the Europe vertical farming crops market encompasses the specific regions where businesses operate and compete. Understanding local nuances, such as consumer preferences (e.g., demand for specific crop types or sustainable practices), economic conditions, and regulatory frameworks, is critical for tailoring strategies to meet the needs of individual markets. By identifying underserved areas or adapting offerings to align with local demands, businesses can expand their reach and strengthen their market position. A focused regional approach enables more efficient resource allocation, targeted marketing efforts, and improved competitiveness against local players, ultimately driving growth in the Europe vertical farming crops market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights