Vertical farming is booming, and there are multiple market entrants every year. To provide you with an overview of these, here are four businesses that have great potential moving forward.
1. Spread: This Japanese producer was one of the first companies to start exploring Vertical Farming. From 2006 onwards, they have been cultivating leafy greens and have been exploring with producing strawberries. Being one of the largest vertical farming companies in Asia, this gives them a unique advantage to expand internationally.
2. AeroFarms: America currently leads the way in Vertical Farming. AeroFarms has a large share in this success, and their drive for innovation will most likely keep it that way. After attracting several large investments the past years, this company is scaling up their activities both in the US and abroad.
3. InFarm: Europe is a close second when it comes to Vertical Farming. InFarm started off in Germany, but has expanded activities to several other countries, including the US where they are set to build a 3rd US vertical farm.
4. IGS Horticulture: IGS is not your typical vertical farming company. They provide technology for vertical farms, as well as lighting solutions and entire growth towers. The Scotland based company invests heavily in providing a total Controlled Environment Agriculture service through the use of intelligent technologies.