South Africa Vertical Farming Market Overview, 2027
South Africa Vertical Farming Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.
"South Africa's market for vertical farming is a growing industry that provides creative answers to the nation's agricultural problems. Growing crops vertically in layers or towers while utilising regulated settings and cutting-edge technology is known as vertical farming. This strategy allows for year-round cultivation regardless of the weather outside, while also maximising land use and minimising water use.Leafy greens, herbs, microgreens, and specialised foods can all be grown through the use of vertical farming. Opportunities for vertical farmers to provide specialised markets and high-value products are presented by South Africa's diversified culinary tradition and rising demand for distinctive and nutritive crops. Market distinctiveness and higher profitability may result from this.Opportunities for job growth are presented by the expansion of the vertical farming industry in South Africa, particularly in fields like farm management, agricultural technology, and system maintenance. This can aid in solving the problem of unemployment, particularly among young people, and foster the growth of agricultural skills.The vertical farming industry in South Africa benefits from collaboration among various stakeholders, including farmers, researchers, technology providers, and government agencies. Knowledge sharing and collaboration facilitate the exchange of best practices, advancements in technology, and research findings, ultimately driving the growth and sustainability of the vertical farming market.
According to Bonafide Research’s report titled ""South Africa Vertical Farming Market Overview, 2027,"" the vertical farming market in South Africa is expected to grow rapidly over the forecast period. The United States is the leading country in the vertical farming market globally. Hydroponics is the most common growth mechanism adopted as it does not require soil and is secured against pests, insects and other plant diseases. On the other hand, over the future years, the aeroponics growth mechanism is projected to be used more as water is replaced by mist and does not require containers for growing. The plant is tied up to a support and the roots are sprayed with nutrient solutions. Also, aeroponics requires less space, less water, and no soil. It is the most sought-after method that is increasingly being adopted.
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Shipping container based vertical farming is projected to be rapidly increasing over the forecast period, especially in contrast to the declining farmlands and the time and cost of transporting the fresh produce to reach the final consumer. Shipping container vertical farming is decentralising the food eco-system. The farming takes place in containers and requires less water, which overcomes the draught prone land areas. Since the size uniformity is maintained in the container, it can be easily transported anywhere in the world. It is a versatile tool that can be placed anywhere; one above the other, rooftop, backyard, parking lot, or alleyway. This way of farming is agnostic to weather, and any crop can be grown at any time of the year and stay protected from the harsh external weather conditions. Additionally, the automation saves manual labour work and controls the plant's nutrition and hydration levels automatically. Container-based vertical farming is the most cost-effective alternative as compared to other indoor farming techniques like greenhouse farming or warehouse farming. It utilises every square inch of the container to produce crops and can host up to 13,000 plants at the same time.
Vertical farming is an advantageous form of farming as it holds a promising future for the growing populace. It requires 80% less water, which is also recycled and reused. It is free from any form of pesticide and has no dependency on the natural environment. Since it is located in urban areas in the interior, the fresh produce reaches the consumer quickly without any hassle. These are a better replacement for cold storage logistics. It saves on transportation fuel costs and reduces spoilage, which affects the final consumer price. Also, the seasonal crops can be grown all year round. However, like any other industry, vertical farming has its own drawbacks, like initial capital requirements being very high and the cost of erecting structures with automation. This again needs to be monitored constantly and demands technical know-how. Additionally, remote control systems, automated racking, programmable LED lighting and climate control systems are required in place to successfully carry out vertical farming. The major restraint is the non-availability of skilled manpower.
Nano-climate control technology is used to monitor the growth of plants as they push the boundaries of the climate. It is used to regulate and monitor the lighting, humidity, temperature, and nutrient levels to enhance the produce and reduce the costs. Almost 25% of energy costs can be controlled with the use of climate control facilities. It helps with targeted cooling for individual rows or plants, creating a nano-climate zone. Nanoclimate control comes to the rescue. It creates slurry piping for optimum growth of the individual plants, thereby decreasing overall costs of operation.
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Manmayi Raval
Research Consultant
Considered in this report
• Geography: South Africa
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• South Africa Vertical Farming Market with its value and forecast along with its segments
• Application wise vertical farming distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Based on Growth Mechanism:
• Hydroponics
• Aeroponics
• Aquaponics
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Based on structure type:
• Building based-vertical farming
• Shipping based-vertical farming
Based on hydroponics components:
• Lighting
• Climate Control (HVAC)
• Sensors
• Other Hydroponic Components
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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Table of Contents
Table of Contents
1. Executive Summary
2. Introduction
2.1. Market Definition
2.2. Market Scope & Segmentation
2.3. Research Methodology
3. South Africa Macro Economic Indicators
4. South Africa Vertical Farming Market Category Analysis
4.1. Key findings
4.2. Market Drivers
4.3. Market Restraints
4.4. Opportunities
4.5. Policies & Certification
4.6. Value Chain Analysis
4.7. Key Developments - 2021
5. South Africa Vertical Farming Market Trends
6. South Africa Vertical Farming Market Overview
6.1. Market Size By Value
6.2. Market Share
6.2.1. By Growth Mechanism
6.2.2. By Structure
6.2.3. By Component
7. South Africa Vertical Farming Market Segmentations
7.1. South Africa Vertical Farming Market, By Growth Mechanism
7.1.1. South Africa Vertical Farming Market Size, By Hydroponics, 2016 - 2027F
7.1.2. South Africa Vertical Farming Market Size, By Aeroponics, 2016 - 2027F
7.1.3. South Africa Vertical Farming Market Size, By Aquaponics, 2016 - 2027F
7.2. South Africa Vertical Farming Market, By Structure
7.2.1. South Africa Vertical Farming Market Size, By Building-based vertical farms, 2016 - 2027F
7.2.2. South Africa Vertical Farming Market Size, By Shipping Container-based vertical farms, 2016 - 2027F
7.3. South Africa Vertical Farming Market, By Component
7.3.1. South Africa Vertical Farming Market Size, By Lighting, 2016 - 2027F
7.3.2. South Africa Vertical Farming Market Size, By Climate Control (HVAC), 2016 - 2027F
7.3.3. South Africa Vertical Farming Market Size, By Sensors, 2016 - 2027F
7.3.4. South Africa Vertical Farming Market Size, By Other hydroponics components, 2016 - 2027F
8. South Africa Vertical Farming Market Opportunity Assessment
8.1. By Growth Mechanism, 2022F to 2027F
8.2. By Structure, 2022F to 2027F
8.3. By Component, 2022F to 2027F
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profiles
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
List of Table
Table 1: South Africa Vertical Farming Market Size of Hydroponics (2016 to 2027F) (in USD Million)
Table 2: South Africa Vertical Farming Market Size of Aeroponics (2016 to 2027F) (in USD Million)
Table 3: South Africa Vertical Farming Market Size of Aquaponics (2016 to 2027F) (in USD Million)
Table 4: South Africa Vertical Farming Market Size of Building-based vertical farms (2016 to 2027F) (in USD Million)
Table 5: South Africa Vertical Farming Market Size of Shipping Container-based vertical farms (2016 to 2027F) (in USD Million)
Table 6: South Africa Vertical Farming Market Size of By Lighting (2016 to 2027F) (in USD Million)
Table 7: South Africa Vertical Farming Market Size of Climate Control (HVAC) (2016 to 2027F) (in USD Million)
Table 8: Key Facts of Company 1
Table 9: Key Facts of Company 2
Table 10: Key Facts of Company 3
Table 11: Key Facts of Company 4
Table 12: Key Facts of Company 5
Table 13: Key Facts of Company 6
Table 14: Key Facts of Company 7
Table 15: Key Facts of Company 8
List of Figure
Figure 1: South Africa Vertical Farming Market Size By Value 2016 to 2027F (In USD million)
Figure 2: South Africa Vertical Farming Market Share By Growth Mechanism Type (2016, 2021 & 2027F)
Figure 3: South Africa Vertical Farming Market Share By Structure Type (2016, 2021 & 2027F)
Figure 4: South Africa Vertical Farming Market Share By Component (2016, 2021 & 2027F)
Figure 5: Market Attractiveness Index, By Growth Mechanism
Figure 6: Market Attractiveness Index, By Structure
Figure 7: Market Attractiveness Index, By Component
Figure-8: Porter's Five Forces Meter of Vertical Farming Industry in South Africa
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