Vegetables benefit human health due to their high concentrations of vitamins, minerals, photochemical substances, and dietary fiber. Antioxidant vitamins (vitamins A, C, and E) and dietary fiber levels, in particular, play vital roles in human health. Vertical farming is a good fit for corn, okra, Brussels sprouts, and sunflowers. They spontaneously grow vertically and do not require any assistance. Indeed, these tall plants can operate as a support system for lightweight vines. Greens like lettuce, kale, and basil may also be grown vertically. Vertical farming is defined as the cultivation and production of crops and plants in vertically stacked layers or vertically inclined surfaces. The plants are vertically piled in a tower-like form in the physical arrangement. This reduces the amount of space needed to cultivate plants.
Vertical farming is a modern way of growing crops using building-based structures and shipping container-based structures. Brazil has a rich history in terms of agriculture and also adopting vertical farming, a new way of agriculture. Brazil is developing vertical farming with hydroponic, Aeroponics, and Aquaponics mechanism. Brazil is developing vertical farming with hydroponic, Aeroponic, and Aquaponics tools. Using components like LEDs, Climate control (HVAC), sensors, and other hydroponics components. This is all going to help to build up the finest commercial farm market in Brazil.
According to the Actual Market Research’s (AMR) report titled “Brazil Vertical Farming Market Overview, 2027,” the vertical farming market of Brazil is expected to grow with around a CAGR of 17% from the year 2022 to 2027. Brazil dominates the Latin America vertical farming market. Agriculture has long been one of the country's critical economic cornerstones. After initially focusing on sugarcane, Brazil became the world's leading coffee, soybeans, cattle, and crop-based ethanol exporter. Brazil is vital for global environmental sustainability as well as food security. It is among the top three global producers and exporters of broiler chicken, ethanol, soybeans, coffee, orange juice, sugar, coffee, and coffee beans. It is home to one of the world's largest biodiversity reserves and numerous ambitious farmers. Vegetable cultivation in Brazil was primarily low-tech until the early 2000s, when greenhouses gained popularity, especially during the wet summer months.
Since then, the business has expanded to incorporate drip irrigation. With the assistance of technology and a new market for vertical farming, Brazilian agriculture is transforming with the help of technology. It is widely used in developing vertical farming and shipping container-based structures in agriculture and industry. The market size of building-based vertical farming is enormous and rising, with a phenomenal growth of around 15% annually. Brazil is a big country in terms of area and has the ability the development of commercial farming. Brazil's hydroponics vertical farming sector is quickly expanding. Hydroponics is a method of growing plants without soil, either horizontally or vertically, in which water supplies mineral nutrients. Hydroponic systems that allow plants to grow vertically are referred to as vertical hydroponics. Brazil earns about USD 60 million from this hydroponics vertical gardening system. The components used in vertical farming include LEDs, climate control (HVAC), sensors, and other hydroponics components. The Commerce chamber, the growth chamber, serves as a container for plant roots. Select a reservoir for plant nutrition solution, a submersible pump, and an irrigation system. The key hydroponics components utilized for vertical farming include a delivery system, a simple timer, air pumps, and grow lights. The hydroponics components are the most critical factors for building the vertical farm in the Brazilian market. This component is rising in the Brazilian market with a CAGR of 18% yearly.
Covid-19 impact: When COVID-19 arrived in Brazil, a crisis scenario with economic, social, and political components became clear. This scenario aided in the growth of unemployment, poverty, and hunger. Aside from that, it revealed a number of vulnerabilities that had been deteriorating in the years preceding the epidemic. COVID-19 found a fruitful foundation for dissemination and community transmission in this environment in Brazil. The social and economic consequences of the pandemic's suspension of much business activity and other economic sectors were felt soon in Brazil. Some of the actions taken by the Brazilian government included the payment of emergency aid and exemption from paying energy bills for vulnerable individuals; the release of funds for programmers for the direct purchase of food from family farmers; the delivery of school food kits directly to students despite school closures; and the publication of sanitary rules for restaurant operations. However, these initiatives are insufficient, delayed, and poorly coordinated to halt the progression of Brazil's food and nutritional insecurity issues. The COVID-19 epidemic emphasizes the importance of the Brazilian government re-prioritizing the FNS agenda. This involves putting in place procedures to safeguard the human right to adequate food as well as extending current FNS programmers.
Considered in this report
• Geography: Brazil
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Brazil 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:
Based on structure type:
• Building based-vertical farming
• Shipping based-vertical farming
Based on hydroponics components:
• Climate Control (HVAC)
• 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.
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.
List of Figure
Figure 1: Brazil Dietary Supplements Market Size By Value 2016 to 2027F (In USD million)
Figure 2: Brazil Vertical Farming Market Share By Growth Mechanism Type (2016, 2021 & 2027F)
Figure 3: Brazil Vertical Farming Market Share By Structure Type (2016, 2021 & 2027F)
Figure 4: Brazil 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 Netherlands
List of Table
Table 1: Brazil Vertical Farming Market Size of Hydroponics (2016 to 2027F) (in USD Million)
Table 2: Brazil Vertical Farming Market Size of Aeroponics (2016 to 2027F) (in USD Million)
Table 3: Brazil Vertical Farming Market Size of Aquaponics (2016 to 2027F) (in USD Million)
Table 4: Brazil Vertical Farming Market Size of Building-based vertical farms (2016 to 2027F) (in USD Million)
Table 5: Brazil Vertical Farming Market Size of Shipping Container-based vertical farms (2016 to 2027F) (in USD Million)
Table 6: Brazil Vertical Farming Market Size of By Lighting (2016 to 2027F) (in USD Million)
Table 7: Brazil 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