Vertical Farming Market Expected to Grow at a CAGR of 8.4% - Exclusive Report by Mordor Intelligence
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Vertical farming is the practice of growing produce in vertically stacked layers. The practice can use soil, hydroponic or aeroponic growing methods. Vertical farms attempt to produce food in challenging environments, like where arable land is rare or unavailable. The method helps mountainside towns, deserts and cities grow different types of fruits and vegetables by using skyscraper-like designs. Vertical farming typically uses a mix of natural light and artificial light. As vertical farming uses little space, it is a popular and preferred method for roof-top and other urban forms of agriculture. This report analyzes the vertical farming market from the perspective of revenues earned by companies engaged in vertical farming systems.
Highlights of the Market: Rapid Pace of Development of Precision Farming Technologies
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North America – Largest Market for Vertical Farming
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Mordor Intelligence has segmented Vertical Farming Market on the basis of Growth Mechanism, Structure, Components, and Geography:
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