Vertical Farming Market Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2026
Category: #technology  By Ronak Bora  Date: 2020-01-17
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Vertical Farming Market Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2026

Vertical farming market trends vouch for Europe to lead from the front as private entities are intrigued to invest in the region in the wake of favorable government steps. For instance, a UK-based e-grocer Ocado has raked in more than US$ 20 mn in indoor vertical farming. This investment is anticipated to help Europe keep up with the ever-increasing food demand and help curb climate change.

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With proliferation in investment and rise in interest in vertical farming, stakeholders are buoyed by the fact that the robust farming offers increased potential to help agriculture achieve sustainability in the economic, environmental and societal landscapes. Further, investments in green infrastructure allude greenhouse gas emissions linked with conventional field agriculture can be reduced. Farmers minimize their geographic footprint to produce more on less land. Vertical farming market to blossom into a leading global industry by doing away with hostile weather condition and saving water.

Robust indoor urban farming through the establishment of high-rise farms will encourage players in vertical farming market amid burgeoning human population. According to a new report by the United Nation, earth’s population is expected to reach 9.7 bn by the middle of this century—world population will swell by another 2 bn. Moreover, arable lands are succumbing to proliferating urbanization and industrial development. Scientists have rung the alarm bell stating the planet has lost third of its arable lands in the past 4 decades.

With increased urbanization, soaring population, depleted soil, climate change, producing enough food to sustain the world has become more of a challenge. New technological developments witnessed in vertical farming is striving to offer pragmatic solution amidst burgeoning urbanization.

Vertical farming has a lot to offer and appears like the farm of the future. Even though there are few stumbling blocks, it provides robust plans to handle future demand for food.

The most widely discussed upsides of vertical farming has been the technique of helping plant grow without soil. Outdoor vertical farming, for instance, provides year-round production of high value crops with the aid of hydroponic technique that enables plants to receive an optimum supply of nutrients and oxygen. As things pan out, outdoor vertical farming is anticipated to exhibit notable development in the years to come.

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Vertical farming can be built at anytime and anywhere. Technologies such as aeroponics will be redefining vertical farming market outlook in the ensuing period. Aeroponics is second to none when it comes to offering superior quality products using right amount of water and soil. Defying the seasons, aeroponics will help grow range of produce all year around. Considered as the most sustainable farming technology, aeroponics is worth keeping an eye on.

Some Points From Table Of Content: -

Chapter 5. Vertical Farming Market, By Technology

5.1.  Global vertical farming industry technology insights

5.2.  Hydroponics

5.2.1. Market estimates and forecast, 2016 - 2026

5.2.2. Market estimates and forecast, by region, 2016 - 2026

5.3.  Aeroponics

5.3.1. Market estimates and forecast, 2016 - 2026

5.3.2. Market estimates and forecast, by region, 2016 - 2026

5.4.  Aquaponics

5.4.1. Market estimates and forecast, 2016 - 2026

5.4.2. Market estimates and forecast, by region, 2016 - 2026

Chapter 6. Vertical Farming Market, By Application

6.1.  Global vertical farming industry application insights

6.2.  Indoor

6.2.1. Market estimates and forecast, 2016 - 2026

6.2.2. Market estimates and forecast, by region, 2016 - 2026

6.3.  Outdoor

6.3.1. Market estimates and forecast, 2016 - 2026

6.3.2. Market estimates and forecast, by region, 2016 - 2026

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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