Global Vertical Farming Market To Be Driven By The Rising Demand For Organic Food (2021-2026)
VERTICAL FARMING MARKET Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com
By: Expert Market Research
The key highlights of the report include:
Market Overview (2016-2026)
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Increased demand for high-quality and large food quantities, reduced environmental impacts and lack of availability of cultivable land are key factors driving the market growth. Vertical farming enables the production of food in large quantities in a small land area, thereby addressing the crucial challenge of catering to the increasing global demand for food.
Industry Definition and Major Segments
Vertical farming is effective in maintaining consistency in crop production and preserving reliability even under adverse climatic conditions. It offers several benefits over conventional farming techniques, including less water use, less need for agrochemicals, and low reliance on agricultural labour. Vertical farming uses metal reflectors and artificial lighting to enhance natural sunlight.
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Growth mechanism can be categorised into the following:
The structure of the market can be segmented as follows:
The components can be segmented into the following:
The crop type includes the following:
The application sectors can be divided into the following:
The major players in the market are AeroFarms LLC, Green Sense Farms Holdings, Inc., 4D Bios, Inc., Plenty Unlimited Inc., Gotham Greens Holdings, LLC, and Crop One, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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