Vertical Farming APAC Market to 2026 - Industry Analysis and Forecast
ResearchAndMarkets.com s offering. The Asia Pacific Vertical Farming Produce Market is expected to witness market growth of 24% CAGR during the forecast period (2020-2026).
The demand for vertical farming industry is likely to surge rapidly during the foreseeable period, there is an increasing demand for organic food. Moreover, these farms composed of vertically stacked structure that reduces the need for additional land and construction activity. Furthermore, it also minimizes the intervention of machines that are required during conventional farming. Consequently, the vertical space is optimally utilized and there is a balance in energy use and these factors are contributing toward the growth of the vertical farming market. In addition to it, these facilities also involve various technologies that are helpful in growing plants artificially. The technologies used in this farming allow keeping track of plant