/PRNewswire/ The "Commercial Greenhouse Market by Type (Glass, Plastic), Product Type (Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops), Equipment.
/PRNewswire/ The "Commercial Greenhouse Market by Type (Glass, Plastic), Product Type (Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops), Equipment.
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The global indoor farming technology market is estimated at USD 14.5 billion in 2020 and is projected to grow at a CAGR of 9.4%, to reach USD 24.8 billion by 2026.
Indoor farming is followed to bolster local food supplies and provide nutritious, fresh produce to consumers. This method of farming controls plant-fertilizing nutrients, so the food that is grown using this technique is highly nutritious.
In indoor farming, a wide variety of crops such as leafy vegetables, herbs, vegetables, fruits, microgreens, and flowers can be grown. Indoor vertical farming systems provide organic food that is not contaminated with agrochemicals. These form the major driving forces for the indoor vertical farming along with the increasing consumer demand for pesticide- and herbicide-free food.