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Vertical Farming Market to Rise at 24.8% CAGR till 2026; Growing Demand for Efficient Crop Produce Will Contribute to Market Growth, says Fortune Business Insights™


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Pune, India, April 01, 2021 (GLOBE NEWSWIRE) The global
vertical farming market size is projected to reach USD 12.04 Billion by 2026. Increasing technological advancements have allowed improved efficacies as well as enhanced output. According to a report published by Fortune Business Insights, titled
Vertical Farming Market Size, Share & Industry Analysis, By Type (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building-Based, Shipping-Container), By Component (Lighting System, Irrigation and Fertigation System, Climate Control, Sensors, and Others) and Regional Forecast, 2019-2026, the market was worth USD 2.13 billion and will exhibit a CAGR of 24.8% during the forecast period, 2019-2026.
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Vertical farming is a type of indoor as well as outdoor farming that is used to produce food and medicinal plants. These farms are set up with the aim of growing food in a challenging environments. The primary aim of ....

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