Vertical Farming Market
Forecast From 2019 to 2024
As per the latest reports by Knowledge Sourcing Intelligence, The vertical farming market is
projected to witness a CAGR of 19.85% during the forecast period to reach a total
market size of US$10.563 billion by 2025, increasing from US$3.564 billion in 2019.
Vertical farming is the urban agricultural practice of growing food crops in vertical stacked
layers, vertically inclined surfaces, or integrated in other structures. Growing demand for
pesticide-free food products owing to the rising health concerns and increasing population is
facilitating investment in the research and development of modern agriculture methods. Vertical
farming is practised in a closed environment, which makes it easier to monitor pests and
diseases. Mounting demand for food to feed the public will boost the demand for vertical
farming as it is feasible to produce fruits and vegetables around the year by providing the plant
with suitable temperature, nutrition, and light among other factors.
Key Questions Answered By The Report
What will be Vertical Farming Market from 2019 to 2024?
How are the major drivers and restraints affecting the Vertical Farming Market?
growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participant’s
Key strategies being adopted by vendors, with in-depth analysis along with their impact
on competition and market growth
Segments Covered Under Vertical Farming Market are :
Middle East and Africa