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Showing posts with the label Vertical Farming Market 2030

Vertical Farming: Why Growing Up Can Make a Difference

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  San Francisco, 6 June 2024:  The Report  Vertical Farming Market  Size, Share & Trends Analysis Report By Structure, By Component (Hardware, Software, Services), By Growing Mechanism (Aeroponics, Hydroponics), By Crop Category, And Segment Forecasts, 2024 - 2030 The vertical farming market is witnessing significant advancements, marked by the adoption of innovative technologies, including sensors and cameras, to increase yields and enhance resource efficiency. Vertical farming efficiently addresses the challenges of limited space and environmental constraints. It offers a reliable solution by ensuring stable crop production, even during unfavorable weather conditions. Compared to traditional farming methods, vertical farming provides numerous advantages, including reduced water usage, decreased reliance on agrochemicals, and decreased dependency on agricultural labor. As a result, vertical farming is emerging as a promising alternative to meet the growing needs of urban populatio

Vertical Farming Market Size Is Anticipated To Reach USD 33.02 Billion By 2030

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  San Francisco, 14 June 2022:  The Report  Vertical Farming Market  Size, Share & Trends Analysis Report By Structure (Shipping Container, Building-based), By Offering, By Growing Mechanism, By Fruits, Vegetables & Herbs, By Region, And Segment Forecasts, 2022 - 2030 The global vertical farming market size is expected to reach USD 33.02 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 25.5% from 2022 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market. Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic condi