Vertical farming is a method of farming that involves vertical stacking farms. These farms are being used in a skyscraper, and for factory or shipping container. It also allows 10 times more capacity for a given land area by keeping plants vertically on shelves or tall pillars. These farming type include plants which are closed-loop water recycling and LED lighting in place of sunlight, plants are grow. There is no need for pesticides, and plants can be cultivated in such sterile circumstances that there is no need to wash them before usage in the internal environment as it's bug free. A vertical farming process can keep the equivalent of 280 hectares (700 acres) of farmland like the size of a large supermarket. By using this adjusting the artificial day length and season, it can harvest crops through out the year.
Vertical farming process is identified as a very efficient and sustainable means of offering food. Nordic Harvest claims to use 250 times less water. The secret to great efficiency is automation in comparison to conventional farm. Crops are being monitored by establishing ideal growing conditions, vertical farms use a variety of technologies, such as robotics, software, and data science. Controlling the humidity, temperature, CO2, and light is part of this. Vertical farmingb reduces the vertical farm’s environmental impact by removing the need for pesticides. Additionally, since vertical farmibgs are not weather-dependent, they may grow fresh produce throughout the year.
There is a rising demand for genetically modified seeds with growing consumer preferences for organic and specialty products augmenting the growth for vertical farming market in the near future. Additionally, the vertical farming market is being driven by growing number of agreements between corporate companies and farmers for the supply and production of agricultural products. Organic products are being used to be safe as compare to conventional products as they are growing without pesticides and chemicals and are better for the environment.
Market Breakup By Growth mechanism
Market Breakup By Structure
Market Breakup By Type
Market Breakup By Crop type
Market Breakup By Application
Market Breakup By Component
The report has been prepared after analyzing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political factors of the country. The team have closely analyzed the data of revenue, production, and manufacturers of each region. These analyses will help the reader to identify the key regions as potential worth of investment in the coming years.
Market Breakup By Region
Middle East and Africa
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period
Major players operating in the vertical farming market are:
Deere & Company
Trimble Navigation Limited
Ag Leader Technology
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