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Vertical Farming Market Strategy and Growth Factor Report 2020-2026


With the exponential growth of the global population, the subsequent increase in global food demand, the decrease in agricultural land, and the depletion of limited natural resources, the need to improve agricultural yield has become critical. The upsurge in the urban population in developing countries, with improved quality of living due to high-income levels and the demand for fresh farm produce and animal protein, is bolstering the demand for crop production. The finite presence of natural resources, such as arable land and fresh water, along with falling farm yield trends in many crop categories, have encouraged crop producers and agricultural companies to introduce innovative and advanced agriculture alternatives to boost farm profitability.

Read Report Overview: https://bisresearch.com/industry-report/vertical-farming-market.html

Concerning the growing world population and the rising food sufficiency demand, the limited land resources won’t be sufficient to feed the rising population. Such a situation has led to a stronger emphasis on choosing sustainable farming operations, be it precision agriculture, precision irrigation, or vertical farming techniques. Vertical farming is a farming technique wherein food products are grown in vertically stacked layers, often in urban areas, and minimum wastage of natural resources is ensured by using artificial lighting and different techniques of farming (hydroponics, aeroponics, aquaponics).

The global vertical farming market is anticipated to progress to a great extent since its initiation as a basic system to being an ideal solution for sustainable agriculture. Vertical farming is used to produce various vegetables and fruits on vertically inclined surfaces. Unlike conventional farming of vegetables and other fruits on a single level, such as in a field or a greenhouse, the vertical farming method produces foods in vertically stacked layers generally incorporated into structures such as a shipping container, repurposed warehouse, and skyscraper. Vertical farming involves the integration of numerous technologies such as big data analytics, robotics, artificial intelligence (AI), and the internet of things (IoT) so that crops can be produced perfectly without any agronomic constraint.

Vertical farming offers various opportunities, such as demand from countries with less arable land and unfavorable climate and integration of technology with vertical farming. Further, challenges hindering the growth of the global vertical farming market include the need for constant monitoring, high operational and maintenance cost, and not being suitable for all types of crops.


Conventional farming is likely to be surpassed by vertical farming over the forecast period. This is owing to the benefits offered by vertical farming, such as no dependency on climatic conditions, limited use of water and chemicals or pesticides, and reliable year-round crop production. Such a shift in the agriculture sector is likely to offer precision in farm operations. Due to COVID-19, the growth in the global vertical farming market would be slow by the end of 2021. It is expected that the market is likely to increase exponentially from 2022, owing to the increase in the demand for agricultural products. Due to COVID-19, the growth in the global vertical farming market would be slow by the end of 2021. It is expected that the market is likely to increase exponentially from 2022, owing to the increase in the demand for agricultural products.

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