vertical farming industry size was valued at $3.24 billion in 2020, and is projected to reach $24.11 billion by 2030, registering a CAGR of 22.9%. Asia-Pacific is expected to be the leading contributor in the global vertical farming market forecast period, followed by North America and Europe. Global Leaders: The key players profiled in the …
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Global Vertical Farming Market to Reach $12.77 Billion by 2026 at 24.6% CAGR
According to the report published by Allied Market Research, the global vertical farming market accounted for $12.77 billion in $2.23 billion in 2018 and is expected to garner $12.77 billion by 2026, growing at a CAGR of 24.6% from 2019 to 2026. Increased utilization of vertical space & balanced energy utilization, ease provided for crop monitoring and harvesting, and limited availability …
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