The global vertical agriculture market size is valued at $2.23 billion in 2018 and is expected to reach $127.7 billion in 2026 and is expected to grow at an annual average of 24% from 2019 to 2025. Vertical farming is an innovative approach used to produce food and medicinal plants. Vertically stacked layers such as skyscrapers, used warehouses, or shipping containers. It promotes nutritious and quality fresh food in large quantities, without resorting to favorable weather, high water use, skilled labor and high soil fertility. It also ensures stable yields and consistency in crop production throughout the year, along with climate control, and is not affected by external environmental factors such as diseases, pests or predator attacks.
A full report of Vertical Farming Market is available at: https://www.orionmarketreports.com/vertical-farming-size-market/32354/
Vertical Farming Market Segments:
By Structure
• Building-based Vertical Farms
• Container-based Vertical Farms
By Component
• Irrigation Component
• Lighting
• Sensor
• Climate Control
• Building Material
• Glass Greenhouse
• Plastic Greenhouse
• Others
By Growth Mechanism
• Hydroponics
• Aeroponics
• Aquaponics
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