Vertical Farming Market Industry Size, Business Strategies, Market Drives, Revenue, Challenges and Global Forecast 2024
Market Research Future published a research report on “Vertical Farming Market Research Report - Global Forecast till 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024. Market overview The global vertical farming market is anticipated to make a significant USD 6.5 billion by 2024. Moreover, this figure is expected to be achieved at a CAGR of approximately 20% during the forecast period of 2019–2024. The major factor that is said to be influencing the growth of the market is said to be the growing demand for quality and greater volumes of food. This apart lowered environmental impact is also touted as one of the prime factors. The prospect and scope for the global vertical farming market are said to be promising and are associated with its ability to address a lack of cultivable land area issues. Moreover, it encourages the cultivation of food in mass range within confined space. Through the process, it is capable of overcoming the key challenge of meeti...