Asia Pacific to dominate the Vertical Farming Market
According to the new market research report by IndustryARC, titled “Vertical Farming Market By Type (Mixed-use, Despommier skyscrapers, others) By Application (Agricultural, Aquaculture and Others), By Technologies (Hydroponics, Aeroponics, Others), By Components (Pumps, LEDs, Others) & By Geography – Forecast(2018 – 2023)”, the market is driven by improvement in the irrigation techniques and development of synthetic nitrogen fertilizers.
The Asia Pacific to dominate the Vertical Farming Market
The Asia Pacific will dominate the vertical farming market due to the increasing awareness about the importance of alternative farming, less availability of agricultural land and increasing population. Europe will have a significant growth due to the expansion of the genetically modified crop technology. The growing adoption of nanotechnology and robotics for farming enhances the demand for vertical farming in the region. The growth of urban population along with the commercialization of indoor farming will drive the market demand in Africa.
Selected Regulatory Analysis done in the full Report:
The indoor vertical farm is the biggest segment in the Vertical Farming Market. The indoor farms consist of growing fruits, vegetables, and fishes in warehouses, parking lots, controlled environments and shipping. The shipping container based farming is popular in the US and China, as these farms provide higher incomes apart from the seasonal changes that affect the quality of the outdoor crop. The controlled environment agriculture is also becoming popular. This factor will drive the demand for indoor vertical farming.
Selected Driving Factors Mentioned in the Full Report:
• The growing popularity of organic foods will drive the growth of vertical farming systems in the coming years.
• The growing depletion of groundwater and changing climatic conditions compel the farmers to adopt alternative farming methods. This factor is crucial for the growth of vertical agriculture system during the forecast period.
• The commercialization of indoor farming will also propel the demand for vertical farming in the future.
Request for table of contents of the full report by providing your details in the below link:
https://industryarc.com/Report/15034/vertical-farming-market.html?
Key Players of the Vertical Farming Market
The key players of the Vertical Farming Market include AeroFarm LLC, Mirai Co. Ltd., SkyGreen Co.Ltd, and FarmedHere LLC. AeroFarm LLC provides agricultural research, farm and development and other food services. Mirai Co. Ltd provides contract services for plant factories and conventional hydroponic cultivation devices. It even produces hydroponic crops. FarmedHere LLC provides salad greens, fresh basils and mints and sweet basil vinaigrettes.
The Asia Pacific to dominate the Vertical Farming Market
The Asia Pacific will dominate the vertical farming market due to the increasing awareness about the importance of alternative farming, less availability of agricultural land and increasing population. Europe will have a significant growth due to the expansion of the genetically modified crop technology. The growing adoption of nanotechnology and robotics for farming enhances the demand for vertical farming in the region. The growth of urban population along with the commercialization of indoor farming will drive the market demand in Africa.
Selected Regulatory Analysis done in the full Report:
The indoor vertical farm is the biggest segment in the Vertical Farming Market. The indoor farms consist of growing fruits, vegetables, and fishes in warehouses, parking lots, controlled environments and shipping. The shipping container based farming is popular in the US and China, as these farms provide higher incomes apart from the seasonal changes that affect the quality of the outdoor crop. The controlled environment agriculture is also becoming popular. This factor will drive the demand for indoor vertical farming.
Selected Driving Factors Mentioned in the Full Report:
• The growing popularity of organic foods will drive the growth of vertical farming systems in the coming years.
• The growing depletion of groundwater and changing climatic conditions compel the farmers to adopt alternative farming methods. This factor is crucial for the growth of vertical agriculture system during the forecast period.
• The commercialization of indoor farming will also propel the demand for vertical farming in the future.
Request for table of contents of the full report by providing your details in the below link:
https://industryarc.com/Report/15034/vertical-farming-market.html?
Key Players of the Vertical Farming Market
The key players of the Vertical Farming Market include AeroFarm LLC, Mirai Co. Ltd., SkyGreen Co.Ltd, and FarmedHere LLC. AeroFarm LLC provides agricultural research, farm and development and other food services. Mirai Co. Ltd provides contract services for plant factories and conventional hydroponic cultivation devices. It even produces hydroponic crops. FarmedHere LLC provides salad greens, fresh basils and mints and sweet basil vinaigrettes.
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