Vertical Farming Market (By Component: Hydroponic Components, Lighting, Sensors and Climate Control; By Structure: Shipping Container and Building-based; By Fruits, Vegetables & Herbs: Bell & Chili peppers, Strawberry, Tomato Lettuce, Cucumber, Herbs, Leafy Greens (excluding lettuce) and Others) - Global Market Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts 2021 - 2030
The global vertical farming market size is predicted to reach US$ 31.6 billion by 2030 from US$ 3.3 billion in 2020, with a CAGR of 25.2% from 2021 to 2030.
Vital factors accountable for market growth are:
Rising population levels across the globe
Stabilized crop production irrespective of climat