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DUBLIN , Dec. 15, 2021 /PRNewswire/ -- The "Vertical Farming: Global Markets to 2026" report has been added to ResearchAndMarkets.com's offering.

The global market for vertical farming is estimated to grow from $3.7 billion in 2021 to $10.5 billion by 2026, at a compound annual growth rate (CAGR) of 23.4% during the forecast period of 2021-2026.

The report provides an overview of the global market for vertical farming and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026. Revenue forecasts for this period are segmented based on technique, component, structure, and region.

To be successful vertical farming requires a granular level of control and management of growing conditions, such as managing the customized lighting essential for photosynthesis for different crops, and managing and controlling ventilation, humidity, nutrient level, and water level.

COVID-19 has boosted the market for vertical farming in both developed and developing countries. The technology is being implemented inside old and unused buildings as well as in repurposed shipping containers to ensure fast delivery of healthy food to the market.

The increased adoption of IoT and other technologies ensures precision at every level of vertical farming, as these technologies help control all aspects of an operation and as well detect the failure of equipment so timely action can be taken.

Moreover, governments across the globe are aiming to achieve Agriculture 4.0 by advancing agricultural technology and food security.

The report also focuses on the major driving trends and challenges that affect the market and the vendor landscape. The report explains the current trends in the vertical farming market. The report concludes with detailed profiles of the major players in the global vertical farming market.

Profile descriptions of the major industry players, including AeroFarms, AmHydro, Bowery Farming, Intelligent Growth Solutions (IGS Ltd.), Plenty Unlimited Inc., and Signify Holding

Chapter 3 Market and Technology Background

Chapter 4 Market Breakdown by Technique

Chapter 5 Market Breakdown by Structure

Chapter 6 Market Breakdown by Component

Chapter 7 Market Breakdown by Region

For more information about this report visit https://www.researchandmarkets.com/r/dscm0h

Research and Markets Laura Wood , Senior Manager [email protected]    For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716

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