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Vertical Farming Market to Rise at 24.8% CAGR Till 2026; Growing Demand for Efficient Crop Produce Will Contribute to Market Growth, Says Fortune Business Insights™ – PRNewswire

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PUNE, India, Jan. 20, 2020 /PRNewswire/ — The global vertical farming market size is projected to reach USD 12.04 Billion by 2026. Increasing technological advancements have allowed improved efficacies as well as enhanced output. According to a report published by Fortune Business Insights, titled “Vertical Farming Market Size, Share & Industry Analysis, By Type (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building-Based, Shipping-Container), By Component (Lighting System, Irrigation and Fertigation System, Climate Control, Sensors, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 2.13 billion in 2018 and will exhibit a CAGR of 24.8% during the forecast period, 2019-2026.

Vertical farming is a type of indoor as…



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