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Vertical Farming Market to Reach $ 6.4 billion by 2023
According to P & S Market Research , the global vertical farming market is expected to reach $ 6.4 billion by 2023 . This represents a CAGR of 24.2 per cent . The press release states that this growth will occur “ on account of increasing awareness levels among consumers and rising disposable income , leading to the consumption of high-value crops .” Adoption of organic foods , rising urban population , and a growing focus towards efficient production of fresh fruits and vegetables among consumers in developing countries are also expected to boost the growth of the vertical farming market during the forecast period . North America is projected to remain the largest vertical farming market , and the market for spinach is likely to register the highest growth .
— globenewswire . com
New Bronx Housing Will Encourage Residents to Try Urban Farming
The upcoming Bedford Green House in the Bronx will encourage its 160-plus residents to try their hands at urban gardening with the inclusion of a rooftop aquaponics greenhouse . The affordable housing development was spearheaded by Project Renewal . “ Throughout our 50-year history , Project Renewal has provided innovative programs to help New Yorkers in need ,” says president and CEO Mitchell Netburn . “ We will continue to do that at Bedford Green House with comprehensive services and cutting-edge features like aquaponics to ensure that residents can lead healthy , stable lives .” Residents will work with Project Renewal ’ s horticultural therapist to grow their own food in the vertically stacked system , and chefs from the organization ’ s culinary arts training program will teach them healthy cooking classes in the rooftop greenhouse ’ s demo kitchen . The building is expected to open by the end of 2019 .
— metro . us
Moving Crops Could Feed Millions More People
A recent study published in Nature Geoscience states that changing the locations where food is grown could help meet growing demand for food and biofuels as well as reduce water stress in agricultural areas . The results show that “ there are a lot of places where there are inefficiencies in water use and nutrient production ,” says lead author Kyle Davis , a postdoctoral researcher with Columbia University ’ s Earth Institute . Those inefficiencies could be fixed by swapping in crops that have greater nutritional quality and lower environmental impact . The specific changes , however , would have to vary widely by country and water-use type due to differences in local climate , soil characteristics , and crop yields . In their study , the team proposed such changes would produce 10 per cent more calories and 19 per cent more protein — enough to feed an additional 825 million people — while reducing consumption of rainwater by 14 per cent and irrigation water by 12 per cent .
— sciencedaily . com
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