Vertical Farming Market | Seite 3

Key Segments 1 The global vertical farming market was valued at USD 1,533.4 million in 2016, and is projected to reach USD 5,799.2 million by 2022, at a CAGR of 24.82% from 2016 to 2022. 2 The major factors driving the global vertical farming market are high quality of food with low environmental impact and no use of pesticides, no crop failures related to weather, methods conducive to environment, increasing urban population, and growth in year-round production of crops. 3 Browse 80 market data tables and 76 figures spread through 173 pages and in-depth TOC on “Vertical Farming Market” 5 4 Hydroponics growth mechanism is expected to dominate the vertical f arming market between 2016 and 2022. Building based vertical farming market to grow at the highest rate duri ng the forecast period. Asia-Pacific (APAC) is estimated to hold the largest share of the vertical farming market by 2022.