Vertical Farming, Plant Factory Market Research, Growth,
Forecast & Trend to 2014 to 2020: Radiant Insights, Inc
Plant factory market was valued at USD 403 million in 2013 and is expected at USD 1.97 billion over ate
forecast period. A blocked surrounding where plants are grown beneath artificial lights on shelves loaded
up one on other is Vertical farming, plant factory (PF). Plant growth is controlled artificially to meet its
requirement and eliminate harmful substances like poor weather conditions and pesticides.
Plant factory is totally science based controlling spectrums which are best for the plant growth. This
produces plants with constant cost, quantity, quality, harvesting time, and selling price as well. The
absolute need of computerised process motivated by microprocessors, Semiconductor Company, and
especially by the requirement of uncontaminated food.
Global market is balanced to attain considerable expansion as the supply of food commences to adopt
computerized progression. Grow lights are less expensive and more sophisticated to operate as wind &
solar energy. Hence these are approved by plant factories and greenhouses.
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Increased crop-yield is achieved by the plant factory. Machines are organized by the robot technology to
improve the yield of the crop and control weed. Robots eliminate the herbicides producing safer crop by
maintaining strict hygiene and safety policies. They control quality, variety, and freshness of food
working non-stop 24/7 unlike human being.
Plant factories growing vegetables and fruits on shelves have improved the delivery of food with
consistent quality and implemented competence in controlling production of food. Strawberries are type
of a high return crop cultivated through this process round the year. Organic vegetables are produced in
the food factories representing a step further in the process of automation providing food store help
instantly.
Farming does not depend on the climatic conditions anymore and organic vegetables are produces round
the clock. The land area for farming is reducing day by day; this is the evolution of new type of farming.
Local demand for food regularly is taken care by growing in warehouse. Food can be grown in the
restricted area in houses as well producing efficient quality of fresh food consistently.
The environment is controlled by light from LED, air, and culture solutions creating conditions optimum
for the plants to grow. The quantity of temperature, carbon dioxide, light, and humidity concentration
level is optimized unaffected by the vegetables growth rate and the weather. This helps growth two to
four times sooner than grown in fields, and produce is raised by ten to twenty times.
Plant Factories Market Driving Forces