Vertical Farming Market Worth $15.3 Billion by 2028
The Vertical Farming Market is expected to grow from USD 5.1 billion in 2023 to USD 15.3 billion by 2028; it is expected to grow at a CAGR of 24.7% during the forecast period according to a new report by MarketsandMarkets™. Multiple factors are propelling the expansion of the vertical farming market. These include the dwindling availability of agricultural land due to urbanization, deforestation, and climate change, creating a need for more efficient food production methods like vertical farming. Technological...
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