Farming in urban areas has become quite difficult due to the rising population, limited space, a fast pace of living, etc. which are driving the new technologies for cultivating the agricultural produce. Vertical Farming is one of the modern and advanced technologies which helps in growing more food in smaller spaces, offering an opportunity for growing fruits and vegetables in a controlled environment in metropolitan areas.
Vertically grown crops require minimum or no use of pesticides, it has good characteristics like color, texture, flavor, and nutrition; these products can be consumed by critically ill patients as well. Control of specific parameters during farming make these crops available throughout the year.
The global vertical farming market is likely to gain traction due to increase in demand for biopharmaceutical products. It is projected to rise at a CAGR of 21% and cross $6 billion by 2022.
The global vertical farming market can be segmented based on growth mechanism as hydroponics, aeroponics, and aquaponics, based on geographies like North America, Europe, Asia Pacific, and Rest of the World, based on applications the market can be segmented into personal consumption, pharmaceutical, food applications.
Some of the key players adopting vertical farming in the global market are Deere & Company, FarmedHere, Aerofarms, Illumitex Inc., Koninklijke Philips N.V., Sky Greens, and CNH Industrial NV.
By creative relevant awareness regarding vertical farming, using advanced and smart technologies in the farming system, better utilization of the available resources, this business can be a profitable venture.
Our expert’s team has prepared The Business Planning Reports on the title. [Those reports are, Business Feasibility Study Report, Business Modelling Report, Business Plan and Detailed Project Report]. Our expert team has studied the market for “Vertical Farming Business”
Browse Detailed Reports are available on http://meticulousbplans.com/product/vertical-farming-business/
What I will get from these reports?
• It will give you a brief idea about Vertical Farming Business.
• It will give you knowledge on technical, commercial aspects of Vertical Farming Business.
• It will give you the information required budget, daily expenses and profitability.
• It will provide you market-related information
Key questions answered in the report: –
• What is the feasibility of starting a Vertical Farming Business?
• What are the most important affecting factors for Agriculture Farming Industry?
• Which are the high growth market segments in Agriculture Farming Industry?
• What are the requirements for starting an Vertical Farming Business?
• What will be the budget for developing the platform?
• What are the market forecasts and estimates from the period 2019-2022?
• What are the major drivers, trends, restrains, threats, and opportunities in the Industry?
• Who are the major players in Vertical Farming Business?
• How to get a loan or raise funds?
• All these and many more questions will be answered in these reports with detailed information.
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• Prepared by experts and professionals from the industry.
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