Vertical farming market is being analyzed by many researchers as it aims at helping to feed hungry mouths across the globe while changing the business scenario of traditional supply chains. Vertical farming is a technology based farming method in which plants are stacked indoors, using controlled-environment and grown using specific agricultural methods.
Under the vertical farming market process, plants at most vertical farms are grown without soil, nourished by the recycling of a nutrient-rich water solution. Some such farms use methods of aeroponics, where the water solution is misted onto the plants’ roots. The farms are several stories tall where in the crops are stacked in an enclosed space. Photosynthesis is brought about by artificial light like LEDs, and sometimes boosted by natural light, like in a greenhouse.
According to Despommier’s theory, by 2050 the world will run short on land suitable for the amount of traditional farming that will be required to feed the ever growing population. On the other hand, vertical farming makes resourceful use of the available limited land by stacking the plants one above the other. Other benefits that drive the vertical farming market include year-round crop production regardless of climate and a reduced distance between farms and consumers. Also, all the plants grown in vertical farms are organic and free of any chemicals, herbicides or pesticides making the food are both local and healthy.
Thus, these vertical farming drivers are attracting a huge population across the globe who aims at obtaining organic food available easily and all round the year. The growing vertical farming market is going to benefit its key players and manufacturers in years to come. It is strongly believed that vertical farming market could revolutionize agriculture and even supply most of our food needs. There are predictions by researchers that the vertical farming market will hit nearly $4 billion by 2020.
eMarketOrg.com has a new addition of research titled Global Vertical Farming Market 2016 – 2021 Report that provides comprehensive analysis of vertical farming by professionals. Buy a copy of this report @ http://emarketorg.com/pro/global-vertical-farming-market-2016-2021-report/ .
Recent studies by the World Bank forecast that an estimated global population of 9 billion in 2050 will need at least 50 percent more food. Traditional farming will need help of technology and analysis to meet this demand and vertical farming market plays a great role here. To add to the rising food demand and limitations of current traditional farming methods, climate change could reduce the crop yields by more than 25 percent during that span, an effect that would mostly impact the world’s poorest citizens.
Thus vertical farming market growth is evident and essential owing to the increasing population, changing climate, and limited land supplies and other factors affecting the traditional farming adversely.
Explore another relevant report on vertical farming market at http://emarketorg.com/pro/global-vertical-farming-plant-factory-industry-2016-market-research-report/ .