Europe Vertical Farming Market 2019-2024Posted by Prashanth on November 27th, 2019 Market Overview: In the year 2019 Europe Vertical Farming Market was valued at USD 0.85 Billion. By the year 2024, it is predicted to reach USD 2.31 Billion at 22% CAGR. Vertical farming is the practice of producing food and medicine in vertically stacked layers. The modern idea of vertical farming use indoor farming techniques and Controlled Environment Agriculture (CEA) technology. Factors affecting market growth:
Market Segmentation The Europe Vertical Farming Market is segmented on the basis of Growth Mechanism
Structure
Offering
Indoor Vertical farms were the biggest application segment of the vertical farming market. Indoor farms include growing vegetables, fruits, etc. in controlled environments. Aeroponics segment is the second most common method of growing leafy vegetables, as it is grown in mist environment without any soil. Key players: Major Market players involved in the Vertical farming market are Illumitex Inc. (U.S), Aerofarms (U.S), Koninklijke Philips N.V (The Netherlands), and Sky Greens (Singapore) among others. Contact Info: Phone: +1-888-702-9626 Like it? Share it!More by this author |