Latin America Vertical Farming Market 2024Posted by Prashanth on January 8th, 2020 Market Overview: Latin America Vertical Farming Market was worth USD 0.74 billion in 2019 and expected to be growing at a CAGR of 21%, to reach USD 1.93 billion by 2024. 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. Vertical farms have the potential to reduce or eliminate the need to create additional farmland. Request Report Sample: https://www.marketdataforecast.com/market-reports/la-vertical-farming-market/request-sample Factors affecting market growth:
Market Segmentation The Europe Vertical Farming Market is segmented on the basis of Growth Mechanism
Structure
Offering
Hydroponics is the easiest way among all other segmentation’s and that segment is also a budget-friendly process and the outputs can be expected at good. Building based was the biggest application segment of the vertical farming market. Indoor farms include growing vegetables, fruits, etc. in controlled environments. 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 |