Vertical Farming Gains Ground with Hydroponics and LED Technology
The Vertical Farming Market is poised for exponential growth, forecasted to increase from approximately USD 5.6 billion in 2024 to USD 13.7 billion by 2029, growing at a compound annual growth rate (CAGR) of 19.7%. This transformation is being driven by urbanization, increasing food demand, water scarcity, and technological innovations including artificial intelligence (AI), LED lighting, and hydroponic systems. To Get Free Sample Report: https://www.datamintelligence.com/download-sample/vertical-farming-market Market Drivers and Growth Opportunities Scarcity of Arable Land and Water Vertical farming systems require up to 97% less water and significantly less land than traditional farming, making them ideal for densely populated cities and regions suffering from water scarcity. Integration of AI and Automation AI is revolutionizing vertical farming by enabling predictive analytics, automation of nutrient delivery, environmental control, and yield optimization. Coupled with IoT...