What is Vertical Farming Crops and Why Vertical Farming Crops needed?

Vertical farming refers to a type of indoor agriculture wherein the plants are grown in vertical layers. They could also be piled horizontally or in three-dimensional contours. Some of the plants produced through vertical farming include leafy greens, vining plants, and herbs. The majority of this conventionally grown produce is sprayed with pesticides and fungicides. Moreover, they are farmed with extreme hygiene, are pesticide-free, and delivered for direct retail within hours of harvest.

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Due to the increased focus on health consciousness, the demand for pesticide-free food products has risen globally, which is one of the most vital factors that propel the demand for vertically farmed crops. Besides, with advancements in technologies and the use of the IoT, crops grown through vertical farming are uninterruptedly tracked for excellent nutrition and growth and reduced human intervention. These factors cumulatively drive the demand for the global vertical farming crops market.

Top Key Players:

AeroFarms
PlantLab
Spread Co.
Bowery Farming
InFarm
Plenty
Gotham Greens
AgriCool
CropOne
Green Spirits Farm

Market Segmentation:

By Crop Type:

Tomato
Leafy Greens
Herbs

By End-Use:

Direct Retail
Food Service

By Farming Technique:

Hydroponics
Aeroponics
Aquaponics

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The report covers vital developments in the vertical farming crops market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players.

Source: The Insight Partners