Vertical Farming Market - Size, Trends, Growth, Market Analysis, Share and Forecast to 2032
The vertical farming market is poised for substantial growth. Valued at USD 6.2 billion in 2023, the market is projected to expand from USD 7.48 billion in 2024 to USD 33.5 billion by 2032. This growth represents a compound annual growth rate (CAGR) of 20.62% during the forecast period from 2024 to 2032.
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Key Drivers of Market Growth
Growing Population: The increasing global population is a primary driver of growth in the vertical farming market. As the demand for food rises, traditional farming methods alone may not be sufficient to meet this demand. Vertical farming offers a scalable solution by allowin
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