The increasing need for organic fruits and vegetables is one of the biggest factors propelling the demand for vertical farming across the globe. Since the last few years, there has been massive rise consumer awareness regarding organic foods and the numerous health benefits offered by these organic fruits and vegetables. In addition to this, the widespread use of chemical feritlizers, pesticides, and insecticides in the conventional farming practices and increasing per capita income have made the people shift toward organic foods, which has in turn, promoted the adoption of fertilizer-free farming techniques like vertical farming.
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The rising demand for eco-friendly methods of food production that entail negligible utilization of pesticides, genetically modified organisms, and artificial fertilizers is one of the biggest factors driving the surge in the vertical farming market value. Moreover, the growing preference amongst the consumers for completely naturally produced food is leading to the rising implementation of vertical farming.
In addition to being free of toxic chemicals, the organic foods produced by vertical farming are full of flavors, which further leads to the soaring adoption of the technique. The rising focus toward environment-friendly modes of fruits and vegetable farming is another important factor responsible for the surge in the demand for vertical farming. Nowadays, people are increasingly focusing on the farming techniques which can produce crops irrespective of the weather conditions which is significantly contributing to the popularity of vertical farming.
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The soaring number of government incentives and measures supporting the cultivation of organic food in several countries is another key factor boosting the adoption of vertical farming practices across the world. Powered by the above-mentioned factors, the global vertical farming market is expected to advance at a rapid rate over the next few years.
Vertical farming basically refers to the farming method in which the crops are grown in vertically stacked layers. This farming technique incorporates the use of controlled environment agriculture (CEA) technology in order to optimize plant growth. This type of farming process is also known as urban farming or indoor farming in some regions and it is observing increasing popularity throughout the world.
