Need to meet the rising demand for food products is one of the key drivers Technavio Jimmys Post


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NEW YORK, Nov. 5, 2023 /PRNewswire/ — The vertical farming market size is expected to grow by USD 6.49 billion from 2021 to 2026, progressing at a CAGR of 16.55% as per the latest Technavio market research report. The need to meet the rising demand for food products is one of the major factors driving the vertical farming market growth. To produce high quantities of food products without depending on favorable climatic conditions, vertical farming offers a revolutionary approach. However, with the increasing population, the demand for food production is also increasing. Technologies used in vertical farming can significantly be...