Global vertical farming market projection 2022 -2032
popularity of organic food.
The global vertical farming market has been steadily growing over the last years as population size increase and living in urban cities become more popular. In 2022, the vertical farming market reached some 5.6 billion U.S. dollars , but the market value is expected to increase to over 35 billion U.S. dollars by 2032. Being able to use vertical space and reducing the need for additional land and construction activity contributes to the appeal of vertical farming in large cities. Demand for vertical farming is expected to increase largely due to the