Factors influencing the Vertical Farming Market

The population of the world is expected to be almost 10 billion by 2050, and in order to feed this gigantic population is going to be a challenge. Because of industrial development and urbanization, arable lands are lost every day. Scientists are saying that 33 percent of arable lands are lost over the last 40 years. We don’t know how much more we are going to lose in the next 40 years. Increasing food demand because of developing populace alongside regularly diminishing arable grounds postures one of the best difficulties confronting us. This has created an opportunity for the development of vertical farming market.

Vertical cultivating is another new way with regards to growing food on vertically slanted surfaces. Rather than cultivating vegetables and different food products on a solitary level, for example, in a field or a nursery, with this new strategy we can produce food products in vertically stacked surfaces ordinarily coordinated into different structures like a high buildings, shipping compartment or warehouse.. By implementing the Controlled Environment Agriculture (CEA) technology, this latest idea uses indoor cultivation techniques. The simulated control of temperature, light, humidity, and gases makes manufacturing of foods and health care products in an indoor facility possible. From multiple points of view, vertical cultivating is like greenhouse gasses where metal reflectors and simulated lighting expand regular daylight.

The elementary goal of vertical farming is boost crops yield in a controlled amount of space.

Increase in population is directly proportionate to the demand for more food and also more land to grow, in any case there are less arable lands which are becoming more costly. Vertical farming is a new and more sophisticated way to produce food products in urban environments without the requirement of soil, less water and reduced necessity of pesticides. The advantages of vertical farming are year long production of crops, reduced crop failures due to weather, terminate agricultural land run off, less usage of herbicides and insecticides and it is also people friendly.

Despite of the advantages of vertical farming a lot of critics say that the costs and benefits will cancel out each other. The dis advantages of vertical farming are land & buildings cost, Usage of energy, less number of crop varieties, pollination requirements among others. There is an on going controversy over USDA certification, which says that crops produced by vertical farming may not be organic enough. Experts feel that for the crops to be considered organic there should be a involvement of soil ecosystem completely not just the reduced usage of pesticides and insecticides.

Vertical farming can be done in various shapes and sizes for example we can use a basic wall mounted system for the process or it can be a multi storied building. Every vertical farming process can be carried out in any one of the soil free systems in order to provide required nutrients to the plants which are aeroponic, aquaponic and hydroponic.

Aquaponic System: An aquaponic system is one move ahead of the others as it combines the plants and aqua creatures in a single ecosystem. Fish are developed in the ponds delivering supplement rich waste which is used as a source of feed for the plants. On the other hand plants filter the impure water which is again used in the indoor ponds.

Hydroponic System: This system includes developing plants in nutrient arrangements which are free of soil. The plant roots are immersed in solution containing the nutrients which are required and is constantly checked to make sure if the correct composition is maintained or not.

Aeroponic System: This is carried out by spraying mist at regular intervals of time which contains and provides the nutrients, oxygen, hydration required for the growth of the plants.

Notwithstanding the development system, vertical farming in view of conservation of resources is accepted to be economical over the long haul. For instance, developing plants in multistorey stacks decreases space required for growing plants. Glass houses where normal daylight can be escalated with artificial lighting like LED’s which decrease power utilization. Showering or immersing the foundations of plants with water decreases water wastage and usage of pesticide.

Key players in the vertical farming market are AeroFarm, FarmedHere, Illumitex, Inc., Koninklijke Philips N.V., Sky Green, Everlight Electronics, Green Sense Farms, American Hydroponics, Hort Americas, Agrilution, and others.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Vertical Farming Market a free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Agriculture tit-bits.

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