The global vertical farming market is projected to reach over US$12.7 billion by 2026, growing at a CAGR of 24.6 percent from 2019 to 2026, according to a report published by Allied market research.
The demand for vertical farming is expected to increase rapidly during the forecast period, owing to rise in popularity of organic food.
“It facilitates huge quantity of nutritious and quality fresh food without relying on favorable weather, high water usage, skilled labor, and high soil fertility,” the report stated.
Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.
