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“According to the latest research study, the demand of US Vertical Farming Market size & share was valued at approximately USD 3.4 Billion in 2023 and is expected to reach USD 4.8 Billion in 2024 and is expected to reach a value of around USD 7.8 Billion by 2033, at a compound annual growth rate (CAGR) of about 10.3% during the forecast ...
Findbusinesses4sale explored what the rise of vertical farming can mean for domestic food production, using Department of Agriculture data.
The term "vertical farming" was coined by Gilbert Ellis Bailey in 1915 in his book Vertical Farming.His use of the term differs from the current meaning—he wrote about farming with a special interest in soil origin, its nutrient content and the view of plant life as "vertical" life forms, specifically relating to their underground root structures. [16]
Controlled-environment agriculture (CEA) -- which includes indoor agriculture (IA) and vertical farming—is a technology-based approach toward food production. The aim of CEA is to provide protection from the outdoor elements and maintain optimal growing conditions throughout the development of the crop.
Vertical farms have gained significant traction globally as they offer solutions to overcome the limitations associated with traditional agriculture. [ 58 ] In practice, vertical farms employ advanced techniques such as hydroponics or aeroponics , allowing plants to grow without soil by using nutrient-rich water or air instead.
Vertical farming startup Oishii has closed its Series B at $150 million, Fortune can exclusively report. ... was unimpressed with American produce when he moved to the U.S.—and starting with one ...
Wendy Coleman started her company, LA Urban Farms, with a mission to empower people to grow their own fruits and vegetables by utilizing vertical farming in cities.
Bowery Farming was a New York-based vertical farming and digital agriculture company with farms in New Jersey, Maryland, and Pennsylvania. [ 2 ] [ 5 ] It grew and delivered pesticide-free lettuce , leafy greens, and herbs.