Vertical Farming Market Is Expected to Reach $6.4 Billion, Globally, by 2023
According to a new report published by Allied Market Research, titled, Vertical Farming Market: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global vertical farming market was valued at $1.5 billion in 2016, and is projected to reach $6.4 billion by 2023, growing at a CAGR of 23.6% from 2017 to 2023. The hydroponics segment contributed nearly 42% of the share in 2016.
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