GrowingUp.com.au is for sale
GrowingUp.com.au
is for sale
Seller's notes about GrowingUp.com.au
The Global Vertical Farming Market was valued at USD 5.5 Billion in 2022 and is projected to reach a value of USD 18.8 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 19.2% over the forecast period 2023-2030.
We forecast the hydroponic in Vertical Farming market sales will account for more than 68% of total sales by 2030. The demand for hydroponics is projected to rise as customers become more aware of the dangers of pesticides. Because the nutrients are controlled better in hydroponically grown plants, they produce a higher yield than equivalent plants produced on the soil.
With vertical farming techniques; farmers can use 98 percent less water and 99 percent less land. They can produce crop yields of 240 times that of traditional farms through year-round rolling or perpetual harvest. All of our produce is powered by the sun rather than LED lights, so these crops are not reliant on fossil fuels or other less ideal energy sources.
By 2050, around 80 percent of the world's population will live in urban areas. This population structure will mean a higher demand for food in the areas where land is the hardest to come by. In these large urban centres, vertical farming offers a way to meet this increased demand for food without the need for vast fields.
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