The data shows a projection of the vertical farming market worldwide in 2013 and 2016 with forecasts for 2020 and 2023. In 2023, the market is expected to reach 6,4 billion USD around the world. Vertical farming occurs in a closed environment where plants are grown on shelves to minimize the space required for growth.
2013 | 403 |
2016 | 1500 |
2020 | 1970 |
2023 | 6400 |