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Global vertical farming market projection 2013-2020

Projected vertical farming market worldwide from 2013 to 2023 (Figures expressed in millions of U.S. dollars, unless otherwise specified)

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