APAC Vertical Farming Market to Grow at 30% CAGR Till 2024 : Mirai, Illumitex, Everlight Electronics, General Hydroponics and 15 Other Companies Profiled
Asia Pacific shows the highest growth rate of about 30% in vertical farming market from 2018 to 2024. The product market has been popular in southeast Asia for the regional difficulties such as land scarcity and high food imports. According to a report by the United Nations, Department of Economic and Social Affairs, the number of cities with 500,000 inhabitants or more is expected to grow by 30% in Asia by 2030. Rising urbanization and the population feeding requirements in...
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