Focus Outlook

Vertical Agriculture, The Most Influential Trend in Agtech?

Share:

Agriculture and agtech have become synonymous with each other. The latest trends in technology continue to drive the sector. Vertical agriculture is one of those trends. 

The advantage of vertical agriculture is that in some configurations, plants may thrive without soil. The majority of plants are either hydroponically grown in a bowl of nutrient-rich water. Up to 70% less water is used by vertical farms than by conventional farms.

It is clear that indoor vertical farming has benefits. With the help of this innovative agricultural technology, food output may be increased while ensuring predictable harvests by carefully controlling factors.

READ MORE: Oil Demand Could ‘Shrivel’ In the Upcoming Years

By drastically reducing the amount of transportation or food miles necessary to get products to customers, agtech-powered vertical farming lowers CO2 emissions. 

Additionally, agricultural production is not impacted by seasonal weather patterns, which are prone to upheaval due to the changing climate. Sometimes, the yield is around 50 to 100 % more. 

READ MORE: Farmers Have to Deal With Price Variations While Buying Ag Chem, Says an FBN Survey

Vertical farming is not without any challenges. Several vertical farms are now powered by renewable technology, despite the fact that the worries regarding the efforts are real and justified. In addition, they recycle a lot of their resources since energy-saving LED lighting uses less electricity.

Numerous professional growers find success using abandoned buildings and warehouses to make it all happen, despite the fact that the expense and availability of land for vertical farms in metropolitan settings might present numerous difficulties.

Vertical farming represents only a small portion of the tech industry. However, the future is extremely optimistic. 

MUST READ

NCR Voyix’s $2.5 Billion Sale to Veritas Confirms Digital Banking’s Future Potential

NCR Voyix has sold its digital banking platform to Veritas Capital for approximately $2.5 billion, a move designed...

Crypto Faces Major Crash Since 2022 as Bitcoin Struggles to Stay Above $50,000

Cryptocurrency prices have plunged to their lowest levels since 2022, reminiscent of the industry-wide turmoil triggered by the...

Pinwheel and Narmi Collaborate to Enable Deposit Switching

Pinwheel, a US-based fintech company, has joined forces with digital banking solutions provider Narmi to introduce streamlined digital...

CG Life Integrates PR and Social Media Teams Following Berry Acquisition

CG Life has recently consolidated its public relations and social media teams to form a strategic communications group,...