Urban Farming Market Overview
The global Urban Farming market size was valued at USD 139064.22 Million in 2022 and will reach USD 219151.95 Million in 2028, with a CAGR of 7.88% during 2022-2028.Urban farming Market size was estimated at $213 Billion in 2020, projected to grow at a CAGR of 2.8% during the forecast period 2021-2026.
What Is Urban Farming? Types and Benefits
Urban farming, which involves growing plants indoors and outdoors, has become popular for providing food to local residents in and around cities. This is done through home gardens using techniques like Aquaponics, Aeroponics, and Hydroponics. Urban farming is in demand for various applications such as agriculture and commercial purposes. With the world’s population increasing, there is a growing need for urban gardening, especially in the form of home gardens. Due to urbanization, traditional farms are moving away from cities. However, a new generation of farmers is changing the game by practicing organic farming, cultivating superfoods without chemicals or pesticides, right in their kitchens.
This article deals with urban farming, the methods used for urban farming, its importance, and the future outlook of urban farming in India.