There are expectations of growth and expansions in this sector at a rate that is compound annual growth rate (cagr) of 25.5% between 2022 and 2030.

The vertical farming sector by market size was valued globally in 2021 at $4.34 billion. There are expectations of growth and expansions in this sector at a rate that is compound annual growth rate (CAGR) of 25.5% between 2022 and 2030. This first-paced growth rate in the market results from the expanding and growing uptake of vegetables and fruits in a way that is friendly to the environment. Besides, the growth of the global population at a rate that is never before seen has resulted in an increase in the demand for foods and vegetables hence an increase in urban agriculture.
Test the significance of Vertical Farming with respect to the environment and turnover in returns per unit.