Population growth and urbanisation are expected to support the expansion of the ancient vertical farming industry.
The future food system will have to feed more people with finite land and water resources. Climate change is likely to exasperate the issue. This is the perfect storm driving interest in vertical farming.
According to forecasts from market research provider Global Market Insights, the vertical farming sector will grow by around 25% to reach a value of €11 billion in the next five years.
Scottish food tech group Intelligent Growth Solutions wants to leverage its unique IP protected processes to be an important part of this story.
Working alongside the James Hutton Institute for crop research, IGS has already opened its first demonstration indoor farm and orders are coming in from around the world.
We spoke with IGS CEO David Farquhar at The Ingredients Show in Birmingham, UK, last month to hear more about what has been described as ‘the world’s most technically advanced indoor farm’.
“We are right at the starting gate” for where this technology could take us, he suggested.
Watch the video to learn more