Vertical Farming
REVOLUTION IN INDOOR AEROPONICS FARMING, BY NEW EDGE TECHNIQUE CALLED: REVOPONICS, DEVELOPED BY FLORA CONSULT Written By: Praveen Sharma, Flora Consult
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he world is abuzz with Indoor Vertical Farming, especially in the developed countries. The Indoor Farming has got fancy of global investors. The world indoor vertical farming business is growing at 23% CAGR, and expected to cross US$6 billion by 2026. The ability of vertical farming to produce high-quality herbs, fruits, and vegetables throughout the year will positively influence the market revenue. Revoponics is advanced Vertical Aeroponics Technique, which has resulted in huge cost saving on capital investments
and operational costs of the Indoor Aeroponics Farms. Why Indoor Vertical Farming: • World Population Growth The planet earth has limited agricultural land, and population is ever growing. According to United Nations Population Division (2009), the world population will increase from about 7.85 billion to 9.8 billion by 2050 or an addition of about 2.0 billion more people to feed. • Agriculture Consumes 70% 0f worlds water WWF - notes that agriculture wastes 60% of the 2,500 trillion liters (1,500 trillion liters of water) it uses
each year; or 70% of the world’s accessible water. • US, China, India, Pakistan, Australia and Spain have reached, or are close to reaching, their renewable water resource limits. • Growth in Urban Population The percentage of urban population will likewise increase from 50.46% in 2010 to 68.70% in 2050. It is expected that world population will continue to increase. Currently, the rate of growth per year is about 80 million. • Agriculture Land ReducingThis is Alarming New Delhi: In India cultivable land is gradually shrinking, making the agricultural future of this highly populous country bizarre. Latest data from the Agricultural Ministry shows that as many as 20 states reported decrease in cultivable land to the extent of 790,000 hectares in four years from 2007-08 to 2010-11. • This decline of almost 200,000 ha per year, is bound to go up with new era of development, infrastructure, roads etc. • Limited Land for Agriculture This is a major concern because the land area of the Earth is limited only to about 13 billion ha, in 2008, the total agriculture area in the world was about 4.88 billion Ha (FAPSTAT,2010) Introduction to Aeroponics Growing Technology: • The art of Aeroponics Growing has been adjudged as most advanced system of growing various crops. The research by NASA has
36 Gulf Agriculture | www.gulfagriculture.com
September-October 2021
