Agricultural / Biotech Buildings
Look to Dillett Mechanical Service Inc. to be an instrumental partner in designing and implementing your Indoor Farming Business
The global indoor farming market was valued at USD 106.6 billion in 2017 and is expected to register a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period (2018-2023). North-America is accounting for nearly 44.2% of the global market in 2017. Europe and North-America have developed advanced technologies with respect to indoor farming, Increasing awareness of the benefits and demand for food is expected to drive the establishment of indoor farms. At Dillett Mechanical Service Inc. we believe in sustainable practices that help support our local economy thrive while providing more nutrient dense foods for our community to choose from.
Increasing Need for Maximizing Yield Driving the Indoor Farming Market.
One of the main reasons for the diminishing yield is that the cultivable land is shrinking from year to year. The other reasons for lower yield are unfavorable weather conditions, like droughts, floods, soil erosion, and heavy utilization of pesticides, which is decreasing the fertility of soil, globally. The main reasons for maximizing crop yields are to feed the increasing population and meet the demand for food. High yield of good quality within small regions may be achieved using advanced farming techniques, like indoor farming. Increase in health consciousness and consumption of residue free food have paved the way for the use of advanced techniques, like indoor farming. People are growing the necessary crops in their own houses on a small scale, in order to have food that is free from pests and this has resulted in a higher yield. The yield of crops can be increased using indoor farming as indoor farming helps in maintaining the quality and quantity of food. Crops grown using indoor farming have faster harvest cycles, which increases the yield of the crop. Therefore, the increasing need for maximizing crop yields is expected to drive the indoor farming market in future. Source: Mordor Intelligence Indoor Farming Market Growth, Size, and Forecast (2018-2023)