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Samsung moves into the vertical farming market

Agricultural innovations are essential for feeding our ever-growing global population.

Especially these days, as industrialisation and global warming continue to negatively affect soil fertility and reduce the amount of arable land.

According to the United Nations, the world’s population is set to reach 9.8 billion by 2050.

Such a large population would require approximately 1.7 times more food than is available now.

One potential solution for addressing the world’s need for more healthy and abundant food production is vertical farming – a process that’s growing increasingly popular in places like Europe, the U.S. and Japan, and involves food being grown indoors in vertically stacked layers.

What makes vertical farming such an efficient and viable means to produce food are the facts that it (1) saves space, and (2) allows farmers to grow crops all year round, regardless of climate or season.

Interest in vertical farming has been rapidly growing in recent years. Market research firm MarketsandMarkets predicts that the global market for vertical farming will be worth $18.4 billion by 2022, twice as much as the market was valued in 2016 ($9 billion).

The movement for healthy, sustainable food production is spreading across the world, and Samsung is committed to driving innovation in this area.

Last spring, Samsung announced the launch of a wide range of horticulture LED offerings that produce a broad spectrum of light to support healthy plant growth.

In April, Samsung introduced an update to the LM301H, which features the highest photon efficacy among today’s mid-power white LED packages.

The company has also revealed a number of innovations designed to make it easy for consumers to grow and enjoy fresh, healthy vegetables from the comfort of their home.

Samsung also made waves at this year’s Kitchen & Bath Industry Show in Las Vegas with its all-new Chef Garden technology, which offers a simple, environmentally friendly way to grow food at home.

Chef Garden integrates seamlessly with Samsung’s next-generation Family Hub refrigerator, and automatically regulates light wavelengths to enable users to grow and enjoy fresh, pesticide-free fruit and vegetables all year round.

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