Agriculture Indoor Farming
Updated: Feb 28
The global population may reach nearly 10 Billion people by 2050. And global food production will need to increase by nearly 75% in the next 25 years, all during a time of severe climate change that will stress traditional agriculture production capabilities.
Therefore, the most pressing challenges ever faced by mankind include key elements that should be addressed within the next 25 years reports BrightNovaMedia.com. The most pressing challenges we face in the years ahead are as follows;
Clean Water shortages and Clean Ocean solutions
Food shortages to feed nearly 10 Billion People and Population Growth Issues
Severe Climate Change and Energy Innovation Needed to Eliminate Carbon Pollution
Mutating Deadly Disease and Illness Acceleration such as COVID and SARS
Challenge of Diverse People Learning to Cooperate, Increasing Violent Conflicts
Mathematically, the Earth can support about 8 Billion people, a population figure we are on the verge of reaching in 2023. The population explosion will combine with the increasingly violent weather patterns and severe climate change such as flooding, wild fires and the increasing frequency of earth quakes. For example by 2050, annually 17 million U.S. properties will be at 'substantial risk' of flooding in any given year. And the growing clean water, food shortages and mutating disease threats are pushing us in a race to accelerate innovation, in order to solve the crisis that mankind faces in the next few decades.
Agriculture Indoor Farming global market may to grow at a compound annual growth rate of 9% to reach $50 billion or more by 2025 reports BrightNovaMedia.com
While traditional U.S. farms face big challenges that make it very costly to produce.
Floods - We’ve already seen an increase in flooding in many agricultural regions of the country, including the Midwest, the Southern Plains, and California. Sea level rise is also ratcheting up the frequency and intensity of flooding on farms in coastal regions. These costly floods devastate crops and livestock, accelerate soil erosion, pollute water, and damage roads, bridges, schools, and other infrastructure.
Droughts - Too little water can be just as damaging as too much. Severe droughts have taken a heavy toll on crops, livestock, and farmers in many parts of the country, most notably California, the Great Plains, and the Midwest, over the past decade—and science tells us that rising temperatures will likely make such droughts even worse, depleting water supplies and, in some cases, spurring destructive wildfires.
Changes in crop and livestock viability - Farmers choose crop varieties and animal breeds that are well suited to local conditions. As those conditions shift rapidly over the coming decades, many farmers will be forced to rethink some of their choices—which can mean making new capital investments, finding new markets, and learning new practices.
New pests, pathogens, and weed problems - Just as farmers will need to find new crops, livestock, and practices, they will have to cope with new threats. An insect or weed that couldn’t thrive north of Texas in decades past may find Iowa a perfect fit going forward—and farmers will have to adapt.
But innovations such as indoor farming deliver solutions that are sustainable and affordable long-term, regardless of the shifting environmental and population changes.
The indoor farm reduces water use by 90%. Indoor farming can produce year round in a controlled facility. And the indoor farm produces much high quality foods with no harmful pesticides. Indoor farms with 60 acres may yield 30-times more food than traditional farming.
Eating food produced by local indoor farms is fact cheaper and reduces carbon output by over 65%. The local grown food does not have to be transported nearly as far and it's much healthier. The overall cost savings from buying food produced locally is about 35% savings.
Significant investment opportunities driving the indoor farming technology industry. And it's beginning to drive new career job opportunities for many high tech American workers.
For example, AppHarvest (APPH) is an innovative company in Kentucky which employs 300 workers, on it's 60 acre indoor farm. The healthy buy local craze offers consumers 35% savings and reduces carbon output by 65% or more, creating millions of high paying jobs.
Horticultural Vertical Indoor Farm Jobs
Horticulturists grow plants for food and nonfood purposes by applying knowledge, skills and technology. Essentially, their task is to propagate plants with the goal of improving the growth, quality, yield, nutritional value and resistance to pests, diseases and other environmental stresses. They can work as growers, gardeners, therapists, designers or technical advisers. Categorized under farmers, ranchers and other agricultural managers by the Bureau of Labor Statistics, their 2019 median pay was $71,160 annually or $34.21 per hour.
Agricultural engineers combine knowledge in engineering science with technology, agricultural production and processing. They perform environmental impact assessments and agricultural product processing. They also plan, supervise and manage the construction of agricultural systems. A bachelor’s degree in agricultural engineering or biological engineering is a must, and preference is given to those who participate in a cooperative education engineering program. According to the Bureau of Labor Statistics in 2019, the median wage for controlled environment agriculture jobs was $80,720 annually.
Growing conditions inside a vertical farm are monitored by the data sensors within the system. Information is then organized, analyzed and stored by a program created by software engineers. A software engineer develops applications that let people do specific tasks on a device or a computer. They are also responsible for developing the underlying systems that run the devices or control a network. Software engineers usually have a degree in computer science and must possess strong programming skills.
The 2019 median annual pay for software engineers was $107,510, according to the Bureau of Labor Statistics. This profession can expect a 22 percent increase in employment opportunities between 2019 and 2029 because of the rapid increase in the demand for software, and vertical farming companies could add an additional boost.
The top indoor agriculture farming companies ...
Cost Analysis Traditional Farm vs Greenhouse Farm vs Vertical Farm
Technology innovations will reduce greenhouse and vertical farming costs over time like most other new industries. Assuming a 45% gross margin for a typical supermarket produce department, retail prices for greens would need to be approximately $1 a pound for conventional, $3 a pound for greenhouse, and $4 a pound for vertical. A typical head of bibb or butter lettuce weighs less than half a pound. Therefore, the lettuce can be grown in a greenhouse or vertical farm and sold at retail for $2 to $3 per head. Although greenhouse or vertical farming is two to four times more expensive than growing on a traditional outdoor farm, it still allows for competitive pricing to the consumer with other vegetables and sides. And indoor farms produce far healthier food with 45% lower delivery costs to market. Greenhouse farming profitability is most attractive for investors and clean energy needs.
Our research shows vertical farms can achieve may 35% profitability versus a greenhouse indoor farm which may achieve 65% profitability with local produce to market to consumer.
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