THE AGRITECH/URBAN/VERTICAL FARMING MARKET

It is anticipated that the Agritech / Urban Vertical farming market will register substantial growth over the coming years, amidst burgeoning urbanisation, population growth, food inaccessibility, depleted soil  value, and climate change.

More and more examples of hostile weather conditions coupled with over-intensive farming of the land along with the use of chemicals, have signified the importance of vertical farming. Today and for the foreseeable future, the world needs sustainable operations that reduce the adverse climatic impact to dramatically reduce pollution levels and offer a healthy fresh alternative to mass production of high fat, high salt foods.

Sustainable activities will help fuel the growth in vertical farming.

The initial GBS Modular Vertical Farms have been calculated to an optimum size through control room data input, crop requirement data and mathematical modelling, and are based currently upon a hydroponic system using horizontal trays, specialised lighting and a hybrid power generating system.

Hydroponics is currently the favoured option and, according to market research, by 2026 Hydroponics will be the leading light, certainly across Europe and North America.

Using the experience and expertise within our group of strategic partners and specialists, our Research and Development team are working on other vertical tower systems which will utilise eaves within the modular building designs and proliferate crop yields within the same building; albeit that it will require an initial higher capital outlay.

BUILDING-BASED SYSTEMS ARE THE WAY FORWARD

Although there are a number of vertical farming installations already housed within greenhouses, Allied Market Research demonstrates that by 2026 building based vertical farms will dominate the sector.

Growing automation in agriculture and increasing use of big data and predictive analytics for maximising yields are also likely to drive the market, as well as the urgent need to satisfy the global markets’ need for healthy eating.

GBS is also exploring practical commercial scale operations utilising Aeroponic systems, which may have applications for situations where water is a scarcity or in situations where the application suits certain crops better than Hydroponics.

IMMEDIATE TARGET SECTORS

Through our own research and via discussions with strategic partners, we have noticed a number of routes available to us:

  • Sales of complete GBS Modular Vertical Farms to other operators (GBS to build where required).
  • Interest from existing operators who want GBS to supply the “envelope” (the shell of the farm as a stand-alone unit).
  • Our Research and Development team who manage our on-site farm are in contact with food supply chains – to which we have reached agreement with a local retailer who wishes to take much of our present crop for sale in his substantial retail unit.
  • We are already in discussions with fresh food suppliers (to supermarkets and wholesalers) who wish to run their own farms themselves.
  • Potential construction of GBS Modular Vertical Farms to install within existing farming communities and as shared units with farming contractor groups.
  • Working with investors in Farms with GBS teams and management services.
  • Production of Units (some smaller scale) for hotels and restaurants.
  • Health sector inroads, e.g. healing plants, herbs, etc.

OTHER FOOD OPPORTUNITIES FOR THE GBS MODULAR VERTICAL FARM OWNER

Produce from the vertical and urban farming/Agritech sectors are becoming more sought-after every day
as the world is waking up to the benefits of high nutrition, high flavour, fresh, clean and locally grown produce.

Recent events have also brought our marketplace to the attention of those whose responsibility it is to ensure food security and food accessibility without an unnecessary reliance on food imported from abroad. This is a situation which, in the UK we believe, may become even more exacerbated once Brexit actually takes hold and is no longer in transition.

Consumers have changed and are far more thoughtful about what they eat.
Research shows that over 70% of Millennials will pay a higher price for sustainable produce.

Farmers are having to demonstrate to buyers now that they are developing practices that improve soil health, reduce their carbon footprint, and increase biodiversity. This is no passing fad.

Restaurants are actively seeking organic or low-input produce, and there even exists Sustainable Restaurant Association Award.

Restaurant wholesalers tell us that chefs now demand produce that shows clear provenance, freshness and great taste, and 80% of Millennials want to eat healthily for the majority of meals.

Vegetarianism and vegan plant-based diets are becoming more popular with consumers turning away from mass-produced factory foods.

Our observations confirm there are more opportunities than there are available suppliers – particularly for a discerning marketplace which is rapidly becoming critical regarding sustainability and traceability. This is prior to any consideration given to the scope involved with global markets.

UK GOVERNMENT RESEARCH

Research inclusive of UK Government stats show that the UK has:

  • 28,705 Licensed restaurants
  • 23,000 Unlicensed restaurants and cafes
  • 37,456 Food specialists, food stands & pop-up eateries
  • 30,885 Pubs (many serving food)
  • 45,000 Hotels
  • Approximately 700 Farmers markets
  • 4,000 Farm shops
  • 41 Listed Airline prestigious food suppliers

FOOD TARGET MARKETS INCLUDE

Research inclusive of UK Government stats show that the UK has:

  • Hotels & Restaurants
  • Airline catering
  • Health centres
  • Modern cafes
  • High-end grocery and delicatessens
  • High-end veg box suppliers
  • Premium wholesalers
  • Premium caterers
  • Specialist food services
  • Events caterers
  • Celebrity Chefs
  • Ingredient specialists
  • Growing next to distribution centres
  • Farmers market suppliers

Call us on: +44 (0) 113 733 5186 to find out more!