NetworkNewsBreaks – Advanced Container Technolog
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Posted On: 04/05/2023 5:19:12 PM
NetworkNewsBreaks – Advanced Container Technologies Inc. (ACTX) Eyes Opportunity in Burgeoning Vertical Farming Market
Advanced Container Technologies (OTC: ACTX), which is engaged in the selling and distribution of self-contained, automated, indoor “micro-farms” called Grow Pods, today announced its active participation and positioning in an industry projected by Spherical Insights to grow at a CAGR of 24.42% and reach over $27 billion by 2030. “According to EY (Ernst & Young), the world’s food system is at a tipping point. Changing consumer food preferences are fueling the shift from a commodity driven supply chain to a personalized ag ecosystem,” the announcement reads. The BBC further reports that vertical farming technology allows the growing of crops where conventional farming is not possible, resulting in shorter supply chains and the improvement in both food security and quality. “As I’ve often said, we are in the right market, with the right products, at the right time .We look forward to the future and the many business opportunities that this market will provide,” Douglas Heldoorn, CEO of ACTX, said of the rapidly growing industry.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Advanced Container Technologies (OTC: ACTX), which is engaged in the selling and distribution of self-contained, automated, indoor “micro-farms” called Grow Pods, today announced its active participation and positioning in an industry projected by Spherical Insights to grow at a CAGR of 24.42% and reach over $27 billion by 2030. “According to EY (Ernst & Young), the world’s food system is at a tipping point. Changing consumer food preferences are fueling the shift from a commodity driven supply chain to a personalized ag ecosystem,” the announcement reads. The BBC further reports that vertical farming technology allows the growing of crops where conventional farming is not possible, resulting in shorter supply chains and the improvement in both food security and quality. “As I’ve often said, we are in the right market, with the right products, at the right time .We look forward to the future and the many business opportunities that this market will provide,” Douglas Heldoorn, CEO of ACTX, said of the rapidly growing industry.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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