"We may now be at the lowest point ever for vertical farming. The survivors will be the fittest, but many businesses are reviewing every aspect of their strategy. Ironically, with so many challenges, from climate change and supply chain disruption to food safety and obesity, the case for vertical farming may be greater than ever," says Richard Hall, Chair of FoodBev Media.
FoodBev Media will bring the international vertical farming industry together in London on 6 and 7 October for the seventh Vertical Farming World Congress, with a farm visit on 8 October as a closing event.
The event comes as the sector is being forced to reassess some of its fundamental assumptions. Bankruptcies, rising energy costs and declining investment have affected companies throughout the industry. Meanwhile, surviving operators are adapting their strategies, suppliers are reconsidering where their technologies create the most value, and investors are asking more detailed questions about commercial viability.
According to Richard, avoiding these subjects would limit the value of bringing the industry together. "What makes me most proud is that the Congress attracts key players at the highest level and add...