Controlled Environment Agriculture Strategy and Roadmap in GO Virginia Region 3
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Date
2023
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Publisher
Virginia Tech
Abstract
On behalf of the Institute for Advanced Learning and Research, and with support from an Enhanced Capacity Building award from GO Virginia Region 3, the Virginia Tech Center for Economic and Community Engagement (CECE) conducted a study to assess the economic growth potential for the controlled environmental agriculture (CEA) industry in Region 3, and the state of Virginia.
CEA, as a sector, is poised for additional growth. CEA refers to the utilization of technology and automation to enhance the indoor growing conditions for crops, fish, and related products. The industry is projected to grow 10.32% annually, reaching $239.8 billion by 2027.