Analyzing the harvested area for Chicory and Lettuce in Singapore, we observe that from 2024 to 2028, the values are forecasted to grow steadily. The harvested area starts at 32 hectares in 2024 and remains stable in 2025 before increasing by one hectare per year thereafter, reaching 35 hectares by 2028. The annual year-on-year growth from 2025 to 2026 is approximately 3.1%, with similar increments for subsequent years. Interestingly, the compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 2.3%.
Future trends to watch for include advancements in agricultural technology, which could further optimize land use, and changes in government policies promoting urban farming. Additionally, addressing climate change factors and sustainability practices will be crucial for maintaining stable growth in harvested areas. Efforts towards innovative farming techniques such as vertical farming could also play a significant role in increasing the harvested area within limited land availability.
