Indoor Farming Market Size Was Valued at USD 25.2 Billion in 2022, and is Projected to Reach USD 52.5 Billion by 2030, Growing at a CAGR of 9.6% From 2023-2030.
Indoor farming refers to the process of growing crops indoors in a controlled environment. According to the market in terms of the key players, the factors turning the market, and the factors hampering the growth, along with the competition present in the global indoor farming market. One of the significant reasons for the declining yield is that the cultivable land is contracting from year to year. Other reasons for minimum yield are unfavorable weather conditions, such as droughts, floods, soil erosion, and heavy utilization of pesticides, which have been declining the fertility of the soil, worldwide. The key reasons for maximizing crop yields are to feed the growing population and to meet the demand for food.
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Prominent companies influencing the Indoor Farming Market landscape include:
AeroFarms (USA), Bright Farms Inc. (USA), Bowery Inc. (USA), Crop One Holdings (USA), Metropolis Farms Inc. (USA), Garden Fresh Farms (USA), Village Farms International Inc. (Canada), Green Sense Farms LLC (USA), Sky Greens (Sky Urban Solutions) (Singapore), Superior Fresh Farms (USA), Windset Farms (Canada), Gotham Greens (USA), 80AcresFarms (USA), Freight Farms, Inc. (USA), AppHarvest (USA), Vertical Harvest (USA), Greener Crop Inc. (USA), Eden Green Technology (USA), INFARM (Germany), Living Greens Farm, Inc. (USA), Revol Greens (USA), Modular Farms (Canada), and Other Major Players
The report addresses key questions that industry players and investors are keen to answer:
- Which market segments will develop in developed and emerging markets over the next 5 to 10 years?
- How are regulatory policies affecting the Keyword industry?
- Which genres/application segments in Keyword will we witness significant adoption in the next decade?
- What innovative products are similar companies developing in the Keyword sector through R&D activities?
- How are different players, both large and small, strategizing their channels in Indoor Farming Markets?
- Moreover, by keeping a finger on the pulse of the market, this report provides valuable insights into the key drivers, challenges and opportunities in Industry.
Regional insights regarding the Indoor Farming Market are primarily covered in the region-specific sections, including:
- North America
- South America
- Asia Pacific
- Middle East and Africa
- Europe
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Segments Covered:
Market Segmentation Analysis is a crucial component, categorizing the Indoor Farming Market based on type, product, end-user, and more, facilitating a precise market description.
By Growing System
- Aeroponics
- Hydroponics
- Aquaponics
- Soil-Based
- Hybrid
By Facility Type
- Glass or Poly Greenhouses
- Indoor Vertical Farms
- Container Farms
- Indoor Deep-Water Culture Systems
By Crop Type
- Fruits and Vegetables
- Herbs and Microgreens
- Flowers and Ornamentals
In addition to answering these important questions, the report also offers a glimpse into the future by forecasting the course of the Indoor Farming Market. It is an invaluable resource for making data-driven decisions, as it provides a roadmap to guide the development of the market during the forecast periods.
Conclusion
In conclusion, this report unleashes the power of data-driven decisions with our market research report Indoor Farming Market. It is your compass to navigate the changing market landscape and secure your position as market leader.
This report addresses a wide range of industry participants, from seasoned experts seeking to learn about the dynamic Indoor Farming Market to newcomers looking for guidance. Customization options are available to meet specific needs and ensure relevance to various target audiences.
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