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#Indoor Farming Market#Indoor Farming Size#Indoor Farming Growth#Indoor Farming Trend#Indoor Farming segment#Indoor Farming Opportunity#Indoor Farming Analysis 2025#Indoor Farming Forecast
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Global Indoor Farming Trends: Market to Grow at 10.1% CAGR to 2031
Astute Analytica, a prominent market research firm, has recently published a comprehensive report that offers an extensive analysis of the global Indoor Farming market. This report goes beyond mere statistics, providing deep insights into various critical aspects such as market segmentation, key players, market valuation, and regional overviews. It serves as a valuable resource for businesses and stakeholders seeking to navigate this evolving industry landscape.
Market Valuation
The report includes a thorough evaluation of the market valuation, drawing from historical data, current trends, and future projections. By employing rigorous analytical methods, it effectively captures the growth trajectory of the market. This detailed assessment allows businesses to understand the factors driving growth and make informed decisions regarding investments and strategic initiatives.
Global Indoor Farming Market is estimated to witness a rise in revenue from US$ 28.7 billion in 2022 to US$ 67.0 billion by 2031 at a healthy CAGR of 10.1% during the forecast period 2023-2031.
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Comprehensive Market Overview
Astute Analytica's report provides a holistic overview of the global Indoor Farming market. It encapsulates a wide array of information related to market dynamics, including growth drivers, challenges, and opportunities. Stakeholders can leverage these insights to formulate effective strategies and maintain a competitive edge in the market.
Key Players in the Market
The report identifies and profiles the major players who are influencing the global Indoor Farming market. Through meticulous research, it presents a clear view of the competitive landscape, detailing the strategies, market presence, and significant developments of leading companies. This section is vital for stakeholders who wish to understand the positioning and actions of their competitors.
Key Companies:
AeroFarms
AgriCool
Argus Control Systems
Bowery Farming
BrightFarms
Everlight Electronics
EXDIN Solutions
General Hydroponics
Gotham Greens
GP Solutions
Heliospectra AB
Infarm
Iron Ox
LumiGrow
Signify Holding
Sky Greens
SPREAD Co., Ltd.
Other Prominent Players
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Segmentation Analysis
A crucial component of the report is the segmentation analysis, which delves into various market segments based on industry verticals, applications, and geographic regions. This detailed examination provides stakeholders with a nuanced understanding of market dynamics, enabling them to identify opportunities for growth and areas for investment.
Market Segmentation:
By Growing System:
Hydroponics
Aeroponics
Aquaponics
Soil-based
Hybrid
By Crop Type:
Common crops
Lettuce
Chard
Cabbage
Kale
Tomatoes
Spinach
Herbs
Basil
Mint
Chives
Parsley
Microgreens
By Technology:
Controlled Environment Agriculture
Dosing systems
Sterilization Systems
Chemical disinfection
Lighting
Fluorescent grow lights
LED lighting
Air control
CO2 gassing
Compressed CO2
The Internet of Things - IoT
Sensors
By Region:
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
Rest of MEA
South America
Argentina
Brazil
Rest of Latin America
Research Methodology
Astute Analytica is recognized for its rigorous research methodology and dedication to delivering actionable insights. The firm has rapidly established a solid reputation by providing tangible outcomes to clients. The report is built on a foundation of both primary and secondary research, offering a granular perspective on market demand and business environments across various segments.
Beneficiaries of the Report
The insights presented in this report are invaluable for a range of stakeholders, including:
Industry Value Chain Participants: Those directly or indirectly involved in the Indoor Farming market need to stay informed about leading competitors and current market trends.
Analysts and Suppliers: Individuals seeking up-to-date insights into this dynamic market will find the report particularly beneficial.
Competitors: Companies looking to benchmark their performance and assess their market positions can leverage the data and analysis provided in this research.
Astute Analytica's report on the global Indoor Farming market is an essential resource that empowers stakeholders with the knowledge needed to navigate and thrive in this competitive landscape.
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Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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Indoor Farming Market Share, Rising Trends, Growth Drivers, Opportunities, Challenges, CAGR Status, Business Analysis and Future Outlook Till 2033: SPER Market Research
The practice of cultivating crops indoors without exposing them to the outside environment is commonly referred to as indoor farming. Vegetables, fruits, and herbs are the most widely cultivated indoor crops. Large-scale operations and compact spaces, such as basements, are both possible with indoor farms. Farming practices typically incorporate methods like hydroponics, where crops are nourished by artificial lighting. The yield from indoor farming technologies surpass traditional farming. A controlled environment inside the indoor farming complex creates an optimum growing conditions for the farmers to grow a crop from the seed till the harvesting stage arrives. In order to produce safer and healthier food, indoor farming technology refrains from employing any fungicides and all pesticides.
According to SPER Market Research, ‘Indoor Farming Technology Market Size- By Growing System, By Facility Type, By Component Type, By Crop Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Indoor Farming Technology Market is estimated to reach USD 48.08 billion by 2033 with a CAGR of 9.66%.
The growing issue of a shortage of land for farming or food production, as a result of the world's population growing at an accelerated rate, is driving the development of indoor farming. Major advantages of indoor farming include improved crop growth, less water use, less reliance on outdoor temperatures or weather, labour cost savings, and improved energy conservation. These advantages are driving the global adoption of indoor farming practices, which is anticipated to fuel the growth of the indoor farming technology market. Modern agriculture has benefited from indoor vertical farming, which is gaining the interest of younger people. Technology for indoor farming makes it possible to maximize agricultural productivity and ecological sustainability due to shorter harvest times and better yields in less area.
Limited funding for agriculture-related businesses slows down research and development for indoor farming in public or private universities, which restricts the amount of data and information available. High set-up cost could be a restraining factor initially in indoor farming technology market. Since indoor farming equipment uses a lot of energy, farmers may find it difficult to pay for their high electricity bills. Furthermore, there is a need for higher public awareness and comprehension on the advantages of sustainable agriculture technologies and indoor farming. In addition, the sector lacks supervision and standards, which leads to variations in the safety and quality of products.
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The COVID-19 pandemic had a range of effects on the global indoor agricultural technology sector. The pandemic has hindered market expansion by causing labour shortages, supply chain interruptions, and a decline in consumer demand for non-essential commodities. However, the outbreak has highlighted the significance of resilient and sustainable food systems as well as food security, leading to increased investment in indoor farming technology. The epidemic has also prompted the development of automation and remote monitoring tools, which let farmers to oversee and manage their indoor crops from a distance. All things considered, the pandemic has brought opportunities as well as challenges to the worldwide indoor farming technology market.
Indoor Farming Technology Market Key Players:
North America is the leading holder of share in Indoor Farming Technology Market. The need for indoor farming technology has been rising in this area as a result of the expanding involvement of international business lines in agricultural operations to satisfy crop producers' expectations to attain export-quality crops. Some of the key market players are Lumigrow, Signify Holding, Argus Control System, Everlight Electronics.
For More Information, refer to below link:-
Farming Technologies Market Future Outlook
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The Global Indoor Farming Market is projected to grow at a CAGR of around 11.2% during the forecast period, i.e., 2023-28. The World Bank Group reports that the average amount of arable land per person decreased from 0.197 hectares in 2013 to 0.192 hectares in 2016. The loss of agricultural land has primarily been brought about by its redistribution for non-agricultural uses, including urbanization, highways, industry and housing, as well as soil erosion and pollution in many developing countries.
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The Armenian market
Istanbul, Türkiye
#Istanbul#Türkiye#travel#travelphotography#old city#farm market#farmersmarket#market#marketplace#indoor#people#food market
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Belgium-based Urban Crop Solutions (UCS) and Germany’s Aixponic have developed a new technology in sustainable agriculture that cultivates saltwater plants through indoor farming technology. The collaboration addresses water scarcity issues faced by the F&B industry by minimizing freshwater usage through saltwater irrigation. It also emphasizes the broader potential of indoor vertical farming which has potential to go beyond growing leafy greens and hone in on crops with nutraceutical benefits.
The collaboration merges an indoor fish farming facility with a vertical farm, tailored to meet the specific requirements of critical environments, facilitating optimal conditions for plant cultivation
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Commercial Greenhouse Market Will Grow at Highest Pace Owing to Increasing Demand for Crops Across The Year
The commercial greenhouse market includes the manufacturing, distribution, and installation of greenhouse structures and equipment used for agricultural production. Greenhouses allow farmers to grow crops throughout the year regardless of outdoor weather conditions. They facilitate environment control by regulating factors such as temperature, humidity, carbon dioxide, irrigation, and fertilization. Some key advantages of greenhouse farming include higher yields per unit area, improved harvest frequencies, consistent product quality, and protection from pests and diseases. The growing demand for off-season crops from consumers is driving the need for commercial greenhouses globally. The global commercial greenhouse market is estimated to be valued at US$ 42.36 billion in 2022 and is expected to exhibit a CAGR of 6.2% over the forecast period 2022 to 2030. Key Takeaways Key players operating in the commercial greenhouse market are Richel Group, Argus Control Systems Ltd, Rough Brothers Inc., Certhon, Logiqs BV, Lumigrow Inc., Nexus Corporation, Hort Americas, Heliospectra AB, and Agra Tech Inc. The companies are focusing on new product launches and mergers & acquisitions to gain a competitive edge in the market. Commercial Greenhouse Market Demand for off-season crops and vegetables is a major factor boosting the commercial greenhouse market. Rapid urbanization and changing dietary preferences of consumers are increasing the year-round requirement for a variety of crops. Moreover, the rising global population is augmenting the overall agricultural production rate and thus driving the adoption of commercial greenhouses. Market Trends Integration of robotics - Commercial greenhouses are increasingly adopting robotics and autonomous systems to perform repetitive tasks like seeding, transplanting, harvesting, and packaging. This is reducing the dependency on manual labor and improving productivity. Adoption of IoT - IoT sensors are being installed in commercial greenhouses to monitor critical parameters like temperature, humidity, sunlight, water, and fertilizer levels. The data collected is helping operators leverage data analytics for optimizing operations, minimizing wastage and boosting yields. Market Opportunities Rising demand in emerging economies - Countries like China, India, Brazil, Mexico are witnessing increased greenhouse adoption to boost their overall agricultural production and meet the rising food demand of their growing populations. This presents lucrative market opportunities. Growth of vertical farming - Commercial vertical greenhouses enable year-round farming in stacked layers with optimal resource utilization. Their use could help address issues like urban food scarcity. Impact of COVID-19 on Commercial Greenhouse Market Growth The COVID-19 pandemic significantly impacted the commercial greenhouse market globally. During the lockdowns imposed worldwide from early 2020, the supply chain disruptions affected the market negatively. Delays in projects, shortage of materials and workforce, and logistic issues hampered overall market growth. However, as the farming and agricultural activities were declared essential, the commercial greenhouse market witnessed steady demand. Post lockdowns, with gradual relaxation of norms, the market regained lost momentum.
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#Coherent Market Insights#Urbanization Impact#Indoor Agricultural Practices#Modern Farming Techniques#Greenhouse Equipment
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The global indoor farming market size reached USD 22.3 Billion in 2024. IMARC Group expects the market to reach USD 47.2 Billion by 2033, exhibiting a growth rate (CAGR) of 8.63% during 2025-2033. The market is experiencing steady growth driven by rising preferences for sustainable and locally sourced food options, continuous technological advancements in indoor farming practices, and the widespread adoption of automation systems, including robotic arms and conveyor belts.
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Hydroponics Market Poised for Rapid Growth Revolutionizing Agriculture with Sustainable, Soilless Cultivation
Hydroponics is the process of growing plants in a soilless environment with mineral nutrient solutions instead of soil. Hydroponics offers several advantages over traditional soil-based agriculture such as higher yield per unit area, minimal environmental effect, and independence from weather and pests. Hydroponic systems provide the plants with essential nutrients and water directly to their roots through dissolvable fertilizers. It makes use of less water as there is no run-off and drainage and produces quicker growth of plants.
The Hydroponics Market is estimated to be valued at US$ 10.6 billion in 2028 and is expected to exhibit a CAGR of 12% over the forecast period 2028. Key Takeaways Key players operating in the Hydroponics Market are Argus Control Systems Ltd., BrightFarms Inc., Circle Fresh Farms, Horti Tech, Hydrodynamics International, and Koninklijke Philips NV. Hydroponics facilitates higher yields and more frequent harvests per year compared to traditional farming. It produces yields 4-6 times greater than soil-based agriculture while using 95% less water. Key players are expanding their production facilities globally to meet the growing demand for contamination-free vegetables and fruits. The growing Hydroponics Market Growth for organic foods and rising environmental concerns over conventional farming practices are fueling the adoption of hydroponics worldwide. Furthermore, scarcity of arable land and shortage of freshwater resources are encouraging farmers to opt for sustainable soilless cultivation techniques. Countries in Asia Pacific and Middle East & Africa regions are increasingly implementing hydroponic farming systems to ensure food security. Market Key Trends One of the major trends in the hydroponics market is the increasing investment in indoor vertical farming projects. Indoor vertical farms maximize space utilization and enable year-round production regardless of weather conditions. Led by artificial intelligence (AI) and Internet of Things (IoT), they facilitate real-time monitoring of hydroponic parameters for optimum plant growth. With several notable projects underway, vertical farming is expected to revolutionize urban agriculture.
Porter's Analysis Threat of new entrants: Low startup costs and technical know-how are relatively low barriers for new entrants in hydroponics market. Bargaining power of buyers: Large retail buyers and online platforms have significant bargaining power against hydroponics suppliers. Bargaining power of suppliers: Specialized equipment manufacturers and distributors of hydroponic nutrients have some bargaining power over cultivators. Threat of new substitutes: Technologies like aeroponics and aquaponics pose threat of substitution to hydroponics systems in long run. Competitive rivalry: Many small and medium scale cultivators compete intensely to supply vegetables through grocers as well as online platforms. Geographical Regions North America accounts for the largest share in global hydroponics market, driven by early adoption and higher consumer spend in the US and Canada. Countries like Netherlands, Germany, Spain are the major markets in Europe due to emphasis on sustainable agricultural practices. Major share of hydroponics produce in Asia Pacific is concentrated in China, Japan and Australia owing to land and water constraints in these densely populated nations. The fastest growing regional market for hydroponics is Latin America led by Brazil, Chile and Colombia. This growth can be attributed to rising area under greenhouse cultivation supported by government initiatives and increasing exports of high value crops. Countries like Kenya and Morocco in Africa are also emerging as lucrative markets for hydroponics with growing commercial greenhouse industry.
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#Global Indoor Farming Technology Market#Global Indoor Farming Technology Market Size#Global Indoor Farming Technology Market Share#Global Indoor Farming Technology Market Trends#Global Indoor Farming Technology Market Demand
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Indoor Farming Technology Market Booms as Demand for Sustainable Agriculture Grows
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#bijamrut#seed treatment market#seeds#organic farming#gardening#indoor plants#urban gardening#herbs#organic#herbal#spnfamily#subhash palekar
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Indoor Farming Market Outlook for Forecast Period (2023 to 2030)
Indoor Farming Market was valued at USD 34790 million in 2021 and is expected to reach USD 53570 million by the year 2028, at a CAGR of 6.36%.
The rising interest in indoor farming has been acting as a critical point for the food supply chain as the world population is expected to gain 9.8 billion by 2050, and the effects of global warming on nutrient depletion in crops have been posing as a threat for crop production. In these situations, indoor farming has been proving to be an efficient way to produce more food with few resources than conventional farming, without depending on arable land availability and external climate conditions. The indoor farming industry is prominently by the greenhouse technologies, but due to increasing technological innovations and interest among the growers, other branches, such as aeroponics and hydroponics, are also observed to be growing.
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Leading players involved in the Indoor Farming Market include:
Philips Lighting, Everlight Electronics, Argus Controls Systems, Netafim, Lumigrow, Logiqs, Illumitex, Vertical Farm Systems, Hydrodynamics International, General Hydroponics, Richel Group, American Hydroponics, Agrilution and Other Major Players.
The latest research on the Indoor Farming market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indoor Farming industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indoor Farming market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation of Indoor Farming Market:
By Growing System
Alumina
Titanite
Zirconia
Silicon Carbide
Aluminum Nitride
Silicon Nitride
Other
By Facility Type
Monolithic Ceramics
Ceramic Matrix Composites
Ceramic Coating
By Crop Type
Electrical and Electronics
Transportation (Aerospace & Automotive)
Medical Industrial Defense
Security Chemical
Other
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Access a detailed breakdown of the Indoor Farming Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
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Obtain a detailed analysis of competitors and their key tactics in the Indoor Farming Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.
6. Accurate Business Forecasting:
Evaluate the accuracy of global Indoor Farming Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.
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Greenhouse, Indoor & CEA Growers/Consultants Database - Email List
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#agriculture#agritech#business leads#Cannabis#cannabis growers#cannabis tech#CEA#Email List#green house#horticulture#hydroponics#indoor farming#marketing database#targeted email list#vertical farming
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Global Indoor Farming Market Report
The Global Indoor Farming Market is projected to grow at a CAGR of around 11.2% during the forecast period, i.e., 2023-28. The World Bank Group reports that the average amount of arable land per person decreased from 0.197 hectares in 2013 to 0.192 hectares in 2016. The loss of agricultural land has primarily been brought about by its redistribution for non-agricultural uses, including urbanization, highways, industry and housing, as well as soil erosion and pollution in many developing countries.
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