Indoor Farming Market 2021 Growth, Trends, Leading Players and Business Insights Forecast to 2026| Bright Farms Inc, Bowery Inc, FreshBox Farms, Metropolis Farms Inc,AeroFarms

This report studies the Indoor Farming market in many aspects of the industry such as market size, market conditions, market trends and forecasts, and the report also provides brief information on competitors and specific growth opportunities with key market drivers. To provide, find complete Indoor Farming market analysis segmented by company, region, type and application in the report.

The report provides regional analysis and valuable insights into the progress of the Indoor Farming market and approaches related to the Indoor Farming market. The report talks about the dominant aspects of the market and examines each segment.

The global micro-irrigation systems market was valued at USD 4,443.9 million in 2017, and it is projected to reach USD 10134.6 million by 2024, witnessing a CAGR of 13.1% over the forecast period.

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Top Companies in the Indoor Farming Market- AeroFarms, Bright Farms Inc, Bowery Inc, FreshBox Farms, Metropolis Farms Inc, Garden Fresh Farms, Village Farms International Inc, Green Sense Farms LLC, Sky Greens (Sky Urban Solutions) and other.

Company Profile
Business Segments Analysis
Financial Analysis
SWOT analysis & Porter’s Five Forces Analysis
Possible Impact of COVID- 19 on Latest Market Conditions (Drivers, Restraints, Trends and Opportunities)

Industry News and Updates:
The concept of indoor farming has induced a paradigm shift in food production with the minimization of land use. Owing to the newly growing mechanisms in indoor farming such as hydroponics, aeroponics, aquaponics, soil-based and hybrid techniques, the market is estimated to grow rapidly during the forecast period. According to the World Bank database, the total arable land per capita has decreased from 0.199 hectares in 2010 to 0.192 hectares in 2016. The United Nations Food and Agriculture Organisation has reported that land degradation is the major factor causing the reduction in global arable land. Singapore has set an example by optimizing its agricultural land use by means of vertical farming as a part of its Food Security Road Map, which is an outcome of the 43rd Committee of World Food Security held in 2016. The various advantages of greenhouse farming and vertical farming, such as limited land use, year-round cultivation, and longer shelf life, are further driving the overall indoor farming market globally and in the Asia-Pacific and African belts in particular.

 

Key Market Trends:
The market for indoor farming is highly fragmented with the top players accounting for a minor share and the other small companies capturing the major share in the market. Some of the notable players in the market are AeroFarms, Bright Farms Inc., Bowery Inc., FreshBox Farms, Metropolis Farms Inc., Garden Fresh Farms, Village Farms International Inc and others. The most adopted strategies for these companies have been mergers and acquisitions as well as incurring investments for setting up of farms globally. For instance, AeroFarms, the aeroponics giant based in the US, included IKEA Group and Momofuku Group for investments worth USD 40 million for its global expansion in 2017.

 

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Geographic Coverage-
The report contains detailed country-level analysis, market revenue, market value and forecast analysis of ingestion, revenue and Indoor Farming Market share, growth speed, historical and forecast (2015-2026) of these regions are covered:

-North America (the United States, Canada, and Mexico)

-Europe (Germany, France, UK, Russia, and Italy)

-Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

-South America (Brazil, Argentina, etc.)

-Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

The current market situations and prospects of the sector also have been examined. Additionally, prime strategical activities in the market, which include product developments, mergers, and acquisitions, partnerships, etc., are discussed. Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.)

Major Points Covered in Table of Contents:

– Overview of Indoor Farming Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

Key Questions Answered by Indoor Farming Market Report

What was the Indoor Farming Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2026).
What will be the CAGR of Indoor Farming Market during the forecast period (2021-2026)?
Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2026).
Which manufacturer/vendor/players in the Indoor Farming Market was the market leader in 2020?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market. Market will experience a noticeable growth during the forecast period 2021-2026

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