Press release
Indoor Farming Market to Reach USD 42.53 Bn by 2029, emerging at a CAGR of 11 percent and forecast 2023-2029
Indoor Farming Market
Our comprehensive report provides detailed insights into the global indoor farming market, including key drivers, restraints, and regional insights. We delve into the impact of new technologies, such as vertical farming and controlled environment agriculture (CEA), on market growth.
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Indoor Farming Market Research Methodology:
Our research methodology employs a robust approach to assess critical factors driving market growth, including the potential for fully automated urban farms based on vertical and controlled agriculture.
What are Indoor Farming Market Dynamics:
One of the key advantages of indoor farming is that it produces more than traditional agricultural methods. Farmers benefit from indoor farming facilities because they provide perfect growing conditions, allowing them to nurture a crop from seed to harvest in less time and with higher yields in each cycle while using less land. According to USDA figures, the average output of greenhouse hydroponic tomatoes in 2022 was 10.59 pounds per square foot, compared to 1.85 pounds per square foot for conventionally produced tomatoes. As a result, indoor farms can increase crop output by stacking additional layers and enlarging the growing space.
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Indoor Farming Market Regional Insights:
Europe: In 2022, Europe held the largest share of the global indoor farming market, with a 32% market share. The region's growth is driven by the adoption of indoor farm technology, including Controlled Environment-Agriculture (CEA).
North America: The rapid growth of greenhouses and vertical farms in the United States and Canada positions North America as a major marketplace for indoor farm technology. Rooftop farms and urban agriculture trends are gaining momentum.
What is Indoor Farming Market Segmentation:
by Growing
System Hydroponics
Aeroponics
Aquaponics
Soil-based
Hybrid
by Facility Type
Greenhouses
Vertical Farms
Others
by Component Hardware
Software
by Crop Type
Fruits, Vegetables, & Herbs
Flowers & Ornamentals
Others
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Who are Indoor Farming Market Key Players:
1. Richel Group (France)
2. Netafim (Israel)
3. LumiGrow (U.S.)
4. Illumitex (U.S.)
5. Hydrodynamics International (U.S.)
6. Agrilution (Germany)
7. Argus Control System Limited (Canada)
8. Signify Holding (Netherlands)
9. Everlight Electronics (China)
10. Logiqs (Netherlands)
11. American Hydroponics (US)
12. Vertical Farm Systems (Australia)
13. General Hydroponics (US)
14. Heliospectra AB (Sweden)
15. Scotts Miracle Gro (US)
Table of content for the Indoor Farming Market Includes:
Indoor Farming Market : Research Methodology
Indoor Farming Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Indoor Farming Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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