Press release
Plant Factory Market size was valued at USD 118.2 Bn in 2022 and Plant Factory Market revenue is expected to reach USD 189.4 Bn by 2029, at a CAGR of 7.3 % over the forecast period (2023-2029).
Plant Factory Market
The report provides a detailed overview of the Plant Factory Market, highlighting its significance as a sophisticated form of controlled environment agriculture. It covers essential aspects such as market dynamics, technological advancements, trends, restraints, and regional insights. The research methodology employed ensures accurate and insightful analysis, offering valuable information for industry stakeholders.
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Plant Factory Market Dynamics:
The report identifies the growing demand for fresh, locally grown produce as a key driver propelling the Plant Factory Market. Consumers' increasing focus on freshness, nutritional value, and sustainability of food is met by plant factories, providing year-round crop production under controlled conditions. The report emphasizes how plant factories contribute to food security, reduced carbon footprint, and support local economies.
Plant Factory Market Regional Insights:
High upfront costs and consumer acceptance are identified as significant restraints for the Plant Factory Market. The report includes a detailed regional analysis, with North America holding the largest market share at 30%, driven by the demand for fresh, locally-grown produce and a focus on sustainability. The Asia Pacific region, with 24% market share, is also a dominating player due to population growth, urbanization, and a focus on sustainable agriculture.
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Plant Factory Market Segmentation:
by Technology
Hydroponics
Aeroponics
Aquaponics
Vertical Farming Systems
Artificial Lighting
Climate Control Systems
Automation
by Component
Lighting Systems
Climate Control Systems
Sensors and Monitoring Devices
Growing Media
Nutrient Delivery Systems
Automation and Control Systems
by End User
Retail Stores
Food Service
Online Grocery Delivery
Industrial Ingredient Suppliers
Plant Factory Market Key Players:
1. AeroFarms
2. Gotham Greens
3. AppHarvest
4. Bowery Farming
5. Plenty Unlimited Inc.
6. Mirai Co. Ltd.
7. Farminova
8. Iron Ox,
9. Taiksha Ltd.
10. Crop One
11. Vertical Harvest
12. Farmone
13. Smallhold
14. Oishii
15. Agricool (France)
16. AppHarvest (US)
17. BrightFarms
18. Farminova
19. Taiksha
20. Farmone
21. Smallhold
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report :https://www.maximizemarketresearch.com/market-report/plant-factory-market/203763/
Table of content for the Plant Factory Market includes:
1. Global Plant Factory Market: Research Methodology
2. Global Plant Factory 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. Global Plant Factory Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A 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
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
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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