Indoor Farming Market Size Worth USD 45.23 In 2032 | Published by Emergen Research

The global indoor farming market size was USD 17.80 Billion in 2022 and is expected to register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for fresh foods with nutritive value is the primary factor driving market revenue growth. Indoor farming is the practice of producing plants and crops on a large or small scale totally indoors using hydroponics and artificial light. Artificial light is essential to provide nutrients to the plant and promote plant development. Indoor farming has numerous advantages, such as ability to modify climatic conditions of the farm based on their needs, and pest contamination of crops.
In addition, technological advancements in indoor farming methods is another key factor driving revenue growth of the market.

For instance, on 9 June 2023, Certhon and Living Greens Farm announced a collaboration to further develop and spread Living Greens Farm's aeroponic technology globally. Their game-changing vertical farming technique provides a one-of-a-kind product proposition for full-size head lettuce varietals with an extremely long shelf life, as well as ready-to-eat bagged salads and salad kits. However, high initial expenditure owing to great complexity of creating a commercial operation is a key factor, which could restrain market revenue growth.

The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/2523

Drivers of Indoor Farming Market Growth :
Several factors are driving the growth of the indoor farming market. One of the primary drivers is the increasing global population coupled with shrinking arable land availability. Indoor farming allows for efficient utilization of space, making it possible to grow crops in urban areas or regions with limited agricultural land. Additionally, the growing demand for fresh produce year-round, regardless of seasonal variations, is fueling the adoption of indoor farming technologies.

Advantages and Growth Factors :
Indoor farming offers numerous advantages over traditional farming methods, contributing to its growth. Firstly, it enables precise control over environmental factors, resulting in higher yields and better quality crops. Secondly, it reduces the dependency on pesticides and herbicides, making it an environmentally sustainable option. Moreover, indoor farming requires less water compared to conventional agriculture, addressing concerns related to water scarcity. These advantages have led to increased investments in research and development, driving technological advancements in the indoor farming sector.

The report also discusses the key players involved in the market such as:
AeroFarms, Bowery Farming Inc., BrightFarms, Gotham Greens, 80AcresFarms, Freight Farms, Inc., AppHarvest, Vertical Harvest, Greener Crop Inc., Eden Green Technology, INFARM, Living Greens Farm, Inc., Revol Greens, Modular Farms, Crop One, Heliospectra, Sundrop Farms, Lufa Farms Inc., Urban Crop Solutions, and Farmshelf.

The report provides a thorough estimation of the overall impact of the pandemic on the Indoor farming market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Indoor farming market

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2523

Segment Analysis
Emergen Research has segmented the global indoor farming market on the basis of crop type, technology, component, farm size, end-use, and region:

• Indoor Farming Type Insights: (Revenue, USD Billion; 2019-2032)
o Leafy Greens
o Herbs
o Fruits
o Microgreens
o Root Vegetables
o Mushrooms
o Others

• Indoor Farming Technology Insights: (Revenue, USD Billion; 2019-2032)
o Hydroponics
o Aquaponics
o Aeroponics
o Vertical Farming
o Greenhouse Farming
o Indoor Vertical Farms
o Container Farming
o Hybrid Farming

• Indoor Farming Component Insights: (Revenue, USD Billion; 2019-2032)
o Lighting Systems
o Climate Control Systems
o Irrigation Systems
o Sensors and Monitoring Devices
o Growing Media
o Nutrient Delivery Systems
o Climate Control Equipment
o Others

• Indoor Farming Farm Size Insights: (Revenue, USD Billion; 2019-2032)
o Small-Scale Farms
o Medium-Scale Farms
o Large-Scale Farms

• Indoor Farming End-use Insights: (Revenue, USD Billion; 2019-2032)
o Commercial Growers
o Community and Urban Farms
o Research and Educational Institutions
o Home and Hobbyists
o Restaurant and Retail Chains
o Canabis Cultivation
o Other Specialty Crops

• Indoor Farming Market Regional Insights: (Revenue, USD Billion; 2019-2032)
o North America Market
1. U.S.
2. Canada
3. Mexico
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Rest of Europe
o Asia Pacific
1. China
2. India
3. Japan
4. South Korea
o Rest of APAC
1. Latin America
2. Brazil
3. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
2. UAE
3. South Africa
4. Turkey
5. Rest of Middle East & Africa

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/indoor-farming-market

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.