Indoor Farming Technology Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Indoor Farming Technology Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Indoor Farming Technology Market Size and Its Estimated Growth Rate?
The market size of indoor farming technology has seen a significant expansion in the past few years. The sector, valued at $37.22 billion in 2024, is projected to rise to $42.08 billion in 2025, representing a compound annual growth rate (CAGR) of 13.1%. The historical period's growth is credited to factors such as a growing demand for sustainable agriculture, urban sprawl, the local food movement, and a rising population.

The market size of indoor farming technology is set to undergo swift expansion in the forthcoming years, reaching a value of $68.28 billion in 2029 with a compound annual growth rate (CAGR) of 12.9%. Factors such as climate change, water scarcity, changes in consumer preferences, government backing and incentives, global pandemic, and worries over food security contribute to the predicted growth within this period. Key trends that are anticipated during this period comprise of increased investment, advances in technology, vertical farming, Controlled Environment Agriculture (CEA), advancements in LED lighting, robotics and automation, usage of artificial intelligence and data analytics, introduction of new crops and varieties, and increased collaboration and partnerships.

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How Are Emerging Segments Shaping the Indoor Farming Technology Market Landscape?
The indoor farming technology market covered in this report is segmented -

1) By Crop Type: Fruits And Vegetables, Flowers And Ornamentals, Herbs And Microgreens
2) By Component: Hardware, Software And Services, Integrated Systems
3) By Facility Type: Glass Or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Culture Systems
4) By Growing System: Aeroponics, Aquaponics, Hybrid

Subsegments:
1) By Fruits And Vegetables: Tomatoes, Lettuce, Peppers, Cucumbers, Strawberries
2) By Flowers And Ornamentals: Cut Flowers, Potted Plants, Foliage Plants
3) By Herbs And Microgreens: Basil, Cilantro, Chives, Radish Microgreens, Other Herbs And Microgreens

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Which Growth Factors Are Influencing Indoor Farming Technology Market Expansion?
The trend towards vertical farming in agriculture is anticipated to fuel the indoor farming technology market's expansion. Vertical farming offers many benefits including improved crop growth, decreased water consumption, minimal reliance on external weather or temperature conditions, lower labor expenses, and better energy preservation. As per a popular farming forum, when it comes to vertical farming, Europe is experiencing a significant growth. There is keen competition between countries to dominate this market which has led to the emergence of many new farms. For example, Jones Food Company in the UK annually produces approximately 400 tons of vegetables like kale, coriander, and radish through vertical farming. The company occupies around 5,000 square meters of space for vertical farming in Europe. Hence, the utilization of vertical farming practices is propelling the development of the indoor farming technology sector.

Who Are the Dominant Players Across Different Indoor Farming Technology Market Segments?
Major companies operating in the indoor farming technology market include Advanced Nutrients Holdings Inc., Agrilution GmbH, American Hydroponics LLC, BrightFarms Inc., General Hydroponics Inc., Hydrodynamics International Inc., Logiqs B. V., Netafim USA, Richel Group SA, Vertical Farm Systems Pty Ltd, AeroFarms LLC, Bowery Farming Inc., Emerald Harvest Inc., Freight Farms Inc., FreshBox Farms LLC, Grobo Inc., Metropolis Farms Inc., The Scotts Miracle-Gro Company, VitaLink Limited, Plenty Unlimited Inc., Crop One Holdings Inc., 80 Acres Farms LLC, Oasis Biotech Limited, AppHarvest Inc., Gotham Greens Holdings LLC, Green Sense Farms Holdings Inc., Lufa Farms Inc., Farm. One Inc., Infarm AG, Square Roots Inc., iFarm Project Ltd., Urban Crop Solutions NV, Local Roots Farms LLC, Kalera Inc., Valoya Oy, Heliospectra AB, Fluence by OSRAM GmbH, AEssenseGrows Inc., Nordic Harvest A/S

What Are the Latest Developing Trends in the Indoor Farming Technology Market?
Collaborative alliances are steering the course of the indoor farming technology market. Businesses involved in unified endpoint management are entering into collaborative ties. As a case in point, Seasony, a robotics firm originating from Denmark, entered into a partnership with iFarm LLC in May 2023. Through this collaboration, iFarm's clients can now streamline transportation and monitoring procedures by incorporating the Watney mobile robot platform into their farming set-ups. This affiliation allows farmers to utilize an efficient and sustainable method for indoor agriculture, sparking a transformative shift in the farming industry. Based in Finland, iFarm LLC offers technology solutions for indoor farming.

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Which Geographic Regions Are Expected to Dominate the Indoor Farming Technology Market in the Coming Years?
North America was the largest region in the indoor farming technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the indoor farming technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Indoor Farming Technology Market?
2. What is the CAGR expected in the Indoor Farming Technology Market?
3. What Are the Key Innovations Transforming the Indoor Farming Technology Industry?
4. Which Region Is Leading the Indoor Farming Technology Market?

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