Indoor Farming Revolution: Key Insights, Opportunities, and Forecast - 2025 - 2031 | Major Companies are AeroFarms, Bright Farms Inc., Bowery Inc.

The Global Indoor Farming Market reached USD 34.2 billion in 2022 and is expected to reach USD 56.1 billion by 2031 and is expected to grow with a CAGR of 6.4% during the forecast period 2024-2031.

The Indoor Farming Market is extensively analyzed in the latest study by DataM Intelligence, delivering a well-rounded assessment backed by reliable statistics, historical data, and strategic insights. This report profiles leading industry players, examining their product offerings, pricing strategies, financial health, and growth initiatives. It offers a clear perspective on market dynamics, competitive landscape, and emerging trends that are set to shape the industry's future.

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The indoor farming market involves growing crops in controlled, enclosed environments, like greenhouses and vertical farms, using technology to optimize conditions such as light, temperature, and humidity. This approach enables year-round cultivation, efficient water use, and minimal pesticide reliance, making it a sustainable solution for producing fresh produce in urban areas or regions with harsh climates.

List of the Key Players 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, and Argus Control System Limited.

Indoor Farming Industry Development:

In early 2022, significant developments reshaped the indoor farming industry. Local Bounti, an indoor farming company from Hamilton, Montana, made headlines on March 16, 2022, by announcing its acquisition of Hollandia Produce Group, known for its "Pete's" brand of leafy greens, in a deal valued at $122.5 million. The acquisition is anticipated to close in the early part of Q2, marking a key expansion for Local Bounti.

On January 31, 2022, leafy green vertical farming leader Kalera AS and Agrico Acquisition Corp., a special purpose acquisition company (SPAC), revealed a definitive merger agreement. This merger will see Kalera shift from its listing on Euronext Growth Oslo to becoming a publicly traded company on the NASDAQ, aligning with its ambitions for greater market reach.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Indoor Farming Market:

By Growing System: Hydroponics, Aeroponics, Hybrid, Soil-based, Aquaponics.

By Facility Type: Glass or Poly Greenhouses, Container Farms, Indoor Vertical Farms, Indoor Deep Water Culture (DWC) Systems).

By Crop Type: Fruits & Vegetables, Herbs & Microgreens, Flowers & Ornamentals, Others.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Indoor Farming Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Indoor Farming market?

➠ Who are the global key manufacturers of the Indoor Farming Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Indoor Farming market opportunities and threats faced by the vendors in the global Indoor Farming Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Indoor Farming market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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