Indoor Farming Market Blooms: Market Set to Reach US$47.19 Billion by 2030

Market Size:

The Indoor Farming market is flourishing, with a projected value of US$47.19 billion by 2030. This signifies a significant growth from US$22.73 billion in 2023, reflecting a compound annual growth rate (CAGR) of 11%.

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Market Dynamics:

Driven by rising concerns about food security, climate change, and increasing demand for fresh produce, the Indoor Farming market is experiencing a surge. Maximize Market Research's report explores the key drivers, restraints, and opportunities shaping this dynamic market.

Segmentation:

The report provides a granular view of the market through segmentation. By growing system, it is categorized into Aeroponics, Hydroponics, Aquaponics, Soil-Based, and Hybrid options. Facility types include Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Low-Tech Plastic Hoop Houses, and Indoor DWC systems. Crops encompass Tomatoes, Flowers, Herbs, Leafy Greens, Microgreens, and Others.

COVID-19's Impact:

The report acknowledges the impact of COVID-19 on the Indoor Farming market, analyzing disruptions to supply chains and initial hesitations in new investments. However, it explores how the pandemic highlighted the importance of resilient food production systems, potentially accelerating the adoption of indoor farming technologies in the long run.

Trends:

Maximize Market Research identifies key trends influencing the future of Indoor Farming. The report highlights the growing adoption of automation and artificial intelligence for climate control and crop monitoring. Additionally, it explores the increasing focus on sustainable practices and energy-efficient solutions within the industry.

Regional Analysis:

The report offers a comprehensive regional analysis, examining factors driving market growth in North America, Europe, Asia Pacific, and the Rest of the World. It explores regional variations in government regulations, consumer preferences, and technological advancements impacting indoor farming adoption.

Key Developments:

The report tracks key developments in the Indoor Farming market, including new product launches, strategic partnerships, and mergers and acquisitions. This information provides valuable insights into the competitive landscape and potential future growth opportunities.

Major Manufacturers:

  • North America:
    • AeroFarms (USA)
    • Plenty Unlimited Inc. (USA)
    • Bowery Farming (USA)
    • BrightFarms (USA)
    • Gotham Greens (USA)
    • LumiGrow (USA)
    • Illumitex (USA)
    • Argus Control System Limited (Canada)
  • Europe:
    • Infarm (Germany)
    • GrowUp Farms (UK)
    • Jones Food Company (UK)
    • LettUs Grow (UK)
    • UrbanFarmers AG (Switzerland)
    • Richel Group (France)
    • Agrilution (Germany)
  • Asia-Pacific:
    • Spread Co. Ltd. (Japan)
    • Sky Greens (Singapore)
    • UrbanKisaan (India)
    • SananBio (China)
    • Crop One Holdings (Singapore)

  • Table of Contents: Function as a Service Market

    • Part 1: Overview of Function as a Service Market

    • Part 2: Epigenetics Carts: Global Market Status and Forecast by Regions

    • Part 3: Global Market Status and Forecast by Types

    • Part 4: Global Market Status and Forecast by Downstream Industry

    • Part 5: Market Driving Factor Analysis

    • Part 6: Market Competition Status by Major Manufacturers

    • Part 7: Major Manufacturers Introduction and Market Data

    • Part 8: Upstream and Downstream Market Analysis

    • Part 9: Cost and Gross Margin Analysis

    • Part 10: Marketing Status Analysis

    • Part 11: Market Report Conclusion

    • Part 12: Epigenetics: Research Methodology and Reference

     

Table of Contents: Function as a Service Market

• Part 1: Overview of Function as a Service Market

• Part 2: Epigenetics Carts: Global Market Status and Forecast by Regions

• Part 3: Global Market Status and Forecast by Types

• Part 4: Global Market Status and Forecast by Downstream Industry

• Part 5: Market Driving Factor Analysis

• Part 6: Market Competition Status by Major Manufacturers

• Part 7: Major Manufacturers Introduction and Market Data

• Part 8: Upstream and Downstream Market Analysis

• Part 9: Cost and Gross Margin Analysis

• Part 10: Marketing Status Analysis

• Part 11: Market Report Conclusion

• Part 12: Epigenetics: Research Methodology and Reference 

A complete research report and an in-depth TOC contain tables and figures on the: https://www.maximizemarketresearch.com/market-report/global-indoor-farming-market/110252/ 

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