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Press Release:

Global Indoor Farming Market to Grow at 11.8% During 2022-2027, Impelled by Development of Semi-Automated Greenhouse Facilities

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
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Indoor Farming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global indoor farming market reached a value of US$ 15.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.1 Billion by 2027, exhibiting at a CAGR of 11.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Indoor farming is a part of modern agriculture for growing crops in a protected environment. The market for Indoor farming is increasing globally catalyzed by the rising world population and a consequent demand for building secure and consistent food supplies. Conventional agriculture is locationally tied to areas with sufficient land and water. As the amount of vacant arable land and water to support conventional agriculture is dwindling, the demand of indoor farming is increasing as it is decoupled from such needs and can be located closer to end consumption. 

 

 
 

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The scarcity of land for farming across the world is one of the primary factors catalyzing indoor farming growth. As the global population continues to develop and urbanize, farmers are opening indoor facilities closer to these urban areas creating a local, stable, and sustainable year-round food supply. In addition to this, the increasing instances of droughts, floods, and other natural disasters across the globe have raised concerns over food security. This, in turn, has prompted the growth of indoor agriculture in such countries. Moreover, high-tech, fully controlled, and semi-automated greenhouse facilities in rural areas and its environmentally friendly farming practices have also driven the market demand for indoor farming. Furthermore, the growth in technological advancements in farming sensors, monitoring, and regulating devices for each aspect of cultivation has further propelled the growth of this market. Additionally, this technique enables food production in a sustainable surrounding without chemical pesticides, hence increasing the production for organic yields, which is currently in strong demand from the consumer end.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global indoor farming market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on facility type, crop type, component and growing system.

Breakup by Facility Type:

 

 
 

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  • Greenhouse
  • Indoor Vertical Farms
  • Container Farms
  • Indoor Deep Water Culture
  • Others
     

Breakup by Crop Type:

  • Fruits, Vegetables and Herbs
    • Lettuce
    • Spinach
    • Kale
    • Tomato
    • Herbs
    • Bell and Chilli Peppers
    • Strawberry
    • Cucumber
    • Others
  • Flowers and Ornamentals
    • Annuals
    • Perennials
    • Ornamentals
    • Others
  • Others
     

Breakup by Component:

  • Hardware
    • Structure
    • LED Lights
    • HVAC
    • Climate Control System
    • Irrigation Systems
    • Others
  • Software
    • Web-based
    • Cloud-based
       

Breakup by Growing System:

  • Aeroponics
  • Hydroponics
  • Aquaponics
  • Soil-based
  • Hybrid
     

Breakup by Region:

 

 
 

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  • Asia Pacific
    • China
    • Japan
    • Singapore
    • South Korea
    • Others
  • North America
    • United States
    • Canada
  • Europe
    • Netherlands
    • Germany
    • United Kingdom
    • France
    • Italy
    • Others
  • Latin America
    • Mexico
    • Brazil
    • Others
  • Middle East & Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AeroFarms, Agricool, Agrilution Systems GmbH, AutoGrow Systems Ltd., Bowery Farming, Bright Farms Inc. (Cox Enterprises, Inc.)., Freight Farms, FreshBox Farms, Garden Fresh Farms, Green Sense Farms Holdings, Inc., Logiqs B.V., Plenty Unlimited, Inc., SananBio, Sky Greens, SPREAD Co., Ltd., Urban Crop Solutions, and Voeks Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Facility Type, Crop Type, Component, Growing System, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Netherlands, Germany, United Kingdom, France, Italy, China, Japan, Singapore, South Korea, Brazil, Mexico
Companies Covered AeroFarms, Agricool, Agrilution Systems GmbH, AutoGrow Systems Ltd., Bowery Farming, Bright Farms Inc. (Cox Enterprises, Inc.)., Freight Farms, FreshBox Farms, Garden Fresh Farms, Green Sense Farms Holdings, Inc., Logiqs B.V., Plenty Unlimited, Inc., SananBio, Sky Greens, SPREAD Co., Ltd., Urban Crop Solutions, and Voeks Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: 2499
Five User License: 3499
Corporate License: 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study    
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Indoor farming Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Facility Type 
    6.1    Greenhouse
          6.1.1    Market Trends 
          6.1.2    Market Forecast 
    6.2    Indoor Vertical Farms
          6.2.1    Market Trends 
          6.2.2    Market Forecast 
    6.3    Container Farms
          6.3.1    Market Trends 
          6.3.2    Market Forecast 
    6.4    Indoor Deep Water Culture
          6.4.1    Market Trends 
          6.4.2    Market Forecast 
    6.5    Others
          6.5.1    Market Trends 
          6.5.2    Market Forecast
7   Market Breakup by Crop Type
    7.1    Fruits, Vegetables, and Herbs
          7.1.1    Lettuce
              7.1.1.1 Market Trends
              7.1.1.2 Market Forecast
          7.1.2    Spinach
              7.1.2.1 Market Trends
              7.1.2.2 Market Forecast
          7.1.3    Kale
              7.1.3.1 Market Trends
              7.1.3.2 Market Forecast
          7.1.4   Tomato
              7.1.4.1 Market Trends
              7.1.4.2 Market Forecast
          7.1.5    Herbs
              7.1.5.1 Market Trends
              7.1.5.2 Market Forecast
          7.1.6    Bell and Chilli Peppers
              7.1.6.1 Market Trends
              7.1.6.2 Market Forecast
          7.1.7    Strawberry
              7.1.7.1 Market Trends
              7.1.7.2 Market Forecast
          7.1.8    Cucumber
              7.1.8.1 Market Trends
              7.1.8.2 Market Forecast
          7.1.9    Others
              7.1.9.1 Market Trends
              7.1.9.2 Market Forecast
    7.2    Flowers and Ornamentals
          7.2.1    Annuals
              7.2.1.1 Market Trends
              7.2.1.2 Market Forecast
          7.2.2    Perennials
              7.2.2.1 Market Trends
              7.2.2.2 Market Forecast
          7.2.3    Ornamentals
              7.2.3.1 Market Trends
              7.2.3.2 Market Forecast
          7.2.4    Others
              7.2.4.1 Market Trends
              7.2.4.2 Market Forecast
    7.3    Others
          7.3.1    Market Trends
          7.3.2    Market Forecast
8   Market Breakup by Component
    8.1    Hardware
          8.1.1    Structure
              8.1.1.1 Market Trends
              8.1.1.2 Market Forecast
          8.1.2    LED Lights
              8.1.2.1 Market Trends
              8.1.2.2 Market Forecast
          8.1.3    HVAC
              8.1.3.1 Market Trends
              8.1.3.3 Market Forecast
          8.1.4    Climate Control System
              8.1.4.1 Market Trends
              8.1.4.2 Market Forecast
          8.1.5    Irrigation System
              8.1.5.1 Market Trends
              8.1.5.2 Market Forecast
          8.1.6    Others
              8.1.6.1 Market Trends
              8.1.6.2 Market Forecast
    8.2    Software
          8.2.1    Web-based
              8.2.1.1 Market Trends
              8.2.1.2 Market Forecast
          8.2.2    Cloud-based
              8.2.2.1 Market Trends
              8.2.2.2 Market Forecast
9   Market Breakup by Growing System
    9.1    Aeroponics
          9.1.1    Market Trends 
          9.1.2    Market Forecast 
    9.2    Hydroponics
          9.2.1    Market Trends 
          9.2.2    Market Forecast 
    9.3    Aquaponics
          9.3.1    Market Trends 
          9.3.2    Market Forecast 
    9.4    Soil-based
          9.4.1    Market Trends 
          9.4.2    Market Forecast 
    9.5    Hybrid
          9.5.1    Market Trends 
          9.5.2    Market Forecast
10  Market Breakup by Region
    10.1    Asia Pacific
          10.1.1    China
              10.1.1.1 Market Trends
              10.1.1.2 Market Forecast
          10.1.2    Japan
              10.1.2.1 Market Trends
              10.1.2.2 Market Forecast
          10.1.3    Singapore
              10.1.3.1 Market Trends
              10.1.3.2 Market Forecast
          10.1.4    South Korea
              10.1.4.1 Market Trends
              10.1.4.2 Market Forecast
          10.1.5    Others
              10.1.5.1 Market Trends
              10.1.5.2 Market Forecast
    10.2    North America
         10.2.1    United States
              10.2.1.1 Market Trends
              10.2.1.2 Market Forecast
         10.2.2    Canada
              10.2.2.1 Market Trends
              10.2.2.2 Market Forecast 
    10.3    Europe
         10.3.1    Netherlands
              10.3.1.1 Market Trends
              10.3.1.2 Market Forecast 
         10.3.2    Germany
              10.3.2.1 Market Trends
              10.3.2.2 Market Forecast 
         10.3.3    United Kingdom
              10.3.3.1 Market Trends
              10.3.3.2 Market Forecast 
         10.3.4    France
              10.3.4.1 Market Trends
              10.3.4.2 Market Forecast 
         10.3.5    Italy
              10.3.5.1 Market Trends
              10.3.5.2 Market Forecast 
         10.3.6    Others
              10.3.6.1 Market Trends
              10.3.6.2 Market Forecast 
    10.4    Latin America
         10.4.1    Mexico
              10.4.1.1 Market Trends
              10.4.1.2 Market Forecast 
         10.4.2    Brazil
              10.4.2.1 Market Trends
              10.4.2.2 Market Forecast 
         10.4.3    Others
              10.4.3.1 Market Trends
              10.4.3.3 Market Forecast 
   10.5    Middle East & Africa
         10.5.1    Market Trends 
         10.5.2    Breakup by Country
         10.5.3    Market Forecast 
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
       14.3.1    AeroFarms
       14.3.2    Agricool
       14.3.3    Agrilution Systems GmbH
       14.3.4    Autogrow Systems Ltd
       14.3.5    Bowery Farming Inc.
       14.3.6    Bright Farms, Inc. (Cox Enterprises, Inc.)
       14.3.7    Freight Farms
       14.3.8    FreshBox Farms
       14.3.9    Garden Fresh Farms
       14.3.10   Green Sense Farms Holdings, Inc.
       14.3.11   Logiqs B.V.
       14.3.12   Plenty Unlimited, Inc.
       14.3.13   SananBio
       14.3.14   Sky Greens
       14.3.15   SPREAD Co., Ltd
       14.3.16   Urban Crop Solutions
       14.3.17   Voeks Inc.

List of Figures

Figure 1: Global: Indoor Farming Market: Major Drivers and Challenges
Figure 2: Global: Indoor Farming Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Indoor Farming Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Indoor Farming Market: Breakup by Facility Type (in %), 2021
Figure 5: Global: Indoor Farming Market: Breakup by Crop Type (in %), 2021
Figure 6: Global: Indoor Farming Market: Breakup by Component (in %), 2021
Figure 7: Global: Indoor Farming Market: Breakup by Growing System (in %), 2021
Figure 8: Global: Indoor Farming Market: Breakup by Region (in %), 2021
Figure 9: Global: Indoor Farming (Greenhouse) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Indoor Farming (Greenhouse) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Indoor Farming (Indoor Vertical Farms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Indoor Farming (Indoor Vertical Farms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Indoor Farming (Container Farms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Indoor Farming (Container Farms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Indoor Farming (Indoor Deep Water Culture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Indoor Farming (Indoor Deep Water Culture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Indoor Farming (Other Facility Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Indoor Farming (Other Facility Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Indoor Farming (Fruits, Vegetables and Herbs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Indoor Farming (Lettuce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Indoor Farming (Lettuce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Indoor Farming (Spinach) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Indoor Farming (Spinach) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Indoor Farming (Kale) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Indoor Farming (Kale) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Indoor Farming (Tomato) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Indoor Farming (Tomato) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Indoor Farming (Herbs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Indoor Farming (Herbs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Indoor Farming (Bell and Chilli Peppers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Indoor Farming (Bell and Chilli Peppers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Indoor Farming (Strawberry) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Indoor Farming (Strawberry) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Indoor Farming (Cucumber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Indoor Farming (Cucumber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Indoor Farming (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Indoor Farming (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Indoor Farming (Fruits, Vegetables and Herbs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Indoor Farming (Flowers and Ornamentals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Indoor Farming (Annuals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Indoor Farming (Annuals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Indoor Farming (Perennials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Indoor Farming (Perennials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Indoor Farming (Ornamentals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Indoor Farming (Ornamentals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Indoor Farming (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Indoor Farming (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: Indoor Farming (Flowers and Ornamentals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Indoor Farming (Other Crop Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Indoor Farming (Other Crop Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Global: Indoor Farming (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Global: Indoor Farming (Structure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Global: Indoor Farming (Structure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Global: Indoor Farming (LED Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Global: Indoor Farming (LED Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Global: Indoor Farming (HVAC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Global: Indoor Farming (HVAC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Global: Indoor Farming (Climate Control System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Global: Indoor Farming (Climate Control System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Global: Indoor Farming (Irrigation Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Global: Indoor Farming (Irrigation Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Global: Indoor Farming (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Global: Indoor Farming (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Global: Indoor Farming (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Global: Indoor Farming (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Global: Indoor Farming (Web-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Global: Indoor Farming (Web-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Global: Indoor Farming (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Global: Indoor Farming (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Indoor Farming (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Global: Indoor Farming (Aeroponics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Global: Indoor Farming (Aeroponics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Indoor Farming (Hydroponics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Global: Indoor Farming (Hydroponics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Global: Indoor Farming (Aquaponics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Global: Indoor Farming (Aquaponics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Indoor Farming (Soil-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Global: Indoor Farming (Soil-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Indoor Farming (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Global: Indoor Farming (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Asia Pacific: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Asia Pacific: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: China: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: China: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Japan: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Japan: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Singapore: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Singapore: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: South Korea: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: South Korea: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: North America: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: North America: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: United States: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: United States: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Canada: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Canada: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Europe: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 100: Europe: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 101: Netherlands: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 102: Netherlands: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 103: Germany: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 104: Germany: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 105: United Kingdom: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 106: United Kingdom: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 107: France: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 108: France: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 109: Italy: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 110: Italy: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 111: Others: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 112: Others: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 113: Latin America: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 114: Latin America: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 115: Mexico: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 116: Mexico: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 117: Brazil: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 118: Brazil: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 119: Others: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 120: Others: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 121: Middle East & Africa: Indoor Farming Market: Sales Value (in Million US$), 2016 & 2021
Figure 122: Middle East & Africa: Indoor Farming Market: Breakup by Country (in %), 2021
Figure 123: Middle East & Africa: Indoor Farming Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 124: Global: Indoor Farming Industry: SWOT Analysis
Figure 125: Global: Indoor Farming Industry: Value Chain Analysis
Figure 126: Global: Indoor Farming Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: Global: Indoor Farming Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Indoor Farming Market Forecast: Breakup by Facility Type (in Million US$), 2022-2027
Table 3: Global: Indoor Farming Market Forecast: Breakup by Crop Type (in Million US$), 2022-2027
Table 4: Global: Indoor Farming Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 5: Global: Indoor Farming Market Forecast: Breakup by Growing System (in Million US$), 2022-2027
Table 6: Global: Indoor Farming Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Indoor Farming Market: Competitive Structure
Table 8: Global: Indoor Farming Market: Key Players


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Key Questions Answered in This Report

The global indoor farming market was valued at US$ 15.7 Billion in 2021.

We expect the global indoor farming market to exhibit a CAGR of 11.8% during 2022-2027.

The elevating levels of urbanization, limited availability of arable land, and the growing prominence of
high-tech, fully controlled, and semi-automated greenhouse facilities, are some of the key factors
driving the global indoor farming market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of modern farming
practices, such as indoor farming, resulting in higher yield of necessary crops free from pests, thereby
positively impacting the market growth.

Based on the facility type, the global indoor farming market has been segmented into greenhouse,
indoor vertical farms, container farms, indoor deep-water culture, and others. Currently, greenhouse
facility accounts for the majority of the global market share.

Based on the crop type, the global indoor farming market can be divided into fruits, vegetables, and
herbs, flowers and ornamentals, and others. Among these, fruits, vegetables, and herbs currently exhibit
a clear dominance in the market.

Based on the component, the global indoor farming market has been bifurcated into hardware and
software. Currently, hardware holds the majority of the total market share.

Based on the growing system, the global indoor farming market can be categorized into aeroponics,
hydroponics, aquaponics, soil-based, and hybrid. Among these, soil-based system represents the largest
market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global indoor farming market include AeroFarms, Agricool, Agrilution
Systems GmbH, AutoGrow Systems Ltd., Bowery Farming, Bright Farms Inc. (Cox Enterprises, Inc.).,
Freight Farms, FreshBox Farms, Garden Fresh Farms, Green Sense Farms Holdings, Inc., Logiqs B.V.,
Plenty Unlimited, Inc., SananBio, Sky Greens, SPREAD Co., Ltd., Urban Crop Solutions, and Voeks Inc.

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