Indoor Farming Market Research Report 2023-2028: Industry Expected to Grow Approx. 11.2% CAGR

In-Depth Analysis of the Global Indoor Farming Market: 2023-2028 Forecasts

Latest Market Study report by MarkNtel Advisors: Market Research Company, “Global Indoor Farming Market By Type (Hydroponics Farming, Aeroponics Farming, Aquaponics Farming, Vertical Farming), By Facility (Greenhouses, Container Farms, Indoor Vertical Farms, Indoor Deep Water Culture), By Component (Hardware, Software), By Crop (Fruits and Vegetables, Herbs and Microgreen, Flowers and Ornamentals)” and other forecast 2023-28”.

This report offers a detailed examination of pivotal aspects including market Size, growth factor, drivers of expansion, encompassed segments, and the pivotal role played by industry leaders.

Insight into the Global Indoor Farming Market

The Global Indoor Farming market is projected to grow at a CAGR of around 11.2% during the forecast period, i.e., 2023-28.

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Report Coverage & Detailed Breakdown

  • Forecast Period: 2023 to 2028.
  • Base Year: 2022
  • CAGR: 11.2%

Segmentation Analysis: Indoor Farming Market

By Type

  • Hydroponics Farming
  • Aeroponics Farming
  • Aquaponics Farming
  • Vertical Farming

By Facility

  • Greenhouses
  • Container Farms
  • Indoor Vertical Farms
  • Indoor Deep Water Culture

Among all, The Indoor Vertical Farm segment of the market recorded a sizeable revenue share in the historical period.

By Component

  • Hardware
    • Climate Control Systems
    • Lighting Systems
    • Sensors
    • Irrigation Systems
  • Software
    • Web-Based
    • Cloud-Based

By Crop

  • Fruits and Vegetables
    • Tomato
    • Lettuce
    • Bell & Chili Peppers
    • Strawberry
    • Cucumber
    • Others (Leafy Greens, Kale)
  • Herbs and Microgreen
    • Herbs
    • Tarragon
    • Wheatgrass
    • Others (Basil, Bay)
  • Flowers and Ornamentals
    • Annuals
    • Perennials
    • Ornamentals
    • Others (Orchids, Succulents)

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Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

In the historical period, North America accounted for the largest share of the Global Indoor Farming Market. The US, Canada, and Mexico contribute significantly to the region’s share.

Indoor Farming Market Players Analysis

Thorough analysis spotlighting key players in the global Indoor Farming market, elucidating their strategies and competitive positioning.

  • Aessense Corporation
  • Argus Control Systems Limited
  • Bowery Farming Inc
  • BrightFarms
  • Certhon
  • Crop One Holdings, Inc.
  • General Hydroponics
  • Green Sense Farms Holdings, Inc.
  • Metropolis Farms Inc
  • Netafim
  • Priva
  • Richel Group
  • Signify Holdings
  • Village Farms International Inc
  • Windset Farms
  • Others

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Key Stakeholder Benefits

  • Informed Decision-Making: Empowering stakeholders with comprehensive market insights for strategic decision-making.
  • Strategic Planning: Equipping stakeholders with strategic reports to navigate market entry, product development, and competitive strategies.
  • Market Sizing & Forecasting: Providing accurate data for informed investment decisions and resource allocation.
  • Competitive Benchmarking: Facilitating performance assessment against industry peers and capitalizing on strengths.
  • Identifying Investment Opportunities: Enabling stakeholders to spot lucrative investment prospects and maintain a competitive edge.

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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