The Global Indoor Farming Market is expected to grow at a CAGR of around 11.2% during the forecast period, i.e., 2023-28. MarkNtel Advisors' recently published versions of the study on the Global Indoor Farming Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timeframe and Metrics
- Historical Period: 2018-21
- Base Year: 2022
- Forecast Years: 2023-2028
- Units: USD Million/Billion
- Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
- Before creating a roadmap or checklist for the research report, we seek to understand the client's perspective and objectives.
- The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
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Global Indoor Farming Market Key Drivers:
Decreased Cultivable Area Globally, Prompting The Repurposing of Existing Agricultural Land. - Unfavorable weather conditions like droughts, soil erosion, floods, and intensive pesticide usage, which are the prominent causes of the decreased cultivable area, have led to reduced yield over time. Growing crops indoors is the best way to address this severe concern affecting soil fertility globally. In addition, it creates new arable land, subsequently increasing the output and productivity of existing agricultural land. With innovative methods like Hydroponics Farming, Aeroponics Farming, Aquaponics Farming, and Vertical Farming, indoor methods are anticipated to gain traction and drive the market during the forecast period.
Analyzing the Segmentations for the Global Indoor Farming Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
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
-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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Exploring the Geographical Landscape of the Global Indoor Farming Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Do You Know Who are the Leading Companies in the Global Indoor Farming Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Indoor Farming Market companies:
-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.
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Key Questions Addressed in the Global Indoor Farming Market Research Report:
- What is the estimated size, share, and CAGR of the Global Indoor Farming Market in the forecast period?
- What are the key trends projected to impact the Global Indoor Farming Market during 2023-2028?
- What are the different segments & sub-segments considered in the Global Indoor Farming Market research study?
- Who are the key stakeholders and players participating in the Global Indoor Farming Market?
- What are the major aspects creating opportunistic arena for the Global Indoor Farming Market?
- What would be the demand for different types of products/services in the Global Indoor Farming Market through 2028?
- What all factors would create challenge for the Global Indoor Farming Industry growth?
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