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Report overview
The global Indoor Farming market was valued at US$ 1575.4 million in 2022 and is projected to reach US$ 2620.6 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Indoor Farming is the practice of producing food and medicine in vertically stacked layers, vertically inclined surfaces and/or integrated in other structures (such as in a skyscraper, used warehouse, or shipping container).
This report aims to provide a comprehensive presentation of the global market for Indoor Farming, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indoor Farming. This report contains market size and forecasts of Indoor Farming in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Hydroponics Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Indoor Farming include AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai and Sky Vegetables, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Indoor Farming manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Indoor Farming Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Indoor Farming Market Segment Percentages, by Type, 2022 (%)
Global Indoor Farming Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Indoor Farming Market Segment Percentages, by Application, 2022 (%)
Global Indoor Farming Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Indoor Farming Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Indoor Farming revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Indoor Farming revenues share in global market, 2022 (%)
Key companies Indoor Farming sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Indoor Farming sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: