According to Stratistics MRC, the Global Indoor Farming market accounted for $106.6 billion in 2017 and is expected to reach $171.12 billion by 2026 growing at a CAGR of 5.4 % during the forecast period. Factors such as growing mechanisms in indoor farming and increasing focus on adopting innovative and efficient technologies are boosting the market growth. However, limitations on crop varieties and high initial investments are the restraining the market growth. Moreover, increasing need for maximizing crop yields will provide ample growth opportunities in the near future.
Indoor farming is a kind of modern farming to grow crops or plants in an indoor environment. It is worked in both small and large scale. It is climate-friendly and shields the farm from climate-related ideas which generally acts as a hindrance in conventional crop production. It is widely practiced in urban areas owing to limited space for cultivating. In recent years, development in the technology of farming sensors, monitoring and regulating devices for each aspect of cultivation has promoted indoor farming.
By growing systems, hydroponics segment is going to have a lucrative growth during the forecast period owing to the application of its growth mechanism that mitigates the majority of dangers such as limited space in urban zones and low availability of water and it provides sufficient fresh produce. By geography, Asia Pacific is likely to have a huge demand due to an increase in the number of these farms in countries such as China and Japan, and the climate changes in this region.
Some of the key players in this market include Indoor Farms of America, Freshbox Farms, Aerofarms, Contain Inc., Philips Lighting, Garden Fresh Farms, Metropolis Farms and Bowery Farming.
Crop Types Covered:
• Herbs & MicrogreenS
• Flowers & Ornamentals
• Fruits & Vegetables
• Other Crop Types
Growing Systems Covered:
• Hybrid
• Aeroponics
• Soil-Based
• Aquaponics
• Hydroponics
Facility Types Covered:
• Container Farms
• Indoor Deep Water Culture Systems
• Glass or Poly Greenhouses
• Indoor Vertical Farms
• Other Facility Types
Technologies Covered:
• Software solutions
• Hardware solutions
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Indoor Farming Market, By Crop Type
5.1 Introduction
5.2 Herbs & Microgreens
5.2.1 Tarragon
5.2.2 Herbs
5.2.3 Basil
5.2.4 Wheatgrass
5.2.5 Other Herbs & Microgreens
5.3 Flowers & Ornamentals
5.3.1 Ornamentals
5.3.2 Annuals
5.3.3 Perennials
5.3.4 Other Flowers & Ornamentals
5.4 Fruits & Vegetables
5.4.1 Eggplant
5.4.2 Strawberry
5.4.3 Tomato
5.4.4 Leafy Vegetable
5.4.4.1 Spinach
5.4.4.2 Lettuce
5.4.4.3 Kale
5.4.4.4 Other Leafy Vegetables
5.4.5 Other Fruits & Vegetables
5.5 Other Crop Types
6 Global Indoor Farming Market, By Growing Systems
6.1 Introduction
6.2 Hybrid
6.3 Aeroponics
6.4 Soil-Based
6.5 Aquaponics
6.6 Hydroponics
7 Global Indoor Farming Market, By Facility Type
7.1 Introduction
7.2 Container Farms
7.3 Indoor Deep Water Culture Systems
7.4 Glass or Poly Greenhouses
7.5 Indoor Vertical Farms
7.6 Other Facility Types
8 Global Indoor Farming Market, By Technology
8.1 Introduction
8.2 Software solutions
8.3 Hardware solutions
8.3.1 Irrigation Systems
8.3.2 Lighting Systems
8.3.3 System Controls
8.3.4 Communication Systems
8.3.5 Sensors
8.3.6 Climate Control Systems
9 Global Indoor Farming Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Indoor Farms of America
11.2 Freshbox Farms
11.3 Aerofarms
11.4 Contain Inc.
11.5 Philips Lighting
11.6 Garden Fresh Farms
11.7 Metropolis Farms
11.8 Bowery Farming
List of Tables
1 Global Indoor Farming Market Outlook, By Region (2016-2026) (US $MN)
2 Global Indoor Farming Market Outlook, By Crop Type (2016-2026) (US $MN)
3 Global Indoor Farming Market Outlook, By Herbs & Microgreens (2016-2026) (US $MN)
4 Global Indoor Farming Market Outlook, By Tarragon (2016-2026) (US $MN)
5 Global Indoor Farming Market Outlook, By Herbs (2016-2026) (US $MN)
6 Global Indoor Farming Market Outlook, By Basil (2016-2026) (US $MN)
7 Global Indoor Farming Market Outlook, By Wheatgrass (2016-2026) (US $MN)
8 Global Indoor Farming Market Outlook, By Other Herbs & Microgreens (2016-2026) (US $MN)
9 Global Indoor Farming Market Outlook, By Flowers & Ornamentals (2016-2026) (US $MN)
10 Global Indoor Farming Market Outlook, By Ornamentals (2016-2026) (US $MN)
11 Global Indoor Farming Market Outlook, By Annuals (2016-2026) (US $MN)
12 Global Indoor Farming Market Outlook, By Perennials (2016-2026) (US $MN)
13 Global Indoor Farming Market Outlook, By Other Flowers & Ornamentals (2016-2026) (US $MN)
14 Global Indoor Farming Market Outlook, By Fruits & Vegetables (2016-2026) (US $MN)
15 Global Indoor Farming Market Outlook, By Eggplant (2016-2026) (US $MN)
16 Global Indoor Farming Market Outlook, By Strawberry (2016-2026) (US $MN)
17 Global Indoor Farming Market Outlook, By Tomato (2016-2026) (US $MN)
18 Global Indoor Farming Market Outlook, By Leafy Vegetable (2016-2026) (US $MN)
19 Global Indoor Farming Market Outlook, By Other Fruits & Vegetables (2016-2026) (US $MN)
20 Global Indoor Farming Market Outlook, By Other Crop Types (2016-2026) (US $MN)
21 Global Indoor Farming Market Outlook, By Growing Systems (2016-2026) (US $MN)
22 Global Indoor Farming Market Outlook, By Hybrid (2016-2026) (US $MN)
23 Global Indoor Farming Market Outlook, By Aeroponics (2016-2026) (US $MN)
24 Global Indoor Farming Market Outlook, By Soil-Based (2016-2026) (US $MN)
25 Global Indoor Farming Market Outlook, By Aquaponics (2016-2026) (US $MN)
26 Global Indoor Farming Market Outlook, By Hydroponics (2016-2026) (US $MN)
27 Global Indoor Farming Market Outlook, By Facility Type (2016-2026) (US $MN)
28 Global Indoor Farming Market Outlook, By Container Farms (2016-2026) (US $MN)
29 Global Indoor Farming Market Outlook, By Indoor Deep Water Culture Systems (2016-2026) (US $MN)
30 Global Indoor Farming Market Outlook, By Glass or Poly Greenhouses (2016-2026) (US $MN)
31 Global Indoor Farming Market Outlook, By Indoor Vertical Farms (2016-2026) (US $MN)
32 Global Indoor Farming Market Outlook, By Other Facility Types (2016-2026) (US $MN)
33 Global Indoor Farming Market Outlook, By Technology (2016-2026) (US $MN)
34 Global Indoor Farming Market Outlook, By Software solutions (2016-2026) (US $MN)
35 Global Indoor Farming Market Outlook, By Hardware solutions (2016-2026) (US $MN)
36 Global Indoor Farming Market Outlook, By Irrigation Systems (2016-2026) (US $MN)
37 Global Indoor Farming Market Outlook, By Lighting Systems (2016-2026) (US $MN)
38 Global Indoor Farming Market Outlook, By System Controls (2016-2026) (US $MN)
39 Global Indoor Farming Market Outlook, By Communication Systems (2016-2026) (US $MN)
40 Global Indoor Farming Market Outlook, By Sensors (2016-2026) (US $MN)
41 Global Indoor Farming Market Outlook, By Climate Control Systems (2016-2026) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East & Africa, and South America are represented in the same manner above.
Cross-segment Market Size and Analysis for
Mentioned Segments
