Astute Analytica publishes a research report on the Indoor Farming Market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.

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Global Indoor Farming Market is estimated to witness a rise in revenue from US$ 28.7 billion in 2022 to US$ 67.0 billion by 2031 at a healthy CAGR of 10.1% during the forecast period 2023-2031.

It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.

The report gives a thorough analysis of the Indoor Farming Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.

The leading companies mentioned are

• AeroFarms
• AgriCool
• Argus Control Systems
• Bowery Farming
• BrightFarms
• Everlight Electronics
• EXDIN Solutions
• General Hydroponics
• Gotham Greens
• GP Solutions
• Heliospectra AB
• Infarm
• Iron Ox
• LumiGrow
• Signify Holding
• Sky Greens
• SPREAD Co., Ltd.
• Other Prominent Players

The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.

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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.

The Segmentation Overview of the Indoor Farming Market Includes

By Growing System:

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

By Crop Type:

• Common crops
  • Lettuce
  • Chard
  • Cabbage
  • Kale
  • Tomatoes
  • Spinach
• Herbs
  • Basil
  • Mint
  • Chives
  • Parsley
• Microgreens

By Technology:

• Controlled Environment Agriculture
  • Dosing systems
  • Sterilization Systems
  • Chemical disinfection
• Lighting
  • Fluorescent grow lights
  • LED lighting
• Air control
  • CO2 gassing
  • Compressed CO2
• The Internet of Things – IoT
  • Sensors

By Region:

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia New Zealand
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• Middle East Africa (MEA)
  • UAE
  • Saudi Arabia
  • Rest of MEA
• South America
  • Argentina
  • Brazil
  • Rest of Latin America

Overall, Astute Analytica’s report on the Indoor Farming Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.

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