Global Indoor Agriculture Market Report 2021: Focus on Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Cultivation – Forecast to 2026

Dublin, November 30, 2021 (GLOBE NEWSWIRE) – The “Indoor Agriculture Market – Global Opportunity and Forecast to 2026” the report was added to ResearchAndMarkets.com offer.

The global indoor agriculture market has grown at a CAGR of around 12% during the period 2015-2020. Looking ahead, the market is expected to show strong growth during the period 2021-2026.

Bearing in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect influence of the pandemic. This information is included in the report as a major contributor to the market.

Indoor farming is part of modern agriculture to grow crops in a protected environment. The indoor farming market is growing globally, catalyzed by increasing global population and a consequent demand for building a secure and consistent food supply.

Conventional agriculture is geographically linked to areas with sufficient land and water. As the amount of vacant arable land and water to support conventional agriculture decreases, the demand for indoor agriculture increases as it is decoupled from these needs and can be located closer to final consumption.

The scarcity of agricultural land around the world is one of the main factors catalyzing the growth of indoor agriculture. As the world’s population continues to grow and urbanize, farmers are opening up indoor facilities closer to these urban areas, creating a local, stable and sustainable food supply year round.

In addition to this, increasing cases of droughts, floods and other natural disasters across the world have raised concerns about food security. This, in turn, has spurred the growth of indoor agriculture in these countries. In addition, the high-tech, fully controlled and semi-automated greenhouses in rural areas and its environmentally friendly farming practices have also boosted the market demand for indoor farming.

In addition, the growth of technological advancements in agricultural sensors, monitoring and regulating devices for every aspect of cultivation has further propelled the growth of this market.

In addition, this technique allows food production in a sustainable environment without chemical pesticides, thus increasing production for organic yields, which are currently in high demand by consumers.

Competitive landscape:

The competitive landscape of the industry was also examined, with some of the major players being

  • AeroFarms
  • Agricool
  • Agrilution Systems GmbH
  • AutoGrow Systems Ltd.
  • Bowery Agriculture
  • Bright Farms Inc. (Cox Enterprises, Inc.).
  • Freight farms
  • FreshBox Farms
  • Fresh farms from the garden
  • Green Sense Farms Holdings Inc.
  • Logiqs BV
  • Unlimited Abundance Inc.
  • SananBio
  • Sky Greens
  • SPREAD Co. Ltd.
  • Urban cultivation solutions
  • Voeks Inc.

Key market segmentation:

Breakdown by type of establishment:

  • Tight
  • Interior vertical trusses
  • Container farms
  • Indoor deep water culture
  • Others

Breakdown by crop type:

  • Fruits, vegetables and herbs
  • Salad
  • Spinach
  • kale
  • Tomato
  • Herbs
  • Bells and hot peppers
  • Strawberry
  • Cucumber
  • Flowers and ornamental plants
  • Annuals
  • Perennials
  • Ornamental plants
  • Others

Breakdown by component:

  • Equipment
  • Structure
  • LED lights
  • HVAC
  • Climate control system
  • Irrigation system
  • Software
  • Web based
  • Cloud based

Breakage by growth system:

  • Aeroponics
  • Hydroponics
  • Aquaponics
  • Soil based
  • Hybrid

Breakdown by region:

  • Asia Pacific
  • China
  • Japan
  • Singapore
  • South Korea
  • North America
  • United States
  • Canada
  • Europe
  • Netherlands
  • Germany
  • UK
  • France
  • Italy
  • Latin America
  • Mexico
  • Brazil
  • Middle East and Africa

For more information on this report, visit https://www.researchandmarkets.com/r/cw4x2u

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About Keneth T. Graves

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