Product Code: GVR-3-68038-942-5
Indoor Farming Market Growth & Trends:
The global indoor farming market size is estimated to reach USD 88.48 billion in 2030 and is anticipated to grow at a CAGR of 13.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for food owing to the rising population is expected to drive the growth. Factors such as declining water supply, urbanization, and climate change have contributed to the loss of arable land. This, in turn, is driving demand for indoor farms to produce food. In addition, challenges, such as rising global temperature and extreme weather conditions, act as a barrier to the traditional farming technique. The European Environment Agency (EEA) has carried out several initiatives to build vertical farms to overcome these challenges and produce food in an eco-friendly way.
Indoor farming increases the crop yield and reduces the farming impact on the environment by reducing the distance traveled in the supply chain. It reduces the need for the land space required to grow plants compared to traditional farming methods by using growing shelves mounted vertically. Rising consumer awareness regarding the consumption of healthy and fresh food is anticipated to positively influence the market for indoor farming during the forecast period. Furthermore, the use of technology, such as LED indoor farming, to create nature-like conditions will help farmers meet the expected demand for food supply in the near future.
Europe dominated the market in 2023 and is anticipated to remain dominant over the forecast period, owing to the continuous adoption of advanced technologies such as LED lighting, and controlled environment agriculture. Asia Pacific is expected to exhibit the fastest CAGR from 2024 to 2030, owing to the increasing indoor farms in countries such as China and Japan. Increasing adoption of greenhouses and vertical farms is expected to support regional growth. In addition, the rising demand for pesticide-free, fresh vegetables and fruits is expected to fuel the regional market growth.
Indoor Farming Market Report Highlights:
- The hardware segment accounted for the largest market share of over 60.0% in 2024. The segment is further categorized into climate control systems, lighting systems, sensors, and irrigation systems, which enable the cultivation of indoor-grown crops
- The greenhouses segment dominated the market and accounted for a revenue share of over 71.0% in 2024. Increasing demand for sustainable and controlled agricultural practices is driving greenhouse market growth
- The fruits, vegetables, & herbs segment dominated the indoor farming industry and accounted for a revenue share of over 57.0% in 2024
- The hydroponics segment accounted for the largest market share of over 55.0% in 2024. Hydroponics is a popular farming method due to low installation costs and ease of operation
- Europe held the major share of over 31.0% of the indoor farming industry in 2024. The rising adoption of technologies for indoor farms, such as Controlled Environment-Agriculture (CEA), which controls the environmental factors, is responsible for regional growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Indoor Farming Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Indoor Farming Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Indoor Farming: Component Estimates & Trend Analysis
- 4.1. Indoor Farming Market, By Component Analysis & Market Share, 2024 & 2030
- 4.2. Hardware
- 4.2.1. Hardware market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2.1.1. Climate Control Systems
- 4.2.1.1.1. Climate control systems market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2.1.2. Lighting Systems
- 4.2.1.2.1. Lighting systems market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2.1.3. Sensors
- 4.2.1.3.1. Sensors market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2.1.4. Irrigation Systems
- 4.2.1.4.1. Irrigation systems market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Software
- 4.3.1. Software market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3.1.1. Web-Based
- 4.3.1.1.1. Web-Based market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3.1.2. Cloud-Based
- 4.3.1.2.1. Cloud-Based market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4.1.1. System Integration & Consulting
- 4.4.1.1.1. System integration & consulting market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4.1.2. Managed Services
- 4.4.1.2.1. Managed services market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4.1.3. Assisted Professional Services
- 4.4.1.3.1. Assisted professional services market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Indoor Farming: Facility Type Estimates & Trend Analysis
- 5.1. Indoor Farming Market, By Facility Type Analysis & Market Share, 2024 & 2030
- 5.2. Greenhouses
- 5.2.1. Greenhouses market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Vertical Farms
- 5.3.1. Vertical Farms market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.1.1. Shipping Container
- 5.3.1.1.1. Shipping container market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3.1.2. Building-based
- 5.3.1.2.1. Building-based market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Others
- 5.4.1. Others market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Indoor Farming: Crop Category Estimates & Trend Analysis
- 6.1. Indoor Farming Market, By Crop Category Analysis & Market Share, 2024 & 2030
- 6.2. Fruits, Vegetables, & Herbs
- 6.2.1. Fruits, Vegetables, & Herbs market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.1. Tomato
- 6.2.1.1.1. Tomato market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.2. Lettuce
- 6.2.1.2.1. Lettuce market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.3. Bell & Chili Peppers
- 6.2.1.3.1. Bell & chili peppers market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.4. Strawberry
- 6.2.1.4.1. Strawberry market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.5. Cucumber
- 6.2.1.5.1. Cucumber market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.6. Leafy Greens
- 6.2.1.6.1. Leafy greens market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.7. Herbs
- 6.2.1.7.1. Herbs market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.1.8. Others
- 6.2.1.8.1. Others market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Flowers & Ornamentals
- 6.3.1. Flowers & Ornamentals market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.1.1. Perennials
- 6.3.1.1.1. Perennials market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.1.2. Annuals
- 6.3.1.2.1. Annuals market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.1.3. Ornamentals
- 6.3.1.3.1. Ornamentals market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Indoor Farming: Growing Mechanism Estimates & Trend Analysis
- 7.1. Indoor Farming Market, By Growing Mechanism Analysis & Market Share, 2024 & 2030
- 7.2. Aeroponics
- 7.2.1. Aeroponics market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3. Hydroponics
- 7.3.1. Hydroponics market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Aquaponics
- 7.4.1. Aquaponics market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Indoor Farming Market: Regional Estimates & Trend Analysis
- 8.1. Indoor Farming Market Share, By Region, 2024 & 2030, USD Million
- 8.2. North America
- 8.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.2.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.2.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.2.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.2.6. U.S.
- 8.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.2.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.2.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.2.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.2.7. Canada
- 8.2.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.7.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.2.7.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.2.7.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.2.7.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.2.8. Mexico
- 8.2.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.8.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.2.8.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.2.8.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.2.8.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.3.2. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.3.3. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.3.4. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.3.5. UK
- 8.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.3.5.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.3.5.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.3.5.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.3.6. Germany
- 8.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.3.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.3.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.3.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.3.7. France
- 8.3.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.7.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.3.7.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.3.7.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.3.7.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4.6. China
- 8.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4.7. India
- 8.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.7.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.7.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.7.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.7.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4.8. Japan
- 8.4.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.8.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.8.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.8.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.8.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4.9. Australia
- 8.4.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.9.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.9.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.9.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.9.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.4.10. South Korea
- 8.4.10.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.10.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.4.10.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.4.10.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.4.10.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.5. Latin America
- 8.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.5.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.5.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.5.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.5.6. Brazil
- 8.5.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.5.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.5.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.5.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.6.6. UAE
- 8.6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.6.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.6.6.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.6.6.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.6.6.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.6.7. Saudi Arabia
- 8.6.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.7.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.6.7.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.6.7.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.6.7.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
- 8.6.8. South Africa
- 8.6.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.8.2. Market estimates and forecast by component, 2018 - 2030 (Revenue, USD Million)
- 8.6.8.3. Market estimates and forecast by facility type, 2018 - 2030 (Revenue, USD Million)
- 8.6.8.4. Market estimates and forecast by crop category, 2018 - 2030 (Revenue, USD Million)
- 8.6.8.5. Market estimates and forecast by growing mechanism, 2018 - 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Share Analysis, 2024
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. Product Launches
- 9.5.5. Recent Developments
- 9.6. Company Profiles
- 9.6.1. Argus Control Systems Ltd.
- 9.6.1.1. Participant's Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Recent Developments
- 9.6.2. Certhon
- 9.6.2.1. Participant's Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Recent Developments
- 9.6.3. Richel Group
- 9.6.3.1. Participant's Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Recent Developments
- 9.6.4. Netafim
- 9.6.4.1. Participant's Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Recent Developments
- 9.6.5. General Hydroponics
- 9.6.5.1. Participant's Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Recent Developments
- 9.6.6. Hydrodynamics International
- 9.6.6.1. Participant's Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Recent Developments
- 9.6.7. Illumitex
- 9.6.7.1. Participant's Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Recent Developments
- 9.6.8. Lumigrow
- 9.6.8.1. Participant's Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Recent Developments
- 9.6.9. Signify Holding
- 9.6.9.1. Participant's Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Recent Developments
- 9.6.10. Bowery Farming Inc.
- 9.6.10.1. Participant's Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Recent Developments