Market Overview:
The global aeroponic indoor farm market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fresh and organic produce, technological advancements in aeroponic farming, and government initiatives for promoting food production. The global aeroponic indoor farm market is segmented on the basis of type into glass or polymer greenhouse, indoor vertical farm, container farm, and other. The glass or polymer greenhouse segment is expected to hold the largest share of the global aeroponic indoor farm market in 2018 owing to its advantages such as low cost of installation and easy maintenance. However, the indoor vertical farming segment is projected to grow at a higher CAGR during the forecast period due its benefits such as energy efficiency and use of recycled water. On the basis of application, vegetable cultivation accounted for majority share in 2017; however fruit planting is projected to grow at a higher CAGR during 2018-2030 owing increased awareness about health benefits associated with consuming fruits & vegetables.
Product Definition:
An Aeroponic Indoor Farm is a facility where crops are grown indoors under controlled environmental conditions, using an aeroponic growing system. The importance of Aeroponic Indoor Farms is that they allow for year-round crop production, which can be important in areas with harsh climates or short growing seasons.
Glass Or Polymer Greenhouse:
Glass or polymer greenhouse is a transparent protective cover that protects the plants from direct sunlight, wind, and rain. It also helps in maintaining uniform temperature inside the greenhouses. The glass or polymer material used can be clear enough to allow maximum exposure of plant roots to soil nutrients but opaque enough to protect the plants from harsh rays of sun and harmful UV radiation.
The global indoor farm market size was valued at USD 2 billion in 2016.
Indoor Vertical Farm:
The indoor vertical farm is a method of producing vegetables and fruits in a warehouse-like environment, by using artificial lighting. Indoor vertical farms are also known as greenhouses and are an efficient way to grow crops year-round. The concept of the indoor vertical farm originated in Japan where they were first introduced commercially at the Tokyo International Fair in 2010. Since then, there has been significant growth in the number of commercial projects across various countries including Canada, China, Germany, France and U.
Application Insights:
Based on application, the market is segmented into vegetable cultivation, fruit plantation and others. The vegetable cultivation segment dominated the overall market in terms of revenue in 2017. Aeroponic indoor farms are widely used for growing vegetables such as cabbage, broccoli and cauliflower. These crops require low maintenance and can be grown year-round due to continuous exposure to light throughout most of the day. Crop nutrients are also automatically supplied by the system without any additional input from farmers using an integrated nutrient solution technology developed specifically for aeroponics farming systems.
The fruit plantation segment is expected to witness significant growth over the forecast period owing to increasing demand for organic fruits worldwide coupled with a rise in awareness regarding health benefits associated with fresh fruits & vegetables consumption including vitamins, minerals and fiber content among other nutritional benefits.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable climatic conditions, technological advancements, and government initiatives. The U.S., being a developed nation with high per capita income and high standard of living is expected to be one of the major markets for indoor farms across the globe. Furthermore, according to a 2016 United Nations University study published in Energy Research & Social Science Journal titled “The potential role of urban agriculture for sustainable development†found that cities such as Los Angeles; Miami; New York City; Chicago; Boston; Seattle-Bellevue-Everett, Washington DC are among those who have adopted urban farming more than others (UNU). This has created an opportunity for aeroponic indoor farms in North America over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness regarding climate change and its effects on environment as well as growing population especially in China.
Growth Factors:
- Increasing demand for organic produce: There is a growing demand for organic produce across the globe. This is because consumers are becoming more aware of the health benefits of eating organic food. As a result, many retailers are stocking up on organic produce and this is benefiting the Aeroponic Indoor Farm market.
- Rising awareness about Aeroponics technology: Aeroponics technology has been around for quite some time now, but it is only recently that its potential has started to be recognized by consumers and businesses alike. This is driving the growth of the Aeroponic Indoor Farm market as more people become aware of its benefits over traditional farming methods.
- Growing popularity of urban farming: Urban farming is becoming increasingly popular as people look for ways to reduce their dependence on supermarkets and get fresh, locally-grown produce straight from their own backyard or rooftop garden. This trend is benefiting the Aeroponic Indoor Farm market as more people adopt this sustainable way of farming.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aeroponic Indoor Farm Market Research Report
By Type
Glass Or Polymer Greenhouse, Indoor Vertical Farm, Container Farm, Other
By Application
Vegetable Cultivation, Fruit Planting
By Companies
AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai, Sky Vegetables, TruLeaf, Urban Crops, Sky Greens, GreenLand, Scatil, Jingpeng, Metropolis Farms, Plantagon, Spread, Sanan Sino Science, Nongzhong Wulian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Aeroponic Indoor Farm Market Report Segments:
The global Aeroponic Indoor Farm market is segmented on the basis of:
Types
Glass Or Polymer Greenhouse, Indoor Vertical Farm, Container Farm, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vegetable Cultivation, Fruit Planting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AeroFarms
- Gotham Greens
- Plenty (Bright Farms)
- Lufa Farms
- Beijing IEDA Protected Horticulture
- Green Sense Farms
- Garden Fresh Farms
- Mirai
- Sky Vegetables
- TruLeaf
- Urban Crops
- Sky Greens
- GreenLand
- Scatil
- Jingpeng
- Metropolis Farms
- Plantagon
- Spread
- Sanan Sino Science
- Nongzhong Wulian
Highlights of The Aeroponic Indoor Farm Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass Or Polymer Greenhouse
- Indoor Vertical Farm
- Container Farm
- Other
- By Application:
- Vegetable Cultivation
- Fruit Planting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aeroponic Indoor Farm Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aeroponic indoor farms are a type of agriculture that uses air to cultivate plants. The plants are suspended in an aerated chamber, which allows them to receive nutrients and water without soil. This method is more efficient than traditional farming methods, as it requires less land and fewer resources. Aeroponic indoor farms have the potential to reduce greenhouse gas emissions, as they do not require the use of pesticides or fertilizers.
Some of the major players in the aeroponic indoor farm market are AeroFarms, Gotham Greens, Plenty (Bright Farms), Lufa Farms, Beijing IEDA Protected Horticulture, Green Sense Farms, Garden Fresh Farms, Mirai, Sky Vegetables, TruLeaf, Urban Crops, Sky Greens, GreenLand, Scatil, Jingpeng, Metropolis Farms, Plantagon, Spread, Sanan Sino Science, Nongzhong Wulian.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aeroponic Indoor Farm Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aeroponic Indoor Farm Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aeroponic Indoor Farm Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aeroponic Indoor Farm Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aeroponic Indoor Farm Market Size & Forecast, 2020-2028
4.5.1 Aeroponic Indoor Farm Market Size and Y-o-Y Growth
4.5.2 Aeroponic Indoor Farm Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Glass Or Polymer Greenhouse
5.2.2 Indoor Vertical Farm
5.2.3 Container Farm
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Vegetable Cultivation
6.2.2 Fruit Planting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aeroponic Indoor Farm Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aeroponic Indoor Farm Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Glass Or Polymer Greenhouse
9.6.2 Indoor Vertical Farm
9.6.3 Container Farm
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Vegetable Cultivation
9.10.2 Fruit Planting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Glass Or Polymer Greenhouse
10.6.2 Indoor Vertical Farm
10.6.3 Container Farm
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Vegetable Cultivation
10.10.2 Fruit Planting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Glass Or Polymer Greenhouse
11.6.2 Indoor Vertical Farm
11.6.3 Container Farm
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Vegetable Cultivation
11.10.2 Fruit Planting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Glass Or Polymer Greenhouse
12.6.2 Indoor Vertical Farm
12.6.3 Container Farm
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Vegetable Cultivation
12.10.2 Fruit Planting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Glass Or Polymer Greenhouse
13.6.2 Indoor Vertical Farm
13.6.3 Container Farm
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Vegetable Cultivation
13.10.2 Fruit Planting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aeroponic Indoor Farm Market: Competitive Dashboard
14.2 Global Aeroponic Indoor Farm Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AeroFarms
14.3.2 Gotham Greens
14.3.3 Plenty (Bright Farms)
14.3.4 Lufa Farms
14.3.5 Beijing IEDA Protected Horticulture
14.3.6 Green Sense Farms
14.3.7 Garden Fresh Farms
14.3.8 Mirai
14.3.9 Sky Vegetables
14.3.10 TruLeaf
14.3.11 Urban Crops
14.3.12 Sky Greens
14.3.13 GreenLand
14.3.14 Scatil
14.3.15 Jingpeng
14.3.16 Metropolis Farms
14.3.17 Plantagon
14.3.18 Spread
14.3.19 Sanan Sino Science
14.3.20 Nongzhong Wulian
