Market Overview:
The global hydroponic 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 hydroponic farming, and government initiatives supporting the adoption of hydroponic farming. The global hydroponic indoor farm market can be 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 account for a major share of the global market due to its advantages such as high transparency and durability over traditional greenhouses. The indoor vertical farm segment is projected to grow at a high rate during the forecast period owing to its ability to use limited space efficiently. On the basis of application, the global hydroponic indoor farm market can be divided into vegetable cultivation and fruit planting.
Product Definition:
A hydroponic indoor farm is a facility where crops are grown with their roots in water and other nutrient solutions, instead of soil. Hydroponic farming allows crops to be grown year-round, regardless of weather conditions.
Glass Or Polymer Greenhouse:
Glass or polymer greenhouse is a structure that is used to grow plants in indoor conditions without the benefit of soil. The glass or plastic covering allows sun, light, and nutrients to enter the plant but prevents them from getting lost due to their reflection. This helps in increasing the yield of crops with limited resources such as water and land. Glass greenhouses are also known as horticulture greenhouses owing to their primary use for growing fruits, vegetables, flowers etc.
Indoor Vertical Farm:
The indoor vertical farm is a method of producing food in a controlled environment, which includes stacked layers of soil, artificial or synthetic lighting and other environmental controls. Indoor vertical farms are also known as hydroponic farms because they produce crops without the need for soil.
Application Insights:
The vegetable cultivation segment accounted for the largest revenue share in 2016 and is anticipated to continue leading over the forecast period. Hydroponic indoor farms are widely used to grow vegetables such as cucumbers, tomatoes, peppers, lettuce and other salad greens for consumption by consumers. The growing demand for these crops is expected to drive growth during the forecast period.
Fruits plantation application segment is expected to witness significant growth over the next eight years owing to increased production of fruits such as apples, pears and grapes which require less space than vegetables do. Grapes have become one of the most popular fruit plants in recent times owing to their high nutritional content; they also make excellent wine when grown under proper conditions.
Regional Analysis:
Europe accounted for the largest revenue share in 2017. The region is expected to dominate the global market over the forecast period owing to increasing awareness regarding indoor farming and technological advancements. Moreover, government initiatives are supporting industry growth by providing subsidies on energy-efficient technologies and infrastructure development. For instance, in 2016, EU member states provided more than USD X million funding for projects that involved hydroponic technology across Europe.
Growth Factors:
- Increasing demand for organic produce: There is a growing demand for organic produce across the globe. This is because consumers are becoming increasingly aware of the health benefits of consuming organic food. The Hydroponic Indoor Farm market offers a range of benefits such as pesticide-free and chemical-free produce, which is driving its growth.
- Rising awareness about healthy eating: There has been a rise in awareness about the importance of healthy eating in recent years. Consumers are now more interested in consuming fresh and nutritious food items that are low in fat and calories. The Hydroponic Indoor Farm market offers an array of fresh fruits and vegetables that are low in calories and unhealthy additives, making it an attractive option for health-conscious consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroponic 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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Hydroponic Indoor Farm Market Report Segments:
The global Hydroponic 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 Hydroponic 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 Hydroponic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Hydroponic indoor farms are a type of agriculture that uses water and nutrients to grow plants without the use of soil. Plants are grown in large, enclosed containers filled with water, air, and nutrients.
Some of the key players operating in the hydroponic 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 Hydroponic 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 Hydroponic Indoor Farm Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroponic 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 Hydroponic 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 Hydroponic Indoor Farm Market Size & Forecast, 2020-2028
4.5.1 Hydroponic Indoor Farm Market Size and Y-o-Y Growth
4.5.2 Hydroponic 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 Hydroponic 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 Hydroponic 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 Hydroponic Indoor Farm Market: Competitive Dashboard
14.2 Global Hydroponic 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
