+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Plant Factory Market by Growing System (Non-soil-based, Soil-based, Hybrid), Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Other Crop Types), Facility Type (Greenhouses, Indoor Farms), Light Type and Region - Global Forecast to 2028

  • PDF Icon

    Report

  • 285 Pages
  • May 2023
  • Region: Global
  • Markets and Markets
  • ID: 5410427
Description Jump to:

Europe is Expected to Account for the Largest Market Share in 2023

The plant factory market is projected to grow from USD 138 Million in 2023 to USD 196 Million by 2028, at a CAGR of 7.3% during the forecast period. Climate change is causing more frequent and severe weather events, damaging crops and disrupting traditional farming methods. Plant factory systems offer a way to produce crops in a controlled environment, which is less vulnerable to weather-related disruptions.

The greenhouse segment is expected to account for the largest share in 2023.

Based on facility type, the greenhouse segment is projected to lead the plant factory market during the forecast period. As consumers become more interested in locally grown and sustainably produced food, the demand for indoor-grown produce is increasing. Advanced greenhouse facilities can meet this demand by producing high-quality crops year-round in a controlled environment, and plant factory systems can complement these facilities by providing a source of seedlings or young plants for transplanting into the greenhouse.

The Vegetables Segment is projected to dominate the market share in the crop type segment during the forecast period.

Based on the crop-type segment, the vegetables segment is projected to dominate the market share during the forecast period. Plant factories can also help improve the sustainability and efficiency of vegetable production. By using hydroponic or aeroponic systems, growers can reduce water usage, minimize fertilizer runoff, and optimize energy use. Additionally, plant factories can be located close to urban centers, reducing transportation costs and carbon emissions associated with long-distance food transport.

Europe is expected to account for the largest market share in 2023.

The Plant Factory market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World. Europe accounted for the largest market share in 2023. According to the World Bank 2020, the EU’s percentage of arable land has been consistently dropping since 1960. Today, less than 25% of the region’s land area is arable. With less than 15 percent of their land being arable, countries like Croatia, Estonia, and Slovenia are particularly affected by this problem. Companies and cities are turning to CEA in response to the problem of a lack of available space and land suitable for crop cultivation. As the amount of arable land in Europe decreases, it becomes more difficult to produce enough fresh, high-quality produce to meet local demand. Plant factories can help fill this gap by producing fresh, locally grown produce in urban areas, which can then be distributed to nearby communities. This can help to ensure a reliable supply of fresh produce even as the amount of arable land in Europe declines.

The break-up of the profile of primary participants in the plant factory market:

  • By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%
  • By Designation: C Level - 35%, Director Level - 45%, Others-20%
  • By Region: Asia Pacific - 45%, Europe - 25%, North America - 10%, South America - 5%, and Rest of the World - 15%

Prominent companies include AeroFarms (US), Gotham Greens (US), BOWERY FARMING INC. (US), Oishii (US), and Plenty Unlimited Inc. (US) among others.

Research Coverage:

This research report categorizes the plant factory market by Growing System (Soil-based, non-soil-based, and Hybrid), Facility Type (Greenhouses, Indoor Farms, Other Facility Types), Light Type (Sunlight, Full Artificial Light), Crop Type (Vegetables, Fruits, Flowers & Ornamentals, other crop type), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the plant factory market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the plant factory market. Competitive analysis of upcoming startups in the plant factory market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall plant factory market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Higher yield as compared to traditional agriculture practices, Plant factories have lesser impact of external weather conditions), restraints (High capital investments, Requirement of high-precision environment), opportunity (Increased adoption of plant factories by restaurants and grocery stores amid the COVID-19 pandemic, Rise in demand for floriculture and ornamental horticulture), and challenges (Tapping into the organic food market, Risk of equipment failure and delay in the learning curve among growers, Spread of waterborne diseases and algae in closed systems) influencing the growth of the plant factory market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the plant factory market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the plant factory market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the plant factory market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like AeroFarms (US), Gotham Greens (US), BOWERY FARMING INC. (US), Oishii (US), Plenty Unlimited Inc. (US) among others in the plant factory market strategies. The report also helps stakeholders understand the plant factory market and provides them with ainformation on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Market Segmentation
1.3.2 Regions Covered
Figure 2 Plant Factory Market: Geographic Scope
1.4 Inclusions & Exclusions
1.5 Periodization Considered
1.6 Currency Considered
Table 1 US Dollar Exchange Rates Considered, 2019-2022
1.7 Stakeholders
1.8 Summary of Changes
1.8.1 Recession Impact

2 Research Methodology
2.1 Research Data
Figure 3 Plant Factory Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Insights from Industry Experts
2.1.2.3 Breakdown of Primary Interviews
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
2.2.1 Market Size Estimation: Bottom-Up Approach
Figure 5 Plant Factory Market Size Estimation: Bottom-Up Approach
2.2.2 Market Size Estimation: Top-Down Approach
Figure 6 Plant Factory Market Size Estimation: Top-Down Approach
Figure 7 Plant Factory Market Size Estimation (Demand Side)
Figure 8 Plant Factory Market Size Estimation, by Crop Type (Supply Side)
2.3 Data Triangulation
Figure 9 Data Triangulation and Market Breakup
2.4 Growth Rate Forecast
2.5 Assumptions
Figure 10 Assumptions
2.6 Limitations and Associated Risks
Table 2 Limitations and Associated Risks
2.7 Recession Impact Analysis
2.7.1 Recession Impact on Plant Factory Market
2.7.1.1 Macro Indicators of Recession
Figure 11 Recession Indicators and Impact on Plant Factory Market
Figure 12 Global Plant Factory Market: Earlier Forecast vs. Recession Forecast

3 Executive Summary
Table 3 Plant Factory Market Snapshot, 2023 vs. 2028
Figure 13 Plant Factory Market Size, by Facility Type, 2023 vs. 2028 (USD Million)
Figure 14 Plant Factory Market Size, by Growing System, 2023 vs. 2028 (USD Million)
Figure 15 Plant Factory Market Size, by Crop Type, 2023 vs. 2028 (USD Million)
Figure 16 Plant Factory Market Size, by Light Type, 2023 vs. 2028 (USD Million)
Figure 17 Plant Factory Market Share, by Region, 2022

4 Premium Insights
4.1 Attractive Opportunities for Companies in Plant Factory Market
Figure 18 Rising Population and Concerns Over Food Security to Drive Growth of Plant Factory Market
4.2 Asia-Pacific: Plant Factory Market, by Crop Type and Country, 2022
Figure 19 Vegetable Segment and China to Account for Largest Market Shares in 2022
4.3 Plant Factory Market: Regional Submarkets
Figure 20 Netherlands to Grow at Highest CAGR During Forecast Period
4.4 Plant Factory Market, by Growing System and Region, 2023 vs. 2028
Figure 21 Europe to Dominate Plant Factory Market by Growing System, 2023 vs. 2028
4.5 Plant Factory Market, by Crop Type, 2023 vs. 2028
Figure 22 Vegetable Segment to Account for Largest Market Size During Forecast Period
4.6 Plant Factory Market, by Facility Type, 2023 vs. 2028
Figure 23 Greenhouse Segment to Account for Largest Market Size During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increasing Global Population
Figure 24 World Population by Group of Economies
Figure 25 World Population, 1950-2021
Figure 26 Population Growth Trend, 1950-2050
5.2.2 Rapid Urbanization
Figure 27 Number of People Living in Urban and Rural Areas Globally
Figure 28 Urban Population by Group of Economies (Percentage of Total Population)
5.3 Market Dynamics
Figure 29 Driver, Restraints, Opportunities, and Challenges: Plant Factory Market
5.3.1 Drivers
5.3.1.1 Higher Yield Compared to Traditional Agricultural Practices
Table 4 Yield of Crops: Soil Cultivation vs. Hydroponics (Lbs/Acre)
5.3.1.2 Low Impact on External Weather Conditions
5.3.2 Restraints
5.3.2.1 High Capital Investments
Figure 30 Breakeven Cost of Production to Grow and Deliver Greens (Dollars Per Pound)
Figure 31 Electricity Prices Paid by Industrial Sector (Cents Per Kilowatt-Hour)
5.3.2.2 Requirement of High-Precision Environment
5.3.3 Opportunities
5.3.3.1 Increased Adoption of Plant Factories by Restaurants and Grocery Stores Amid COVID-19 Pandemic
5.3.3.2 Rising Demand for Floriculture and Ornamental Horticulture
Figure 32 India: Fruits & Vegetables, Floriculture Exports
Figure 33 Canada: Ornamental Sales and Resales by Sub-Sector (Millions of Canadian Dollars)
5.3.4 Challenges
5.3.4.1 Tapping into Organic Food Market
Figure 34 Global Organic Agricultural Land, 2019
Figure 35 Organic Food Sales in the US and European Union
Figure 36 Countries with the Highest Per Capita Consumption of Organic Food in 2019
5.3.4.2 Risk of Equipment Failure and Delay in Learning Curve Among Growers
5.3.4.3 Spread of Waterborne Diseases and Algae in Closed Systems

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Raw Material Suppliers
6.2.2 Plant Factory Providers
6.2.3 Plant Factory Technology Providers
6.2.4 Consulting & Management Services
6.2.5 End-users
Figure 37 Plant Factory Market: Value Chain Analysis
6.3 Technology Analysis
6.3.1 Automation and Robotics
6.3.2 Data Analytics and Machine Learning
6.4 Trends/Disruptions Impacting Customer Businesses
Figure 38 Plant Factory Market: Trends/Disruptions Impacting Buyers/Customers
6.5 Patent Analysis
Figure 39 Patents Granted for Plant Factory Market, 2012-2022
Figure 40 Regional Analysis of Patents Granted for Plant Factory Market, 2012-2022
Table 5 Key Patents Pertaining to Plant Factory Market (Crops & Technologies), 2022
6.6 Ecosystem/Market Map
6.6.1 Demand Side
6.6.2 Supply Side
Figure 41 Plant Factory Market: Ecosystem/Market Map
Table 6 Plant Factory Market: Ecosystem
6.7 Trade Scenario
Figure 42 Fruits: Import Value by Key Country, 2018-2022 (USD Thousand)
Table 7 Import Data of Fruits for Key Countries, 2022 (Value)
Figure 43 Fruits: Export Value by Key Country, 2018-2022 (USD Thousand)
Table 8 Export Data of Fruits for Key Countries, 2022 (Value)
Figure 44 Other Vegetables: Import Value by Key Country, 2018-2022 (USD Thousand)
Table 9 Import Data of Other Vegetables for Key Countries, 2022 (Value)
Figure 45 Other Vegetables: Export Value by Key Country, 2018-2022 (USD Thousand)
Table 10 Export Data of Other Vegetables for Key Countries, 2022 (Value)
6.8 Tariff and Regulatory Landscape
6.8.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 South America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Rest of the World: List of Regulatory Bodies, Government Agencies, and Other Organizations
6.8.2 Regulatory Framework
6.8.2.1 North America
6.8.2.2 Europe
6.8.2.3 Asia-Pacific
6.8.2.3.1 India
6.8.2.3.2 China
6.8.2.3.3 Japan
6.9 Porter's Five Forces Analysis
Table 16 Plant Factory Market: Porter's Five Forces Analysis
6.9.1 Intensity of Competitive Rivalry
6.9.2 Bargaining Power of Suppliers
6.9.3 Bargaining Power of Buyers
6.9.4 Threat of Substitutes
6.9.5 Threat of New Entrants
6.10 Key Stakeholders and Buying Criteria
6.10.1 Key Stakeholders in Buying Process
Figure 46 Influence of Stakeholders on Buying Process for Crop Types
Table 17 Influence of Stakeholders on Buying Process for Crop Types
6.10.2 Buying Criteria
Table 18 Key Criteria for Selecting Suppliers/Vendors
Figure 47 Key Criteria for Selecting Suppliers/Vendors
6.11 Case Study Analysis
6.11.1 Use Case 1: Goodleaf Farms Provided Canadians with Fresh, Nutritious, Pesticide-Free Baby Greens and Microgreens
6.11.2 Use Case 2: Toshiba Lighting & Technology Corporation Helped Spread Co. Ltd. Achieve Energy Savings and Reduce Costs
6.11.3 Use Case 3: Sky Greens Saved on Electricity and Water by Using Natural Light Sources
6.12 Key Conferences & Events in 2023
Table 19 Plant Factory Market: Detailed List of Conferences & Events, 2023

7 Plant Factory Market, by Growing System
7.1 Introduction
Figure 48 Plant Factory Market, by Growing System, 2023 vs. 2028 (USD Million)
Table 20 Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 21 Plant Factory Market, by Growing System, 2023-2028 (USD Million)
7.2 Non-Soil-based
7.2.1 Better Yield and Necessity to Grow Crops in Smaller Spaces to Drive Market
Table 22 Non-Soil-based: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 23 Non-Soil-based: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 24 Non-Soil-based: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 25 Non-Soil-based: Plant Factory Market, by Region, 2023-2028 (USD Million)
7.2.2 Hydroponics
7.2.3 Aeroponics
7.2.4 Aquaponics
7.3 Soil-based
7.3.1 Climate Change and Insufficient Crop Productivity to Drive Demand for Soil-based Agriculture
Table 26 Soil-based: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 27 Soil-based: Plant Factory Market, by Region, 2023-2028 (USD Million)
7.4 Hybrid
7.4.1 Hybrid Systems to Offer Dual Advantage for Optimum Production
Table 28 Hybrid: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 29 Hybrid: Plant Factory Market, by Region, 2023-2028 (USD Million)

8 Plant Factory Market, by Crop Type
8.1 Introduction
Figure 49 Plant Factory Market, by Crop Type, 2023 vs. 2028 (USD Million)
Table 30 Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 31 Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
Table 32 Plant Factory Market, by Vegetable Type, 2019-2022 (USD Million)
Table 33 Plant Factory Market, by Vegetable Type, 2023-2028 (USD Million)
Table 34 Vegetables: Plant Factory Market, by Leafy Greens Type, 2019-2022 (USD Million)
Table 35 Vegetables: Plant Factory Market, by Leafy Greens Type, 2023-2028 (USD Million)
Table 36 Vegetables: Plant Factory Market, by Herbs & Microgreens Type, 2019-2022 (USD Million)
Table 37 Vegetables: Plant Factory Market, by Herbs & Microgreens Type, 2023-2028 (USD Million)
Table 38 Plant Factory Market, by Fruit Type, 2019-2022 (USD Million)
Table 39 Plant Factory Market, by Fruit Type, 2023-2028 (USD Million)
Table 40 Plant Factory Market, by Flowers & Ornamentals Type, 2019-2022 (USD Million)
Table 41 Plant Factory Market, by Flowers & Ornamentals Type, 2023-2028 (USD Million)
8.2 Fruits
8.2.1 Year-Round Harvest, Reduced Water Usage, and Minimal Damage Possibilities to Drive Market
Table 42 Fruits: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 43 Fruits: Plant Factory Market, by Region, 2023-2028 (USD Million)
8.2.2 Berries
8.2.2.1 Growing Popularity of Berries as Healthy and Delicious Food to Fuel Production in Plant Factories
8.2.3 Other Fruits
8.3 Vegetables
8.3.1 Consistent Nutrient Levels, Reduced Pesticide Use, and Longer Shelf Life to Drive Demand
Table 44 Vegetables: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 45 Vegetables: Plant Factory Market, by Region, 2023-2028 (USD Million)
8.3.2 Tomato
8.3.2.1 Enhanced Nutritive Value and Reduced Negative Environmental Impact to Drive Demand
8.3.3 Leafy Greens
8.3.3.1 Enhanced Shelf-Life, Increased Food Safety, and Security of Supply to Grow Demand for Leafy Greens
8.3.3.1.1 Lettuce
8.3.3.1.2 Kale
8.3.3.1.3 Spinach
8.3.3.1.4 Other Leafy Greens
8.3.4 Eggplant
8.3.4.1 High Sensitivity to External Conditions to Augment Production of Eggplants in Plant Factories
8.3.5 Herbs & Microgreens
8.3.5.1 Need to Retain Peak Flavor Intensity of Microgreens to Drive Production in Plant Factories
8.3.5.1.1 Basil
8.3.5.1.2 Herbs
8.3.5.1.3 Tarragon
8.3.5.1.4 Wheatgrass
8.3.6 Other Vegetables
8.4 Flowers & Ornamentals
8.4.1 Requirement for Complete Control Over Nutritional Flow and Monitor Ph Levels to Drive Market
Table 46 Flowers & Ornamentals: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 47 Flowers & Ornamentals: Plant Factory Market, by Region, 2023-2028 (USD Million)
8.4.2 Perennials
8.4.2.1 Ease of Production to Drive Market for Perennials Produced in Plant Factories
8.4.3 Annuals
8.4.3.1 Wider Cultivation of Ornamental Annuals in Indoor Farms and Greenhouses to Boost Market
8.4.4 Biennial
8.4.4.1 Longer Growth Periods of Biennials Supplemented by Secure Environments to Propel Market
8.5 Other Crop Types
Table 48 Other Crop Types: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 49 Other Crop Types: Plant Factory Market, by Region, 2023-2028 (USD Million)

9 Plant Factory Market, by Facility Type
9.1 Introduction
Figure 50 Plant Factory Market, by Facility Type, 2023 vs. 2028 (USD Million)
Table 50 Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 51 Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
9.2 Greenhouses
9.2.1 Need to Produce Wider Crop Varieties and Provide Higher Profitability and Growth Prospects to Boost Market
Table 52 Greenhouses: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 53 Greenhouses: Plant Factory Market, by Region, 2023-2028 (USD Million)
9.3 Indoor Farms
9.3.1 Need to Facilitate More Than Three-Fold Yield Than Traditional Farming to Boost Demand
Table 54 Indoor Farms: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 55 Indoor Farms: Plant Factory Market, by Region, 2023-2028 (USD Million)
9.4 Other Facility Types
Table 56 Other Facility Types: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 57 Other Facility Types: Plant Factory Market, by Region, 2023-2028 (USD Million)

10 Plant Factory Market, by Light Type
10.1 Introduction
Figure 51 Plant Factory Market, by Light Type, 2023 vs. 2028 (USD Million)
Table 58 Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 59 Plant Factory Market, by Light Type, 2023-2028 (USD Million)
10.2 Full Artificial Light
10.2.1 Need for Precise Control of Growing Conditions and Year-Round Production of Crops to Drive Market
Table 60 Full Artificial Light: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 61 Full Artificial Light: Plant Factory Market, by Region, 2023-2028 (USD Million)
10.3 Sunlight
10.3.1 Need to Reduce Energy Consumption, Decrease Production Costs, and Improve Crop Quality to Propel Market
Table 62 Sunlight: Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 63 Sunlight: Plant Factory Market, by Region, 2023-2028 (USD Million)

11 Plant Factory Market, by Region
11.1 Introduction
Table 64 Plant Factory Market, by Region, 2019-2022 (USD Million)
Table 65 Plant Factory Market, by Region, 2023-2028 (USD Million)
11.2 Asia-Pacific
11.2.1 Asia-Pacific: Recession Impact Analysis
Figure 52 Asia-Pacific Plant Factory Market: Recession Impact Analysis
Table 66 Asia-Pacific: Plant Factory Market, by Country, 2019-2022 (USD Million)
Table 67 Asia-Pacific: Plant Factory Market, by Country, 2023-2028 (USD Million)
Table 68 Asia-Pacific: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 69 Asia-Pacific: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 70 Asia-Pacific: Plant Factory Market, by Non-Soil-based Growing System, 2019-2022 (USD Million)
Table 71 Asia-Pacific: Plant Factory Market, by Non-Soil-based Growing System, 2023-2028 (USD Million)
Table 72 Asia-Pacific: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 73 Asia-Pacific: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
Table 74 Asia-Pacific: Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 75 Asia-Pacific: Plant Factory Market, by Light Type, 2023-2028 (USD Million)
Table 76 Asia-Pacific: Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 77 Asia-Pacific: Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
11.2.2 China
11.2.2.1 Youth Opting to Live in Cities and Population of Agricultural Workers Getting Older to Drive Market
Table 78 China: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 79 China: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 80 China: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 81 China: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.3 Japan
11.2.3.1 Advancements in Automation and AI Technologies and Availability of Limited Space to Propel Market
Table 82 Japan: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 83 Japan: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 84 Japan: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 85 Japan: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.4 Singapore
11.2.4.1 Food Security Concerns, Extensive R&D, and Adoption of Technical Advancements to Propel Market
Table 86 Singapore: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 87 Singapore: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 88 Singapore: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 89 Singapore: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.5 India
11.2.5.1 Rising Concerns About Food Security and Growing Population to Drive Demand for Plant Factories
Table 90 India: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 91 India: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 92 India: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 93 India: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.6 Australia & New Zealand
11.2.6.1 Harsh Climatic Conditions, Need to Reduce Reliance on Imported Products, and Scarcity of Fresh Water to Drive Market
Table 94 Australia & New Zealand: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 95 Australia & New Zealand: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 96 Australia & New Zealand: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 97 Australia & New Zealand: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.7 South Korea
11.2.7.1 Favorable Government Legislation and Investments by Major Players
Table 98 South Korea: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 99 South Korea: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 100 South Korea: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 101 South Korea: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.8 Taiwan
11.2.8.1 Limited Agricultural Land and Destructive Calamities to Drive Demand for Plant Factories
Table 102 Taiwan: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 103 Taiwan: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 104 Taiwan: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 105 Taiwan: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.2.9 Rest of Asia-Pacific
Table 106 Rest of Asia-Pacific: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 107 Rest of Asia-Pacific: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 108 Rest of Asia-Pacific: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 109 Rest of Asia-Pacific: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3 Europe
11.3.1 Europe: Recession Impact Analysis
Figure 53 European Plant Factory Market: Recession Impact Analysis
Figure 54 Europe: Plant Factory Market Snapshot
Table 110 Europe: Plant Factory Market, by Country, 2019-2022 (USD Million)
Table 111 Europe: Plant Factory Market, by Country, 2023-2028 (USD Million)
Table 112 Europe: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 113 Europe: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 114 Europe: Plant Factory Market, by Non-Soil-based Growing System, 2019-2022 (USD Million)
Table 115 Europe: Plant Factory Market, by Non-Soil-based Growing System, 2023-2028 (USD Million)
Table 116 Europe: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 117 Europe: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
Table 118 Europe: Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 119 Europe: Plant Factory Market, by Light Type, 2023-2028 (USD Million)
Table 120 Europe: Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 121 Europe: Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
11.3.2 Netherlands
11.3.2.1 Higher Prices and Increasing Export Volume of Agricultural Products to Drive Demand for Efficient Farming
Table 122 Netherlands: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 123 Netherlands: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 124 Netherlands: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 125 Netherlands: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.3 Spain
11.3.3.1 Increasing Investments and Advanced Setups to Achieve Higher Volumes of Products to Drive Market
Table 126 Spain: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 127 Spain: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 128 Spain: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 129 Spain: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.4 Italy
11.3.4.1 Rising Organic Croplands and Demand for Out-Of-Season Products to Boost Demand for Plant Factories
Table 130 Italy: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 131 Italy: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 132 Italy: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 133 Italy: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.5 UK
11.3.5.1 Shortage of Agricultural Workers and Regulations and Restrictions due to Brexit to Propel Market
Table 134 UK: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 135 UK: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 136 UK: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 137 UK: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.6 France
11.3.6.1 Decline in Agricultural Land and Continuous Urbanization to Lead to Gradual Adoption of Modern Farming Techniques
Table 138 France: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 139 France: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 140 France: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 141 France: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.7 Turkey
11.3.7.1 Availability of Alternative Energy Sources and Growing Interest in Soilless Crop Cultivation to Boost Market
Table 142 Turkey: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 143 Turkey: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 144 Turkey: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 145 Turkey: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.3.8 Rest of Europe
Table 146 Rest of Europe: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 147 Rest of Europe: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 148 Rest of Europe: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 149 Rest of Europe: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.4 North America
11.4.1 North America: Recession Impact Analysis
Figure 55 North American Plant Factory Market: Recession Impact Analysis
Table 150 North America: Plant Factory Market, by Country, 2019-2022 (USD Million)
Table 151 North America: Plant Factory Market, by Country, 2023-2028 (USD Million)
Table 152 North America: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 153 North America: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 154 North America: Plant Factory Market, by Non-Soil-based Growing System, 2019-2022 (USD Million)
Table 155 North America: Plant Factory Market, by Non-Soil-based Growing System, 2023-2028 (USD Million)
Table 156 North America: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 157 North America: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
Table 158 North America: Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 159 North America: Plant Factory Market, by Light Type, 2023-2028 (USD Million)
Table 160 North America: Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 161 North America: Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
11.4.2 US
11.4.2.1 Loss of Favorable Farmlands and Need to Boost Overall Crop Productivity to Drive Demand for Plant Factories
Table 162 US: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 163 US: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 164 US: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 165 US: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.4.3 Canada
11.4.3.1 Unfavorable Weather Conditions and Awareness of Modern Farming Techniques to Drive Market
Table 166 Canada: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 167 Canada: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 168 Canada: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 169 Canada: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.4.4 Mexico
11.4.4.1 Need to Reduce Carbon Footprint and Crop Cultivation in Water Scarcity to Drive Demand for Plant Factories
Table 170 Mexico: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 171 Mexico: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 172 Mexico: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 173 Mexico: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.5 `Rest of the World
11.5.1 RoW: Recession Impact Analysis
Figure 56 RoW Plant Factory Market: Recession Impact Analysis
Table 174 RoW: Plant Factory Market, by Subregion, 2019-2022 (USD Million)
Table 175 RoW: Plant Factory Market, by Subregion, 2023-2028 (USD Million)
Table 176 RoW: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 177 RoW: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 178 RoW: Plant Factory Market, by Non-Soil-based Growing System, 2019-2022 (USD Million)
Table 179 RoW: Plant Factory Market, by Non-Soil-based Growing System, 2023-2028 (USD Million)
Table 180 RoW: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 181 RoW: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
Table 182 RoW: Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 183 RoW: Plant Factory Market, by Light Type, 2023-2028 (USD Million)
Table 184 RoW: Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 185 RoW: Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
11.5.2 Africa
11.5.2.1 Integration of Technologies and Government Initiatives to Augment Agricultural Sector to Drive Market
Table 186 Africa: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 187 Africa: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 188 Africa: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 189 Africa: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.5.3 Middle East
11.5.3.1 Lack of Fresh Water for Agriculture and Arable Land to Augment Demand for Cea Practices
Table 190 Middle East: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 191 Middle East: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 192 Middle East: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 193 Middle East: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.6 South America
11.7 South America: Recession Impact Analysis
Figure 57 South American Plant Factory Market: Recession Impact Analysis
Table 194 South America: Plant Factory Market, by Country, 2019-2022 (USD Million)
Table 195 South America: Plant Factory Market, by Country, 2023-2028 (USD Million)
Table 196 South America: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 197 South America: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 198 South America: Plant Factory Market, by Non-Soil-based Growing System, 2019-2022 (USD Million)
Table 199 South America: Plant Factory Market, by Non-Soil-based Growing System, 2023-2028 (USD Million)
Table 200 South America: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 201 South America: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
Table 202 South America: Plant Factory Market, by Light Type, 2019-2022 (USD Million)
Table 203 South America: Plant Factory Market, by Light Type, 2023-2028 (USD Million)
Table 204 South America: Plant Factory Market, by Crop Type, 2019-2022 (USD Million)
Table 205 South America: Plant Factory Market, by Crop Type, 2023-2028 (USD Million)
11.7.1 Brazil
11.7.1.1 Limited Water Resources and Increasing Population to Drive Adoption Rate of Plant Factories
Table 206 Brazil: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 207 Brazil: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 208 Brazil: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 209 Brazil: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.7.2 Argentina
11.7.2.1 Surge in Food Consumption and Necessity to Establish Reliable and Secure Food Supply to Drive Demand for Plant Factories
Table 210 Argentina: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 211 Argentina: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 212 Argentina: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 213 Argentina: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)
11.7.3 Rest of South America
Table 214 Rest of South America: Plant Factory Market, by Growing System, 2019-2022 (USD Million)
Table 215 Rest of South America: Plant Factory Market, by Growing System, 2023-2028 (USD Million)
Table 216 Rest of South America: Plant Factory Market, by Facility Type, 2019-2022 (USD Million)
Table 217 Rest of South America: Plant Factory Market, by Facility Type, 2023-2028 (USD Million)

12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis, 2022
Table 218 Plant Factory Market: Degree of Competition (Fragmented)
12.3 Strategies Adopted by Key Players
Table 219 Strategies Adopted by Key Plant Factory Manufacturers
12.4 Company Evaluation Quadrant (Key Players)
12.4.1 Stars
12.4.2 Emerging Leaders
12.4.3 Pervasive Players
12.4.4 Participants
Figure 58 Plant Factory Market: Company Evaluation Quadrant, 2022 (Key Players)
12.4.5 Product Footprint
Table 220 Crop Type: Company Footprint
Table 221 Facility Type: Company Footprint
Table 222 Region: Company Footprint
Table 223 Overall Company Footprint
12.5 Plant Factory Market, Evaluation Quadrant for Startups/SMEs, 2022
12.5.1 Progressive Companies
12.5.2 Starting Blocks
12.5.3 Responsive Companies
12.5.4 Dynamic Companies
Figure 59 Plant Factory Market: Company Evaluation Quadrant, 2022 (Startup/SME)
12.5.5 Competitive Benchmarking of Key Startups/SMEs
Table 224 Plant Factory Market: Detailed List of Key Startups/SMEs
Table 225 Plant Factory Market: Competitive Benchmarking of Key Startups/SMEs
12.6 Competitive Scenario
12.6.1 Deals
Table 226 Plant Factory Market: Deals, 2018-2023
12.6.2 Others
Table 227 Plant Factory Market: Others, 2018-2023

13 Companies Profile
13.1 Introduction
Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View
13.2 Key Players
13.2.1 Aerofarms
Table 228 Aerofarms: Business Overview
Table 229 Aerofarms: Products/Solutions/Services Offered
Table 230 Aerofarms: New Product Launches
Table 231 Aerofarms: Plant Factory Market: Deals
Table 232 Aerofarms: Plant Factory Market: Others
13.2.2 Gotham Greens
Table 233 Gotham Greens: Business Overview
Table 234 Gotham Greens: Products/Solutions/Services Offered
Table 235 Gotham Greens: Plant Factory Market: Others
13.2.3 Bowery Farming Inc.
Table 236 Bowery Farming Inc.: Business Overview
Table 237 Bowery Farming Inc.: Products/Solutions/Services Offered
Table 238 Bowery Farming Inc.: Plant Factory Market: Deals
Table 239 Bowery Farming Inc.: Plant Factory Market: Others
13.2.4 Oishii
Table 240 Oishii: Business Overview
Table 241 Oishii: Products/Solutions/Services Offered
13.2.5 Plenty Unlimited Inc.
Table 242 Plenty Unlimited Inc.: Business Overview
Table 243 Plenty Unlimited Inc.: Products/Solutions/Services Offered
Table 244 Plenty Unlimited Inc.: Plant Factory Market: Deals
Table 245 Plenty Unlimited Inc.: Plant Factory Market: Others
13.2.6 Mirai
Table 246 Mirai: Business Overview
Table 247 Mirai: Products/Solutions/Services Offered
Table 248 Mirai: Plant Factory Market: Deals
13.2.7 Agricool
Table 249 Agricool: Business Overview
Table 250 Agricool: Products/Solutions/Services Offered
13.2.8 Appharvest
Table 251 Appharvest: Business Overview
Table 252 Appharvest: Products/Solutions/Services Offered
Table 253 Appharvest: Plant Factory Market: Deals
Table 254 Appharvest: Plant Factory Market: Others
13.2.9 Crop One
Table 255 Crop One: Business Overview
Table 256 Crop One: Products/Solutions/Services Offered
Table 257 Crop One: Plant Factory Market: Deals
Table 258 Crop One: Plant Factory Market: Others
13.2.10 Brightfarms
Table 259 Brightfarms: Business Overview
Table 260 Brightfarms: Products/Solutions/Services Offered
Table 261 Brightfarms: Plant Factory Market: Others
13.3 Other Players
13.3.1 Farminova Plant Factory
Table 262 Farminova Plant Factory: Business Overview
Table 263 Farminova Plant Factory: Products/Solutions/Services Offered
13.3.2 Taikisha Ltd.
Table 264 Taikisha Ltd.: Business Overview
Figure 60 Taikisha Ltd.: Company Snapshot
Table 265 Taikisha Ltd.: Products/Solutions/Services Offered
Table 266 Taikisha Ltd.: Plant Factory Market: Others
13.3.3 Iron Ox, Inc.
Table 267 Iron Ox, Inc.: Business Overview
Table 268 Iron Ox, Inc.: Products/Solutions/Services Offered
Table 269 Iron Ox, Inc.: Plant Factory Market: Others
13.3.4 Vertical Harvest
Table 270 Vertical Harvest: Business Overview
Table 271 Vertical Harvest: Products/Solutions/Services Offered
13.3.5 Smallhold
Table 272 Smallhold: Business Overview
Table 273 Smallhold: Products/Solutions/Services Offered
13.3.6 Badia Farms
13.3.7 Farm.One Inc.
13.3.8 Kalera Inc.
13.3.9 Sky Greens
13.3.10 Dream Harvest
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View Might Not be Captured in the Case of Unlisted Companies.

14 Adjacent & Related Markets
14.1 Introduction
14.2 Limitations
14.3 Hydroponics Market
14.3.1 Market Definition
14.3.2 Market Overview
14.3.3 Hydroponics Market, by Type
14.3.3.1 Introduction
Table 274 Hydroponics Market, by Type, 2019-2021 (USD Million)
Table 275 Hydroponics Market, by Type, 2022-2027 (USD Million)
14.3.4 Hydroponics Market, by Region
14.3.4.1 Introduction
Table 276 Hydroponic Types Market, by Region, 2019-2021 (USD Million)
Table 277 Hydroponic Types Market, by Region, 2022-2027 (USD Million)
Table 278 Hydroponic Inputs Market, by Region, 2019-2021 (USD Million)
Table 279 Hydroponic Inputs Market, by Region, 2022-2027 (USD Million)
Table 280 Hydroponic Crop Market, by Region, 2019-2021 (USD Million)
Table 281 Hydroponic Crop Market, by Region, 2022-2027 (USD Million)
14.4 Indoor Farming Technology Market
14.4.1 Market Definition
14.4.2 Market Overview
14.4.3 Indoor Farming Technology Market, by Growing System
14.4.3.1 Introduction
Table 282 Indoor Farming Technology Market, by Growing System, 2015-2018 (USD Million)
Table 283 Indoor Farming Technology Market, by Growing System, 2019-2026 (USD Million)
14.4.4 Indoor Farming Technology Market, by Region
14.4.4.1 Introduction
Table 284 Indoor Farming Technology Market, by Region, 2015-2018 (USD Million)
Table 285 Indoor Farming Technology Market, by Region, 2019-2026 (USD Million)

15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options

Executive Summary

Companies Mentioned

  • Aerofarms
  • Agricool
  • Appharvest
  • Badia Farms
  • Bowery Farming Inc.
  • Brightfarms
  • Crop One
  • Dream Harvest
  • Farm.One Inc.
  • Farminova Plant Factory
  • Gotham Greens
  • Iron Ox, Inc.
  • Kalera Inc.
  • Mirai
  • Oishii
  • Plenty Unlimited Inc.
  • Sky Greens
  • Smallhold
  • Taikisha Ltd.
  • Vertical Harvest

Table Information

Report AttributeDetails
No. of Pages285
PublishedMay 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 138 Million
Forecasted Market Value ( USD ) by 2028 $ 196 Million
Compound Annual Growth Rate7.3%
Regions CoveredGlobal
No. of Companies Mentioned20

Related Topics

Related Reports

Global Plant Factory Market by Facility Type (Container Farms, Greenhouses, Indoor Farms), Light Type (Fully Artificial, Sunlight), Growing System, Crop Type, End-Use - Forecast 2024-2030 - Product Image

Global Plant Factory Market by Facility Type (Container Farms, Greenhouses, Indoor Farms), Light Type (Fully Artificial, Sunlight), Growing System, Crop Type, End-Use - Forecast 2024-2030

  • Report
  • 193 Pages
  • Global
From
Plant Factory Global Market Report 2024 - Product Image

Plant Factory Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Plant Factory Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - Product Image

Plant Factory Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F

  • Report
  • 188 Pages
  • Global
From
Plant Factory Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

Plant Factory Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 150 Pages
  • Global
From
Greenhouse, Nursery, and Flowers Global Market Report 2024 - Product Image

Greenhouse, Nursery, and Flowers Global Market Report 2024

  • Report
  • 300 Pages
  • Global
From

About the Market

The Plant Factory market is a subset of Crop Farming that focuses on the production of plants in a controlled environment. This type of farming is often referred to as “controlled environment agriculture” (CEA) and is used to grow plants in a controlled environment, such as a greenhouse, warehouse, or other indoor facility. This type of farming is becoming increasingly popular due to its ability to produce higher yields and reduce the need for pesticides and other chemicals. Plant factories are also able to produce plants year-round, regardless of the season or weather conditions. The Plant Factory market is composed of a variety of companies that specialize in the production of plants in a controlled environment. These companies provide a range of services, such as the design and construction of greenhouses, the installation of lighting and climate control systems, and the production of hydroponic systems. Additionally, these companies often provide consulting services to help farmers optimize their production and maximize their yields. Some of the companies in the Plant Factory market include BrightFarms, AeroFarms, Freight Farms, and Urban Crops. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.