The North America Indoor Farming Market would witness market growth of 12.3% CAGR during the forecast period (2022-2028).
Indoor agriculture is a type of modern agriculture that involves growing crops in a controlled environment. The market for indoor farming is growing, due to the growing population and the resulting demand for more secure and reliable food sources. Agriculture in the traditional sense is restricted to locations with sufficient water and land. Because it is decoupled from such requirements and may be positioned closer to end consumers, the demand for indoor farming is growing as the amount of vacant fertile land and water to sustain conventional agriculture is shrinking.
Governments encourage the construction of indoor farms, as well as other initiatives, to address this issue, which would fuel the market's growth. Organic foods are assumed to be healthier, safer, more nutritious, and more environmentally friendly. Consumers' food purchasing behavior is a critical factor that drives the demand for organic food, and producers, legislators, and suppliers must adopt successful marketing tactics.
Farmers in the United States have been able to implement large-scale indoor farming with the use of high-efficiency LED lighting and improved indoor management procedures. Such approaches are estimated to save approximately 50% on energy lighting expenses, lowering the carbon footprint of controlled environment agriculture. The average production of regular lettuce farming increases when cultivated through vertical farming, according to the US Department of Agriculture. The greenhouse crop production sector currently dominates the indoor farming sector in the United States.
The emergence of urban population dwellings in cities like New York, Chicago, and Milwaukee has accelerated the environment for indoor farming with activities like restructuring derailed vacant storage facilities, derelict buildings, and high rises, which has resulted in an increase in the production of fresh grown foods overall. The market for hydroponic operations is being driven by the rising demand for greenhouse tomatoes across the country.
The US market dominated the North America Indoor Farming Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $18,892.6 million by 2028. The Canada market is poised to grow at a CAGR of 14.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13.8% during (2022 - 2028).
Based on Component, the market is segmented into Hardware (Lighting systems, Irrigation systems, Sensors, and Climate control systems) and Software (Web-Based and Cloud-Based). Based on Facility Type, the market is segmented into Greenhouses, Vertical Farms, and Others. Based on Crop Type, the market is segmented into Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Leafy Greens, Herbs, Cucumber, Flowers & Ornamentals, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Indoor Farming Market is Estimated to reach $88.2 Billion by 2028, at a CAGR of 12.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Orbia Advance Corporation, Certhon, General Hydroponics, Hydrodynamics International, Argus Control Systems Limited, Priva BV, LumiGrow, Inc., Richel Group, and Vertical Farm Systems Pty Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Lighting systems
- Irrigation systems
- Sensors
- Climate control systems
- Software
By Facility Type
- Greenhouses
- Vertical Farms
- Others
By Crop Type
- Tomato
- Lettuce
- Bell & Chili Peppers
- Strawberry
- Leafy Greens
- Herbs
- Cucumber
- Flowers & Ornamentals
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Orbia Advance Corporation
- Certhon
- General Hydroponics
- Hydrodynamics International
- Argus Control Systems Limited
- Priva BV
- LumiGrow, Inc.
- Richel Group
- Vertical Farm Systems Pty Ltd
TABLE 1 North America Indoor Farming Market, 2018 - 2021, USD Million
TABLE 2 North America Indoor Farming Market, 2022 - 2028, USD Million
TABLE 3 North America Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 4 North America Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 5 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 8 North America Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 9 North America Lighting systems Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Lighting systems Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Irrigation systems Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Irrigation systems Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Sensors Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Sensors Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Climate control systems Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Climate control systems Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 20 North America Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 21 North America Web-Based Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Web-Based Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Cloud-Based Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Cloud-Based Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 26 North America Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 27 North America Greenhouses Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Greenhouses Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Vertical Farms Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Vertical Farms Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 34 North America Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 35 North America Tomato Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Tomato Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Lettuce Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Lettuce Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Bell & Chili Peppers Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Bell & Chili Peppers Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Strawberry Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Strawberry Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Leafy Greens Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Leafy Greens Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Herbs Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Herbs Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Cucumber Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Cucumber Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Flowers & Ornamentals Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Flowers & Ornamentals Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Indoor Farming Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Indoor Farming Market by Country, 2022 - 2028, USD Million
TABLE 55 US Indoor Farming Market, 2018 - 2021, USD Million
TABLE 56 US Indoor Farming Market, 2022 - 2028, USD Million
TABLE 57 US Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 58 US Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 59 US Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 60 US Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 61 US Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 62 US Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 63 US Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 64 US Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 65 US Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 66 US Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 67 Canada Indoor Farming Market, 2018 - 2021, USD Million
TABLE 68 Canada Indoor Farming Market, 2022 - 2028, USD Million
TABLE 69 Canada Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 70 Canada Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 71 Canada Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 72 Canada Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 73 Canada Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 74 Canada Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 75 Canada Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 76 Canada Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 77 Canada Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 78 Canada Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 79 Mexico Indoor Farming Market, 2018 - 2021, USD Million
TABLE 80 Mexico Indoor Farming Market, 2022 - 2028, USD Million
TABLE 81 Mexico Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 82 Mexico Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 83 Mexico Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 84 Mexico Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 85 Mexico Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 86 Mexico Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 87 Mexico Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 88 Mexico Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 89 Mexico Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 90 Mexico Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 91 Rest of North America Indoor Farming Market, 2018 - 2021, USD Million
TABLE 92 Rest of North America Indoor Farming Market, 2022 - 2028, USD Million
TABLE 93 Rest of North America Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 94 Rest of North America Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 95 Rest of North America Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 96 Rest of North America Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 97 Rest of North America Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 98 Rest of North America Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 99 Rest of North America Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 100 Rest of North America Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 101 Rest of North America Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 102 Rest of North America Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 103 Key Information – Orbia Advance Corporation
TABLE 104 Key Information – Certhon
TABLE 105 Key Information – General Hydroponics
TABLE 106 Key Information – Hydrodynamics International
TABLE 107 Key Information – Argus Control Systems Limited
TABLE 108 Key Information – Priva BV
TABLE 109 Key Information – LumiGrow, Inc.
TABLE 110 Key Information – Richel Group S.A.
TABLE 111 Key Information – Vertical Farm Systems Pty Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent Strategies and Developments: Orbia Advance cOrporation