The United States Indoor Farming market size in 2022 is 8210.52 million US dollars, and it is expected to be 22533.83 million US dollars by 2029, with a compound annual growth rate of 15.51% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Indoor Farming market include Bowery Farming, Plenty, AeroFarms, Kalera, and Upward Farms. The share of the top 3 players in the Indoor Farming market is 0.59%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Hydroponics, Aeroponics, etc. Application segment includes Vegetable Cultivation, Fruit Planting, etc.
---Hydroponics contributes approximately 48.05% share to the market in 2022.
---Vegetable Cultivation contributes approximately 60.84% share to the market in 2022.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding United States Indoor Farming Market dynamics, structure by identifying and analyzing the market segments and project the United States market size.
In addition, the market SWOT analysis, dynamics, trends, technologies, opportunities and challenges analysis are covered in the report.
Further, the report also focuses on the competitive analysis of key players by product, financial position, product portfolio, growth strategies, and regional presence.
The market for indoor farming in the United States has witnessed several notable trends. Here are some observed market trends in the indoor farming industry in the United States:
Increasing Demand for Locally Grown Produce: There is a growing consumer preference for locally grown, fresh, and pesticide-free produce. Indoor farming, also known as vertical farming or controlled environment agriculture, allows for year-round cultivation of crops in urban areas, closer to consumers. This trend is driven by the desire for sustainable and transparent food production, reduced food miles, and the availability of fresh produce regardless of season.
Technological Advancements in Indoor Farming: The indoor farming industry is experiencing rapid technological advancements. These include innovations in lighting systems (LED), hydroponic and aeroponic growing systems, climate control technologies, and automation and data analytics. These advancements enable more efficient and precise control over growing conditions, resource utilization, and crop yield optimization.
Adoption of Vertical Farming: Vertical farming, where crops are grown in stacked layers or vertically inclined structures, is gaining popularity in the United States. This approach maximizes space utilization, allowing for higher crop yields per square foot. Vertical farms can be established in urban areas, enabling fresh produce to be grown close to consumer populations, reducing transportation costs and environmental impact.
Emphasis on Sustainable and Environmentally Friendly Practices: Indoor farming offers several sustainability advantages compared to traditional agriculture. It allows for reduced water usage through precise irrigation systems, minimized reliance on pesticides and herbicides, and reduced energy consumption through efficient lighting and climate control technologies. The market trend reflects the increasing importance of sustainable and environmentally friendly practices in food production.
Growing Interest in Specialty and High-Value Crops: Indoor farming provides a controlled environment that can be optimized for growing specialty crops, such as herbs, microgreens, baby greens, and exotic or rare varieties. The demand for these high-value crops, which are often used in gourmet or specialty food products, is growing in the United States. Indoor farming allows for year-round cultivation of these crops, meeting the demand of chefs, restaurants, and health-conscious consumers.
Collaboration between Indoor Farms and Retailers/Food Service Providers: Indoor farming companies are increasingly partnering with retailers, grocery chains, and food service providers to establish direct supply chains. This collaboration ensures a steady and reliable source of locally grown produce for these businesses, reducing the need for long-distance transportation and storage. Such partnerships also help to establish consumer trust and enhance brand positioning.
Investment and Funding in Indoor Farming Startups: The indoor farming industry has attracted significant investment and funding in recent years. Venture capital firms, private equity investors, and even traditional agricultural companies are recognizing the potential of indoor farming and its ability to disrupt the food supply chain. This investment trend is driving innovation, research, and development in the industry, further accelerating its growth.
Highlights-Regions
Southeast
Far West
Mideast
Great Lakes
Southwest
Plains
New England
Rocky Mountains
Player list
Bowery Farming
Plenty
AeroFarms
Kalera
Upward Farms
80 Acres Farms
FreshBox Farms
Vertical Roots
Artesian Farm
Garden Fresh Farms
Dream Harvest Farming Company
Living Greens Farm
Types list
Hydroponics
Aeroponics
Others
Application list
Vegetable Cultivation
Fruit Planting
Others
List of Tables and Figures
Figure Picture of Indoor Farming
Table Definition of Indoor Farming
Figure United States Indoor Farming Market Value 2018 VS 2022 VS 2029
Figure United States Indoor Farming Value and Growth Rate from 2018-2029
Table Different Types of Indoor Farming
Figure United States Indoor Farming Value Segment by Type from 2018-2023
Figure United States Indoor Farming Market Share by Types in 2022
Table Different Applications of Indoor Farming
Figure United States Indoor Farming Value Segment by Applications from 2018-2023
Figure United States Indoor Farming Market Share by Applications in 2022
Table Research Regions of Indoor Farming
Figure United States Indoor Farming Market Share by Regions in 2022
Figure Southeast Indoor Farming Value and Growth Rate (2018-2023)
Figure Far West Indoor Farming Value and Growth Rate (2018-2023)
Figure Mideast Indoor Farming Value and Growth Rate (2018-2023)
Figure Great Lakes Indoor Farming Value and Growth Rate (2018-2023)
Figure Southwest Indoor Farming Value and Growth Rate (2018-2023)
Figure Plains Indoor Farming Value and Growth Rate (2018-2023)
Figure New England Indoor Farming Value and Growth Rate (2018-2023)
Figure Rocky Mountains Indoor Farming Value and Growth Rate (2018-2023)
Table Potential Market of Indoor Farming
Table Growing Market of Indoor Farming
Table Industry News by Regions
Table Industry Policies by Regions
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Influence of COVID-19 Outbreak on Indoor Farming Industry Development
Table Analysis of Inflation
Figure Industry Chain Analysis of Indoor Farming
Table Major Players Business Area Indoor Farming in 2022
Table Major Players Indoor Farming Product Types in 2022
Figure Business Cost Structure of Indoor Farming
Table United States Indoor Farming Value by Type (2018-2023)
Table United States Indoor Farming Value Share by Type (2018-2023)
Figure United States Indoor Farming Value Share by Type (2018-2023)
Figure Downstream Market Overview
Table United States Indoor Farming Value by Application (2018-2023)
Table United States Indoor Farming Value Market Share by Application (2018-2023)
Figure United States Indoor Farming Value Market Share by Application (2018-2023)
Table United States Indoor Farming Value by Region (2018-2023)
Table United States Indoor Farming Value Market Share by Region (2018-2023)
Figure United States Indoor Farming Value Market Share by Region (2018-2023)
Table United States Indoor Farming Value and Gross Margin (2018-2023)
Table Southeast Indoor Farming Value and Gross Margin (2018-2023)
Table Far West Indoor Farming Value and Gross Margin (2018-2023)
Table Mideast Indoor Farming Value and Gross Margin (2018-2023)
Table Great Lakes Indoor Farming Value and Gross Margin (2018-2023)
Table Southwest Indoor Farming Value and Gross Margin (2018-2023)
Table Plains Indoor Farming Value and Gross Margin (2018-2023)
Table New England Indoor Farming Value and Gross Margin (2018-2023)
Table Rocky Mountains Indoor Farming Value and Gross Margin (2018-2023)
Figure Top 3 Market Share of Indoor Farming Companies in 2022
Figure Top 6 Market Share of Indoor Farming Companies in 2022
Table Major Players Value Share (2018-2023)
Table Mergers, Acquisitions and Expansion Analysis
Table Company Profiles
Table Production Introduction
Table Bowery Farming Value, and Gross Margin 2018-2023
Figure Bowery Farming Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Plenty Value, and Gross Margin 2018-2023
Figure Plenty Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table AeroFarms Value, and Gross Margin 2018-2023
Figure AeroFarms Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Kalera Value, and Gross Margin 2018-2023
Figure Kalera Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Upward Farms Value, and Gross Margin 2018-2023
Figure Upward Farms Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table 80 Acres Farms Value, and Gross Margin 2018-2023
Figure 80 Acres Farms Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table FreshBox Farms Value, and Gross Margin 2018-2023
Figure FreshBox Farms Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Vertical Roots Value, and Gross Margin 2018-2023
Figure Vertical Roots Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Artesian Farm Value, and Gross Margin 2018-2023
Figure Artesian Farm Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Garden Fresh Farms Value, and Gross Margin 2018-2023
Figure Garden Fresh Farms Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Dream Harvest Farming Company Value, and Gross Margin 2018-2023
Figure Dream Harvest Farming Company Value Market Share 2018-2023
Table Company Profiles
Table Production Introduction
Table Living Greens Farm Value, and Gross Margin 2018-2023
Figure Living Greens Farm Value Market Share 2018-2023
Table United States Indoor Farming Market Value Forecast, by Type
Table United States Indoor Farming Market Value Share Forecast, by Type
Table United States Market Value Forecast by Application (2023-2029)
Table United States Market Value Share Forecast by Application (2023-2029)
Table United States Indoor Farming Market Value Forecast, by Region (2023-2029)
Table United States Indoor Farming Market Value Share Forecast, by Region (2023-2029)
Figure Southeast Market Value and Growth Rate Forecast (2023-2029)
Figure Far West Market Value and Growth Rate Forecast (2023-2029)
Figure Mideast Market Value and Growth Rate Forecast (2023-2029)
Figure Great Lakes Market Value and Growth Rate Forecast (2023-2029)
Figure Southwest Market Value and Growth Rate Forecast (2023-2029)
Figure Plains Market Value and Growth Rate Forecast (2023-2029)
Figure New England Market Value and Growth Rate Forecast (2023-2029)
Figure Rocky Mountains Market Value and Growth Rate Forecast (2023-2029)
Table Indoor Farming Market Forecast Under COVID-19
Figure Industry Resource/Technology/Labor Importance Analysis
Table New Entrants SWOT Analysis
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
