Comprehensive historical analysis of global market for Plant Factory has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Plant Factory market.
The Plant Factory is projected to exceed USD 242.2 Billion by 2032, growing at a CAGR of 7.1% from 2022 to 2032.
The report includes growth prospects in The Global Plant Factory Market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Agriculture and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
Leading players of Plant Factory including:
- BrightFarms
- AeroFarms
- Gotham Greens
- AppHarvest
- Bowery Farming
- Plenty Unlimited Inc.
- Mirai Co. Ltd.
- Farminova
- Iron Ox
- Taiksha Ltd.
- Crop One
- Vertical Harvest
- Farmone
- Smallhold
- Oishii
- Others
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Key Drivers of Market Growth:
- Technological Innovations: The integration of industrial automation and bioinformatics in plant factories enhances crop production efficiency and yield.
- Sustainable Agriculture Demand: Growing awareness of environmental sustainability is propelling the adoption of plant factories, which utilize controlled environments to optimize resource use.
- Urbanization and Food Security: As urban areas expand, plant factories offer a solution for local, year-round food production, addressing food security concerns.
Market split by Segement, can be divided into:
Global Plant Factory Market, By Facility Type
- Indoor farms
- Greenhouses
- Others
Global Plant Factory Market, By Growing System
- Soil-Based
- Non-Soil-Based
- Hybrid
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East Africa
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In March 2023, BrightFarms, a national player in the indoor farming sector, has expanded with four new regional greenhouse hubs that will provide sustainably grown leafy greens to more people in the Eastern and Central United States.
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Future Outlook:
With the global emphasis on sustainable food production and the challenges posed by a growing population, plant factories are poised to play a crucial role in the future of agriculture. Their ability to provide controlled, efficient, and high-yield crop production positions them as a key solution for modern agricultural challenges.
Whats covered in the report?
- Overview of the Plant Factory market.
- The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Plant Factory market, based on segement.
- Plant Factory Market trends.
- Plant Factory Market drivers.
- Analysis of major company profiles.
Reasons to buy this Market Report:
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Plant Factory market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Plant Factory Industry.
3. Leading company profiles reveal details of key Plant Factory market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Plant Factory market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Plant Factory market over the upcoming seven years
7. Accurate estimation of the global Plant Factory market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Plant Factory market across the North South America, EMEA, Asia Pacific, and Latin America
10. Information about Plant Factory market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Plant Factory market
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