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Impact of COVID-19 on Indoor Farming Market to Witness Huge Growth by 2026 – Indoor Farms of America, Freshbox Farms, Aerofarms

Indoor Farming market accounted for $106.6 billion in 2017 and is expected to reach $171.12 billion by 2026 growing at a CAGR of 5.4 % during the forecast period. Factors such as growing mechanisms in indoor farming and increasing focus on adopting innovative and efficient technologies are boosting the market growth. However, limitations on crop varieties and high initial investments are the restraining the market growth. Moreover, increasing need for maximizing crop yields will provide ample growth opportunities in the near future.

Some of the key players in this market include:
Indoor Farms of America, Freshbox Farms, Aerofarms, Contain Inc., Philips Lighting, Garden Fresh Farms, Metropolis Farms and Bowery Farming.

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Indoor farming is a kind of modern farming to grow crops or plants in an indoor environment. It is worked in both small and large scale. It is climate-friendly and shields the farm from climate-related ideas which generally acts as a hindrance in conventional crop production. It is widely practiced in urban areas owing to limited space for cultivating. In recent years, development in the technology of farming sensors, monitoring and regulating devices for each aspect of cultivation has promoted indoor farming.

By growing systems, hydroponics segment is going to have a lucrative growth during the forecast period owing to the application of its growth mechanism that mitigates the majority of dangers such as limited space in urban zones and low availability of water and it provides sufficient fresh produce. By geography, Asia Pacific is likely to have a huge demand due to an increase in the number of these farms in countries such as China and Japan, and the climate changes in this region.

Major Crop Types of Indoor Farming Market covered are:
Herbs & MicrogreenS
Flowers & Ornamentals
Fruits & Vegetables
Other Crop Types

Major Facility Types of Indoor Farming Market covered are:
Container Farms
Indoor Deep Water Culture Systems
Glass or Poly Greenhouses
Indoor Vertical Farms
Other Facility Types

Research objectives:-

– To study and analyze the global Indoor Farming consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Indoor Farming market by identifying its various sub-segments.
– Focuses on the key global Indoor Farming manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Indoor Farming with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Indoor Farming Market Size
2.2 Indoor Farming Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Indoor Farming Market Size by Manufacturers
3.2 Indoor Farming Key Players Head office and Area Served
3.3 Key Players Indoor Farming Product/Solution/Service
3.4 Date of Enter into Indoor Farming Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Indoor Farming Sales by Product
4.2 Global Indoor Farming Revenue by Product
4.3 Indoor Farming Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Indoor Farming Breakdown Data by End User

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In the end, Indoor Farming industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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