Indoor Farming Market Share, Size & Industry Report | CAGR 11.2% By 2028

MarkNtel Advisors predicts that the Indoor Farming Market will experience a Compound Annual Growth Rate (CAGR) of approximately 11.2% from 2023 to 2028.

1. MARKNTEL ADVISORS
Global Indoor Farming
Market Research
Report: Forecast
(2023-2028)
Download a Free Sample of the Report:
[Forecast 2025-30 Also Available]

2. Company
Overviews
MarkNtel Advisors is a leading consulting, data analytics, and
market research firm that provides an extensive range of strategic
reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a
substantial & varied client base, including multinational
corporations, financial institutions, governments, and individuals,
among others. We have our existence across the market for many
years and have conducted multi-industry research across 80+
countries, spreading our reach across numerous regions like
America, Asia-Pacific, Europe, the Middle East & Africa, etc., and
many countries across the regional scale, namely, the US, India,
the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

3. Our Vision and
Mission
We help our investors to establish robust strategies for the
implementation of best practices to overcome challenges & tap new
opportunities for their growth in the industry. Our goal is to benefit
individuals & communities by working with our clients in diverse
ways.
We understand that making durable, substantial, and unique
improvements in the overall performance and establishing oneself
comes with great backstories for firms. Hence, MarkNtel Advisors
aims to put together values that reflect adherence to professional
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Our core values revolve around putting the interests & requirements
of our clients ahead of our organization & delivering exceptional
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perspective while utilizing resources intelligently & cost-effectively,
creating abiding associations based on trust.
Our team entails professional analysts and researchers who intelligently
utilize research techniques to procure detail-driven, unbiased, and
reliable data encompassing the industry. We aim to nurture a result-
oriented team to offer strategically-moving insights to our clients.
Our fact-based reports allow the user to design their motives, funds, and
strategies, with a higher focus on mitigating confusion and bringing
forward a clear insight into the industry. It further allows the clients to
identify the lucrative opportunities awaiting.
Insights offered by MarkNtel Advisors comprise in-depth information on
regional & country-based trends emerging in the industry. The team
studies & compiles the prospects, ensuring consistency in reports.
Our services are beyond offering research reports to the clients and
further expand into addressing queries while incorporating with them for
advice, development, & execution of strategies for exception growth.
Our Vision Our Mission

4. Market Insights
TheGlobal Indoor Farming Marketis
projected to grow at a CAGR of around
11.2% during the forecast period, i.e.,
2023-28. The World Bank Group reports
that the average amount of arable land per
person decreased from 0.197 hectares in
2013 to 0.192 hectares in 2016. The loss of
agricultural land has primarily been brought
about by its redistribution for non-
agricultural uses, including urbanization,
highways, industry and housing, as well as
soil erosion and pollution in many
developing countries.

5. Market Driver
Decreased Cultivable Area Globally, Prompting
The Repurposing of Existing Agricultural Land.-
Unfavorableweather conditions like droughts, soil
erosion, floods, and intensive pesticide usage, which
are the prominent causes of the decreased cultivable
area, have led to reduced yield over time. Growing
crops indoors is the best way to address this severe
concern affecting soil fertility globally. In addition, it
creates new arable land, subsequently increasing the
output and productivity of existing agricultural land.
With innovative methods like Hydroponics Farming,
AeroponicsFarming, Aquaponics Farming, and
Vertical Farming, indoor methods are anticipated to
gain traction and drive the market during the forecast
period.

6. Market Segments
•By Type (Hydroponics Farming, Aeroponics
Farming, Aquaponics Farming, Vertical
Farming)
•By Facility (Greenhouses, Container Farms,
Indoor Vertical Farms, Indoor Deep Water
Culture)
•By Component (Hardware, Software)
•By Crop (Fruits and Vegetables, Herbs and
Microgreen, Flowers and Ornamentals)
•By Region (North America, South America,
Europe, The Middle East & Africa, Asia-
Pacific)

7. Top Companies
•AessenseCorporation
•Argus Control Systems Limited
•Bowery Farming Inc
•BrightFarms
•Certhon
•Crop One Holdings, Inc.
•General Hydroponics
•Green Sense Farms Holdings, Inc.
•Metropolis Farms Inc
•Netafim
•Priva
•RichelGroup
•Signify Holdings
•Village Farms International Inc
•WindsetFarms
•Others

8. For More Explore Here,
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9. MarkNtel Advisors Target
Geographies-Focus
Areas
MarkNtel has strategically defined its target areas which are based on
evaluation by its analysts after analysing the growth potential of various
regions. Few of those parameters include:
-Political, Economic, Social, Technological and Environmental Analysis
-Credit Ratings provided by leading institutions
-GDP projections by bodies such as the World Bank, IMF, OECD, etc.
-Market Disruptions and the “Next Big Things”

10. MarkNtel Advisors Target
Geographies-Focus
Areas
MarkNtel has strategically defined its target areas which are based on
evaluation by its analysts after analysing the growth potential of various
regions. Few of those parameters include:
-Political, Economic, Social, Technological and Environmental Analysis
-Credit Ratings provided by leading institutions
-GDP projections by bodies such as the World Bank, IMF, OECD, etc.
-Market Disruptions and the “Next Big Things”

11. Our 360°Approach: Combining
Various Techniques to Deliver
Holistic Solutions
•Desktop research
•Syndicated research &
reports
•Proprietary databases
•Industry associations
& trade data
•In-depth stakeholder
interviews
•Consumer surveys
•Mystery surveys
•Expert interviews
•Internal CRM/sales
data
•Social media data
•Data modelling for
forecasting and market
sizing
Secondary Research Primary Research Data Insights

12. Our Contact
Information
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[email protected]
www.marknteladvisors.com

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