Understanding the influence of COVID-19 on the Covered agricultural market with our analysts monitoring the situation around the world.
The market Summary of the covered agricultural market
The increasing pressure on the agricultural sector increasing production promotes the need for new technologies and fertilizer solutions, which in turn influences the demand for biostimulants. The use of such technologies and solutions benefits farmers by optimizing their investments with the added benefit of reducing environmental impacts. In addition, non-toxicity and low ecological footprint are among the major drivers for the growth of the indoor agriculture market.
The report also traces the latest market dynamics such as driving factors, restraining factors, and industry news such as mergers, acquisitions, and investments. It offers market size, market share, trends, growth rate by types, applications, end user and bundles qualitative and quantitative methods to make micro and macro forecast in many regions or countries around the world.
The Indoor Agriculture market report is designed to include both qualitative and quantitative aspects of the business globally with each region and each country participating in the study. The report also offers in-depth information on important characteristics such as growth factors, challenges, and business opportunities that may define the future evolution of the market.
The global indoor agriculture market was valued at USD 59,526 million in 2019 and is expected to reach USD 117,214 million by 2027 at a CAGR of 9.7%.
The Indoor Agriculture Market segment by major key vendors includes:
AeroFarms, Gotham Greens, Green Spirit Living Farm, Sky Greens, Lufa Farms, Inc., Green Sense Farms Holdings, Inc., MIRAI, Sky Vegetables, TruLeaf, infarm, Bowery Farming, Inc., PLENTY UNLIMITED INC., BrightFarms Inc. , Crop One, SCATIL Fucher Farm, Metropolis Farms Canada, SPREAD Co., Ltd., Vertical Harvest, Infinite Harvest, Metropolitan Farms, Sundrop Farms Ltd. and Alegria Fresh.
The SWOT analysis and Porter’s five analyzes were used by the analysts of the research report to analyze the data efficiently and dynamically. Different dynamic aspects of industries such as drivers, challenges, risks, opportunities and restraints were inspected to get detailed knowledge to make informed decisions in business. It highlights the statistics of the current status of the “Indoor Agriculture Market” report, past progress as well as futuristic progress.
Market segmentation :
By type of installation, Indoor vertical farms, glass or poly greenhouses, other types of facilities, container farms, indoor deep water growing systems, low-tech plastic hoop house
By cultivation system, Hydroponics, Aeroponics, Aquaponics, Soil, Hybrid
By type of crop, Fruits and vegetables, Leafy vegetables, Tomato, Strawberry, Eggplant, Other fruits and vegetables, Herbs and microgreens, Basil, Herbs, Tarragon, Wheatgrass, Other herbs and microgreens, Flowers and ornamental plants, Other types of crops
The indoor agriculture market is expected to experience strong growth in the near future due to increasing customer demand. The market research is categorized by type, application, and major and minor geographies at country level.