Global Plant Factory Market Size & Trends

Global Plant Factory Market Size & Trends

According to a new market research report published by Global Market Estimates, the Global Plant Factory Market is. projected to grow from USD 122.5 billion in 2022 to USD 175.6 billion by 2027 at a CAGR value of 7.5% from 2022 to 2027. The increased production of larger yields compared to traditional agricultural approaches owing to expanding harvesting intervals, and the ability to remove the usage of pesticides and synthetic maturation chemicals, leading to substantially better vegetable products are driving the market growth.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Plant Factory Market - Forecast to 2027" https://www.globalmarketestimates.com/market-report/plant-factory-market-3763

 Key Market Insights

·         The greenhouses segment is expected to be the fastest-growing segment in the Plant Factory market from 2022 to 2027 as per the facility type outlook

·         The fully artificial light segment is expected to be the fastest-growing segment in the Plant Factory market from 2022 to 2027 as per the light type outlook

·         The vegetable segment is expected to be the largest segment in the Plant Factory market from 2022 to 2027 as per the crop type outlook

·         North America (the United States, Canada, and Mexico) will have a dominant share in the global Plant Factory market from 2022 to 2027

·         Plenty Unlimited Inc., Bright Farms, Bowery Farming, AppHarvest, AeroFarms, Crop One, Mirai Co. Ltd., Kalera, Farminova Plant Factory N.V., Smallholder, Gotham Greens, Farminova, Sky Greens, among others are the key players in the plant factory market.

 

Facility Type Outlook (Revenue, USD Billion, 2022 - 2027)

·         Greenhouses

·         Indoor farms

·         Other facility types (container farms and water culture farms)

Light Type Outlook (Revenue, USD Billion, 2022 - 2027)

·         Sunlight

·         Full artificial light

Growing System Outlook (Revenue, USD Billion, 2022 - 2027)

·         Non-soil-based

·         Soil-based

·         Hybrid

Crop Type Outlook (Revenue, USD Billion, 2022 - 2027)

·         Fruits

·         Vegetables

·         Flower & ornamental

·         Other crop types (plantation and forage crops)

Regional Outlook (Revenue, USD Billion, 2022-2027)

North America                                                                                 

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

Central & South America

  • Brazil
  • Argentina
  • Rest of CSA

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of MEA

 

Contact: Yash Jain

Email address: yash.jain@globalmarketestimates.com

Phone Number: +16026667238