The latest report published by IMARC Group, titled “United States Indoor Farming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on United States indoor farming market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The United States indoor farming market is projected to exhibit a growth rate (CAGR) of 10.8% during 2023-2028.
Indoor farming is a modern agricultural practice that involves growing crops or raising livestock within a controlled indoor environment. By utilizing advanced technologies such as hydroponics, aeroponics, and artificial lighting, indoor farming allows for year-round cultivation, independent of external weather conditions. This approach enables precise control over factors like temperature, humidity, and nutrient levels, resulting in higher yields and often superior quality produce. Indoor farming can be implemented in various settings, from urban vertical farms to specialized greenhouses. As a sustainable alternative to traditional farming, it reduces the need for pesticides, conserves water, and can contribute to local food security.
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Market Trends:
In the United States, the indoor farming market is expanding, driven by the growing consumer preference for fresh, locally sourced produce. Technological innovation and increased investment in research and development are enhancing efficiency and reducing operational costs. Government support and favorable regulations are further facilitating the growth of this sector, as is the focus on sustainability and reducing the carbon footprint of food production. The rising awareness of the importance of food security and the need to adapt to climate change challenges are accelerating the transition to controlled-environment agriculture. Collaborations between farmers, technology providers, and research institutions are fostering advancements in indoor farming methods.
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United States Indoor Farming Market Segmentation:
Our report has categorized the market based on facility type, crop type, component, and growing system.
Facility Type Insights:
- Greenhouse
- Indoor Vertical Farms
- Container Farms
- Indoor Deep Water Culture
- Others
Crop Type Insights:
- Fruits, Vegetables and Herbs
- Lettuce
- Spinach
- Kale
- Tomato
- Herbs
- Bell and Chilli Peppers
- Strawberry
- Cucumber
- Others
- Flowers and Ornamentals
- Annuals
- Perennials
- Ornamentals
- Others
- Others
Component Insights:
- Hardware
- Structure
- LED Lights
- HVAC
- Climate Control System
- Irrigation Systems
- Others
- Software
- Web-based
- Cloud-based
Growing System Insights:
- Aeroponics
- Hydroponics
- Aquaponics
- Soil-based
- Hybrid
Regional Insights:
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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