Embedded Files
Europe Indoor Farming Market Forecast
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 10% (2024-2032)
The Europe indoor farming market size is projected to exhibit a growth rate (CAGR) of 10% during 2024-2032. The market is growing rapidly due to increasing demand for sustainable agriculture and year-round crop production.
Europe Indoor Farming Market Trends:
The European market is dominated by vertical farming and hydroponics. The increased public awareness concerning food security and the consequent need for sustainable farm practices has been fostering decent growth in demand for indoor farming solutions. The spread of urbanization in Europe has also led to a shortage of arable land, bringing indoor farming into focus. The increase in consumer demand for locally sourced, fresh produce has led retailers to invest in indoor farming facilities. The integration of IoT and artificial intelligence simply adds to the efficiency and productive abilities of indoor farms and makes them more viable and attractive.
Wheat, wine, aquaculture, and so on were the common crops in those days. Nowadays European cooperation on incorporating modern control fertilizing practices and irrigation in agriculture generates the base for sustainability improvements in modern societies. Covering this territory, the initiative also promised plenty of development supports and advantages, representing the huge help from local governments and EU support for sustainable development in farming practices and others.
For an in-depth analysis, you can refer free sample copy of the report: https://www.imarcgroup.com/europe-indoor-farming-market/requestsample
Europe Indoor Farming Market Scope and Growth Analysis:
The indoor farming industry is in an extended growth stage due to rising demand for organic farm produce. Urban farming initiatives are gaining momentum across Europe, facilitating the establishment of indoor farms in cities. The possibility of year-round production without interference from the weather is one of the reasons for widening the market scope further. The integration of renewable energy sources in indoor farming operations supports sustainable development in the sector and makes it appealing to eco-conscious investors.
Scalability also allows customization according to specific needs ranging from small-scale urban farms to larger commercial endeavors. Then again, thanks to rising consumer awareness about the nutritional benefits of fresh, locally grown food, the market is benefitting from the growing potential. Compact modular farming systems coming on the market for various businesses and individuals facilitate participation in indoor farming and further grow the market.
Europe Indoor Farming Market Outlook and Segmentation:
The report has segmented the market into the following categories:
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:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=8723&flag=C
Other key areas covered in the report:
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Page updated
Google Sites
Report abuse