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Plant Factory Market Size

  • Report ID: 6287
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Global Plant Factory Market

  1. An Outline of the Global Plant Factory Market
    1. Study Objective
    2. Market Definition
    3. Market Segmentation
  2. Assumptions and Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. Suppliers/Distributors
      3. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Market Drivers
  6. Market Restraints
  7. Major Opportunities
  8. Major Trends
  9. Technology Analysis
  10. Industry Risk Analysis
  11. SWOT Analysis
  12. Industry Growth Outlook
  13. Japanese Startup Analysis
  14. Industry Supply Chain Analysis
  15. Factory Type Analysis
  16. Regional Demand Analysis
  17. Patent Analysis
  18. Light Type Analysis
  19. Comparative Feature Analysis
  20. Competitive Positioning: Key Players
  21. Competitive Model
    1. Company Market Share
    2. Business Profile of Key Enterprise
      1. AeroFarms
        1. Detailed Overview
        2. Assessment of Key Offerings
        3. Analysis of Growth Strategies
        4. Exhaustive Analysis on Key Financial Indicators
        5. Recent Developments and Strategies
      2. BrightFarms
      3. Bowery Farming Inc.
      4. Gotham Greens
      5. Freight Farms
      6. Hydrofarm Holdings Group Inc.   
      7. Urban Crop Solutions BV 
      8. FF Agro Technologies Pvt Ltd 
      9. Triton Foodworks  
      10. Letcetra Agritech Private Limited 
      11. UrbanKisaan
      12. MIRAI Co., Ltd. 
      13. Plenty Unlimited Inc. 
      14. Indoor Harvest Farms Pvt Ltd 
      15. Vertical Harvest 
      16. Mitsubishi Chemical Group 
      17. Keystone Technology Inc. 
      18. ESPEC MIC CORP.
  22. Global Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Global Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Region
        1. North America, Market Value (USD Million), and CAGR, 2024-2037F
        2. Europe, Market Value (USD Million), and CAGR, 2024-2037F
        3. Asia Pacific Excluding Japan, Market Value (USD Million), and CAGR, 2024-2037F
        4. Japan, Market Value (USD Million), and CAGR, 2024-2037F
        5. Latin America, Market Value (USD Million), and CAGR, 2024-2037F
        6. Middle East and Africa, Market Value (USD Million), and CAGR, 2024-2037F
    4. Cross Analysis Facility w.r.t. Light Type
  23. America Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. North America Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. US, Market Value (USD Million), and CAGR, 2024-2037F
        2. Canada, Market Value (USD Million), and CAGR, 2024-2037F
  24. Europe Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Europe Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. UK, Market Value (USD Million), and CAGR, 2024-2037F
        2. Germany, Market Value (USD Million), and CAGR, 2024-2037F
        3. France, Market Value (USD Million), and CAGR, 2024-2037F
        4. Italy, Market Value (USD Million), and CAGR, 2024-2037F
        5. Spain, Market Value (USD Million), and CAGR, 2024-2037F
        6. Netherland, Market Value (USD Million), and CAGR, 2024-2037F
        7. Russia, Market Value (USD Million), and CAGR, 2024-2037F
        8. Rest of Europe, Market Value (USD Million), and CAGR, 2024-2037F
  25. Asia Pacific Excluding Japan Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Asia Pacific Excluding Japan Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. China, Market Value (USD Million), and CAGR, 2024-2037F
        2. India, Market Value (USD Million), and CAGR, 2024-2037F
        3. Indonesia, Market Value (USD Million), and CAGR, 2024-2037F
        4. South Korea, Market Value (USD Million), and CAGR, 2024-2037F
        5. Australia, Market Value (USD Million), and CAGR, 2024-2037F
        6. Singapore, Market Value (USD Million), and CAGR, 2024-2037F
        7. Rest of Asia Pacific Excluding Japan, Market Value (USD Million), and CAGR, 2024-2037F
  26. Japan Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Japan Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
  27. Latin America Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Latin America Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. Brazil, Market Value (USD Million), and CAGR, 2024-2037F
        2. Argentina, Market Value (USD Million), and CAGR, 2024-2037F
        3. Mexico, Market Value (USD Million), and CAGR, 2024-2037F
        4. Rest of Latin America, Market Value (USD Million), and CAGR, 2024-2037F
  28. Middle East & Africa Plant Factory Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
    3. Middle East & Africa Plant Factory Market Segmentation Analysis (2024-2037)
      1. By Facility
        1. Greenhouses, Market Value (USD Million), and CAGR, 2024-2037F
        2. Indoor farms, Market Value (USD Million), and CAGR, 2024-2037F
        3. Others, Market Value (USD Million), and CAGR, 2024-2037F
      2. By Light Type
        1. Sunlight, Market Value (USD Million), and CAGR, 2024-2037F
        2. Full artificial light Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. GCC, Market Value (USD Million), and CAGR, 2024-2037F
        2. Israel, Market Value (USD Million), and CAGR, 2024-2037F
        3. South Africa, Market Value (USD Million), and CAGR, 2024-2037F
        4. Rest of Middle East & Africa, Market Value (USD Million), and CAGR, 2024-2037F
  29. Global Economic Scenario
  30. About SDKI

Plant Factory Market Size

Plant Factory Market size is estimated at USD 164 million in 2024 and is set to exceed USD 458.7 million by the end of 2037, expanding at over 8.29% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of plant factory is assessed at USD 177.5 million.

The plant factory market is driven by the surging need to cultivate high-quality food to cater to the growing population across the globe and a rising preference for fresh and locally sourced produce. As per the Global Report on Food Crises (GRFC) 2023, over 282 million individuals in 59 countries and territories observed high levels of acute hunger, indicating a global increase of 24 million compared to the previous year. Plant factories use cutting-edge technologies such as IoT, robots, data analytics, and others to grow crops in a controlled environment. This enables continuous production and higher yields throughout the year, addressing the food scarcity challenges.

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Browse Key Market Insights with Data Illustration:

Author Credits:  Nilanjana Ray


  • Report ID: 6287
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of plant factory was USD 164 million.

The global plant factory market size is projected to reach USD 164 million in 2024 and is anticipated to generate USD 458.7 million by the end of 2037, expanding at a CAGR of 8.29% during the forecast period, i.e., 2025-2037. In 2025, the industry size of the plant factory will be valued at USD 177.5 million.

The major players in the market are BrightFarms, Bowery Farming Inc., Gotham Greens, Freight Farms, Inc., and others.

The indoor farms segment is anticipated to set a share of USD 264.9 million during 2025-2037.

Asia Pacific region is expected to open new avenues for the plant factory business in the coming years.
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