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Europe Indoor Farming Market Size, Share & Industry Trends Analysis Report By Component, By Facility Type (Greenhouses, Vertical Farms), By Crop Type, By Country and Growth Forecast, 2022-2028

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    Report

  • 98 Pages
  • April 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5600683
The Europe Indoor Farming Market is expected to witness market growth of 12.2% CAGR during the forecast period (2022-2028).

The high-tech, fully regulated, and semi-automated greenhouse facilities across rural areas, as well as environmentally friendly farming practices are increasing the popularity of indoor farming. Moreover, technical improvements in monitoring, farming sensors, and controlling equipment for each part of production have aided the market's growth. Further, this technology allows for food production in a sustainable environment without the use of chemical pesticides, hence growing production of organic yields, which are currently in high demand from consumers.

Farmers are establishing indoor facilities closer to urban areas as the world population continues to increase and urbanize, resulting in a stable, local, and sustainable year-round food supply. Additionally, the rising frequency of floods, droughts, and other natural catastrophes around the world has prompted concerns about food security. As a result, indoor agriculture has grown in popularity in various countries.

The increasing utilization of hydroponic systems across indoor farming is opening up new commercial prospects in Europe. It has a number of benefits, including higher yields, faster growth, and less water usage than conventional methods. Various Agri-tech companies in Europe are spending more on aquaponics farms these days since they prevent soil-borne plant and fish diseases. For example, in April 2021, the urban agriculture startup Les Nouvelles Fermis raised USD 2.36 million to build urban aquaponics farms across Europe.

The regional government is launching a number of programs aimed at constructing indoor farms in order to address issues such as climate change, population growth, and food production that is unfriendly to the environment. Farm owners are at the forefront of investing in technology that is projected to reduce labor expenses, like LED lighting and crop monitoring devices. In Europe, the growing difficulties of limited land and space for food production are prompting cities and businesses to adopt controlled environment farming approaches. According to World Bank estimates from 2018, the amount of arable land in Europe has been steadily decreasing since 1960.

The Germany market dominated the Europe Indoor Farming Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $6,780.2 million by 2028. The UK market is estimated to grow at a CAGR of 11.2% during (2022-2028). Additionally, The France market is expected to showcase a CAGR of 13% during (2022-2028).

Based on Component, the market is segmented into Hardware (Lighting systems, Irrigation systems, Sensors, and Climate control systems) and Software (Web-Based and Cloud-Based). Based on Facility Type, the market is segmented into Greenhouses, Vertical Farms, and Others. Based on Crop Type, the market is segmented into Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Leafy Greens, Herbs, Cucumber, Flowers & Ornamentals, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Orbia Advance Corporation, Certhon, General Hydroponics, Hydrodynamics International, Argus Control Systems Limited, Priva BV, LumiGrow, Inc., Richel Group, and Vertical Farm Systems Pty Ltd.

Scope of the Study


Market Segments Covered in the Report:


By Component
  • Hardware
    • Lighting systems
    • Irrigation systems
    • Sensors
    • Climate control systems
  • Software
    • Web-Based
    • Cloud-Based
By Facility Type
  • Greenhouses
  • Vertical Farms
  • Others
By Crop Type
  • Tomato
  • Lettuce
  • Bell & Chili Peppers
  • Strawberry
  • Leafy Greens
  • Herbs
  • Cucumber
  • Flowers & Ornamentals
  • Others

By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players


List of Companies Profiled in the Report:

  • Orbia Advance Corporation
  • Certhon
  • General Hydroponics
  • Hydrodynamics International
  • Argus Control Systems Limited
  • Priva BV
  • LumiGrow, Inc.
  • Richel Group
  • Vertical Farm Systems Pty Ltd

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  • The highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Indoor Farming Market, by Component
1.4.2 Europe Indoor Farming Market, by Facility Type
1.4.3 Europe Indoor Farming Market, by Crop Type
1.4.4 Europe Indoor Farming Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Indoor Farming Market
Chapter 4. Europe Indoor Farming Market by Component
4.1 Europe Hardware Market by Country
4.2 Europe Indoor Farming Market by Hardware Type
4.2.1 Europe Lighting systems Market by Country
4.2.2 Europe Irrigation systems Market by Country
4.2.3 Europe Sensors Market by Country
4.2.4 Europe Climate control systems Market by Country
4.3 Europe Software Market by Country
4.4 Europe Indoor Farming Market by Software Type
4.4.1 Europe Web-Based Market by Country
4.4.2 Europe Cloud-Based Market by Country
Chapter 5. Europe Indoor Farming Market by Facility Type
5.1 Europe Greenhouses Market by Country
5.2 Europe Vertical Farms Market by Country
5.3 Europe Others Market by Country
Chapter 6. Europe Indoor Farming Market by Crop Type
6.1 Europe Tomato Market by Country
6.2 Europe Lettuce Market by Country
6.3 Europe Bell & Chili Peppers Market by Country
6.4 Europe Strawberry Market by Country
6.5 Europe Leafy Greens Market by Country
6.6 Europe Herbs Market by Country
6.7 Europe Cucumber Market by Country
6.8 Europe Flowers & Ornamentals Market by Country
6.9 Europe Others Market by Country
Chapter 7. Europe Indoor Farming Market by Country
7.1 Germany Indoor Farming Market
7.1.1 Germany Indoor Farming Market by Component
7.1.1.1 Germany Indoor Farming Market by Hardware Type
7.1.1.2 Germany Indoor Farming Market by Software Type
7.1.2 Germany Indoor Farming Market by Facility Type
7.1.3 Germany Indoor Farming Market by Crop Type
7.2 UK Indoor Farming Market
7.2.1 UK Indoor Farming Market by Component
7.2.1.1 UK Indoor Farming Market by Hardware Type
7.2.1.2 UK Indoor Farming Market by Software Type
7.2.2 UK Indoor Farming Market by Facility Type
7.2.3 UK Indoor Farming Market by Crop Type
7.3 France Indoor Farming Market
7.3.1 France Indoor Farming Market by Component
7.3.1.1 France Indoor Farming Market by Hardware Type
7.3.1.2 France Indoor Farming Market by Software Type
7.3.2 France Indoor Farming Market by Facility Type
7.3.3 France Indoor Farming Market by Crop Type
7.4 Russia Indoor Farming Market
7.4.1 Russia Indoor Farming Market by Component
7.4.1.1 Russia Indoor Farming Market by Hardware Type
7.4.1.2 Russia Indoor Farming Market by Software Type
7.4.2 Russia Indoor Farming Market by Facility Type
7.4.3 Russia Indoor Farming Market by Crop Type
7.5 Spain Indoor Farming Market
7.5.1 Spain Indoor Farming Market by Component
7.5.1.1 Spain Indoor Farming Market by Hardware Type
7.5.1.2 Spain Indoor Farming Market by Software Type
7.5.2 Spain Indoor Farming Market by Facility Type
7.5.3 Spain Indoor Farming Market by Crop Type
7.6 Italy Indoor Farming Market
7.6.1 Italy Indoor Farming Market by Component
7.6.1.1 Italy Indoor Farming Market by Hardware Type
7.6.1.2 Italy Indoor Farming Market by Software Type
7.6.2 Italy Indoor Farming Market by Facility Type
7.6.3 Italy Indoor Farming Market by Crop Type
7.7 Rest of Europe Indoor Farming Market
7.7.1 Rest of Europe Indoor Farming Market by Component
7.7.1.1 Rest of Europe Indoor Farming Market by Hardware Type
7.7.1.2 Rest of Europe Indoor Farming Market by Software Type
7.7.2 Rest of Europe Indoor Farming Market by Facility Type
7.7.3 Rest of Europe Indoor Farming Market by Crop Type
Chapter 8. Company Profiles
8.1 Orbia Advance Corporation (Netafim Ltd.)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments:
8.1.5.1 Acquisitions and Mergers:
8.1.5.2 Partnerships, Collaborations and Agreements:
8.1.5.3 Product Launches and Product Expansions:
8.2 Certhon
8.2.1 Company Overview
8.2.2 Recent Strategies and Developments:
8.2.2.1 Acquisitions and Mergers:
8.3 General Hydroponics (Hawthorne Gardening Co.)
8.3.1 Company Overview
8.4 Hydrodynamics International
8.4.1 Company Overview
8.5 Argus Control Systems Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Priva BV (Priva Holding B.V.)
8.6.1 Company Overview
8.7 LumiGrow, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Richel Group S.A. (Greenstep)
8.8.1 Company Overview
8.9 Vertical Farm Systems Pty Ltd
8.9.1 Company Overview

Companies Mentioned

  • Orbia Advance Corporation
  • Certhon
  • General Hydroponics
  • Hydrodynamics International
  • Argus Control Systems Limited
  • Priva BV
  • LumiGrow, Inc.
  • Richel Group
  • Vertical Farm Systems Pty Ltd

Methodology

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