Global Indoor Farming Technology Markets, 2020-2021 & 2026 - Opportunities in the Development of Innovative and Cost-Effective Technologies & Production of Biopharmaceutical Products
The global indoor farming technology market is estimated at USD 14.5 billion in 2020 and is projected to grow at a CAGR of 9.4%, to reach USD 24.8 billion by 2026.
- The global indoor farming technology market is estimated at USD 14.5 billion in 2020 and is projected to grow at a CAGR of 9.4%, to reach USD 24.8 billion by 2026.
- This method of farming controls plant-fertilizing nutrients, so the food that is grown using this technique is highly nutritious.
- In indoor farming, a wide variety of crops such as leafy vegetables, herbs, vegetables, fruits, microgreens, and flowers can be grown.
- Based on growing system, the hydroponics is estimated to account for the largest share in the indoor farming technology market in 2020.