Indoor farming is a method of crop production that can yield products year-round and optimizes space through its use of vertically stacked layers. As of 2022, the global market for indoor farming was valued at about 40 billion U.S. dollars. This value is expected to increase by over ten percent by 2032, reaching just about 96.7 billion U.S. dollars.
Market value of indoor farming worldwide from 2022 and 2032
(in billion U.S. dollars)
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Market value in billion U.S. dollars
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Future Market Insights. (October 1, 2022). Market value of indoor farming worldwide from 2022 and 2032 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/
Future Market Insights. "Market value of indoor farming worldwide from 2022 and 2032 (in billion U.S. dollars)." Chart. October 1, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/
Future Market Insights. (2022). Market value of indoor farming worldwide from 2022 and 2032 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/
Future Market Insights. "Market Value of Indoor Farming Worldwide from 2022 and 2032 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2022, https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/
Future Market Insights, Market value of indoor farming worldwide from 2022 and 2032 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/ (last visited July 27, 2024)
Market value of indoor farming worldwide from 2022 and 2032 (in billion U.S. dollars) [Graph], Future Market Insights, October 1, 2022. [Online]. Available: https://www.statista.com/statistics/1294936/global-market-value-of-indoor-farming/