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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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 December 06, 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 December 06, 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: December 06, 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 December 06, 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/