The Business Research Company’s report goes into great detail on the plant factory market size and growth, plant factory market regional analysis, plant factory market competitive landscape, and other critical information needed to excel in the plant factory industry.

Major players in the plant factory market include AeroFarms, Mirai Co. Ltd., Farminova Plant Factory, Metropolis Farms, Urban Crops, Lufa Farms, Keystone Technology Inc., Green Plus Co., Ltd., Parus Europe, and Ryoden Corporation.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global plant factory market size is expected to grow from 104.13 billion in 2021 to $112.19 billion in 2022 at a compound annual growth rate (CAGR) of 7.74%. The global plant factories market size is expected to grow to $145.34 billion in 2026 at a CAGR of 6.69%.

Western Europe was the largest region in the plant factory market in 2021.

The plant factory market consists of sales revenue generated from plant factories by entities (organizations, sole traders, partnerships) that refers to agricultural production systems designed to turn crop production into a new model by using bioinformatics and industrial automation. This system enables to achieve the supreme yield, harvesting density, and financial impact by controlling the plant growth environment artificially. Plant Factory uses artificial controlled light, moisture, temperature, and carbon dioxide concentrations to grow plants and vegetables.

The rise in demand for food due to the increasing population and challenges of climate change significantly contributes to the growth of the plant factory market.

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Technological advancements are the key trends gaining popularity in the plant factory market. Major companies operating in the plant factory market are focused on providing continuous innovations to strengthen their market position by implementing various innovations and technologies such as LED-grown light, AI, Machine learning, dynamic resource allocation, and edge computing to optimize plant growth and increase productivity.

TBRC’s global plant factory market report is segmented:
By Facility Type: Greenhouse, Indoor Farms, Others

By Light Type: Sunlight, Full Artificial Light

By Growing System: Non-Soil-Based, Soil-Based, Hybrid

By Crop Type: Fruits, Vegetables, Flower and Ornamental, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Plant Factory Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the plant factory market globally and regionally, analyzes and forecasts market size, share, plant factory market players, plant factory market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Farm Machinery And Equipment Global Market Report 2022

Bioinformatics Global Market Report 2022

Agriculture Sensor Global Market Report 2022

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