Europe Indoor Farming Market Size Worth $23.26 Billion By 2028
Europe Indoor Farming Industry Overview The Europe indoor farming market size is expected to reach USD 23.26 billion by 2028, registering a CAGR of 10.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increase in demand for healthy food in Europe is driving the market growth. Additionally, the rising number of people growing healthy food in their own houses is also a major factor contributing to the growth. Europe Indoor Farming Market Segmentation Grand View Research has segmented the Europe indoor farming market based on facility type, component, crop category, and country: Based on the Facility Type Insights, the market is segmented into Greenhouses, Vertical Farms, Others. The greenhouses segment dominated the market and accounted for over 83.0% share of the market revenue in 2020. The segment growth can be attributed to the increasing efforts of European greenhouses to enhance productivity. The vertical farms segment is ant...