Indoor Farming Market Size Worth $122.3 Billion By 2030
Indoor Farming Industry Overview The global indoor farming market size was valued at USD 39.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.5% from 2022 to 2030. Increasing consumer awareness regarding the advantages of consuming fresh and high-quality food is expected to drive the growth of the market. The rising population across the globe, especially in emerging economies such as China and India, has led to an increase in food demand, which, in turn, is expected to spur the growth of the market for indoor farming in the forthcoming years. Gather more insights about the market drivers, restrains and growth of the Global Indoor Farming Market However, the changing climatic conditions contribute to existing environmental problems, such as soil degradation and groundwater depletion, affecting the food and agriculture production systems. Governments encourage building indoor farms along with other initiatives to overcome this problem, w...