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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/