Global Plant Factory
Market Report
2025
The global Plant Factory market size is USD 121.7 billion in 2024. The Plant Factory market will show strongest growth with a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. This growth can be due to a greater yield than conventional farming methods.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Plant Factory market size is USD 121.7 billion in 2024 and will enlarge at a (CAGR) compound annual growth rate of 7.2% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Plant Factory Market Sales Revenue | $ 121.7 Billion | 121212 | 121212 | 121212 | 7.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Growing System |
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Market Split by Facility Type |
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Market Split by Light Type |
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Market Split by Crop Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Plant Factory industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Plant Factory Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Plant Factory is also referred to as a controlled environment where crops grow year-round, regardless of the weather. By managing temperature, light, moisture, and carbon dioxide, these factories can produce high yields in areas unsuitable for traditional farming. They use less land and water, making them ideal for regions with scarce resources. Plus, they provide pesticide-free food, meeting growing consumer demand. Several reasons are expected to propel the Plant Factory industry to a substantial expansion in the future years. Increasing food demand driven by population growth is the primary reason for its expansion. The desire for year-round crop production, regardless of weather conditions, further supports market expansion. Consumers are also increasingly demanding pesticide-free and organic produce. Advances in technology have made indoor farming more efficient and cost-effective, and water scarcity in many regions highlights the importance of this resource-efficient method.
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In April 2023, AeroFarms®, recognized as a Certified B Corporation and a prominent figure in indoor vertical farming, unveiled plans to expand across Texas in collaboration with H-E-B, a top-tier grocery retailer. There's mutual enthusiasm for the quality and distinctive appeal of freshly harvested microgreens, which complement every meal uniquely. (Source: https://www.aerofarms.com/aerofarms-continues-retail-expansion-with-h-e-b-throughout-texas/)
Top Companies Market Share in Plant Factory Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and held for around 40% of the global revenue. North America emerged as the dominant region in the Plant Factory market due to the demand for fresh, high-quality produce. It includes numerous companies, from startups to established firms, focusing on innovative indoor farming solutions.
Asia-Pacific stands out as the fastest-growing region in the Plant Factory market due to the increasing urbanization and population growth. Governments and private sectors are making huge investments in plant factories to ensure food security and sustainable agriculture. The market also benefits from technological innovations, providing efficient, year-round production of fresh, high-quality produce.
The current report Scope analyzes Plant Factory Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Plant Factory Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Plant Factory Industry growth. Plant Factory market has been segmented with the help of its Growing System, Facility Type Light Type, and others. Plant Factory market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
We have defined the scope of the Plant Factory market in the agriculture industry through comprehensive primary and secondary research methodologies. The type segment/horizontal segment analysis of the Plant Factory market offers detailed insights into key leading segments, their revenue, and market share, along with the factors contributing to their dominance at both global and regional levels.
Additionally, we provide revenue trends and year-over-year (Y-O-Y) growth for each segment, backed by detailed qualitative analysis. The Plant Factory market types/products segment analysis enables clients to expand into new agricultural markets and diversify their customer base, helping to create additional revenue streams and strengthen their competitive position. We also offer customized research scopes based on specific client requirements. For any inquiries or further details, please connect with our research team.
Growing System of Plant Factory analyzed in this report are as follows:
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The agriculture industry is one of the most dynamic sectors, driven by traditional and advanced technologies, evolving farmers approach along with demands, and regulatory compliance. In this chapter, we have included the Plant Factory market size, revenue share, and growth rate for each commodity segment at both global and regional levels.
Additionally, we offer a qualitative analysis of the key drivers and restraints shaping the growth of the Plant Factory market. This section provides valuable insights into agriculture industry trends, challenges, and technological advancements. By utilizing this analysis, all type of production and distribution of agricultural businesses can develop strategic plans and make well-informed decisions to maintain a competitive edge in a rapidly evolving market.
Some of the key Facility Type of Plant Factory are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, Full artificial light is the dominant category. LED lighting plays a crucial role in plant factories and specialized indoor farms for commercial crop production. Recent advancements in LED technology provide precise control over light spectrum and intensity, optimizing plant growth and increasing yields. This technology is a major driver of the plant factory market, facilitating year-round crop cultivation in controlled indoor environments unaffected by weather conditions or seasonal changes. .
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Plant Factory Market is witnessing significant growth in the near future.
In 2023, the Soil-Based segment accounted for noticeable share of global Plant Factory Market and is projected to experience significant growth in the near future.
The Greenhouses segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BrightFarms , Gotham Greens and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Growing System | Soil-Based, Non-Soil based, Hybrid |
Facility Type | Greenhouses, Indoor Farms, Other Facility Types |
Light Type | Sunlight, Full Artificial Light |
Crop Type | Vegetables, Fruits, Flowers & Ornamentals, Other Crop Type |
List of Competitors | BrightFarms, AeroFarms, Gotham Greens, AppHarvest, Bowery Farming, Taiksha Ltd., Crop One, Vertical Harvest, Plenty Unlimited Inc., Mirai Co. Ltd., Farminova, Iron Ox, Farmone, Smallhold |
This chapter will help you gain GLOBAL Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review Global Plant Factory Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review North America Plant Factory Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review Europe Plant Factory Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review Asia Pacific Plant Factory Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review South America Plant Factory Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review Middle East Plant Factory Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Plant Factory. Further deep in this chapter, you will be able to review Middle East Plant Factory Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Plant Factory. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Growing System Analysis 2019 -2031, will provide market size split by Growing System. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Growing System Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Facility Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Light Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Crop Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Plant Factory market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Soil-Based have a significant impact on Plant Factory market? |
What are the key factors affecting the Soil-Based and Non-Soil based of Plant Factory Market? |
What is the CAGR/Growth Rate of Greenhouses during the forecast period? |
By type, which segment accounted for largest share of the global Plant Factory Market? |
Which region is expected to dominate the global Plant Factory Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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