Published: 28 Feb 2023 | Report Code: 10248948 | Pages: 146
Europe indoor farming market was valued at $6,811.0 million in 2022 and will grow by 10.9% annually over 2022-2032, driven by the increasing food requirements due to the growing population, decreasing arable land, growing adoption of controlled growing environment, high investments by the public and private players, and the rising health consciousness amid COVID-19 pandemic. Highlighted with 48 tables and 70 figures, this 146-page report “Europe Indoor Farming Market 2022-2032 by Offering (Hardware, Software & Service, Integrated Systems), Growing System (Aeroponics, Hydroponics, Aquaponics, Soil-based, Hybrid), Facility Type (Greenhouses, Vertical, Container, DWC), Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe indoor farming market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe indoor farming market in every aspect of the classification from perspectives of Offering, Growing System, Facility Type, Crop Type, and Country. Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Hardware o Climate Control Systems o Irrigation Systems o Lighting o Sensors o Communication o Other Hardware • Software & Service o Web-based o Cloud-based • Integrated Systems Based on Growing System, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Aeroponics • Hydroponics • Aquaponics • Soil-based • Hybrid By Facility Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Glass or Poly Greenhouses • Indoor Vertical Farms • Container Farms • Indoor Deep Water Culture (DWC) Systems • Other Facility Types By Crop Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Fruits and Vegetables o Leafy Vegetables o Tomato o Strawberry o Cucumber o Other Fruits and Vegetables • Herbs and Microgreens o Basil o Herbs o Tarragon o Wheatgrass o Other Herbs and Microgreens • Flowers and Ornamentals o Perennials o Annuals o Ornamentals o Other Flowers and Ornamentals • Other Crop Types Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Spain • Italy • Netherlands • Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Growing System, Facility Type and Crop Type over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: AeroFarms American Hydroponics (AmHydro) Argus Control System Limited Certhon Everlight Electronics Co., Ltd. Freight Farms, Inc. General Hydroponics Inc. (Hawthorne Gardening Company) Hydrodynamics International Illumitex Logiqs B.V. LumiGrow Inc. Netafim Limited OSRM GmbH Priva Holdings B.V. Richel Group Signify N.V. Vertical Farm System Pty Ltd. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents:
1 Introduction 8 1.1 Industry Definition and Research Scope 8 1.1.1 Industry Definition 8 1.1.2 Research Scope 9 1.2 Research Methodology 12 1.2.1 Overview of Market Research Methodology 12 1.2.2 Market Assumption 13 1.2.3 Secondary Data 13 1.2.4 Primary Data 13 1.2.5 Data Filtration and Model Design 14 1.2.6 Market Size/Share Estimation 15 1.2.7 Research Limitations 16 1.3 Executive Summary 17 2 Market Overview and Dynamics 20 2.1 Market Size and Forecast 20 2.1.1 Impact of COVID-19 on World Economy 21 2.1.2 Impact of COVID-19 on the Market 24 2.2 Major Growth Drivers 26 2.3 Market Restraints and Challenges 35 2.4 Emerging Opportunities and Market Trends 38 2.5 Porter’s Fiver Forces Analysis 42 3 Segmentation of Europe Market by Offering 46 3.1 Market Overview by Offering 46 3.2 Hardware 48 3.2.1 Climate Control Systems 50 3.2.2 Irrigation Systems 52 3.2.3 Lighting 54 3.2.4 Sensors 56 3.2.5 Communication 58 3.2.6 Other Hardware 59 3.3 Software & Service 60 3.3.1 Web-based 62 3.3.2 Cloud-based 63 3.4 Integrated Systems 64 4 Segmentation of Europe Market by Growing System 66 4.1 Market Overview by Growing System 66 4.2 Aeroponics 68 4.3 Hydroponics 69 4.4 Aquaponics 70 4.5 Soil-based 71 4.6 Hybrid 72 5 Segmentation of Europe Market by Facility Type 73 5.1 Market Overview by Facility Type 73 5.2 Glass or Poly Greenhouses 75 5.3 Indoor Vertical Farms 77 5.4 Container Farms 79 5.5 Indoor Deep Water Culture (DWC) Systems 81 5.6 Other Facility Types 82 6 Segmentation of Europe Market by Crop Type 83 6.1 Market Overview by Crop Type 83 6.2 Fruits and Vegetables 85 6.2.1 Leafy Vegetables 87 6.2.2 Tomato 88 6.2.3 Strawberry 89 6.2.4 Cucumber 90 6.2.5 Other Fruits and Vegetables 91 6.3 Herbs and Microgreens 92 6.3.1 Basil 94 6.3.2 Herbs 95 6.3.3 Tarragon 96 6.3.4 Wheatgrass 97 6.3.5 Other Herbs and Microgreens 98 6.4 Flowers and Ornamentals 99 6.4.1 Perennials 101 6.4.2 Annuals 102 6.4.3 Ornamentals 103 6.4.4 Other Flowers and Ornamentals 104 6.5 Other Crop Types 105 7 European Market 2022-2032 by Country 106 7.1 Overview of European Market 106 7.2 Germany 109 7.3 U.K. 111 7.4 France 113 7.5 Spain 115 7.6 Italy 117 7.7 Netherlands 119 7.8 Rest of European Market 121 8 Competitive Landscape 123 8.1 Overview of Key Vendors 123 8.2 New Product Launch, Partnership, Investment, and M&A 126 8.3 Company Profiles 128 AeroFarms 128 American Hydroponics (AmHydro) 130 Argus Control System Limited 131 Certhon 132 Everlight Electronics Co., Ltd. 133 Freight Farms, Inc. 134 General Hydroponics Inc. (Hawthorne Gardening Company) 135 Hydrodynamics International 136 Illumitex 137 Logiqs B.V. 138 LumiGrow Inc. 139 Netafim Limited 140 OSRM GmbH 141 Priva Holdings B.V. 142 Richel Group 143 Signify N.V. 144 Vertical Farm System Pty Ltd. 145 RELATED REPORTS 146
List of Tables: Table 1. Snapshot of Europe Indoor Farming Market in Balanced Perspective, 2022-2032 18 Table 2. World Economic Outlook, 2021-2031 22 Table 3. World Economic Outlook, 2021-2023 23 Table 4. World Population Projections to 2035 32 Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn 34 Table 6. Main Product Trends and Market Opportunities in Europe Indoor Farming Market 38 Table 7. Europe Indoor Farming Market by Offering, 2022-2032, $ mn 46 Table 8. Europe Indoor Farming Market: Hardware by Type, 2022-2032, $ mn 49 Table 9. Key Vendors and Main Products of Climate Control System Market 51 Table 10. Key Vendors and Main Products of Irrigation System Market 53 Table 11. Key Vendors and Main Products of Grow Lights Market 55 Table 12. Key Vendors and Main Products of Sensors Market 57 Table 13. Europe Indoor Farming Market: Software & Service by Type, 2022-2032, $ mn 60 Table 14. Key Vendors and Main Products of Software & Services Market 61 Table 15. Key Vendors and Main Products of Integrated System Market 65 Table 16. Europe Indoor Farming Market by Growing System, 2022-2032, $ mn 66 Table 17. Europe Indoor Farming Market by Facility Type, 2022-2032, $ mn 73 Table 18. Key Vendors and Main Products of Greenhouse Market 76 Table 19. Key Vendors and Main Products of Vertical Farming Market 78 Table 20. Key Vendors and Main Products of Container Farm Market 80 Table 21. Europe Indoor Farming Market by Crop Type, 2022-2032, $ mn 83 Table 22. Europe Indoor Farming Market: Fruits and Vegetables by Type, 2022-2032, $ mn 86 Table 23. Europe Indoor Farming Market: Herbs and Microgreens by Type, 2022-2032, $ mn 93 Table 24. Europe Indoor Farming Market: Flowers and Ornamentals by Type, 2022-2032, $ mn 100 Table 25. Europe Indoor Farming Market by Country, 2022-2032, $ mn 108 Table 26. Germany Indoor Farming Market by Growing System, 2022-2032, $ mn 110 Table 27. Germany Indoor Farming Market by Facility Type, 2022-2032, $ mn 110 Table 28. Germany Indoor Farming Market by Crop Type, 2022-2032, $ mn 110 Table 29. U.K. Indoor Farming Market by Growing System, 2022-2032, $ mn 112 Table 30. U.K. Indoor Farming Market by Facility Type, 2022-2032, $ mn 112 Table 31. U.K. Indoor Farming Market by Crop Type, 2022-2032, $ mn 112 Table 32. France Indoor Farming Market by Growing System, 2022-2032, $ mn 114 Table 33. France Indoor Farming Market by Facility Type, 2022-2032, $ mn 114 Table 34. France Indoor Farming Market by Crop Type, 2022-2032, $ mn 114 Table 35. Spain Indoor Farming Market by Growing System, 2022-2032, $ mn 116 Table 36. Spain Indoor Farming Market by Facility Type, 2022-2032, $ mn 116 Table 37. Spain Indoor Farming Market by Crop Type, 2022-2032, $ mn 116 Table 38. Italy Indoor Farming Market by Growing System, 2022-2032, $ mn 118 Table 39. Italy Indoor Farming Market by Facility Type, 2022-2032, $ mn 118 Table 40. Italy Indoor Farming Market by Crop Type, 2022-2032, $ mn 118 Table 41. Netherlands Indoor Farming Market by Growing System, 2022-2032, $ mn 120 Table 42. Netherlands Indoor Farming Market by Facility Type, 2022-2032, $ mn 120 Table 43. Netherlands Indoor Farming Market by Crop Type, 2022-2032, $ mn 120 Table 44. Indoor Farming Market in Rest of Europe by Country, 2022-2032, $ mn 122 Table 45. Recent Developments 127 Table 46. AeroFarms: Company Snapshot 128 Table 47. AeroFarms: Business Segmentation 129 Table 48. AeroFarms: Product Portfolio 129
List of Figures: Figure 1. Research Method Flow Chart 12 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15 Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17 Figure 4. Europe Indoor Farming Market, 2022-2032, $ mn 20 Figure 5. Impact of COVID-19 on Business 24 Figure 6. Primary Drivers and Impact Factors of Europe Indoor Farming Market 26 Figure 7. Benefits of Indoor Farming 29 Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 32 Figure 9. Worldwide Per Capita Arable Land in Hectare, 1961-2020 33 Figure 10. World Map of Per Capita Arable Land in 2020 33 Figure 11. Primary Restraints and Impact Factors of Europe Indoor Farming Market 35 Figure 12. Investment Opportunity Analysis 39 Figure 13. Porter’s Fiver Forces Analysis of Europe Indoor Farming Market 42 Figure 14. Breakdown of Europe Indoor Farming Market by Offering, 2022-2032, % of Revenue 47 Figure 15. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 47 Figure 16. Europe Indoor Farming Market by Offering: Hardware, 2022-2032, $ mn 48 Figure 17. Europe Indoor Farming Market by Hardware: Climate Control Systems, 2022-2032, $ mn 50 Figure 18. Europe Indoor Farming Market by Hardware: Irrigation Systems, 2022-2032, $ mn 52 Figure 19. Europe Indoor Farming Market by Hardware: Lighting, 2022-2032, $ mn 54 Figure 20. Europe Indoor Farming Market by Hardware: Sensors, 2022-2032, $ mn 56 Figure 21. Europe Indoor Farming Market by Hardware: Communication, 2022-2032, $ mn 58 Figure 22. Europe Indoor Farming Market by Hardware: Other Hardware, 2022-2032, $ mn 59 Figure 23. Europe Indoor Farming Market by Offering: Software & Service, 2022-2032, $ mn 60 Figure 24. Europe Indoor Farming Market by Software & Service: Web-based, 2022-2032, $ mn 62 Figure 25. Europe Indoor Farming Market by Software & Service: Cloud-based, 2022-2032, $ mn 63 Figure 26. Europe Indoor Farming Market by Offering: Integrated Systems, 2022-2032, $ mn 64 Figure 27. Breakdown of Europe Indoor Farming Market by Growing System, 2022-2032, % of Sales Revenue 67 Figure 28. Europe Addressable Market Cap in 2023-2032 by Growing System, Value ($ mn) and Share (%) 67 Figure 29. Europe Indoor Farming Market by Growing System: Aeroponics, 2022-2032, $ mn 68 Figure 30. Europe Indoor Farming Market by Growing System: Hydroponics, 2022-2032, $ mn 69 Figure 31. Europe Indoor Farming Market by Growing System: Aquaponics, 2022-2032, $ mn 70 Figure 32. Europe Indoor Farming Market by Growing System: Soil-based, 2022-2032, $ mn 71 Figure 33. Europe Indoor Farming Market by Growing System: Hybrid, 2022-2032, $ mn 72 Figure 34. Breakdown of Europe Indoor Farming Market by Facility Type, 2022-2032, % of Sales Revenue 74 Figure 35. Europe Addressable Market Cap in 2023-2032 by Facility Type, Value ($ mn) and Share (%) 74 Figure 36. Europe Indoor Farming Market by Facility Type: Glass or Poly Greenhouses, 2022-2032, $ mn 75 Figure 37. Europe Indoor Farming Market by Facility Type: Indoor Vertical Farms, 2022-2032, $ mn 77 Figure 38. Europe Indoor Farming Market by Facility Type: Container Farms, 2022-2032, $ mn 79 Figure 39. Europe Indoor Farming Market by Facility Type: Indoor Deep Water Culture (DWC) Systems, 2022-2032, $ mn 81 Figure 40. Europe Indoor Farming Market by Facility Type: Other Facility Types, 2022-2032, $ mn 82 Figure 41. Breakdown of Europe Indoor Farming Market by Crop Type, 2022-2032, % of Revenue 84 Figure 42. Europe Addressable Market Cap in 2023-2032 by Crop Type, Value ($ mn) and Share (%) 84 Figure 43. Europe Indoor Farming Market by Crop Type: Fruits and Vegetables, 2022-2032, $ mn 85 Figure 44. Europe Indoor Farming Market by Fruits and Vegetables: Leafy Vegetables, 2022-2032, $ mn 87 Figure 45. Europe Indoor Farming Market by Fruits and Vegetables: Tomato, 2022-2032, $ mn 88 Figure 46. Europe Indoor Farming Market by Fruits and Vegetables: Strawberry, 2022-2032, $ mn 89 Figure 47. Europe Indoor Farming Market by Fruits and Vegetables: Cucumber, 2022-2032, $ mn 90 Figure 48. Europe Indoor Farming Market by Fruits and Vegetables: Other Fruits and Vegetables, 2022-2032, $ mn 91 Figure 49. Europe Indoor Farming Market by Crop Type: Herbs and Microgreens, 2022-2032, $ mn 92 Figure 50. Europe Indoor Farming Market by Herbs and Microgreens: Basil, 2022-2032, $ mn 94 Figure 51. Europe Indoor Farming Market by Herbs and Microgreens: Herbs, 2022-2032, $ mn 95 Figure 52. Europe Indoor Farming Market by Herbs and Microgreens: Tarragon, 2022-2032, $ mn 96 Figure 53. Europe Indoor Farming Market by Herbs and Microgreens: Wheatgrass, 2022-2032, $ mn 97 Figure 54. Europe Indoor Farming Market by Herbs and Microgreens: Other Herbs and Microgreens, 2022-2032, $ mn 98 Figure 55. Europe Indoor Farming Market by Crop Type: Flowers and Ornamentals, 2022-2032, $ mn 99 Figure 56. Europe Indoor Farming Market by Flowers and Ornamentals: Perennials, 2022-2032, $ mn 101 Figure 57. Europe Indoor Farming Market by Flowers and Ornamentals: Annuals, 2022-2032, $ mn 102 Figure 58. Europe Indoor Farming Market by Flowers and Ornamentals: Ornamentals, 2022-2032, $ mn 103 Figure 59. Europe Indoor Farming Market by Flowers and Ornamentals: Other Flowers and Ornamentals, 2022-2032, $ mn 104 Figure 60. Europe Indoor Farming Market by Crop Type: Other Crop Types, 2022-2032, $ mn 105 Figure 61. Breakdown of European Indoor Farming Market by Country, 2022 and 2032, % of Revenue 107 Figure 62. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 108 Figure 63. Indoor Farming Market in Germany, 2022-2032, $ mn 109 Figure 64. Indoor Farming Market in U.K., 2022-2032, $ mn 111 Figure 65. Indoor Farming Market in France, 2022-2032, $ mn 113 Figure 66. Indoor Farming Market in Spain, 2022-2032, $ mn 115 Figure 67. Indoor Farming Market in Italy, 2022-2032, $ mn 117 Figure 68. Indoor Farming Market in Netherlands, 2022-2032, $ mn 119 Figure 69. Indoor Farming Market in Rest of Europe, 2022-2032, $ mn 121 Figure 70. Growth Stage of Europe Indoor Farming Industry over the Forecast Period 123
Selected Key Players: AeroFarms American Hydroponics (AmHydro) Argus Control System Limited Certhon Everlight Electronics Co., Ltd. Freight Farms, Inc. General Hydroponics Inc. (Hawthorne Gardening Company) Hydrodynamics International Illumitex Logiqs B.V. LumiGrow Inc. Netafim Limited OSRM GmbH Priva Holdings B.V. Richel Group Signify N.V. Vertical Farm System Pty Ltd. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)