Plant Factory Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Plant Factory Market.
The global Plant Factory Market size is projected to reach a CAGR of 8.9% to 2028.
Get Free Sample Report: https://www.delvens.com/get-free-sample/plant-factory-market
Regional Analysis of Plant Factory Market:
Europe is projected to account for the largest market during the forecast period. The European plant factory market has been experiencing tremendous growth. Its urban population is growing at a constant rate and is expected to constitute around 80% of the total population of Europe.
Key Players of Plant Factory Market:
· Bowery Farming
· AppHarvest
· Plenty Unlimited Inc.
· Mirai Co. Ltd.
· Kalera
· Farminova and More
Plant factories have evolved considerably and are equipped with technologies for climate control, supplemental lighting, irrigation control, and material handling, among others. These control systems regulate internal conditions such as temperature, humidity levels, light intensity, and communication technologies for remotely monitoring the plant factory parameters.
An efficient alternative to the rising concerns on food security and shrinking arable land since it provides growers the ability to cultivate crops even in the absence of soil are some of the factors that have supported long-term expansion for Plant Factory Market.
For More Inquiry Contact us: https://www.delvens.com/Inquire-before-buying/plant-factory-market
Recent Developments
In June 2021, AppHarvest completed the deal with Rabu Agri Finance to expand the high-tech indoor farm network. The company secured a USD 75 million credit facility via flagship Morehead farm mortgage following announcement; it announced hopes to have five farms operating by the end of 2022.
In October 2020, Plenty Unlimited Inc. announced a joint development agreement with Driscoll’s (US), using its indoor vertical farming to grow Driscoll’s proprietary flavorful strawberries year-round
Plant Factory Market is segmented into facility type, light type, growing system, crop type and region.
On the basis of Facility Type
· Greenhouses
· Indoor farms
· Other facility types (container farms and water culture farms)
On the basis of Light Type
· Sunlight
· Full artificial light
· On the basis of Growing System
· Non-soil-based
· Soil-based
· Hybrid
On the basis of Crop Type
· Fruits
· Vegetables
· Flower & ornamental
· Other crop types (plantation and forage crops)
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Access Full Report: https://www.delvens.com/report/plant-factory-market
In addition to the market data for Plant Factory Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Plant Factory Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
More Reports From Delvens:
Agricultural Pheromones Market
Food & Beverage Processing Equipment Market
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958
