Indoor Farming Market to Reach USD 47.19 Billion by 2030, Growing at a CAGR of 11%
Indoor Farming Market to Reach USD 47.19 Billion by 2030, Growing at a CAGR of 11% Summary: The global indoor farming market, valued at USD 22.73 billion in 2023, is projected to experience significant growth, with a forecasted CAGR of 11%, reaching USD 47.19 billion by 2030. The rise in demand for sustainable farming practices and innovations in technology is driving the market forward. Indoor farming, which utilizes advanced systems such as hydroponics, aeroponics, and aquaponics, enables high-yield farming in urban settings, offering an effective solution to food security challenges.
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