Global Indoor Farming Market Size & Outlook, 2025-2030

The global indoor farming market size was estimated at USD 42,081.0 million in 2024 and is projected to reach USD 88,478.9 million by 2030, growing at a CAGR of 13.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$42,081.0
Forecast, 2030 (US$M)
$88,478.9
CAGR, 2025 - 2030
13.5%
Report Coverage
Worldwide

Global indoor farming market highlights

  • The global indoor farming market generated a revenue of USD 42,081.0 million in 2024 and is expected to reach USD 88,478.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 13.5% by 2030.
  • In terms of segment, greenhouses accounted for a revenue of USD 32,167.6 million in 2024.
  • Vertical Farms is the most lucrative facility type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 42,081.0 million
Market revenue in 2030USD 88,478.9 million
Growth rate13.5% (CAGR from 2025 to 2030)
Largest segmentGreenhouses
Fastest growing segmentVertical Farms
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGreenhouses, Vertical Farms

Other key industry trends

  • In terms of revenue, the North America accounted for 22.8% of the global indoor farming market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 10,189.0 million by 2030.

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Indoor Farming Market Companies

Name Profile # Employees HQ Website
Bowery Farming View profile 251-500 New York, New York, United States, North America http://boweryfarming.com
LumiGrow View profile 11-50 Emeryville, California, United States, North America http://www.lumigrow.com
Illumitex View profile 51-100 Austin, Texas, United States, North America https://www.illumitex.com
Hydroponics View profile 11-50 Mira Loma, California, United States, North America http://www.hydroponicsinc.com
Signify NV View profile 31920 High Tech Campus 48, Eindhoven, Netherlands, 5656 AE https://www.signify.com
HydroDynamics View profile 11-50 Warren, Michigan, United States, North America http://www.hydrodynamics.net
Netafim View profile 1001-5000 Tel Aviv, Tel Aviv, Israel, Asia http://www.netafim.com/
Richel Group View profile 251-500 Eygalières, Provence-Alpes-Cote d'Azur, France, Europe https://richel-group.fr/
Argus Worldwide Corp View profile - 1712 Pioneer Avenue, Suite 101, Cheyenne, WA, United States, 82001 http://www.argusworldwide.com
Denso Corp View profile 195471 1-1 Showa-cho, Kariya, Japan, 448-8661 http://www.denso.co.jp

Global indoor farming market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to indoor farming market will help companies and investors design strategic landscapes.


Greenhouses was the largest segment with a revenue share of 76.44% in 2024. Horizon Databook has segmented the Global indoor farming market based on greenhouses, vertical farms covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Indoor Farming Facility Type Outlook (Revenue, USD Million, 2018-2030)
    • Greenhouses
    • Vertical Farms
      • Shipping Container
      • Building-based
    • Others
  • Global Indoor Farming Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Climate Control Systems
      • Lighting Systems
      • Sensors
      • Irrigation Systems
    • Software
      • Web-Based
      • Cloud-Based
    • Services
      • System Integration & Consulting
      • Managed Services
      • Assisted Professional Services
  • Global Indoor Farming Growing Mechanism Outlook (Revenue, USD Million, 2018-2030)
    • Aeroponics
    • Hydroponics
    • Aquaponics
  • Global Indoor Farming Crop Category Outlook (Revenue, USD Million, 2018-2030)
    • Fruits Vegetables, & Herbs
      • Tomato
      • Lettuce
      • Bell & Chili Peppers
      • Strawberry
      • Cucumber
      • Leafy Greens (excluding lettuce)
      • Herbs
      • Others
    • Flowers & Ornamentals
      • Perennials
      • Annuals
      • Ornamentals
    • Others (Cannabis, Microgreens)

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Target buyers of Global indoor farming market databook

  • Our clientele includes a mix of indoor farming market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global indoor farming market , including forecasts for subscribers. This global databook contains high-level insights into Global indoor farming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global indoor farming market size, by regions, 2018-2030 (US$M)

Top 10 countries: Indoor farming market size, 2024 (US$M)

Global indoor farming market share, by facility type, 2024 & 2030 (%, US$M)

Indoor farming market: Opportunity assessment by country

Global indoor farming market, by region, 2024 (US$M)

Global indoor farming market size, by regions, 2018-2030 (US$M)

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