Asia Pacific Indoor Farming Market Size & Outlook
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Asia Pacific indoor farming market highlights
- The Asia Pacific indoor farming market generated a revenue of USD 12,206.4 million in 2024.
- The market is expected to grow at a CAGR of 14.9% from 2025 to 2030.
- In terms of segment, greenhouses was the largest revenue generating facility type in 2024.
- Vertical Farms is the most lucrative facility type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 12,206.4 million |
| Market revenue in 2030 | USD 27,686.8 million |
| Growth rate | 14.9% (CAGR from 2025 to 2030) |
| Largest segment | Greenhouses |
| Fastest growing segment | Vertical Farms |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Greenhouses, Vertical Farms |
| Key market players worldwide | Argus Worldwide Corp, Denso Corp, Richel Group, Netafim, HydroDynamics, Signify NV, Hydroponics, Illumitex, LumiGrow, Bowery Farming |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.0% of the global indoor farming market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,686.8 million by 2030.
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Indoor Farming Market Scope
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 |
Asia Pacific 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 74.79% in 2024. Horizon Databook has segmented the Asia Pacific indoor farming market based on greenhouses, vertical farms covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific indoor farming market databook
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Our clientele includes a mix of indoor farming market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Asia Pacific indoor farming market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific indoor farming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific indoor farming market size, by country, 2018-2030 (US$M)
Asia Pacific Indoor Farming Market Outlook Share, 2024 & 2030 (US$M)
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