Europe Indoor Farming Market Size & Outlook, 2025-2030
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Europe indoor farming market highlights
- The Europe indoor farming market generated a revenue of USD 13,277.4 million in 2024.
- The market is expected to grow at a CAGR of 12.9% 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, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 13,277.4 million |
| Market revenue in 2030 | USD 27,044.5 million |
| Growth rate | 12.9% (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, Europe region accounted for 31.6% 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 |
Europe 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 77.7% in 2024. Horizon Databook has segmented the Europe 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 Europe 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 Europe indoor farming market , including forecasts for subscribers. This continent databook contains high-level insights into Europe indoor farming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe indoor farming market size, by country, 2018-2030 (US$M)
Europe Indoor Farming Market Outlook Share, 2024 & 2030 (US$M)
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