Germany Indoor Farming Market Size & Outlook, 2023-2030
Germany indoor farming market, 2018-2030 (US$M)
Related Markets
Germany indoor farming market highlights
- The Germany indoor farming market generated a revenue of USD 2,909.2 million in 2023 and is expected to reach USD 7,341.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, greenhouses was the largest revenue generating facility type in 2023.
- Vertical Farms is the most lucrative facility type segment registering the fastest growth during the forecast period.
Indoor farming market data book summary
| Market revenue in 2023 | USD 2,909.2 million |
| Market revenue in 2030 | USD 7,341.5 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Greenhouses |
| Fastest growing segment | Vertical Farms |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, Germany accounted for 7.7% of the global indoor farming market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany indoor farming market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 7,341.5 million by 2030.
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Indoor Farming Market Scope
Indoor Farming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 73.14% in 2023. Horizon Databook has segmented the Germany indoor farming market based on greenhouses, vertical farms covering the revenue growth of each sub-segment from 2018 to 2030.
- Germany Indoor Farming Facility Type Outlook (Revenue, USD Million, 2018-2030)
- Greenhouses
- Vertical Farms
- Shipping Container
- Building-based
- Others
- Germany 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
- Hardware
- Germany Indoor Farming Growing Mechanism Outlook (Revenue, USD Million, 2018-2030)
- Aeroponics
- Hydroponics
- Aquaponics
- Germany 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)
- Fruits Vegetables, & Herbs
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Target buyers of Germany 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 country-level data and insights on the Germany indoor farming market , including forecasts for subscribers. This country databook contains high-level insights into Germany indoor farming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany indoor farming market size, by facility type, 2018-2030 (US$M)
Germany Indoor Farming Market Outlook Share, 2023 & 2030 (US$M)
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