The India indoor farming market size is projected to exhibit a growth rate (CAGR) of 13.8% during 2024-2032. The surging focus on sustainable farming practices and water efficiency, the rising need for year-round crop availability, the scarcity of arable land, the increasing demand for organic produce, significant technological advancements, and supportive governmental initiatives represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate 2024-2032 | 13.8% |
Indoor farming, also called controlled environment agriculture (CEA), is a modern farming practice where plants are grown within indoor facilities, such as warehouses or containers, under highly controlled conditions. This practice uses advanced technology, including artificial lighting, such as LEDs, temperature regulation, and hydroponics or aeroponics, to grow crops. The main advantage of indoor farming is that it enables year-round crop production, regardless of outdoor weather conditions. It also allows for significant water savings, up to 90-95% less than traditional agriculture, due to its efficient recirculation systems. Indoor farms can be located in urban areas, reducing food miles and enhancing fresh produce availability in food deserts. Besides this, it helps increase crop yields per unit area, overcoming limitations of traditional farming such as land scarcity, climate unpredictability, and pesticide use. As research advances and technologies improve, indoor farming could become an increasingly viable solution to global food security challenges. With the combination of technology and agriculture, indoor farming offers a sustainable and scalable method of feeding the ever-growing global population.
The escalating trend of indoor farming in India is primarily driven by the increasing need for sustainable methods to meet the growing demand for food due to the country's rapidly expanding population. In line with this, the expanding deployment of advanced technologies, such as hydroponics and aeroponics, for indoor cultivation of crops offers a unique opportunity to significantly reduce water usage and grow crops year-round, irrespective of the external climatic conditions. This, in turn, has fueled the adoption of indoor farming methods in the country. Moreover, the surging need to improve crop yield and quality in the agricultural sector is propelling the transition from traditional farming practices to controlled environment agriculture, strengthening the market growth. Concurrent with this, bolstering industrial growth is further influencing the demand for indoor farming in the country, as the need for space optimization in urbanized areas encourages vertical farming techniques, leading to efficient land use. In addition to this, the escalating awareness of the adverse impacts of agrochemicals on health and the environment is fueling the demand for organically grown produce, creating a favorable outlook for market growth. Furthermore, the advent of eco-friendly indoor farming methods, coupled with government support in promoting sustainable agriculture practices, is presenting remunerative growth opportunities for the market.
IMARC Group provides an analysis of the key trends in each segment of the India indoor farming market report, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on facility type, crop type, component, and growing system.
Facility Type Insights:
The report has provided a detailed breakup and analysis of the market based on the facility type. This includes greenhouse, indoor vertical farms, container farms, indoor deep-water culture, and others.
Crop Type Insights:
A detailed breakup and analysis of the market based on the crop type has also been provided in the report. This includes fruits, vegetables and herbs (lettuce, spinach, kale, tomato, herbs, bell and chili peppers, strawberry, cucumber, and others), flowers and ornamentals (annuals, perennials, ornamentals, and others), and others.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the components. This includes hardware (structure, LED lights, HVAC, climate control system, irrigation systems, and others) and software (web-based and cloud-based).
Growing System Insights:
A detailed breakup and analysis of the market based on the growing system has also been provided in the report. This includes aeroponics, hydroponics, aquaponics, soil-based, and hybrid.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include South India, North India, West and Central India, and East India.
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Facility Types Covered | Greenhouse, Indoor Vertical Farms, Container Farms, Indoor Deep-Water Culture, Others |
Crop Types Covered |
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Components Covered |
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Growing Systems Covered | Aeroponics, Hydroponics, Aquaponics, Soil-based, Hybrid |
Regions Covered | South India, North India, West and Central India, East India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |