The Plant Factory Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Plant Factory Market?
The market size of the plant factory has seen robust growth in the past few years. The market, which was valued at $130.6 billion in 2024, is predicted to reach $140.43 billion in 2025. Furthermore, the compound annual growth rate (CAGR) stands at 7.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Plant Factory Industry?
The Plant Factory Global Market is projected to grow to a size of $188.23 billion in 2029, with a compound annual growth rate of 7.6%.
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What are the Key Growth Drivers Fueling the Plant Factory Market?
The key drivers in the plant factory market are:
• Adoption of hydroponic and aeroponic growing methods
• Expansion of urban farming and rooftop greenhouse projects
• Research and development in plant factory automation and robotics
• Emphasis on pesticide-free and non-GMO crop production
Global Market Segmentation: Identifying Major Plant Factory Industry Segments
The plant factory market covered in this report is segmented –
1) By Facility Type: Greenhouse, Indoor Farms, Other Facility Types
2) By Light Type: Sunlight, Full Artificial Light
3) By Growing System: Non-Soil-Based, Soil-Based, Hybrid
4) By Crop type: Fruits, Vegetables, Flower And Ornamental, Other Crop Types
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What are the Emerging Trends Shaping the Future of the Plant Factory Market?
The key trends in the electronic flight bag market are:
• The adoption of advanced hydroponic and aeroponic methods is shaping the future market.
• Research and development in automation and robotics for plant factories are emerging trends.
• The integration of AI and machine learning is a significant ongoing trend.
• The arrival of modular, stackable growing systems and advanced LED lighting technologies is an emerging trend.
Who Are the Top Competitors & Leading Players in the Plant Factory Market?
Major companies in the plant factory market are:
• AeroFarms LLC
• BrightFarms Inc.
• Gotham Greens Holdings LLC
• Bowery Farming Inc.
• AppHarvest Inc.
• Lufa Farms
• Beijing IEDA Protected Horticulture Co. Ltd.
• Green Sense Farms Holdings Inc.
• Plenty Unlimited Inc.
• Mirai Co. Ltd.
• Farminova Plant Factory
• Urban Crops Solutions
• Sky Greens
• Kalera Inc.
• Smallhold
• Sky Vegetables
• TruLeaf Sustainable Agriculture
• Wulian
• Crop One Holdings Inc.
• Vertical Harvest Farms
• Growing Greener Ltd.
• Heliospectra AB
• Infarm GmbH
• Intelligent Growth Solutions
• LettuceGrow
• Light Science Technologies
• MechaFarm
• Phytoponics
• Plug and Play Tech Center
• Radiant Food Company
• SmartFarm Systems
• Vertical Greens
Regional Dominance: Which Area Leads the Global Plant Factory Market?
Western Europe was the largest region in the plant factory market in 2024
