Global Plant Factory Market size was valued at USD 126.83 Bn in 2023 and Plant Factory Market revenue is expected to reach USD 207.69 Bn by 2030, at a CAGR of 7.3% over the forecast period (2024-2030). Plant Factory Market Overview A plant factory known as a vertical farm or indoor farm, is a sophisticated form of controlled environment agriculture in which plants are cultivate in indoor facilities under artificial light. It is a high tech farming factors, including light, temperature, humidity and nutrient levels. The main goal of a Plant Factory is to create an ideal environment for plant growth, allowing crops to grow faster, with higher crops, and in a more controlled manner compared to old-fashioned outdoor farming methods. These facilities are equipped with advanced technologies, such as LED grow lights, aeroponic systems, automated climate control, and precision nutrient delivery.To know about the Research Methodology :- Request Free Sample Report
Plant Factory Market Dynamics
The growing demand for fresh, locally grown produce to propel market growth The demand for fresh, locally grown produce is driving the growth of the plant factory market. Consumers increasingly prioritize the freshness, nutritional value, and sustainability of their food. Plant factories are meeting this demand by offering year-round crop production regardless of weather conditions. Through controlled environment agriculture and vertical farming technologies, plant factories provide optimal growing conditions indoors, ensuring consistent crop quality. This is particularly advantageous in regions with harsh climates or limited arable land. Consumers choose locally grown produce for food security, reduced carbon footprint, and support local economies. Plant factories located in urban areas bring food production closer to consumers, ensuring fresher and more sustainable production. By employing sustainable practices, such as efficient resource usage and minimal pesticide use, plant factories align with consumers' environmental concerns. The market is expected to continue to grow as consumer demand for fresh, locally-grown produce remains strong. Plant Factory Market Flourishes as Sustainability Takes Center Stage The increased focus on sustainability has become a driving force behind the growth of the market. Compared to traditional farming methods, plant factories offer a more sustainable approach to food production. These facilities utilize advanced technologies, such as vertical farming and hydroponics, which significantly reduce resource consumption. Water usage in plant factories is highly efficient, as crops are grown in a controlled environment with precise irrigation systems. This efficiency helps conserve water, a critical global concern and minimize the need for pesticides by maintaining a sterile environment that prevents the intrusion of pests and diseases. Plant factories require less land compared to traditional agriculture, as crops are cultivated vertically. This vertical stacking allows for higher crop yields within a smaller footprint. Moreover, the ability to establish plant factories closer to urban areas reduces the carbon footprint associated with transportation and distribution, as produce can be delivered locally, reducing food miles. By embracing sustainable practices and reducing resource consumption, plant factories contribute to environmental conservation, address food security challenges, and promote a more efficient and eco-friendly approach to agriculture. As sustainability continues to gain prominence, the plant factory market is poised for further expansion and adoption as a key player in the future of sustainable food production. Advancements in Technology and Automation to boost the Plant Factory Market Growth Technological advancements play a pivotal role in driving the expansion and innovation within the market. Breakthroughs in LED lighting technology have significantly improved energy efficiency and reduced operating costs for indoor farming. Advanced automation and control systems enable precise monitoring and adjustment of environmental factors such as temperature, moisture, and nutrient delivery, ensuring optimal plant growth conditions. These technological advancements enhance operational efficiency, increase productivity, and improve resource utilization within Plant Factories. As technology continues to evolve, the scalability and viability of Market are enhanced, attracting investments and fostering innovation within the industry.Trends in Plant Factory Market
Expansion of Vertical Farming and Urban Agriculture: The trend of vertical farming and urban agriculture is gaining momentum in the market. As urbanization continues to increase and available arable land becomes limited, Plant Factories offer a viable solution for growing crops in densely populated areas. The vertical farming approach, with stacked layers of cultivation, maximizes land utilization and enables production closer to consumers. Internet of Things (IoT) and Artificial Intelligence (AI) The incorporation of IoT and AI technologies in Plant Factory Market is a significant trend in the market. IoT enables the collection of real-time data on environmental conditions, crop growth, and nutrient levels. This data can be analyzed using AI algorithms to optimize plant growth, automate processes, and enhance resource management. IoT and AI technologies facilitate precision farming practices, enabling Plant Factory operators to achieve higher yields, reduce resource wastage, and improve overall operational efficiency. Diversification of Crop Varieties The market is primarily focused on leafy greens and herbs due to their shorter growth cycles and suitability for indoor farming. However, there is a growing trend of diversifying crop varieties within Plant Factories. This includes the cultivation of fruits, vine crops, root vegetables, and even ornamental plants. Technological advancements, such as improved lighting systems and nutrient delivery methods, have broadened the range of crops that can be successfully grown in Plant Factories. This trend expands the market opportunities for Plant Factory Market operators and caters to a wider range of consumer demands.Plant Factory Market Restraint
The market faces several restraints that hinder its growth and widespread adoption. One significant constraint is the high upfront costs associated with establishing a plant factory. This includes expenses for acquiring the facility, purchasing equipment, and implementing advanced technology. These substantial initial investments make it challenging for small businesses and start-ups to enter the market, limiting its overall expansion. Plant Factory Market has high upfront costs, plant factories also incur significant operating expenses. These include energy consumption, water usage, and labor costs Consumer acceptance is another factor that affects the growth of the Market. As a relatively new concept, plant factories may face skepticism or unfamiliarity from consumers. The perception of the quality and safety of produce grown in these controlled environments impacts consumer trust and acceptance. Educating consumers about the benefits and rigorous quality control measures of plant factory-grown produce is essential for building confidence and expanding market share. Addressing these restraints is crucial for the sustained growth and success of the plant factory market.Plant Factory Market Regional Analysis
North America held the largest market share with 30% and is expected to dominate the market during the forecast period with the United States being the largest market in North America. The growth of the market in North America is being driven by the increasing demand for fresh, locally-grown produce the rising awareness about the benefit of plant-based diets, and the growing focus on sustainability. In 2022, the North American plant factory market accounted for 1.9 Bn 2022 and is projected to reach USD 8.9 Bn growing at a CAGR of 25.7% during the forecast period. The region’s cold climate and limited agricultural land have fuelled the adoption of indoor farming technologies, including plant factories. The United States government has been actively supporting the growth of vertical farming and has invested in research and development initiatives in this field. Asia Pacific region is another dominating player in the Market with 24% of the market share in 2022. Asia pacific market is driving growth due to population, rapid urbanization, limited arable land, and a growing focus on sustainable agriculture driving the adoption of plant factories. China is the largest market in Asia Pacific, followed by Japan, and South Korea. The chinas government has implemented policies to promote urban agriculture and enhance food security.Plant Factory Market Segment Analysis
Based on Crop Type: The market is segmented into Vegetables, Fruits, Flowers & Ornamentals and Others. The Vegetables segment dominated the global market with the largest Plant Factory Market share in 2023. By creating optimal growing conditions, plant factories can cultivate vegetables with uniform size, color, and flavor, devoid of pesticides and impurities. Furthermore, advanced methods like hydroponics and aeroponics enable precise nutrient delivery to plant roots, minimizing fertilizer usage and enhancing nutrient absorption efficiency. Consequently, the outcome is produced devoid of hazardous chemical residues and contaminants, fostering a healthier and safer food choice for consumers.The competitive landscape of the plant factory market is characterized by intense competition among key players aiming to capture a significant market share. Established companies and startups are actively involved in research and development to enhance their technological capabilities, crop varieties, and production efficiency. Companies are investing in advanced lighting systems, climate control technologies, and automation solutions to optimize crop growth and maximize yields. The market witnesses partnerships and collaborations between plant factory operators, technology providers, and research institutes that are fostering innovation and knowledge exchange. Market leaders are also focusing on expanding their global presence through strategic acquisitions, mergers, and geographical expansions to gain a competitive edge in the growing plant factory market.
Competitive Landscape
Plant Factory Market Scope: Inquire before buying
Global Plant Factory Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 126.83 Bn. Forecast Period 2024 to 2030 CAGR: 7.3% Market Size in 2030: US $ 207.67 Bn. Segments Covered: By Growing System Soil-based Non-soil based Hybrid By Facility Type Greenhouses Indoor farms Other facility types By Light Type Sunlight Full artificial light By Crop Type Vegetables Fruits Flowers & Ornamentals Others Plant Factory Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Plant Factory Market key players
1. AeroFarms 2. Gotham Greens 3. AppHarvest 4. Bowery Farming 5. Plenty Unlimited Inc. 6. Mirai Co. Ltd. 7. Farminova 8. Iron Ox, 9. Taiksha Ltd. 10. Crop One 11. Vertical Harvest 12. Farmone 13. Smallhold 14. Oishii 15. Agricool (France) 16. AppHarvest (US) 17. BrightFarms 18. Farminova 19. Taiksha 20. Farmone 21. SmallholdFrequently Asked Questions:
1] What is the growth rate of the Global Plant Factory Market? Ans. The Global Plant Factory Market is growing at a significant rate of 7.3% over the forecast period. 2] Which region is expected to dominate the Global Plant Factory Market? Ans. North American region is expected to dominate the Plant Factory Market over the forecast period. 3] What is the expected Global Plant Factory Market size by 2029? Ans. The market size of the Plant Factory Market is expected to reach USD 207.69 Bn by 2030. 4] Who are the top players in the Global Plant Factory Market Industry? Ans. The major key players in the Global Plant Factory Market are AeroFarms, Gotham Greens, AppHarvest, and Bowery Farming 5] Which factors are expected to drive the Global Plant Factory Market growth by 2030? Ans. The growing demand for fresh, locally grown produce has become a significant driver in the plant factory market over the forecast period (2024-2030).
1. Plant Factory Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Plant Factory Market: Dynamics 2.1. Plant Factory Market Trends by Region 2.1.1. North America Plant Factory Market Trends 2.1.2. Europe Plant Factory Market Trends 2.1.3. Asia Pacific Plant Factory Market Trends 2.1.4. Middle East and Africa Plant Factory Market Trends 2.1.5. South America Plant Factory Market Trends 2.2. Plant Factory Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Plant Factory Market Drivers 2.2.1.2. North America Plant Factory Market Restraints 2.2.1.3. North America Plant Factory Market Opportunities 2.2.1.4. North America Plant Factory Market Challenges 2.2.2. Europe 2.2.2.1. Europe Plant Factory Market Drivers 2.2.2.2. Europe Plant Factory Market Restraints 2.2.2.3. Europe Plant Factory Market Opportunities 2.2.2.4. Europe Plant Factory Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Plant Factory Market Drivers 2.2.3.2. Asia Pacific Plant Factory Market Restraints 2.2.3.3. Asia Pacific Plant Factory Market Opportunities 2.2.3.4. Asia Pacific Plant Factory Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Plant Factory Market Drivers 2.2.4.2. Middle East and Africa Plant Factory Market Restraints 2.2.4.3. Middle East and Africa Plant Factory Market Opportunities 2.2.4.4. Middle East and Africa Plant Factory Market Challenges 2.2.5. South America 2.2.5.1. South America Plant Factory Market Drivers 2.2.5.2. South America Plant Factory Market Restraints 2.2.5.3. South America Plant Factory Market Opportunities 2.2.5.4. South America Plant Factory Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Plant Factory Industry 2.8. Analysis of Government Schemes and Initiatives For Plant Factory Industry 2.9. Plant Factory Market Trade Analysis 2.10. The Global Pandemic Impact on Plant Factory Market 3. Plant Factory Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Plant Factory Market Size and Forecast, by Growing System (2023-2030) 3.1.1. Soil-based 3.1.2. Non-soil based 3.1.3. Hybrid 3.2. Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 3.2.1. Greenhouses 3.2.2. Indoor farms 3.2.3. Other facility types 3.3. Plant Factory Market Size and Forecast, by Light Type (2023-2030) 3.3.1. Sunlight 3.3.2. Full artificial light 3.4. Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 3.4.1. Vegetables 3.4.2. Fruits 3.4.3. Flowers & Ornamentals 3.4.4. Others 3.5. Plant Factory Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Plant Factory Market Size and Forecast, by Growing System (2023-2030) 4.1.1. Soil-based 4.1.2. Non-soil based 4.1.3. Hybrid 4.2. North America Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 4.2.1. Greenhouses 4.2.2. Indoor farms 4.2.3. Other facility types 4.3. North America Plant Factory Market Size and Forecast, by Light Type (2023-2030) 4.3.1. Sunlight 4.3.2. Full artificial light 4.4. North America Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 4.4.1. Vegetables 4.4.2. Fruits 4.4.3. Flowers & Ornamentals 4.4.4. Others 4.5. North America Plant Factory Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Plant Factory Market Size and Forecast, by Growing System (2023-2030) 4.5.1.1.1. Soil-based 4.5.1.1.2. Non-soil based 4.5.1.1.3. Hybrid 4.5.1.2. United States Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 4.5.1.2.1. Greenhouses 4.5.1.2.2. Indoor farms 4.5.1.2.3. Other facility types 4.5.1.3. United States Plant Factory Market Size and Forecast, by Light Type (2023-2030) 4.5.1.3.1. Sunlight 4.5.1.3.2. Full artificial light 4.5.1.4. United States Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 4.5.1.4.1. Vegetables 4.5.1.4.2. Fruits 4.5.1.4.3. Flowers & Ornamentals 4.5.1.4.4. Others 4.5.2. Canada 4.5.2.1. Canada Plant Factory Market Size and Forecast, by Growing System (2023-2030) 4.5.2.1.1. Soil-based 4.5.2.1.2. Non-soil based 4.5.2.1.3. Hybrid 4.5.2.2. Canada Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 4.5.2.2.1. Greenhouses 4.5.2.2.2. Indoor farms 4.5.2.2.3. Other facility types 4.5.2.3. Canada Plant Factory Market Size and Forecast, by Light Type (2023-2030) 4.5.2.3.1. Sunlight 4.5.2.3.2. Full artificial light 4.5.2.4. Canada Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 4.5.2.4.1. Vegetables 4.5.2.4.2. Fruits 4.5.2.4.3. Flowers & Ornamentals 4.5.2.4.4. Others 4.5.3. Mexico 4.5.3.1. Mexico Plant Factory Market Size and Forecast, by Growing System (2023-2030) 4.5.3.1.1. Soil-based 4.5.3.1.2. Non-soil based 4.5.3.1.3. Hybrid 4.5.3.2. Mexico Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 4.5.3.2.1. Greenhouses 4.5.3.2.2. Indoor farms 4.5.3.2.3. Other facility types 4.5.3.3. Mexico Plant Factory Market Size and Forecast, by Light Type (2023-2030) 4.5.3.3.1. Sunlight 4.5.3.3.2. Full artificial light 4.5.3.4. Mexico Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 4.5.3.4.1. Vegetables 4.5.3.4.2. Fruits 4.5.3.4.3. Flowers & Ornamentals 4.5.3.4.4. Others 5. Europe Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.2. Europe Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.3. Europe Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.4. Europe Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5. Europe Plant Factory Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.1.2. United Kingdom Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.1.3. United Kingdom Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.1.4. United Kingdom Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.2. France 5.5.2.1. France Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.2.2. France Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.2.3. France Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.2.4. France Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.3.2. Germany Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.3.3. Germany Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.3.4. Germany Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.4.2. Italy Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.4.3. Italy Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.4.4. Italy Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.5.2. Spain Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.5.3. Spain Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.5.4. Spain Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.6.2. Sweden Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.6.3. Sweden Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.6.4. Sweden Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.7.2. Austria Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.7.3. Austria Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.7.4. Austria Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Plant Factory Market Size and Forecast, by Growing System (2023-2030) 5.5.8.2. Rest of Europe Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 5.5.8.3. Rest of Europe Plant Factory Market Size and Forecast, by Light Type (2023-2030) 5.5.8.4. Rest of Europe Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6. Asia Pacific Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.2. Asia Pacific Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.3. Asia Pacific Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.4. Asia Pacific Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5. Asia Pacific Plant Factory Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.1.2. China Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.1.3. China Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.1.4. China Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.2.2. S Korea Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.2.3. S Korea Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.2.4. S Korea Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.3.2. Japan Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.3.3. Japan Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.3.4. Japan Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.4. India 6.5.4.1. India Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.4.2. India Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.4.3. India Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.4.4. India Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.5.2. Australia Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.5.3. Australia Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.5.4. Australia Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.6.2. Indonesia Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.6.3. Indonesia Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.6.4. Indonesia Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.7.2. Malaysia Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.7.3. Malaysia Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.7.4. Malaysia Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.8.2. Vietnam Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.8.3. Vietnam Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.8.4. Vietnam Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.9.2. Taiwan Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.9.3. Taiwan Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.9.4. Taiwan Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Growing System (2023-2030) 6.5.10.2. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 6.5.10.3. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Light Type (2023-2030) 6.5.10.4. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 7. Middle East and Africa Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Plant Factory Market Size and Forecast, by Growing System (2023-2030) 7.2. Middle East and Africa Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 7.3. Middle East and Africa Plant Factory Market Size and Forecast, by Light Type (2023-2030) 7.4. Middle East and Africa Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 7.5. Middle East and Africa Plant Factory Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Plant Factory Market Size and Forecast, by Growing System (2023-2030) 7.5.1.2. South Africa Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 7.5.1.3. South Africa Plant Factory Market Size and Forecast, by Light Type (2023-2030) 7.5.1.4. South Africa Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Plant Factory Market Size and Forecast, by Growing System (2023-2030) 7.5.2.2. GCC Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 7.5.2.3. GCC Plant Factory Market Size and Forecast, by Light Type (2023-2030) 7.5.2.4. GCC Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Plant Factory Market Size and Forecast, by Growing System (2023-2030) 7.5.3.2. Nigeria Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 7.5.3.3. Nigeria Plant Factory Market Size and Forecast, by Light Type (2023-2030) 7.5.3.4. Nigeria Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Plant Factory Market Size and Forecast, by Growing System (2023-2030) 7.5.4.2. Rest of ME&A Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 7.5.4.3. Rest of ME&A Plant Factory Market Size and Forecast, by Light Type (2023-2030) 7.5.4.4. Rest of ME&A Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 8. South America Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Plant Factory Market Size and Forecast, by Growing System (2023-2030) 8.2. South America Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 8.3. South America Plant Factory Market Size and Forecast, by Light Type(2023-2030) 8.4. South America Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 8.5. South America Plant Factory Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Plant Factory Market Size and Forecast, by Growing System (2023-2030) 8.5.1.2. Brazil Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 8.5.1.3. Brazil Plant Factory Market Size and Forecast, by Light Type (2023-2030) 8.5.1.4. Brazil Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Plant Factory Market Size and Forecast, by Growing System (2023-2030) 8.5.2.2. Argentina Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 8.5.2.3. Argentina Plant Factory Market Size and Forecast, by Light Type (2023-2030) 8.5.2.4. Argentina Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Plant Factory Market Size and Forecast, by Growing System (2023-2030) 8.5.3.2. Rest Of South America Plant Factory Market Size and Forecast, by Facility Type (2023-2030) 8.5.3.3. Rest Of South America Plant Factory Market Size and Forecast, by Light Type (2023-2030) 8.5.3.4. Rest Of South America Plant Factory Market Size and Forecast, by Crop Type (2023-2030) 9. Global Plant Factory Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Plant Factory Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. AeroFarms 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Gotham Greens 10.3. AppHarvest 10.4. Bowery Farming 10.5. Plenty Unlimited Inc. 10.6. Mirai Co. Ltd. 10.7. Farminova 10.8. Iron Ox, 10.9. Taiksha Ltd. 10.10. Crop One 10.11. Vertical Harvest 10.12. Farmone 10.13. Smallhold 10.14. Oishii 10.15. Agricool (France) 10.16. AppHarvest (US) 10.17. BrightFarms 10.18. Farminova 10.19. Taiksha 10.20. Farmone 10.21. Smallhold 11. Key Findings 12. Industry Recommendations 13. Plant Factory Market: Research Methodology 14. Terms and Glossary