Global Plant Factory Market size was valued at USD 118.2 Bn in 2022 and Plant Factory Market revenue is expected to reach USD 189.4 Bn by 2029, at a CAGR of 7.3 % over the forecast period (2023-2029).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 Technology The Plant Factory Market is categorized into hydroponics, Aeroponics, Aquaponics, Vertical farming systems, Artificial Lighting, Climate Control systems, and Automation. Among the technology segments in the market, hydroponics and vertical farming systems are dominating the market in 2022. Hydroponics offers efficient water usage and high yields, meeting the demand for sustainable and locally grown produce. Vertical farming systems maximize space utilization, allowing for high-density crop production in urban areas. These technologies align with the growing focus on resource efficiency and sustainability, making them dominant segments in the market.Based on Components The Market is categorized into Lighting Systems, Sensors and Monitoring Devices, Growing Media, Nutrient Delivery Systems, and Automation and control systems. Among the Component segment automation and control systems segment is dominating the market in 2022. Automation systems in plant factories provide precise control over various parameters such as lighting, temperature, humidity, and nutrient delivery. This level of automation ensures optimal growing conditions, enhances crop quality and productivity, and reduces labor costs. With the increasing adoption of advanced technologies and the need for operational efficiency, automation systems have become crucial in driving the growth and success of Plant Factory Market.
Based on End User The retail stores segment is dominating the Plant Factory Market in 2022. Retail stores have a high demand for fresh produce and are increasingly focusing on offering locally grown and sustainable options to consumers. Plant factories provide a reliable and consistent supply of fresh produce throughout the year, meeting the requirements of retail stores. Additionally, the trend of consumers preferring to purchase groceries directly from retail stores further drives the dominance of this segment in the market.
Competitive Landscape
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.Plant Factory Market Scope: Inquire before buying
Plant Factory Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: USD 118.2 Bn Forecast Period 2023 to 2029 CAGR: 7.3% Market Size in 2029: USD 189.4 Bn Segments Covered: by Technology Hydroponics Aeroponics Aquaponics Vertical Farming Systems Artificial Lighting Climate Control Systems Automation by Component Lighting Systems Climate Control Systems Sensors and Monitoring Devices Growing Media Nutrient Delivery Systems Automation and Control Systems by End User Retail Stores Food Service Online Grocery Delivery Industrial Ingredient Suppliers 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)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. Smallhold Frequently 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 189.4 Bn by 2029. 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 2029? Ans. The growing demand for fresh, locally grown produce has become a significant driver in the plant factory market over the forecast period (2023-2029).
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) 2022-2029 3.1. Plant Factory Market Size and Forecast, by Technology (2022-2029) 3.1.1. Hydroponics 3.1.2. Aeroponics 3.1.3. Aquaponics 3.1.4. Vertical Farming Systems 3.1.5. Artificial Lighting 3.1.6. Climate Control Systems 3.1.7. Automation 3.2. Plant Factory Market Size and Forecast, by Component (2022-2029) 3.2.1. Lighting Systems 3.2.2. Climate Control Systems 3.2.3. Sensors and Monitoring Devices 3.2.4. Growing Media 3.2.5. Nutrient Delivery Systems 3.2.6. Automation and Control Systems 3.3. Plant Factory Market Size and Forecast, by End User (2022-2029) 3.3.1. Retail Stores 3.3.2. Food Service 3.3.3. Online Grocery Delivery 3.3.4. Industrial Ingredient Suppliers 3.4. Plant Factory Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Plant Factory Market Size and Forecast, by Technology (2022-2029) 4.1.1. Hydroponics 4.1.2. Aeroponics 4.1.3. Aquaponics 4.1.4. Vertical Farming Systems 4.1.5. Artificial Lighting 4.1.6. Climate Control Systems 4.1.7. Automation 4.2. North America Plant Factory Market Size and Forecast, by Component (2022-2029) 4.2.1. Lighting Systems 4.2.2. Climate Control Systems 4.2.3. Sensors and Monitoring Devices 4.2.4. Growing Media 4.2.5. Nutrient Delivery Systems 4.2.6. Automation and Control Systems 4.3. North America Plant Factory Market Size and Forecast, by End User (2022-2029) 4.3.1. Retail Stores 4.3.2. Food Service 4.3.3. Online Grocery Delivery 4.3.4. Industrial Ingredient Suppliers 4.4. North America Plant Factory Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Plant Factory Market Size and Forecast, by Technology (2022-2029) 4.4.1.1.1. Hydroponics 4.4.1.1.2. Aeroponics 4.4.1.1.3. Aquaponics 4.4.1.1.4. Vertical Farming Systems 4.4.1.1.5. Artificial Lighting 4.4.1.1.6. Climate Control Systems 4.4.1.1.7. Automation 4.4.1.2. United States Plant Factory Market Size and Forecast, by Component (2022-2029) 4.4.1.2.1. Lighting Systems 4.4.1.2.2. Climate Control Systems 4.4.1.2.3. Sensors and Monitoring Devices 4.4.1.2.4. Growing Media 4.4.1.2.5. Nutrient Delivery Systems 4.4.1.2.6. Automation and Control Systems 4.4.1.3. United States Plant Factory Market Size and Forecast, by End User (2022-2029) 4.4.1.3.1. Retail Stores 4.4.1.3.2. Food Service 4.4.1.3.3. Online Grocery Delivery 4.4.1.3.4. Industrial Ingredient Suppliers 4.4.2. Canada 4.4.2.1. Canada Plant Factory Market Size and Forecast, by Technology (2022-2029) 4.4.2.1.1. Hydroponics 4.4.2.1.2. Aeroponics 4.4.2.1.3. Aquaponics 4.4.2.1.4. Vertical Farming Systems 4.4.2.1.5. Artificial Lighting 4.4.2.1.6. Climate Control Systems 4.4.2.1.7. Automation 4.4.2.2. Canada Plant Factory Market Size and Forecast, by Component (2022-2029) 4.4.2.2.1. Lighting Systems 4.4.2.2.2. Climate Control Systems 4.4.2.2.3. Sensors and Monitoring Devices 4.4.2.2.4. Growing Media 4.4.2.2.5. Nutrient Delivery Systems 4.4.2.2.6. Automation and Control Systems 4.4.2.3. Canada Plant Factory Market Size and Forecast, by End User (2022-2029) 4.4.2.3.1. Retail Stores 4.4.2.3.2. Food Service 4.4.2.3.3. Online Grocery Delivery 4.4.2.3.4. Industrial Ingredient Suppliers 4.4.3. Mexico 4.4.3.1. Mexico Plant Factory Market Size and Forecast, by Technology (2022-2029) 4.4.3.1.1. Hydroponics 4.4.3.1.2. Aeroponics 4.4.3.1.3. Aquaponics 4.4.3.1.4. Vertical Farming Systems 4.4.3.1.5. Artificial Lighting 4.4.3.1.6. Climate Control Systems 4.4.3.1.7. Automation 4.4.3.2. Mexico Plant Factory Market Size and Forecast, by Component (2022-2029) 4.4.3.2.1. Lighting Systems 4.4.3.2.2. Climate Control Systems 4.4.3.2.3. Sensors and Monitoring Devices 4.4.3.2.4. Growing Media 4.4.3.2.5. Nutrient Delivery Systems 4.4.3.2.6. Automation and Control Systems 4.4.3.3. Mexico Plant Factory Market Size and Forecast, by End User (2022-2029) 4.4.3.3.1. Retail Stores 4.4.3.3.2. Food Service 4.4.3.3.3. Online Grocery Delivery 4.4.3.3.4. Industrial Ingredient Suppliers 5. Europe Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.1. Europe Plant Factory Market Size and Forecast, by Component (2022-2029) 5.1. Europe Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4. Europe Plant Factory Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.1.2. United Kingdom Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.1.3. United Kingdom Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.2. France 5.4.2.1. France Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.2.2. France Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.2.3. France Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.3. Germany 5.4.3.1. Germany Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.3.2. Germany Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.3.3. Germany Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.4.2. Italy Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.4.3. Italy Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.5. Spain 5.4.5.1. Spain Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.5.2. Spain Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.5.3. Spain Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.6.2. Sweden Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.6.3. Sweden Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.7.2. Austria Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.7.3. Austria Plant Factory Market Size and Forecast, by End User (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Plant Factory Market Size and Forecast, by Technology (2022-2029) 5.4.8.2. Rest of Europe Plant Factory Market Size and Forecast, by Component (2022-2029) 5.4.8.3. Rest of Europe Plant Factory Market Size and Forecast, by End User (2022-2029) 6. Asia Pacific Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.2. Asia Pacific Plant Factory Market Size and Forecast, by Component (2022-2029) 6.3. Asia Pacific Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4. Asia Pacific Plant Factory Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.1.2. China Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.1.3. China Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.2.2. S Korea Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.2.3. S Korea Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.3.2. Japan Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.3.3. Japan Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.4. India 6.4.4.1. India Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.4.2. India Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.4.3. India Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.5.2. Australia Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.5.3. Australia Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.6.2. Indonesia Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.6.3. Indonesia Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.7.2. Malaysia Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.7.3. Malaysia Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.8.2. Vietnam Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.8.3. Vietnam Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.9.2. Taiwan Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.9.3. Taiwan Plant Factory Market Size and Forecast, by End User (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Technology (2022-2029) 6.4.10.2. Rest of Asia Pacific Plant Factory Market Size and Forecast, by Component (2022-2029) 6.4.10.3. Rest of Asia Pacific Plant Factory Market Size and Forecast, by End User (2022-2029) 7. Middle East and Africa Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Plant Factory Market Size and Forecast, by Technology (2022-2029) 7.2. Middle East and Africa Plant Factory Market Size and Forecast, by Component (2022-2029) 7.3. Middle East and Africa Plant Factory Market Size and Forecast, by End User (2022-2029) 7.4. Middle East and Africa Plant Factory Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Plant Factory Market Size and Forecast, by Technology (2022-2029) 7.4.1.2. South Africa Plant Factory Market Size and Forecast, by Component (2022-2029) 7.4.1.3. South Africa Plant Factory Market Size and Forecast, by End User (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Plant Factory Market Size and Forecast, by Technology (2022-2029) 7.4.2.2. GCC Plant Factory Market Size and Forecast, by Component (2022-2029) 7.4.2.3. GCC Plant Factory Market Size and Forecast, by End User (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Plant Factory Market Size and Forecast, by Technology (2022-2029) 7.4.3.2. Nigeria Plant Factory Market Size and Forecast, by Component (2022-2029) 7.4.3.3. Nigeria Plant Factory Market Size and Forecast, by End User (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Plant Factory Market Size and Forecast, by Technology (2022-2029) 7.4.4.2. Rest of ME&A Plant Factory Market Size and Forecast, by Component (2022-2029) 7.4.4.3. Rest of ME&A Plant Factory Market Size and Forecast, by End User (2022-2029) 8. South America Plant Factory Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Plant Factory Market Size and Forecast, by Technology (2022-2029) 8.2. South America Plant Factory Market Size and Forecast, by Component (2022-2029) 8.3. South America Plant Factory Market Size and Forecast, by End User(2022-2029) 8.4. South America Plant Factory Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Plant Factory Market Size and Forecast, by Technology (2022-2029) 8.4.1.2. Brazil Plant Factory Market Size and Forecast, by Component (2022-2029) 8.4.1.3. Brazil Plant Factory Market Size and Forecast, by End User (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Plant Factory Market Size and Forecast, by Technology (2022-2029) 8.4.2.2. Argentina Plant Factory Market Size and Forecast, by Component (2022-2029) 8.4.2.3. Argentina Plant Factory Market Size and Forecast, by End User (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Plant Factory Market Size and Forecast, by Technology (2022-2029) 8.4.3.2. Rest Of South America Plant Factory Market Size and Forecast, by Component (2022-2029) 8.4.3.3. Rest Of South America Plant Factory Market Size and Forecast, by End User (2022-2029) 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