Southeast Asia Indoor Farming Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
According to Markntel Advisors Report, Southeast Asia Indoor Farming Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Indoor farming is a
technology that produces crops by creating an artificial environment inside a
closed facility with the help of technologies such as LED lighting, irrigation
systems, and other climate control technologies. It takes less area than
conventional farming techniques to cultivate plants and is thus highly
prevalent in Southeast Asia due to the limited availability of arable land in
the region.
Global Southeast Asia
Indoor Farming Market Research Report & Summary:
The Southeast Asia Indoor Farming Market size is
projected to grow at a CAGR of around 7.20% during the forecast period, i.e.,
2024-30.
Time
Period Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-30
Who are the Key Players Operating in
the Southeast Asia Indoor Farming Market?
The top
companies of the Southeast Asia Indoor Farming Market ruling the industry
are:
Sky Green,
Signify Holdings, Vana Farming, HAVVA Agrotech, Netafim, Orlar, Verti Veggies,
Kalera, Ariane Tech, Upgrown Farming, and others.
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What is Included in Southeast Asia
Indoor Farming Market Segmentation?
The Southeast Asia Indoor Farming Market
explores the industry by emphasizing the growth parameters and categorizes
including geographical segmentation, to offer a comprehensive understanding of
the market dynamic. The further
bifurcations are as follows:
-By Facility
-Greenhouses- Market Size & Forecast 2019-2030, (USD Million)
-Indoor Vertical Farms- Market Size & Forecast 2019-2030, (USD
Million)
-Container Farms- Market Size & Forecast 2019-2030, (USD Million)
-Indoor Deep Water Culture Systems - Market Size & Forecast
2019-2030, (USD Million)
-By Type
-Aeroponics- Market Size & Forecast 2019-2030, (USD Million)
-Hydroponics- Market Size & Forecast 2019-2030, (USD Million)
-Aquaponics- Market Size & Forecast 2019-2030, (USD Million)
-Vertical Farming- Market Size & Forecast 2019-2030, (USD Million)
-By Crop
-Fruits - Market Size & Forecast 2019-2030, (USD Million)
-Vegetables- Market Size & Forecast 2019-2030, (USD Million)
-Leafy Greens- Market Size & Forecast 2019-2030, (USD Million)
-Other Vegetables (Eggplant, Tomato, Bell Peppers, Chilies, etc.) -
Market Size & Forecast 2019-2030, (USD Million)
-Herbs and Microgreens- Market Size & Forecast 2019-2030, (USD
Million)
-Flowers and Ornamentals- Market Size & Forecast 2019-2030, (USD
Million)
-By Component
-Hardware- Market Size & Forecast 2019-2030, (USD Million)
-Climate Control Systems- Market Size & Forecast 2019-2030, (USD
Million)
-Lightening Systems- Market Size & Forecast 2019-2030, (USD Million)
-Sensors- Market Size & Forecast 2019-2030, (USD Million)
-Irrigation Systems - Market Size & Forecast 2019-2030, (USD
Million)
-Software- Market Size & Forecast 2019-2030, (USD Million)
-Web-Based-Market Size & Forecast 2019-2030, (USD Million)
-Cloud-Based- Market Size & Forecast 2019-2030, (USD Million)
-By Country
-Indonesia
-Vietnam
-Malaysia
-Singapore
-Thailand
-The Philippines
-Rest of Southeast Asia
Explore the Complete Southeast Asia Indoor Farming Market Analysis
Report – https://www.marknteladvisors.com/research-library/southeast-asia-indoor-farming-market.html
Global Southeast Asia Indoor Farming Market
Driver:
Limited Availability of Arable Land in the
Region – Arable land in countries like Singapore and Malaysia has been
continuously decreasing over the past few years, owing to rapid urbanization,
expanding cities, and growing populations. As per the World Bank, the
population of countries like Singapore and Malaysia has been constantly rising
in recent years. For instance, the population of Singapore was approximately
5.45 million in 2021 as compared to 5.64 million in 2022 as per the Singapore
government, and similarly, the population of Malaysia stood at around 33.5
million in 2021 and rose to nearly 33.8 million in 2022 as per the Department
of Statistics Malaysia.
As a result of an
increase in population, the arable land per capita is decreasing in these
countries, which is driving the growth of indoor farming in the region because
indoor farming methods can produce large amounts of crops per unit area as
compared to traditional farming while using fewer resources such as water and
fertilizers.
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