Product Code: ETC4598065 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The indoor farming technology market in India is evolving rapidly as urbanization and the need for year-round fresh produce drive innovation in agriculture. Indoor farming allows for controlled, climate-independent cultivation in limited spaces, making it suitable for urban areas. Advances in LED lighting, climate control, and vertical farming systems have made indoor farming more accessible and economically viable. This market is poised for growth as it aligns with the increasing consumer demand for locally sourced, pesticide-free, and sustainably grown produce.
The India indoor farming technology market has been gaining momentum due to several factors. First and foremost, the rising urbanization and shrinking arable land have necessitated innovative agricultural practices, such as indoor farming, to ensure a stable food supply. Indoor farming technology provides the means to cultivate crops in controlled environments, allowing for year-round production and reduced reliance on external weather conditions. Additionally, the growing demand for fresh, locally sourced produce has fueled the adoption of indoor farming technology, as it enables urban and peri-urban agriculture. The integration of advanced technologies like hydroponics, vertical farming, and LED lighting has further boosted the appeal of indoor farming, making it a promising avenue for agricultural sustainability in India.
The indoor farming technology market in India faces several challenges in its pursuit of year-round and controlled environment agriculture. High capital investment for setting up indoor farming facilities and the need for specialized equipment, such as climate control systems and LED lighting, can be a significant barrier, particularly for small-scale farmers. Access to skilled labor and technical expertise in indoor farming techniques is limited, affecting the efficient operation of indoor farms. Energy costs, especially in a country with varying electricity rates and supply reliability, can affect the economic viability of indoor farming operations. Additionally, the absence of standardized regulations for indoor farm produce and the lack of consumer awareness regarding the benefits of indoor farming are challenges to market growth.
The indoor farming technology market gained traction, as the pandemic emphasized the importance of local food production. With controlled environments and reduced reliance on external factors, indoor farming technologies are expected to become increasingly popular.
The India indoor farming technology market features key players like Philips Lighting (now Signify), AeroFarms, and Freight Farms. These companies offer innovative indoor farming solutions using advanced technologies to grow crops in controlled environments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Indoor Farming Technology Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Indoor Farming Technology Market Revenues & Volume, 2021 & 2031F |
3.3 India Indoor Farming Technology Market - Industry Life Cycle |
3.4 India Indoor Farming Technology Market - Porter's Five Forces |
3.5 India Indoor Farming Technology Market Revenues & Volume Share, By Growing System, 2021 & 2031F |
3.6 India Indoor Farming Technology Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 India Indoor Farming Technology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Indoor Farming Technology Market Trends |
6 India Indoor Farming Technology Market, By Types |
6.1 India Indoor Farming Technology Market, By Growing System |
6.1.1 Overview and Analysis |
6.1.2 India Indoor Farming Technology Market Revenues & Volume, By Growing System, 2021-2031F |
6.1.3 India Indoor Farming Technology Market Revenues & Volume, By Hydroponics, 2021-2031F |
6.1.4 India Indoor Farming Technology Market Revenues & Volume, By Aeroponics, 2021-2031F |
6.1.5 India Indoor Farming Technology Market Revenues & Volume, By Aquaponics, 2021-2031F |
6.1.6 India Indoor Farming Technology Market Revenues & Volume, By Soil-based, 2021-2031F |
6.1.7 India Indoor Farming Technology Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 India Indoor Farming Technology Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 India Indoor Farming Technology Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.2.3 India Indoor Farming Technology Market Revenues & Volume, By Herbs & Microgreens, 2021-2031F |
6.2.4 India Indoor Farming Technology Market Revenues & Volume, By Flowers & Ornamentals, 2021-2031F |
7 India Indoor Farming Technology Market Import-Export Trade Statistics |
7.1 India Indoor Farming Technology Market Export to Major Countries |
7.2 India Indoor Farming Technology Market Imports from Major Countries |
8 India Indoor Farming Technology Market Key Performance Indicators |
9 India Indoor Farming Technology Market - Opportunity Assessment |
9.1 India Indoor Farming Technology Market Opportunity Assessment, By Growing System, 2021 & 2031F |
9.2 India Indoor Farming Technology Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 India Indoor Farming Technology Market - Competitive Landscape |
10.1 India Indoor Farming Technology Market Revenue Share, By Companies, 2024 |
10.2 India Indoor Farming Technology Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |