Rising Climate Change Issues Drive Focus on Plant Factories for Stable Crop Production

The global plant factories market is poised for significant growth, with a projected value of USD 192 million by 2030, up from USD 133.9 million in 2023, at a compound annual growth rate (CAGR) of 5.3%. This expansion is driven by increasing urbanization, heightened demand for locally grown, fresh produce, and growing concerns over food security exacerbated by recent global events. Technological advances in automation, AI, and sustainable farming practices further bolster the sector’s appeal, making plant factories an attractive option for sustainable agriculture amidst climate change challenges. The market is characterized by key players like Avisomo, Bowery Farming, and Plenty Unlimited, with robust growth anticipated across various regions, particularly in the U.S. and China. The comprehensive report provides detailed market analyses, competitive insights, and future trends that underscore the importance of plant factories in fulfilling evolving food production needs.

Rising Climate Change Issues Drive Focus on Plant Factories for Stable Crop Production

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