France Indoor Farming Market Size, Share, Opportunities, And Trends By Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), By Component (Hardware, Software and Services), By Facility Type (Glass or Poly Greenhouse, Indoor Vertical Farm, Container Farm, Indoor DWC System), And By Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, Others) - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061614443
- Pages : 120
Indoor farms increase the overall crop output per unit area by layering potted seeds on top of one another, driving the market. Indoor farming is the practice of both small- and large-scale plant or crop growth indoors. It is anticipated that constraints on the kinds of crops that can be produced and the high initial cost of building indoor farms would hinder business growth.
France has not yet had the same rise in indoor farming as the middle east or Asian markets. Nevertheless, businesses are sprouting up all over the nation and offering a range of solutions tailored to different market sectors. French indoor farming enterprises frequently target the cosmetics, pharmaceutical, solution provider, and space farming concepts markets.
As the cosmetics industry looks for more ways to combat climate change, produce locally, and guarantee a steady supply of high-quality crops for their goods, it has drawn several French businesses. In addition, businesses that offer vertical farming solutions exist as a result of partnerships between engineering and experts in container refurbishing.
Even though France is still fairly new to this type of farming, there are quite a few vertical farms there. In tiny containers, certain businesses like Agricool cultivate lettuce, strawberries, basil, etc. all over Paris. Leafy green veggies are grown at an InFarm facility in Villeneuve-la-Garenne utilizing the same cloud technology used in Germany. ReFarmers, a business that specializes in growing medicinal plants in Paris using indoor and urban farming techniques, is another one worth mentioning.
Advancing technology in indoor farming may surge market growth.
Advancing technology and new farming techniques are transforming the indoor agriculture sector, from satellites and drones to IoT and AI. The market for smart farming has been expanding consistently over the past few years, and it is anticipated that it will accelerate in the years to come.
Another well-liked farming alternative that lessens dependency on the elements, skilled labor, fertile soil, and water use is indoor farming. It reduces the possibility of adverse impacts from disease or pests and enables a more dependable and constant harvest throughout the year. The appeal of indoor farming in big cities is mostly due to the capacity to utilize indoor space and lessen the demand for extra land and construction activity.
?Hydroponics dominates the market and may upsurge the market expansion
The most popular growth method is hydroponics because it doesn't require soil and is protected from pests, insects, and other plant illnesses. On the other hand, it is anticipated that the aeroponics growth mechanism, which does not require containers for growing and replaces water with mist, will be utilized more frequently in the coming years. The plant is secured to a support, and nutrient solutions are sprayed on the roots. Aeroponics also uses less water, less soil, and less area.
Market Key Developments
- In November 2022, The smart urban farm's developer Champerché is still expanding. The start-up will now raise 85 million euros (88.34 million USD) to open its next five farms in the Paris region, with a surface area ranging from 3,000 to 10,000m2. This follows the first fundraiser raising 3.5 million euros [3.64 million USD] for its urban farm of 1,300 m2 in Sartrouville (Yvelines).
- In March 2021, Jungle, a French indoor farming firm, secured €42 million in new capital. The funds will be used to build three vertical farms in France where they will grow microgreens, herbs, salads, and flowers for perfumery. Products from their first farm are already available for purchase at Monoprix.
France Indoor Farming Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Growing System, Component, Facility Type, And Crop Type |
Companies Covered | Champerché, Agricool, Ynsect, Sencrop, Jungle France, Babylone Growers |
Customization Scope | Free report customization with purchase |
Segmentation:
- By Growing System
- Hydroponics
- Aeroponics
- Aquaponics
- Soil-based
- Hybrid
- By Component
- Hardware
- Software
- Services
- By Facility Type
- Glass or Poly Greenhouse
- Indoor Vertical Farm
- Container Farm
- Indoor DWC System
- By Crop Type
- Fruits and Vegetables
- Herbs and Microgreens
- Flowers and Ornamentals
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. FRANCE INDOOR FARMING MARKET ANALYSIS, BY GROWING SYSTEM
5.1. Introduction
5.2. Hydroponics
5.3. Aeroponics
5.4. Aquaponics
5.5. Soil-based
5.6. Hybrid
6. FRANCE INDOOR FARMING MARKET ANALYSIS, BY COMPONENT
6.1. Introduction
6.2. Hardware
6.3. Software
6.4. Services
7. FRANCE INDOOR FARMING MARKET ANALYSIS, BY FACILITY TYPE
7.1. Introduction
7.2. Glass or Poly Greenhouse
7.3. Indoor Vertical Farm
7.4. Container Farm
7.5. Indoor DWC System
8. FRANCE INDOOR FARMING MARKET ANALYSIS, BY CROP TYPE
8.1. Introduction
8.2. Fruits and Vegetables
8.3. Herbs and Microgreens
8.4. Flowers and Ornamentals
8.5. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Champerché
10.2. Agricool
10.3. Ynsect
10.4. Sencrop
10.5. Jungle France
10.6. Babylone Growers
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