Germany Indoor Farming Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Growing System (Hydroponics, Aeroponics, Aquaponics, Others), By Component (Hardware, Software And Services), By Facility Type (Greenhouse,Indoor Vertical Farm, Container Farm, Others), And By Crop Type (Greenhouse, Indoor Vertical Farm, Container Farm, Others) - Forecasts From 2023 To 2028

  • Published : Feb 2023
  • Report Code : KSI061614316
  • Pages : 120

Indoor farming is a method that revolves around the practice of farming that is performed inside a confined building or structure, with a focus on producing the most with the fewest resources possible. It consumes less water than outdoor growing and does not require huge machineries like tractors or combines. Instead, it uses other kinds of technology to grow food indoors, such as monitors and computers. The main advantage of indoor farming is the capacity to enhance the development procedure for higher harvests. All of the risks associated with growing outside, like droughts, storms, and pest infestations, are eliminated. Instead, growers have complete control over everything, down to the quantity of daylight crops receive every minute.

In Germany, indoor farming has become increasingly popular in recent years due to the rising population and the numerous benefits offered by indoor farming. Given the scarcity of land parcels of any size for farming and growing, indoor farming is particularly popular in large cities. Additionally, it produces more food per acre of land than traditional farming, generating noticeably higher yields than conventional agriculture.

The launch of cutting-edge greenhouses coupled with growing population in the country have propelled the growth of the Germany indoor farming market.

There are various indoor farming methods that are popular in Germany, including indoor greenhouses, vertical farming, and other plant-growing techniques. Numerous contemporary greenhouses with cutting-edge technology have been invented by German companies. The nation's market for indoor farming has also been considerably impacted by the nation's growing population. According to data from Statistisches Bundesamt (the German Federal Statistical Office), Germany saw an increase of 5% from 2011 to 2022, with the population rising from 80.3 million in 2011 to 84.3 million in 2022. The significant agriculture industry in Germany has also had a considerable impact on the German indoor farming market. German farmers harvested 42 tons of cereals in 2021, and the production of winter wheat, the principal grain farmed in Germany, reached 21.1 million tons in that year, according to reports from Statistisches Bundesamt.

Further, in September 2022, VertiFarm, a vertical farming company in Germany, held a trade show to feature an international line-up of exhibitors plus a highly informative supporting program. It was intended to operate as a global knowledge program for innovative food systems and vertical farming, providing strategies for tackling concerns including supply security, crop failures, food supplements, energy efficiency, and urban sustainability.

Key developments.

  • In December 2021, German vertical farming startup Infarm reported that it had acquired US$200 million from investors to assist them in expanding its market share and product line, giving it a US$1 billion valuation. The Berlin-based business employs cloud computing to manage the production of produce grown near consumers, minimizing its environmental impact. It concentrates on the indoor cultivation of plants and garden vegetables. The company claims that its automated, 25-square-meter modules used in its growing centers can produce a harvest that would typically need up to 10,000 square meters of soil-based farms while using 95% less water, 90% less transportation, and zero chemical pesticides. Infarm intended to use the infusion of funds to increase its presence throughout the 11 nations, including Germany.
  • In January 2023, a German start-up vGreens, which specializes in vertical farming, formally closed its first pre-seed investment round. With the help of its new investors, vGreens intended to extend the concept of data-driven, widely accessible food production. The start-up claims that although the concept of vertical farming is not new, it is still a long way from being a nationally and commercially viable agricultural option. Their objective is to minimize waste by integrating vertical farms into current infrastructures to obtain substantial traction and only produce what is necessary.

Vertical farming is the most popular type of indoor farming in Germany and other parts of Europe.

Vertical farming is a radical concept in industrial agriculture with indoor agriculture, urban farming, and regulated food production environments in consideration. Production factors including temperature, lighting, fertilizers, irrigation, and air circulation are constantly monitored and modified in vertical farming. Despite the nation's exceptionally low skyscraper density, vertical farming systems have been installed in a couple of building in cities like Frankfurt. Additionally, key vertical farming institutes’ efforts to promote vertical farming have also benefited the German indoor farming market.

Germany 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 Infarm, Neofarms GmbH, Agrilution, Organifarms, Signify Holding, CONVIRON EUROPE LTD., Netafim, BEL BioenergieLand GmbH (BEL), Vertical Farm Tech GmbH, Roko Farming
 Customization Scope  Free report customization with purchase

 

Market Segments

  • By Growing System
    • Hydroponics
    • Aeroponics
    • Aquaponics
    • Others
  • By Component
    • Hardware
    • Software and Services
  • By Facility Type
    • Greenhouse
    • Indoor Vertical Farm
    • Container Farm
    • Others
  • By Crop Type
    • Greenhouse
    • Indoor Vertical Farm
    • Container Farm
    • 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. GERMANY INDOOR FARMING MARKET, BY GROWING SYSTEM 

5.1. Introduction

5.2. Hydroponics

5.3. Aeroponics

5.4. Aquaponics

5.5. Others

 

6. GERMANY INDOOR FARMING MARKET, BY COMPONENT

6.1. Introduction

6.2. Hardware

6.3. Software and Services

 

7. GERMANY INDOOR FARMING MARKET, BY FACILITY TYPE

7.1. Introduction

7.2. Greenhouse

7.3. Indoor Vertical Farm

7.4. Container Farm

7.5. Others

 

8. GERMANY INDOOR FARMING MARKET, BY CROP TYPE

8.1. Introduction

8.2. Greenhouse

8.3. Indoor Vertical Farm

8.4. Container Farm

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, Acquisition, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. COMPANY PROFILES

10.1. Infarm

10.2. Neofarms GmbH

10.3. Agrilution

10.4. Organifarms

10.5. Signify Holding 

10.6. CONVIRON EUROPE LTD.

10.7. Netafim 

10.8. BEL BioenergieLand GmbH (BEL)

10.9. Vertical Farm Tech GmbH

10.10. Roko Farming


Infarm

Neofarms GmbH

Agrilution

Organifarms

Signify Holding

CONVIRON EUROPE LTD.

Netafim

BEL BioenergieLand GmbH (BEL)

Vertical Farm Tech GmbH

Roko Farming