Israel 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 : KSI061614448
- Pages : 85
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. Aquaponics and hydroponics are used in indoor farming, and artificial lighting is used to provide plants with the nutrients and light levels they need. 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.
However, when the climate changes, it exacerbates already-existing environmental problems like groundwater depletion and soil erosion, which affect the food and agricultural production systems. Governments fund the development of indoor farms as well as other initiatives to address this problem, which is expected to accelerate the market's growth.
Using a true soil-based growing platform embedded in a container, an Israeli ag-tech startup has created a proprietary geophonic vertical farming solution that offers all the advantages of soil-based crops to a closed environment system while growing crops vertically. The farm is set up either in a "40" or "20" container and is placed as close to the consumer as possible (e.g., in a parking lot of a supermarket, on the roof of a restaurant, in the backyard of a hotel, etc.). It grows more than a hundred different types of crops in remote locations under the supervision of an advanced IoT system and offers fresh produce every day of the year.
The farm has a year-round growing season to satisfy consumer demand for products that would otherwise be in short supply, significantly higher yields per square foot, complete control over growing conditions, which reduces the need for a skilled worker, healthier and safer produce, a smaller environmental impact, and the potential for sustainability in urban areas.
The "soil-in-crop-out" mechanism used by the innovative growth platform makes the entire sowing and harvesting procedure simple to operate and eliminates the need for trained operators. It is well known that crops have more vitamins and are more nutrient-dense when they are harvested and consumed more quickly. Meaning that by reducing the amount of time between the actual harvest and the point at which the consumer picked it up at the shop, the consumer receives a crop that is healthier and contains more vitamins.
Hydroponics dominates the market due to technological advances and may upsurge the market expansion
Due to technological developments taking place in the area of alternative farming techniques, the Israel Hydroponics Market is anticipated to have a considerable increase in the years to come. Adoption of agriculture 4.0 solutions, IoT, AI, and automation, among others, in alternative farming practices is expected to create lucrative opportunities for the growth of the hydroponics market in the country.
Food security is a growing concern, which is driving up demand for innovative agriculture techniques like hydroponics. This is attributed to growing urbanization, water scarcity, and population growth. Israel is home to more than two million people, many of whom struggle daily with hunger and food insecurity. Food availability is being challenged by rapid urban and industrialization, which is boosting the market's expansion.
Market Key Developments
- In January 2023, With the help of ground-breaking technology created by an Israeli business Saffron Tech., saffron bulbs can now be grown in vertical farms with four rather than one harvest every year. This startup is about to completely alter the way saffron is cultivated, which will drastically alter the saffron market.
- In March 2022, Future Crops, an Israeli-Dutch company, created enhanced vertical farming using cutting-edge technology and a special substrate that resembles dirt to better mimic the natural environment. The cutting-edge farm produces high-quality, fresh, ultra-sustainable crops at affordable prices.
Israel 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 | Green Fields, Fluence’s, REMY, Vertical Field, Evogene |
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 Indoor 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. ISRAEL 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. ISRAEL INDOOR FARMING MARKET ANALYSIS, BY COMPONENT
6.1. Introduction
6.2. Hardware
6.3. Software
6.4. Services
7. ISRAEL INDOOR FARMING MARKET ANALYSIS, BY FACILITY TYPE
7.1. Introduction
7.2. Glass or Poly Greenhouse
7.3. Indoor Indoor Farm
7.4. Container Farm
7.5. Indoor DWC System
8. ISRAEL 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. Green Fields
10.2. Fluence
10.3. REMY
10.4. Vertical Field
10.5. Evogene
Related Reports
Report Name | Published Month | Get Sample PDF |
---|---|---|
Europe Indoor Farming Market Size: Industry Report, 2023 – 2028 | Jul 2023 | |
Middle East And Africa Indoor Farming Market Size: 2023-2028 | Feb 2023 | |
North America Indoor Farming Market Size: Report, 2024 - 2029 | May 2024 | |
Saudi Arabia Indoor Farming Market Size: Report, 2023 - 2028 | Oct 2023 | |
UAE Indoor Farming Market Size: Industry Report, 2023 – 2028 | Mar 2023 |