Spain Indoor Farming Market Research Report, 2027

Spain Indoor Farming Market Research Report, 2027

Actual Market Research 06-08-2022 55 Pages Figures : 8 Tables : 15 Region : Europe Country : Spain Category : Food & Beverages Agriculture

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Globally, severe consequences of soil degradation include landslides and floods, an increase in pollutants, desertification, and a decrease in food supply. The loss of soil productivity brought on by land degradation is one of the major challenges to our future food security. Another problem is the increasing human population. Increased resource extraction from the environment is one way that human population increase affects the Earth's system. Fossil fuels (oil, gas, and coal), minerals, plants, water, and animals, particularly in the oceans, are some of these resources. Unchecked urbanization brought about by rapid expansion has resulted in overpopulation, poverty, crime, pollution, and political unrest. Increases in food production have lagged behind rapid expansion, and population pressure has resulted in the misuse and loss of arable land. Natural disasters, including cyclones, floods, and severe droughts, may readily harm crops. Moving those plants indoors will considerably reduce unintended repercussions because global warming has made that situation worse. Additionally, farmers will have a high degree of harvest predictability all year round. Indoor farming can be beneficial to the environment because it drastically decreases the quantity of fossil fuels needed for agricultural machinery that is not needed to plant, fertilize, weed, or harvest crops. Spain is adopting indoor farming really quickly. In particular, vertical indoor farming, greenhouse indoor farming, and indoor farming in general are growing rapidly in the Spanish market. According to the Actual Market Research’s report titled “Spain Indoor Farming Market Research Report, 2027” the indoor farming market of Spain is expected to grow with the around CAGR of 14% from the year 2022 to 2027. Growing food in a controlled, enclosed environment as it is piled one on top of the other is known as indoor vertical farming. In comparison to conventional farming techniques, employing growing shelves that are installed vertically greatly minimizes the quantity of area needed to cultivate plants. Because it can flourish in a small area, this sort of growth is frequently linked to urban farming. Vertical indoor farming is one of the fastest indoor farming methods in Spain, and this technology has the ability to reach nearly 170 million dollar in the forecast period. The greenhouse and the other technologies are also performing well in the Spanish market for indoor farming. In small urban agricultural areas, indoor farms are popular since they require much less land than conventional farming techniques using different mechanisms like Hydroponics, Aeroponics, Aquaponics, Soil-based and Hybrids. Produce can be delivered to consumers faster and with less travel because the buildings are simple to erect close to densely populated areas. With a shorter supply chain and distribution network, food is delivered to consumers' tables faster and fresher while simultaneously leaving a lower carbon imprint. Hydroponics is one of the most widely used mechanisms for indoor farming in Spain. This mechanism is growing in the Spanish indoor farming market with nearly 18% of the CAGR and having the highest market share in indoor farming in Spain. Orange and mandarin production in Spain's Mediterranean coastal areas is legendary. Other plentiful harvests include grapefruit, lemons, and limes. Apples, pears, peaches, figs, apricots, cherries, and nuts may all be found in Spain's orchards. On the mainland of Spain, Galicia, the Basque Country, and La Rioja are the areas that are most well-known for their potatoes. The country as a whole produces more than 150 different types, and each region has a particular area of competence. For instance, we prefer to get our potatoes from the Cantabrian region of Valderredible. Grain cultivation with indoor farming is now expensive and will probably always be. The operation of a 1-ha, 10-layer indoor wheat plant is unlikely to be cost-recovering under typical market circumstances, despite the extremely high prospective yields. In indoor farming, grain cultivation is 600 times higher than in traditional farming. COVID-19 impacts: Spain had been deeply concerned about the COVID-19 epidemic, which threatened the availability of agricultural labor and complicated global supply lines. But the crisis presented a chance for advocates of indoor farming. The COVID-19 outbreak sparked a surge in interest in "vertical farms," which allow crops to be produced year-round with little labor input by individually watering, feeding, and lighting batches of them with LED lights. People are concentrating on healthy lives and more sustainable plant-based diets as a result of the COVID-19 epidemic. As a result, the COVID-19 epidemic was advantageous for the market for crops grown vertically. In 2020, the COVID-19 pandemic outbreak had a negative effect on the indoor farming sector in Spain. The main obstacles impeding market expansion during the pandemic were the downturn in the economy, the interruption of the supply chain, and the drop in consumer demand. The epidemic, however, has altered consumer eating patterns and raised the need for seasonal, regional, and organic goods. The consumer perception of food has changed, and after the COVID-19 epidemic, there will likely be a greater demand for fresh food among customers, which will increase the need for indoor farming. Considered in this report • Geography: Spain • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Spain indoor Farming Market with its value and forecast along with its segments • Application wise indoor farming distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Based on Growth Mechanism: • Hydroponics • Aeroponics • Aquaponics • Soil-based • Hybrid Based on Facilities type • Vertical indoor farming • Greenhouse indoor farming • Other indoor farming Based on Crop types: • Fruits and vegetable • Flower and ornamentals • Other crop The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to agricultural industry, food & beverage industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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