The Plant Factory Market is estimated at USD 138 million in 2023 and is projected to reach USD 196 million by 2028, at a CAGR of 7.3% from 2023 to 2028 according to a report published by MarketsandMarkets™. As more people move to cities, there is a growing demand for locally grown produce. Plant factories can be in urban areas, reducing transportation costs and providing fresh produce to consumers in the same city or region. Many governments around the world are supporting plant factory production through funding, subsidies, and regulations that promote sustainable agriculture. This support is helping to drive growth in the plant factory market.