PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1881397
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1881397
Global Vertical Farming Market Size Study & Forecast, by Component (Hardware, Software, Services), Growing Mechanism (Aeroponics, Hydroponics, Aquaponics), Crop Category, Structure and Regional Forecasts 2025-2035
The Global Vertical Farming Market is valued at approximately USD 8.15 billion in 2024 and is anticipated to accelerate at a striking CAGR of 22.60% throughout 2025-2035. Vertical farming-long considered a futuristic solution-is now evolving into a critical agricultural system that elevates food production by bringing controlled-environment farming closer to urban demand centers. This method relies on stacked layers, integrated automation, LED-based lighting, and precision nutrient management to yield more produce in significantly less space. As climate disruptions continue to destabilize traditional farming, the industry finds itself propelled forward by expanding food security initiatives, rising urbanization, and an escalating urgency to minimize water usage and arable land dependency.
The global market has been picking up momentum as nations attempt to counteract unpredictable weather patterns and shrinking farmland. Vertical farms, known for their ability to produce year-round harvests with up to 95% less water, have been gaining substantial traction among investors and policymakers. At the same time, grocery retailers, food distributors, and restaurant chains are increasingly partnering with vertical farming operators to secure reliable supply chains-an effort that has become essential following pandemic-era disruptions. As the world's population moves toward an estimated 9.7 billion by 2050, the pressure to scale high-efficiency, low-resource agriculture is intensifying, encouraging countries to adopt resilient solutions such as aeroponics and hydroponics to keep up with food demand.
The detailed segments and sub-segments included in the report are:
By Component:
- Hardware
- Software
- Services
By Growing Mechanism:
- Aeroponics
- Hydroponics
- Aquaponics
By Crop Category:
- (Full list of crop categories covered in the report)
By Structure:
- (All structure types covered in the report)
By Region:
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Latin America
- Brazil
- Mexico
Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Hardware continues to dominate the market, accounting for the largest revenue share across the entire ecosystem. As vertical farming systems hinge on sophisticated installations-LED grow lights, climate controllers, sensors, irrigation systems, vertical racks, automation units, and robotics-the hardware segment has carved out a commanding lead. Operators increasingly invest in high-efficiency components to drive down operational costs and enhance yield predictability. Meanwhile, software is emerging as the fastest-growing component, propelled by AI-driven farm management platforms that help streamline nutrient delivery, predict crop cycles, and automate real-time adjustments. Services, though integral, remain a supporting category as farms gradually onboard integrated hardware-software solutions.
Hydroponics currently stands as the revenue-leading growing mechanism, maintaining its foothold due to its relative simplicity, scalability, and proven productivity. Its nutrient-rich water systems enable growers to achieve consistent, high-volume yields without relying on soil. However, aeroponics is projected to be the fastest-expanding mechanism thanks to its unmatched water-saving properties, superior oxygenation, and ability to boost yields even further-making it highly attractive to advanced vertical farm operators navigating rising environmental and cost pressures. Aquaponics holds a niche but promising space, gaining attention for its potential to integrate sustainable fish farming with crop cultivation.
Across regions, North America dominated the market in 2025, supported by a mature ecosystem of ag-tech innovators, strong investor interest, and rising consumer preference for pesticide-free, locally grown produce. Major U.S. cities have witnessed a surge in large-scale vertical farming installations, often established inside repurposed warehouses to reduce supply chain friction. Europe also shows substantial adoption driven by sustainability commitments, strict agricultural standards, and a shift toward reducing food miles. Meanwhile, Asia Pacific is expected to emerge as the fastest-growing region through 2035, powered by population expansion, rapid urban development, limited arable land availability, and aggressive government investments in next-generation food production technologies. Countries like Japan, Singapore, China, and South Korea are particularly instrumental in accelerating regional momentum.
Major market players included in this report are:
- AeroFarms
- Plenty Unlimited Inc.
- Bowery Farming
- Infarm
- Agricool
- Illumitex
- Signify Holding
- Osram Licht AG
- Everlight Electronics Co. Ltd.
- Heliospectra AB
- BrightFarms
- Freight Farms
- Sky Greens
- Urban Crop Solutions
- Kalera
Global Vertical Farming Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast Period - 2025-2035
- Report Coverage - Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments and countries in recent years and to forecast their values for the coming decade. The report seamlessly combines qualitative and quantitative insights across each participating country, offering clarity on the driving forces and challenges that will shape the industry's future trajectory. Furthermore, it highlights investment-worthy micro-markets, maps competitive dynamics, and evaluates the product portfolios of key industry players. The detailed segmentation and sub-segmentation of the market are thoroughly outlined above.
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level insights across major regions.
- Competitive landscape with information on leading companies in the market.
- Evaluation of key business strategies and recommendations for future market approaches.
- Thorough analysis of the market's competitive structure.
- Both demand-side and supply-side dynamics of the industry.
Table of Contents
Chapter 1. Global Vertical Farming Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Vertical Farming Market Forces Analysis
- 3.1. Market Forces Shaping The Global Vertical Farming Market (2024-2035)
- 3.2. Drivers
- 3.2.1. Surging climate disruptions
- 3.2.2. escalating urgency to minimize water usage and arable land
- 3.3. Restraints
- 3.3.1. Uncertainties of nature
- 3.4. Opportunities
- 3.4.1. Growing population
Chapter 4. Global Vertical Farming Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Vertical Farming Market Size & Forecasts by Component 2025-2035
- 5.1. Market Overview
- 5.2. Global Vertical Farming Market Performance - Potential Analysis (2025)
- 5.3. Hardware
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Software
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
- 5.5. Services
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Vertical Farming Market Size & Forecasts by Growing Mechanism 2025-2035
- 6.1. Market Overview
- 6.2. Global Vertical Farming Market Performance - Potential Analysis (2025)
- 6.3. Aeroponics
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Hydroponics
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
- 6.5. Aquaponics
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Vertical Farming Market Size & Forecasts by Crop Category 2025-2035
- 7.1. Market Overview
- 7.2. Global Vertical Farming Market Performance - Potential Analysis (2025)
- 7.3. Sub Segments
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Vertical Farming Market Size & Forecasts by Structure 2025-2035
- 8.1. Market Overview
- 8.2. Global Vertical Farming Market Performance - Potential Analysis (2025)
- 8.3. Sub segments
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
Chapter 9. Global Vertical Farming Market Size & Forecasts by Region 2025-2035
- 9.1. Growth Vertical Farming Market, Regional Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America Vertical Farming Market
- 9.3.1. U.S. Vertical Farming Market
- 9.3.1.1. Component breakdown size & forecasts, 2025-2035
- 9.3.1.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.3.1.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.3.1.4. Structure breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Vertical Farming Market
- 9.3.2.1. Component breakdown size & forecasts, 2025-2035
- 9.3.2.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.3.2.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.3.2.4. Structure breakdown size & forecasts, 2025-2035
- 9.3.1. U.S. Vertical Farming Market
- 9.4. Europe Vertical Farming Market
- 9.4.1. UK Vertical Farming Market
- 9.4.1.1. Component breakdown size & forecasts, 2025-2035
- 9.4.1.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.1.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.1.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Vertical Farming Market
- 9.4.2.1. Component breakdown size & forecasts, 2025-2035
- 9.4.2.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.2.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.2.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.3. France Vertical Farming Market
- 9.4.3.1. Component breakdown size & forecasts, 2025-2035
- 9.4.3.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.3.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.3.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Vertical Farming Market
- 9.4.4.1. Component breakdown size & forecasts, 2025-2035
- 9.4.4.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.4.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.4.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Vertical Farming Market
- 9.4.5.1. Component breakdown size & forecasts, 2025-2035
- 9.4.5.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.5.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.5.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Vertical Farming Market
- 9.4.6.1. Component breakdown size & forecasts, 2025-2035
- 9.4.6.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.4.6.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.4.6.4. Structure breakdown size & forecasts, 2025-2035
- 9.4.1. UK Vertical Farming Market
- 9.5. Asia Pacific Vertical Farming Market
- 9.5.1. China Vertical Farming Market
- 9.5.1.1. Component breakdown size & forecasts, 2025-2035
- 9.5.1.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.1.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.1.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.2. India Vertical Farming Market
- 9.5.2.1. Component breakdown size & forecasts, 2025-2035
- 9.5.2.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.2.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.2.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Vertical Farming Market
- 9.5.3.1. Component breakdown size & forecasts, 2025-2035
- 9.5.3.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.3.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.3.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Vertical Farming Market
- 9.5.4.1. Component breakdown size & forecasts, 2025-2035
- 9.5.4.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.4.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.4.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Vertical Farming Market
- 9.5.5.1. Component breakdown size & forecasts, 2025-2035
- 9.5.5.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.5.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.5.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Vertical Farming Market
- 9.5.6.1. Component breakdown size & forecasts, 2025-2035
- 9.5.6.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.5.6.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.5.6.4. Structure breakdown size & forecasts, 2025-2035
- 9.5.1. China Vertical Farming Market
- 9.6. Latin America Vertical Farming Market
- 9.6.1. Brazil Vertical Farming Market
- 9.6.1.1. Component breakdown size & forecasts, 2025-2035
- 9.6.1.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.6.1.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.6.1.4. Structure breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Vertical Farming Market
- 9.6.2.1. Component breakdown size & forecasts, 2025-2035
- 9.6.2.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.6.2.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.6.2.4. Structure breakdown size & forecasts, 2025-2035
- 9.6.1. Brazil Vertical Farming Market
- 9.7. Middle East and Africa Vertical Farming Market
- 9.7.1. UAE Vertical Farming Market
- 9.7.1.1. Component breakdown size & forecasts, 2025-2035
- 9.7.1.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.7.1.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.7.1.4. Structure breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Vertical Farming Market
- 9.7.2.1. Component breakdown size & forecasts, 2025-2035
- 9.7.2.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.7.2.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.7.2.4. Structure breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Vertical Farming Market
- 9.7.3.1. Component breakdown size & forecasts, 2025-2035
- 9.7.3.2. Growing Mechanism breakdown size & forecasts, 2025-2035
- 9.7.3.3. Crop Category breakdown size & forecasts, 2025-2035
- 9.7.3.4. Structure breakdown size & forecasts, 2025-2035
- 9.7.1. UAE Vertical Farming Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. AeroFarms
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Plenty Unlimited Inc.
- 10.4. Bowery Farming
- 10.5. Infarm
- 10.6. Agricool
- 10.7. Illumitex
- 10.8. Signify Holding
- 10.9. Osram Licht AG
- 10.10. Everlight Electronics Co. Ltd.
- 10.11. Heliospectra AB
- 10.12. BrightFarms
- 10.13. Freight Farms
- 10.14. Sky Greens
- 10.15. Urban Crop Solutions
- 10.16. Kalera
