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Vertical Farming Market (By Component: Hardware, Software, Services; By Structure: Building-based, Container-based; By Growth mechanism: Hydroponics, Aeroponics, Aquaponics; By Crop Category: Fruits Vegetables, & Herbs, Flowers & Ornamentals, Others (Cannabis, Microgreens)) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis And Forecast 2025 To 2034

Vertical Farming Market Size and Growth 2025 to 2034

The global vertical farming market size was valued at USD 6.38 billion in 2024 and is estimated to reach around USD 51.82 billion by 2034, growing at a compound annual growth rate (CAGR) of 23.30% during the forecast period 2025 to 2034. This is due to an increased demand for fresh produce, grown locally; technology development in the farm sector; less available arable land; scarce water supply; and more and more necessity to carry out farming practices in an eco-friendly way. Due to this reason, the market of vertical farming is rising. People prefer vertical farming because it uses less space to optimize resource utilizations and provides the ability to grow crops across the year under urbanized environment conditions. Support for further extension in the market is seen growing interest in food security, aligned with innovations by automation and AI-driven farming systems, as well as looking out for environmental sustainability.

Vertical Farming Market Size 2025 to 2034

Vertical farming is a way of agricultural growing where crops are grown in vertical layers or stacked systems, and it can take place in a controlled indoor setting. It utilizes vertically integrated space such as a high-rise building, a warehouse, or shipping containers in order to optimize the use of urban space. The latest innovation utilizes technologies such as hydroponics, aeroponics, and aquaponics, which require far less soil and water, unlike traditional farming. This method is designed to enhance food production in high-populated regions, decrease the overall impact on the environment, and increase food production sustainability.

Vertical Farming Market Report Highlights

  • The U.S. vertical farming market size was valued at USD 1.84 billion in 2024 and is forecasted to grow around USD 14.94 billion by 2034.
  • The North America accounted for revenue share of 41.20% in 2024.
  • The Europe has captured revenue share of 29.60% in 2024.
  • By component, the hardware segment accounted for the largest market share in 2024.
  • By structure, the container-based segment has generated revenue share of 53.10% in 2024.
  • By growth mechanism, the hydroponics segment has held revenue share of 43.20% in 2024.
  • By crop category, the fruits vegetables, & herbs segment has garnered the largest market share in 2024.

Vertical Farming Market Growth Factors

  • Urbanization and Population Growth: Global urbanization is happening at a rapid rate, and in this situation, there is a growing necessity for effective and localized food production systems. In this respect, vertical farming is an excellent answer because food can be produced within the city limits, depending on gigantic landholdings of agricultural lands. Population growth enhances the demand for fresh, localized food, which ensures that vertical farming becomes a vital component of urban agriculture. Fresh food is available in the city without long transportation times as vertical farms can be installed in unused buildings, rooftops, and warehouses.
  • Fresh and Organic Produce: Consumers are now health-conscious, and there is a high demand for fresh, organic, and pesticide-free food. Controlled environments involved in vertical farming ensure that the produced crops are completely free from harmful chemicals. Furthermore, it offers annual yields of leafy greens, herbs, and microgreens with a secure and constant provision of fresh food. With a growing population shifting towards healthier eating habits and clean sources of nutrition, vertical farming is perfectly placed to meet the present surge for high-quality, organic, organic produce.
  • Environmental Sustainability: Traditional methods of farming consume much water, space, and power. Vertical farming offers a more sustainable alternative, using less water (through recirculation), smaller land footprints, and controlled environments that optimize energy use. By reducing the need for pesticides and fertilizers, vertical farming helps reduce the environmental impact of agriculture. This can also be sited in an urban setting, hence cutting on the cost of transportation and carbon emissions to the environment, hence adding up to the general environmental sustainability, or even fighting against climate change.
  • Integration of Artificial Intelligence: There is a higher usage of Artificial Intelligence in the process of crop production in vertical farming. Through Artificial Intelligence, it would control and monitor temperature, humidity, and light inside a vertical farm. Furthermore, it will give predictive analytics so that farms would know how to predict crop yield and optimize resources. It raises the operational efficiency because of lower labor cost and accuracy in practice with farming in use of AI automation. The pattern of utilizing AI to support vertical farming helps achieve greater yield with minimal cost for operating and also excellent management for overall farm productivity.
  • Hydroponic and Aeroponic Systems: Hydroponic, or raising crops in nutrient-dense water, along with aeroponic, or growing plants in the air/mist without using any soil, is some of the most crucial trends with regards to vertical farming. Techniques used in soilless cultivation reduce more efficient utilization of available space, water, and nutrients. Hydroponics and aeroponics especially are best in vertical farming as they allow crops to be planted layer by layer, not taking square footage, therefore yielding more. Additionally, water usage is reduced in this system; thus, it's not as unsustainable as traditional agriculture if water is a limited resource.
  • Automation and Robotics: The dominating trend in vertical farming is automation, and the majority of the practices involved incorporate robotics during the seeding, planting, harvesting, and packaging. Systems reduce labor cost, increase accuracy, and permit farms to upscale with fewer human resources. Robotics helps improve the operating efficiency by promoting consistency and diminishing human errors. Robotics and automation in vertical farming overcome the labor shortage problem and streamline workflows to achieve increased productivity and profitability.

Report Scope

Area of Focus Details
Market Size in 2025 USD 7.87 Billion
Expected Market Size in 2034 USD 51.82 Billion
Projected CAGR 2025 to 2034 23.30%
High-impact Region North America
Hot Growth Market Asia-Pacific
Key Segments Component, Structure, Growth Mechanism, Crop Category, Region
Key Companies ams-OSRAM AG, Signify Holding, Heliospectra, EVERLIGHT ELECTRONICS CO., LTD., Urban Crop Solutions, AeroFarms, Freight Farms, Inc, Plenty Unlimited Inc., VertiVegies, Sky Greens, iFarm

Vertical Farming Market Dynamics

Market Drivers

  • Benefits of Vertical Farming Compared to Traditional Farming: Vertical farming has several benefits over traditional farming that are boosting its value in the market. One of the advantages of vertical farming is space efficiency—it uses layers and can provide highly dense crops, which may even be found in urban cities in smaller plots, reducing the large arable plots required in areas. Vertical farming also saves much water compared to traditional methods; it normally applies hydroponics or aeroponics in which water is recycled several times compared to soil. These systems also use less pesticide, thus reducing the impacts on the environment. Because these systems permit crop production year-round in controlled environments, vertical farming eliminates weather-related disruptions, thus ensuring consistent yields. This makes it a sustainable, resource-efficient alternative to conventional farming, especially in areas with harsh climates or limited arable land.
  • Advancement in LED Technology: Improvements in LED technology are very prominently driving the vertical farming market forward by improving the efficiency of energy consumption and increasing crop productivity. LEDs are applied in vertical farming for artificial illumination of plants in an indoor location where the sunlight is minimal. Improvements over the years on this type of LED have maintained efficiency while increasing customization, allowing farmers to fine-tune the light spectrum used for various plant species to optimize photosynthesis for peak growth, yield, and crop quality. LEDs also produce much less heat compared to traditional lighting systems, hence requiring less or no additional cooling systems and reduced operational costs. Light intensity and spectrum can also be controlled at various stages of plant growth in precision farming for better efficiency of vertical farms. As far as energy consumption is concerned, which has become the main cost factor for vertical farming, such developments would make the practice economically viable and sustainable, thus increasing the adoption of the practice worldwide.
  • All-round-year crop production independent of weather: Crop production on an all-round-year basis independent of the weather has been one major catalyst for the vertical farming market. Unlike normal conventional farming, which still remains very dependent on seasonal changes and other factors like the weather, vertical farming allows crop production to remain constant in indoor-controlled environments throughout the year. Therefore, these crops can be produced regardless of temperature, rainfall, or even seasons, so fresh produce becomes available all-year-round. With the ability to optimize growing conditions such as temperature, humidity, and light, vertical farming can produce consistent yields, reducing risks of crop failure due to adverse weather. That in its own right could ensure food security and market stability, thus establishing vertical farming as a solution towards the ever increasing global demand of food.

Market Opportunities

  • Urbanization: The rise in population of the cities, in turn, indicates a need for more production locally. There is an opportunity to fulfill that need by developing unused urban areas like rooftops and warehouses as productive farming regions. Urban vertical farms can provide fresh produce directly to local markets and thus reduce transport costs and ensure food security. This also lends support to sustainability, as this reduces the carbon footprint related to the transportation of food and becomes a space-efficient activity in already congested cities.
  • Integrate sources of renewable energy like solar, wind, or geothermal energy: It may integrate sources of renewable energy like solar, wind, or geothermal energy so that their consumption of the traditional energy grids will be diminished. Utilizing renewable energy, vertical farming operations can reduce the costs by slicing through the energy expenses and then actually reduce its negative impact towards the environment. This also provides great potential for further increasing the sustainability and efficiency of vertical farming. Furthermore, inclusion of renewable energies could help more power outage-robust designs for vertical farms and lower operation costs in the long term.
  • Growing Demand for Organic Produce: With health concerns and eco-conscience consumers who want to go organic and environmentally friendly, this demand for such organic and sustainability-grown produces continues to climb. The demand is well met with vertical farming since it uses fewer chemicals and pesticides, thereby giving a cleaner organic product. With consumers demanding organic, non-GMO, and pesticide-free food, vertical farming offers a reliable and scalable solution to meet the demand. Companies that focus on organic production in vertical farms can tap into a growing market of health-conscious consumers and organic food enthusiasts.

Market Restraints

  • High setup cost: The high setup cost is one of the major restraints for the vertical farming market. It takes a lot of capital to set up a vertical farm as it requires specialized infrastructure, technology, and equipment. This includes advanced climate control systems, LED lighting, hydroponics or aeroponics systems, sensors, and automation tools, which are expensive. Moreover, the creation of appropriate structures, coupled with energy-efficient and sustainable measures, raises the initial investment costs. For the new entrants or smaller players, such high front-end investments are a barrier to entry, thus limiting the market growth. Though there are savings in the long run, many businesses find it hard to raise the capital for such a capital-intensive venture.
  • Technical complexity: Technical complexity is one of the significant restraints for the vertical farming market. It involves integration of various advanced technologies such as hydroponics, aeroponics, climate control, and automation systems. The need to balance factors like temperature, humidity, lighting, water, and nutrient levels in a highly controlled environment can be technically challenging. Maintaining these systems efficiently over time requires continuous monitoring and maintenance, which adds to operational complexity. The absence of qualified manpower to control these high-tech systems is also a barrier to the diffusion of vertical farming in many countries, especially those with a shortage of expertise in these technologies.

Market Challenges

  • Initial Investment: The greatest drawback of vertical farming is that it has a huge initial investment. Putting up a vertical farm demands special climate control systems, light setups, hydroponic or aeroponic systems. Capital-intensive requirement for vertical farming makes it relatively hard for new players or smaller operators to enter the game. Even though these long-term payoffs and economies of operation pay off the expenses, funding such capital-intensive operations at the initial levels is still not easy.
  • Energy Consumption: Huge amounts of energy are consumed in vertically farmed systems, mainly because of lighting, temperature control, and even humidity management. Even LED lights, which consume less energy, require some amount of energy. Energy expenses in certain places might account for an enormous chunk of operating expenditures. For those farms that consume much energy, energy sustainability and cost might become an issue. One of the major factors of carbon footprint in vertical farming is energy consumption. Thus, people are looking into integrating renewable sources of energy, such as solar and wind power, to help cut down these costs.
  • Technical Complexity: It requires knowledge on hydroponics, aeroponics, and CEA. These are also very technical systems because these systems demand regulating environmental factors that include light, temperature, humidity, CO2 levels, and nutrient delivery. Complex to manage those factors consistently as well as in an efficient way and requires highly skilled labor, as well as advanced technology. This area of expertise has a shortage of professionals, and thus, most of the would-be vertical farming businesses cannot run their operations effectively or scale up.

Vertical Farming Market Segmental Analysis

Component Analysis

Building Material: Building materials for vertical farming comprise of the actual physical framework which hosts the farm, including building frames and building material to construct the grow environment. Building materials used need to be hardy and long-lasting, supporting installations of systems that include irrigation, lighting, sensors, etc. These comprise metals like steel and glass besides sustainable composite. Suitable design of the building will enhance energy efficiency besides maximizing light exposure and temperature control to attain the best indoor conditions for plant growth.

Irrigation Component: The vertical farm will have to provide its crops with water and nutrients using the irrigation component.Generally, vertical farms use water-conserving irrigation techniques, such as drip irrigation, hydroponics, or aeroponics, to ensure that water is consumed at a lesser rate. With these systems, the distribution of water can be closely monitored, resulting in less wastage and sufficient hydration for plants. The efficacy of irrigation components is crucial to maintaining optimal growth conditions, particularly in urban or resource-scarce environments.

Lighting: The artificial light systems used in vertical farming for supporting plant photosynthesis in the indoor environment is known as lighting. Since the natural sunlight could be limited in building-based or container-based farms, high-quality LED lights are used. Such lights are set to mimic the sun and sometimes adjustable in terms of intensity and spectrum to enhance plant growth in different stages. Proper lighting systems enhance crop yield and energy efficiency and are, therefore a fundamental part of any vertical farming operation.

Sensor: Sensors are part of the monitoring and control of the environmental factors within vertical farms. These include sensors for temperature, humidity, light, pH levels, and CO2 concentration, all which affect plant growth. The data collected by sensors enables farmers to make real-time adjustments to climate control systems, irrigation, and nutrient delivery so that plants are growing under ideal conditions. The use of sensors in vertical farming systems increases productivity, minimizes resource consumption, and promotes sustainability.

Climate Control: The aim of vertical farming in climate control systems is to regulate temperature, humidity, air circulation, and CO2 levels to condition an optimal environment for growing plants. Such climate control is usually automated, as responses are based upon data yielded from environmental sensors. Climate control is one of the essential components of an indoor farming environment in which natural weather conditions are not available. An optimal climate control condition does not let plants get distressed by temperature extremes and gets enough airflow and right humidity, allowing for better harvests and also the use of resources.

Structure Analysis

Building-based Vertical Farms: This is a style of large scale farming set in existing or new buildings, more so in towns. These plants may use several stories or layers built within the building that use hydroponic, aeroponic, among other soil less production of crops.The infrastructure of the structure will provide climate control, lighting, and irrigation for the facility to allow year-round production. This kind of structure utilizes space in cities as much as possible and provides an efficient way of food production close to urban areas. It saves on transportation cost and reduces the environment footprint.

Vertical Farming Market Share, By Structure, 2024 (%)

Structure Revenue Share, 2024 (%)
Building-based 46.90%
Container-based 53.10%

Container-based vertical farms: The container-based segment has dominated the market in 2024. Container-based vertical farms comprise compact, mobile farming units which exist within shipping containers or modular structures. These container-based vertical farms could carry out crop cultivation in a controlled environment under a hydroponic or aeroponic system, artificial lighting, and climate control. They are portable, flexible, and can easily be placed anywhere in urban as well as rural areas. Another characteristic of the container-based farm is that such farms are really scalable and thereby on modular construction which is yet an innovative solution in small-scale and decentralized farming.

Growth Mechanism Analysis

Hydroponics: The hydroponics segment garnered the largest market share in 2024. Hydroponics is a farming method by which crops grow without soil but immersed in nutrient-rich water solutions. In the case of vertically stacked crops, hydroponics is generally applied when crops are cultured. This is a more efficient way of water saving than other usual farming, which also does not need soil to cultivate crops. Hydroponic systems can be built around certain plants, so the controlled environment allows for the delivery of just the nutrients needed for maximum growth so as to maximize yields.

Vertical Farming Market Share, By Growth Mechanism, 2024 (%)

Aeroponics: This is a technique for growing where roots of plants dangle in the air and are sprayed with a nutrient solution. This technique is highly water-conserving, and plant growth occurs much faster because the roots have a better supply of oxygen. Aeroponics is particularly suitable for vertical farming, in which space is limited and high production is anticipated. It also saves the soil from the risk of pests and diseases. This technology, therefore, offers a sustainable option to traditional farming practices.

Aquaponics: The aquaponics is anticipated to gain significant market share over the forecast period. Aquaponics is a hybrid farming method that combines aquaculture and hydroponics Fish and plants will be raised together in a symbiotic relationship. In vertical farming, the waste from the fish provides nutrients for plants. The same way, plants help in filtering and purifying the water of the fish. This closed-loop system is highly sustainable to reduce the usage of water as well as resources. Through the system of aquaponics, it is, therefore, allowed to grow the crops and at the same time, fish all in one piece. This suits perfectly for multi-item production in city farming.

Vertical Farming Market Regional Analysis

The vertical farming market is segmented into four key regions: North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). Each of these regions is discussed in detail below

What makes North America the leader in the vertical farming market?

The North America vertical farming market size was valued at USD 2.63 billion in 2024 and is projected to surpass around USD 21.35 billion by 2034. The North America is increasing at an incredible rate with technological innovation, the government support toward sustainable agriculture, and increased consumer demand for locally produced, organic produce. The U.S. and Canada are the major players, who have the largest number of vertical farming companies and a research institution that drive innovation. This is comprised of growing urbanization, and a keen interest in food security and sufficient access to venture capital and funding within the agriculture technology sectors.

North America Vertical Farming Market Size 2025 to 2034

Europe Vertical Farming Market Trends

The Europe vertical farming market size was estimated at USD 1.89 billion in 2024 and is expected to hit around USD 15.34 billion by 2034. Within a couple of years, this region has gained immense popularity for vertical farming, with the Netherlands at the forefront followed by the United Kingdom and then Germany. Sustaining aspects greatly impact through vertical farming in bringing down the carbon footprint. These drivers in Europe are essentially attached to the suitable regulatory framework; the added pressure with consumer needs will be for consumption of fresh as well as pest-free produce, which elevates consumption. Sustainable Food Systems, initiatives, and Urban Farming in Europe catalyze growth.

Why is the Asia-Pacific region driving faster growth in the vertical farming market?

The Asia-Pacific vertical farming market size was accounted for USD 1.56 billion in 2024 and is poised to grow around USD 12.70 billion by 2034. The Asia-Pacific region holds much promise for vertical farms since it is so populated, having a high urbanization rate and more demand in terms of food security. These countries include Japan, China, and India that focus more on vertical farming to bring more projects concerning arable land and water scarcity. In this region, further rural to urban areas migration and new agricultural technologies adaptation increase the tendency of vertical farming.

Vertical Farming Market Share, By Region, 2024 (%)

LAMEA Vertical Farming Market Trends

The LAMEA vertical farming market was valued at USD 0.30 billion in 2024 and is anticipated to reach around USD 2.44 billion by 2034. In LAMEA, interest in vertical farming intervention seems to be developing as a direct approach to issues of water scarcity, land degradation, and food insecurity. In this regard, the Middle East region is significantly investing in innovative agricultural technologies such as vertical farming. Africa and Latin America are promising regions as vertical farming offers an improvement in local food production and a way to have sustainable urban farming practices.

Vertical Farming Market Top Companies

CEO Statements

Arama Kukutai, CEO of Plenty

  • "At Plenty, we’ve already shifted gears to farm-level financing, but we will continue to invest in R&D to unlock new crops and better economics for our vertical platform."

David Rosenberg, CEO of AeroFarms

  • "Vertical farming’s controlled environment reduces the amount of land, water, energy – and the need for soil, fertilizers, and pesticides – required to grow food."

Alexander Olesen, CEO of Babylon Micro-Farms

  • "Our goal is to develop an ecosystem of accessible and affordable vertical farming products powered by the BabylonIQ remote management platform."

Recent Developments

  • In July 2023, AeroFarms expanded the retail availability of its premium microgreens to Walmart and Stop & Shop, marking a significant presence across the Mid-Atlantic and Northeast regions, respectively.
  • In May 2023, AeroFarms announced its national expansion through Amazon Fresh, both online and at all Amazon Fresh grocery store locations. Known for its cutting-edge, consumer-centric grocery store experience, this move highlights AeroFarms' growing footprint in the retail sector, furthering its commitment to providing fresh, sustainable produce to a broader customer base.

Market Segmentation

By Component

  • Hardware
    • Building Material
    • Irrigation Component
    • Lighting
    • Sensor
    • Climate Control
  • Software
  • Services
    • System Integration & Consulting
    • Managed Services
    • Assisted Professional Services

By Structure

  • Building-based
  • Container-based

By Growth mechanism

  • Hydroponics
  • Aeroponics
  • Aquaponics 

By Crop Category

  • Fruits Vegetables, & Herbs
    • Tomato
    • Lettuce
    • Bell & Chili Peppers
    • Strawberry
    • Cucumber
    • Leafy Greens (excluding lettuce)
    • Herbs
    • Others
  • Flowers & Ornamentals
    • Perennials
    • Annuals
    • Ornamentals
  • Others (Cannabis, Microgreens)

By Region

  • North America
  • APAC
  • Europe
  • LAMEA

Chapter 1. Market Introduction and Overview
1.1    Market Definition and Scope
1.1.1    Overview of Vertical Farming
1.1.2    Scope of the Study
1.1.3    Research Timeframe
1.2    Research Methodology and Approach
1.2.1    Methodology Overview
1.2.2    Data Sources and Validation
1.2.3    Key Assumptions and Limitations

Chapter 2. Executive Summary
2.1    Market Highlights and Snapshot
2.2    Key Insights by Segments
2.2.1    By Component Overview
2.2.2    By Structure Overview
2.2.3    By Growth Mechanism Overview
2.2.4    By Crop Category Overview
2.3    Competitive Overview

Chapter 3. Global Impact Analysis
3.1    Russia-Ukraine Conflict: Global Market Implications
3.2    Regulatory and Policy Changes Impacting Global Markets

Chapter 4. Market Dynamics and Trends
4.1    Market Dynamics
4.1.1    Market Drivers
4.1.1.1    Benefits of Vertical Farming Compared to Traditional Farming
4.1.1.2    Advancement in LED Technology
4.1.1.3    All-round-year crop production independent of weather
4.1.2    Market Restraints
4.1.2.1    High setup cost
4.1.2.2    Technical complexity
4.1.3    Market Challenges
4.1.3.1    Initial Investment
4.1.3.2    Energy Consumption
4.1.3.3    Technical Complexity
4.1.4    Market Opportunities
4.1.4.1    Urbanization
4.1.4.2    Integrate sources of renewable energy like solar, wind, or geothermal energy
4.1.4.3    Growing Demand for Organic Produce
4.2    Market Trends

Chapter 5. Premium Insights and Analysis
5.1    Global Vertical Farming Market Dynamics, Impact Analysis
5.2    Porter’s Five Forces Analysis
5.2.1    Bargaining Power of Suppliers
5.2.2    Bargaining Power of Buyers    
5.2.3    Threat of Substitute Products
5.2.4    Rivalry among Existing Firms
5.2.5    Threat of New Entrants
5.3    PESTEL Analysis
5.4    Value Chain Analysis
5.5    Product Pricing Analysis
5.6    Vendor Landscape
5.6.1    List of Buyers
5.6.2    List of Suppliers

Chapter 6. Vertical Farming Market, By Component
6.1    Global Vertical Farming Market Snapshot, By Component
6.1.1    Market Revenue (($Billion) and Growth Rate (%), 2022-2034
6.1.1.1    Hardware
6.1.1.2    Software
6.1.1.3    Services

Chapter 7. Vertical Farming Market, By Structure
7.1    Global Vertical Farming Market Snapshot, By Structure
7.1.1    Market Revenue (($Billion) and Growth Rate (%), 2022-2034
7.1.1.1    Building-based
7.1.1.2    Container-based

Chapter 8. Vertical Farming Market, By Growth Mechanism
8.1    Global Vertical Farming Market Snapshot, By Growth Mechanism
8.1.1    Market Revenue (($Billion) and Growth Rate (%), 2022-2034
8.1.1.1    Hydroponics
8.1.1.2    Aeroponics
8.1.1.3    Aquaponics

Chapter 9. Vertical Farming Market, By Crop Category
9.1    Global Vertical Farming Market Snapshot, By Crop Category
9.1.1    Market Revenue (($Billion) and Growth Rate (%), 2022-2034
9.1.1.1    Fruits Vegetables, & Herbs
9.1.1.2    Flowers & Ornamentals
9.1.1.3    Others (Cannabis, Microgreens)

Chapter 10. Vertical Farming Market, By Region
10.1    Overview
10.2    Vertical Farming Market Revenue Share, By Region 2024 (%)    
10.3    Global Vertical Farming Market, By Region
10.3.1    Market Size and Forecast
10.4    North America
10.4.1    North America Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.4.2    Market Size and Forecast
10.4.3    North America Vertical Farming Market, By Country
10.4.4    U.S.
10.4.4.1    U.S. Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.4.4.2    Market Size and Forecast
10.4.4.3    U.S. Market Segmental Analysis 
10.4.5    Canada
10.4.5.1    Canada Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.4.5.2    Market Size and Forecast
10.4.5.3    Canada Market Segmental Analysis
10.4.6    Mexico
10.4.6.1    Mexico Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.4.6.2    Market Size and Forecast
10.4.6.3    Mexico Market Segmental Analysis
10.5    Europe
10.5.1    Europe Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.5.2    Market Size and Forecast
10.5.3    Europe Vertical Farming Market, By Country
10.5.4    UK
10.5.4.1    UK Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.5.4.2    Market Size and Forecast
10.5.4.3    UKMarket Segmental Analysis 
10.5.5    France
10.5.5.1    France Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.5.5.2    Market Size and Forecast
10.5.5.3    FranceMarket Segmental Analysis
10.5.6    Germany
10.5.6.1    Germany Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.5.6.2    Market Size and Forecast
10.5.6.3    GermanyMarket Segmental Analysis
10.5.7    Rest of Europe
10.5.7.1    Rest of Europe Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.5.7.2    Market Size and Forecast
10.5.7.3    Rest of EuropeMarket Segmental Analysis
10.6    Asia Pacific
10.6.1    Asia Pacific Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.2    Market Size and Forecast
10.6.3    Asia Pacific Vertical Farming Market, By Country
10.6.4    China
10.6.4.1    China Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.4.2    Market Size and Forecast
10.6.4.3    ChinaMarket Segmental Analysis 
10.6.5    Japan
10.6.5.1    Japan Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.5.2    Market Size and Forecast
10.6.5.3    JapanMarket Segmental Analysis
10.6.6    India
10.6.6.1    India Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.6.2    Market Size and Forecast
10.6.6.3    IndiaMarket Segmental Analysis
10.6.7    Australia
10.6.7.1    Australia Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.7.2    Market Size and Forecast
10.6.7.3    AustraliaMarket Segmental Analysis
10.6.8    Rest of Asia Pacific
10.6.8.1    Rest of Asia Pacific Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.6.8.2    Market Size and Forecast
10.6.8.3    Rest of Asia PacificMarket Segmental Analysis
10.7    LAMEA
10.7.1    LAMEA Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.7.2    Market Size and Forecast
10.7.3    LAMEA Vertical Farming Market, By Country
10.7.4    GCC
10.7.4.1    GCC Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.7.4.2    Market Size and Forecast
10.7.4.3    GCCMarket Segmental Analysis 
10.7.5    Africa
10.7.5.1    Africa Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.7.5.2    Market Size and Forecast
10.7.5.3    AfricaMarket Segmental Analysis
10.7.6    Brazil
10.7.6.1    Brazil Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.7.6.2    Market Size and Forecast
10.7.6.3    BrazilMarket Segmental Analysis
10.7.7    Rest of LAMEA
10.7.7.1    Rest of LAMEA Vertical Farming Market Revenue, 2022-2034 ($Billion)
10.7.7.2    Market Size and Forecast
10.7.7.3    Rest of LAMEAMarket Segmental Analysis

Chapter 11. Competitive Landscape
11.1    Competitor Strategic Analysis
11.1.1    Top Player Positioning/Market Share Analysis
11.1.2    Top Winning Strategies, By Company, 2022-2024
11.1.3    Competitive Analysis By Revenue, 2022-2024
11.2     Recent Developments by the Market Contributors (2024)

Chapter 12    Company Profiles
12.1     ams-OSRAM AG
12.1.1    Company Snapshot
12.1.2    Company and Business Overview
12.1.3    Financial KPIs
12.1.4    Product/Service Portfolio
12.1.5    Strategic Growth
12.1.6    Global Footprints
12.1.7    Recent Development
12.1.8    SWOT Analysis
12.2     Signify Holding
12.3     Heliospectra
12.4     EVERLIGHT ELECTRONICS CO., LTD.
12.5     Urban Crop Solutions
12.6     AeroFarms
12.7     Freight Farms, Inc
12.8     Plenty Unlimited Inc.
12.9     VertiVegies
12.10   Sky Greens
12.11   iFarm

...

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FAQ's

The global vertical farming market size was reached at USD 6.38 billion in 2024 and is forecasted to grow around USD 51.82 billion by 2034.

The global vertical farming market is poised to grow at a compound annual growth rate (CAGR) of 23.30% over the forecast period 2025 to 2034.

The companies operating in the vertical farming market are ams-OSRAM AG, Signify Holding, Heliospectra, EVERLIGHT ELECTRONICS CO., LTD., Urban Crop Solutions, AeroFarms, Freight Farms, Inc, Plenty Unlimited Inc., VertiVegies, Sky Greens, iFarm.

Benefits of vertical farming compared to traditional farming, advancement in LED technology and all-round-year crop production independent of weather are the driving factors of vertical farming market.

The North America region is leading for vertical farming market.