The Market Reports

Synopsis
The global market for Vertical Farming was estimated to be worth US$ 11160 million in 2024 and is forecast to a readjusted size of US$ 115990 million by 2031 with a CAGR of 40.3% during the forecast period 2025-2031.
Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
The vertical farming sector is expanding rapidly, driven by the need to increase food production in urban areas, reduce supply chain vulnerabilities, and address resource constraints. By using stacked layers, controlled environment agriculture (CEA) technologies such as LED lighting, hydroponics, aeroponics, and automated climate control, vertical farms offer year‑round cultivation with significantly reduced land and water usage. These systems enable higher yields per square foot than traditional field agriculture and deliver consistently high-quality produce irrespective of external weather conditions.
Adoption is rising both in dense urban centers seeking localized, low‑carbon food sources and in regions looking to improve food security. Vertical farms are increasingly integrated into supermarkets, restaurants, and food service supply chains, offering leafy greens, herbs, microgreens, and even strawberries or tomatoes with minimal transportation needs. Key drivers include growing consumer demand for fresh food, the ability to scale up production in cities, enhanced food traceability, and reduced environmental impact. At the same time, high capital investment, energy and infrastructure costs, and ongoing technical complexity remain challenges for many operators seeking to scale.
This report aims to provide a comprehensive presentation of the global market for Vertical Farming, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Vertical Farming by region & country, by Type, and by Application.
The Vertical Farming market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Farming.
Market Segmentation
By Company
AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian
Vertical Harvest
Infinite Harvest
FarmedHere
Metro Farms
Green Spirit Farms
Indoor Harvest
Sundrop Farms
Alegria Fresh
Farmbox
Greener Roots Farm
Segment by Type
Hydroponics
Aeroponics
Others
Segment by Application
Vegetable Cultivation
Fruit Planting
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Vertical Farming company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Vertical Farming in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Vertical Farming in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index