Vertical Farming Market

Vertical Farming Market Size and Share Forecast Outlook 2025 to 2035

Vertical farming market is projected to grow from USD 9.7 billion in 2025 to USD 74.4 billion by 2035, at a CAGR of 22.6%. Hardware will dominate with a 61.5% market share, while hydroponics will lead the growing mechanism segment with a 68.7% share.

Vertical Farming Market Forecast and Outlook 2025 to 2035

The global vertical farming market is projected to grow from USD 9.66 billion in 2025 to approximately USD 74.35 billion by 2035, recording an absolute increase of USD 64.69 billion over the forecast period. This represents total growth of 669.8%, with the market expected to expand at a CAGR of 22.6% between 2025 and 2035.

Overall market size is forecast to grow by nearly 7.7 times, supported by rising food demand in urban environments, growing adoption of controlled-environment agriculture (CEA), and increasing emphasis on resource efficiency and food security. The convergence of automation, artificial intelligence, and data-driven farming systems continues to redefine agricultural production across cities and climate-sensitive regions.

Quick Stats for Vertical Farming Market

  • Vertical Farming Market Value (2025): USD 9.66 billion
  • Vertical Farming Market Forecast Value (2035): USD 74.35 billion
  • Vertical Farming Market Forecast CAGR: 22.6%
  • Leading Component in Vertical Farming Market: Hardware (61.5%)
  • Key Growth Regions in Vertical Farming Market: Asia Pacific, North America, and Europe
  • Key Players in Vertical Farming Market: Intelligent Growth Solutions (IGS), Signify Holding, iFarm, Freight Farms Inc., Argus Control Systems

Vertical Farming Market Market Value Analysis

Between 2025 and 2030, the vertical farming market is projected to expand from USD 9.66 billion to USD 27.33 billion, an increase of USD 17.67 billion, accounting for approximately 27.3% of total forecast growth for the decade. This phase will be driven by expanding urban populations, demand for year-round cultivation, and the need for reduced land dependency in food production.

Companies are increasingly investing in automated climate control, LED lighting, and hydroponic systems to enhance productivity per square meter while minimizing resource input. Adoption across Asia Pacific and the Middle East is accelerating, supported by government initiatives promoting food self-sufficiency and sustainability-focused agriculture. North American and European markets are also witnessing strong growth through integration of vertical farms within supermarkets, restaurants, and distribution networks, bringing production closer to end consumers.

From 2030 to 2035, the market is forecast to grow from USD 27.33 billion to USD 74.35 billion, adding USD 47.02 billion—roughly 72.7% of total decade-long expansion. This period will be characterized by rapid technological advancements in automation, sensor integration, and nutrient delivery optimization. Artificial intelligence and IoT technologies will enable predictive management of lighting, humidity, and nutrient flow, significantly improving yield efficiency and operational sustainability.

Large-scale vertical farms are expected to expand in urban industrial zones, while modular and container-based systems gain adoption among small and mid-sized enterprises. The shift toward hybrid systems combining aquaponics and aeroponics will further improve water use efficiency and reduce reliance on traditional soil-based farming.

Between 2020 and 2025, the vertical farming industry developed steadily as agriculture stakeholders began recognizing the potential of CEA systems in ensuring stable food supply amid climate variability and limited arable land. Research efforts during this period emphasized improving energy efficiency in lighting systems and reducing operational costs through automation. The entry of technology firms and agricultural startups introduced new business models integrating production, distribution, and retail, strengthening the overall ecosystem for urban agriculture.

Despite its strong outlook, the market faces challenges such as high initial setup costs, energy consumption from artificial lighting, and limited access to skilled technicians for system maintenance. However, ongoing improvements in LED efficiency, renewable power integration, and modular farm design are expected to mitigate these constraints.

Through 2035, vertical farming will emerge as a central pillar of sustainable food production, aligning agricultural innovation with urbanization, climate resilience, and circular economy goals. Its continued evolution will reinforce the global transition toward localized, technology-enabled, and resource-efficient food systems.

Vertical Farming Market Key Takeaways

Metric Value
Estimated Value in (2025E) USD 9.66 billion
Forecast Value in (2035F) USD 74.35 billion
Forecast CAGR (2025 to 2035) 22.6%

Why is the Vertical Farming Market Growing?

Market expansion is being supported by the increasing demand for food security solutions and the corresponding need for high-efficiency vertical farming systems in agriculture applications across global urban and controlled environment operations. Modern producers are increasingly focused on advanced vertical farming that can improve production quality, reduce resource costs, and enhance operational efficiency while meeting stringent performance requirements. The proven efficacy of vertical farming in various agricultural applications makes them an essential component of comprehensive food production strategies and urban agriculture programs.

The growing emphasis on agricultural transformation and advanced production optimization is driving demand for ultra-efficient vertical farming that meet stringent performance specifications and quality requirements for food production applications. Producers' preference for reliable, high-performance systems that can ensure consistent agricultural outcomes is creating opportunities for innovative vertical farming and customized production solutions. The rising influence of food security guidelines and performance protocols is also contributing to increased adoption of premium-grade vertical farming across different agricultural applications and urban systems requiring advanced production technology.

Opportunity Pathways - Vertical Farming Market

The vertical farming market represents a specialized growth opportunity, expanding from USD 9.66 billion in 2025 to USD 74.35 billion by 2035 at a 22.6% CAGR. As producers prioritize production efficiency, performance compliance, and operational performance in complex agricultural processes, vertical farming systems have evolved from a niche agricultural technology to an essential component enabling food delivery, resource optimization, and multi-stage production across agricultural operations and specialized urban applications.

The convergence of urban expansion, increasing food security adoption, specialized agriculture organization growth, and performance requirements creates momentum in demand. High-efficiency formulations offering superior production performance, cost-effective hardware systems balancing performance with economics, and specialized hydroponic variants for critical applications will capture market premiums, while geographic expansion into high-growth Asian agriculture markets and emerging market penetration will drive volume leadership. Agricultural emphasis on production quality and performance reliability provides structural support.

  • Pathway A - Hardware Dominance: Leading with 61.5% market share, hardware applications drive primary demand through complex agricultural workflows requiring comprehensive production systems for food delivery. Advanced formulations enabling improved production quality, reduced resource consumption, and enhanced performance outcomes command premium pricing from producers requiring stringent performance specifications and quality compliance. Expected revenue pool: USD 5.9-45.7 billion.
  • Pathway B - Hydroponics Leadership: Dominating with 68.7% market share through an optimal balance of performance and cost-effectiveness, hydroponics mechanism serves most agricultural applications while meeting production requirements. This mechanism addresses both performance standards and economic considerations, making it the preferred choice for agricultural and urban operations seeking reliable performance. Opportunity: USD 6.6-51.1 billion.
  • Pathway C - Asian Market Acceleration: China (25.8% CAGR) and India (26.4% CAGR) lead global growth through agricultural infrastructure expansion, production capability development, and domestic vertical farming demand. Strategic partnerships with local producers, quality compliance expertise, and supply chain localization enable the expansion of production technology in major urban hubs. Geographic expansion upside: USD 2.5-18.9 billion.
  • Pathway D - Lighting Systems Premium Segment: Lighting systems serve specialized applications requiring exceptional performance specifications for critical agricultural processes. Specialty formulations supporting diverse requirements, complex production applications, and performance-sensitive processes command significant premiums from advanced agricultural organizations and specialized urban facilities. Revenue potential: USD 2.1-16.1 billion.
  • Pathway E - Advanced Agriculture & Technology Systems: Companies investing in sophisticated vertical farming technologies, production systems, and automated agricultural processes gain competitive advantages through consistent system performance and production quality reliability. Advanced capabilities enabling customized specifications and rapid deployment capture premium agricultural partnerships. Technology premium: USD 1.9-14.9 billion.
  • Pathway F - Supply Chain Optimization & Reliability: Specialized distribution networks, strategic inventory management, and reliable supply chain systems create competitive differentiation in agricultural markets requiring consistent vertical farming availability. Companies offering guaranteed supply security, technical support, and quality documentation gain preferred supplier status with compliance-focused producers. Supply chain value: USD 1.7-13.5 billion.
  • Pathway G - Emerging Applications & Market Development: Beyond traditional urban applications, vertical farming in automation enhancement, resource efficiency, and specialized delivery systems represent growth opportunities. Companies developing new applications, supporting R&D initiatives, and expanding into adjacent agricultural markets capture incremental demand while diversifying revenue streams. Emerging opportunity: USD 1.5-11.2 billion.

Segmental Analysis

The market is segmented by component, growing mechanism, and region. By component, the market is divided into hardware and other components. Based on growing mechanism, the market is categorized into hydroponics and other mechanisms. Regionally, the market is divided into Asia Pacific, North America, Europe, Latin America, Middle East & Africa.

By Component, Hardware Segment Accounts for 61.5% Market Share

Vertical Farming Market Analysis By Component

The hardware segment is projected to account for 61.5% of the vertical farming market in 2025, reaffirming its position as the category's dominant component. Producers increasingly recognize the optimal balance of performance and cost-effectiveness offered by hardware for most agricultural applications, particularly in production delivery and farming processes. This component addresses both performance requirements and economic considerations while providing reliable systems across diverse agricultural applications.

This component forms the foundation of most agricultural protocols for food production applications, as it represents the most widely accepted and commercially viable level of vertical farming technology in the industry. Performance control standards and extensive production testing continue to strengthen confidence in hardware formulations among urban and controlled environment producers. With increasing recognition of the cost-performance optimization requirements in agricultural operations, hardware systems align with both operational efficiency and production goals, making them the central growth driver of comprehensive agricultural strategies.

Within the hardware segment, lighting systems represent a critical subsegment, accounting for 35.2% of hardware revenue. The lighting systems subsegment is projected to generate approximately USD 3.4 billion in 2025, driven by the widespread adoption of energy-efficient LEDs and spectral optimization technologies for leafy greens and herbs production. Producers recognize that advanced lighting requirements, including complex growth processes, specialized wavelength needs, and multi-stage cultivation systems, often require sophisticated lighting systems that standard agricultural technologies cannot adequately provide. LED lighting offers enhanced production quality and performance compliance in vertical farming applications.

The subsegment is supported by the growing nature of precision agriculture adoption, requiring sophisticated lighting systems, and the increasing recognition that advanced LED technology can improve agricultural performance and production outcomes. Additionally, producers are increasingly adopting evidence-based performance guidelines that recommend specific lighting systems for optimal growth outcomes. As understanding of agricultural complexity advances and production requirements become more stringent, lighting systems will continue to play a crucial role in comprehensive agricultural strategies within the hardware market.

By Growing Mechanism, Hydroponics Segment Accounts for 68.7% Market Share

Vertical Farming Market Analysis By Growing Mechanism

Hydroponics is projected to represent 68.7% of vertical farming demand in 2025, underscoring its role as the primary mechanism segment driving market adoption and growth. Producers recognize that water efficiency requirements, including complex nutrient processes, specialized cultivation needs, and multi-stage production systems, often require advanced hydroponics that standard agricultural technologies cannot adequately provide. Hydroponics offers enhanced resource quality and performance compliance in vertical farming applications.

The segment is supported by the growing nature of controlled environment adoption, requiring sophisticated production systems, and the increasing recognition that advanced hydroponics can improve agricultural performance and production outcomes. Additionally, producers are increasingly adopting evidence-based quality guidelines that recommend specific hydroponics for optimal cultivation outcomes. As understanding of agricultural complexity advances and production requirements become more stringent, hydroponics will continue to play a crucial role in comprehensive agricultural strategies within the controlled environment market.

Within the hydroponics segment, Nutrient Film Technique (NFT) represents a critical subsegment, accounting for 44% of hydroponics revenue. The NFT subsegment demonstrates strong adoption in urban centers, driven by water efficiency benefits and precise nutrient control capabilities. Producers recognize that NFT requirements, including complex nutrient delivery processes, specialized water management needs, and continuous flow systems, often require advanced techniques that standard hydroponic methods cannot adequately provide. NFT offers enhanced cultivation efficiency and performance compliance in urban vertical farming applications.

The subsegment is supported by the growing nature of urban agriculture adoption, requiring sophisticated water management systems, and the increasing recognition that advanced NFT can improve production performance and resource outcomes. Additionally, producers are increasingly adopting evidence-based efficiency guidelines that recommend specific NFT configurations for optimal production outcomes in space-constrained urban environments. As understanding of water efficiency complexity advances and urban production requirements become more stringent, NFT will continue to play a crucial role in comprehensive hydroponics strategies within the urban agriculture market.

What are the Drivers, Restraints, and Key Trends of the Vertical Farming Market?

The vertical farming market is advancing steadily due to increasing recognition of food security importance and growing demand for high-efficiency vertical farming systems across the agricultural and urban sectors. However, the market faces challenges, including complex production processes, potential for quality variations during operation and maintenance, and concerns about supply chain consistency for specialized agricultural systems. Innovation in vertical farming technologies and customized production protocols continues to influence product development and market expansion patterns.

Expansion of Advanced Agricultural Facilities and Vertical Farming Technologies

The growing adoption of advanced agricultural facilities is enabling the development of more sophisticated vertical farming production and performance control systems that can meet stringent quality requirements. Specialized agricultural facilities offer comprehensive vertical farming services, including advanced system design and production processes that are particularly important for achieving high-efficiency requirements in food production applications. Advanced agricultural channels provide access to premium systems that can optimize production performance and reduce operational costs while maintaining cost-effectiveness for large-scale agricultural operations.

Integration of Digital Agriculture Systems and Production Management Systems

Modern agricultural organizations are incorporating digital technologies such as real-time performance monitoring, automated production systems, and supply chain integration to enhance vertical farming production and distribution processes. These technologies improve production performance, enable continuous quality monitoring, and provide better coordination between producers and customers throughout the agricultural cycle. Advanced digital platforms also enable customized performance specifications and early identification of potential production deviations or supply disruptions, supporting reliable agricultural production.

Analysis of the Vertical Farming Market by Key Country

Vertical Farming Market Cagr Analysis By Country

Country CAGR (2025-2035)
India 26.4%
China 25.8%
Brazil 22.9%
USA 20.5%
Germany 20.2%
UK 19.8%
Japan 18.9%

The vertical farming market is experiencing varied growth globally, with India leading at a 26.4% CAGR through 2035, driven by the expansion of urban food demand, increasing agricultural capabilities, and growing domestic demand for high-efficiency vertical farming systems. China follows at 25.8%, supported by smart-city food hub expansion, growing recognition of production technology importance, and expanding agricultural capacity.

Brazil records 22.9% growth, with a focus on developing container-based farming adoption industries. USA shows 20.5% growth, representing automation and IoT demand. Germany demonstrates 20.2% growth, emphasizing LED efficiency technologies. UK records 19.8% growth with urban fresh food retail, while Japan shows 18.9% growth, representing robotic systems and precision applications.

India Demonstrates Growing Market Potential with Urban Development

Revenue from vertical farming in India is projected to exhibit robust growth with a CAGR of 26.4% through 2035, driven by ongoing urban expansion and increasing recognition of high-efficiency vertical farming as essential agricultural components for complex production processes. The country's urban food demand growth and growing availability of specialized agricultural capabilities are creating significant opportunities for vertical farming adoption across both domestic and technology-oriented agricultural facilities. Major international and domestic technology companies are establishing comprehensive production and distribution networks to serve the growing population of producers and agricultural facilities requiring high-performance vertical farming across urban and controlled environment applications throughout India's major metropolitan hubs.

The Indian government's strategic emphasis on food security and agricultural advancement is driving substantial investments in specialized production capabilities. This policy support, combined with the country's large domestic urban market and expanding technology growth requirements, creates a favorable environment for the vertical farming market development. Indian producers are increasingly focusing on high-value production technologies to improve agricultural capabilities, with vertical farming representing a key component in this agricultural transformation.

  • Government initiatives supporting urban development and agricultural modernization are driving demand for high-efficiency vertical farming throughout major metropolitan and production centers, including Mumbai, Delhi, and Bangalore regions.
  • Agricultural capacity expansion and production system development are supporting appropriate utilization of vertical farming among producers and agricultural facilities nationwide, with particular growth in urban operations and controlled environment services.

China Demonstrates Exceptional Market Potential with Smart-City Growth

Revenue from vertical farming in China is expanding at a CAGR of 25.8%, supported by increasing agricultural accessibility, growing food security awareness, and developing urban market presence across the country's major metropolitan clusters. The country's large urban sector and increasing recognition of vertical farming systems are driving demand for effective high-efficiency production solutions in both food security and urban applications. International technology companies and domestic producers are establishing comprehensive distribution channels to serve the growing demand for quality vertical farming while supporting the country's position as an emerging production technology market.

China's agricultural sector continues to benefit from favorable production policies, expanding food security capabilities, and cost-competitive technology infrastructure development. The country's focus on becoming a global agriculture technology hub is driving investments in specialized vertical farming technology and urban infrastructure. This development is particularly important for vertical farming applications, as producers seek reliable domestic sources for critical production technologies to reduce import dependency and improve supply chain security.

  • Rising awareness about advanced production options and improving food security capabilities are creating opportunities for specialized vertical farming across urban and agricultural settings in major hubs like Shanghai, Shenzhen, and Guangzhou.
  • Growing agricultural infrastructure development and technology adoption are supporting increased access to high-efficiency vertical farming among organizations requiring comprehensive production capabilities, particularly in urban and agricultural organizations.

Brazil Maintains Container-Based Farming Leadership

Brazil's market expansion benefits from diverse agricultural demand, including container-based farming adoption programs, and government food security programs that increasingly incorporate vertical farming solutions for production enhancement applications. The country maintains a 22.9% CAGR through 2035, driven by rising agricultural awareness and increasing adoption of vertical farming benefits, including superior production capabilities and reduced operational complexity.

Market dynamics focus on cost-effective vertical farming that balance advanced production features with affordability considerations important to Brazilian agricultural operators. Growing agricultural infrastructure creates demand for modern production systems in new agricultural facilities and farming equipment modernization projects.

Strategic Market Considerations:

  • Agricultural and urban segments leading growth with focus on production enhancement and operational efficiency applications
  • Regional food security requirements are driving a diverse product portfolio from basic vertical farming to advanced specialty platforms
  • Local production advantages supporting competitive positioning in regional markets
  • Government agricultural initiatives beginning to influence procurement standards and production requirements

USA Maintains Automation and IoT Leadership

Vertical Farming Market Country Value Analysis

USA's advanced production technology market demonstrates sophisticated agricultural deployment with documented vertical farming effectiveness in urban departments and agricultural centers through integration with existing food production systems and farming infrastructure. The country leverages production expertise in automation adoption and IoT to maintain a 20.5% CAGR through 2035. Agricultural centers, including major metropolitan areas, showcase premium installations where vertical farming systems integrate with comprehensive agricultural information systems and production platforms to optimize cultivation accuracy and operational workflow effectiveness.

American producers prioritize system reliability and performance compliance in agricultural development, creating demand for premium systems with advanced features, including quality validation and integration with US agricultural standards. The market benefits from established food production infrastructure and a willingness to invest in advanced vertical farming that provide long-term operational benefits and compliance with performance regulations.

Strategic Market Considerations:

  • Urban and agricultural segments leading growth with focus on production enhancement and operational efficiency applications
  • Regional food security requirements are driving a diverse product portfolio from basic vertical farming to advanced specialty platforms
  • Import dependency challenges offset by potential local development partnerships with international production manufacturers
  • Government agricultural initiatives beginning to influence procurement standards and performance requirements

Germany Shows Strong Regional Leadership

Germany's market expansion benefits from diverse agricultural demand, including urban modernization and LED efficiency programs, and government food security programs that increasingly incorporate vertical farming solutions for production enhancement applications. The country maintains a 20.2% CAGR through 2035, driven by rising agricultural awareness and increasing adoption of efficiency benefits, including superior production capabilities and reduced operational complexity.

Market dynamics focus on cost-effective vertical farming that balance advanced LED features with affordability considerations important to German agricultural operators. Growing agricultural infrastructure creates demand for modern production systems in new urban facilities and farming equipment modernization projects.

Strategic Market Considerations:

  • Agricultural and urban segments leading growth with focus on production enhancement and operational efficiency applications
  • Regional efficiency requirements are driving a diverse product portfolio from basic vertical farming to advanced specialty platforms
  • Import dependency challenges offset by potential local development partnerships with international production manufacturers
  • Government agricultural initiatives beginning to influence procurement standards and production requirements

UK Demonstrates Urban Fresh Food Retail Excellence

UK's market expansion benefits from diverse urban demand, including fresh food retail and production efficiency. The country maintains a 19.8% CAGR through 2035, driven by rising food security adoption and increasing preference for urban vertical farming through fresh food initiatives. The market prioritizes advanced features, including quality validation and integration with comprehensive retail platforms that reflect UK agricultural expectations for efficiency and production excellence.

British producers focus on urban strategies in agricultural development, creating demand for premium vertical farming with advanced features including automated quality monitoring and comprehensive production support. The market benefits from established retail infrastructure and investment in fresh food technology that provides long-term agricultural benefits.

Strategic Market Considerations:

  • Urban and retail segments leading growth with focus on production enhancement and operational efficiency applications
  • Regional fresh food requirements are driving a diverse product portfolio from basic vertical farming to advanced specialty platforms
  • Import dependency challenges offset by potential local development partnerships with international production manufacturers
  • Government urban initiatives beginning to influence procurement standards and production requirements

Japan Emphasizes Precision and Robotic Excellence

Vertical Farming Market Japan Market Share Analysis By Component

Japan demonstrates steady market development with a 18.9% CAGR through 2035, distinguished by producers' preference for high-quality vertical farming that integrate seamlessly with existing agricultural equipment and provide reliable long-term operation in specialized production applications. The market prioritizes advanced features, including precision production algorithms, quality validation, and integration with comprehensive agricultural platforms that reflect Japanese production expectations for technological sophistication and operational excellence.

Japanese producers focus on system reliability and precision in agricultural development, creating demand for premium vertical farming with advanced features including automated quality monitoring and comprehensive production support. The market benefits from established agricultural research infrastructure and investment in robotic technology that provides long-term cultivation benefits.

Strategic Market Indicators:

  • Premium focus on precision systems with advanced agricultural algorithms and high-reliability capabilities
  • Integration requirements with existing agricultural information systems and production management platforms
  • Emphasis on vertical farming reliability and long-term performance in agricultural applications

Europe Market Split by Country

Vertical Farming Market Europe Country Market Share Analysis, 2025 & 2035

The vertical farming market in Europe is projected to grow from USD 2.6 billion in 2025 to USD 20.1 billion by 2035, registering a CAGR of 22.5% over the forecast period. Germany is expected to maintain its leadership position with a 25.0% market share in 2025, rising to 25.8% by 2035, supported by its advanced agricultural infrastructure, LED efficiency capabilities, and strong urban presence throughout major metropolitan regions.

The UK follows with a 18.5% share in 2025, projected to reach 19.2% by 2035, driven by advanced production protocols, fresh food innovation integration, and expanding specialty agricultural networks serving both domestic and international markets. France holds a 14.5% share in 2025, expected to increase to 15.1% by 2035, supported by agricultural infrastructure expansion and growing adoption of high-efficiency vertical farming.

Italy commands a 11.5% share in 2025, projected to reach 12.0% by 2035, while Spain accounts for 9.5% in 2025, expected to reach 9.8% by 2035. The rest of Europe region, including Nordic countries, Eastern Europe, and smaller Western European markets, is anticipated to hold 21.0% in 2025, declining slightly to 18.1% by 2035, attributed to market consolidation toward larger core markets with established urban and agricultural capabilities.

Competitive Landscape of the Vertical Farming Market

Vertical Farming Market Analysis By Company

The vertical farming market is characterized by competition among established technology manufacturers, specialty agricultural companies, and production technology suppliers focused on delivering high-efficiency, consistent, and reliable vertical farming systems.

Companies are investing in production technology advancement, performance control enhancement, strategic partnerships, and customer technical support to deliver effective, efficient, and reliable vertical farming solutions that meet stringent agricultural and performance requirements. Production optimization, performance validation protocols, and supply chain strategies are central to strengthening product portfolios and market presence.

Intelligent Growth Solutions (IGS) leads the market with comprehensive high-efficiency vertical farming offerings with a focus on performance consistency and production reliability for agricultural applications. The company holds approximately 11.6% market share and has partnered with Modutec to deploy 200-tower GigaFarm in UAE Food Tech Valley in 2025, with emphasis on automation, closed-loop design, and energy optimization capabilities.

Signify Holding provides specialized lighting systems with emphasis on agricultural applications and comprehensive technical support services, holding approximately 10.4% market share and expanding Philips GreenPower toplighting range with GrowWise spectral control technologies.

iFarm focuses on advanced AI technologies and customized agricultural solutions for production systems serving global markets, holding approximately 8.9% market share and introducing AI-based yield forecasting systems across EU and APAC farms. Freight Farms Inc. delivers established modular systems with strong performance control systems and customer service capabilities, holding approximately 7.6% market share and strengthening container-based production in North America.

Argus Control Systems operates with a focus on bringing innovative climate automation technologies to specialized agricultural applications and emerging markets, holding approximately 6.3% market share and growing presence in climate automation for hybrid hydroponic facilities.

Key Players in the Vertical Farming Market

  • Intelligent Growth Solutions (IGS)
  • Signify Holding
  • iFarm
  • Freight Farms Inc.
  • Argus Control Systems

Scope of the Report

Items Values
Quantitative Units (2025) USD 9.66 Billion
Component Hardware, Other Components
Growing Mechanism Hydroponics, Other Mechanisms
Application Urban Agriculture, Controlled Environment Production, Food Security, Other Agricultural Uses
Regions Covered Asia Pacific, North America, Europe, Latin America, Middle East & Africa
Countries Covered China, USA, Germany, Japan, India, Brazil, UK and 40+ countries
Key Companies Profiled Intelligent Growth Solutions (IGS), Signify Holding, iFarm, Freight Farms Inc., Argus Control Systems
Additional Attributes Dollar sales by component and growing mechanism, regional demand trends, competitive landscape, producer preferences for specific vertical farming systems, integration with specialty agricultural supply chains, innovations in production technologies, performance monitoring, and production optimization

Vertical Farming Market by Segments

  • Component :

    • Hardware
    • Other Components
  • Growing Mechanism:

    • Hydroponics
    • Other Mechanisms
  • Region :

    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia Pacific
    • North America
      • USA
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Nordic
      • BENELUX
      • Rest of Europe
    • Latin America
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • Middle East & Africa
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkey
      • South Africa
      • Other African Countries
      • Rest of Middle East & Africa

Table of Content

  1. Executive Summary
    • Global Market Outlook
    • Demand to side Trends
    • Supply to side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
  3. Market Background
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
      • Trends
    • Scenario Forecast
      • Demand in Optimistic Scenario
      • Demand in Likely Scenario
      • Demand in Conservative Scenario
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
    • Investment Feasibility Matrix
    • Value Chain Analysis
    • PESTLE and Porter’s Analysis
    • Regulatory Landscape
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
  4. Global Market Analysis 2020 to 2024 and Forecast, 2025 to 2035
    • Historical Market Size Value (USD Million) Analysis, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Projections, 2025 to 2035
      • Y to o to Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
  5. Global Market Pricing Analysis 2020 to 2024 and Forecast 2025 to 2035
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Component
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By Component, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By Component, 2025 to 2035
      • Hardware
      • Other Components
    • Y to o to Y Growth Trend Analysis By Component, 2020 to 2024
    • Absolute $ Opportunity Analysis By Component, 2025 to 2035
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Growing Mechanism
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By Growing Mechanism, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By Growing Mechanism, 2025 to 2035
      • Hydroponics
      • Other Mechanisms
    • Y to o to Y Growth Trend Analysis By Growing Mechanism, 2020 to 2024
    • Absolute $ Opportunity Analysis By Growing Mechanism, 2025 to 2035
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • Introduction
    • Historical Market Size Value (USD Million) Analysis By Region, 2020 to 2024
    • Current Market Size Value (USD Million) Analysis and Forecast By Region, 2025 to 2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific
      • Middle East & Africa
    • Market Attractiveness Analysis By Region
  9. North America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • USA
        • Canada
        • Mexico
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  10. Latin America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Brazil
        • Chile
        • Rest of Latin America
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  11. Western Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Germany
        • UK
        • Italy
        • Spain
        • France
        • Nordic
        • BENELUX
        • Rest of Western Europe
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  12. Eastern Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Russia
        • Poland
        • Hungary
        • Balkan & Baltic
        • Rest of Eastern Europe
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  13. East Asia Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • China
        • Japan
        • South Korea
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  14. South Asia and Pacific Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of South Asia and Pacific
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  15. Middle East & Africa Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Kingdom of Saudi Arabia
        • Other GCC Countries
        • Turkiye
        • South Africa
        • Other African Union
        • Rest of Middle East & Africa
      • By Component
      • By Growing Mechanism
    • Market Attractiveness Analysis
      • By Country
      • By Component
      • By Growing Mechanism
    • Key Takeaways
  16. Key Countries Market Analysis
    • USA
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Canada
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Mexico
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Brazil
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Chile
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Germany
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • UK
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Italy
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Spain
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • France
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • India
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • ASEAN
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Australia & New Zealand
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • China
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Japan
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • South Korea
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Russia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Poland
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Hungary
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Kingdom of Saudi Arabia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • Turkiye
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
    • South Africa
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Component
        • By Growing Mechanism
  17. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Regional
      • By Component
      • By Growing Mechanism
  18. Competition Analysis
    • Competition Deep Dive
      • Intelligent Growth Solutions (IGS)
        • Overview
        • Product Portfolio
        • Profitability by Market Segments (Product/Age /Sales Channel/Region)
        • Sales Footprint
        • Strategy Overview
          • Marketing Strategy
          • Product Strategy
          • Channel Strategy
      • Signify Holding
      • iFarm
      • Freight Farms Inc.
      • Argus Control Systems
  19. Assumptions & Acronyms Used
  20. Research Methodology

List Of Table

  • Table 1: Global Market Value (USD Million) Forecast by Region, 2020 to 2035
  • Table 2: Global Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 3: Global Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 4: North America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 5: North America Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 6: North America Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 7: Latin America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 8: Latin America Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 9: Latin America Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 10: Western Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 11: Western Europe Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 12: Western Europe Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 13: Eastern Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 14: Eastern Europe Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 15: Eastern Europe Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 16: East Asia Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 17: East Asia Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 18: East Asia Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 19: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 20: South Asia and Pacific Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 21: South Asia and Pacific Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035
  • Table 22: Middle East & Africa Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 23: Middle East & Africa Market Value (USD Million) Forecast by Component, 2020 to 2035
  • Table 24: Middle East & Africa Market Value (USD Million) Forecast by Growing Mechanism, 2020 to 2035

List Of Figures

  • Figure 1: Global Market Pricing Analysis
  • Figure 2: Global Market Value (USD Million) Forecast 2020-2035
  • Figure 3: Global Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 4: Global Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 5: Global Market Attractiveness Analysis by Component
  • Figure 6: Global Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 7: Global Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 8: Global Market Attractiveness Analysis by Growing Mechanism
  • Figure 9: Global Market Value (USD Million) Share and BPS Analysis by Region, 2025 and 2035
  • Figure 10: Global Market Y to o to Y Growth Comparison by Region, 2025 to 2035
  • Figure 11: Global Market Attractiveness Analysis by Region
  • Figure 12: North America Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 13: Latin America Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 14: Western Europe Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 15: Eastern Europe Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 16: East Asia Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 17: South Asia and Pacific Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 18: Middle East & Africa Market Incremental Dollar Opportunity, 2025 to 2035
  • Figure 19: North America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 20: North America Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 21: North America Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 22: North America Market Attractiveness Analysis by Component
  • Figure 23: North America Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 24: North America Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 25: North America Market Attractiveness Analysis by Growing Mechanism
  • Figure 26: Latin America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 27: Latin America Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 28: Latin America Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 29: Latin America Market Attractiveness Analysis by Component
  • Figure 30: Latin America Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 31: Latin America Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 32: Latin America Market Attractiveness Analysis by Growing Mechanism
  • Figure 33: Western Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 34: Western Europe Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 35: Western Europe Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 36: Western Europe Market Attractiveness Analysis by Component
  • Figure 37: Western Europe Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 38: Western Europe Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 39: Western Europe Market Attractiveness Analysis by Growing Mechanism
  • Figure 40: Eastern Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 41: Eastern Europe Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 42: Eastern Europe Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 43: Eastern Europe Market Attractiveness Analysis by Component
  • Figure 44: Eastern Europe Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 45: Eastern Europe Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 46: Eastern Europe Market Attractiveness Analysis by Growing Mechanism
  • Figure 47: East Asia Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 48: East Asia Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 49: East Asia Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 50: East Asia Market Attractiveness Analysis by Component
  • Figure 51: East Asia Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 52: East Asia Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 53: East Asia Market Attractiveness Analysis by Growing Mechanism
  • Figure 54: South Asia and Pacific Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 55: South Asia and Pacific Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 56: South Asia and Pacific Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 57: South Asia and Pacific Market Attractiveness Analysis by Component
  • Figure 58: South Asia and Pacific Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 59: South Asia and Pacific Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 60: South Asia and Pacific Market Attractiveness Analysis by Growing Mechanism
  • Figure 61: Middle East & Africa Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 62: Middle East & Africa Market Value Share and BPS Analysis by Component, 2025 and 2035
  • Figure 63: Middle East & Africa Market Y to o to Y Growth Comparison by Component, 2025 to 2035
  • Figure 64: Middle East & Africa Market Attractiveness Analysis by Component
  • Figure 65: Middle East & Africa Market Value Share and BPS Analysis by Growing Mechanism, 2025 and 2035
  • Figure 66: Middle East & Africa Market Y to o to Y Growth Comparison by Growing Mechanism, 2025 to 2035
  • Figure 67: Middle East & Africa Market Attractiveness Analysis by Growing Mechanism
  • Figure 68: Global Market - Tier Structure Analysis
  • Figure 69: Global Market - Company Share Analysis

- FAQs -

How big is the vertical farming market in 2025?

The global vertical farming market is estimated to be valued at USD 9.7 billion in 2025.

What will be the size of vertical farming market in 2035?

The market size for the vertical farming market is projected to reach USD 74.4 billion by 2035.

How much will be the vertical farming market growth between 2025 and 2035?

The vertical farming market is expected to grow at a 22.6% CAGR between 2025 and 2035.

What are the key product types in the vertical farming market?

The key product types in vertical farming market are hardware and other components.

Which growing mechanism segment to contribute significant share in the vertical farming market in 2025?

In terms of growing mechanism, hydroponics segment to command 68.7% share in the vertical farming market in 2025.

Vertical Farming Market