What is the growth rate of global vertical farming market?

The global vertical farming market is expected to grow at a CAGR of 28.3% from 2024 to 2034. Read More

Which factors driving the vertical farming market growth?

The growth factors of vertical farming market are rising population levels across the globe, stabilized crop production irrespective of climatic changes, insufficiency farming land worldwide and conservation as well as reutilization of natural resources. Read More

Which segment accounted for the largest vertical farming market share?

The prime market share in the global vertical farming market was recorded in 2023 by Hydroponic Components segment. Over the projected period, the climate control segment is predictable to register a high CAGR. Read More

Which region is expected to hit largest revenue share in medical imaging outsourcing market?

The North America is projected to be the largest market for vertical farming. Read More

Which key companies are operating in the vertical farming market?

Some of the major players operating in global vertical farming market are Urban Crop Solutions, Agrilution, Green Sense Farms Holdings,Illumitex Inc., AeroFarms, HELIOSPECTRA AB, EVERLIGHT ELECTRONICS CO., LTD., MOFLO aeroponics, Sky Greens, Gills N Claws Pte Ltd, Signify Holding, Bowery Farming, Inc., Triton Foodworks, Infarm, SPREAD Co., Ltd., AmHydro, CubicFarm Systems Inc., Inc., ZipGrow Inc., Altius Farms, among others. Read More

Vertical Farming Market Size, Share, and Trends 2024 to 2034

Q: What is the current size of the global vertical farming market?

The global vertical farming market size is expected to reach around USD 90.71 billion by 2034 from USD 5.85 billion in 2023. Read More

The global vertical farming market size was USD 5.85 billion in 2023, calculated at USD 7.51 billion in 2024 and is expected to reach around USD 90.71 billion by 2034, expanding at a CAGR of 28.3% from 2024 to 2034.

Last Updated : August 2024
Report Code : 1229
Category : Agriculture

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Vertical Farming Market

5.1. COVID-19 Landscape: Vertical Farming Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Vertical Farming Market, By Growth Mechanism

8.1. Vertical Farming Market, by Growth Mechanism Type, 2024-2034

8.1.1. Hydroponics

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Terraponics

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Aeroponics

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Aquaponics

8.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Vertical Farming Market, By Component

9.1. Vertical Farming Market, by Component, 2024-2034

9.1.1. Lighting

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Climate Control

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Sensor

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Irrigation

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Vertical Farming Market, By Fruits, Vegetables & Herbs

10.1. Vertical Farming Market, by Fruits, Vegetables & Herbs, 2024-2034

10.1.1. Bell & Chili peppers

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Strawberry

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Tomato

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Lettuce

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Cucumber

10.1.5.1. Market Revenue and Forecast (2021-2034)

10.1.6. Herbs

10.1.6.1. Market Revenue and Forecast (2021-2034)

10.1.7. Leafy Greens (excluding lettuce)

10.1.7.1. Market Revenue and Forecast (2021-2034)

10.1.8. Others

10.1.8.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Vertical Farming Market, By Structure Type

11.1. Vertical Farming Market, by Structure Type, 2024-2034

11.1.1. Shipping Container

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. Building-based

11.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Vertical Farming Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.1.2. Market Revenue and Forecast, by Component (2021-2034)

12.1.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.1.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.1.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.1.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.1.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.1.6.2. Market Revenue and Forecast, by Component (2021-2034)

12.1.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.1.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.2.2. Market Revenue and Forecast, by Component (2021-2034)

12.2.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.2.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.2.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.2.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.2.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.2.6.2. Market Revenue and Forecast, by Component (2021-2034)

12.2.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.2.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.2.7.2. Market Revenue and Forecast, by Component (2021-2034)

12.2.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.2.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.2.8.2. Market Revenue and Forecast, by Component (2021-2034)

12.2.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.2.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.3.2. Market Revenue and Forecast, by Component (2021-2034)

12.3.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.3.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.3.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.3.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.3.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.3.6.2. Market Revenue and Forecast, by Component (2021-2034)

12.3.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.3.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.3.7.2. Market Revenue and Forecast, by Component (2021-2034)

12.3.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.3.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.3.8.2. Market Revenue and Forecast, by Component (2021-2034)

12.3.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.3.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.4.2. Market Revenue and Forecast, by Component (2021-2034)

12.4.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.4.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.4.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.4.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.4.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.4.6.2. Market Revenue and Forecast, by Component (2021-2034)

12.4.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.4.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.4.7.2. Market Revenue and Forecast, by Component (2021-2034)

12.4.7.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.4.7.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.4.8.2. Market Revenue and Forecast, by Component (2021-2034)

12.4.8.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.4.8.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.5.5.2. Market Revenue and Forecast, by Component (2021-2034)

12.5.5.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.5.5.4. Market Revenue and Forecast, by Structure Type (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Growth Mechanism (2021-2034)

12.5.6.2. Market Revenue and Forecast, by Component (2021-2034)

12.5.6.3. Market Revenue and Forecast, by Fruits, Vegetables & Herbs Type (2021-2034)

12.5.6.4. Market Revenue and Forecast, by Structure Type (2021-2034)

Chapter 13. Company Profiles

13.1. 4D Bios Inc

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Illumitex Inc

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Urban Crop Solutions

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Koninklijke Philips N.V.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. AMHYDRO (American Hydroponics)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. AeroFarms

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Agrilution

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Everlight Electronics Co., Ltd

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Hort Americas

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Others

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Vertical Farming Market Size To Hit USD 90.71 Bn By 2034

List of Contents