Vertical Farming Market Size, Share & Trends Analysis Repot By Structure, By Offering (Lighting, Climate Control), By Growing Mechanism (Hydroponics, Aquaponics), By Fruits, Vegetables & Herbs, And Segment Forecasts, 2021 - 2028

Vertical Farming Market Growth Growth & Trends Trends

he global vertical farming market size is anticipated to reach USD 21.15 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 23.6% over the forecast period. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur the market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. Growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over traditional farming techniques, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labors. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019, owing to increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Artificial lighting helps in extending the hours of natural daylight, which further increases the health, growth rate, and yield of the plants. Artificial lighting such as high-pressure sodium lighting and LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce a dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

he hydroponic system is a method of growing plants without soil. A hydroponic system eliminates the need for pesticides and artificial ripening agents and helps in producing nutritionally-rich vegetables. However, factors such as high initial investment and fewer crop varieties are likely to restrain the market growth.

Vertical Farming Market Report Highlights

  • The escalating production of biopharmaceutical products is anticipated to drive the market
  • The building-based segment is expected to portray a high CAGR of 25.9% over the projected period
  • The climate control segment is expected to witness a high CAGR over the forecast period, as the growth of crops can be controlled by monitoring and adjusting the concentrations of minerals
  • The aeroponics segment is also expected to register considerable growth over the forecast period, as the aeroponics facilitates fast growth in plants (under normal conditions)
  • North America is expected to register significant growth over the forecast period, owing to the expansion of small-scale, commercial vertical farms
  • The key players of the market include BrightFarms (U.S.), Everlight Electronics Co., Ltd. (Taiwan), and Green Sense Farms, LLC (U.S.)
Please note The report will be updated with the latest data and delivered to you within 2-3 business days.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Vertical Farming - Industry Snapshot & Key Buying Criteria, 2017 - 2028
Chapter 3. Industry Outlook
3.1. Market Segmentation & Scope
3.2. Vertical Farming Market Size and Growth Prospects
3.3. Vertical Farming - Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.4.3. Market challenge analysis
3.5. Key Opportunities - Prioritized
3.6. Industry Analysis - Porter’s
3.7. Vertical Farming- PEST Analysis
Chapter 4. Vertical Farming Market: Structure Estimates & Trend Analysis
4.1. Vertical Farming Market: Structure Analysis
4.1.1. Shipping container
4.1.1.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
4.1.2. Building-based
4.1.2.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 5. Vertical Farming Market: Offering Estimates & Trend Analysis
5.1. Vertical Farming Market: Offering Analysis
5.1.1. Lighting
5.1.1.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
5.1.2. Hydroponic components
5.1.2.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
5.1.3. Climate control
5.1.3.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
5.1.4. Sensors
5.1.4.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 6. Vertical Farming Market: Growing Mechanism Estimates & Trend Analysis
6.1. Vertical Farming Market: Growing Mechanism Analysis
6.1.1. Hydroponics
6.1.1.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
6.1.2. Aeroponics
6.1.2.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
6.1.3. Aquaponics
6.1.3.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 7. Vertical Farming Market: Fruits, Vegetables, & Herbs Estimates & Trend Analysis
7.1. Vertical Farming Market: Fruits, Vegetables, & Herbs Analysis
7.1.1. Tomato
7.1.1.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.2. Lettuce
7.1.2.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.3. Bell & Chili Peppers
7.1.3.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.4. Strawberry
7.1.4.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.5. Cucumber
7.1.5.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.6. Leafy Greens
7.1.6.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.7. Herbs
7.1.7.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
7.1.8. Others
7.1.8.1. Global market estimates and forecasts, 2017 - 2028 (USD Million)
Chapter 8. Vertical Farming Market: Regional Estimates & Trend Analysis
8.1. Vertical farming Market Share By Region, 2020 & 2028
8.2. North America
8.2.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.2.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.2.3. Vertical farming market by growing mechanism, 2017 - 2028 (USD Million)
8.2.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.2.5. U.S.
8.2.5.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.2.5.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.2.5.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.2.5.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.2.6. Canada
8.2.6.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.2.6.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.2.6.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.2.6.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.2.7. Mexico
8.2.7.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.2.7.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.2.7.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.2.7.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3. Europe
8.3.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.3. Vertical farming market by growing mechanism, 2017 - 2028 (USD Million)
8.3.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3.5. Germany
8.3.5.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.5.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.5.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.3.5.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3.6. U.K.
8.3.6.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.6.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.6.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.3.6.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3.7. France
8.3.7.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.7.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.7.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.3.7.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3.8. Italy
8.3.8.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.8.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.8.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.3.8.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.3.9. Spain
8.3.9.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.3.9.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.3.9.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.3.9.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.4. Asia Pacific
8.4.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.3. Vertical farming market by growing mechanism, 2017 - 2028 (USD Million)
8.4.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million) 
8.4.6. China
8.4.6.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.6.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.6.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.4.6.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.4.7. Japan
8.4.7.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.7.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.7.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.4.7.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.4.8. India
8.4.8.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.8.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.8.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.4.8.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.4.9. Singapore
8.4.9.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.9.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.9.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.4.9.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.4.10. South Korea
8.4.10.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.4.10.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.4.10.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.4.10.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.5. South America
8.5.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.5.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.5.3. Vertical farming market by growing mechanism, 2017 - 2028 (USD Million)
8.5.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.5.5. Brazil
8.5.5.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.5.5.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.5.5.3. Vertical farming market by growing mechanism 2017 - 2028 (USD Million)
8.5.5.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
8.6. MEA
8.6.1. Vertical farming market by structure, 2017 - 2028 (USD Million)
8.6.2. Vertical farming market by offering, 2017 - 2028 (USD Million)
8.6.3. Vertical farming market by growing mechanism, 2017 - 2028 (USD Million)
8.6.4. Vertical farming market by fruits, vegetables, & herbs, 2017 - 2028 (USD Million)
Chapter 9. Competitive Landscape
9.1. Recent Developments and Impact Analysis, by Key Market Participants
9.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
9.3. Key Company Market Share Analysis, 2020
9.4. Market Position Analysis
9.5. Competitive Dashboard Analysis
Chapter 10. Competitive Landscape
10.1. Agrilution
10.1.1. Company overview
10.1.2. Product benchmarking
10.1.3. Recent developments
10.2. American Hydroponics
10.2.1. Company overview
10.2.2. Product benchmarking
10.2.3. Recent developments
10.3. AeroFarms
10.3.1. Company overview
10.3.2. Product benchmarking
10.3.3. Recent developments
10.4. BrightFarms
10.4.1. Company overview
10.4.2. Product benchmarking
10.4.3. Recent developments
10.5. Everlight Electronics Co., Ltd.
10.5.1. Company overview
10.5.2. Financial performance
10.5.3. Product benchmarking
10.5.4. Recent developments
10.6. Freight Farms
10.6.1. Company overview
10.6.2. Product benchmarking
10.6.3. Recent developments
10.7. GrowUp Urban Farms
10.7.1. Company overview
10.7.2. Product benchmarking
10.7.3. Recent developments
10.8. Green Sense Farms, LLC
10.8.1. Company overview
10.8.2. Product benchmarking
10.8.3. Recent developments
10.9. Illumitex, Inc.
10.9.1. Company overview
10.9.2. Product benchmarking
10.9.3. Recent developments
10.10. Vertical Farm Systems
10.10.1. Company overview
10.10.2. Product benchmarking
10.10.3. Recent developments

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