Global Vertical Farming Market 2025-2029

Vertical Farming Market 2025-2029

The vertical farming market is forecasted to grow by USD 13718.3 mn during 2024-2029, accelerating at a CAGR of 25.2% during the forecast period. The report on the vertical farming market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to meet rising demand for food products, growth in investments and funding in agricultural sector, and declining arable land.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's vertical farming market is segmented as below:

By Product

• Tomato
• Lettuce
• Bell and chili pepper
• Strawberry
• Others

By Technique

• Indoor vertical farming
• Greenhouse vertical farming
• Hybrid systems

By Component

• Lighting systems
• Climate control systems
• Irrigation systems
• Sensors and monitoring devices
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the growing concerns regarding environment impact as one of the prime reasons driving the vertical farming market growth during the next few years. Also, growing demand for organic food and growing demand for smart/advanced vertical farming technologies with automated systems will lead to sizable demand in the market.

The report on the vertical farming market covers the following areas:

• Vertical Farming Market sizing
• Vertical Farming Market forecast
• Vertical Farming Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vertical farming market vendors that include AS GIRI AND AQUA LLP, Bowery Farming Inc., Dream Harvest Farming Company LLC, Eataly Net USA LLC, Elevate Farms, Hortifrut SA, Kalera Inc, Nordic Harvest AS, Plenty Unlimited Inc., SPREAD Co. Ltd., Triton Foodworks, Upward Enterprises Inc., URBAN GREEN FATE FARMS, UrbanKisaan, Vertical Harvest, Vertical Roots, and Village Farms International Inc.. Also, the vertical farming market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.