Vertical
Farming Market Outlook
Vertical Farming market size was valued at USD 6.7 billion in 2023 and is estimated to reach a value of USD 86.7 billion by 2035 with a CAGR of 24.1% during the forecast period 2024-2035.
Vertical farming market is witnessing significant growth driven by technological advancements in hydroponics, aeroponics, and artificial intelligence. Increasing urbanization and the demand for locally grown, pesticide-free produce are major factors. Innovations in LED lighting and climate control systems enhance crop yield and energy efficiency.
 Additionally, rising concerns about climate
change and water scarcity promote the adoption of water-efficient farming
methods. Investment in vertical farming startups and collaborations with retail
chains are also fueling market expansion. Government initiatives supporting
sustainable agriculture and the integration of IoT for real-time monitoring and
automation further bolster the industry's development.
Vertical farming
market forecast factors involves several key factors. Technological advancements
in hydroponics, aeroponics, and AI-driven automation are crucial for improving
efficiency and scalability. Urbanization trends and the growing demand for
fresh, pesticide-free produce support market growth. Sustainability concerns,
particularly related to climate change and water scarcity, drive the adoption
of resource-efficient farming methods.
Investment
influx from venture capitalists and strategic partnerships with retail and food
service industries accelerate development. Government policies promoting
sustainable agriculture and funding research initiatives provide additional
support. Consumer awareness about health benefits and food security further
propels the market. These factors collectively shape the positive outlook for
the vertical farming industry.
Key
Insights
Based on component,
Vertical Farming market share is dominated by hardware with a stake of 76.80%
in 2023. Key trends in vertical farming hardware components include
advancements in LED lighting technology, which enhance energy efficiency and
crop yield. Innovations in climate control systems, such as HVAC and
dehumidifiers, ensure optimal growing conditions year-round. The integration of
IoT and sensor technology for real-time monitoring and data analytics improves
precision farming practices. Automated irrigation systems and robotic
harvesters reduce labor costs and increase operational efficiency. Modular and
scalable hardware solutions are gaining traction, allowing for flexible farm
setups. Additionally, the development of durable and sustainable materials for
building vertical farm structures supports long-term viability and
environmental sustainability in the industry.
Based on
regional analysis, Europe dominated the vertical farming market with a key
stake of 41.21% in 2023. The European vertical farming market is experiencing
significant growth driven by advancements in sustainable technologies and a
strong emphasis on food security. Increasing urbanization and the demand for
locally sourced, pesticide-free produce are key factors. Innovations in LED
lighting and climate control systems enhance energy efficiency and crop yields.
Government support and favorable policies for sustainable agriculture further
propel the market. Additionally, collaborations between technology providers
and agricultural businesses, along with rising consumer awareness about health
and sustainability, contribute to the rapid expansion of vertical farming in
Europe.
Vertical Farming Market Data and Dashboard
Our marketing
platform comes with an all-inclusive dashboard, giving clients valuable
insights into market trends spanning several years. You can take a look at a
sample image of our dashboard below, and we'll provide specific PDF logins to
give you access to this insightful tool.
Market Dynamics
The need for a reliable, year-round food supply
encourages investment in controlled-environment agriculture
The need for a
reliable, year-round food supply is a pivotal driver in the vertical farming
market, prompting substantial investment in controlled-environment agriculture
(CEA). As global populations rise and urbanization intensifies, traditional
agriculture faces challenges in meeting the growing demand for fresh produce.
Vertical farming, with its ability to produce crops year-round in controlled
environments, offers a solution to these challenges. CEA technologies allow for
precise regulation of temperature, humidity, light, and nutrient levels,
ensuring consistent and optimal growing conditions regardless of external
weather patterns. This reliability in production reduces the risks associated
with seasonal variations and climate change, which can disrupt traditional
farming practices.
Moreover,
vertical farming's proximity to urban centers minimizes the need for
long-distance transportation, reducing carbon footprints and ensuring fresher
produce reaches consumers faster. The efficiency of resource use, particularly
water and land, is significantly enhanced in vertical farms, addressing
sustainability concerns. Government initiatives and policies aimed at promoting
food security and sustainable agriculture further drive investments in this
sector. Additionally, the increasing consumer preference for locally sourced,
pesticide-free, and organic produce bolsters the market. Collaborations between
technology providers, agricultural businesses, and retail chains are
accelerating the development and adoption of vertical farming, making it a
crucial component in the future of global food security.
Innovations in
hydroponics, aeroponics, LED lighting, and climate control systems improve
efficiency and crop yields.
Innovations in
hydroponics, aeroponics, LED lighting, and climate control systems are key
drivers in the vertical farming market, significantly enhancing efficiency and
crop yields. Hydroponics and aeroponics enable soil-less farming, optimizing
water and nutrient use while reducing the risk of soil-borne diseases. Advanced
LED lighting technology provides precise light spectra tailored to different
growth stages, improving photosynthesis and energy efficiency. Climate control
systems, including HVAC and dehumidifiers, maintain optimal growing conditions
by regulating temperature, humidity, and CO2 levels. These technological
advancements collectively ensure year-round production, higher crop density,
and faster growth cycles, making vertical farming a viable and sustainable
alternative to traditional agriculture. This increased efficiency attracts
investments and supports the scalability of vertical farming operations
globally.
Factors |
Value |
Category |
ICT |
Pages |
400 |
Table Count |
260 |
Chart Count |
220 |
Companies Count |
50 |
Countries Count |
40 |
Report Type |
Published |
Report Region |
Global |
Largest Market |
Europe |
Fastest Growing Market |
APAC |
Base Year |
2023 |
Market Size in Base Year |
6.7 billion |
CAGR (2024-2035) |
24.10% |
Forecast Year |
2024-2035 |
Historical Year |
2019-2022 |
Market Size in 2035 |
86.7 Billion |
Countries Covered |
U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Turkey, Israel, China, Japan, India, South Korea, Australia, SEA, Brazil, Chile, Argentina, Saudi Arabia, UAE, Qatar, South Africa,Rest of World |
Region Covered |
North America, Europe, APAC, South America, Middle East and
Africa |
Key Drivers |
·        The need for a reliable, year-round food supply     encourages investment in controlled-environment     agriculture  ·        Innovations in hydroponics, aeroponics, LED lighting,     and climate control systems improve efficiency and     crop yields. |
Segments Covered |
component, structure, farming type and technology |
Â
Market Analysis by Component
Based on component,
Vertical Farming industry is segmented into hardware, software and services.
Hardware segment gained a value of USD 5.3 billion in 2023 and is estimated to reach a value of USD 12.10 billion by 2035 with a CAGR of 17.4% during the forecast period.
Key trends in
vertical farming hardware are shaping the future of agriculture, driven by
advancements in technology and a focus on sustainability. Innovations in LED
lighting are at the forefront, with energy-efficient, customizable spectrum
lights enhancing photosynthesis and crop yields while reducing energy
consumption. These lights can be fine-tuned to cater to specific plant needs,
optimizing growth and reducing operational costs.
Climate control
systems are another critical area of advancement. Modern HVAC systems,
dehumidifiers, and CO2 enrichment technologies ensure optimal growing
conditions, regardless of external weather. These systems maintain precise
temperature, humidity, and CO2 levels, crucial for maximizing plant health and
productivity.
Sensor
technology and the Internet of Things (IoT) are revolutionizing vertical
farming by enabling real-time monitoring and data-driven decision-making.
Advanced sensors track pH, nutrient levels, moisture, and light, providing
actionable insights to optimize growing conditions. IoT integration allows for
automated adjustments, enhancing efficiency and reducing manual labor.
Automated
irrigation systems and robotics are also gaining traction. These systems ensure
precise water and nutrient delivery, reducing waste and improving consistency.
Robotic harvesters and plant handlers further streamline operations, increasing
scalability and reducing labor costs.
The development of modular and scalable hardware solutions supports flexible farm setups, allowing for easy expansion and adaptation to various urban environments. Sustainable and durable materials for constructing vertical farms ensure long-term viability and environmental responsibility. Together, these hardware trends are driving the vertical farming market towards greater efficiency, sustainability, and profitability.
Segments |
Values |
By Farming
Type |
·       Â
Hydroponics ·       Â
Aeroponics ·       Â
Aquaponics |
By Structure |
·       Â
Building-based Vertical Farms ·       Â
Shipping Container-based
Vertical Farms |
By
Technology |
·       Â
Lighting (LED, Fluorescent,
HPS, etc.) ·       Â
Climate Control (HVAC,
Dehumidifiers, etc.) ·       Â
Sensors (pH sensors, Nutrient
sensors, etc.) ·       Â
Irrigation Systems ·       Â
Software (Farm Management
Software, Data Analytics, etc.) |
Â
Market Analysis by Region
Vertical Farming
Market analysis includes the statistics of major geographies such as North
America, Europe, Asia Pacific, South America and MEA.
In terms of Vertical Farming market statistics, Europe acquired a market size of USD 2.76 billion in 2023 and is estimated to reach a value of USD 33.42 billion by 2035 with a CAGR of 23.4% during the forecast period.
The European
vertical farming market presents numerous opportunities driven by urbanization,
sustainability goals, and technological advancements. As cities expand, the
demand for locally sourced, fresh produce grows, making vertical farming an
attractive solution. Europe's focus on reducing carbon footprints and promoting
sustainable practices aligns well with the resource-efficient nature of
vertical farming, which uses less water and land compared to traditional
agriculture.
Technological
advancements in hydroponics, aeroponics, and LED lighting systems are pivotal
in enhancing crop yields and energy efficiency. These innovations enable
year-round production, independent of seasonal variations, ensuring a
consistent supply of fresh produce. Additionally, Europe's strong research and
development infrastructure supports continuous improvement and innovation in
vertical farming technologies.
Government policies and funding aimed at promoting food security and sustainable agriculture further bolster the market. Grants, subsidies, and favorable regulations encourage investments in vertical farming projects, facilitating market growth.
The APAC
vertical farming market is witnessing several key trends shaping its growth.
One significant trend is the increasing adoption of controlled environment
agriculture (CEA) techniques to optimize crop production in urban areas with
limited arable land. This approach not only enhances crop yield but also
reduces water usage and minimizes environmental impact.
Another notable trend is the integration of advanced technologies such as AI, IoT, and data analytics to automate and monitor farming processes, ensuring optimal conditions for plant growth. Moreover, there's a growing emphasis on sustainable practices, driven by consumer demand for locally grown, pesticide-free produce. Governments and private investors are also supporting the expansion of vertical farming through subsidies and funding initiatives, further boosting market development. These trends indicate a shift towards more efficient, sustainable, and technology-driven agricultural practices in the APAC region, promising significant opportunities for innovation and investment in the coming years.Â
Competitive Landscape
Key companies operating within the Vertical Farming market
are: AeroFarms (U.S.), Illumitex, Inc. (U.S.),
American Hydroponics (U.S.), Agrilution GmbH, Brightfarms Inc., Everlight
Electronics Co., Ltd., Freight Farms, GrowUp Urban Farms Ltd., Green Sense
Farms, LLC, Vertical Farm Systems.
Recent Development
In March 2023,
BrightFarms, a trailblazer in the indoor farming sector, is expanding by
establishing four additional regional greenhouse facilities to bring
sustainably grown leafy greens to a wider audience across the Eastern and
Central United States. These new greenhouse centers aim to meet the increasing
demand for organic food and commence distribution to retailers by 2024. Through
this expansion initiative, the company anticipates achieving a tenfold increase
in revenue by 2024.
In February
2023, AeroFarms partnered with the Public Investment Fund (PIF) of Saudi Arabia
to launch a joint venture focused on establishing indoor vertical farms in the
Middle East, particularly in Saudi Arabia.
1.    Â
Global
Vertical Farming Market Introduction and Market Overview
1.1.   Objectives of the Study
1.2.   Global Vertical Farming Market
Scope and Market Estimation
1.2.1. Global Vertical Farming Overall
Market Size, Revenue (US$ Mn) & Sales (Units), Market CAGR (%), Market forecast
(2024 - 2035)
1.2.2. Global Vertical Farming Market
Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2035
1.3.   Market Segmentation
1.3.1. Farming Type of Global Vertical
Farming Market
1.3.2. Structure of Global Vertical
Farming Market
1.3.3. Technology of Global Vertical Farming
Market
1.3.4. Component of Global Vertical
Farming Market
1.3.5. Region of Global Vertical
Farming Market
2.    Â
Executive Summary
2.1.   Market Dynamics
2.1.1. Drivers
2.1.2. Limitations
2.1.3. Opportunities
2.1.4. Impact Analysis of Drivers and
Restraints
2.2.   Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.3.   Key Mergers & Acquisitions,
Expansions, JVs, Funding / VCs, etc.
2.4.   Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitutes
2.4.4. Threat of New Entrants
2.4.5. Competitive Rivalry
2.5.   Value Chain / Ecosystem Analysis
2.6.   Patent Analysis
2.7.   Case Study Analysis
2.8.   Economic Downturn Analysis
2.9.   Production Analysis and Capacity
2.10. Market Investment Opportunity
Analysis (Top Investment Pockets), By Segments & By Region
3.    Â
Global Vertical Farming Market Estimates & Historical Trend Analysis (2019 -
2022)
4.    Â
Global Vertical Farming Market Estimates & Forecast Trend Analysis, by
Farming Type
4.1.   Global Vertical Farming Market Revenue
(US$ Mn) & Sales (Units) Estimates and Forecasts, by Farming Type, 2019 to
2035
4.1.1. Hydroponics
4.1.2. Aeroponics
4.1.3. Aquaponics
5.    Â
Global Vertical Farming Market Estimates & Forecast Trend Analysis, by
Structure
5.1.   Global Vertical Farming Market Revenue
(US$ Mn) & Sales (Units) Estimates and Forecasts, by Structure, 2019 to
2035
5.1.1. Building-based Vertical Farms
5.1.2. Shipping Container-based
Vertical Farms
6.    Â
Global Vertical Farming Market Estimates & Forecast Trend Analysis, by
Technology
6.1.   Global Vertical Farming Market Revenue
(US$ Mn) & Sales (Units) Estimates and Forecasts, by Technology, 2019 to
2035
6.1.1. Lighting (LED, Fluorescent, HPS,
etc.)
6.1.2. Climate Control (HVAC,
Dehumidifiers, etc.)
6.1.3. Sensors (pH sensors, Nutrient
sensors, etc.)
6.1.4. Irrigation Systems
6.1.5. Software (Farm Management
Software, Data Analytics, etc.)
7.    Â
Global Vertical Farming Market Estimates & Forecast Trend Analysis, by
Component
7.1.   Global Vertical Farming Market Revenue
(US$ Mn) & Sales (Units) Estimates and Forecasts, by Component, 2019 to
2035
7.1.1. Hardware
7.1.2. Software
7.1.3. Services (Installation,
Maintenance, Consulting, etc.)
8.    Â
Global Vertical Farming Market Estimates & Forecast Trend Analysis,
by Region
8.1.  Â
Global
Vertical Farming Market Revenue (US$ Mn) & Sales (Units) Estimates and
Forecasts, by Region, 2019 to 2035
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9.    Â
North
America Vertical Farming Market: Estimates & Forecast Trend Analysis
9.1.  Â
North
America Vertical Farming Market Assessments & Key Findings
9.1.1. North America Vertical Farming
Market Introduction
9.1.2. North America Vertical Farming
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
9.1.2.1.  By Farming Type
9.1.2.2.  By Structure
9.1.2.3.  By Technology
9.1.2.4.  By Component
9.1.2.5.  By Country
9.1.2.5.1.    The U.S.
9.1.2.5.1.1.  Â
By Farming Type
9.1.2.5.1.2.  Â
By Structure
9.1.2.5.1.3.  Â
By Technology
9.1.2.5.1.4.  Â
By Component
9.1.2.5.2.    Canada
9.1.2.5.2.1.     Â
By Farming Type
9.1.2.5.2.2.     Â
By Structure
9.1.2.5.2.3.     Â
By Technology
9.1.2.5.2.4.     Â
By Component
9.1.2.5.3.    Mexico
9.1.2.5.3.1.     Â
By Farming Type
9.1.2.5.3.2.     Â
By Structure
9.1.2.5.3.3.     Â
By Technology
9.1.2.5.3.4.     Â
By Component
10. Europe Vertical
Farming Market: Estimates &
Forecast Trend Analysis
10.1. Europe Vertical Farming Market
Assessments & Key Findings
10.1.1.  Europe Vertical Farming Market
Introduction
10.1.2.  Europe Vertical Farming Market
Size Estimates and Forecast (US$ Million) (2019 - 2035)
10.1.2.1.   By Farming Type
10.1.2.2.   By Structure
10.1.2.3.   By Technology
10.1.2.4.   By Component
10.1.2.5.   By Country
10.1.2.5.1. Germany
10.1.2.5.1.1.By
Farming Type
10.1.2.5.1.2.By
Structure
10.1.2.5.1.3.By
Technology
10.1.2.5.1.4.By
Component
10.1.2.5.2. U.K.
10.1.2.5.2.1.By
Farming Type
10.1.2.5.2.2.By
Structure
10.1.2.5.2.3.By
Technology
10.1.2.5.2.4.By
Component
10.1.2.5.3. France
10.1.2.5.3.1. Â
By Farming Type
10.1.2.5.3.2. Â
By Structure
10.1.2.5.3.3. Â
By Technology
10.1.2.5.3.4. Â
By Component
10.1.2.5.4. Italy
10.1.2.5.4.1. Â
By Farming Type
10.1.2.5.4.2. Â
By Structure
10.1.2.5.4.3. Â
By Technology
10.1.2.5.4.4. Â
By Component
10.1.2.5.5. Spain
10.1.2.5.5.1. Â
By Farming Type
10.1.2.5.5.2. Â
By Structure
10.1.2.5.5.3. Â
By Technology
10.1.2.5.5.4. Â
By Component
10.1.2.5.6. Russia
10.1.2.5.6.1. Â
By Farming Type
10.1.2.5.6.2. Â
By Structure
10.1.2.5.6.3. Â
By Technology
10.1.2.5.6.4. Â
By Component
10.1.2.5.7. Rest of Europe
10.1.2.5.7.1. Â
By Farming Type
10.1.2.5.7.2. Â
By Structure
10.1.2.5.7.3. Â
By Technology
10.1.2.5.7.4. Â
By Component
11. Asia Pacific Vertical
Farming Market: Estimates &
Forecast Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1.  Asia Pacific Vertical Farming
Market Introduction
11.1.2.  Asia Pacific Vertical Farming
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
11.1.2.1.   By Farming Type
11.1.2.2.   By Structure
11.1.2.3.   By Technology
11.1.2.4.   By Component
11.1.2.5.   By Country
11.1.2.5.1. China
11.1.2.5.1.1. Â
By Farming Type
11.1.2.5.1.2. Â
By Structure
11.1.2.5.1.3. Â
By Technology
11.1.2.5.1.4. Â
By Component
11.1.2.5.2. Japan
11.1.2.5.2.1. Â
By Farming Type
11.1.2.5.2.2. Â
By Structure
11.1.2.5.2.3. Â
By Technology
11.1.2.5.2.4. Â
By Component
11.1.2.5.3. India
11.1.2.5.3.1. Â
By Farming Type
11.1.2.5.3.2. Â
By Structure
11.1.2.5.3.3. Â
By Technology
11.1.2.5.3.4. Â
By Component
11.1.2.5.4. Australia
11.1.2.5.4.1. Â
By Farming Type
11.1.2.5.4.2. Â
By Structure
11.1.2.5.4.3. Â
By Technology
11.1.2.5.4.4. Â
By Component
11.1.2.5.5. South Korea
11.1.2.5.5.1. Â
By Farming Type
11.1.2.5.5.2. Â
By Structure
11.1.2.5.5.3. Â
By Technology
11.1.2.5.5.4. Â
By Component
11.1.2.5.5.5.  Â
11.1.2.5.6. ASEAN
11.1.2.5.6.1. Â
By Farming Type
11.1.2.5.6.2. Â
By Structure
11.1.2.5.6.3. Â
By Technology
11.1.2.5.6.4. Â
By Component
11.1.2.5.7. Rest of Asia Pacific
11.1.2.5.7.1. Â
By Farming Type
11.1.2.5.7.2. Â
By Structure
11.1.2.5.7.3. Â
By Technology
11.1.2.5.7.4. Â
By Component
12. Middle East & Africa Vertical
Farming Market: Estimates &
Forecast Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1.  Middle
East & Africa Vertical
Farming Market Introduction
12.1.2.  Middle
East & Africa Vertical
Farming Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
12.1.2.1.   By Farming Type
12.1.2.2.   By Structure
12.1.2.3.   By Technology
12.1.2.4.   By Component
12.1.2.5.   By Country
12.1.2.5.1. U.A.E.
12.1.2.5.1.1. Â
By Farming Type
12.1.2.5.1.2. Â
By Structure
12.1.2.5.1.3. Â
By Technology
12.1.2.5.1.4. Â
By Component
12.1.2.5.2. Saudi Arabia
12.1.2.5.2.1. Â
By Farming Type
12.1.2.5.2.2. Â
By Structure
12.1.2.5.2.3. Â
By Technology
12.1.2.5.2.4. Â
By Component
12.1.2.5.3. Egypt
12.1.2.5.3.1. Â
By Farming Type
12.1.2.5.3.2. Â
By Structure
12.1.2.5.3.3. Â
By Technology
12.1.2.5.3.4. Â
By Component
12.1.2.5.4. South Africa
12.1.2.5.4.1. Â
By Farming Type
12.1.2.5.4.2. Â
By Structure
12.1.2.5.4.3. Â
By Technology
12.1.2.5.4.4. Â
By Component
12.1.2.5.5. Rest of Middle East & Africa
12.1.2.5.5.1. Â
By Farming Type
12.1.2.5.5.2. Â
By Structure
12.1.2.5.5.3. Â
By Technology
12.1.2.5.5.4. Â
By Component
13. South America
Vertical Farming Market: Estimates
& Forecast Trend Analysis
13.1. South America Market Assessments
& Key Findings
13.1.1.  South America Vertical Farming
Market Introduction
13.1.2.  South America Vertical Farming
Market Size Estimates and Forecast (US$ Million) (2019 - 2035)
13.1.2.1.   By Farming Type
13.1.2.2.   By Structure
13.1.2.3.   By Technology
13.1.2.4.   By Component
13.1.2.5.   By Country
13.1.2.5.1. Brazil
13.1.2.5.1.1. Â
By Farming Type
13.1.2.5.1.2. Â
By Structure
13.1.2.5.1.3. Â
By Technology
13.1.2.5.1.4. Â
By Component
13.1.2.5.2. Argentina
13.1.2.5.2.1. Â
By Farming Type
13.1.2.5.2.2. Â
By Structure
13.1.2.5.2.3. Â
By Technology
13.1.2.5.2.4. Â
By Component
13.1.2.5.3. Colombia
13.1.2.5.3.1. Â
By Farming Type
13.1.2.5.3.2. Â
By Structure
13.1.2.5.3.3. Â
By Technology
13.1.2.5.3.4. Â
By Component
13.1.2.5.4. Rest of South America
13.1.2.5.4.1. Â
By Farming Type
13.1.2.5.4.2. Â
By Structure
13.1.2.5.4.3. Â
By Technology
13.1.2.5.4.4. Â
By Component
14. Competition Landscape
14.1. Global Vertical Farming Market
Competition Matrix & Benchmarking, by Leading Players / Innovators /
Emerging Players / New Entrants
14.2. Global Vertical Farming Market
Competition White Space Analysis, By Technology
14.3. Global Vertical Farming Market
Competition Heat Map Analysis, By End Use
14.4. Global Vertical Farming Market
Concentration & Company Market Shares (%) Analysis, 2023
15. Company Profiles
15.1.  AeroFarms
(U.S.)
15.1.1.  Company Overview & Key Stats
15.1.2.  Financial Performance & KPIs
15.1.3.  End User Portfolio
15.1.4.  Business Strategy & Recent
Developments
15.1.5.  Technology and Pricing
15.1.6.  Key Suppliers
* Similar details would be provided
for all the players mentioned belowÂ
15.2.     Illumitex, Inc.
(U.S.)
15.3.     American
Hydroponics (U.S.)
15.4.     Agrilution
GmbH
15.5.     Brightfarms
Inc.
15.6.     Everlight
Electronics Co., Ltd.
15.7.     Freight Farms
15.8.     GrowUp Urban
Farms Ltd.
15.9.     Green Sense
Farms, LLC
15.10. Vertical Farm
Systems.
15.11. Others
16. Research
Methodology
16.1. External Transportations /
Databases
16.2. Internal Proprietary Database
16.3. Primary Research
16.4. Secondary Research
16.5. Assumptions
16.6. Limitations
16.7. Report FAQs
17. Research
Findings & Conclusion
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List of Tables
Table 1 Vertical Farming market, 2025 - 2035 (USD
Million & Units)
Table 2 Vertical Farming market by region, 2025 - 2035
(USD Million & Units)
Table 3 Global Vertical Farming market by Type, 2025 -
2035 (USD Million & Units)
Table 4 Global Vertical Farming market by Technology,
2025 - 2035 (USD Million & Units)
Table 5 Global Vertical Farming market by End User,
2025 - 2035 (USD Million & Units)
Table 6 Multi-specialty Systems market revenue, by
region, 2025 - 2035 (USD Million & Units)
Table 7 Single-specialty Systems market by region, 2025
- 2035 (USD Million & Units)
Table 8 Electromechanical Vertical Farmings market by
region, 2025 - 2035 (USD Million & Units)
Table 9 Magnetic-Guided Vertical Farmings market by
region, 2025 - 2035 (USD Million & Units)
Table
10             Hospitals by region, 2025 - 2035 (USD Million &
Units)
Table
11Â Â Â Â Â Â Â Â Â Â Â Â Â Ambulatory Surgical
Centers by region, 2025 - 2035 (USD Million & Units)
Table
12Â Â Â Â Â Â Â Â Â Â Â Â Â Catheterization
Laboratories by region, 2025 - 2035 (USD Million & Units)
Table
13Â Â Â Â Â Â Â Â Â Â Â Â Â North America Vertical
Farming market by Type, 2025 - 2035 (USD Million & Units)
Table
14Â Â Â Â Â Â Â Â Â Â Â Â Â North America Vertical
Farming market by End User, 2025 - 2035 (USD Million & Units)
Table
15Â Â Â Â Â Â Â Â Â Â Â Â Â U.S. Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
16Â Â Â Â Â Â Â Â Â Â Â Â Â U.S. Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
17Â Â Â Â Â Â Â Â Â Â Â Â Â Canada Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
18Â Â Â Â Â Â Â Â Â Â Â Â Â Canada Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
19Â Â Â Â Â Â Â Â Â Â Â Â Â Mexico Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
20Â Â Â Â Â Â Â Â Â Â Â Â Â Mexico Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
21Â Â Â Â Â Â Â Â Â Â Â Â Â Europe Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
22Â Â Â Â Â Â Â Â Â Â Â Â Â Europe Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
23Â Â Â Â Â Â Â Â Â Â Â Â Â U.K. Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
24Â Â Â Â Â Â Â Â Â Â Â Â Â U.K. Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
25Â Â Â Â Â Â Â Â Â Â Â Â Â Germany Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
26Â Â Â Â Â Â Â Â Â Â Â Â Â Germany Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
27Â Â Â Â Â Â Â Â Â Â Â Â Â France Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
28Â Â Â Â Â Â Â Â Â Â Â Â Â Table66 France Vertical
Farming market by End User, 2025 - 2035 (USD Million & Units)
Table
29Â Â Â Â Â Â Â Â Â Â Â Â Â Asia-Pacific Vertical
Farming market by Type, 2025 - 2035 (USD Million & Units)
Table
30Â Â Â Â Â Â Â Â Â Â Â Â Â Asia-Pacific Vertical
Farming market by End User, 2025 - 2035 (USD Million & Units)
Table
31Â Â Â Â Â Â Â Â Â Â Â Â Â China Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
32Â Â Â Â Â Â Â Â Â Â Â Â Â China Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
33Â Â Â Â Â Â Â Â Â Â Â Â Â Japan Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
34Â Â Â Â Â Â Â Â Â Â Â Â Â Japan Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
35Â Â Â Â Â Â Â Â Â Â Â Â Â India Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
36Â Â Â Â Â Â Â Â Â Â Â Â Â India Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
37Â Â Â Â Â Â Â Â Â Â Â Â Â South America Vertical
Farming market by Type, 2025 - 2035 (USD Million & Units)
Table
38Â Â Â Â Â Â Â Â Â Â Â Â Â South America Vertical
Farming market by End User, 2025 - 2035 (USD Million & Units)
Table
39Â Â Â Â Â Â Â Â Â Â Â Â Â Brazil Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
40Â Â Â Â Â Â Â Â Â Â Â Â Â Brazil Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
41Â Â Â Â Â Â Â Â Â Â Â Â Â MEA Vertical Farming
market by Type, 2025 - 2035 (USD Million & Units)
Table
42Â Â Â Â Â Â Â Â Â Â Â Â Â MEA Vertical Farming
market by End User, 2025 - 2035 (USD Million & Units)
Table
43             Company categorization           Â
Â
List of Figures
Fig 1Â Â Â Â Â Vertical Farming Market Segmentation
Fig 2Â Â Â Â Â Vertical Farming Market Report Scope
Fig 3Â Â Â Â Â Vertical Farming Market Size (Revenue in
USD Million & Units) 2025-2035
Fig 4Â Â Â Â Â Vertical Farming Market Analysis - Market
Dynamics
Fig 5Â Â Â Â Â Vertical Farming Market Size and Growth
Prospects (Revenue in USD Million & Units) 2025-2035
Fig 6Â Â Â Â Â Vertical Farming Market - Value Chain
Analysis
Fig 7Â Â Â Â Â Vertical Farming Market Analysis -
Porter’s
Fig 8Â Â Â Â Â Vertical Farming Market Analysis - PEST
Fig 9     Vertical Farming Market – Type Analysis
Fig 10Â Â Vertical Farming Market - End User Analysis
Fig 11  Vertical Farming Market – End Use Analysis
Fig 12Â Â Regional Marketplace: Key Takeaways
Fig 13Â Â Vertical Farming Market - Regional Analysis
Fig 14Â Â North America - Key Takeaways
Fig 15Â Â Europe - Key Takeaways
Fig 16Â Â Asia Pacific - Key Takeaways
Fig 17Â Â South America - Key Takeaways
Fig 18Â Â South America - Key Takeaways
Fig 19Â Â Vertical Farming Market - Key Company Market
Share Analysis, 2025
Fig 20Â Â Vertical Farming Market - Market Position
Analysis
Fig 21Â Â Vertical Farming Market - Competitive Dashboard
Analysis
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Market Research Process
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
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Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
The estimated cost of setting up a vertical farming facility can vary widely depending on scale, location, and technology used. A small-scale vertical farm with basic infrastructure and lighting systems can range from $50,000 to $100,000. Medium-scale operations, incorporating advanced climate control, automated systems, and LED lighting, typically cost between $100,000 to $500,000.
Vertical Farming market size was valued at USD 6.7 billion in 2023 and is estimated to reach a value of USD 86.7 billion by 2035 with a CAGR of 24.1% during the forecast period 2024-2035.
Only Three Thousand Four Hundred Ninety Nine US dollar
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