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Vertical Farming Market 2025-2029

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    Report

  • 218 Pages
  • June 2025
  • Region: Global
  • TechNavio
  • ID: 5600491
1h Free Analyst Time
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The vertical farming market is forecasted to grow by USD 13.71 billion 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.

The 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
A robust vendor analysis within the report 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 report 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.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Technique
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Vertical Farming Market 2019 - 2023
Historic Market Size - Data Table on Global Vertical Farming Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Technique segment analysis 2019 - 2023
Historic Market Size - Technique Segment 2019 - 2023 ($ million)
5.4 Component segment analysis 2019 - 2023
Historic Market Size - Component Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Global Vertical Farming Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Tomato - Market size and forecast 2024-2029
Chart on Tomato - Market size and forecast 2024-2029 ($ million)
Data Table on Tomato - Market size and forecast 2024-2029 ($ million)
Chart on Tomato - Year-over-year growth 2024-2029 (%)
Data Table on Tomato - Year-over-year growth 2024-2029 (%)
8.4 Lettuce - Market size and forecast 2024-2029
Chart on Lettuce - Market size and forecast 2024-2029 ($ million)
Data Table on Lettuce - Market size and forecast 2024-2029 ($ million)
Chart on Lettuce - Year-over-year growth 2024-2029 (%)
Data Table on Lettuce - Year-over-year growth 2024-2029 (%)
8.5 Bell and chili pepper - Market size and forecast 2024-2029
Chart on Bell and chili pepper - Market size and forecast 2024-2029 ($ million)
Data Table on Bell and chili pepper - Market size and forecast 2024-2029 ($ million)
Chart on Bell and chili pepper - Year-over-year growth 2024-2029 (%)
Data Table on Bell and chili pepper - Year-over-year growth 2024-2029 (%)
8.6 Strawberry - Market size and forecast 2024-2029
Chart on Strawberry - Market size and forecast 2024-2029 ($ million)
Data Table on Strawberry - Market size and forecast 2024-2029 ($ million)
Chart on Strawberry - Year-over-year growth 2024-2029 (%)
Data Table on Strawberry - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Technique
9.1 Market segments
Chart on Technique - Market share 2024-2029 (%)
Data Table on Technique - Market share 2024-2029 (%)
9.2 Comparison by Technique
Chart on Comparison by Technique
Data Table on Comparison by Technique
9.3 Indoor vertical farming - Market size and forecast 2024-2029
Chart on Indoor vertical farming - Market size and forecast 2024-2029 ($ million)
Data Table on Indoor vertical farming - Market size and forecast 2024-2029 ($ million)
Chart on Indoor vertical farming - Year-over-year growth 2024-2029 (%)
Data Table on Indoor vertical farming - Year-over-year growth 2024-2029 (%)
9.4 Greenhouse vertical farming - Market size and forecast 2024-2029
Chart on Greenhouse vertical farming - Market size and forecast 2024-2029 ($ million)
Data Table on Greenhouse vertical farming - Market size and forecast 2024-2029 ($ million)
Chart on Greenhouse vertical farming - Year-over-year growth 2024-2029 (%)
Data Table on Greenhouse vertical farming - Year-over-year growth 2024-2029 (%)
9.5 Hybrid systems - Market size and forecast 2024-2029
Chart on Hybrid systems - Market size and forecast 2024-2029 ($ million)
Data Table on Hybrid systems - Market size and forecast 2024-2029 ($ million)
Chart on Hybrid systems - Year-over-year growth 2024-2029 (%)
Data Table on Hybrid systems - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Technique
Market opportunity by Technique ($ million)
Data Table on Market opportunity by Technique ($ million)
10 Market Segmentation by Component
10.1 Market segments
Chart on Component - Market share 2024-2029 (%)
Data Table on Component - Market share 2024-2029 (%)
10.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
10.3 Lighting systems - Market size and forecast 2024-2029
Chart on Lighting systems - Market size and forecast 2024-2029 ($ million)
Data Table on Lighting systems - Market size and forecast 2024-2029 ($ million)
Chart on Lighting systems - Year-over-year growth 2024-2029 (%)
Data Table on Lighting systems - Year-over-year growth 2024-2029 (%)
10.4 Climate control systems - Market size and forecast 2024-2029
Chart on Climate control systems - Market size and forecast 2024-2029 ($ million)
Data Table on Climate control systems - Market size and forecast 2024-2029 ($ million)
Chart on Climate control systems - Year-over-year growth 2024-2029 (%)
Data Table on Climate control systems - Year-over-year growth 2024-2029 (%)
10.5 Irrigation systems - Market size and forecast 2024-2029
Chart on Irrigation systems - Market size and forecast 2024-2029 ($ million)
Data Table on Irrigation systems - Market size and forecast 2024-2029 ($ million)
Chart on Irrigation systems - Year-over-year growth 2024-2029 (%)
Data Table on Irrigation systems - Year-over-year growth 2024-2029 (%)
10.6 Sensors and monitoring devices - Market size and forecast 2024-2029
Chart on Sensors and monitoring devices - Market size and forecast 2024-2029 ($ million)
Data Table on Sensors and monitoring devices - Market size and forecast 2024-2029 ($ million)
Chart on Sensors and monitoring devices - Year-over-year growth 2024-2029 (%)
Data Table on Sensors and monitoring devices - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Component
Market opportunity by Component ($ million)
Data Table on Market opportunity by Component ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.11 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.12 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.13 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.14 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.15 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 AS GIRI AND AQUA LLP
AS GIRI AND AQUA LLP - Overview
AS GIRI AND AQUA LLP - Product/Service
AS GIRI AND AQUA LLP - Key offerings
SWOT
15.5 Bowery Farming Inc.
Bowery Farming Inc. - Overview
Bowery Farming Inc. - Product/Service
Bowery Farming Inc. - Key offerings
SWOT
15.6 Dream Harvest Farming Company LLC
Dream Harvest Farming Company LLC - Overview
Dream Harvest Farming Company LLC - Product/Service
Dream Harvest Farming Company LLC - Key offerings
SWOT
15.7 Eataly Net USA LLC
Eataly Net USA LLC - Overview
Eataly Net USA LLC - Product/Service
Eataly Net USA LLC - Key offerings
SWOT
15.8 Elevate Farms
Elevate Farms - Overview
Elevate Farms - Product/Service
Elevate Farms - Key offerings
SWOT
15.9 Hortifrut SA
Hortifrut SA - Overview
Hortifrut SA - Business segments
Hortifrut SA - Key offerings
Hortifrut SA - Segment focus
SWOT
15.10 Kalera Inc
Kalera Inc - Overview
Kalera Inc - Product/Service
Kalera Inc - Key offerings
SWOT
15.11 Nordic Harvest AS
Nordic Harvest AS - Overview
Nordic Harvest AS - Product/Service
Nordic Harvest AS - Key offerings
SWOT
15.12 Plenty Unlimited Inc.
Plenty Unlimited Inc. - Overview
Plenty Unlimited Inc. - Product/Service
Plenty Unlimited Inc. - Key offerings
SWOT
15.13 SPREAD Co. Ltd.
SPREAD Co. Ltd. - Overview
SPREAD Co. Ltd. - Product/Service
SPREAD Co. Ltd. - Key offerings
SWOT
15.14 Upward Enterprises Inc.
Upward Enterprises Inc. - Overview
Upward Enterprises Inc. - Product/Service
Upward Enterprises Inc. - Key offerings
SWOT
15.15 URBAN GREEN FATE FARMS
URBAN GREEN FATE FARMS - Overview
URBAN GREEN FATE FARMS - Product/Service
URBAN GREEN FATE FARMS - Key offerings
SWOT
15.16 Vertical Harvest
Vertical Harvest - Overview
Vertical Harvest - Product/Service
Vertical Harvest - Key offerings
SWOT
15.17 Vertical Roots
Vertical Roots - Overview
Vertical Roots - Product/Service
Vertical Roots - Key offerings
SWOT
15.18 Village Farms International Inc.
Village Farms International Inc. - Overview
Village Farms International Inc. - Business segments
Village Farms International Inc. - Key offerings
Village Farms International Inc. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Technique
Exhibits 7: Executive Summary - Chart on Market Segmentation by Component
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Vertical Farming Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Product Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Technique Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Component Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Product - Market share 2024-2029 (%)
Exhibits 39: Data Table on Product - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Product
Exhibits 41: Data Table on Comparison by Product
Exhibits 42: Chart on Tomato - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Tomato - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Tomato - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Tomato - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Lettuce - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Lettuce - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Lettuce - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Lettuce - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Bell and chili pepper - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Bell and chili pepper - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Bell and chili pepper - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Bell and chili pepper - Year-over-year growth 2024-2029 (%)
Exhibits 54: Chart on Strawberry - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Data Table on Strawberry - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Chart on Strawberry - Year-over-year growth 2024-2029 (%)
Exhibits 57: Data Table on Strawberry - Year-over-year growth 2024-2029 (%)
Exhibits 58: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 60: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 61: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 62: Market opportunity by Product ($ million)
Exhibits 63: Data Table on Market opportunity by Product ($ million)
Exhibits 64: Chart on Technique - Market share 2024-2029 (%)
Exhibits 65: Data Table on Technique - Market share 2024-2029 (%)
Exhibits 66: Chart on Comparison by Technique
Exhibits 67: Data Table on Comparison by Technique
Exhibits 68: Chart on Indoor vertical farming - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Indoor vertical farming - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Indoor vertical farming - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Indoor vertical farming - Year-over-year growth 2024-2029 (%)
Exhibits 72: Chart on Greenhouse vertical farming - Market size and forecast 2024-2029 ($ million)
Exhibits 73: Data Table on Greenhouse vertical farming - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Chart on Greenhouse vertical farming - Year-over-year growth 2024-2029 (%)
Exhibits 75: Data Table on Greenhouse vertical farming - Year-over-year growth 2024-2029 (%)
Exhibits 76: Chart on Hybrid systems - Market size and forecast 2024-2029 ($ million)
Exhibits 77: Data Table on Hybrid systems - Market size and forecast 2024-2029 ($ million)
Exhibits 78: Chart on Hybrid systems - Year-over-year growth 2024-2029 (%)
Exhibits 79: Data Table on Hybrid systems - Year-over-year growth 2024-2029 (%)
Exhibits 80: Market opportunity by Technique ($ million)
Exhibits 81: Data Table on Market opportunity by Technique ($ million)
Exhibits 82: Chart on Component - Market share 2024-2029 (%)
Exhibits 83: Data Table on Component - Market share 2024-2029 (%)
Exhibits 84: Chart on Comparison by Component
Exhibits 85: Data Table on Comparison by Component
Exhibits 86: Chart on Lighting systems - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Lighting systems - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Lighting systems - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Lighting systems - Year-over-year growth 2024-2029 (%)
Exhibits 90: Chart on Climate control systems - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Data Table on Climate control systems - Market size and forecast 2024-2029 ($ million)
Exhibits 92: Chart on Climate control systems - Year-over-year growth 2024-2029 (%)
Exhibits 93: Data Table on Climate control systems - Year-over-year growth 2024-2029 (%)
Exhibits 94: Chart on Irrigation systems - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Data Table on Irrigation systems - Market size and forecast 2024-2029 ($ million)
Exhibits 96: Chart on Irrigation systems - Year-over-year growth 2024-2029 (%)
Exhibits 97: Data Table on Irrigation systems - Year-over-year growth 2024-2029 (%)
Exhibits 98: Chart on Sensors and monitoring devices - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Data Table on Sensors and monitoring devices - Market size and forecast 2024-2029 ($ million)
Exhibits 100: Chart on Sensors and monitoring devices - Year-over-year growth 2024-2029 (%)
Exhibits 101: Data Table on Sensors and monitoring devices - Year-over-year growth 2024-2029 (%)
Exhibits 102: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 104: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 105: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 106: Market opportunity by Component ($ million)
Exhibits 107: Data Table on Market opportunity by Component ($ million)
Exhibits 108: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 109: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 110: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 111: Chart on Geographic comparison
Exhibits 112: Data Table on Geographic comparison
Exhibits 113: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 157: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 158: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 159: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 160: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 161: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 162: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 163: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 164: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 165: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 166: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 167: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 168: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 169: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 170: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 171: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 172: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 173: Market opportunity By Geographical Landscape ($ million)
Exhibits 174: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 175: Impact of drivers and challenges in 2024 and 2029
Exhibits 176: Overview on criticality of inputs and factors of differentiation
Exhibits 177: Overview on factors of disruption
Exhibits 178: Impact of key risks on business
Exhibits 179: Companies covered
Exhibits 180: Company ranking index
Exhibits 181: Matrix on companies position and classification
Exhibits 182: AS GIRI AND AQUA LLP - Overview
Exhibits 183: AS GIRI AND AQUA LLP - Product / Service
Exhibits 184: AS GIRI AND AQUA LLP - Key offerings
Exhibits 185: SWOT
Exhibits 186: Bowery Farming Inc. - Overview
Exhibits 187: Bowery Farming Inc. - Product / Service
Exhibits 188: Bowery Farming Inc. - Key offerings
Exhibits 189: SWOT
Exhibits 190: Dream Harvest Farming Company LLC - Overview
Exhibits 191: Dream Harvest Farming Company LLC - Product / Service
Exhibits 192: Dream Harvest Farming Company LLC - Key offerings
Exhibits 193: SWOT
Exhibits 194: Eataly Net USA LLC - Overview
Exhibits 195: Eataly Net USA LLC - Product / Service
Exhibits 196: Eataly Net USA LLC - Key offerings
Exhibits 197: SWOT
Exhibits 198: Elevate Farms - Overview
Exhibits 199: Elevate Farms - Product / Service
Exhibits 200: Elevate Farms - Key offerings
Exhibits 201: SWOT
Exhibits 202: Hortifrut SA - Overview
Exhibits 203: Hortifrut SA - Business segments
Exhibits 204: Hortifrut SA - Key offerings
Exhibits 205: Hortifrut SA - Segment focus
Exhibits 206: SWOT
Exhibits 207: Kalera Inc - Overview
Exhibits 208: Kalera Inc - Product / Service
Exhibits 209: Kalera Inc - Key offerings
Exhibits 210: SWOT
Exhibits 211: Nordic Harvest AS - Overview
Exhibits 212: Nordic Harvest AS - Product / Service
Exhibits 213: Nordic Harvest AS - Key offerings
Exhibits 214: SWOT
Exhibits 215: Plenty Unlimited Inc. - Overview
Exhibits 216: Plenty Unlimited Inc. - Product / Service
Exhibits 217: Plenty Unlimited Inc. - Key offerings
Exhibits 218: SWOT
Exhibits 219: SPREAD Co. Ltd. - Overview
Exhibits 220: SPREAD Co. Ltd. - Product / Service
Exhibits 221: SPREAD Co. Ltd. - Key offerings
Exhibits 222: SWOT
Exhibits 223: Upward Enterprises Inc. - Overview
Exhibits 224: Upward Enterprises Inc. - Product / Service
Exhibits 225: Upward Enterprises Inc. - Key offerings
Exhibits 226: SWOT
Exhibits 227: URBAN GREEN FATE FARMS - Overview
Exhibits 228: URBAN GREEN FATE FARMS - Product / Service
Exhibits 229: URBAN GREEN FATE FARMS - Key offerings
Exhibits 230: SWOT
Exhibits 231: Vertical Harvest - Overview
Exhibits 232: Vertical Harvest - Product / Service
Exhibits 233: Vertical Harvest - Key offerings
Exhibits 234: SWOT
Exhibits 235: Vertical Roots - Overview
Exhibits 236: Vertical Roots - Product / Service
Exhibits 237: Vertical Roots - Key offerings
Exhibits 238: SWOT
Exhibits 239: Village Farms International Inc. - Overview
Exhibits 240: Village Farms International Inc. - Business segments
Exhibits 241: Village Farms International Inc. - Key offerings
Exhibits 242: Village Farms International Inc. - Segment focus
Exhibits 243: SWOT
Exhibits 244: Inclusions checklist
Exhibits 245: Exclusions checklist
Exhibits 246: Currency conversion rates for US$
Exhibits 247: Research methodology
Exhibits 248: Information sources
Exhibits 249: Data validation
Exhibits 250: Validation techniques employed for market sizing
Exhibits 251: Data synthesis
Exhibits 252: 360 degree market analysis
Exhibits 253: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global vertical farming market: 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..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing concerns regarding environment impact."

According to the report, one of the major drivers for this market is the need to meet rising demand for food products.

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 and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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
  • Village Farms International Inc.