The Indoor Farming Market Report is Segmented by Growing System (Aeroponics, Hydroponics, Aquaponics, and More), by Facility Type (Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, and More), by Crop Type (Fruits and Vegetables, Herbs and Microgreens, and More), and by Geography (North America, Europe, South America, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

The global indoor farming market is expected to be expanded from USD 49.4 billion in 2025 to USD 108.6 billion by 2035, growing at a CAGR of 10.1%.

Segment-wise Analysis

Country-wise CAGR (2025 to 2035)

The global Indoor Farming Market size is expected to reach USD 45.23 Billion in 2032 registering a CAGR of 9.8%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

The North America Indoor Farming Market report segments the industry into Growing System (Aeroponics, Hydroponics, Aquaponics, Soil-based, Hybrid), Facility Type (Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Culture Systems, and more), Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, and more) and Geography (United States, Canada, and more).

The global vertical farming market has been steadily growing over the last years as population size increase and living in urban cities become more popular. In 2022, the vertical farming market reached some *** billion U.S. dollars, but the market value is expected to increase to over ** billion U.S. dollars by 2032. Being able to use vertical space and reducing the need for additional land and construction activity contributes to the appeal of vertical farming in large cities. Demand for vertical farming is expected to increase largely due to the popularity of organic food. Farming, how? Vertical farming occurs in a closed environment where plants are grown on shelves to minimize the space required for growth. Crops and medicinal plants can be grown in stacked layers in skyscrapers, warehouses, or shipping containers, among other receptacles. Vertical farming pushes away reliance on weather, skilled labor, and high soil fertility and water consumption. It allows for a more consistent and reliable yield throughout the year and minimizes the chance of negative external effects such as disease or pests. Monitoring technologies are also available to track plant growth and harvesting. However, as many vertical farming technologies are still in their infancy, this could contribute to negative market growth. The vertical farming market is most prominent in the Asia Pacific region and North America.

The Japan indoor farming market size reached USD 1,336.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,951.6 Million by 2033, exhibiting a growth rate (CAGR) of 9.2% during 2025-2033. The limited availability of fertile land, harsh weather conditions that make traditional farming challenging, and rising interest in sustainability to promote environmental health represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the Japan indoor farming market report, along with forecasts from 2025-2033. Our report has categorized the market based on facility type, crop type, component, and growing system.

The United States Vertical Farming Market Report is Segmented by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), by Structure (Building-Based Vertical Farms, Shipping-Container Farms, and More), and by Crop Type (Leafy Greens, Herbs and Microgreens, and More). The Market Forecasts are Provided in Terms of Value (USD).

The US Vertical Farming Market size was valued at USD 3.56 Million in 2023 and is projected to reach USD 7.30 Million by 2032, exhibiting a CAGR of 10.80 % during the forecasts periods. The US vertical farming market is experiencing significant growth due to the increasing demand for sustainable agriculture and fresh, locally grown produce. Vertical farming features innovative growing systems that utilize stacked layers, advanced hydroponics, and LED lighting to optimize space and resources. Key applications include the cultivation of leafy greens, herbs, and microgreens. The market is segmented by type into hydroponics, aeroponics, and aquaponics, with hydroponics being the most prevalent. Cutting-edge technologies such as IoT, AI, and automation enhance productivity and efficiency. The impact of vertical farming includes reduced water usage, minimal land requirement, and decreased transportation emissions. Advantages encompass year-round crop production, higher yield per square foot, and enhanced food security, positioning vertical farming as a critical component of the future agricultural landscape. Recent developments include: August 2023: Plenty Unlimited Inc., a San Francisco-based company, began construction on a vertical indoor farming campus that, when completed, is likely to be the largest such operation in the world. The campus, to be developed in phases totaling USD 300 million, will sit on 120 acres in the Meadowville Technology Park., February 2022: Aero Farms announced a new tomato research partnership with FFAR and the University of Florida to provide vertical farms with a path to growing high-yielding crops that produce flavored tomatoes in environmental conditions., January 2022: Plenty and Walmart announced the long-term investment to bring fresh, peak-flavor produce to shoppers year-round.. Key drivers for this market are: Seed Treatment As A Solution To Enhance Yield, Growing Awareness For Seed Treatment Among The Farmers; Rising Trend Of Organic Farming. Potential restraints include: Limitations Across Farm-Level Seed Treatment, Rising Environmental Concerns. Notable trends are: The Hydroponics Segment Dominates the Market.

Global Market Share by Key Players

According to Cognitive Market Research, the global Vertical Farming Market size will be XX million by 2030, whereas its compound annual growth rate (CAGR) will be XX% from 2024 to 2031.

North America held the largest share of the global Vertical Farming market around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Europe accounted for a share of over XX% of the global market size of USD XX million.
Asia Pacific held a market share of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
The Latin American market is around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Middle East and Africa held the major market of around XX% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.

Market Dynamics of Vertical Farming Market

Key Drivers for Vertical Farming Market

Vertical farming has advantages over conventional farming: Among the many challenges facing the global agriculture industry are a lack of arable land to supply the projected demand for food and the adverse environmental effects of deforestation, which include desertification and flooding. However, because of its potential advantages, vertical farming is expected to be much more important than conventional farming in meeting the world's increasing food needs while having a smaller environmental impact. A growing method designed to withstand weather and climate is vertical farming. Consistent quality, predictable output, and year-round crop production for human and livestock consumption are the advantages of vertical farming. Compared to conventional farming, more crops may be grown annually in a considerably smaller area because of vertical farming's rapid growth cycles and harvests. One of the highest-yielding vertical farms grows more than 350 times as much crop per square yard as a traditional farm. Vertical farms create an order-based farm-to-table system in urban environments, greatly lowering food waste, packaging, and fuel usage in food transportation. The industry is expanding because vertical farming is more effective and productive than conventional farming.

The market for vertical farming is greatly increased with the introduction of Light-Emitting Diode (LEDs): Rising in prominence is vertical farming, which mostly operates without the usage of sunlight, like hydroponics, aquaponics, recirculating aquaculture systems, greenhouses, and living space farming. Smart agriculture and technology advancements are accountable for high-tech farmers using LED lights to cultivate their crops. In vertical farming, where sunlight is not available, a high number of crops are cultivated in small, claustrophobic spaces, and LED lights help to transfer energy to them. Additionally, these LED lights can increase the crops' shelf life. The advancements in LED technology in recent years have been the main driving force behind the emergence of vertical farming. Indoor grow rooms that required artificial lighting were pricy for over a couple of decades. Farmers used to grow just the most profitable crops, like marijuana, as a result. But these days, LEDs are becoming so cheap and effective that they are completely changing the economics of vertical farming. As a result, improvements in LED technology support market growth.

Restraint of the Vertical Farming Market

Overhead expenses related to operations and maintenance may harm the market: Building a vertical farm is expensive and largely depends on the materials chosen. It makes up a large portion of the initial costs. The initial expenses are dependent upon the crop-growing technique employed, including hydroponic, aeroponics, and aquaponics systems. For example, large-scale commercial hydroponic farming is usually more cost-effective than other medium- and small-scale businesses. Water pipes, shelving units, pumps, lighting, and climate control technology are a few examples of equipment. In addition, plenty of factors, including labor expenses, pollination, reliance on technology, and no defined economics, influence the operating and maintenance costs...

The U.S. Indoor Farming Market size was valued at USD 4.40 billion in 2023 and is projected to reach USD 9.67 billion by 2032, exhibiting a CAGR of 11.9 % during the forecasts period. This evidence indicates that the U. S. indoor farming market is expanding as the population evolves to require an adequate method of food sustenance. Agriculture that is conducted in controlled environments such as closed structures, green houses, hydroponics, aeration, and aqua ponds. It makes it possible to harvest all around the year, increased production and little or no use of water in production as compared to normal farming. Application include cultivation of vegetables and fruits, herbs in the urban setting, which can be either in vertical farming or in the greenhouse. Uses cover such areas as local food supply, special crops, among others. Some of the major trends that the current market has witnessed are; the development of AI and IoT for better farming or cropping, progress in lighting solution for plant i. e. LED lighting and shifting towards on professional, organic farming and pest-free mode of cultivation. With the increase in concern over the freshness of food and the local food security, indoor farming is a viable solution in realizing these needs. Recent developments include: In March 2023, Elevate Farms announced the commencement of operations at its first wholly-owned US farm, located in Orange, New Jersey ("Elevate New Jersey"). The entire Elevate New Jersey facility measures 14,000 square feet which includes 4,750 square feet of unmanned, fully autonomous, grow room space along with processing, packaging, and administration. The farm can produce up to 11,000,000 plants, or equal to 500,000 pounds of plants, annually. , In January 2024, Forever Feed Technologies, announced a definitive agreement with Dr. Greenhouse, Inc., to design the controlled environment for an enterprise-scale indoor feed mill at the River Ranch Dairy in Hanford, California. The feed mill will grow Automated Sprouted Grain (ASG) to enrich the diets of over 5,000 dairy cows. FFT anticipates the indoor feed mill will begin production in late 2024. .

India Indoor Farming Market 2029, By Farming Technique, By Facility Type, By Component, By Crop Type, By Region, Competition, Forecast and Opportunities

The Canada Indoor Farming Market report segments the industry into Growing System (Aeroponics, Hydroponics, Aquaponics, Soil-based, Hybrid), Facility Type (Glass or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep Water Culture Systems, Other Facility Types), and Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, Other Crop Types).

The Mexico Vertical Farming Market report segments the industry into Growth Mechanism (Aeroponics, Hydroponics, Aquaponics), Structure (Building-Based Vertical Farms, Shipping Container-Based Vertical Farms), Components (Lighting, Climate Control, Sensors, Other Components), and Crop Types (Tomato, Berries, Lettuce and Leafy Vegetables, Pepper, Cucumber, Microgreens, Other Crop Types).

As of 2021, fruits and vegetables were the most valuable crop in the indoor farming market. Fruits and vegetables were valued at about *** billion U.S. dollars, compared to medicinal crops, which were valued at only about *** million U.S. dollars. The value of medicinal crops in the indoor farming market is expected to almost quadruple by 2027, exceeding *** billion U.S. dollars.

The Global Indoor Farming is growing day by day practiced in urban areas owing to limited space for farming. Indoor farming size, market analysis, Market Revenue, trends and growth opportunities till 2027

This statistic displays some key information on the indoor farming market in the United States as of 2016. In this year, there were some ** thousand indoor farms covering over *** billion square feet in growing area within the U.S.

Indoor Farming Market size was valued at USD 119.41 Million in 2024 and is projected to reach USD 144.24 USD Million by 2031, growing at a CAGR of 2.39% during the forecast period 2024-2031.

Indoor Farming Market: Definition/ Overview Indoor farming, also known as controlled environment agriculture, refers to the practice of growing crops in enclosed environments, such as greenhouses or vertical farms, where factors like temperature, light, humidity, and nutrients are precisely controlled to optimize plant growth. This innovative approach allows for year-round production of a variety of crops, including fruits, vegetables, and herbs, independent of external weather conditions and geographical limitations. The future of indoor farming is promising, as advancements in technology, such as hydroponics, aeroponics, and artificial intelligence, are driving efficiencies and sustainability, enabling higher yields with reduced resource consumption. With increasing consumer demand for fresh, locally sourced produce and a growing focus on food security, the indoor farming sector is expected to expand significantly, providing solutions to urban food challenges and contributing to more sustainable agricultural practices.

Global Indoor Farming Technology Market size and share is estimated to be USD 34.19 billion by 2030, with a CAGR of 9.0% during the forecast period.

This statistic displays the revenue share of indoor farming worldwide in 2024, by technology. In that year, hydroponics held about ** percent share of the global indoor farming market.