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 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 vertical farming market in Latin America was estimated to amount to 1.31 billion U.S. dollars in 2024. By 2029, this market is forecast to reach 3.39 billion dollars, following a compound annual growth rate (CAGR) of approximately 21 percent in the period. Vertical farming, frequently used in urban agriculture, refers to crop production in vertically stacked levels, commonly incorporating practices such as aquaponics, hydroponics, and aeroponics.

Indoor farming is a method of crop production that can yield products year-round and optimizes space through its use of vertically stacked layers. As of 2022, the global market for indoor farming was valued at about 40 billion U.S. dollars. This value is expected to increase by over ten percent by 2032, reaching just about 96.7 billion U.S. dollars.

Global Market Share by Key Players

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 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 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.

Available data formats for the North America Indoor Farming Market Size, Share, Opportunities, And Trends By Growing System (Hardware Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), By Component (Hardware, Software, Services), By Facility Type (Grass Or Poly Greenhouse, Indoor Vertical Farm, Container Farm, Indoor DWC System), By Crop Type (Fruits And Vegetables, Herbs And Microgreens, Flowers And Ornamentals, Others), And By Geography - Forecasts From 2024 To 2029 report.

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 Europe Indoor Farming Market Report is Segmented by Facility Type (Greenhouses, Vertical Farms, and More), by Growing System (Hydroponics, Aeroponics, and More), by Component (Hardware, Software, and More), by Crop Type (Fruits and Vegetables, Herbs, and More), and by Geography (Germany, Netherlands, France, United Kingdom, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Mexico Vertical Farming Market Report is Segmented by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), by Structure (Building-Based Vertical Farms and Shipping-Container-Based Vertical Farms), by Components (Lighting, Climate Control, Sensors, and Other Components), and by Crop Types (Tomato, Berries, Lettuce and Leafy Vegetables, Pepper, and More). The Market Forecasts are Provided in Terms of Value (USD).

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.

According to Cognitive Market Research, the global Vertical Farming Market size was XX million by 2030, whereas its compound annual growth rate (CAGR) was 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 of vert...

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. .

Available data formats for the Canada Indoor Farming Market Size, Share, Opportunities, And Trends By Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), By Component (Hardware, Software and Services), By Facility Type (Glass or Poly Greenhouse, Indoor Vertical Farm, Container Farm, Indoor DWC System), And By Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, Others) - Forecasts From 2023 To 2028 report.

LED grow lights are very beneficial for indoor farming and can offer a large amount of customization for farmers' specific needs with a low energy requirement. The LED grow lights with below 300 watt are projected to hold the majority of the global market share by 2035.

The Vertical Farming Market Report is Segmented by Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), by Structure (Buidling-Based Vertical Farms and More), by Components (Lightning, Sensors, Climate Control, and More), by Crop (Tomato, Berries, Pepper, Cucumber, and More), and by Geography (North America, South America, Asia-Pacific, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Vertical Farming Market size is expected to reach USD 47.0 Mn by 2032, from USD 21.55 Mn in 2025, exhibiting a CAGR of 11.78% during the forecast period.