Vertical Farming Industry Overview The global vertical farming market size was valued at USD 6.92 billion in 2023 and is expected to grow at a CAGR of 20.1% from 2023 to 2030. Market growth is attributed to the growing adoption of environment-friendly production of fruits and vegetables. Unprecedented growth of the global population has increased the demand for urban agriculture. Gather more...

The global vertical farming market was valued at USD 6.92 billion in 2023, with a projected compound annual growth rate (CAGR) of 20.1% from 2023 to 2030. This rapid growth is attributed to the increasing adoption of environment-friendly methods for producing fruits and vegetables. As the global population continues to rise, urban agriculture has become essential to meet the demand for food in...

Market Overview The Vertical Farming market is projected to reach $43.88 billion by 2032, growing at a CAGR of 22.6% from 2025 to 2032. The market is driven by the decreasing availability of arable land, the need to enhance crop yield, population growth, urbanization, and the rising demand for chemical-free fruits and vegetables. However, factors such as the high capital investment required...