Published by VLMS GLOBAL Consulting INC
Posted on September 29, 2021
6 min readLast updated: February 1, 2026
The Vertical Farming Market is projected to grow from USD 3.84 Billion in 2020 to USD 20.52 Billion by 2028, driven by key players like Signify and AeroFarms LLC.
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Vertical Farming Market size was valued at USD 3.84 Billion in 2020 and is projected to reach USD 20.52 Billion by 2028, growing at a CAGR of 23.33% from 2021 to 2028.
Vertical Farming Market Reports provide a detailed analysis of current market conditions, market players, regions, types, and applications. The report provides a detailed assessment of growth engines, market descriptions, manufacturers, market potential, future demands in the world, and trends influencing them to understand the outlook for the world. This study provides information on the size of the customer experience, market share, business share, sales, and sales for the 2028 forecast and recent time periods. Market research emphasizes key segments and sub-segmentations and provides meaningful information to help readers make the right business decisions.
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The report conducted an extensive survey of market segments and subsegments and explained which market segments dominate the market during the forecast period. To help clients make informed decisions about a company’s investment plans and strategies in the Vertical Farming Market, the report provides detailed information on local market performance and competitive analysis.
Key Players Landscape and Profiling in Vertical Farming Market:
The major players in the market are Signify, AeroFarms LLC, Sky Greens PTE. LTD., Illumitex Inc., Everlight Electronics Co.Ltd., American Hydroponic Systems Inc., Vertical Farm Systems, Hort Americas, LLC, Koninklijke Philips N.V., Green Sense Farms, LLC, Agrilution, Urban Crops.
Market Segmentation: Vertical Farming Market
The Vertical Farming Market is segmented into Growth Mechanism, Structure, Component, And Geography.
Vertical Farming Market, By Growth Mechanism
• Aeroponics
• Hydroponics
• Aquaponics
• Others
Vertical Farming Market, By Structure
• Building-Based Vertical Farms
• Shipping Container Vertical Farms
Vertical Farming Market, By Component
• Irrigation Component
• Lighting
• Building Material
• Sensor
• Climate Control
• Others
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Vertical Farming Geographic Market Analysis:
The Vertical Farming Market Report provides information on market areas subdivided into subregions and countries/regions. In addition to national and subregion market share, this chapter of this report also contains information on profit opportunities. This chapter of the report describes the market share and growth rate of each region, country, and sub-region during the estimated period.
– North America (USA, Canada, Mexico)
– Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
– Latin America (Brazil, Rest of LA)
– Middle East and Africa (Turkey, CCG, Rest of the Middle East)
Key questions answered in Vertical Farming Market Report:
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The article focuses on the Vertical Farming Market, its growth potential, key players, and forecast to 2028.
The key growth mechanisms include aeroponics, hydroponics, and aquaponics.
Regions analyzed include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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