The Vertical Farming Market is one of the most exciting segments in modern agriculture. Valued at USD 6.6 billion in 2023, the global Vertical Farming market size is projected to soar to USD 26.5 billion by 2030, growing at an impressive CAGR of 22.3% from 2024 to 2030.
This rapid expansion is driven by year-round local production, 95% less water usage, zero pesticide requirements, and the ability to grow fresh produce in urban centers. From leafy greens and herbs to strawberries and microgreens, vertical farms are redefining fresh food supply chains.
A newly released press release highlights Asia Pacific’s explosive vertical farming surge, with Singapore, Japan, South Korea, and China leading innovation in high-density indoor systems. Read the full Asia Pacific press release here.
Key Vertical Farming market drivers include rising urban populations, climate change impacts on traditional farming, and consumer demand for pesticide-free, ultra-fresh produce. The latest Vertical Farming market report forecasts that hydroponics will remain the dominant technology, while aeroponics and LED lighting solutions will grow fastest. For detailed Vertical Farming market analysis, download the complete 2024–2030 global report.