Global Vertical Farming Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
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This report aims to provide a comprehensive presentation of the global market for Vertical Farming, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Farming.
The Vertical Farming market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Vertical Farming market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vertical Farming manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The vertical farming market is expected to reach usd 32.74 billion by 2030, which was usd 4.60 billion in 2022, registering a cagr of 27.80% during the forecast period of 2023 to 2030.
Competitive Landscape Analysis:
The main players in the Vertical Farming market include Deere and Company (U.S.), CropMetrics LLC (Netherlands), Trimble Navigation Limited (Australia), CropX (U.S.), and AgSmarts Inc (India). The share of the top 3 players in the Vertical Farming market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Vertical Farming market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. Bio pesticides accounted for xx% of Vertical Farming market in 2022. Bio fertilizer share of xx%.
Indoor accounted for xx% of the Vertical Farming market in 2022. Outdoor accounts for xx%.
In recent years, a series of factors are affecting the development of the automotive industry.
Electric Vehicles (EVs): The shift towards electric vehicles has gained significant momentum in recent years. Automakers are investing heavily in EV development and expanding their electric vehicle lineups. This trend is driven by factors such as government regulations to reduce emissions, improvements in battery technology, and increasing consumer interest in eco-friendly transportation options.
Autonomous Driving: Autonomous driving technology has advanced rapidly, with the development of sophisticated sensors, machine learning algorithms, and connectivity systems. Automakers and tech companies are investing in autonomous driving research and development, aiming to achieve higher levels of vehicle automation. This trend holds the promise of safer and more efficient transportation, as well as new business models like autonomous ride-hailing services.
Shared Mobility: The concept of shared mobility has gained popularity, particularly in urban areas. Services like ride-hailing, car-sharing, and car subscription models have experienced significant growth. These services offer convenience, cost savings, and reduced traffic congestion by optimizing vehicle utilization. Automakers are responding by entering partnerships or launching their own shared mobility platforms.
Segmental Analysis
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Some of the Top Market Players Covered Are:
Deere and Company (U.S.)
CropMetrics LLC (Netherlands)
Trimble Navigation Limited (Australia)
CropX (U.S.)
AgSmarts Inc (India)
AgSense, LLC (India)
AGCO Corporation (Austria)
DICKEY-john (U.K.)
Monsanto Company (Mexico)
Ag Leader Technology (U.S.)
Farmers Edge (U.S.)
GEOSYS (U.S.)
Granular (U.S.)
Gro Intelligence (U.S.)
Proagrica (U.K.)
Fasal (India)
AGEYE Technologies (U.S.)
HelioPas AI (Germany)
OneSoil (Belarus)
Market outlook by product/service type:
Bio pesticides
Bio fertilizer
Bio stimulants
Market outlook by Application :
Indoor
Outdoor
Table of Content
1 Vertical Farming Market Overview
1.1 Vertical Farming Product Description
1.2 Vertical Farming Market Segment by Type
1.3 Global Vertical Farming Market Size by Type
1.3.1 Global Vertical Farming Market Size Overview by Type
1.3.2 Global Vertical Farming Historic Market Size Review by Type
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vertical Farming Sales Breakdown by Type
1.4.2 Europe Vertical Farming Sales Breakdown by Type
1.4.3 Asia-Pacific Vertical Farming Sales Breakdown by Type
1.4.4 Latin America Vertical Farming Sales Breakdown by Type
1.4.5 Middle East and Africa Vertical Farming Sales Breakdown by Type
2 Global Vertical Farming by Application
2.1 Vertical Farming Market Segment by Application
2.2 Global Vertical Farming Market Size by Application
2.2.1 Global Vertical Farming Market Size Overview by Application
2.2.2 Global Vertical Farming Historic Market Size Review by Application
2.3 Key Regions Market Size Segment by Application
2.3.1 North America Vertical Farming Sales Breakdown by Application
2.3.2 Europe Vertical Farming Sales Breakdown by Application
2.3.3 Asia-Pacific Vertical Farming Sales Breakdown by Application
2.3.4 Latin America Vertical Farming Sales Breakdown by Application
2.3.5 Middle East and Africa Vertical Farming Sales Breakdown by Application
3 Vertical Farming Status and Outlook by Region
3.1 Global Vertical Farming Market Size and CAGR by Region: 2018 VS 2023 VS 2029
3.2 Global Vertical Farming Historic Market Size by Region
3.2.1 Global Vertical Farming Sales in Volume by Region
3.2.2 Global Vertical Farming Sales in Value by Region
3.2.3 Global Vertical Farming Sales Price and Gross Margin
3.3 Global Vertical Farming Forecasted Market Size by Region
3.3.1 Global Vertical Farming Sales in Volume by Region
3.3.2 Global Vertical Farming Sales in Value by Region
3.3.3 Global Vertical Farming Sales Price and Gross Margin
4 Global Vertical Farming Market Competition by Company
4.1 Global Top Players by Vertical Farming Sales
4.2 Global Top Players by Vertical Farming Revenue
4.3 Global Top Players Vertical Farming Price
4.4 Global Top Manufacturers Vertical Farming Manufacturing Base Distribution, Sales Area, Product Type
4.5 Vertical Farming Market Competitive Situation and Trends
4.5.1 Vertical Farming Market Concentration Rate
4.5.2 Global 3 and 6 Largest Manufacturers by Vertical Farming Sales and Revenue in 2022
4.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vertical Farming as of 2022)
4.7 Date of Key Manufacturers Enter into Vertical Farming Market
4.8 Key Manufacturers Vertical Farming Product Offered
4.9 Mergers & Acquisitions, Expansion
5 North America Vertical Farming by Country
5.1 North America Vertical Farming Historic Market Size by Country
5.1.1 North America Vertical Farming Sales in Volume by Country
5.1.2 North America Vertical Farming Sales in Value by Country
5.2 North America Vertical Farming Forecasted Market Size by Country
5.2.1 North America Vertical Farming Sales in Volume by Country
5.2.2 North America Vertical Farming Sales in Value by Country
6 Europe Vertical Farming by Country
6.1 Europe Vertical Farming Historic Market Size by Country
6.1.1 Europe Vertical Farming Sales in Volume by Country
6.1.2 Europe Vertical Farming Sales in Value by Country
6.2 Europe Vertical Farming Forecasted Market Size by Country
6.2.1 Europe Vertical Farming Sales in Volume by Country
6.2.2 Europe Vertical Farming Sales in Value by Country
7 Asia-Pacific Vertical Farming by Country
7.1 Asia-Pacific Vertical Farming Historic Market Size by Country
7.1.1 Asia-Pacific Vertical Farming Sales in Volume by Country
7.1.2 Asia-Pacific Vertical Farming Sales in Value by Country
7.2 Asia-Pacific Vertical Farming Forecasted Market Size by Country
7.2.1 Asia-Pacific Vertical Farming Sales in Volume by Country
7.2.2 Asia-Pacific Vertical Farming Sales in Value by Country
8 Latin America Vertical Farming by Country
8.1 Latin America Vertical Farming Historic Market Size by Country
8.1.1 Latin America Vertical Farming Sales in Volume by Country
8.1.2 Latin America Vertical Farming Sales in Value by Country
8.2 Latin America Vertical Farming Forecasted Market Size by Country
8.2.1 8.2.1 Latin America Vertical Farming Sales in Volume by Country
8.2.2 8.2.2 Latin America Vertical Farming Sales in Value by Country
9 Middle East and Africa Vertical Farming by Country
9.1 Middle East and Africa Vertical Farming Historic Market Size by Country
9.1.1 Middle East and Africa Vertical Farming Sales in Volume by Country
9.1.2 Middle East and Africa Vertical Farming Sales in Value by Country
9.2 Middle East and Africa Vertical Farming Forecasted Market Size by Country
9.2.1 Middle East and Africa Vertical Farming Sales in Volume by Country
9.2.2 Middle East and Africa Vertical Farming Sales in Value by Country
10 Manufacturers Profiles
10.1 Deere and Company (U.S.)
10.1.1 Deere and Company (U.S.) Information
10.1.2 Business Overview
10.1.3 Deere and Company (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.1.4 Vertical Farming Products Offered
10.1.5 Deere and Company (U.S.) Recent Development
10.2 CropMetrics LLC (Netherlands)
10.2.1 CropMetrics LLC (Netherlands) Information
10.2.2 Business Overview
10.2.3 CropMetrics LLC (Netherlands) Vertical Farming Sales, Price, Revenue, Gross Margin
10.2.4 Vertical Farming Products Offered
10.2.5 CropMetrics LLC (Netherlands) Recent Development
10.3 Trimble Navigation Limited (Australia)
10.3.1 Trimble Navigation Limited (Australia) Information
10.3.2 Business Overview
10.3.3 Trimble Navigation Limited (Australia) Vertical Farming Sales, Price, Revenue, Gross Margin
10.3.4 Vertical Farming Products Offered
10.3.5 Trimble Navigation Limited (Australia) Recent Development
10.4 CropX (U.S.)
10.4.1 CropX (U.S.) Information
10.4.2 Business Overview
10.4.3 CropX (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.4.4 Vertical Farming Products Offered
10.4.5 CropX (U.S.) Recent Development
10.5 AgSmarts Inc (India)
10.5.1 AgSmarts Inc (India) Information
10.5.2 Business Overview
10.5.3 AgSmarts Inc (India) Vertical Farming Sales, Price, Revenue, Gross Margin
10.5.4 Vertical Farming Products Offered
10.5.5 AgSmarts Inc (India) Recent Development
10.6 AgSense, LLC (India)
10.6.1 AgSense, LLC (India) Information
10.6.2 Business Overview
10.6.3 AgSense, LLC (India) Vertical Farming Sales, Price, Revenue, Gross Margin
10.6.4 Vertical Farming Products Offered
10.6.5 AgSense, LLC (India) Recent Development
10.7 AGCO Corporation (Austria)
10.7.1 AGCO Corporation (Austria) Information
10.7.2 Business Overview
10.7.3 AGCO Corporation (Austria) Vertical Farming Sales, Price, Revenue, Gross Margin
10.7.4 Vertical Farming Products Offered
10.7.5 AGCO Corporation (Austria) Recent Development
10.8 DICKEY-john (U.K.)
10.8.1 DICKEY-john (U.K.) Information
10.8.2 Business Overview
10.8.3 DICKEY-john (U.K.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.8.4 Vertical Farming Products Offered
10.8.5 DICKEY-john (U.K.) Recent Development
10.9 Monsanto Company (Mexico)
10.9.1 Monsanto Company (Mexico) Information
10.9.2 Business Overview
10.9.3 Monsanto Company (Mexico) Vertical Farming Sales, Price, Revenue, Gross Margin
10.9.4 Vertical Farming Products Offered
10.9.5 Monsanto Company (Mexico) Recent Development
10.10 Ag Leader Technology (U.S.)
10.10.1 Ag Leader Technology (U.S.) Information
10.10.2 Business Overview
10.10.3 Ag Leader Technology (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.10.4 Vertical Farming Products Offered
10.10.5 Ag Leader Technology (U.S.) Recent Development
10.11 Farmers Edge (U.S.)
10.11.1 Farmers Edge (U.S.) Information
10.11.2 Business Overview
10.11.3 Farmers Edge (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.11.4 Vertical Farming Products Offered
10.11.5 Farmers Edge (U.S.) Recent Development
10.12 GEOSYS (U.S.)
10.12.1 GEOSYS (U.S.) Information
10.12.2 Business Overview
10.12.3 GEOSYS (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.12.4 Vertical Farming Products Offered
10.12.5 GEOSYS (U.S.) Recent Development
10.13 Granular (U.S.)
10.13.1 Granular (U.S.) Information
10.13.2 Business Overview
10.13.3 Granular (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.13.4 Vertical Farming Products Offered
10.13.5 Granular (U.S.) Recent Development
10.14 Gro Intelligence (U.S.)
10.14.1 Gro Intelligence (U.S.) Information
10.14.2 Business Overview
10.14.3 Gro Intelligence (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.14.4 Vertical Farming Products Offered
10.14.5 Gro Intelligence (U.S.) Recent Development
10.15 Proagrica (U.K.)
10.15.1 Proagrica (U.K.) Information
10.15.2 Business Overview
10.15.3 Proagrica (U.K.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.15.4 Vertical Farming Products Offered
10.15.5 Proagrica (U.K.) Recent Development
10.16 Fasal (India)
10.16.1 Fasal (India) Information
10.16.2 Business Overview
10.16.3 Fasal (India) Vertical Farming Sales, Price, Revenue, Gross Margin
10.16.4 Vertical Farming Products Offered
10.16.5 Fasal (India) Recent Development
10.17 AGEYE Technologies (U.S.)
10.17.1 AGEYE Technologies (U.S.) Information
10.17.2 Business Overview
10.17.3 AGEYE Technologies (U.S.) Vertical Farming Sales, Price, Revenue, Gross Margin
10.17.4 Vertical Farming Products Offered
10.17.5 AGEYE Technologies (U.S.) Recent Development
10.18 HelioPas AI (Germany)
10.18.1 HelioPas AI (Germany) Information
10.18.2 Business Overview
10.18.3 HelioPas AI (Germany) Vertical Farming Sales, Price, Revenue, Gross Margin
10.18.4 Vertical Farming Products Offered
10.18.5 HelioPas AI (Germany) Recent Development
10.19 OneSoil (Belarus)
10.19.1 OneSoil (Belarus) Information
10.19.2 Business Overview
10.19.3 OneSoil (Belarus) Vertical Farming Sales, Price, Revenue, Gross Margin
10.19.4 Vertical Farming Products Offered
10.19.5 OneSoil (Belarus) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vertical Farming Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vertical Farming Industrial Chain Analysis
11.4 Vertical Farming Market Dynamics
11.4.1 Vertical Farming Industry Trends
11.4.2 Vertical Farming Growth Drivers
11.4.3 Vertical Farming Market Challenges
11.4.4 Vertical Farming Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vertical Farming Distributors
12.3 Vertical Farming Downstream Customers
13 Research Findings and Conclusion
14 Methodology and Data Source
14.1 A Methodology
14.1.1 Research Process
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 B Data Source
14.2.1 Legal Disclaimer
Research Methodology:
Vertical Farming Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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