Vertical Farming Market to Skyrocket to USD 56.08 Bn by 2033, Fuelled by Urbanization and AI

CHARLOTTE, N.C. - July 7, 2025 - PRLog -- The global Vertical Farming Market is set for explosive growth, surging from USD 7.05 billion in 2024 to USD 56.08 billion by 2033, at a striking CAGR of 26.2% between 2025 and 2033, projects Ameco Research. This industry transformation is driven by urban population expansion, decreasing arable land, sustainable food production needs, and a surge in advanced farming technologies.

🌆 Vertical Farming Market Growth Drivers

Urbanization & Land Constraints: Vertical farming addresses the challenge of growing populations and shrinking farmland by producing crops stacked in urban settings—warehouses, containers, or repurposed buildings. This method reduces dependence on soil, uses 90% less water, and enables year-round harvests.

Hydroponics & Aeroponics Dominance: Soilless systems such as hydroponics (≈61% market share) and aeroponics (≈27% CAGR) lead the growth, prized for their water efficiency and high yield per square meter.

Automation & AI Integration: Incorporating Automatic systems, IoT, and AI enables precise control of nutrients, light, and climate, improving consistency and lowering resource usage. These tech-driven systems are gaining traction among investors and agri-tech firms.

📊 Vertical Farming Market Segmentation & Size

• Market Size in 2024: USD 7.05 billion
• Forecast for 2033: USD 56.08 billion

By Mechanism/Channel:

• Hydroponics: Accounted for ~61%+ share in 2024
• Aeroponics: Fastest-growing with ~27–28% CAGR

By Platform:

• Shipping containers lead (~63% share);
• Building-based systems rapidly expanding

By Crop Type:

• Leafy greens dominate; tomatoes expected to hold ~16% share, with berries growing fastest

By Components:

• Lighting systems dominate capital costs (~38%); climate control systems growing fastest (~20% CAGR)

Get Report Sample Pages (https://www.amecoresearch.com/sample/277150)

🌍 Vertical Farming Market Regional Outlook

• North America: Led the market (~35%) in 2024, expected to maintain dominance with ~21% growth CAGR due to advanced adoption of hydroponics, renewable energy, and precision agriculture.
• Europe: Holds ~31% share, boosted by the EU Green Deal, climate initiatives, tech innovation in Germany, UK, and benefits from automation expansion.
• Asia‑Pacific: Highest forecasted growth (~22–27% CAGR), driven by urbanization, food safety concerns, and automation-heavy ventures in China, Japan, India, and Singapore.

🏢 Leading Market Players

AeroFarms
Agrilution GmbH
Everlight Electronics
BrightFarms
AMHYDRO
Green Sense Farms
Vertical Farm Systems
4D Bios
Illumitex
Urban Crop Solutions

✅ Vertical Farming Market Insights

The Vertical Farming Market is entering a new growth phase, projected to hit USD 56.08 billion by 2033, driven by urban pressures, sustainable farming needs, and enhanced efficiency through AI and automation. Key opportunities lie in hydroponic and aeroponic platforms, container farms, LED lighting solutions, and climate-control tech.

Read More: https://www.amecoresearch.com/market-report/vertical-farming-market-277150