North America Vertical Farming Market (2025-2031) | Share, Outlook, Value, Industry, Revenue, Size, Growth, Forecast, Trends, Companies & Analysis

Market Forecast by Countries (United States, Canada), By Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), By Structure (Building-based vertical farm , Shipping container-based vertical farm), By Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material) And Competitive Landscape

Product Code: ETC4621652 Publication Date: Jul 2023 Updated Date: Mar 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

North America Vertical Farming Market Highlights

Report Name North America Vertical Farming Market
Forecast Period 2025-2031
Market Size USD 6.5 billion by 2031
CAGR 15%
Growing Sector Restaurants & hospital industry

Topics Covered in the North America Vertical Farming Market Report

North America Vertical Farming Market report thoroughly covers the market By Countries, By growth mechanism, by structure, by component. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Vertical Farming Market Size Analysis

North America Vertical Farming Market was valued at USD 1.2 billion and is expected to reach USD 6.5 billion, growing at a CAGR of around more than 15% from 2025 to 2031. Vertical farming is a sustainable and innovative method of growing crops in vertically stacked layers, using artificial lighting and controlled environmental conditions. This advanced form of agriculture has gained popularity in recent years due to its ability to produce high-quality, fresh produce year-round, regardless of weather or location.

North America Vertical Farming Market Synopsis

The North America vertical farming market is expected to grow significantly from 2025 to 2031 due to various factors such as increasing population and urbanization, rising demand for fresh and pesticide-free produce, and technological advancements in agriculture. According to 6Wresearch, the North America Vertical Farming Market Size is expected to reach a significant CAGR of more than 15% during the forecast period 2025-2031.  The growth of vertical farming in North America is driven by the rising demand for locally grown, fresh produce. Vertical farms provide an efficient method of crop production in urban areas, ensuring consumers have access to fresh and nutritious food. Advancements in artificial lighting and hydroponic systems have significantly reduced costs, further supporting the expansion of this market. Additionally, government initiatives promoting sustainable agricultural practices and increasing consumer awareness of environmental sustainability are key contributors to its growth. The COVID-19 pandemic has underscored the importance of resilient and localized food production, boosting demand for vertical farming solutions.

However, several challenges persist. High initial investment costs pose a major barrier, as indoor farm construction requires advanced technologies such as LED lighting, hydroponic systems, and environmental controls. Moreover, the energy-intensive nature of vertical farming increases operational costs, impacting profitability. The absence of standardized regulations and inconsistent government support further complicate growth, causing delays in obtaining permits and approvals.

Vertical Farming Market in North America: Novel Trends

A significant trend in the market is the adoption of artificial intelligence (AI) and data analytics to enhance vertical farming. These technologies enable the precise monitoring and adjustment of environmental factors like temperature, humidity, and light, optimizing plant growth while reducing waste and resource consumption. Additionally, there is a strong shift towards sustainable practices, including the use of renewable energy and organic methods in vertical farming. Another emerging trend is the integration of vertical farming within urban environments. Given the limited space in cities, vertical farms offer a sustainable solution for producing fresh, local produce, minimizing transportation costs and carbon emissions. Furthermore, consumer demand for transparency and traceability in the food supply chain is increasing. Vertical farming addresses this by enabling detailed tracking of crops from seed to harvest, ensuring consumers receive safe and high-quality food products.

Investment Opportunities in North America Vertical Farming Industry

The vertical farming industry offers compelling investment opportunities for individuals and businesses aiming to enter this innovative sector. With advancements in technology and growing consumer demand for locally sourced, fresh produce, this market presents significant potential for profitability. Beyond economic benefits, investing in vertical farming supports environmental sustainability by reducing the carbon footprint of food production and minimizing water consumption. It also fosters job creation and enhances food security in urban areas, addressing critical societal needs. The North American vertical farming market stands out as a promising industry with substantial growth and investment potential. As the demand for fresh, sustainable produce continues to rise, this forward-thinking agricultural approach presents a lucrative and impactful investment opportunity.

Leading Players Expanding the North America Vertical Farming Market Share

Some of the key players in the North America vertical farming market include Aerofarms, BrightFarms, Plenty Unlimited Inc., Bowery Farming Inc., and Gotham Greens. These companies have been at the forefront of innovation in vertical farming technology and have successfully scaled their operations to meet the growing demand for sustainable food production. In addition to these established players, there are also numerous startups entering the market with unique approaches to vertical farming. This creates a competitive landscape, driving further advancements and improvements in the industry.

Government Regulations for Effective Market Performance

Government regulations are pivotal in ensuring the efficient functioning of the vertical farming market. In recent years, North American governments have introduced a range of policies and measures to support and promote vertical farming practices. These initiatives include tax incentives, subsidies, and grants aimed at encouraging investments in vertical farming technologies. Additionally, stringent regulations have been established to uphold food safety standards. Governments are also actively collaborating with research institutions and universities to foster technological advancements that enhance the efficiency of vertical farming operations. Such efforts not only contribute to the growth and sustainability of the market but also stimulate job creation and drive economic development.

Future Insights of the North America Vertical Farming Market Growth

The North American vertical farming market is projected to experience significant growth between 2025 and 2031. Key drivers include the rising demand for fresh produce, growing concerns about food security and sustainability, and advancements in indoor farming technologies. The presence of leading industry players actively investing in research and development further supports this growth. Government initiatives promoting sustainable farming practices and the increasing consumer preference for plant-based diets and locally sourced food are also fuelling demand. Vertical farming’s ability to provide year-round production in controlled environments offers a sustainable solution to challenges posed by climate change, minimizing susceptibility to natural disasters. As technology evolves, the sector is poised for further innovation, solidifying its role in future food production. With its eco-friendly and efficient approach, vertical farming aligns with consumer preferences for pesticide-free, locally grown produce, making it a critical and promising segment in North America’s agricultural landscape.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

United States to Dominate the Market- By Countries

The United States is expected to lead the North America vertical farming market during this period. The country has a high adoption rate of advanced agricultural practices and technologies, along with a strong focus on sustainable food production. Additionally, government initiatives and investments in vertical farming have also contributed to its projected dominance in the market.

Hydroponics to dominate the Market-By Growth mechanism

According to Ravi Bhandari, Research Head, 6Wresearch, Hydroponics is expected to lead the North America vertical farming market by growth mechanism. This method of farming involves growing plants in nutrient-rich water without the use of soil. It has gained popularity due to its ability to produce high-quality crops with minimal environmental impact and efficient resource utilization.

Building-based vertical farms to dominate the Market -By Structure

Building-based vertical farms are expected to lead the North America market by structure. These types of vertical farms are constructed within buildings, allowing for year-round production regardless of weather conditions. They also offer more control over factors such as lighting, temperature, and humidity, resulting in higher yields and better quality produce.

The Irrigation component to dominate the market - By Component:

The irrigation component is expected to lead the North America vertical farming market by component. Adequate water supply is crucial for successful vertical farming, and advanced irrigation systems play a vital role in ensuring optimal water usage and distribution. As a result, the irrigation component is expected to have the highest demand in this market segment.

Key Attractiveness of the Report      

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Factors Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • North America Vertical Farming Market Outlook
  • Market Size of North America Vertical Farming Market, 2024
  • Forecast of North America Vertical Farming Market, 2031
  • Historical Data and Forecast of North America Vertical Farming Revenues & Volume for the Period 2021 - 2031
  • North America Vertical Farming Market Trend Evolution
  • North America Vertical Farming Market Drivers and Challenges
  • North America Vertical Farming Price Trends
  • North America Vertical Farming Porter's Five Forces
  • North America Vertical Farming Industry Life Cycle
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Growth Mechanism for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Hydroponics for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Aeroponics for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Aquaponics for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Growth Mechanism for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Hydroponics for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Aeroponics for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Aquaponics for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Growth Mechanism for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Hydroponics for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Aeroponics for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Aquaponics for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Structure for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Building-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Shipping container-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Structure for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Building-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Shipping container-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Structure for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Building-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Shipping container-based vertical farm for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Irrigation Component for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Lighting for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Sensor for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Climate Control for the Period 2021 - 2031
  • Historical Data and Forecast of North America Vertical Farming Market Revenues & Volume By Building Material for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Irrigation Component for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Lighting for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Sensor for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Climate Control for the Period 2021 - 2031
  • Historical Data and Forecast of United States Vertical Farming Market Revenues & Volume By Building Material for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Irrigation Component for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Lighting for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Sensor for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Climate Control for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Vertical Farming Market Revenues & Volume By Building Material for the Period 2021 - 2031
  • North America Vertical Farming Market - Key Performance Indicators
  • North America Vertical Farming Market - Import Export Trade Statistics
  • North America Vertical Farming Market - Opportunity Assessment By Countries
  • North America Vertical Farming Market - Opportunity Assessment By Growth Mechanism
  • North America Vertical Farming Market - Opportunity Assessment By Structure
  • North America Vertical Farming Market - Opportunity Assessment By Component
  • North America Vertical Farming Market - Top Companies Market Share
  • North America Vertical Farming Market - Top Companies Profiles
  • North America Vertical Farming Market - Comparison of Players in Technical and Operating Parameters
  • North America Vertical Farming Market - Strategic Recommendations

Markets Covered

The market report has been segmented and sub-segmented into the following categories:

By Countries

  • United States
  • Canada

By Growth Mechanism

  • Hydroponics
  • Aeroponics
  • Aquaponics

 By Structure

  • Building-based vertical farm
  • Shipping container-based vertical farm

By Component

  • Irrigation Component
  • Lighting
  • Sensor
  • Climate Control
  • Building Material
North America Vertical Farming Market (2025-2031): FAQs
According to our research, the North America Vertical Farming market is expected to grow at a CAGR of more than 15% during the forecast period (2025-2031).
The growth of vertical farming in North America is fuelled by rising demand for fresh, locally grown produce and advancements in cost-efficient technologies like artificial lighting and hydroponics. Government support for sustainable agriculture and increased consumer focus on environmental sustainability further drive this market. The COVID-19 pandemic has highlighted the need for resilient, localized food production, accelerating demand for vertical farming solutions.
The north America Vertical Farming market faces challenges due to the high initial investment costs pose a major barrier, as indoor farm construction requires advanced technologies such as LED lighting, hydroponic systems, and environmental controls. Moreover, the energy-intensive nature of vertical farming increases operational costs, impacting profitability. The absence of standardized regulations and inconsistent government support further complicate growth, causing delays in obtaining permits and approvals.
Some of the key players in the North America vertical farming market include Aerofarms, BrightFarms, Plenty Unlimited Inc., Bowery Farming Inc., and Gotham Greens. These companies have been at the forefront of innovation in vertical farming technology and have successfully scaled their operations to meet the growing demand for sustainable food production. In addition to these established players, there are also numerous startups entering the market with unique approaches to vertical farming.
The United States is expected to lead the North America vertical farming market during this period. The country has a high adoption rate of advanced agricultural practices and technologies, along with a strong focus on sustainable food production. Additionally, government initiatives and investments in vertical farming have also contributed to its projected dominance in the market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America Vertical Farming Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America Vertical Farming Market Revenues & Volume, 2021 & 2031F
3.3 North America Vertical Farming Market - Industry Life Cycle
3.4 North America Vertical Farming Market - Porter's Five Forces
3.5 North America Vertical Farming Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 North America Vertical Farming Market Revenues & Volume Share, By Growth Mechanism , 2021 & 2031F
3.7 North America Vertical Farming Market Revenues & Volume Share, By Structure , 2021 & 2031F
3.8 North America Vertical Farming Market Revenues & Volume Share, By Component, 2021 & 2031F
4 North America Vertical Farming Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America Vertical Farming Market Trends
6 North America Vertical Farming Market, 2021 - 2031
6.1 North America Vertical Farming Market, Revenues & Volume, By Growth Mechanism , 2021 - 2031
6.2 North America Vertical Farming Market, Revenues & Volume, By Structure , 2021 - 2031
6.3 North America Vertical Farming Market, Revenues & Volume, By Component, 2021 - 2031
7 United States Vertical Farming Market, 2021 - 2031
7.1 United States Vertical Farming Market, Revenues & Volume, By Growth Mechanism , 2021 - 2031
7.2 United States Vertical Farming Market, Revenues & Volume, By Structure , 2021 - 2031
7.3 United States Vertical Farming Market, Revenues & Volume, By Component, 2021 - 2031
8 Canada Vertical Farming Market, 2021 - 2031
8.1 Canada Vertical Farming Market, Revenues & Volume, By Growth Mechanism , 2021 - 2031
8.2 Canada Vertical Farming Market, Revenues & Volume, By Structure , 2021 - 2031
8.3 Canada Vertical Farming Market, Revenues & Volume, By Component, 2021 - 2031
9 North America Vertical Farming Market Key Performance Indicators
10 North America Vertical Farming Market - Opportunity Assessment
10.1 North America Vertical Farming Market Opportunity Assessment, By Countries, 2021 & 2031F
10.2 North America Vertical Farming Market Opportunity Assessment, By Growth Mechanism , 2021 & 2031F
10.3 North America Vertical Farming Market Opportunity Assessment, By Structure , 2021 & 2031F
10.4 North America Vertical Farming Market Opportunity Assessment, By Component, 2021 & 2031F
11 North America Vertical Farming Market - Competitive Landscape
11.1 North America Vertical Farming Market Revenue Share, By Companies, 2024
11.2 North America Vertical Farming Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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