North America Vertical Farming Market Size & Outlook
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North America vertical farming market highlights
- The North America vertical farming market generated a revenue of USD 2,740.3 million in 2024.
- The market is expected to grow at a CAGR of 21.6% from 2025 to 2033.
- In terms of segment, building based was the largest revenue generating structure in 2024.
- Building based is the most lucrative structure segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 2,740.3 million |
| Market revenue in 2033 | USD 15,371.3 million |
| Growth rate | 21.6% (CAGR from 2025 to 2033) |
| Largest segment | Building based |
| Fastest growing segment | Building based |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shipping container, Building based |
| Key market players worldwide | AeroFarms, Illumitex, Agrilution, BrightFarms, Freight Farms, GrowUp Farms, Green Sense Farms, Vertical Farm Systems, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, North America region accounted for 33.6% of the global vertical farming market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,561.7 million by 2033.
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Vertical Farming Market Scope
Vertical Farming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BrightFarms | View profile | 251-500 | Irvington, New York, United States, North America | http://brightfarms.com |
| Vertical Farm Systems | View profile | 1-10 | North Arm, Queensland, Australia, Oceania | https://verticalfarms.com.au/ |
| Green Sense Farms | View profile | 11-50 | Portage, Indiana, United States, North America | https://www.greensensefarms.com/ |
| GrowUp Farms | View profile | 101-250 | Bristol, Bristol, City of, United Kingdom, Europe | https://www.growupfarms.co.uk |
| Freight Farms | View profile | 51-100 | Boston, Massachusetts, United States, North America | http://www.freightfarms.com |
| Agrilution | View profile | 11-50 | Munich, Bayern, Germany, Europe | http://www.agrilution.de |
| AeroFarms | View profile | 101-250 | Newark, New Jersey, United States, North America | http://www.aerofarms.com |
| Illumitex | View profile | 51-100 | Austin, Texas, United States, North America | https://www.illumitex.com |
| Zumtobel Group AG ADR | View profile | 5500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | https://z.lighting/en |
North America vertical farming market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vertical farming market will help companies and investors design strategic landscapes.
Building based was the largest segment with a revenue share of 60.32% in 2024. Horizon Databook has segmented the North America vertical farming market based on shipping container, building based covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of vertical farming market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America vertical farming market , including forecasts for subscribers. This continent databook contains high-level insights into North America vertical farming market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America vertical farming market size, by country, 2021-2033 (US$M)
North America Vertical Farming Market Outlook Share, 2024 & 2033 (US$M)
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