North America Vertical Farming Market Size & Outlook

The vertical farming market in North America is expected to reach a projected revenue of US$ 15,371.3 million by 2033. A compound annual growth rate of 21.6% is expected of North America vertical farming market from 2025 to 2033.
Revenue, 2024 (US$M)
$2,740.3
Forecast, 2033 (US$M)
$15,371.3
CAGR, 2025 - 2033
21.6%
Report Coverage
North America

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North America vertical farming market, 2021-2033 (US$M)

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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 2024USD 2,740.3 million
Market revenue in 2033USD 15,371.3 million
Growth rate21.6% (CAGR from 2025 to 2033)
Largest segmentBuilding based
Fastest growing segmentBuilding based
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationShipping container, Building based
Key market players worldwideAeroFarms, 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 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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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)

North America vertical farming market size, by country, 2021-2033 (US$M)

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