North America Vertical Farming Market to 2032

Overview

The North America Vertical Farming Market is expected to reach a 20,299.99 USD Billion by 2032 and is projected to grow at a CAGR of 49.66% from 2025 to 2032.

Revenue, 2024 (USD Billion)

2,530.92

Forecast, 2032 (USD Billion)

20,299.99

CAGR, 2024 - 2032

49.66%

Report Coverage

North America

North America Vertical Farming Market 2018-2032 USD Billion

North America Vertical Farming Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 2,530.92 USD Billion
Projected Market Size (2032): 20,299.99 USD Billion
CAGR (2025-2032): 49.66%

Key Findings of North America Vertical Farming Market

The North America Vertical Farming Market was valued at 2,530.92 USD Billion in 2024.
The North America Vertical Farming Market is likely to grow at a CAGR of 49.66% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Indoor in Application Segment accounted for the largest share of the market with a revenue of 1,931.63 USD Billion
The fastest growing segment Biofertilizer in Type Segment grew Fastest with a CAGR of 54.72% during the forecast period from 2024 to 2032.

North America Vertical Farming Market Scope

North America Vertical Farming Market Segmentation & Scope

Growth Mechanism

Aquaponics
Aeroponics
Hydroponics

Structure

Building Based
Shipping Containers

Crop Type

Nutraceutical Plant
Pollinated Plants
Leafy Green

Type

Biostimulants
Biofertilizer
Biopesticides

Application

Outdoor
Indoor

Component

Sensors
Climate Control
Hydroponic Component
Lighting

North America Vertical Farming Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Billion
Market Value in 2024	2,530.92 USD Billion
Market Value in 2032	20,299.99 USD Billion
CAGR (2025-2032)	49.66%
Historic Data	2016-2023
Market Segments Covered	Growth Mechanism,Structure,Crop Type,Type,Application,Component

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 2,530.92 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,118.25 USD Billion in 2024.

Segments and Scope

North America Vertical Farming Market to 2032, By Growth Mechanism
- Hydroponics is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 1,246.01 USD Billion in the year 2024.
- Aeroponics is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 49.68 % in forecast period 2025-2032.
North America Vertical Farming Market to 2032, By Structure
- Shipping Containers is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 1,914.41 USD Billion in the year 2024.
- Shipping Containers is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 51.48 % in forecast period 2025-2032.
North America Vertical Farming Market to 2032, By Crop Type
- Leafy Green is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 1,655.03 USD Billion in the year 2024.
- Leafy Green is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 51.70 % in forecast period 2025-2032.
North America Vertical Farming Market to 2032, By Type
- Biopesticides is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 1,492.17 USD Billion in the year 2024.
- Biofertilizer is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 49.02 % in forecast period 2025-2032.
North America Vertical Farming Market to 2032, By Application
- Indoor is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 1,931.63 USD Billion in the year 2024.
- Indoor is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 50.33 % in forecast period 2025-2032.
North America Vertical Farming Market to 2032, By Component
- Lighting is the largest segment in North America Vertical Farming Market to 2032 with a revenue of 879.73 USD Billion in the year 2024.
- Climate Control is the Fastest growing segment in North America Vertical Farming Market to 2032 with a Growth rate of 51.50 % in forecast period 2025-2032.

North America Vertical Farming Market Company Share Analysis

Company Name
Signify Holding
ams-OSRAM AG
EVERLIGHT ELECTRONICS CO., LTD.

North America Vertical Farming Market Geographical Sales Distribution, 2018-2032 USD Billion

North America Vertical Farming Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Vertical Farming Market?

The North America Vertical Farming Market is segmented based on Segmentation Growth Mechanism,Structure,Crop Type,Type,Application,Component.

What is the current market size of the North America Vertical Farming Market?

North America Vertical Farming Market was valued at USD 2,530.92(Revenue in USD Billion) in 2020.

What is the expected growth rate of the North America Vertical Farming Market?

North America Vertical Farming Market is projected to grow at a CAGR of 49.66% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Vertical Farming Market?

The Indoor segment is expected to dominate the North America Vertical Farming Market, holding a largest market share of 1,931.63 USD Billion in 2024