United States Vertical Farming Market Size, Share, and COVID-19 Impact Analysis, By Crop Type (Herbs & Microgreens, Fruits & Vegetables, Flowers & Ornamentals, and Others), By Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), and United States Vertical Farming Market Insights, Industry Trend, Forecasts to 2035

United States Vertical Farming Market Insights Forecasts to 2035

• The U.S. Vertical Farming Market Size was estimated at USD 3.34 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 11.20% from 2025 to 2035
• The USA Vertical Farming Market Size is Expected to Reach USD 10.74 Billion by 2035

The US Vertical Farming Market Size is anticipated to reach USD 10.74 Billion by 2035, Growing at a CAGR of 11.20% from 2025 to 2035.  The U.S. vertical farming market is growing rapidly, driven by demand for local, sustainable food, efficient land use, and advanced technologies like hydroponics and automation, especially in urban environments.  

Market Overview

The United States vertical farming industry encompasses growing plants in vertically stacked levels in controlled facilities through soilless methods such as hydroponics, aeroponics, and aquaponics. Vertical farming helps improve space utilisation, save water, and facilitate year-round cultivation, among other challenges such as limited arable land and the need for sustainable agriculture. Moreover, the U.S. vertical farming market is driven by urbanisation, limited arable land, and increased consumer demand for sustainable, local produce. Technological advancements in automation and climate control enhance efficiency. Additionally, resource conservation, such as water savings, and government support further promote the growth of vertical farming solutions.

Report Coverage

This research report categorizes the market for the U.S. vertical farming market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States vertical farming market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the USA vertical farming market.

Driving Factors

The U.S. vertical farming market is fueled by rising concerns over food security and climate change, encouraging efficient farming practices. As land costs increase, urban vertical farming offers a space-saving solution. Consumer interest in traceable, pesticide-free food further drives growth. Additionally, innovations in energy-efficient farming technologies and the ability to grow diverse crops in any location contribute to the sector's expansion and sustainability.

Restraining Factors

The U.S. vertical farming market faces challenges like high initial setup costs, energy consumption, and technical complexity. Limited crop diversity, reliance on advanced technologies, and scalability issues also hinder widespread adoption.

Market Segmentation

The United States vertical farming market share is classified into crop type and growth mechanism.

• The fruits & vegetables segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United States vertical farming market is segmented by crop type into herbs & microgreens, fruits & vegetables, flowers & ornamentals, and others. Among these, the fruits & vegetables segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is driven by high consumer demand for fresh, locally grown produce, particularly in urban areas where vertical farming offers a sustainable solution to limited arable land. Crops like tomatoes, lettuce, and leafy greens are especially popular due to their profitability and consistent demand.  

• The hydroponics segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United States vertical farming market is segmented by growth mechanism into hydroponics, aeroponics, and aquaponics. Among these, the hydroponics segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is attributed to hydroponics' higher yield, ease of operation, and low installation costs. Hydroponics involves growing plants using water-based nutrient solutions without soil, which saves about 95% of water compared to traditional methods and increases crop production.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US vertical farming market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Bowery Farming Inc.
• Altius Farms
• Aero Farms
• Green Spirit Farms
• Plenty Unlimited Inc.
• Green Sense Farm Holdings Inc.
• Freight Farms
• Others

Recent Developments:

• In August 2023, Plenty Unlimited Inc., a San Francisco firm, started work on a vertical indoor farm campus that, once completed, will likely be the largest such facility globally. The campus, which is being developed in phases amounting to USD 300 million, will occupy 120 acres at the Meadowville Technology Park.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the USA, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the USA vertical farming market based on the below-mentioned segments:

United States Vertical Farming Market, By Crop Type

• Herbs & Microgreens
• Fruits & Vegetables
• Flowers & Ornamentals
• Others

United States Vertical Farming Market, By Growth Mechanism

• Hydroponics
• Aeroponics
• Aquaponics