Asia Pacific Vertical Farming Market Size, Share & Trends Analysis Report By Component, By Category, By Mechanism, By Structure (Shipping Container, and Building-based), By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Vertical Farming Market would witness market growth of 20.2% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Vertical Farming Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,256.2 million by 2031. The Japan market is registering a CAGR of 19.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 21% during (2024 - 2031).

The vertical farming market has emerged as a transformative force in modern agriculture, redefining how food is grown, distributed, and consumed in an increasingly urbanized and resource-constrained world. Vertical farming refers to cultivating crops in stacked layers or vertically inclined surfaces, often within controlled indoor environments such as warehouses, skyscrapers, or shipping containers. By leveraging advanced technologies like hydroponics, aeroponics, and artificial lighting, vertical farming optimizes space, reduces water usage, and minimizes the environmental footprint of traditional agriculture.

Moreover, vertical farming’s versatility makes it applicable across various contexts, from urban centers to remote regions. One of its primary applications is food production, particularly for high-demand crops such as leafy greens, herbs, strawberries, and microgreens. These crops thrive in controlled environments, where temperature, humidity, and nutrient levels can be precisely managed to maximize yield and quality. Beyond fresh produce, vertical farming is increasingly being explored for cultivating specialty crops like medicinal plants, including cannabis, which require stringent growing conditions that indoor systems can reliably provide.

The market is expanding rapidly as countries worldwide seek innovative solutions for sustainable food production. Factors such as government incentives, increasing urbanization, and advancements in protected cropping are shaping the future of vertical farming. India, China, and Australia are witnessing significant developments in this sector, driven by policy support, demographic shifts, and technological advancements. These factors foster growth in the market, improve food security, and optimize resource utilization.

Free Valuable Insights: The Global Vertical Farming Market is Predict to reach USD 27.10 Billion by 2031, at a CAGR of 19.6%

Based on Component, the market is segmented into Hardware (Lighting, Hydroponic Components, and Climate Control & Sensors), Software, and Services. Based on Category, the market is segmented into Fruits Vegetables, & Herbs, Flowers & Ornamentals, and Other Category. Based on Mechanism, the market is segmented into Hydroponics, Aeroponics, and Aquaponics. Based on Structure, the market is segmented into Shipping Container, and Building-based. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• AeroFarms, LLC
• American Hydroponics
• BrightFarms, Inc. (Cox Enterprises Inc.)
• Plenty Foods Pty Ltd. (Josh Gadischke)
• Bowery Farming, Inc.
• Eden Green Technology
• Lindsay Corporation
• Hunter Industries, Inc.
• The Toro Company
• Valmont Industries, Inc.

Asia Pacific Vertical Farming Market Report Segmentation

By Component

• Hardware
  • Lighting
  • Hydroponic Components
  • Climate Control & Sensors
• Software
• Services

By Category

• Fruits Vegetables, & Herbs
• Flowers & Ornamentals
• Other Category

By Mechanism

• Hydroponics
• Aeroponics
• Aquaponics

By Structure

• Shipping Container
• Building-based

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Vertical Farming Market, by Component
1.4.2 Asia Pacific Vertical Farming Market, by Category
1.4.3 Asia Pacific Vertical Farming Market, by Mechanism
1.4.4 Asia Pacific Vertical Farming Market, by Structure
1.4.5 Asia Pacific Vertical Farming Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Vertical Farming Market by Component
4.1 Asia Pacific Hardware Market by Country
4.2 Asia Pacific Vertical Farming Market by Hardware Type
4.2.1 Asia Pacific Lighting Market by Country
4.2.2 Asia Pacific Hydroponic Components Market by Country
4.2.3 Asia Pacific Climate Control & Sensors Market by Country
4.3 Asia Pacific Software Market by Country
4.4 Asia Pacific Services Market by Country

Chapter 5. Asia Pacific Vertical Farming Market by Category
5.1 Asia Pacific Fruits Vegetables, & Herbs Market by Country
5.2 Asia Pacific Flowers & Ornamentals Market by Country
5.3 Asia Pacific Other Category Market by Country

Chapter 6. Asia Pacific Vertical Farming Market by Mechanism
6.1 Asia Pacific Hydroponics Market by Country
6.2 Asia Pacific Aeroponics Market by Country
6.3 Asia Pacific Aquaponics Market by Country

Chapter 7. Asia Pacific Vertical Farming Market by Structure
7.1 Asia Pacific Shipping Container Market by Country
7.2 Asia Pacific Building-based Market by Country

Chapter 8. Asia Pacific Vertical Farming Market by Country
8.1 China Vertical Farming Market
8.1.1 China Vertical Farming Market by Component
8.1.1.1 China Vertical Farming Market by Hardware Type
8.1.2 China Vertical Farming Market by Category
8.1.3 China Vertical Farming Market by Mechanism
8.1.4 China Vertical Farming Market by Structure
8.2 Japan Vertical Farming Market
8.2.1 Japan Vertical Farming Market by Component
8.2.1.1 Japan Vertical Farming Market by Hardware Type
8.2.2 Japan Vertical Farming Market by Category
8.2.3 Japan Vertical Farming Market by Mechanism
8.2.4 Japan Vertical Farming Market by Structure
8.3 India Vertical Farming Market
8.3.1 India Vertical Farming Market by Component
8.3.1.1 India Vertical Farming Market by Hardware Type
8.3.2 India Vertical Farming Market by Category
8.3.3 India Vertical Farming Market by Mechanism
8.3.4 India Vertical Farming Market by Structure
8.4 South Korea Vertical Farming Market
8.4.1 South Korea Vertical Farming Market by Component
8.4.1.1 South Korea Vertical Farming Market by Hardware Type
8.4.2 South Korea Vertical Farming Market by Category
8.4.3 South Korea Vertical Farming Market by Mechanism
8.4.4 South Korea Vertical Farming Market by Structure
8.5 Singapore Vertical Farming Market
8.5.1 Singapore Vertical Farming Market by Component
8.5.1.1 Singapore Vertical Farming Market by Hardware Type
8.5.2 Singapore Vertical Farming Market by Category
8.5.3 Singapore Vertical Farming Market by Mechanism
8.5.4 Singapore Vertical Farming Market by Structure
8.6 Malaysia Vertical Farming Market
8.6.1 Malaysia Vertical Farming Market by Component
8.6.1.1 Malaysia Vertical Farming Market by Hardware Type
8.6.2 Malaysia Vertical Farming Market by Category
8.6.3 Malaysia Vertical Farming Market by Mechanism
8.6.4 Malaysia Vertical Farming Market by Structure
8.7 Rest of Asia Pacific Vertical Farming Market
8.7.1 Rest of Asia Pacific Vertical Farming Market by Component
8.7.1.1 Rest of Asia Pacific Vertical Farming Market by Hardware Type
8.7.2 Rest of Asia Pacific Vertical Farming Market by Category
8.7.3 Rest of Asia Pacific Vertical Farming Market by Mechanism
8.7.4 Rest of Asia Pacific Vertical Farming Market by Structure

Chapter 9. Company Profiles
9.1 AeroFarms, LLC
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 American Hydroponics
9.2.1 Company Overview
9.3 BrightFarms, Inc. (Cox Enterprises Inc.)
9.3.1 Company Overview
9.4 Plenty Foods Pty Ltd. (Josh Gadischke)
9.4.1 Company Overview
9.5 Bowery Farming, Inc.
9.5.1 Company Overview
9.6 Eden Green Technology
9.6.1 Company Overview
9.7 Lindsay Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.8 Hunter Industries, Inc.
9.8.1 Company Overview
9.9 The Toro Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Valmont Industries, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis

TABLE 1 Asia Pacific Vertical Farming Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Vertical Farming Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Hardware Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Hardware Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Lighting Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Lighting Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Hydroponic Components Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Hydroponic Components Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Climate Control & Sensors Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Climate Control & Sensors Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Software Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Software Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Services Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Services Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Fruits Vegetables, & Herbs Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Fruits Vegetables, & Herbs Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Flowers & Ornamentals Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Flowers & Ornamentals Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Other Category Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Other Category Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Hydroponics Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Hydroponics Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Aeroponics Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Aeroponics Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Aquaponics Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Aquaponics Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Shipping Container Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Shipping Container Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Building-based Market by Country, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Building-based Market by Country, 2024 - 2031, USD Million
TABLE 41 Asia Pacific Vertical Farming Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Vertical Farming Market by Country, 2024 - 2031, USD Million
TABLE 43 China Vertical Farming Market, 2020 - 2023, USD Million
TABLE 44 China Vertical Farming Market, 2024 - 2031, USD Million
TABLE 45 China Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 46 China Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 47 China Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 48 China Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 49 China Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 50 China Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 51 China Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 52 China Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 53 China Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 54 China Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 55 Japan Vertical Farming Market, 2020 - 2023, USD Million
TABLE 56 Japan Vertical Farming Market, 2024 - 2031, USD Million
TABLE 57 Japan Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 58 Japan Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 59 Japan Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 60 Japan Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 61 Japan Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 62 Japan Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 63 Japan Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 64 Japan Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 65 Japan Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 66 Japan Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 67 India Vertical Farming Market, 2020 - 2023, USD Million
TABLE 68 India Vertical Farming Market, 2024 - 2031, USD Million
TABLE 69 India Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 70 India Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 71 India Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 72 India Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 73 India Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 74 India Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 75 India Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 76 India Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 77 India Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 78 India Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 79 South Korea Vertical Farming Market, 2020 - 2023, USD Million
TABLE 80 South Korea Vertical Farming Market, 2024 - 2031, USD Million
TABLE 81 South Korea Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 82 South Korea Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 83 South Korea Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 84 South Korea Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 85 South Korea Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 86 South Korea Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 87 South Korea Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 88 South Korea Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 89 South Korea Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 90 South Korea Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 91 Singapore Vertical Farming Market, 2020 - 2023, USD Million
TABLE 92 Singapore Vertical Farming Market, 2024 - 2031, USD Million
TABLE 93 Singapore Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 94 Singapore Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 95 Singapore Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 96 Singapore Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 97 Singapore Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 98 Singapore Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 99 Singapore Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 100 Singapore Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 101 Singapore Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 102 Singapore Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 103 Malaysia Vertical Farming Market, 2020 - 2023, USD Million
TABLE 104 Malaysia Vertical Farming Market, 2024 - 2031, USD Million
TABLE 105 Malaysia Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 106 Malaysia Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 107 Malaysia Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 108 Malaysia Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 109 Malaysia Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 110 Malaysia Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 111 Malaysia Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 112 Malaysia Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 113 Malaysia Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 114 Malaysia Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 115 Rest of Asia Pacific Vertical Farming Market, 2020 - 2023, USD Million
TABLE 116 Rest of Asia Pacific Vertical Farming Market, 2024 - 2031, USD Million
TABLE 117 Rest of Asia Pacific Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 118 Rest of Asia Pacific Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 119 Rest of Asia Pacific Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 120 Rest of Asia Pacific Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 121 Rest of Asia Pacific Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 122 Rest of Asia Pacific Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 124 Rest of Asia Pacific Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 125 Rest of Asia Pacific Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 127 Key Information – AeroFarms, LLC
TABLE 128 Key Information – American Hydroponics
TABLE 129 Key Information – BrightFarms, Inc.
TABLE 130 Key Information – Plenty Foods Pty Ltd
TABLE 131 Key Information – Bowery Farming, Inc.
TABLE 132 Key Information – Eden Green Technology
TABLE 133 Key Information – Lindsay Corporation
TABLE 134 Key Information – Hunter Industries, Inc.
TABLE 135 Key Information – The Toro Company
TABLE 136 key information – Valmont Industries, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Vertical Farming Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Vertical Farming Market
FIG 4 Porter’s Five Forces Analysis – Vertical Farming Market
FIG 5 Asia Pacific Vertical Farming Market share by Component, 2023
FIG 6 Asia Pacific Vertical Farming Market share by Component, 2031
FIG 7 Asia Pacific Vertical Farming Market by Component, 2020 - 2031, USD Million
FIG 8 Asia Pacific Vertical Farming Market share by Category, 2023
FIG 9 Asia Pacific Vertical Farming Market share by Category, 2031
FIG 10 Asia Pacific Vertical Farming Market by Category, 2020 - 2031, USD Million
FIG 11 Asia Pacific Vertical Farming Market share by Mechanism, 2023
FIG 12 Asia Pacific Vertical Farming Market share by Mechanism, 2031
FIG 13 Asia Pacific Vertical Farming Market by Mechanism, 2020 - 2031, USD Million
FIG 14 Asia Pacific Vertical Farming Market share by Structure, 2023
FIG 15 Asia Pacific Vertical Farming Market share by Structure, 2031
FIG 16 Asia Pacific Vertical Farming Market by Structure, 2020 - 2031, USD Million
FIG 17 Asia Pacific Vertical Farming Market share by Country, 2023
FIG 18 Asia Pacific Vertical Farming Market share by Country, 2031
FIG 19 Asia Pacific Vertical Farming Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: The Toro Company