LAMEA 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 Latin America, Middle East and Africa Vertical Farming Market would witness market growth of 21.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Vertical Farming Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $560.1 million by 2031. The Argentina market is showcasing a CAGR of 22.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 20.3% during (2024 - 2031).

Urban adoption is particularly notable. Cities like New York, Tokyo, and Dubai have integrated vertical farms into their infrastructure, often supported by government incentives to enhance local food security. Meanwhile, developing countries are beginning to explore the technology, though high initial costs and limited technical expertise pose barriers. Pilot projects in India, Kenya, and Brazil demonstrate potential, often backed by international organizations seeking to bolster rural and peri-urban food systems.

Additionally, corporate adoption is another key driver. Retail giants like Walmart and Amazon have invested in vertical farming to shorten supply chains and offer fresher produce to customers. Restaurants and grocery chains also partner with vertical farm operators to source hyper-local ingredients that appeal to eco-conscious consumers.

In Brazil, the rapid growth of AI adoption, with spending surpassing $1 billion in 2023, is transforming agricultural practices, including vertical farming. AI-driven intelligent process automation (IPA), which saw a 17% increase in investment, enables real-time monitoring of plant health, automated nutrient delivery, and precision farming techniques. These advancements improve crop yields, reduce resource wastage, and lower operational costs, making vertical farming more economically sustainable. As AI integration continues to evolve, Brazil’s vertical farming industry is expected to benefit from enhanced efficiency and predictive analytics, optimizing production cycles.

Free Valuable Insights: The Worldwide Vertical Farming Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vertical Farming Market, by Component
1.4.2 LAMEA Vertical Farming Market, by Category
1.4.3 LAMEA Vertical Farming Market, by Mechanism
1.4.4 LAMEA Vertical Farming Market, by Structure
1.4.5 LAMEA 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. LAMEA Vertical Farming Market by Component
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Vertical Farming Market by Hardware Type
4.2.1 LAMEA Lighting Market by Country
4.2.2 LAMEA Hydroponic Components Market by Country
4.2.3 LAMEA Climate Control & Sensors Market by Country
4.3 LAMEA Software Market by Country
4.4 LAMEA Services Market by Country

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

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

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

Chapter 8. LAMEA Vertical Farming Market by Country
8.1 Brazil Vertical Farming Market
8.1.1 Brazil Vertical Farming Market by Component
8.1.1.1 Brazil Vertical Farming Market by Hardware Type
8.1.2 Brazil Vertical Farming Market by Category
8.1.3 Brazil Vertical Farming Market by Mechanism
8.1.4 Brazil Vertical Farming Market by Structure
8.2 Argentina Vertical Farming Market
8.2.1 Argentina Vertical Farming Market by Component
8.2.1.1 Argentina Vertical Farming Market by Hardware Type
8.2.2 Argentina Vertical Farming Market by Category
8.2.3 Argentina Vertical Farming Market by Mechanism
8.2.4 Argentina Vertical Farming Market by Structure
8.3 UAE Vertical Farming Market
8.3.1 UAE Vertical Farming Market by Component
8.3.1.1 UAE Vertical Farming Market by Hardware Type
8.3.2 UAE Vertical Farming Market by Category
8.3.3 UAE Vertical Farming Market by Mechanism
8.3.4 UAE Vertical Farming Market by Structure
8.4 Saudi Arabia Vertical Farming Market
8.4.1 Saudi Arabia Vertical Farming Market by Component
8.4.1.1 Saudi Arabia Vertical Farming Market by Hardware Type
8.4.2 Saudi Arabia Vertical Farming Market by Category
8.4.3 Saudi Arabia Vertical Farming Market by Mechanism
8.4.4 Saudi Arabia Vertical Farming Market by Structure
8.5 South Africa Vertical Farming Market
8.5.1 South Africa Vertical Farming Market by Component
8.5.1.1 South Africa Vertical Farming Market by Hardware Type
8.5.2 South Africa Vertical Farming Market by Category
8.5.3 South Africa Vertical Farming Market by Mechanism
8.5.4 South Africa Vertical Farming Market by Structure
8.6 Nigeria Vertical Farming Market
8.6.1 Nigeria Vertical Farming Market by Component
8.6.1.1 Nigeria Vertical Farming Market by Hardware Type
8.6.2 Nigeria Vertical Farming Market by Category
8.6.3 Nigeria Vertical Farming Market by Mechanism
8.6.4 Nigeria Vertical Farming Market by Structure
8.7 Rest of LAMEA Vertical Farming Market
8.7.1 Rest of LAMEA Vertical Farming Market by Component
8.7.1.1 Rest of LAMEA Vertical Farming Market by Hardware Type
8.7.2 Rest of LAMEA Vertical Farming Market by Category
8.7.3 Rest of LAMEA Vertical Farming Market by Mechanism
8.7.4 Rest of LAMEA 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 LAMEA Vertical Farming Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Vertical Farming Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 4 LAMEA Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 5 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 8 LAMEA Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 9 LAMEA Lighting Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Lighting Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Hydroponic Components Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Hydroponic Components Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Climate Control & Sensors Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Climate Control & Sensors Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Services Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Services Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 20 LAMEA Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 21 LAMEA Fruits Vegetables, & Herbs Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Fruits Vegetables, & Herbs Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Flowers & Ornamentals Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Flowers & Ornamentals Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Other Category Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Other Category Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 28 LAMEA Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 29 LAMEA Hydroponics Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Hydroponics Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Aeroponics Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Aeroponics Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Aquaponics Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Aquaponics Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 36 LAMEA Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 37 LAMEA Shipping Container Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Shipping Container Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Building-based Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Building-based Market by Country, 2024 - 2031, USD Million
TABLE 41 LAMEA Vertical Farming Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Vertical Farming Market by Country, 2024 - 2031, USD Million
TABLE 43 Brazil Vertical Farming Market, 2020 - 2023, USD Million
TABLE 44 Brazil Vertical Farming Market, 2024 - 2031, USD Million
TABLE 45 Brazil Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 46 Brazil Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 47 Brazil Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 48 Brazil Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 49 Brazil Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 50 Brazil Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 51 Brazil Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 52 Brazil Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 53 Brazil Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 54 Brazil Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 55 Argentina Vertical Farming Market, 2020 - 2023, USD Million
TABLE 56 Argentina Vertical Farming Market, 2024 - 2031, USD Million
TABLE 57 Argentina Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 58 Argentina Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 59 Argentina Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 60 Argentina Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 61 Argentina Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 62 Argentina Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 63 Argentina Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 64 Argentina Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 65 Argentina Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 66 Argentina Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 67 UAE Vertical Farming Market, 2020 - 2023, USD Million
TABLE 68 UAE Vertical Farming Market, 2024 - 2031, USD Million
TABLE 69 UAE Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 70 UAE Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 71 UAE Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 72 UAE Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 73 UAE Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 74 UAE Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 75 UAE Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 76 UAE Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 77 UAE Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 78 UAE Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 79 Saudi Arabia Vertical Farming Market, 2020 - 2023, USD Million
TABLE 80 Saudi Arabia Vertical Farming Market, 2024 - 2031, USD Million
TABLE 81 Saudi Arabia Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 82 Saudi Arabia Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 83 Saudi Arabia Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 84 Saudi Arabia Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 85 Saudi Arabia Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 88 Saudi Arabia Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 89 Saudi Arabia Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 90 Saudi Arabia Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 91 South Africa Vertical Farming Market, 2020 - 2023, USD Million
TABLE 92 South Africa Vertical Farming Market, 2024 - 2031, USD Million
TABLE 93 South Africa Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 94 South Africa Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 95 South Africa Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 96 South Africa Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 97 South Africa Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 98 South Africa Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 99 South Africa Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 100 South Africa Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 101 South Africa Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 102 South Africa Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 103 Nigeria Vertical Farming Market, 2020 - 2023, USD Million
TABLE 104 Nigeria Vertical Farming Market, 2024 - 2031, USD Million
TABLE 105 Nigeria Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 106 Nigeria Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 107 Nigeria Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 108 Nigeria Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 109 Nigeria Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 110 Nigeria Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 111 Nigeria Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 112 Nigeria Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 113 Nigeria Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 114 Nigeria Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 115 Rest of LAMEA Vertical Farming Market, 2020 - 2023, USD Million
TABLE 116 Rest of LAMEA Vertical Farming Market, 2024 - 2031, USD Million
TABLE 117 Rest of LAMEA Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 118 Rest of LAMEA Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 119 Rest of LAMEA Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 120 Rest of LAMEA Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 121 Rest of LAMEA Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 124 Rest of LAMEA Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 125 Rest of LAMEA Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 126 Rest of LAMEA 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 LAMEA 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 LAMEA Vertical Farming Market share by Component, 2023
FIG 6 LAMEA Vertical Farming Market share by Component, 2031
FIG 7 LAMEA Vertical Farming Market by Component, 2020 - 2031, USD Million
FIG 8 LAMEA Vertical Farming Market share by Category, 2023
FIG 9 LAMEA Vertical Farming Market share by Category, 2031
FIG 10 LAMEA Vertical Farming Market by Category, 2020 - 2031, USD Million
FIG 11 LAMEA Vertical Farming Market share by Mechanism, 2023
FIG 12 LAMEA Vertical Farming Market share by Mechanism, 2031
FIG 13 LAMEA Vertical Farming Market by Mechanism, 2020 - 2031, USD Million
FIG 14 LAMEA Vertical Farming Market share by Structure, 2023
FIG 15 LAMEA Vertical Farming Market share by Structure, 2031
FIG 16 LAMEA Vertical Farming Market by Structure, 2020 - 2031, USD Million
FIG 17 LAMEA Vertical Farming Market share by Country, 2023
FIG 18 LAMEA Vertical Farming Market share by Country, 2031
FIG 19 LAMEA Vertical Farming Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: The Toro Company