North America 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 North America Vertical Farming Market would witness market growth of 18.9% CAGR during the forecast period (2024-2031).

The US market dominated the North America Vertical Farming Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,850.1 million by 2031. The Canada market is experiencing a CAGR of 21.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 20.4% during (2024 - 2031).

Sustainability is another defining trend. Vertical farms are increasingly powered by renewable energy sources like solar and wind, addressing criticisms about high electricity consumption. Companies are also experimenting with biodegradable growing mediums and closed-loop systems that recycle nutrients, further lowering their environmental impact. Consumer demand for organic and locally sourced food pushes vertical farms to prioritize transparency, with some offering real-time tracking of produce from seed to shelf.

Additionally, the rise of “farm-to-table” models is a related trend. Vertical farms are popping up inside or near supermarkets, restaurants, and cafeterias, enabling same-day harvest and delivery. This hyper-local approach appeals to millennials and Gen Z, who value freshness and sustainability. Meanwhile, the expansion of vertical farming into non-food crops—such as flowers, cosmetics, ingredients, and biofuels—signals a diversification trend that could broaden the market’s scope.

The market is experiencing significant growth worldwide as nations seek sustainable, space-efficient, and climate-resilient solutions for food production. In North America, factors such as large-scale agricultural land usage in the United States, increasing agricultural exports in Mexico, and strong government support for sustainable farming in Canada are shaping the trajectory of vertical farming. While traditional agriculture remains dominant in these regions, rising demand for food security, environmental sustainability, and technological innovation drives the adoption of vertical farming as a viable complement to conventional farming practices.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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.

North America 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

• US
• Canada
• Mexico
• Rest of North America

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

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

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

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

Chapter 8. North America Vertical Farming Market by Country
8.1 US Vertical Farming Market
8.1.1 US Vertical Farming Market by Component
8.1.1.1 US Vertical Farming Market by Hardware Type
8.1.2 US Vertical Farming Market by Category
8.1.3 US Vertical Farming Market by Mechanism
8.1.4 US Vertical Farming Market by Structure
8.2 Canada Vertical Farming Market
8.2.1 Canada Vertical Farming Market by Component
8.2.1.1 Canada Vertical Farming Market by Hardware Type
8.2.2 Canada Vertical Farming Market by Category
8.2.3 Canada Vertical Farming Market by Mechanism
8.2.4 Canada Vertical Farming Market by Structure
8.3 Mexico Vertical Farming Market
8.3.1 Mexico Vertical Farming Market by Component
8.3.1.1 Mexico Vertical Farming Market by Hardware Type
8.3.2 Mexico Vertical Farming Market by Category
8.3.3 Mexico Vertical Farming Market by Mechanism
8.3.4 Mexico Vertical Farming Market by Structure
8.4 Rest of North America Vertical Farming Market
8.4.1 Rest of North America Vertical Farming Market by Component
8.4.1.1 Rest of North America Vertical Farming Market by Hardware Type
8.4.2 Rest of North America Vertical Farming Market by Category
8.4.3 Rest of North America Vertical Farming Market by Mechanism
8.4.4 Rest of North America 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 North America Vertical Farming Market, 2020 - 2023, USD Million
TABLE 2 North America Vertical Farming Market, 2024 - 2031, USD Million
TABLE 3 North America Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 4 North America Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 5 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 8 North America Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 9 North America Lighting Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Lighting Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Hydroponic Components Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Hydroponic Components Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Climate Control & Sensors Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Climate Control & Sensors Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 20 North America Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 21 North America Fruits Vegetables, & Herbs Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Fruits Vegetables, & Herbs Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Flowers & Ornamentals Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Flowers & Ornamentals Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Other Category Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Other Category Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 28 North America Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 29 North America Hydroponics Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Hydroponics Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Aeroponics Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Aeroponics Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Aquaponics Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Aquaponics Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 36 North America Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 37 North America Shipping Container Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Shipping Container Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Building-based Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Building-based Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Vertical Farming Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Vertical Farming Market by Country, 2024 - 2031, USD Million
TABLE 43 US Vertical Farming Market, 2020 - 2023, USD Million
TABLE 44 US Vertical Farming Market, 2024 - 2031, USD Million
TABLE 45 US Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 46 US Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 47 US Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 48 US Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 49 US Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 50 US Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 51 US Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 52 US Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 53 US Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 54 US Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 55 Canada Vertical Farming Market, 2020 - 2023, USD Million
TABLE 56 Canada Vertical Farming Market, 2024 - 2031, USD Million
TABLE 57 Canada Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 58 Canada Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 59 Canada Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 60 Canada Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 61 Canada Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 62 Canada Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 63 Canada Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 64 Canada Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 65 Canada Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 66 Canada Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 67 Mexico Vertical Farming Market, 2020 - 2023, USD Million
TABLE 68 Mexico Vertical Farming Market, 2024 - 2031, USD Million
TABLE 69 Mexico Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 70 Mexico Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 71 Mexico Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 72 Mexico Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 73 Mexico Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 74 Mexico Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 75 Mexico Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 76 Mexico Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 77 Mexico Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 78 Mexico Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 79 Rest of North America Vertical Farming Market, 2020 - 2023, USD Million
TABLE 80 Rest of North America Vertical Farming Market, 2024 - 2031, USD Million
TABLE 81 Rest of North America Vertical Farming Market by Component, 2020 - 2023, USD Million
TABLE 82 Rest of North America Vertical Farming Market by Component, 2024 - 2031, USD Million
TABLE 83 Rest of North America Vertical Farming Market by Hardware Type, 2020 - 2023, USD Million
TABLE 84 Rest of North America Vertical Farming Market by Hardware Type, 2024 - 2031, USD Million
TABLE 85 Rest of North America Vertical Farming Market by Category, 2020 - 2023, USD Million
TABLE 86 Rest of North America Vertical Farming Market by Category, 2024 - 2031, USD Million
TABLE 87 Rest of North America Vertical Farming Market by Mechanism, 2020 - 2023, USD Million
TABLE 88 Rest of North America Vertical Farming Market by Mechanism, 2024 - 2031, USD Million
TABLE 89 Rest of North America Vertical Farming Market by Structure, 2020 - 2023, USD Million
TABLE 90 Rest of North America Vertical Farming Market by Structure, 2024 - 2031, USD Million
TABLE 91 Key Information – AeroFarms, LLC
TABLE 92 Key Information – American Hydroponics
TABLE 93 Key Information – BrightFarms, Inc.
TABLE 94 Key Information – Plenty Foods Pty Ltd
TABLE 95 Key Information – Bowery Farming, Inc.
TABLE 96 Key Information – Eden Green Technology
TABLE 97 Key Information – Lindsay Corporation
TABLE 98 Key Information – Hunter Industries, Inc.
TABLE 99 Key Information – The Toro Company
TABLE 100 key information – Valmont Industries, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Vertical Farming Market share by Component, 2023
FIG 6 North America Vertical Farming Market share by Component, 2031
FIG 7 North America Vertical Farming Market by Component, 2020 - 2031, USD Million
FIG 8 North America Vertical Farming Market share by Category, 2023
FIG 9 North America Vertical Farming Market share by Category, 2031
FIG 10 North America Vertical Farming Market by Category, 2020 - 2031, USD Million
FIG 11 North America Vertical Farming Market share by Mechanism, 2023
FIG 12 North America Vertical Farming Market share by Mechanism, 2031
FIG 13 North America Vertical Farming Market by Mechanism, 2020 - 2031, USD Million
FIG 14 North America Vertical Farming Market share by Structure, 2023
FIG 15 North America Vertical Farming Market share by Structure, 2031
FIG 16 North America Vertical Farming Market by Structure, 2020 - 2031, USD Million
FIG 17 North America Vertical Farming Market share by Country, 2023
FIG 18 North America Vertical Farming Market share by Country, 2031
FIG 19 North America Vertical Farming Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: The Toro Company