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The global vertical farming is expected to grow at a CAGR of about 21% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the use of specialised technologies for agricultural processes and increasing demand for organic food.
AeroFarms LLC, Plenty Unlimited Inc., Bowery Farming, Gotham Greens Holdings, LLC, Futurae Farms Inc., Iron Ox Inc., InFarm, Agricool, Green Sense Farms Holdings Inc., Crop One, among others, are the major players in the global vertical farming market.
The global vertical farming market is expected to grow at a CAGR of about 21% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the use of specialised technologies for agricultural processes and increasing demand for organic food.
Awareness regarding food security and the importance of nutrition is attracting a large number of end users, fuelling the demand for vertical farming, and contributing to the growth of the global vertical farming market. Moreover, the trend of localised and organic food, with users getting fresh items directly from the farm to homes is also helping the market expand.
With growing populations worldwide, and limited areas available for agriculture, vertical farming offers an effective solution. Key players are focussing on developing controlled environmental agriculture technologies for use by farmers, particularly those that can be used in indoor farming.
Development of advanced technologies is helping to keep a track of harvesting and growth of the plants, making the process easier and ultimately contributing to the growth of the market. Technological advancements also include various types of artificial plant growth techniques.
Innovative farming techniques reduce the need for machines during farming and maximise produce from limited land. Small spaces can be utilised for vertical farming, increasing the harvest size exponentially, due to which vertical farming is widely adopted by a greater number of people globally.
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Headquarters: | New Jersey, United States |
Establishment: | 2004 |
Website: | https://www.aerofarms.com/ |
AeroFarms LLC is an agricultural company which aims at supporting the growth of the best quality plants to benefit humanity. It is a certified B corporation involved in innovations in artificial intelligence, plant biology, and indoor vertical farming to improve the system by which fresh food is produced and then supplied globally. They have developed their own agriculture platform to grow a variety of products with superior quality and flavour and high nutritional content to build a healthy and happy world.
Headquarters: | California, United States |
Establishment: | 2013 |
Website: | https://www.plenty.ag/ |
Plenty Unlimited Inc. designs and develops indoor vertical farms in such a way that best quality, fresh, pesticide-free, and flavoured greens can be grown. Their vertical farms are designed to support growth even in the absence of sunlight and using a fraction of land, nutrient systems, lighting, and water as compared to conventional farming. Elimination of spraying of pesticides is one of the major factors that their technology facilitates. It aims at providing food cultivation close to wear it will be consumed, providing services through in-store, farm, and online stores. They are also organic certificated.
Headquarters: | New York, United States |
Establishment: | 2015 |
Website: | http://boweryfarming.com/ |
Bowery Farming Inc. is a farming company that creates solutions and eradicates problems related to farming and is involved in the manufacture of local and fresh food for various cities. They build indoor farms outside of cities to grow quality and flavoured products using limited water and space. They focus on producing pollutant-free, safe, flavoured, and fresh greens for consumption by local communities. They believe in utilising technology to re-imagine the food producing system for a better and sustainable future. They produce their own vegetables and fruits overcoming challenges such as weather, distance, and other factors.
Headquarters: | New York, United States |
Establishment: | 2009 |
Website: | https://www.gothamgreens.com/ |
Gotham Greens Holdings, LLC is a fresh food and urban agricultural company that delivers delicious, fresh, and long-lasting salads, greens, sauces, herbs, and dips to various food service customers, retails shops, and restaurants. They follow a sustainable growing technique that helps them produce premium quality food products. They have numerous local greenhouses that make production as well as transportation easy and cost-effective. By using hydroponic methods of growing crops, the company is able to use less land and water as compared to traditional farms.
Headquarters: | California, United States |
Establishment: | 2021 |
Website: | https://www.futuraefarms.com/ |
Futurae Farms Inc. is a farming and technology company that is known for providing accessible and quality food products globally. They focus on overcoming challenges such as reducing supply chain issues, delivering nutritious food globally, and mitigating the effects of climate change. Their produce provides health benefits both to adults as well as children along with nutrients. They do not add pesticides and chemicals to their produce which is purely organic which ultimately benefits not only the entire body but also the mind.
Headquarters: | California, United States |
Establishment: | 2015 |
Website: | https://ironox.com/ |
Iron Ox, Inc. believes in improving the quality of food with the help of technology. They have their own methods of producing fresh food using minimum resources such as land. Robots and artificial intelligence are used to ensure optimal amount of delivery of water, nutrients, and sunlight to each individual plant. They cater to local communities to ensure freshness while the food gets delivered to the consumer.
Headquarters: | Berlin, Germany |
Establishment: | 2013 |
Website: | https://www.infarm.com/ |
InFarm produces premium quality food products in a range of varieties including mix salads, mushrooms, aromatic herbs, lettuce, leafy greens, and microgreens. They believe in using technology at its best, creating unique climates for each crop which allows them to grow any crop anywhere and at anytime with no challenges. They keep track of farming procedures every minute with the help of ‘farmer in the cloud’ technology, providing the world with quality products for healthier life.
Headquarters: | Drancy, France |
Establishment: | 2015 |
Website: | https://www.agricool.co/ |
Agricool is an agricultural company that produces vegetables and fruits that are fresh, tasty, pesticide-free, sustainable, and available locally. Some of their products include strawberries, coriander, parsley, basil, and lettuce mix. They aim to contribute to a better world by offering heathy and responsible systems of food. They use recycled shipping containers for packaging of fruits and vegetables for better air quality, suitable temperature, and improved lighting with 100% renewable energy.
Headquarters: | Indiana, United States |
Establishment: | 2011 |
Website: | https://www.greensensefarms.com/ |
Green Sense Farms Holdings, Inc. is a farming company that is involved in contract research, building services, farm designing, and horticulture consulting. They provide international as well as domestic facilities to fulfil the needs and demands of the farmers and plants. The designs produced by them enable easy operations, increasing output and ultimately increasing the profitability.
Headquarters: | Massachusetts, United States |
Establishment: | 2012 |
Website: | https://cropone.ag/ |
Crop One is a food and beverage service company that uses hydroponic technology to produce fresh, delicious, and nutritious food products without using any chemicals or pesticides. Their science and technology experts assure production of increased yield using less land and water than that used in traditional farming. They also promise to deliver fresh produce directly from farms to customers within 24 hours. Their products have long shelf life and are tastier than traditionally produced food products.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124