Europe Vertical Farming Market is Likely to Upsurge USD 5,877.77 Million by 2030, Size, Share, Trends, Demand, Growth and Opportunity Analysis

Published August 17, 2023

Europe Vertical Farming MarketData Bridge Market Research analyses that the scientific instruments market, which was USD 913.56 million in 2022, would rise to USD 5,877.77 million by 2030 and is expected to undergo a CAGR of 26.20% during the forecast period 2023 to 2030.

Europe Vertical Farming Market research report delivers widespread analysis of the market structure along with the estimations of the various segments and sub-segments of the market. This industry report also contains detailed profiles of market’s major manufacturers and importers who are dominating the market. Furthermore, the statistical and numerical data such as facts and figures are represented very precisely in the market report by using charts, tables, or graphs. The transformation in market landscape is mainly observed due to the moves of key players or brands which include developments, product launches, joint ventures, mergers, and acquisitions that in turn change the view of the global face of the industry.

Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for building Europe Vertical Farming Market research report. Commitment, quality, dedication, and transparency in the market research report are all followed throughout to give the best service to the clients. Not to mention, this report delivers an in-depth study with respect to present and upcoming opportunities which shed light on the future investment in the market. So, to achieve competitive advantage and to thrive in the market, go for the comprehensive Europe Vertical Farming Market report.

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Market Definition

Vertical farming is a method by which crops mature in vertically stacked layers. It is completed in a controlled environment using techniques such as hydroponics, aquaponics, and aeroponics that do not use soil. It uses mineral nutrition solutions to grow food in water without soil. The main advantage of this method is that it reduces soil-related cultivation issues such as soil-borne pests, insects, and illnesses.

Some of the major players operating in the vertical farming market are:

  • Deere and Company (U.S.)
  • CropMetrics LLC (Netherlands)
  • Trimble Navigation Limited (Australia)
  • CropX (U.S.)
  • AgSmarts Inc (India)
  • AgSense, LLC (India)
  • AGCO Corporation (Austria)
  • DICKEY-john (U.K.)
  • Monsanto Company (Mexico)
  • Ag Leader Technology (U.S.)
  • Farmers Edge (U.S.)
  • GEOSYS (U.S.)
  • Granular (U.S.)
  • Gro Intelligence (U.S.)
  • Proagrica (U.K.)
  • Fasal (India)
  • AGEYE Technologies (U.S.)
  • HelioPas AI (Germany)
  • OneSoil (Belarus)
Europe Vertical Farming Market Dynamics


  • Growing popularity of hydroponics growth mechanism

The increasing popularity of the hydroponics growth mechanism is expected to drive market growth during the forecast period. Hydroponics is a popular growth mechanism because of its low installation costs and ease of operations. It is a procedure for growing plants without soil. Here the soil is replaced by a mineral solution placed around the plant roots. Also, the hydroponics method reduces the risk of soil organisms causing diseases. Growing awareness among farmers and consumers about the side effects of pesticides will likely surge the demand for hydroponics and eventually drive the market growth rate.

  • Increasing adoption of automation and digitization in vertical farming

Growing adoption of automation and digitization in vertical farming will likely propel market growth in the projected period. Automation and digitization in vertical farming minimize time, reduce distribution and environmental expenses, improve production, and standardize high quality. The Internet of things (IoT) has become the mainstream technology in vertical farming that drives agriculture. The internet of things (IoT) growth has revolutionized the agriculture sector and boosted the market growth.


  • Emerging technological advancement in the agriculture sector

As the vertical farming industry grows, new trends in the agriculture sector are evolving to keep up with technological advancements. One of the newest trends is next-generation vertical farms, which are farms that use hi-tech methods to produce high quality and quantity of crops all year round. For instance, Sweetgreen, a Swedish company that operates in the vertical farming market using a digitally based in-store service, debuted and developed the ‘NextGen’ of super-efficient in-store vertical farms in 2021. The ‘Farming-as-a-Service growing’ company unit for leafy greens is now at the store’s door. Thus, the emerging technological advancement in agriculture will likely generate lucrative market growth opportunities.

  • The increasing rate of population widens the market scope 

As a result of increasing populations and per capita incomes, which have changed consumer preferences for more healthy, organic, and environmentally friendly foods, the vertical farming industry has been growing in various ways across geographical areas of Europe. This has created several opportunities for vertical farming businesses. The market for organic farming, which naturally inclines to produce vegetables and fruits without pesticides and insecticides, highly depends on vertical farming. Therefore, the increasing rate of population will create ample opportunities for market growth.

Restraints/ Challenges

  • The high initial cost associated with vertical farming

The high initial cost of vertical farming is expected to hamper the market’s growth during the forecast period. Vertical farming is expensive because every step of this process, from locating the right facilities to selecting the best performing crops, costs a major amount of money. Also, the land prices alone considerably increase the upfront cost because land in metropolitan regions of Europe is normally costly. Hence, these factors will hamper the market growth.

  • Lack of practical knowledge

Lack of practical knowledge related to vertical farming among farmers is also one of the major factors likely to hamper the growth of the vertical farming market. Lack of knowledge among farmers regarding the usage of A.I.-based vertical farming is hampering the market growth. A.I. in vertical farming helps manage the farmer energy consumption and creates numerous opportunities to become more sustainable farming.

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Europe Vertical Farming Market Scope

The vertical farming market is segmented on the basis of growth mechanism, structure, type, application, offering, component and fruits, vegetables and herbs. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Growth Mechanism

  • Hydroponics
  • Aeroponics
  • Terraponics
  • Aquaponics


  • Shipping Containers
  • Building Based


  • Bio pesticides
  • Bio fertilizer
  • Bio stimulants

 Crop Type

  • Leafy Green
  • Pollinated Plants
  • Nutraceutical Plants


  • Indoor
  • Outdoor


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


  • Lighting System
  • Irrigation and Fertigation System
  • Climate Control
  • Sensors
  • Building Material
  • HVAC systems
  • Shelves and Racks
  • Others

Fruits, Vegetables and Herbs

  • Bell and Chili peppers
  • Strawberry
  • Tomato
  • Lettuce
  • Cucumber
  • Herbs
  • Leafy Greens (excluding lettuce)
  • Others

Europe Vertical Farming Market Regional Analysis/Insights

The Europe Vertical Farming market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Europe Vertical Farming market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Europe Vertical Farming within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Europe Vertical Farming market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The report answers questions such as:

  1. What is the market size and forecast of the Europe Vertical Farming Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Europe Vertical Farming Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Europe Vertical Farming Market?
  4. What is the competitive strategic window for opportunities in the Europe Vertical Farming Market?
  5. What are the technology trends and regulatory frameworks in the Europe Vertical Farming Market?
  6. What is the market share of the leading vendors in the Europe Vertical Farming Market?
  7. What modes and strategic moves are considered suitable for entering the Europe Vertical Farming Market?

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