North America Vertical Farming, Greenhouse, and Field Production Market is estimated to be worth 28.44 USD Billion in 2022, and is expected to reach USD 107.93 Billion by 2031, growing at a CAGR of 16.13% during the forecast period 2022 to 2031.

The North America Vertical Farming, Greenhouse, and Field Production Market is being driven by several factors, including the growing demand for fresh, locally grown produce, increasing consumer awareness about the benefits of sustainable agriculture, and the need for more efficient and sustainable farming practices. With rising concerns about food security, climate change, and the environmental impact of traditional agriculture, there is a growing demand for alternative farming methods that can produce high-quality, nutrient-dense crops without the use of harmful pesticides or fertilizers.

One of the major trends driving the North America Vertical Farming, Greenhouse, and Field Production Market is the increasing use of advanced technologies, such as automation, artificial intelligence, and data analytics, to improve the efficiency and productivity of farming operations. Vertical farming and greenhouse production are highly suited to these technologies, as they allow for precise control over factors such as light, temperature, and humidity, which can have a significant impact on crop yields and quality. As these technologies become more affordable and accessible, we can expect to see continued growth and innovation in this sector.

Another important trend driving the North America Vertical Farming, Greenhouse, and Field Production Market is the growing interest in sustainable and regenerative agriculture practices. Consumers are increasingly aware of the impact that their food choices have on the environment and are looking for ways to reduce their carbon footprint and support local farmers. This has led to a rise in demand for locally grown, organic produce that is grown using sustainable methods such as regenerative agriculture, which focuses on building healthy soil and ecosystems to promote the long-term health and productivity of the land. As the demand for sustainable produce continues to grow, we can expect to see more farmers adopting these methods and more investment in sustainable agriculture technology.

North America Vertical Farming, Greenhouse, and Field Production Market Segmentation

By Strawberries

• Vertical farming
• Greenhouse production
• Field production

By Lettuce

• Vertical farming
• Greenhouse production
• Field production

By Leafy Greens

• Vertical farming
• Greenhouse production
• Field production

By Herbs

• Vertical farming
• Greenhouse production
• Field production

Company Profiles North America Vertical Farming, Greenhouse, and Field Production Market

• Aero Farms
• Bright Farms
• Gotham Greens
• Plenty
• Revol Greens
• Village Farms
• Nature Fresh Farms
• Houweling's Group
• Dole Food Company
• Driscoll's
• Taylor Farms

North America Vertical Farming, Greenhouse, and Field Production Market Driver Analysis

Growing demand for fresh produce:

The demand for fresh produce in North America has been increasing due to a growing awareness of the health benefits of fresh food and the desire for locally grown produce that is free from pesticides and other chemicals. Vertical farming, greenhouse, and field production can provide a year-round supply of fresh produce that is locally grown, reducing the need for long-distance transportation.

Need for efficient use of land and resources:

In North America, the availability of arable land is limited, and there is a need to maximize the use of available land and resources. Vertical farming, greenhouse, and field production can provide a solution to this problem by maximizing the use of vertical space and reducing water and fertilizer usage.

Interest in sustainable agriculture:

There is a growing interest in sustainable agriculture in North America, and vertical farming, greenhouse, and field production can help reduce the environmental impact of traditional farming methods. These systems use less water, require fewer pesticides, and produce less waste than traditional farming methods.

North America Vertical Farming, Greenhouse, and Field Production Market Recent Developments

• AeroFarms AgX, Grand Opening in Abu Dhabi, UAE: Debut of The World's Largest R&D Indoor Vertical Farm
• BrightFarms Expands with Four New Regional Salad Greenhouse Hubs
• Gotham Greens Debuts Brand New Line of Plant-Based Dips
• Realty Income and Plenty Announce Strategic Alliance for up to $1 Billion of Vertical Farm Development
• Revol Greens Partners with Blue Radix to Add Autonomous Growing To US Greenhouses

North America Vertical Farming, Greenhouse, and Field Production Market Regional

The United States is expected to remain the largest market for vertical farming, greenhouse, and field production in North America, with a CAGR of 16.31% from 2023 to 2031. This growth is being driven by several factors, including increasing investment in vertical farming and greenhouse production by large agribusiness companies, the growing popularity of urban farming and community-supported agriculture (CSA) programs, and the increasing adoption of technology-enabled farming practices.

Canada is also expected to see strong growth in the vertical farming, greenhouse, and field production market, with a projected CAGR of 15.91% from 2023 to 2031. This growth is being driven by several factors, including increasing demand for locally grown, organic produce, the availability of government subsidies and other incentives for vertical farming and greenhouse production, and the growing popularity of sustainable farming practices.

Mexico is also expected to see strong growth in the vertical farming, greenhouse, and field production market, with a projected CAGR of 15.64% from 2023 to 2031. This growth is being driven by several factors, including increasing investment in vertical farming and greenhouse production by large agribusiness companies, the growing demand for fresh produce in Mexico's urban centers, and the availability of government subsidies and other incentives for sustainable farming practices.

Overall, the total North American vertical farming, greenhouse, and field production market is expected to grow from USD 21.92 billion in 2020 to USD 107.93 billion in 2031. This growth will be driven by increasing demand for locally grown, sustainable and fresh produce, as well as the adoption of technology-enabled farming practices that improve efficiency and reduce environmental impact.

North America

• US
• Canada

Europe

• Germany
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA