×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

India Vertical Farming Market

ID: MRFR/SEM/19166-HCR
128 Pages
Garvit Vyas
October 2025

India Vertical Farming Market Research Report Information By Component (Irrigation Components, Lighting, Sensors, Climate Control, Building Materials (Glass Greenhouse, Plastic Greenhouse), Others), By Structure (Building-based Vertical Farms, Container-based Vertical Farms), By Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics), By Application (Indoor, Outdoor) – India Market Forecast Till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

India Vertical Farming Market Infographic
Purchase Options

India Vertical Farming Market Summary

As per MRFR analysis, the India Vertical Farming Market Size was estimated at 76.77 USD Billion in 2024. The India Vertical Farming industry is projected to grow from 93.28 USD Billion in 2025 to 654.05 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 21.5 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India Vertical Farming Market is poised for substantial growth driven by technological advancements and increasing consumer demand for sustainable practices.

  • Technological advancements are revolutionizing vertical farming, enhancing efficiency and yield.
  • Urbanization and space constraints in India are propelling the adoption of vertical farming solutions.
  • The irrigation components segment remains the largest, while lighting solutions are experiencing rapid growth.
  • Key market drivers include government initiatives supporting sustainable agriculture and rising consumer awareness for fresh produce.

Market Size & Forecast

2024 Market Size 76.77 (USD Billion)
2035 Market Size 654.05 (USD Billion)
CAGR (2025 - 2035) 21.5%

Major Players

AeroFarms (US), UrbanKisaan (IN), Ninjacart (IN), AgriCool (IN), Oxygreens (IN), Sky Greens (SG), GreenSpire (IN), FarmedHere (US), GrowUp Urban Farms (GB)

India Vertical Farming Market Trends

The India Vertical Farming Market is currently experiencing a transformative phase, driven by a confluence of technological advancements and increasing urbanization. As cities expand, the demand for sustainable food production methods intensifies. Vertical farming, which utilizes innovative techniques such as hydroponics and aeroponics, appears to offer a viable solution to the challenges posed by traditional agriculture. This method not only conserves space but also optimizes resource use, making it particularly appealing in densely populated areas. Furthermore, the growing awareness of environmental issues and the need for food security are propelling investments in this sector. Stakeholders are increasingly recognizing the potential of vertical farming to contribute to a more resilient food system. In addition to technological innovations, the India Vertical Farming Market is witnessing a shift in consumer preferences towards locally sourced and organic produce. This trend suggests that urban consumers are becoming more health-conscious and environmentally aware, which could further stimulate demand for vertical farming products. Moreover, government initiatives aimed at promoting sustainable agricultural practices may provide additional support to this burgeoning market. As the landscape evolves, it is likely that vertical farming will play a crucial role in shaping the future of food production in India, addressing both economic and ecological challenges.

Technological Advancements

The integration of cutting-edge technologies in vertical farming is reshaping the landscape of agriculture. Innovations such as automated systems, artificial intelligence, and advanced lighting solutions are enhancing efficiency and productivity. These developments not only streamline operations but also reduce labor costs, making vertical farming more accessible to a broader range of stakeholders.

Urbanization and Space Constraints

As urban areas continue to expand, the pressure on land resources intensifies. Vertical farming emerges as a practical solution to address space limitations in cities. By utilizing vertical space, this method allows for the cultivation of crops in urban settings, thereby reducing transportation costs and ensuring fresher produce for city dwellers.

Consumer Demand for Sustainability

There is a noticeable shift in consumer preferences towards sustainable and locally sourced food. This trend indicates a growing awareness of environmental issues and a desire for healthier options. Vertical farming aligns with these values, as it minimizes the carbon footprint associated with traditional agriculture and provides fresh produce directly to urban markets.

India Vertical Farming Market Drivers

Government Initiatives and Support

The India Vertical Farming Market is bolstered by various government initiatives aimed at promoting sustainable agriculture. The government has introduced policies that encourage investment in vertical farming technologies and infrastructure. Financial incentives, subsidies, and grants are being provided to startups and established businesses in the vertical farming sector. As of 2025, the government aims to increase the contribution of vertical farming to the national food supply, thereby enhancing food security. These initiatives not only support farmers but also stimulate economic growth in the agricultural sector. The proactive stance of the government indicates a commitment to fostering innovation and sustainability within the India Vertical Farming Market.

Urbanization and Space Limitations

Rapid urbanization in India is a significant driver for the India Vertical Farming Market. With over 34% of the population residing in urban areas as of 2025, the demand for space-efficient agricultural solutions is paramount. Vertical farming offers a viable alternative to traditional farming, particularly in densely populated cities where land is scarce. This method allows for the cultivation of crops in multi-layered systems, maximizing yield per square foot. Furthermore, urban vertical farms can reduce transportation costs and carbon footprints by providing fresh produce closer to consumers. The increasing number of urban dwellers is likely to propel the vertical farming sector, as it addresses both food security and environmental sustainability challenges faced by urban populations.

Technological Innovations in Agriculture

The India Vertical Farming Market is experiencing a surge in technological innovations that enhance agricultural productivity. Advanced hydroponics, aeroponics, and aquaponics systems are being integrated into vertical farms, allowing for year-round crop production. These technologies not only optimize space but also reduce water usage by up to 90% compared to traditional farming methods. The adoption of smart farming technologies, such as IoT sensors and AI-driven analytics, is further streamlining operations and improving yield quality. As of 2025, the market is projected to grow at a compound annual growth rate (CAGR) of approximately 24%, driven by these technological advancements. This trend indicates a shift towards more efficient and sustainable farming practices, positioning the India Vertical Farming Market as a key player in the future of agriculture.

Climate Change and Environmental Concerns

The impact of climate change poses a considerable challenge to traditional agriculture, thereby driving interest in the India Vertical Farming Market. Vertical farming systems are designed to be resilient against climate variability, utilizing controlled environments to mitigate the effects of adverse weather conditions. This method significantly reduces the reliance on arable land and minimizes water usage, addressing critical environmental concerns. As climate-related issues become more pronounced, the demand for sustainable agricultural practices is expected to rise. The India Vertical Farming Market is well-positioned to capitalize on this trend, offering solutions that not only enhance food production but also contribute to environmental conservation efforts.

Rising Consumer Awareness and Demand for Fresh Produce

There is a growing consumer awareness regarding health and nutrition, which is significantly influencing the India Vertical Farming Market. As consumers increasingly seek fresh, organic, and locally sourced produce, vertical farming emerges as a solution that meets these demands. The ability to grow crops without pesticides and with minimal environmental impact appeals to health-conscious consumers. Market data suggests that the demand for organic produce is expected to rise by 20% annually, further driving the vertical farming sector. This shift in consumer preferences is likely to encourage more investments in vertical farming, as businesses strive to align their offerings with the evolving market landscape.

Market Segment Insights

By Component: Irrigation Components (Largest) vs. Lighting (Fastest-Growing)

In the India Vertical Farming Market, the component segment is characterized by a diverse distribution of market shares. Irrigation components hold the largest share, driven by the essential nature of water management in vertical farming. Following closely are lighting solutions, which are rapidly gaining traction due to advancements in LED technology. Other segment values, including sensors, climate control, and building materials, collectively contribute to the market dynamics, but their shares are comparatively smaller, reflecting niche applications within vertical farms. The growth trajectory for components in vertical farming is significantly influenced by technological advancements and increasing awareness of sustainable farming practices. As urbanization continues to rise in India, there is a growing demand for efficient farming solutions that utilize limited space effectively. The lighting segment, in particular, has been identified as the fastest-growing area, fueled by a surge in energy-efficient lighting technologies designed to optimize plant growth and reduce operational costs. Simultaneously, the emphasis on smart farming is pushing adoption rates of sensors and climate control technologies, contributing to overall segment expansion.

Irrigation Components (Dominant) vs. Lighting (Emerging)

Irrigation components are established as the dominant force in the India Vertical Farming Market due to their critical role in water management, a key factor in the sustainability of indoor agriculture. These components include advanced drip systems, misting technologies, and automated irrigation controls that ensure precise water delivery to crops. Their reliability and efficiency make them indispensable for any vertical farming setup. On the other hand, the lighting segment, particularly through the use of LED technology, is emerging as a transformative player in this market. The shift towards renewable energy sources and energy efficiency is propelling this segment forward, allowing farmers to reduce costs while enhancing productivity. The continuous innovations in lighting technology not only improve plant yields but also attract new entrants to the vertical farming sector, signifying its rapidly growing importance.

By Structure: Building-based Vertical Farms (Largest) vs. Container-based Vertical Farms (Fastest-Growing)

In the India Vertical Farming Market, building-based vertical farms represent the largest segment, capturing a significant share due to their scalability, established infrastructure, and the ability to integrate into urban settings. These farms leverage existing buildings, making them efficient in resource utilization. In contrast, container-based vertical farms are gaining momentum as an innovative solution for localized food production, driven by their modularity and flexibility to fit various geographical contexts. This segment is increasingly appealing to urban farmers looking for low-investment setups.

Structure: Building-based Vertical Farms (Dominant) vs. Container-based Vertical Farms (Emerging)

Building-based vertical farms are characterized by their utilization of multi-story structures, enabling the cultivation of large volumes of produce in urban environments. This segment benefits from robust infrastructure, skilled labor, and integrated supply chains. On the other hand, container-based vertical farms represent an emerging trend in the market, offering a mobile, compact, and cost-effective solution for growing food. They are perfect for urban areas with space constraints and are increasingly recognized for their ability to provide fresh produce directly to consumers, thus reducing transportation costs and time. Together, these segments reflect the dual approach to vertical farming in India, with building-based farms dominating the landscape while container farms rapidly gain traction.

By Growth Mechanism: Hydroponics (Largest) vs. Aeroponics (Fastest-Growing)

In the India Vertical Farming Market, hydroponics leads the growth mechanism segment, commanding a significant market share due to its efficiency in resource utilization and yield production. This method allows for soil-less cultivation, making it ideal for urban areas where land is limited. Aeroponics, while currently smaller in market share, is quickly gaining traction due to its innovative approach to growing plants with minimal water and nutrients, appealing to eco-conscious consumers. The growth of these segment values is influenced by increasing urbanization and the rising demand for fresh produce. Hydroponics benefits from established supply chains and familiarity among farmers, while aeroponics is gaining interest due to its potential for higher yields and reduced water usage. These dynamics contribute to a rapidly evolving landscape, showcasing the importance of sustainable agricultural practices in India.

Hydroponics (Dominant) vs. Aeroponics (Emerging)

Hydroponics, as a dominant growth mechanism in the India vertical farming market, leverages advanced techniques for nutrient delivery, enabling robust plant growth with less water and space compared to traditional agriculture. Its widespread adoption is further supported by a growing shift towards sustainable farming practices and increasing consumer awareness of organic produce. On the other hand, aeroponics is emerging as a viable alternative, particularly in urban settings where space is constrained. This method, which allows plants to grow suspended in the air with nutrient misting, offers the advantage of higher yields and faster growth cycles. As both methods continue to evolve, they will likely define the future of sustainable farming in India.

By Application: Indoor (Largest) vs. Outdoor (Fastest-Growing)

The India Vertical Farming Market is predominantly characterized by the indoor application segment, which holds a significant market share, outpacing outdoor farming. Indoor vertical farming benefits from controlled environments, enabling year-round crop production and consistent quality. On the other hand, the outdoor segment, while currently smaller, is rapidly gaining traction due to increasing demand for sustainable farming practices in urban areas, contributing to its fast growth trajectory.

Application: Indoor (Dominant) vs. Outdoor (Emerging)

Indoor vertical farming is the dominant application in the India Vertical Farming Market, providing efficiencies in space utilization, climate control, and operational automation. It caters to urban consumers' demand for fresh produce, minimizing transportation costs and optimizing yield per square foot. In contrast, outdoor vertical farming, although emerging, offers lower setup costs and can leverage natural sunlight and rainwater, making it an attractive option for investors seeking sustainable practices. As urbanization accelerates, both segments are expected to co-exist, addressing diverse consumer needs and preferences.

Get more detailed insights about India Vertical Farming Market

Regional Insights

North America : Innovation and Investment Hub

North America is witnessing a significant surge in the vertical farming market, driven by technological advancements and increasing urbanization. The region is characterized by a robust investment landscape, with the U.S. holding approximately 60% of the market share, followed by Canada at 25%. Regulatory support for sustainable agriculture practices is further catalyzing growth, as cities seek to enhance food security and reduce carbon footprints. Leading countries in this region include the United States and Canada, with key players like AeroFarms and FarmedHere spearheading innovation. The competitive landscape is marked by a mix of startups and established agricultural firms, all vying for market share. The presence of advanced technologies, such as hydroponics and aeroponics, is enhancing productivity and efficiency, making North America a focal point for vertical farming advancements.

Europe : Sustainable Agriculture Leader

Europe is emerging as a leader in the vertical farming market, driven by stringent regulations on food safety and sustainability. The region's market is primarily led by Germany, holding around 35% of the share, followed closely by the Netherlands at 30%. The European Union's Green Deal and various national initiatives are fostering innovation and investment in urban agriculture, making vertical farming a viable solution for food production in urban areas. Countries like Germany, the Netherlands, and France are at the forefront of this movement, with key players such as UrbanKisaan and AgriCool making significant strides. The competitive landscape is characterized by a blend of technology-driven startups and traditional agricultural firms adapting to new methods. The focus on reducing food miles and enhancing local food production is reshaping the agricultural landscape in Europe.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is rapidly emerging as a significant player in the vertical farming market, driven by urbanization and food security concerns. India and China are the largest markets, with India holding approximately 40% of the market share, while China follows closely at 30%. Government initiatives aimed at promoting sustainable agriculture and reducing reliance on imports are key growth drivers in this region, fostering a favorable regulatory environment for vertical farming. India is witnessing a surge in local startups like UrbanKisaan and Oxygreens, which are leveraging technology to enhance agricultural productivity. The competitive landscape is diverse, with both domestic and international players vying for market share. The increasing demand for fresh produce in urban areas is propelling the growth of vertical farming, making it a crucial component of the region's agricultural strategy.

Middle East and Africa : Resource-Rich Opportunities

The Middle East and Africa region is witnessing a growing interest in vertical farming, driven by water scarcity and the need for food security. The UAE is the largest market, holding approximately 50% of the regional share, followed by South Africa at 20%. Government initiatives aimed at enhancing food production and sustainability are catalyzing growth, with significant investments in technology and infrastructure to support vertical farming practices. Countries like the UAE and South Africa are leading the charge, with key players such as GreenSpire and Ninjacart making notable contributions. The competitive landscape is evolving, with a mix of local startups and international firms entering the market. The focus on innovative farming solutions is reshaping the agricultural landscape in the region, addressing both environmental and economic challenges.

India Vertical Farming Market Regional Image

Key Players and Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Vertical Farming market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Vertical Farming industry must offer cost-effective items.

Major players in the Vertical Farming market are attempting to increase market demand by investing in research and development operations, including UrbanKisaan, Triton Foodworks, FF Agro Technologies Pvt Ltd, Sparsh Bio Life, URBAN GREEN FATE FARMS.

Key Companies in the India Vertical Farming Market market include

Industry Developments

January 2023: AeroFarms, a company specializing in vertical farming, launched nine new community farms to provide an additional 2 tons of fresh food access to over 4,500 local students.

January 2022: Brio Hydroponics launched the 'Unnati' project aimed at drawing investment into the agricultural segment. The Unnati project entails an optimized commercial hydroponics initiative designed to advance hydroponic farming practices and encourage Foreign Direct Investment (FDI) in the agriculture sector.

Future Outlook

India Vertical Farming Market Future Outlook

The India Vertical Farming Market is poised for growth at 21.5% CAGR from 2024 to 2035, driven by urbanization, technological advancements, and sustainability initiatives.

New opportunities lie in:

  • Integration of AI-driven crop management systems
  • Development of modular vertical farming units
  • Expansion of hydroponic supply chain networks

By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in sustainable agriculture.

Market Segmentation

India Vertical Farming Market Component Outlook

  • Irrigation Components
  • Lighting
  • Sensors
  • Climate Control
  • Building Materials
  • Others

India Vertical Farming Market Structure Outlook

  • Building-based Vertical Farms
  • Container-based Vertical Farms

India Vertical Farming Market Application Outlook

  • Indoor
  • Outdoor

India Vertical Farming Market Growth Mechanism Outlook

  • Hydroponics
  • Aeroponics
  • Aquaponics

Report Scope

MARKET SIZE 202476.77(USD Billion)
MARKET SIZE 202593.28(USD Billion)
MARKET SIZE 2035654.05(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)21.5% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesIntegration of advanced hydroponics and automation technologies enhances productivity in the India Vertical Farming Market.
Key Market DynamicsRising consumer demand for sustainable produce drives innovation and investment in India's vertical farming sector.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Garvit Vyas
Analyst

Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

Leave a Comment

FAQs

What is the current valuation of the India Vertical Farming Market?

The India Vertical Farming Market was valued at 76.77 USD Billion in 2024.

What is the projected market size for the India Vertical Farming Market by 2035?

The market is projected to reach 654.05 USD Billion by 2035.

What is the expected CAGR for the India Vertical Farming Market during the forecast period?

The expected CAGR for the market from 2025 to 2035 is 21.5%.

Which companies are considered key players in the India Vertical Farming Market?

Key players include AeroFarms, UrbanKisaan, Ninjacart, AgriCool, Oxygreens, Sky Greens, GreenSpire, FarmedHere, and GrowUp Urban Farms.

What are the main components contributing to the India Vertical Farming Market?

Main components include irrigation components, lighting, sensors, climate control, building materials, and others.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions