Asia-Pacific Vertical Farming Market to Witness 22.1% CAGR During 2025 - 2030, Attaining the Market Size of USD 4.1 Billion by 2030

Published Date: Mar, 2024

The Vertical farming market in Asia-Pacific was pegged at USD 0.6 billion in 2023 and is expected to reach USD 4.1 billion by 2030. The vertical farming market in Asia-Pacific is poised to grow at a CAGR of 22.1% during the forecast period.

The increasing demand for environment-friendly production of fresh fruits and vegetables with no use of pesticides is driving the demand for the vertical farming market in Asia-Pacific. The consumption of organic food is helping people to lessen their symptoms if they are suffering from allergies to foods or chemicals.

Moreover, the geographical opportunities of vertical farming in Asia-Pacific are creating enhanced opportunities for the vertical farming market to grow exponentially. The region of Asia-Pacific is providing various opportunities to develop such building-based vertical farms and shipping container vertical farms. The high initial investments in vertical farming and limitations on the variety of crops grown are expected to hamper the growth of the vertical farming market in this region.

Asia-Pacific Vertical Farming Market Segmentation and Key Players

Segment / Key Players



Hardware (Climate Control (Air Purification, Ventilation Fans, and Others) Lighting (Grow Light Reflectors, Grow Light Ballasts, Grow Lights), Sensors (PH Sensors, Nutrient Sensors, Crop Sensors, CO2 Sensors, Temperature Sensors, and Others), and Hydroponic Component (Meters and Solutions, Pumps and Irrigation, Water Filters, and Others), and Software

Growth Mechanism

Aeroponics, Hydroponics, and Aquaponics


Building-Based, and Shipping Container

Browse Market Insight and In-Depth TOC on "Asia-Pacific Vertical Farming Market – Analysis and Forecast (2025-2030)"

Vertical farming technique uses a (controlled-environment agriculture) CEA technology to preserve the environment and produce crops even in densely populated areas of the city. The use of this technique is helping the region to reduce the use of water at a minimum threshold. The technique is also helping the region to develop adequate produce to satisfy a huge population.

Based on the offering, the Asia-Pacific vertical farming market is categorized into hardware and software. Hardware type is further segmented into lighting, hydroponics components, climate control, and sensors. Vertical farming comprises two structures building-based vertical farms and shipping container vertical farms. The vertical farming technique is used for developing leafy green vegetables in this region.

Asia-Pacific is observed to witness the fastest growth in the market. The increasing disposable income of the population and a large number of the population require a technique that supports the manufacturer in meeting the demand of this ever-increasing population. Moreover, in a recent report, it was observed that Japan is considered to be very adaptive in implementing vertical farming techniques and any new technology in the region. Thus, the demand for vertical farming in the region is expected to expand significantly shortly.

Japan contributes the largest revenue is expected to reach USD 616.4 million by 2024. Lighting dominates the vertical farming market by the hardware type in this region, contributing USD 395.4 million by 2024.

Koninklijke Philips N.V., OSRAM GmbH, Illumitex, GE, Valoya Oy, Everlight Electronics Co. Ltd., Epistar Corporation, LumiGrow Inc., LEDHydroponics, Fionia Lighting, NET LED Limited, Apollo Horticulture, Grow LED Hydro, California LightWorks, Kessil, Kind LED Grow Lights, Spectrum King LED Grow Lights, Sunprou Opto-Technology Co. Ltd. and Shenzhen Jing Chuang Xing Technology Co., Ltd. are some of the major players operating in the vertical farming market in Asia-Pacific.

Asia-Pacific Vertical Farming Market Coverage

Offering Insight and Forecast 2025–2030

  • Hardware
    • Lighting
      • Grow Lights
      • Grow Light Reflectors
      • Grow Light Ballasts
    • Hydroponics Components
      • Pumps & Irrigation
      • Meters & Solutions
      • Water Filtration
      • Others
    • Climate Control
      • Ventilation Fans
      • Air Purification
      • Others
    • Sensors
      • Temperature Sensors
      • CO2 Sensors
      • Nutrient Sensor
      • PH Sensor
      • Crop Sensors
      • Others
  • Software

Growth Mechanism Insight and Forecast 2025–2030

  • Aeroponics
  • Hydroponics
  • Aquaponics

Structure Insight and Forecast 2025–2030

  • Building-Based Vertical Farms
  • Shipping Container Vertical Farms

Crop Type Insight and Forecast 2025–2030

  • Lettuce
  • Pepper
  • Broccoli
  • Cucumber
  • Spinach
  • Tomato
  • Others

Geographical Segmentation

Vertical Farming Market by Country

  • Japan
  • Singapore
  • China
  • Taiwan
  • Rest of Asia-Pacific