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Urban Farming Market Size, Share, Trends, Growth Outlook

Urban Farming Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Application (Commercial, Agriculture), Structure (Indoor, Outdoor), Frame Type (Corporate, Home Garden, Community, Others), and Companies Report

The Urban Farming Market Size is estimated to register 8.3% growth over the forecast period from 2024 to 2030.

 

Urban Farming Market Overview

The increasing global population, coupled with rapid urbanization is leading to a rise in food demand. Urban farming addresses this challenge by bringing agricultural activities closer to urban centers, reducing transportation costs and ensuring a more efficient supply chain. Growing awareness of the environmental impact of traditional agriculture is spurring interest in sustainable practices. IoT (Internet of Things) sensors, automation, and data analytics are increasingly used to monitor and optimize various aspects of urban farming, including irrigation, nutrient delivery, and environmental conditions. Rooftop farming is gaining traction as a trend that optimizes underutilized urban spaces. By converting rooftops into productive growing areas, urban farmers can capitalize on available sunlight and space efficiency. Additionally, Government initiatives supporting urban agriculture through incentives, subsidies, or regulatory frameworks are further bolstering the market.

 

Urban Farming Market Dynamics

Market Trends- Adoption of Tech-Driven Precision Agriculture in the Urban Farming Market

Internet of Things (IoT) sensors, automation, and data analytics are playing a pivotal role in providing real-time insights and control over various aspects of urban farming.

Automation, including smart irrigation systems and robotic applications are streamlining labour-intensive tasks and ensures efficient resource utilization.

Additionally, Precision agriculture is enabling real-time monitoring and precise control over factors like irrigation, nutrient levels, and environmental conditions, thereby enhancing resource efficiency and crop yields.

 

Market Driver- The Rise of Vertical Farming in the Urban Farming Market is driving the market

The escalating demand for sustainable and locally sourced produce in densely populated urban areas is driving the market.

Vertical farming is offering a solution to the challenges of limited available land by utilizing vertical space, making it possible to cultivate crops in stacked layers or vertical towers.

Further, By creating controlled indoor environments, vertical farms are overcoming seasonal limitations, ensuring a consistent and reliable supply of fresh produce regardless of external weather conditions leading to market expansion.

 

Market Opportunity- Sustainable and localized food systems are pivotal considerations shaping the Urban Farming Market

The increasing demand for locally sourced and sustainably produced food, driven by heightened environmental consciousness among consumers is propelling the demand.

Community-supported agriculture (CSA) programs and farmers' markets are exemplifying localized food systems, fostering direct connections between urban growers and consumers.

Additionally, initiatives adopting sustainable practices, such as vertical farming and hydroponics are contributing to reduced environmental impact by minimizing resource usage and lowering carbon footprints associated with transportation.

 

Market Share Analysis- Commercial will register the fastest growth

The Urban Farming Market is analyzed across Commercial and Agriculture. Commercial is poised to register the fastest growth. Urban farming on a commercial scale involves large-scale cultivation and distribution of crops within urban areas to meet the demands of local markets, retailers, restaurants, and other commercial entities. This segment is characterized by its focus on efficient and high-yield production methods, often incorporating advanced technologies such as vertical farming, hydroponics, and aquaponics. One of the primary advantages of commercial urban farming is the ability to address the increasing demand for locally sourced and fresh produce in urban centers. By establishing farms in close proximity to consumers, commercial urban farming reduces the carbon footprint associated with transportation and offers a more sustainable alternative to traditional agricultural practices. Moreover, commercial urban farming contributes to food security by ensuring a consistent and reliable supply of fresh produce, regardless of external factors such as seasonal changes or transportation disruptions.

 

Market Share Analysis- Indoor Farming held a significant market share in 2024

The Urban Farming Market is analyzed across various structures including Indoor and Outdoor. Of these, Indoor Farming held a significant market share in 2024. Indoor farming has gained prominence for its ability to overcome traditional constraints related to weather, seasons, and land availability. In this segment, various technologies such as vertical farming, hydroponics, and aquaponics are often employed to create optimized conditions for plant growth. One of the key advantages of Indoor farming is its year-round production capability. By providing a controlled climate with regulated temperature, humidity, and light levels, indoor farms can ensure a continuous and predictable supply of fresh produce, irrespective of external weather conditions. This aspect is particularly appealing to urban farmers seeking consistent yields and reduced vulnerability to seasonal fluctuations. Additionally, Indoor farming is highly space-efficient, making it suitable for urban environments where land availability may be limited. Vertical farming, in particular, involves stacking layers of crops vertically, maximizing the use of vertical space and enabling high-density cultivation.

 

Urban Farming Market News

Amman Unveils Groundbreaking Sustainable Urban Farming Project with Backing from Japan and UNDP.

NASA Research Ignites a New Era in Indoor Farming.

 

Urban Farming Market Segmentation

By Application

  • Commercial
  • Agriculture

 

By Structure

  • Indoor
  • Outdoor

 

By Frame Type

  • Corporate
  • Home Garden
  • Community
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Urban Farming Market Companies

  • AeroFarms (United States)
  • Altius Farms (United States)
  • Bright Farm (United States)
  • GP Solutions (Germany)
  • Growing Greens (United States)
  • Iron Ox (United States)
  • Plenty (United States)
  • Sasaki (United States)
  • Smallhold (United States)
  • Upward Farms (United States)
  • Vertical roots (United States)

 

*List not exhaustive

Urban Farming Market Outlook 2024

1 Market Overview

1.1 Introduction to the Urban Farming Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Urban Farming Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Urban Farming Market Companies with Area Served

4.2.2 Products Offerings Global Urban Farming Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Urban Farming Market Trends

6.1 Global Urban Farming Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Urban Farming Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Urban Farming Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Urban Farming Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Urban Farming Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Urban Farming Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Urban Farming Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Urban Farming Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Urban Farming Development Regional Status and Outlook

8.1 Global Urban Farming Revenue (USD Million) By Regions (2018-2022)

8.2 North America Urban Farming Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Urban Farming Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Urban Farming Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Urban Farming Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Urban Farming Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Urban Farming Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Urban Farming Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Urban Farming Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Urban Farming Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Urban Farming Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Urban Farming Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Urban Farming Revenue (USD Million) by Applications (2018-2022)

8.5 South America Urban Farming Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Urban Farming Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Urban Farming Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Urban Farming Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Urban Farming Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Urban Farming Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Urban Farming Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Urban Farming Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Urban Farming Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Urban Farming Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Urban Farming Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Urban Farming Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Urban Farming Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Urban Farming Development Regional Status and Outlook Forecast

11.1 Global Urban Farming Revenue (USD Million) By Regions (2024-2030)

11.2 North America Urban Farming Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Urban Farming Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Urban Farming Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Urban Farming Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Urban Farming Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Urban Farming Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Urban Farming Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Urban Farming Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Urban Farming Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Urban Farming Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Urban Farming Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Urban Farming Revenue (USD Million), by Applications (2024-2030)

11.5 South America Urban Farming Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Urban Farming Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Urban Farming Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Urban Farming Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Urban Farming Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Urban Farming Revenue (USD Million), by Region (2024-2030)

11.6.2 Middle East and Africa Urban Farming Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Urban Farming Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Urban Farming Market Companies with Areas Served

Table 3 Products Offerings Global Urban Farming Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Urban Farming Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Urban Farming Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Urban Farming Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 11 Global Urban Farming Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Urban Farming Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Urban Farming Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Urban Farming Market Share (%) By Regions (2018-2022)

Table 16 North America Urban Farming Revenue (USD Million) By Country (2018-2022)

Table 17 North America Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 18 North America Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Urban Farming Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Urban Farming Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Urban Farming Revenue (USD Million) By Country (2018-2022)

Table 26 South America Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 27 South America Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Urban Farming Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Urban Farming Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 33 Global Urban Farming Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Urban Farming Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Urban Farming Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Urban Farming Revenue (USD)By Country (2024-2030)

Table 38 North America Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 39 North America Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Urban Farming Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Urban Farming Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Urban Farming Revenue (USD Million) By Country (2024-2030)

Table 47 South America Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 48 South America Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Urban Farming Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Urban Farming Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Urban Farming Revenue Market Share (%) By Type (2022)

Figure 5 Global Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Urban Farming Revenue Market Share (%) By Applications (2022)

Figure 7 Global Urban Farming Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Urban Farming Market Share (%) By Regions (2022)

Figure 9 North America Urban Farming Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Urban Farming Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Urban Farming Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Urban Farming Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Urban Farming Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Urban Farming Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Urban Farming Revenue Market Share (%) By Type (2030)

Figure 26 Global Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Urban Farming Revenue Market Share (%) By Applications (2030)

Figure 28 Global Urban Farming Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Urban Farming Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Urban Farming Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Urban Farming Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Urban Farming Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Urban Farming Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Urban Farming Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Urban Farming Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Urban Farming Market Segmentation

By Application

  • Commercial
  • Agriculture

 

By Structure

  • Indoor
  • Outdoor

 

By Frame Type

  • Corporate
  • Home Garden
  • Community
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

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