Press release
United States Urban Farming Market is expected to reach US$ 311.24 billion by 2032 | Top key players - UrbanFarmers AG, AeroFarms, Sky Greens.
Market Size and Forecast:The Global Urban Farming Market reached US$172.62 billion in 2024 and is expected to reach US$311.24 billion by 2032, growing with a CAGR of 7.6% during the forecast period 2025-2032. The Market is growing due to increasing urban population, rising demand for fresh and locally sourced food, and the adoption of sustainable agriculture practices.
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The Urban Farming Market encompasses the cultivation, production, and distribution of crops, vegetables, fruits, and livestock within urban and peri-urban areas. It leverages innovative methods like vertical farming, hydroponics, and rooftop gardens to address food security, reduce supply chain costs, and promote sustainable agriculture. The market serves households, restaurants, and local retailers, driving eco-friendly, locally sourced food solutions.
Industry Recent Developments:
United States:
✅ October 2025: New York City announced a new municipal grant program to support community hydroponic gardens in underserved neighborhoods, enhancing access to fresh produce and promoting urban agriculture.
✅ September 2025: Integration of composting and circular economy practices gained momentum in major U.S. cities, with urban farms piloting waste-to-resource systems to improve sustainability and reduce landfill input.
✅ July 2025: U.S. vertical farming market reached $3.94 billion driven by rapid investments in indoor farming technologies, especially for leafy greens and herbs as demand surged for locally grown food.
Japan:
✅ October 2025: Adoption of compact, space-efficient equipment accelerated across Japanese cities, with vertical farming and rooftop gardens utilizing new lightweight hydroponic systems for maximum yield in small spaces.
✅ August 2025: Rapid expansion of AI-powered smart urban farms in Tokyo and Osaka, where robotics and automation helped reduce labor costs and boost sustainability, setting benchmarks for traceability and data-driven crop management.
✅ July 2025: Japanese government introduced new policy incentives to encourage farm modernization, targeting urban agriculture, farm consolidation, and the adoption of advanced technology to address labor shortages and food security in cities.
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Major Key Players:
UrbanFarmers AG
Urban Crop Solutions
AeroFarms
Sky Greens
Koninklijke Philips N.V.
Oishii
GrowUp Farms Ltd.
Green Sense Farms Holdings, Inc.
Gotham Greens
Freight Farms, Inc.
Key Growth Drivers:
Technological Innovations:
Advancements in hydroponics, vertical farming, and automation technologies have made urban farming more efficient, productive, and scalable. These innovations enable higher yields in limited spaces and reduce resource consumption.
Rising Demand for Fresh, Local Produce:
Increasing consumer preference for fresh, locally grown food motivated by health, sustainability, and traceability concerns continues to boost urban farming initiatives in cities. Urban farms are able to meet this demand through year-round production and proximity to end-users.
Supportive Government Policies and Funding:
Governments and municipalities worldwide are implementing supportive regulations, grants, and incentives to foster urban agriculture. These policies often aim to improve food security, promote green spaces, and drive economic development within urban environments.
Segments Covered in the Urban Farming Market:
By Farm Type: Corporate, Home Garden, Community, Others.
By Structure: Indoor, Outdoor.
By Growing Medium: Aquaponics, Aeroponics, Hydroponics.
By Crop Type: Non-Food Crops, Food Crops.
By Application: Commercial, Agriculture, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Urban Farming market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Urban Farming Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The Global Urban Farming market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Urban Farming Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Urban Farming Market in 2025?
◆ What is the projected growth rate of the Urban Farming Market through 2033?
◆ Who are the key players in the Urban Farming Market?
◆ Which region is expected to dominate the industry during the forecast period?
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