India Vertical Farming Market to Grow with a CAGR of 21.50% through 2030
The growing limited
arable land, water scarcity, and the increasing demand for sustainable
agricultural practices is expected to drive the India Vertical Farming Market
growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Vertical
Farming Market – By Region, Competition Forecast &
Opportunities, 2030”, the India Vertical Farming Market stood at USD 62.21 million
in 2024 and is anticipated to grow with a CAGR of 21.50% in the forecast period, 2026-2030. The India vertical farming
market is experiencing significant growth as the country grapples with
challenges such as limited arable land, water scarcity, and the increasing
demand for sustainable agricultural practices.
Vertical farming, which involves growing crops in
stacked layers or controlled environments, is proving to be an innovative
solution to address these issues. With urbanization rapidly increasing across
India, there is a rising demand for locally grown, fresh, and organic produce,
making vertical farming an ideal method for urban centers where space is
limited. This farming technique, which uses technologies like hydroponics,
aeroponics, and automation, allows for high productivity in small spaces, with minimal
use of water and pesticides. The growing consumer preference for organic and
nutritious food further drives the demand for vertical farming, as it offers a
sustainable way to meet the food requirements of urban populations.
Government initiatives and advancements in technology
are also contributing to the growth of vertical farming in India. The Indian
government is increasingly recognizing the potential of agri-tech and offering
incentives for the adoption of such innovations, further fueling the market’s
expansion. Moreover, the rise in investments from private players, coupled with
the development of local solutions tailored to India’s unique agricultural
needs, is creating a favorable environment for vertical farming. As technology
continues to evolve, with improvements in crop management, climate control
systems, and energy efficiency, the vertical farming market in India is poised
for substantial growth. With its potential to produce year-round crops in urban
settings, vertical farming offers a sustainable solution to help ensure food
security and meet the growing demand for high-quality produce across the
country.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "India Vertical Farming Market”
The India Vertical
Farming Market is segmented into structure, growth mechanics, end user,
application, regional distribution, and company.
Based on application,
the indoor category is witnessing the fastest growth in India's vertical
farming market, driven by the increasing demand for space-efficient farming
solutions in urban environments. Indoor vertical farming, which involves
growing crops in controlled, indoor environments, offers significant
advantages, particularly in densely populated cities where arable land is
limited. This method allows for the cultivation of a wide range of crops such
as leafy greens, herbs, and microgreens, irrespective of external weather
conditions. By using technologies like hydroponics and aeroponics, indoor
vertical farms can provide fresh, high-quality produce with minimal use of
water and space. The growing trend towards health-conscious eating, combined
with the rise in demand for organic, pesticide-free food, is also contributing
to the surge in indoor vertical farming. Furthermore, the
ability to integrate advanced climate control systems, LED lighting, and
automation technologies within indoor facilities is boosting the efficiency and
scalability of these systems. With increasing urbanization and a shift towards
sustainable, locally grown produce, indoor vertical farming is positioned to
play a crucial role in meeting the food demands of India’s growing urban
population.
Based on the region, West
India is experiencing significant growth in the vertical farming market, driven
by its robust urbanization, strong agricultural infrastructure, and increasing
consumer demand for fresh, locally grown produce. Key states such as
Maharashtra, Gujarat, and Rajasthan are leading the way in adopting vertical
farming technologies, as these regions face challenges related to land scarcity
and water resources. Major urban centers like Mumbai, Pune, and Ahmedabad are
embracing vertical farming solutions to address the growing demand for organic
and pesticide-free food, particularly in densely populated areas where
traditional farming is not feasible. Additionally, the region benefits from a
favorable climate for growing certain crops year-round, further boosting the
appeal of vertical farming. Moreover, the increasing
focus on sustainability, government support for agricultural innovations, and
the availability of advanced farming technologies such as hydroponics and
automation are contributing to the rapid adoption of vertical farming in West
India. As urban populations continue to rise and demand for high-quality, fresh
produce increases, West India is poised to play a critical role in driving the
growth of the vertical farming market.
Major companies
operating in India Vertical Farming Market are:
- Sky
Green Pvt. Ltd.
- Edible Routes Pvt.
Ltd.
- Future Farms Pvt.
Ltd.
- Letcetra Agritech
Pvt. Ltd.
- Living Greens
Organics
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"The India vertical
farming market is expected to witness substantial growth during the forecast
period due to the increasing demand for sustainable and efficient agricultural
practices, especially in urban areas. The growing need for fresh, high-quality
produce, coupled with the limitations of traditional farming methods in urban
settings, is driving the adoption of vertical farming. Innovations in farming
technologies, such as hydroponics, aeroponics, and automation, are expected to
enhance productivity, reduce resource consumption, and enable year-round crop
production. The combination of technological advancements, environmental
concerns, and the growing consumer demand for fresh, sustainable food sources
is expected to drive the India vertical farming market forward," said Mr.
Karan Chechi, Research Director of TechSci Research, a research-focused
management consulting firm.
“India
Vertical Farming Market By Structure (Building Based Vertical Farms, Container
Based Vertical Farms, and Rack Based Vertical Farms), By Growth Mechanics
(Hydroponics, Aeroponics, and Aquaponics) By Application Type (Indoor and
Outdoor), By End User (Retail, Food Service, Residential, and Institutional), By
Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of India Vertical Farming Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Vertical Farming Market.
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