Urban Farming Market Report 2026

Urban Farming Market Overview

• Urban Farming market size has reached to $173.18 billion in 2025 • Expected to grow to $242.68 billion in 2030 at a compound annual growth rate (CAGR) of 6.9% • Growth Driver: The Decreasing Availability Of Farmland Is Driving The Market Due To Rising Urbanization And Limited Cultivable Land • Market Trend: Advancing Food Security Through Smart Vertical Farming Initiatives • North America was the largest region and fastest growing region.

What Is Covered Under Urban Farming Market?

Urban farming is the activity of cultivating agricultural produce, raising animals, or generating food in an urban setting that includes residential and commercial structures in the form of indoor controlled environment farming, community gardens, and rooftop gardens. Urban farming encourages sustainable agriculture, reduces food miles, and improves local food security by growing crops inside city borders and exploiting unoccupied places for fresh vegetables. The main types of urban farming are aquaponics, hydroponics, aeroponics, and others. Aquaponics in urban farming is a sustainable food production system that seamlessly integrates aquaculture (fish farming) and hydroponics (soil-less plant culture). The structures are categorized as indoor and outdoor crop types such as non-food crops and food crops. Urban farming is used in several applications, such as commercial, agricultural, and others.

What Is The Urban Farming Market Growth Forecast?

The urban farming market size is expected to see strong growth in the next few years. It will grow to $242.68 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to expansion of commercial indoor farming projects, rising preference for sustainable food systems, increasing adoption of modular farming technologies, growing investment in urban agri-startups, higher focus on local food security initiatives. Major trends in the forecast period include growing adoption of rooftop and vertical farming, increasing demand for localized fresh food production, expansion of community-based urban agriculture initiatives, rising use of compact modular farming systems, growing popularity of organic and chemical-free urban produce.

What Is Driver Of The Urban Farming Market?

The decreasing availability of farmland is expected to propel the growth of the urban farming market in the coming years. Availability of farmland refers to the extent of land resources that are accessible, suitable, and legally permissible for agricultural production to sustain food supply and rural livelihoods. The decreasing availability of farmland is primarily driven by rapid urbanization, which converts fertile agricultural land into residential, industrial, and infrastructural uses, thereby reducing the area dedicated to cultivation and disrupting the balance between land demand and agricultural productivity. The urban farming market utilizes limited urban spaces for food production, thereby alleviating the pressure on conventional farmland and contributing to more sustainable and localized food systems. For instance, in December 2023, according to the GOV.UK, a UK-based government department, in 2023, the total utilized agricultural area in the UK fell by 2.3%, totaling just over 17.0 million hectares. Therefore, the decreasing availability of farmland is driving the urban farming industry.

Key Players In The Global Urban Farming Market

Major companies operating in the urban farming market are Infarm, Richel Group, UrbanFarmers AG, Plenty Unlimited Inc., Bowery Farming, Dalsem, Certhon, Aerofarms, Pasona, Plantagon International AB, Agrilution GmbH, BrightFarms Inc., Square Roots Urban Growers Inc., Brooklyn Grange Farm, Green Spirit Farm, Urban Crop Solutions, American Hydroponics, Sky Greens, GrowUP Urban Farms, Edenworks Inc., Garden Fresh Farms Inc, Metropolitan Farms, General Hydroponics, Green Sense Farms LLC, Eden Green Technology, Gotham Greens, Mirai Co. Ltd., SproutsIO Inc., Spread Co. Ltd, Harnois Greenhouses

Global Urban Farming Market Trends and Insights

Major companies operating in the urban farming market are focusing on developing technologically advanced solutions, such as smart vertical farm with AgriTech firm in food security push to address several critical industry demands. A smart vertical farm with an AgriTech firm enhances food security by maximizing urban crop production, optimizing resources, using IoT for monitoring, and providing fresh produce locally year-round. For instance, in February 2024, Masdar City, a UAE-based renewable energy company, launched a smart vertical farm in collaboration with the agri-tech firm Madar Farms as part of a broader initiative to enhance food security in the UAE. This partnership aims to promote self-sufficiency in food production by utilizing innovative farming technologies that adapt to the UAE's arid climate. The smart vertical farm is designed to grow leafy greens and other produce using less water than traditional farming methods, addressing both food and water security challenges in the region. This initiative aligns with the UAE's National Food Security Strategy, which emphasizes sustainable agricultural practices and local food production to reduce reliance on imports. The project is part of Masdar's ongoing commitment to sustainability and innovation in urban living.

What Are Latest Mergers And Acquisitions In The Urban Farming Market? Mucci Farms Acquired Hacienda North Farms To Expand Greenhouse Production Capacity

In May 2024, Mucci Farms, a Canada-based provider of greenhouse-grown fresh fruits and vegetables, acquired Hacienda North Farms for an undisclosed amount. With this acquisition, Mucci Farms aimed to expand its greenhouse footprint, enhance production capacity, and strengthen its ability to meet the growing demand from retail partners across North America. Hacienda North Farms is a Canada-based provider of greenhouse-grown bell peppers and other fresh produce.

What Defines the Urban Farming Market?

The urban farming market consists of the revenues earned by entities by providing services such as food production, urban redevelopment, job creation, environmental sustainability, and urban farming subscription services. The market value includes the value of related goods sold by the service provider or included within the service offering. The urban farming market also includes sales of robotic vertical farm systems, microcontrollers, nondispersive infrared CO2 detectors, and light-emitting diodes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Urban Farming Market Report 2026?

The urban farming market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the urban farming industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.