South Korea Vertical Farming Market Size & Outlook
The vertical farming market in South Korea is expected to reach a projected revenue of US$ 767.2 million by 2033. A compound annual growth rate of 22.7% is expected of South Korea vertical farming market from 2026 to 2033.
Revenue, 2025 (US$M)
$150.9
Estimate, 2026 (US$M)
$183.6
Forecast, 2033 (US$M)
$767.2
CAGR, 2026 - 2033
22.7%
Global Market
Related Markets
South Korea vertical farming market highlights
- The South Korea vertical farming market generated a revenue of USD 150.9 million in 2025 and is expected to reach USD 767.2 million by 2033.
- The South Korea market is expected to grow at a CAGR of 22.7% from 2026 to 2033.
- In terms of segment, shipping container was the largest revenue generating structure in 2025.
- Building based is the most lucrative structure segment registering the fastest growth during the forecast period.
Vertical farming market data book summary
| Market revenue in 2025 | USD 150.9 million |
| Market revenue in 2033 | USD 767.2 million |
| Growth rate | 22.7% (CAGR from 2026 to 2033) |
| Largest segment | Shipping container |
| Fastest growing segment | Building based |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shipping container, Building based |
| Key market players worldwide | AeroFarms, Illumitex, Agrilution, BrightFarms, Freight Farms, GrowUp Farms, Green Sense Farms, Vertical Farm Systems, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.6% of the global vertical farming market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China vertical farming market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,926.1 million by 2033.
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Publish Date: Jan 14, 2026
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Vertical Farming Market Scope
Vertical Farming Market segmentation & scope
Vertical Farming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zumtobel Group AG ADR | View profile | 5,500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | z.lighting/en |
| Illumitex | View profile | 51-100 | Austin, Texas, United States, North America | www.illumitex.com |
| AeroFarms | View profile | 101-250 | Newark, New Jersey, United States, North America | www.aerofarms.com |
| Agrilution | View profile | 11-50 | Munich, Bayern, Germany, Europe | www.agrilution.de |
| Freight Farms | View profile | 51-100 | Boston, Massachusetts, United States, North America | www.freightfarms.com |
| GrowUp Farms | View profile | 101-250 | Bristol, Bristol, City of, United Kingdom, Europe | www.growupfarms.co.uk |
| Green Sense Farms | View profile | 11-50 | Portage, Indiana, United States, North America | www.greensensefarms.com/ |
| Vertical Farm Systems | View profile | 1-10 | North Arm, Queensland, Australia, Oceania | verticalfarms.com.au/ |
| BrightFarms | View profile | 251-500 | Irvington, New York, United States, North America | brightfarms.com |
South Korea Vertical Farming Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Vertical Farming Market Outlook will help companies and investors design strategic landscapes.
Shipping Container was the largest segment with a revenue share of 63.75% in 2025.
Horizon Databook has segmented the South Korea vertical farming market based on shipping container, building based covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Vertical Farming Market Structure Outlook (Revenue, USD Million , 2021-2033)
- Shipping container
- Building based
- South Korea Vertical Farming Market Component Outlook (Revenue, USD Million , 2021-2033)
- Hardware
- Software
- Services
- South Korea Vertical Farming Market Growing Mechanism Outlook (Revenue, USD Million , 2021-2033)
- Aeroponics
- Hydroponics
- Aquaponics
- South Korea Vertical Farming Market Crop Category Outlook (Revenue, USD Million , 2021-2033)
- Fruits Vegetables, & Herbs
- Flowers & Ornamentals
- Others (Cannabis, Microgreens)
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Vertical Farming Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Vertical Farming Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Vertical Farming Market, 2021-2033 (US$M)
South Korea Structure - Vertical Farming Market Statistics, 2025 - 2033 (US$M)
