Mexico Vertical Farming Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Vertical Farming Technologies Market Report is Segmented by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), Structure (Building-Based Vertical Farms and Shipping Container-Based Vertical Farms), Component (Lighting Devices, Climate Control, Sensors, and Other Components), and Crop Type (Tomato, Berries, Lettuce & Leafy Vegetables, Pepper, Cucumber, Microgreens, and Other Crop Types). The Market Estimation and Forecasts in Value (USD) for the Above-Mentioned Segments.

Mexico Vertical Farming Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Mexico Vertical Farming Market Size

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Mexico Vertical Farming Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 349.92 Million
Market Size (2030) USD 563.55 Million
CAGR (2025 - 2030) 10.00 %
Market Concentration High

Major Players

Mexico Vertical Farming Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Mexico Vertical Farming Market with other markets in Agriculture Industry

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Mexico Vertical Farming Market Analysis

The Mexico Vertical Farming Market size is estimated at USD 349.92 million in 2025, and is expected to reach USD 563.55 million by 2030, at a CAGR of 10% during the forecast period (2025-2030).

  • Mexico's vertical farming market is in its early stages but is evolving swiftly. The country's diverse agricultural landscape has resulted in stagnant productivity growth in recent years. Vertical farming emerges as a sustainable solution to boost agricultural productivity. Urban centres, especially Mexico City, grappling with population density and food supply challenges, are at the forefront of adopting these techniques. Additionally, the increasing water scarcity and reduction in agricultural land area, focus on food security, and the need for alternative farming techniques are major drivers that have paved the way for the development of vertical farming in Mexico. Major crops produced in the country under vertical farms are lettuce, leafy vegetables, microgreens, tomatoes, cucumber, etc.
  • In Mexico, most indoor farms predominantly cultivate leafy vegetables and microgreens. However, as research and development expand into diverse produce varieties, this trend is poised for swift transformation. Companies are at the forefront of vertical farming, imparting systems and knowledge to the next generation of agronomists. For instance, in 2021, Karma Verde Fresh partnered with the Inter-American Institute for Cooperation in Agriculture and launched a Vertical Agriculture Tech and Trainer Certification Program in Mexico City. As part of this initiative, the company set up vertical farming systems in universities throughout Mexico from 2021 to 2023. In parallel, the Mexican government is actively embracing new technologies and updating university curricula.
  • Moreover, controlled environment agriculture (CEA) fosters crop growth while minimizing pesticide use, leading to healthier produce. This approach aligns with the growing vigilance of consumers regarding food safety and environmental issues. Furthermore, technology providers' market expansions are bolstering this growth. In 2022, in collaboration with local growers, 30MHz a company specializing in products and services for vertical farming startups introduced cost-effective solutions in Mexico. Having established a presence in Mexico for a while, 30MHz continues to deliver budget-friendly technological solutions, empowering growers to enhance their cultivation practices. Thus, the drive for enhanced productivity, combined with technological innovations and a surging demand for vertically farmed produce, propels the market's expansion during the forecast period.

Mexico Vertical Farming Industry Overview

The Mexican vertical farming market is highly consolidated, with the top players occupying a major share of the market. The major players in the Mexican vertical farming market are Signify Holding, Heliospectra AB, Inverfarms Mexico, Karma Verde Fresh, and Verde Compact, among others. As vertical farming in Mexico is at a nascent stage, stakeholders, including direct customers, are willing to experiment with products that suit best.

Mexico Vertical Farming Market Leaders

  1. Signify Holding (PHILIPS)​

  2. Verde Compacto

  3. Karma Verde Fresh

  4. Heliospectra AB

  5. Inverfarms Mexico

  6. *Disclaimer: Major Players sorted in no particular order
Mexico Vertical Farming Market Concentration
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Mexico Vertical Farming Market News

  • September 2024: Globalmex International Inc., operating under its Magic Sun brand, has launched USDA-certified organic Roma tomatoes, cultivated in high-tech hydroponic greenhouses, in central Mexico. These tomatoes are now part of the offerings at Globalmex International's five greenhouse locations in the region.
  • April 2023: iFarm, a provider of vertical farming technologies, has partnered with Mexico's Opus 2G Group to establish a state-of-the-art automated vertical farm in Tehuantepec, a Smart City located in Oaxaca, southern Mexico. This ambitious project aligns with the government's Interoceanic Corridor initiative for the Tehuantepec Isthmus and gets backing from the Oaxaca state government.
  • February 2023: Rising Farms, a high-tech indoor farming firm based in Mexico, announced the extension of its indoor farming space from 12 to 62 acres, increasing its capacity 5 fold to grow hydroponic crops and providing the market with a more comprehensive choice of high-quality produce.

Mexico Vertical Farming Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Water Scarcity and Shrinking Agricultural Land
    • 4.2.2 Increased Focus on Food Security
    • 4.2.3 Growing Technological Advancements
  • 4.3 Market Restraints
    • 4.3.1 High Initial Investment
    • 4.3.2 Lack of Technical Expertise
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitutes
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Growth Mechanism
    • 5.1.1 Aeroponics
    • 5.1.2 Hydroponics
    • 5.1.3 Aquaponics
  • 5.2 Structure
    • 5.2.1 Building-Based Vertical Farms
    • 5.2.2 Shipping Container-Based Vertical Farms
  • 5.3 Components
    • 5.3.1 Lighting
    • 5.3.2 Climate Control
    • 5.3.3 Sensors
    • 5.3.4 Other Components
  • 5.4 Crop Types
    • 5.4.1 Tomato
    • 5.4.2 Berries
    • 5.4.3 Lettuce and Leafy Vegetables
    • 5.4.4 Pepper
    • 5.4.5 Cucumber
    • 5.4.6 Microgreens
    • 5.4.7 Other Crop Types

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Signify Holding (Philips)
    • 6.3.2 Heliospectra AB
    • 6.3.3 Karma Verde Fresh
    • 6.3.4 Verde Compacto
    • 6.3.5 Comercializadora Hydro Environment, S.A. De C.V.
    • 6.3.6 Al Natural
    • 6.3.7 Oasis Grower Solutions
    • 6.3.8 Inverfarms Mexico
    • 6.3.9 Aeroponia Mexicana
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Mexico Vertical Farming Industry Segmentation

Vertical farming is an agricultural method through which crops are grown in vertically stacked layers. It is done in a controlled environment using techniques such as aquaponics, hydroponics, and aeroponics that do not make use of soil. The Mexico vertical farming market is segmented by growth mechanism (aeroponics, hydroponics, and aquaponics), structure (building-based vertical farms and shipping container-based vertical farms), component( lighting devices, climate control, sensors, and other components), and crop type (tomato, berries, lettuce & leafy vegetables, pepper, cucumber, microgreens, and other crop types). The report offers market estimation and forecasts in value (USD) for the above-mentioned segments.

Growth Mechanism Aeroponics
Hydroponics
Aquaponics
Structure Building-Based Vertical Farms
Shipping Container-Based Vertical Farms
Components Lighting
Climate Control
Sensors
Other Components
Crop Types Tomato
Berries
Lettuce and Leafy Vegetables
Pepper
Cucumber
Microgreens
Other Crop Types
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Mexico Vertical Farming Market Research FAQs

How big is the Mexico Vertical Farming Market?

The Mexico Vertical Farming Market size is expected to reach USD 349.92 million in 2025 and grow at a CAGR of 10% to reach USD 563.55 million by 2030.

What is the current Mexico Vertical Farming Market size?

In 2025, the Mexico Vertical Farming Market size is expected to reach USD 349.92 million.

Who are the key players in Mexico Vertical Farming Market?

Signify Holding (PHILIPS)​, Verde Compacto, Karma Verde Fresh, Heliospectra AB and Inverfarms Mexico are the major companies operating in the Mexico Vertical Farming Market.

What years does this Mexico Vertical Farming Market cover, and what was the market size in 2024?

In 2024, the Mexico Vertical Farming Market size was estimated at USD 314.93 million. The report covers the Mexico Vertical Farming Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Vertical Farming Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Mexico Vertical Farming Industry Report

Statistics for the 2025 Mexico Vertical Farming market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Vertical Farming analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.