The South Africa vertical farming market size reached USD 47.60 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 350.85 Million by 2033, exhibiting a growth rate (CAGR) of 22.11% during 2025-2033. Water scarcity, limited arable land, rapid urbanization, and food security concerns contribute to the South Africa vertical farming market share. Rising demand for fresh, pesticide-free produce, technological advancements in hydroponics and aeroponics, and government initiatives promoting sustainable agriculture also fuel market expansion and investment opportunities.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 47.60 Million |
Market Forecast in 2033 | USD 350.85 Million |
Market Growth Rate 2025-2033 | 22.11% |
Increased Investment in Technological Advancements
The South African vertical farming industry has witnessed a dramatic surge in investment in innovative technologies. This is being fueled by increasing demand for sustainable agriculture solutions in cityscapes with minimal arable land. Firms are embracing innovative technologies like hydroponics, aeroponics, and artificial intelligence to maximize crop yields in controlled conditions. Thanks to innovations such as precision farming, where sensors are employed to track plant and environmental health, vertical farms can yield more with less. The use of AI to analyze data and automate farming systems is streamlining vertical farming, lowering labor costs, and boosting profitability. With the demand for locally produced, fresh food growing bigger by the day in South Africa, these technologies are key to addressing the food security threat. The trend will keep growing, with more government and private investments calling for farm technique improvement and supporting local food systems. These factors are intensifying the South Africa vertical farming market growth.
Shift toward Urban Agriculture and Food Security
Urban agriculture is fast emerging as a focus area in South Africa's vertical farming industry, especially with food security issues on the rise in cities such as Johannesburg and Cape Town. Food production in urban areas has never been so urgent, considering climate change issues and supply chain loss. Vertical farming enables one to cultivate fresh fruits and vegetables near consumers, saving costs on transportation and also the environment. South African towns, which are usually ringed by deserts, are turning to vertical farming more and more as a way to optimize space and increase access to food. Urban farming programs are being encouraged by local governments, with incentives for investors and businesspeople who want to take advantage of the potential of these systems. This trend reveals a change in consumer behavior towards endorsing sustainable, local food systems and initiatives to manage the increasing demand for food security within South Africa's cities. With not much land available for conventional farming, vertical farming is an appealing option to manage these issues.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component, structure, growth mechanism, and application.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes irrigation component, lighting, sensors, climate control, building material (glass greenhouse and plastic greenhouse), and others.
Structure Insights:
The report has provided a detailed breakup and analysis of the market based on the structure. This includes building-based vertical farms and container-based vertical farms.
Growth Mechanism Insights:
The report has provided a detailed breakup and analysis of the market based on the growth mechanism. This includes hydroponics, aeroponics, and aquaponics.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes indoor and outdoor.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Gauteng, KwaZulu-Natal, Western Cape, Mpumalanga, Eastern Cape, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered |
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Structures Covered | Building-based Vertical Farms, Container-based Vertical Farms |
Growth Mechanisms Covered | Hydroponics, Aeroponics, Aquaponics |
Applications Covered | Indoor, Outdoor |
Regions Covered | Gauteng, KwaZulu-Natal, Western Cape, Mpumalanga, Eastern Cape, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: