Global Cannabis Vertical Farming Market Size & Outlook
Global cannabis vertical farming market, 2017-2030 (US$M)
Related Markets
Global cannabis vertical farming market highlights
- The global cannabis vertical farming market generated a revenue of USD 487.5 million in 2024 and is expected to reach USD 1,377.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 19.3% by 2030.
- In terms of segment, container accounted for a revenue of USD 301.7 million in 2024.
- Building Based is the most lucrative structure segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 487.5 million |
| Market revenue in 2030 | USD 1,377.0 million |
| Growth rate | 19.3% (CAGR from 2025 to 2030) |
| Largest segment | Container |
| Fastest growing segment | Building Based |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container, Building Based |
Other key industry trends
- In terms of revenue, the North America accounted for 32.9% of the global cannabis vertical farming market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 69.6 million by 2030.
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Cannabis Vertical Farming Market Scope
Cannabis Vertical Farming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cropking | View profile | 11-50 | Lodi, Ohio, United States, North America | https://www.cropking.com |
| AgriAir | View profile | 11-50 | Mukilteo, Washington, United States, North America | http://agriairequipment.com |
| BIOFLORAL | View profile | 51-100 | Laval, Quebec, Canada, North America | https://www.biofloral.com |
| Aessense Holding | View profile | 101-250 | Harbor City, California, United States, North America | https://www.aessensegrows.com |
| Urban Crop Solutions | View profile | 11-50 | Waregem, West-Vlaanderen, Belgium, Europe | http://www.urbancropsolutions.com |
| STX Group | View profile | 251-500 | Amsterdam, Noord-Holland, The Netherlands, Europe | https://www.stxgroup.com/ |
| Bosman Van Zaal | View profile | 251-500 | South Cave, East Riding of Yorkshire, United Kingdom, Europe | https://bosmanvanzaal.com |
| Greenbriar Sustainable Living Inc | View profile | - | 632 Foster Avenue, Coquitlam, BC, Canada, V3J 2L7 | https://www.greenbriarcapitalcorp.ca |
| Green Living Technologies International | View profile | 11-50 | Rochester, New York, United States, North America | https://www.agreenroof.com |
| Village Farms International Inc | View profile | 1400 | 4700 - 80th Street, Delta, BC, Canada, V4K 3N3 | https://www.villagefarms.com |
| Heliospectra | View profile | 11-50 | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.heliospectra.com |
| Agrify Corp Ordinary Shares | View profile | 141 | 2468 Industrial Row Drive, Troy, MI, United States, 48084 | https://www.agrify.com |
| Calavo Growers Inc | View profile | 3064 | 1141-A Cummings Road, Santa Paula, CA, United States, 93060 | https://www.calavo.com |
| Fluence Energy Inc | View profile | 1112 | 4601 Fairfax Drive, Suite 600, Arlington, VA, United States, 22203 | https://www.fluenceenergy.com |
Global cannabis 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 cannabis vertical farming market will help companies and investors design strategic landscapes.
Container was the largest segment with a revenue share of 61.89% in 2024. Horizon Databook has segmented the Global cannabis vertical farming market based on container, building based covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Cannabis Vertical Farming Structure Outlook (Revenue, USD Million, 2017-2030)
- Container
- Building Based
- Global Cannabis Vertical Farming Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Lighting
- Hydroponic components
- Climate control
- Sensors
- Software
- Services
- System Integration & Consulting
- Managed Services
- Assisted Professional Services
- Hardware
- Global Cannabis Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017-2030)
- Aeroponics
- Hydroponics
- Aquaponics
- Global Cannabis Vertical Farming Application Outlook (Revenue, USD Million, 2017-2030)
- Medical Cannabis
- Recreational Cannabis
- Research and Development
- Others
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Target buyers of Global cannabis vertical farming market databook
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Our clientele includes a mix of cannabis vertical farming market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cannabis vertical farming market , including forecasts for subscribers. This global databook contains high-level insights into Global cannabis vertical farming market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global cannabis vertical farming market size, by regions, 2017-2030 (US$M)
Top 10 countries: Cannabis vertical farming market size, 2024 (US$M)
Global cannabis vertical farming market share, by structure, 2024 & 2030 (%, US$M)
Cannabis vertical farming market: Opportunity assessment by country
Global cannabis vertical farming market, by region, 2024 (US$M)
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