Mexico Cannabis Vertical Farming Market Size & Outlook
Mexico cannabis vertical farming market, 2017-2030 (US$M)
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Mexico cannabis vertical farming market highlights
- The Mexico cannabis vertical farming market generated a revenue of USD 9.3 million in 2023 and is expected to reach USD 31.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
- In terms of segment, container was the largest revenue generating structure in 2023.
- Container is the most lucrative structure segment registering the fastest growth during the forecast period.
Cannabis vertical farming market data book summary
| Market revenue in 2023 | USD 9.3 million |
| Market revenue in 2030 | USD 31.0 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Container |
| Fastest growing segment | Container |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container, Building Based |
| Key market players worldwide | Fluence Energy Inc, Agrify Corp Ordinary Shares, Heliospectra, Village Farms International Inc, Calavo Growers Inc, Green Living Technologies International, Greenbriar Sustainable Living Inc, Bosman Van Zaal, STX Group, Urban Crop Solutions, Aessense Holding, BIOFLORAL, AgriAir, Cropking |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.2% of the global cannabis vertical farming market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico cannabis vertical farming market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 31.0 million by 2030.
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Cannabis Vertical Farming Market Scope
Cannabis Vertical Farming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 53.76% in 2024. Horizon Databook has segmented the Mexico cannabis vertical farming market based on container, building based covering the revenue growth of each sub-segment from 2017 to 2030.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico cannabis vertical farming market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cannabis vertical farming market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico cannabis vertical farming market size, by structure, 2017-2030 (US$M)
Mexico Cannabis Vertical Farming Market Outlook Share, 2024 & 2030 (US$M)
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