Asia Pacific Cannabis Vertical Farming Market Size & Outlook
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Asia Pacific cannabis vertical farming market highlights
- The Asia Pacific cannabis vertical farming market generated a revenue of USD 127.3 million in 2024.
- The market is expected to grow at a CAGR of 19.8% from 2025 to 2030.
- In terms of segment, container was the largest revenue generating structure in 2024.
- Building Based is the most lucrative structure segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 127.3 million |
| Market revenue in 2030 | USD 369.5 million |
| Growth rate | 19.8% (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 |
| 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, Asia Pacific region accounted for 26.1% of the global cannabis vertical farming market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 369.5 million by 2030.
Key Regions: U.S. , Australia , South Korea , Singapore , Thailand
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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 |
Asia Pacific 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 62.06% in 2024. Horizon Databook has segmented the Asia Pacific 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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Target buyers of Asia Pacific 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cannabis vertical farming market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cannabis vertical farming market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cannabis vertical farming market size, by country, 2017-2030 (US$M)
Asia Pacific Cannabis Vertical Farming Market Outlook Share, 2024 & 2030 (US$M)
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