This Cannabis Cultivation market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The cannabis cultivation market size has grown rapidly in recent years. It will grow from $179.32 billion in 2024 to $208.64 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to legalization trends, medical use acceptance, consumer awareness, investment inflow.
The cannabis cultivation market size is expected to see rapid growth in the next few years. It will grow to $407.91 billion in 2029 at a compound annual growth rate (CAGR) of 18.2%. The growth in the forecast period can be attributed to research and development, sustainable practices, consumer education. Major trends in the forecast period include technological advancements, global expansion, brand development, product diversification, strain customization, consolidation and competition.
The adoption of cannabis for treating chronic diseases is anticipated to drive the growth of the cannabis cultivation market in the future. A chronic disease refers to a medical condition that persists for a year or longer, requiring ongoing medical care and limiting daily activities. The use of cannabis for chronic disease treatment supports cannabis cultivation by demonstrating safety, efficacy, and consistency that meet regulatory approval standards for conditions such as spasticity associated with multiple sclerosis and Dravet and Lennox-Gastaut Syndromes. For example, in April 2022, a report from Octopus Ventures, a UK-based venture capital fund, highlighted that while 1% of Canada's population benefits from medicinal cannabis, the UK’s prescription rate stands at only 0.005% of those who could benefit. Thus, the increasing adoption of cannabis for chronic disease treatment is fueling the cannabis cultivation market.
The increasing public acceptance and demand for cannabis are expected to boost the growth of the cannabis cultivation market going forward. Cannabis refers to a genus of flowering plants in the Cannabaceae family. Greater public acceptance and demand lead to a larger consumer base, which, in turn, drives the need for more cannabis cultivation. This expanded market can boost production and sales. For instance, in August 2022, according to a report published by the National Institutes of Health (NIH), a US-based government agency, 43% of young adults reported using marijuana in 2021. Additionally, 29% of young adults reported using marijuana in the past month during the same year. Furthermore, the prevalence of daily marijuana use among young adults significantly increased, with 11% reporting daily use in 2021. Therefore, the increasing public acceptance and demand for cannabis are driving the growth of the cannabis cultivation market.
Product innovations are a key trend gaining popularity in the cannabis cultivation market. Major companies operating in the market are focused on developing innovative products to strengthen their position in the market. For instance, in January 2022, Prospiant, a US-based controlled environment agriculture (CEA) greenhouse solutions and cannabis cultivation and extraction technologies provider, launched Delta Ethanol Extraction CUP-5 to specifically meet the requirements of prototype labs, educational research centers, and small-scale cannabis processing facilities. During the process of cannabis cultivation, it can handle plant material in batches as small as 3. 5 pounds and finish the extraction process in 2 to 12 minutes. It combines mechanical centrifugation with closed-loop cold alcohol extraction technology to produce a high-purity final product. Its innovative features also include the ability to operate without a C1D2 environment or a hazardous location (HazLoc) requirement.
Major companies operating in the cannabis cultivation market are developing innovative products such as cannabis cleaning products to meet larger customer bases, more sales, and increase revenue. A cannabis cleaning product refers to a specialized cleaning solution or agent designed for the thorough and safe cleaning of various equipment, tools, surfaces, or accessories used in the cultivation, processing, or consumption of cannabis. For instance, in June 2023, Eteros Technologies USA Inc., a US-based provider of cannabis harvesting equipment, launched GMP Solutions. One distinctive aspect of this product is its provision of cutting-edge cleaning solutions tailored for cannabis harvesting and processing facilities. GMP Solutions is set to offer a comprehensive range of cleaning products tailored specifically for cannabis processing equipment, addressing the needs of small, large, and commercial-scale facilities that adhere to Good Manufacturing Practices (GMP) protocols. These GMP Solutions products are characterized by their non-toxic, biodegradable, and food-safe properties. At the heart of this product lineup is the Step 1 Cleaner, which is designed with a buffering agent to ensure a gentle pH-neutral action suitable for a wide range of surfaces. This cleaning solution effectively emulsifies, absorbs, and removes greases, resins, organics, and oils. It can also penetrate dyes and gums, even those typically resistant to caustic substances and hazardous solvents found in other cleaning agents. Notably, this cleaner produces no strong fumes or odors, making it safe for use in manufacturing and processing facilities and leaving surfaces completely residue-free after rinsing.
In February 2024, Curaleaf International, a US-based pharmaceutical company, acquired Can4Med for an undisclosed amount. This acquisition is intended to greatly enhance Curaleaf International's presence in Poland's rapidly expanding medical cannabis market. Can4Med, a pharmaceutical company based in Poland, specializes in the registration and distribution of medical cannabis and products that contain THC and other cannabinoids.
Major companies operating in the cannabis cultivation market include Pacific Cannabis Growers Inc., Atlas Growers Ltd., Canntrust Holdings Inc, The Hydropothecary Corporation, Better Holdings Inc., Canopy Growth Corporation, Aurora Cannabis Inc., Aphria Inc., Cronos Group Inc., Tilray Inc., GW Pharmaceuticals plc, Organigram Holdings Inc., Harvest Health & Recreation Inc., Green Thumb Industries Inc., Trulieve Cannabis Corp., Curaleaf Holdings Inc., Cresco Labs Inc., TerrAscend Corp., MedMen Enterprises Inc., Acreage Holdings Inc., Columbia Care Inc., Vireo Health International Inc., Liberty Health Sciences Inc., Harvest One Cannabis Inc., Emerald Health Therapeutics Inc., Aleafia Health Inc., The Green Organic Dutchman Holdings Ltd., Supreme Cannabis Company Inc., CannTrust Holdings Inc., Cannara Biotech Inc., Auxly Cannabis Group Inc., MediPharm Labs Corp., Neptune Wellness Solutions Inc., Zenabis Global Inc.
Cannabis cultivation refers to the establishment of one or more cannabis plants or any part of them in any location, whether indoors or out, including inside a completely enclosed and secure building. It also includes harvesting, drying, processing, curing, grading, trimming, packaging, or storing the plants or any part of them.
The main types of cannabis cultivation are cannabis indica and cannabis sativa. Cannabis indica refers to a classification of marijuana, known for its relaxing and therapeutic qualities. The different sources include flowers or buds, leaves, and other sources, that are used in medical consumption, recreational consumption, and industrial consumption.
The cannabis cultivation market research report is one of a series of new reports that provides cannabis cultivation market statistics, including cannabis cultivation industry global market size, regional shares, competitors with a cannabis cultivation market share, detailed cannabis cultivation market segments, market trends and opportunities, and any further data you may need to thrive in the cannabis cultivation industry. This cannabis cultivation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the cannabis cultivation market in 2024. The regions covered in the cannabis cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cannabis cultivation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The cannabis cultivation market includes revenues earned by entities by hemp and marijuana. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cannabis cultivation market size has grown rapidly in recent years. It will grow from $179.32 billion in 2024 to $208.64 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to legalization trends, medical use acceptance, consumer awareness, investment inflow.
The cannabis cultivation market size is expected to see rapid growth in the next few years. It will grow to $407.91 billion in 2029 at a compound annual growth rate (CAGR) of 18.2%. The growth in the forecast period can be attributed to research and development, sustainable practices, consumer education. Major trends in the forecast period include technological advancements, global expansion, brand development, product diversification, strain customization, consolidation and competition.
The adoption of cannabis for treating chronic diseases is anticipated to drive the growth of the cannabis cultivation market in the future. A chronic disease refers to a medical condition that persists for a year or longer, requiring ongoing medical care and limiting daily activities. The use of cannabis for chronic disease treatment supports cannabis cultivation by demonstrating safety, efficacy, and consistency that meet regulatory approval standards for conditions such as spasticity associated with multiple sclerosis and Dravet and Lennox-Gastaut Syndromes. For example, in April 2022, a report from Octopus Ventures, a UK-based venture capital fund, highlighted that while 1% of Canada's population benefits from medicinal cannabis, the UK’s prescription rate stands at only 0.005% of those who could benefit. Thus, the increasing adoption of cannabis for chronic disease treatment is fueling the cannabis cultivation market.
The increasing public acceptance and demand for cannabis are expected to boost the growth of the cannabis cultivation market going forward. Cannabis refers to a genus of flowering plants in the Cannabaceae family. Greater public acceptance and demand lead to a larger consumer base, which, in turn, drives the need for more cannabis cultivation. This expanded market can boost production and sales. For instance, in August 2022, according to a report published by the National Institutes of Health (NIH), a US-based government agency, 43% of young adults reported using marijuana in 2021. Additionally, 29% of young adults reported using marijuana in the past month during the same year. Furthermore, the prevalence of daily marijuana use among young adults significantly increased, with 11% reporting daily use in 2021. Therefore, the increasing public acceptance and demand for cannabis are driving the growth of the cannabis cultivation market.
Product innovations are a key trend gaining popularity in the cannabis cultivation market. Major companies operating in the market are focused on developing innovative products to strengthen their position in the market. For instance, in January 2022, Prospiant, a US-based controlled environment agriculture (CEA) greenhouse solutions and cannabis cultivation and extraction technologies provider, launched Delta Ethanol Extraction CUP-5 to specifically meet the requirements of prototype labs, educational research centers, and small-scale cannabis processing facilities. During the process of cannabis cultivation, it can handle plant material in batches as small as 3. 5 pounds and finish the extraction process in 2 to 12 minutes. It combines mechanical centrifugation with closed-loop cold alcohol extraction technology to produce a high-purity final product. Its innovative features also include the ability to operate without a C1D2 environment or a hazardous location (HazLoc) requirement.
Major companies operating in the cannabis cultivation market are developing innovative products such as cannabis cleaning products to meet larger customer bases, more sales, and increase revenue. A cannabis cleaning product refers to a specialized cleaning solution or agent designed for the thorough and safe cleaning of various equipment, tools, surfaces, or accessories used in the cultivation, processing, or consumption of cannabis. For instance, in June 2023, Eteros Technologies USA Inc., a US-based provider of cannabis harvesting equipment, launched GMP Solutions. One distinctive aspect of this product is its provision of cutting-edge cleaning solutions tailored for cannabis harvesting and processing facilities. GMP Solutions is set to offer a comprehensive range of cleaning products tailored specifically for cannabis processing equipment, addressing the needs of small, large, and commercial-scale facilities that adhere to Good Manufacturing Practices (GMP) protocols. These GMP Solutions products are characterized by their non-toxic, biodegradable, and food-safe properties. At the heart of this product lineup is the Step 1 Cleaner, which is designed with a buffering agent to ensure a gentle pH-neutral action suitable for a wide range of surfaces. This cleaning solution effectively emulsifies, absorbs, and removes greases, resins, organics, and oils. It can also penetrate dyes and gums, even those typically resistant to caustic substances and hazardous solvents found in other cleaning agents. Notably, this cleaner produces no strong fumes or odors, making it safe for use in manufacturing and processing facilities and leaving surfaces completely residue-free after rinsing.
In February 2024, Curaleaf International, a US-based pharmaceutical company, acquired Can4Med for an undisclosed amount. This acquisition is intended to greatly enhance Curaleaf International's presence in Poland's rapidly expanding medical cannabis market. Can4Med, a pharmaceutical company based in Poland, specializes in the registration and distribution of medical cannabis and products that contain THC and other cannabinoids.
Major companies operating in the cannabis cultivation market include Pacific Cannabis Growers Inc., Atlas Growers Ltd., Canntrust Holdings Inc, The Hydropothecary Corporation, Better Holdings Inc., Canopy Growth Corporation, Aurora Cannabis Inc., Aphria Inc., Cronos Group Inc., Tilray Inc., GW Pharmaceuticals plc, Organigram Holdings Inc., Harvest Health & Recreation Inc., Green Thumb Industries Inc., Trulieve Cannabis Corp., Curaleaf Holdings Inc., Cresco Labs Inc., TerrAscend Corp., MedMen Enterprises Inc., Acreage Holdings Inc., Columbia Care Inc., Vireo Health International Inc., Liberty Health Sciences Inc., Harvest One Cannabis Inc., Emerald Health Therapeutics Inc., Aleafia Health Inc., The Green Organic Dutchman Holdings Ltd., Supreme Cannabis Company Inc., CannTrust Holdings Inc., Cannara Biotech Inc., Auxly Cannabis Group Inc., MediPharm Labs Corp., Neptune Wellness Solutions Inc., Zenabis Global Inc.
Cannabis cultivation refers to the establishment of one or more cannabis plants or any part of them in any location, whether indoors or out, including inside a completely enclosed and secure building. It also includes harvesting, drying, processing, curing, grading, trimming, packaging, or storing the plants or any part of them.
The main types of cannabis cultivation are cannabis indica and cannabis sativa. Cannabis indica refers to a classification of marijuana, known for its relaxing and therapeutic qualities. The different sources include flowers or buds, leaves, and other sources, that are used in medical consumption, recreational consumption, and industrial consumption.
The cannabis cultivation market research report is one of a series of new reports that provides cannabis cultivation market statistics, including cannabis cultivation industry global market size, regional shares, competitors with a cannabis cultivation market share, detailed cannabis cultivation market segments, market trends and opportunities, and any further data you may need to thrive in the cannabis cultivation industry. This cannabis cultivation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the cannabis cultivation market in 2024. The regions covered in the cannabis cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cannabis cultivation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The cannabis cultivation market includes revenues earned by entities by hemp and marijuana. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cannabis Cultivation Market Characteristics3. Cannabis Cultivation Market Trends and Strategies4. Cannabis Cultivation Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Cannabis Cultivation Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Cannabis Cultivation Market34. Recent Developments in the Cannabis Cultivation Market
5. Global Cannabis Cultivation Growth Analysis and Strategic Analysis Framework
6. Cannabis Cultivation Market Segmentation
7. Cannabis Cultivation Market Regional and Country Analysis
8. Asia-Pacific Cannabis Cultivation Market
9. China Cannabis Cultivation Market
10. India Cannabis Cultivation Market
11. Japan Cannabis Cultivation Market
12. Australia Cannabis Cultivation Market
13. Indonesia Cannabis Cultivation Market
14. South Korea Cannabis Cultivation Market
15. Western Europe Cannabis Cultivation Market
16. UK Cannabis Cultivation Market
17. Germany Cannabis Cultivation Market
18. France Cannabis Cultivation Market
19. Italy Cannabis Cultivation Market
20. Spain Cannabis Cultivation Market
21. Eastern Europe Cannabis Cultivation Market
22. Russia Cannabis Cultivation Market
23. North America Cannabis Cultivation Market
24. USA Cannabis Cultivation Market
25. Canada Cannabis Cultivation Market
26. South America Cannabis Cultivation Market
27. Brazil Cannabis Cultivation Market
28. Middle East Cannabis Cultivation Market
29. Africa Cannabis Cultivation Market
30. Cannabis Cultivation Market Competitive Landscape and Company Profiles
31. Cannabis Cultivation Market Other Major and Innovative Companies
35. Cannabis Cultivation Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Cannabis Cultivation Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cannabis cultivation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for cannabis cultivation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cannabis cultivation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Cannabis Indica; Cannabis Sativa2) By Source: Flower or Buds; Leaves; Other Sources
3) By Application Outlook : Medical Consumption; Recreational Consumption; Industrial Consumption
Subsegments:
1) By Cannabis Indica: Medicinal Strains; Recreational Strains; Hybrid Strains2) By Cannabis Sativa: Medicinal Strains; Recreational Strains; Hybrid Strains
Key Companies Mentioned: Pacific Cannabis Growers Inc.; Atlas Growers Ltd.; Canntrust Holdings Inc; The Hydropothecary Corporation; Better Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Cannabis Cultivation market report include:- Pacific Cannabis Growers Inc.
- Atlas Growers Ltd.
- Canntrust Holdings Inc
- The Hydropothecary Corporation
- Better Holdings Inc.
- Canopy Growth Corporation
- Aurora Cannabis Inc.
- Aphria Inc.
- Cronos Group Inc.
- Tilray Inc.
- GW Pharmaceuticals plc
- Organigram Holdings Inc.
- Harvest Health & Recreation Inc.
- Green Thumb Industries Inc.
- Trulieve Cannabis Corp.
- Curaleaf Holdings Inc.
- Cresco Labs Inc.
- TerrAscend Corp.
- MedMen Enterprises Inc.
- Acreage Holdings Inc.
- Columbia Care Inc.
- Vireo Health International Inc.
- Liberty Health Sciences Inc.
- Harvest One Cannabis Inc.
- Emerald Health Therapeutics Inc.
- Aleafia Health Inc.
- The Green Organic Dutchman Holdings Ltd.
- Supreme Cannabis Company Inc.
- CannTrust Holdings Inc.
- Cannara Biotech Inc.
- Auxly Cannabis Group Inc.
- MediPharm Labs Corp.
- Neptune Wellness Solutions Inc.
- Zenabis Global Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | January 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 208.64 Billion |
Forecasted Market Value ( USD | $ 407.91 Billion |
Compound Annual Growth Rate | 18.2% |
Regions Covered | Global |
No. of Companies Mentioned | 35 |