Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
cannabis cultivation industry, cannabis cultivation industry analysis, cannabis cultivation market share, cannabis cultivation market segments, cannabis cultivation market insights, cannabis cultivation market research
What is the Historic and Forecasted Market Size for the Cannabis Cultivation Market?
The cannabis cultivation market size has experienced significant growth in previous years, expanding from $179.32 billion in 2024 to an estimated $208.64 billion in 2025. It was driven by trends such as legalization movements, acceptance and recognition of medical use, rising consumer awareness, and increased investment inflow. The market is anticipated to see rapid growth and reach $407.91 billion by 2029 at an 18.2% compound annual growth rate (CAGR). The predicted expansion during the forecasted period can be attributed to intensified research and development, sustainable practices, and consumer education. The key trends projected to shape the forecasted period are technological advancements, global expansion, brand development, product diversification, strain customization, consolidation, and competition.
Get Your Free Sample of The Global Cannabis Cultivation Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7281&type=smp
What Are the Key Growth Drivers for the Cannabis Cultivation Market?
Cannabis’ increasing adoption for the treatment of chronic diseases is expected to fuel the growth of the cannabis cultivation market going forward. Chronic diseases last for a year or longer, requiring continuous medical attention. Using cannabis for treating chronic conditions contributes to the industry by demonstrating safety and efficacy. In April 2022, according to the UK-based Venture Capital fund, Octopus Ventures, the UK’s prescription rate for medicinal cannabis stands at 0.005% of those who could potentially benefit, compared to Canada’s benchmark rate where 1% of the population gains clinical benefit from medicinal cannabis. Therefore, the adoption of cannabis for chronic disease treatment is a driver of the cannabis cultivation market.
Which Segments Dominate the Cannabis Cultivation Market?
The cannabis cultivation market segments covered in this report include –
1) By Type: Cannabis Indica, Cannabis Sativa
2) By Source: Flower or Buds, Leaves, Other Sources
3) By Application Outlook: Medical Consumption, Recreational Consumption, Industrial Consumption.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/cannabis-cultivation-global-market-report
Which Leading Companies Operate in the Cannabis Cultivation Market?
Key players 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., and many more.
What are the Emerging Trends in the Cannabis Cultivation Market?
Notable emerging trends include product innovations. Key market players focus on developing innovative products to strengthen their market position. For example, 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, specifically designed to meet the needs of prototype labs, educational research centers, and small-scale cannabis processing facilities.
What is the Regional Analysis of the Cannabis Cultivation Market?
In 2024, Asia-Pacific was the largest region in the cannabis cultivation market. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Market Definition: What Does The Cannabis Cultivation Market Report 2025 Offer?
Cannabis cultivation involves the growth of one or more cannabis plants in any location, including indoor or outdoor environments and secure, fully enclosed buildings. This includes harvesting, drying, curing, grading, trimming, packaging, or storing the plants. The Cannabis Cultivation Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7281
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-mode
