Energy » Energy & Environmental Technology » Indoor farming | Vertical farming: forecasted market size by technology Canada 2014-2025

Canadian vertical farming market value 2014-2025, by technology

Estimated market value of vertical farming in Canada from 2014 to 2025, by technology type (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data shows the estimated market value of vertical farming in Canada from 2014 to 2025, by technology type. In 2016, the market value of lighting used in vertical farming amounted to approx. 66 million USD and is forecasted to reach 636 million dollars by 2025.

2014 14 22 31 27
2015 14 24 44 46
2016 21 38 56 66
2017 29 44 79 90
2018 44 53 94 128
2019 53 76 118 166
2020 68 100 147 213
2021 85 120 194 266
2022 100 162 229 336
2023 132 191 282 422
2024 153 238 344 521
2025 191 291 414 636