Controlled Environment Agriculture Market Size

Controlled Environment Agriculture Market size was valued at USD 59.2 billion in 2024 and is expected to reach USD 333 billion by the end of 2037, expanding at a CAGR of 14.2% during the forecast period, i.e., 2025-2037. In 2025, the industry size of controlled environment agriculture is assessed at USD 67.6 billion. 

The market is expanding at a rapid pace as food security has become a global priority. This growth has been further driven by increasing demand for sustainable and high-yield agricultural solutions that are independent of seasonal changes in weather. One of the recent developments in this sector includes the launch of CEAg World by Meister Media Worldwide in March 2024. This launch targets controlled environmental food production, with most initiatives currently focused on vertical farms and greenhouses, representing increased specialization and scale in the industry. Various incentives and initiatives for ensuring all-year-round fresh produce supplies, reducing food miles, and enhancing food security are promoted by governments all over the world.

Government initiatives are focused especially on education and infrastructural development of controlled environment agriculture. For instance, Richmond Hill High School partnered with New York Sun Works in April 2024 to develop a Hydroponics Lab, an educative environment integrating advanced technology in agriculture. Such initiatives emphasize the importance of current developments, ensuring that companies can cope with the technologies of urban farming and be able to serve during times when food production in urban areas becomes an even bigger issue. Furthermore, the rising investments in sustainable farming technologies by governments are likely to open lucrative opportunities for players in the market.