18 Biggest Vertical Farming Companies

1. The Scotts Miracle-Gro Company (NYSE:SMG)

Revenue Reported in 2023: $3,550 million

The Scotts Miracle-Gro Company (NYSE: SMG), based in Marysville, Ohio, is a leading manufacturer and marketer of products for lawn care, garden care, and indoor and hydroponic gardening. The company invests in vertical farming technology. For the fiscal year ending September 30, 2023, Scotts Miracle-Gro (NYSE: SMG) reported a 10% decrease in overall sales, totaling $3.55 billion compared to the previous year. The U.S. Consumer segment experienced a 3% decline in sales, dropping to $2.84 billion from $2.93 billion in 2022. This decrease was primarily due to lower sales volumes, which were partially offset by price increases.

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