PUBLISHER: DataM Intelligence | PRODUCT CODE: 1262758
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1262758
The Global Commercial Greenhouse Market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 9.1% during the forecast period (2023-2030).
Commercial greenhouses offer consumers a very stable and controlled environment in which they grow fruits, vegetables, flowers, and transplants for planting in general. This enables greenhouse plants to continuously produce despite the local temperature, soil, or terrain restrictions. In commercial greenhouses, plants are typically produced in large quantities for end users. Farmers can control and create a more optimum environment for their crops to grow by using greenhouses.
Rapid urbanization and the difficulty in accessing arable land are impacting the commercial greenhouse market's expansion. The use of commercial greenhouses has also been influenced by the adoption of traditional farming and its varying weather conditions. More control over the environment in which crops grow is made possible by the acceptance of greenhouse farming.
A good yield is possible for manufacturers if they can effectively control the irrigation process, the air humidity, the temperature, and the light. Farmers can better maintain their crops and forecast their harvest by exerting that much control over their growth. Farmers can grow fruit, vegetable, and flower crops all year round with their ability to control the environment.
The growth of the greenhouse horticulture market is anticipated to be fueled by the rising demand for fresh and healthy food from the hotel industry as well as the expanding population. For instance, India is an agricultural nation that produces about 326 million tonnes of horticultural products each year, which is a major factor fueling the demand for greenhouse horticulture.
The popularity of greenhouse horticulture and an increase in government support for boosting healthy agricultural productivity are anticipated to fuel market growth. Additionally, as noted on September 27, 2021, in Outlook India, the support given by the Indian government to farmers and horticulturists for growing safe food products is fueling the market demand for commercial greenhouse horticulture.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global commercial greenhouse market is segmented based on type, equipment type, crop type, and region.
The vegetable segment is anticipated to grow at the highest CAGR during the forecast period. Vegetables grow well in greenhouses. It enables year-round vegetable growing without having to worry about changing weather, temperature, or other environmental factors.
Growing vegetables in greenhouses shield the crops from adverse weather conditions like cold, wind, pests, drought, scorching heat, and animals trying to eat them. Due to the controlling factors found in greenhouses, such as moisture, light, temperature, fertilization, humidity, and irrigation, growing vegetables there also enables the creation of the best conditions for the crops.
The European region is anticipated to dominate the commercial greenhouse market during the forecast period of 2023-2030. By 2030, it is anticipated that Europe will have the largest market share. Innovating techniques into commercial greenhouse horticulture has traditionally been a priority for Europe.
The Netherlands, Spain, and Turkey all have significant greenhouse farming areas. In contrast, Dutch farmers frequently grow their plants in straightforward greenhouses that resemble tunnels without the use of temperature control technology. In the cold, controlled environment of Scandinavia, where farming is virtually impossible, agriculture has flourished. Growers in Europe are the biggest users of commercial greenhouse systems globally.
The major global players include Berry Global, Signify Holding, Heliospectra AB, Plastika Kritis, Prospiant, Richel Group, Argus Control Systems Limited, Certhon, Logiqs BV, and LumiGrow.
The Global Commercial Greenhouse Market Report Would Provide Approximately 61 Fables, 57 figures, and 118 pages.