Commercial Greenhouse Market worth USD 3,492.5 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Commercial Greenhouse Market by Equipment Type (Cooling systems, Heating Systems, Other Equipment Types), by Crop Type (Flowers and Ornamentals, Fruits and Vegetables, Nursery Crops, and Other Crop Types), by GreenHouse Type (Glass Greenhouses and Plastic Greenhouses), by Region – Global Share and Forecast to 2030". The global commercial greenhouse market size is expected to grow USD 3,492.5 million by 2030 from USD 2,158.5 million in 2021, at a CAGR of 6.2% from 2022 to 2030. People are making lifestyle changes, gradually adopting healthy and active lifestyles, and changing their habits by consuming pesticide-free foods. The demand for these foods has led to an increased market for greenhouse farming as new integrations in the systems help raise the yields, with increased growing efficiencies and lower costs. The adoption of greenhouse technologies enabled farmers to control the growing environment and manage cultivation efficiently, leading to increased yields in the crops.

Moreover, the cultivation of crops in a safe and controlled greenhouse environment can enhance the genetics of the crops, resulting in the development of healthier varieties. In open field cultivation, the farmers face challenges from pests, locusts, and other animals, which can threaten the quality of the produce. In the greenhouse environment, this can be mitigated, and the farmers do not need to rely on any pesticides. This leads to the production of healthy, safe, and nutritious food. Thus, the increasing demand for food coupled with enhanced benefits of greenhouse conditions, like increased yield, is anticipated to drive the market's growth during the forecast period.

Global Commercial Greenhouse Market Segmentation

The overall commercial greenhouse market has been segmented into the equipment type, crop type, greenhouse type, and region.

• By Equipment Type (Cooling systems, Heating Systems, Other Equipment Types)
• By Crop Type (Flowers and Ornamentals, Fruits and Vegetables, Nursery Crops, and Other Crop Types)
• By GreenHouse Type (Glass Greenhouses and Plastic Greenhouses)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Fruits and Vegetables, by crop type, is estimated to hold the largest market share during the forecast period

The global commercial greenhouse market is segregated into flowers and ornamentals, fruits and vegetables, nursery crops, and other crop types based on crop type. In 2021, fruits and vegetables is accounted for the largest market revenue share of 59.1%. Leafy greens, microgreens, spinach, cucumber, tomatoes, peppers, herbs, squash, strawberries, peaches, coriander, chilies, raspberries are some major grown fruits and vegetables in greenhouses.

By crop type, fruit and vegetables hold the largest market share due to the high demand for fresh veggies and fruits around the globe. Also, due to its high quality, fruit and vegetables grown in greenhouses receive high demand from the retail chains in developed regions. For instance, some of the major wholesalers and retailers demanding greenhouse produce in North America, including Stop and Shop, Walmart, Whole Foods, Giant, and Weis, as well as on online platforms, like Amazon.

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North America accounts for the largest market share in the commercial greenhouse market 2021

Based on the regions, the global commercial greenhouse market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America accounted for the highest market share in the global commercial greenhouse market and was anticipated to maintain its dominance throughout the forecast period. In North America, the US had the largest market share of 41.9% during the forecast period. The commercial greenhouse vegetable production has primarily been in the northeastern United States. With light being one of the major important factors in greenhouse vegetable production, the Southwest has become an ideal area for future market development, particularly in the winter months when tomato and cucumber prices are at a premium.

Tomatoes, cucumbers, and herbs are the three most grown crops under greenhouse mechanisms in the United States. Other crops, like spinach, onions, carrots, broccoli, cabbage, and eggplant, are cultivated to meet the growing demands of consumers. The organic method of crop cultivation has attracted greenhouse operators. The increasingly global and domestic demand for organic products among consumers has boosted the growth of this segment in the United States.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the commercial greenhouse market. It also consists of leading companies such as Richel Group, Rough Brothers Inc., Nexus Corporation, Certhon, Logiqs BV, Lumigrow Inc., Hort Americas, Agra Tech Inc., and Heliospectra AB. These market players have focused on acquisitions and expansion to gain a larger market share in the commercial greenhouse market.

Browse complete report: https://www.marketstatsville.com/commercial-greenhouse-market

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