Commercial Greenhouse Market Size
The Global Commercial Greenhouse Market USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 9.1% during the forecast period (2024-2031).
A commercial greenhouse is used for the mass production of plants or produce (like vegetables) that will be sold to retailers who will then sell them to the general public. Commercial greenhouses enable the cultivation of fruits and vegetables under controlled conditions, which ensure a continuous year-round supply of high-quality products and help overcome issues of land and water shortage and climate change. They frequently contain sophisticated machinery to regulate lighting, temperature, relative humidity, and vapor pressure deficit.
Market Scope
| Metrics | Details |
| CAGR | 9.1% |
| Size Available for Years | 2021-2030 |
| Forecast Period | 2023-2030 |
| Data Availability | Value (US$) |
| Segments Covered | Type, Equipment Type, Crop Type, and Region |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Fastest Growing Region | Europe |
| Largest Region | North America |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics
R&D Efforts to Advance Greenhouse Farming Techniques Drive Market Growth
The field of agriculture draws the most R&D from scientists. Challenges posed by climate change and environmental issues have prompted the development of numerous strategies to guarantee food security globally. Scientists, researchers, and farmers are becoming interested in greenhouse farming. To solve the fundamental issue of controlling the climate in temperate regions, experts are attempting to implement greenhouse farming.
According to the Advanced Horticulture Research Facility, active cooling techniques can help create the ideal environment. Numerous approaches are being researched, including photovoltaic (PV)-based shading techniques for greenhouse passive cooling. The protected cropping industry's current humidity-control methods are being improved.
The Commercial Greenhouse Industry's Technological Advancements are Driving the Market
Artificial intelligence, smart irrigation systems, pH sensors, and temperature control software are technological advancements that are significant trends in the commercial greenhouse industry. To deal with issues like disease prevention and insect management, indoor farmers may use technologies like artificial intelligence, autonomous irrigation systems, pH sensors, and climate change.
For instance, a US-based agriculture company introduced LUNA in 2019—an optical scanning system run by inch, a US-based company that continuously gathers imagery in greenhouses and analyses visual data from growth cycles. The software can identify dependable crops and notify farmers of problems as they occur. High-tech greenhouses are also sold by companies like AppHarvest and Kentucky Fresh Harvest, which contributes to the increase.
High Capital Expenditure of the Commercial Greenhouse Will Restrain the Market Growth
Resource management and fertilizer accuracy are essential for crops grown in commercial greenhouses. This requires an in-depth knowledge of the crop, the surrounding environment, and the ideal circumstances for the plants.
As a result, knowledgeable farmers usually raise these crops properly. Aside from that, you also need the right setup and extra irrigation system lighting. These are costly and difficult tasks for conventional farmers in developing nations to complete. These factors are expected to restrain market growth.
Market Segment Analysis
The global commercial greenhouse market is segmented based on type, equipment type, crop type, and region.
Increasing Demand for Heating Systems with its Healthy Controlling Operations
The heating systems segment is expected to grow at the highest CAGR during the forecast period. In order for commercial greenhouses to produce plants effectively, heating systems are regarded as one of the essential requirements. Systems that maintain a constant temperature and don't release any harmful materials help the plants grow.
The process of keeping the temperature at the desired level is called a heating system. These systems may be distributed or subject to centralized control. For internal heating during cold weather, radiant hot water heating systems are frequently used in greenhouses. Due to their ability to efficiently regulate the temperature of heating pipes through flow control, these heating systems use mixing valves.
Market Geographical Share
Increased Demand for Commercial Greenhouses in Europe, Owing to its Modern Farming Technologies
Europe was the dominant region in the global commercial and greenhouse market in 2022. Modern horticultural practices in commercial greenhouses have traditionally been implemented first in Europe. Huge areas are used for greenhouse farming in the Netherlands, Spain, and Turkey.
However, in the Netherlands, growers typically cultivate their plants in straightforward tunnel-like greenhouses without the use of climate control technologies. Scandinavian nations, where farming is almost impossible during the winter, have experienced great success with controlled environment agriculture. The largest users of commercial greenhouse technology worldwide are growers in Europe.
Commercial Greenhouse Companies
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.
Key Developments
- On January 26, 2022, Conviron introduced EVO, a line of plant growth rooms that use less energy and are more affordable. A wide variety of short, medium, or tall plants can use this.
- On May 17, 2021, Harahara Inc. and Heliospectra AB established partnerships to establish them as market leaders in Japan for light control systems and LED lights for controlled environments in plant factories and agriculture with Artificial Light (PFALs).
- On May 30, 2020, Certhon and DENSO Corporation established DENSO AgriTech Solutions, Inc. (Tokyo), a sales organization offering cutting-edge horticulture solutions. The agricultural products from DENSO and the horticulture goods and services from Certhon will be sold through this joint venture.
Why Purchase the Report?
- To visualize the global commercial greenhouse market segmentation based on type, equipment type, crop type, and region and understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous commercial greenhouse market-level data points all for segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Commercial Greenhouse Market Report Would Provide Approximately 61 Tables, 57 Figures, and 118 Pages.
Target Audience 2023
- Manufacturers / Buyers
- Industry Investors / Investment Bankers
- Research Professionals
- Emerging Companies
