Commercial Greenhouse Market revenue is expected to grow at a CAGR of 11.8 percent from 2024 to 2030

(EMAILWIRE.COM, July 21, 2024 ) Europe is expected to dominate the market by 2030. Key countries include the Netherlands, Spain, Turkey, and Scandinavian countries. Europe has been a leader in adopting greenhouse horticulture, and controlled environment agriculture is crucial in colder climates. North America’s key players include the United States, Canada, and Mexico. Asia Pacific includes China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the rest of APAC. Middle East and Africa includes South Africa, GCC countries, Egypt, Nigeria, and the rest of ME&A. South America includes Brazil, Argentina, and the rest of South America.

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Greenhouse farming provides higher yields with less water and space compared to traditional farming. For example, greenhouse hydroponic tomato yields average 10.59 pounds per square foot, whereas conventionally produced tomato yields are 1.85 pounds per square foot. The Food and Agriculture Organization (FAO) estimates that food production must rise by 70% by 2050 to meet global needs. Greenhouse farming uses about 95% less water than outdoor farming to produce the same amount of crops.

Commercial Greenhouse Market Segmentation

By Crop Type:

Fruits

Vegetables

Flowers & ornamentals

Nursery crops

Others

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By Type:

Glass greenhouse

Plastic greenhouse

By Equipment:

Cooling systems

Heating systems

Others

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Key Players of Commercial Greenhouse Market include:

Berry Global (US)

Signify Holding (Netherlands)

Heliospectra AB (Sweden)

Plastika Kritis (Greece)

Everlight Electronics (Taiwan)

Richel Group (France)

Argus Control Systems (Canada)

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