The global Greenhouse Horticulture market size was USD 27 billion in 2022 and is expected to reach a value of USD 58.64 billion in 2032 and register a revenue CAGR of 9% during the forecast period. The desire for fresh and high-quality crops year-round, the growing requirement for food security due to population expansion, and changing weather patterns brought on by global warming are the main factors driving market revenue growth. Farmers may better regulate the growing environment by using commercial greenhouses, allowing them to produce crops all year long and in places where it would be impossible to do so without them.
The market is expanding due to the necessity of reducing carbon emissions and promoting sustainable agricultural methods. Customers are seeking more product that has been grown and supplied sustainably as they become more conscious of the effects food production has on the environment. A sustainable and environmentally beneficial method of food production is commercial greenhouse technology. Utilizing energy-efficient equipment, such as solar panels, geothermal heating and cooling systems, and LED Lighting, can lower energy use and greenhouse gas emissions, supporting sustainable agricultural practices.
The conditions such as temperature, fertilizers, and humidity are required for the proper growth of the plants. The advantage of commercial greenhouses is that a higher yield is obtained in comparison with conventional methods. Plants grown in such controlled conditions are free from pests and animals, and vegetables, flowers, fruits are available throughout the year. There is minimum consumption of water.
The current COVID pandemic has disrupted the overall supply chain leading to a decline in production. The strict lockdown rules and social distancing policies to reduce the spread of the virus have also resulted in a limited workforce.
Get a sample copy of the commercial greenhouse Market report, visit: https://www.reportsanddata.com/sample-enquiry-form/3858
Commercial Greenhouse Market: Drive factors
As of my last update in September 2021, the Greenhouse Horticulture Market was experiencing significant growth, and several factors were driving this expansion. It's essential to note that market conditions may have evolved since then, so the following drive factors may require further research for their current relevance in 2023:
- Increasing demand for food security: With a rising global population and changing dietary habits, there has been a growing demand for fresh and locally grown produce. Commercial greenhouses provide a viable solution for year-round cultivation, reducing reliance on seasonal crops and imports.
- Growing awareness of sustainable agriculture: As environmental concerns and climate change become more evident, consumers and businesses are looking for sustainable and eco-friendly practices. Greenhouses offer controlled environments that can significantly reduce water usage, minimize pesticide and herbicide use, and lower carbon footprints compared to traditional open-field farming.
- Advancements in greenhouse technology: Innovations in greenhouse design, automation, and climate control systems have improved productivity and efficiency in greenhouse operations. These technological advancements have allowed for precise monitoring and optimization of growing conditions, leading to higher yields and reduced operational costs.
- Government support and incentives: Many governments around the world have recognized the importance of sustainable agriculture and food security. To encourage investment in the greenhouse sector, governments may offer financial incentives, tax breaks, grants, or subsidies to greenhouse operators.
- Expansion of protected agriculture: Protected agriculture, which includes greenhouses and other controlled-environment structures, enables farmers to grow crops in regions with adverse weather conditions or limited arable land. This expansion has facilitated the cultivation of a wider variety of crops in areas where they might not have been traditionally grown.
- Demand for organic and locally grown produce: Consumers are increasingly seeking organic and locally grown produce due to health and environmental considerations. Commercial greenhouses can cater to this demand by producing pesticide-free, fresh, and locally sourced vegetables and fruits.
- Shorter time to market: Greenhouses allow for accelerated crop production by providing a stable environment, optimizing growth conditions, and reducing crop cycles. This shorter time to market enables growers to respond more effectively to changing consumer preferences and market demands.
- Export opportunities: Commercial greenhouses can create opportunities for countries to export fresh produce to regions where certain crops are not available or are out of season. This can contribute to economic growth and balance trade deficits in some regions.
Keep in mind that the commercial greenhouse market is influenced by various factors, and the relative importance of each driver may vary depending on the region and prevailing market conditions. For the most up-to-date information, I recommend consulting recent reports, studies, and industry analyses on the commercial greenhouse sector.
Explore Trending Reports:
Steam Boiler Systems Market-https://www.reportsanddata.com/report-detail/steam-boiler-systems-market
Floor Coatings Market-https://www.reportsanddata.com/report-detail/floor-coatings-market
Plant Growth Chamber Market-https://www.reportsanddata.com/report-detail/plant-growth-chamber-market
Window Tint Market-https://www.reportsanddata.com/report-detail/window-tint-market
Silage Bags Market-https://www.reportsanddata.com/report-detail/silage-bags-market
Hydrochlorofluorocarbon (HCFC) Refrigerant Market-https://www.reportsanddata.com/report-detail/hydrochlorofluorocarbon-hcfc-refrigerant-market
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/3858
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Browse Latest Blogs: https://www.reportsanddata.com/blogs
Browse Latest Press Release: https://www.reportsanddata.com/press-release
