Greenhouse Produce Market is Driven by Advancements In Genetically Modified Seeds Till 2026

Worldwide Market Reports added Latest Research Report titled “Global Greenhouse Produce Market by Manufacturers, Regions, Product Type and Application, Forecast up to 2026” to its Large Report database.

Greenhouse Produce are crops grown in a totally enclosed structure, which one can have control over water, temperature, and ventilation. Various greenhouses produce crops traditionally in the soil by building wooden benches where crops are produced.

Greenhouse produce includes vegetables, fruits, flowers, and herbs among others. The market for greenhouse produce is gaining significant traction, as it helps grow crops at any time of the year. According to the United States Department of Agriculture's (USDA) National Agricultural Statistics Service (NASS), in 2012 Pennsylvania's greenhouses generated $9.5M in sales of crops excluding tomatoes.

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The greenhouses constructed for this produce is either covered with hard plastic panels or a double layer of plastic with air space between the two layers. The hard plastic panels help withstand snow loads during winter storms, while the method could be more expensive than the two plastic layered method. However, the latter, requires re-installation due to replacement necessities every three to five years.

Greenhouse produce is gaining traction, as a method to protect crops from adverse weather conditions that allow for application of an integrated crop production and protection management approach for better control over pests and diseases. This in turn, is increasing the demand for greenhouse produce, thus boosting growth of the greenhouse produce market.

Furthermore, the wide application of such supply in the local markets with high export potential, in turn, is increasing the demand for greenhouse for foreign trade, thus driving growth of the greenhouse produce market.

Growing urban population and genetic advancements producing genetically modified seeds pose as major factors driving growth of the global greenhouse produce market.

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However, increasing greenhouse crop production is giving rise to favorable environment for several harmful pests and diseases, further increasing the demand for pesticides. This in turn, increases the cost of greenhouse produce, which poses as a major factor hampering growth of the greenhouse produce market. Furthermore, growing inclination towards pesticide-free and organic products in turn, is expected to restraint growth of the market.

In 2016, Kentucky Fresh Harvest, a high-technology greenhouse project located in Stanford, KY and protected from elements by advanced technological systems, in collaboration with Stanford-area officials announced investment of US$ 10.7 million, to produce 3-4 million pounds of cherry tomatoes annually, in turn, creating a 75-job facility in the area.

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