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Commercial Greenhouse Market Analysis 2023-2032: Industry Trends, Global Overview, Future Growth And Major Players| Heliospectra, Nexus Corporation, Rough Brothers Inc., Agra Tech Inc., LumiGrow Inc
Commercial Greenhouse Market
The Business Research Company's Commercial Greehouse Global Market Report 2023 identifies Increasing population as the major driver for the Commercial Greenhouse Market's growth in the forecast period. The vine seed production in greenhouse farming is more than double that of conventional cultivation, attributed to regulated media and environmental conditions. For instance, in July 2022, according to a report published by the United Nations, the current world population stood at 7.9 billion in 2021, with projected increases to 8.5 billion in 2030, 9.7 billion in 2050, and 10.9 billion in 2100. In 2020, there will likely be between 720 and 811 million hungry people on the planet, and in 2030, 660 million people may still experience hunger.
The global commercial greenhouse market size grew from $29.69 billion in 2022 to $32.97 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial greenhouse market size is expected to grow to $49.26 billion in 2027 at a CAGR of 10.6%.
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Major competitors in the commercial Greenhouse Market are Heliospectra, Nexus Corporation, Rough Brothers Inc., Agra Tech Inc., LumiGrow Inc., Logiqs B.V., Certhon - Greenhouse Solutions, Argus Control Systems Ltd., Richel Group, Hort Americas, International Greenhouse Company, Top Greenhouses, Poly-Tex Inc., Stuppy Greenhouse, The Glasshouse Company Pty Ltd., Omni Structures International, Europrogress, DeCloet Greenhouse, Luiten Greenhouses, DutchGreenhouses, Green Tek, and Texas Greenhouse Company Inc.
A key trend in the Commercial Greenhouse Market includes Technological innovations. Indoor farmers can use artificial intelligence, automatic irrigation systems, pH cameras, and climate change tools to solve problems including disease prevention and pest management. For instance, in April 2020, Yanmar Co., Ltd., a Japan based machine manufacturing company, launched Smart Greenhouse in collaboration with various companies. Smart Greenhouse is a creative project that was started in conjunction with businesses and their specialized knowledge to lighten the load on farmers and help them with stable production and dependable business. Depending on the type of crop and cultivar, users can adjust the growing environment's temperature, humidity, and water content to automatically control cultivation techniques.
Read More On The Global Commercial Greenhouse Market Report Here:
https://www.thebusinessresearchcompany.com/report/commercial-greenhouse-global-market-report
The Commercial Greenhouse Market is segmented -
By Type: Glass Greenhouse, Plastic Greenhouse
By Equipment Type: Cooling Systems, Heating Systems, Other Equipments
By Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Other Crops
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Commercial Greenhouse Market.
The Business Research Company's "Global Commercial Greenhouse Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Commercial Greenhouse Market Include:
1. Executive Summary
2. Commercial Greenhouse Market Characteristics
3. Commercial Greenhouse Market Trends And Strategies
4. Commercial Greenhouse Market - Macro Economic Scenario
5. Commercial Greenhouse Market Size And Growth
……
26. Africa Commercial Greenhouse Market
27. Commercial Greenhouse Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Commercial Greenhouse Market
29. Commercial Greenhouse Market Future Outlook and Potential Analysis
30. Appendix
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