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Dramatic Growth in Commercial Greenhouse Market: Forecasts, Key Players, and Trends
Commercial Greenhouse Market
Spiraling Demand Powers Commercial Greenhouse Market towards $60.72 Billion By 2029
What Is The Projected Market Size Of The Global Commercial Greenhouse Market And Its Growth Rate?
The global commercial greenhouse market represents an exciting growth opportunity.
• Market size in 2024: $35.58 billion
• Market size in 2025: $39.34 billion (CAGR of 10.6%)
• Expected Market size in 2029: $60.72 billion (CAGR of 11.5%)
Driving forces behind this include growing demands for fresh produce, changes in climate and weather, increased urbanization, and government incentives for sustainable and organic farming.
What Is Driving The Growth In The Commercial Greenhouse Market?
The dual pressures of a growing global population and limited available arable land are fuelling the growth of the commercial greenhouse market. These greenhouses can produce more than double the yield of traditional outdoor cultivation methods, allowing us to meet escalating demand for food. According to a report published by the United Nations in July 2022, the world population, currently standing at 7.9 billion, is projected to increase to 8.5 billion in 2030 and 9.7 billion by 2050. During this period, an estimated 660 million people could still be experiencing hunger. To feed this growing population, our limited arable land is under pressure to produce more food using soil treatment devices. As such, the increasing use of commercial greenhouse technology is set to be an important component in addressing this global food demand.
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Who Are the Key Players Driving Commercial Greenhouse Market Growth?
Major players in the commercial greenhouse market include:
• Heliospectra AB
• Nexus Corporation
• Rough Brothers Inc.
• Agra Tech Inc.
• Logiqs BV
• Certhon - Greenhouse Solutions BV
• Argus Control Systems Ltd.
• Richel Group
• Hort Americas
• International Greenhouse Company
What Are The Key Trends In The Commercial Greenhouse Market?
Emerging trends in the commercial greenhouse market include:
• Continued research and development
• Technological advancements
• Sustainable and eco-friendly practices
• Smart and automated greenhouses
• Vertical farming
• Controlled-environment agriculture (CEA)
• Specialty crop production
• Circular agriculture
• Health and wellness products
What Are The Segments Of The Global Commercial Greenhouse Market?
The global commercial greenhouse market is segmented by:
• Type: Glass Greenhouse, and Plastic Greenhouse
• Equipment Type: Cooling Systems, Heating Systems, and Other Equipment
• Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Other Crops
Which Region Leads The Commercial Greenhouse Market?
In 2024, Europe was the largest region in the commercial greenhouse market. Meanwhile, North America is expected to witness the highest growth rate during the forecast period. The market report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Commercial Greenhouse Market Global Market Report?
- Market Size Analysis: Analyze the Commercial Greenhouse Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Commercial Greenhouse Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Commercial Greenhouse Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Commercial Greenhouse Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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