Rising Demand for Pesticide-Free Organic Produce
According to our latest market study, titled "Commercial Greenhouse Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Plant Type," the market accounted for approximately US$ 38 billion in 2022 and is projected to exceed US$ 62 billion by 2028 with an approximate CAGR of 8.4% from 2022 to 2028.
Commercial Greenhouse Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Free-Standing, Gutter-Connected, and Others), Plant Type (Fruits, Vegetables, Ornamental Plants, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)
Commercial greenhouse Market Report – Size & Forecasts 2030
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Source: The Insight Partners Analysis
Greenhouse farming involves growing crops in enclosed systems that provide a favorable environment for plant growth. Farmers are widely using greenhouse farming to increase their crop yield. Greenhouses are made of transparent materials, such as plastic and glass. The greenhouse's interior is generally warmer than the external temperature, which protects the crops from extreme weather conditions. Greenhouse farming provides high crop yield every year without being dependent on natural climatic conditions. All these factors are driving the growth of the commercial greenhouse market
Demand for fresh, pesticide-free, and organically grown produce is growing due to increased health and wellness concerns among the population. High usage of pesticides on food crops often leads to several health issues, including cancer, congenital disabilities, and disorders of the nervous system. These factors are driving the consumers' inclination toward locally grown organic produce. As greenhouses are enclosed structures, the risk of pest attacks has reduced significantly. Therefore, greenhouse farming involves less usage of pesticides. Moreover, plants grown in a controlled environment are exposed to optimum atmospheric conditions, which increase crop yield. Thus, the rising demand for pesticide-free and organic produce and the benefits of greenhouse farming are driving the growth of the commercial greenhouses market.
Greenhouse farming is widely practiced in urban areas owing to the limited availability of arable land for conventional agriculture. With rapid urbanization and increasing global population, the demand for commercial greenhouses is expected to increase in the coming years.
The global commercial greenhouse market is bifurcated on the basis of type and plant type. Based on type, the market is segmented into free-standing, gutter-connected, and others. The gutter-connected segment is expected to account for a major share of the commercial greenhouse market by 2028. Gutter-connected greenhouses occupy less land and do not have side walls. They have more interior space and are comparatively affordable than free-standing greenhouse structures. Gutter-connected greenhouses consume less energy than free-standing greenhouses and can be easily heated and cooled. These factors are driving the popularity of gutter-connected greenhouse structures among consumers, propelling the segment growth.
RICHEL GROUP; Argus Control Systems Limited; Berry Global Inc.; Agra Tech, Inc.; ATLAS MANUFACTURING, INC.; GGS Structures Inc.; Rough Brothers, Inc.; Certhon; Stuppy Greenhouse; and The Glasshouse Company Pty Ltd are key players profiled in the study of the commercial greenhouse market. Several other major companies were analyzed in this research study to get a holistic view of the commercial greenhouse market and its ecosystem.
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