Food Crops Grown Under Cover Market Report: Trends, Forecast and Competitive Analysis to 2030
Food Crops Grown Under Cover Trends and Forecast
The future of the global food crops grown under cover market looks promising with opportunities in the fruit & vegetable, herb & microgreen, and flower & ornamental markets. The global food crops grown under cover market is expected to reach an estimated $117.3 billion by 2030 with a CAGR of 11.7% from 2024 to 2030. The major drivers for this market are increased demand for fresh and organic food and rising preference for precision agricultural technique.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Crops Grown Under Cover by Segment
The study includes a forecast for the global food crops grown under cover by crop type, growing system, component, facility type, and region.
Food Crops Grown Under Cover Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:
- Fruits & Vegetables
- Herbs & Microgreens
- Flowers & Ornamentals
- Others
Food Crops Grown Under Cover Market by Growing System [Shipment Analysis by Value from 2018 to 2030]:
- Hydroponics
- Aeroponics
- Aquaponics
- Soil-Based
- Hybrid
Food Crops Grown Under Cover Market by Component [Shipment Analysis by Value from 2018 to 2030]:
Food Crops Grown Under Cover Market by Facility Type [Shipment Analysis by Value from 2018 to 2030]:
- Glass or Poly Greenhouses
- Indoor Vertical Farms
- Container Farms
- Indoor Deep-Water Culture Systems
- Others
Food Crops Grown Under Cover Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Food Crops Grown Under Cover Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food crops grown under cover companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food crops grown under cover companies profiled in this report include-
- Argus Control Systems
- LumiGrow
- Netafim
- Richel Groups
- General Hydroponics
- Crop One Holdings
- Metropolis Farms
- Bright Farms
- Bowery
- Certhon
Food Crops Grown Under Cover Market Insights
Lucintel forecasts that glass or poly greenhouse is expected to witness the highest growth over the forecast period.
Within this market, fruit & vegetable is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Food Crops Grown Under Cover Market
Market Size Estimates: Food crops grown under cover market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food crops grown under cover market size by various segments, such as by crop type, growing system, component, facility type, and region in terms of value ($B).
Regional Analysis: Food crops grown under cover market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different crop types, growing systems, components, facility types, and regions for the food crops grown under cover market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food crops grown under cover market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the food crops grown under cover market size?
Answer: The global food crops grown under cover market is expected to reach an estimated $117.3 billion by 2030.
Q2. What is the growth forecast for food crops grown under cover market?
Answer: The global food crops grown under cover market is expected to grow with a CAGR of 11.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the food crops grown under cover market?
Answer: The major drivers for this market are increased demand for fresh and organic food and rising preference for precision agricultural technique.
Q4. What are the major segments for food crops grown under cover market?
Answer: The future of the food crops grown under cover market looks promising with opportunities in the fruit & vegetable, herb & microgreen, and flower & ornamental markets.
Q5. Who are the key food crops grown under cover market companies?
Answer: Some of the key food crops grown under cover companies are as follows:
- Argus Control Systems
- LumiGrow
- Netafim
- Richel Groups
- General Hydroponics
- Crop One Holdings
- Metropolis Farms
- Bright Farms
- Bowery
- Certhon
Q6. Which food crops grown under cover market segment will be the largest in future?
Answer: Lucintel forecasts that glass or poly greenhouse is expected to witness the highest growth over the forecast period.
Q7. In food crops grown under cover market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the food crops grown under cover market by crop type (fruits & vegetables, herbs & microgreens, flowers & ornamentals, and others), growing system (hydroponics, aeroponics, aquaponics, soil-based, and hybrid), component (hardware and software), facility type (glass or poly greenhouses, indoor vertical farms, container farms, indoor deep-water culture systems, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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