Commercial Greenhouse Market Forecasts to 2028 – Global Analysis By Product (Fruits, Vegetables & Herbs, Flowers & Ornamentals and Other Products), Type (Glass Greenhouse, Horticulture Glass, Plastic and Other Types), Equipment (Hardware, Software and Ser

Commercial Greenhouse Market Forecasts to 2028 – Global Analysis By Product (Fruits, Vegetables & Herbs, Flowers & Ornamentals and Other Products), Type (Glass Greenhouse, Horticulture Glass, Plastic and Other Types), Equipment (Hardware, Software and Services), Technology (Heating System, Cooling System and Other Technologies), Component (High-Tech Commercial Greenhouse, Medium-Tech Commercial Greenhouse and Low-Tech Greenhouse), End User and By Geography

According tStratistics MRC, the Global Commercial Greenhouse Market is accounted for $35.5 billion in 2022 and is expected treach $76.2 billion by 2028 growing at a CAGR of 13.6% during the forecast period. The most frequently used greenhouses are buildings with ancillaries and advanced machinery tgenerate the desired crops or by-products. With the proper use of water, fertilisers, chemicals, and other necessary ingredients, a commercial greenhouse can grow fruits, trees, flowers, or bushes. Many covers of various kinds can be used tproduce a greenhouse environment. Commercial greenhouses, for instance, wrap their structures with polyethylene plastic. The ensuing buildings are less expensive and simpler terect than glass.

According tNHB (National Horticulture Board) is the regulatory body in India for greenhouse farming, which is providing a 50.0% subsidy on a project of Rupees 112.0 lakhs maximum ceiling per beneficiary.

Market Dynamics:

Driver:

Higher harvest than traditional techniques

The climate in which crops grow can be more precisely controlled through greenhouse farming. If producers are able tcorrectly control the temperature, irrigation method, relative humidity, and sunlight, they can have a better crop. If they have smuch control over their growth, farmers can keep their crops in good condition and predict how much they will produce. Because they can control the environment, farmers are able tproduce crops of fruits, vegetables, and flowers all year long. Plant genetics can be improved by growing crops in the controlled environment of a greenhouse, leading tthe creation of better cultivars. Moreover, it uses less water than a field does.

Restraint:

The need for accurate technology restraining the market growth

For greenhouse crops tthrive, a specific environmental condition is needed. As a result, it is essential tsustain ideal levels of warmth, humidity, and air quality. They need ideal water and light conditions tthrive. Depending on the stage of growth of each crop, the nutrients given tthe plants should be regularly controlled and gradually increased tthe proper levels. Producing greenhouse crops requires careful monitoring and fertiliser application with precision. This calls for a detailed study of the crop, weather patterns, and the ideal requirements of the crops. Hence, these crops can typically be effectively cultivated by a knowledgeable farmer.

Opportunity:

Technology developments in the commercial greenhouse industry

Artificial intelligence, smart irrigation systems, pH sensors, and temperature control software are a few examples of technological advancements that are significant trends in the commercial greenhouse business. Taddress with issues like disease prevention and insect management, indoor farmers may use technology like artificial intelligence, autonomous irrigation systems, pH sensors, and climate change. For instance, a US-based agriculture company introduced LUNA—an optical scanning system run by inch, a US-based business that continuously gathers imagery in greenhouses and analyses visual data from growth cycles. The software can identify dependable crops and notify farmers of problems as they occur. High-tech greenhouses are alssold by companies like AppHarvest and Kentucky Fresh Harvest, which contributes tthe increase. Hence, it is projected that a rise in technological advancements in the commercial greenhouse sector would lead ta number of chances for market expansion.

Threat:

Lack of temperature control systems tmaintain optimum crop production conditions

Temperature is one of the major environmental factors that affects crop growth, development, yield, and particularly the rate of development. Crops need a certain minimum temperature tcomplete their entire life cycle. Particularly during critical periods like flowering, extremely low or high temperatures can have a detrimental effect on crop development, growth, and output. Commercial greenhouse farming techniques are gaining a lot of attention in urban and semi-urban areas of emerging nations. Due ttheir hot and humid climate, which hinders agricultural growth, tropical regions including the Middle East, sections of Asia-Pacific, and Africa have difficulty controlling their temperatures.

Covid-19 Impact

The worldwide supply system has been severely disrupted by the COVID-19 epidemic, leading tfood shortages and prices. Many greenhouse producers had trouble transferring their inventory out as a result of the supply-chain interruption. So, significant steps must be taken tenhance the food supply chain in order tbe ready for any upcoming crises. The ongoing pandemic has raised awareness of how crucial it is thave remote agricultural operations. The combination of conventional farming practises with cutting-edge technology like artificial intelligence (AI), big data, and intelligent controls is alsexpected tboost market expansion.

The fruits, vegetables & herbs segment is expected tbe the largest during the forecast period

The fruits, vegetables & herbs segment is estimated thave a lucrative growth, as vegetables grow beautifully in greenhouses. Vegetables can be grown all year long without having tworry about the weather, temperature, or other environmental factors changing. When vegetables are grown in greenhouses, the crops are shielded from adverse weather conditions like cold, wind, bugs, drought, scorching heat, and animals trying tdevour them. Due tthe controlling variables present in greenhouses, such as moisture, light, temperature, fertiliser, humidity, and irrigation, growing vegetables there alsenables the creation of the best conditions for the crops.

The commercial growers segment is expected thave the highest CAGR during the forecast period

The commercial growers segment is anticipated twitness the fastest CAGR growth during the forecast period, due tthe advantages it offers, greenhouse farming is becoming more and more popular, which has led ta rise in its use by commercial producers. It helps the producers stay informed about emerging technologies, market trends, pest management methods, and other vital knowledge that makes them successful growers. Also, government agencies are giving growers some financial aid, which is thought taccelerate market expansion.

Region with highest share:

Asia Pacific is projected thold the largest market share during the forecast period owing tthe expanding population and the necessity for alternative high-yield farming methods tprovide food security, the greenhouse market is predicted texperience strong expansion. In addition, because greenhouse farming produces a better yield than traditional farming, several developing countries, including Singapore, Australia, Indonesia, and India, are implementing greenhouse farming practises tstrengthen their agricultural sectors.

Region with highest CAGR:

Europe is projected thave the highest CAGR over the forecast period, owing tGrowing greenhouse farming operations are becoming increasingly common in Europe as a result of the continent's expanding population and declining agricultural land availability. There is an increasing demand for technology-driven agriculture since it may not be possible tgrow enough food tfeed this enormous population using traditional farming methods.

Key players in the market

Some of the key players profiled in the Commercial Greenhouse Market include Sotrafa, Stuppy Greenhouse, Nobutec BV, Saveer Biotech Ltd, Harford, Ludy Greenhouse, Ammerlaan Constructions, Plastika Kritis, Berry Global, Everlight Electronics, Heliospectra AB, Signify Holding, LumiGrow, Europrogress, Argus Controls and Urban-Gro, DeCloet Manufacturing Ltd, The Glasshouse Company, Richel Group, Luiten Greenhouses and Rough Brothers, Inc.

Key Developments:

In December 2019, Richel Group and GreenFood completed the greenhouse for the cultivation of strawberries in Armenia. The production area is about 9 hectares, which helped GreenFood become the biggest greenhouse strawberry producer in the CIS countries.

In December 2019, Argus Controls and Urban-Grrenewed a strategic agreement tprovide automatic and plant-centric solutions for environmental control in greenhouses tcannabis cultivars in North America.

Products Covered:
• Fruits, Vegetables & Herbs
• Flowers & Ornamentals
• Roots & Tubers
• Other Products

Types Covered:
• Glass Greenhouse
• Horticulture Glass
• Plastic
• Other Types

Equipments Covered:
• Hardware
• Software
• Services

Technologies Covered:
• Heating System
• Cooling System
• Other Technologies

Components Covered:
• High-Tech Commercial Greenhouse
• Medium-Tech Commercial Greenhouse
• Low-Tech Greenhouse
• Other Components

End Users Covered:
• Research & Educational Institutes
• Commercial Growers
• Retail Gardens
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements