Greenhouse produce such as vegetables, fruits grown in controlled environments helps farmers produce crops throughout the year by regulating temperature, light, and other climatic conditions. Using greenhouses benefit farmers in extending the growing seasons, protecting crops from adverse weather, and supporting sustainable cultivation practices.
The global Greenhouse Produce Market is estimated to be valued at US$ 28 billion in 2023 and is expected to exhibit a CAGR of 9.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing practice of sustainable farming to minimize the carbon footprint from agriculture is one of the key trends driving the growth of the greenhouse produce market. Farmers are increasingly adopting energy-efficient greenhouse designs powered by renewable sources like solar energy to produce crops. These controlled environment greenhouse farms use precise climate control techniques like hydroponics and aeroponics that utilize minimum water and fertilizers for cultivation. They produce higher yields with fewer resources compared to traditional open-field farming. The rising focus on sustainable greenhouse farming to address issues like water scarcity and soil degradation is expected to boost the adoption of greenhouses in the coming years.
Segment Analysis
The global Greenhouse Produce Market Share comprises two primary segments- vegetables and fruits. The vegetable segment currently dominates the market accounting for over 60% share. Greenhouse production of vegetables provides stable supply throughout the year and protects crops from extreme weather conditions. With rising demand from food processing industry and urban population, the vegetable segment is expected to continue its dominance during the forecast period.
Key Takeaways
The global greenhouse produce market is expected to witness high growth. Regional analysis comprises
The Western Europe region currently holds the largest share of over 30% in the greenhouse produce market owing to favorable government initiatives and advanced greenhouse technologies adopted by farmers. Countries like Spain, Italy and Netherlands have been leading producers and exporters of greenhouse vegetables & fruits from the region. The Asia Pacific region is anticipated to register fastest growth during 2023-2030 with China and Japan emerging as major markets.
Key players operating in the greenhouse produce market are Sotrafa,,Berry Global,,NETAFIM,,Certhon,,Richel Group SA,,Stuppy Greenhouse,,Logiqs B.V.,,Argus Control Systems Ltd.,,Poly-Tex, Inc.,,The Glasshouse Company,,Luiten Greenhouses BV,,Agra Tech, Inc. Sotrafa and Berry Global are among the leading providers of greenhouse films. Netafim and Certhon are recognized suppliers of irrigation and climate control solutions. Richel Group, Stuppy Greenhouse and Logiqs are prominent greenhouse manufacturers supplying design, construction and aftersales services.
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