by Greenhouses enable farmers to grow a wide variety of fruits and vegetables irrespective of the weather conditions all year round. They help maintain optimal temperature and light conditions required for crop growth. Some of the commonly grown greenhouse produce include tomatoes, cucumbers, peppers, strawberries, and lettuce. The protected cultivation methods helps extend the growing season and increase crop yields.
The global Greenhouse Produce Market is estimated to be valued at US$ 28 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Growing demand for locally grown fresh produce is expected to drive the greenhouse produce market during the forecast period. Consumers are increasingly preferring locally grown fruits and vegetables as they guarantee freshness and are relatively inexpensive compared to imported produce. With greenhouse farming methods, farmers can grow a variety of fruits and vegetables near urban centers all year round to meet the rising demand from local consumers. This eliminates long-distance transportation and helps improve food quality and safety. The growing popularity of the farm-to-table movement is thus fueling the adoption of greenhouse farming practices worldwide.
SWOT Analysis
Strength: Greenhouse produce farming allows year-round production and protection from environmental factors. Farmers can control growing conditions to optimize crop quality and yields.
Weakness: High initial investment costs are required to establish and maintain greenhouse infrastructures. Produce grown in controlled environments may be perceived as less fresh than conventional outdoor crops.
Opportunity: Population growth and changing dietary preferences are raising global demand for fresh produce. Greenhouse techniques can enable farmers to diversify crop varieties and meet new market needs.
Threats: Rising energy costs can squeeze profits for greenhouse operations that rely on heating and cooling technologies. Climate change may bring more extreme weather events that disrupt conventional farming while benefiting controlled-environment agriculture.
Key Takeaways
The Global Greenhouse Produce Market Size is expected to witness high growth over the forecast period 2023 to 2030. Regional analysis comprises:
Regional Analysis: Europe currently dominates the global greenhouse produce market, supported by advanced greenhouse farming technologies and expertise in countries like the Netherlands, Spain, Italy and France. Asia Pacific is expected to be the fastest growing regional market, led by India, China and Southeast Asian nations seeking to boost agricultural yields through protected cultivation.
Key players operating in the greenhouse produce market are Fabory, Fastenal Company, Würth Industrie Service GmbH & Co. KG, REYHER, KELLER & KALMBACH GmbH, AB STEEL, Brunner Manufacturing Co., Inc. KD FASTENERS, INC., ckford Fastener, Inc., AMARDEEP STEEL, Viha Steel & Forging. These companies are focusing on developing innovative greenhouse coverings, climate control systems, irrigation solutions and automation technologies to improve crop yields and farm efficiencies.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
