Global Greenhouse Produce Market Growth Accelerated by Rising Demand for Organic Food
Global Greenhouse Produce Market Growth Accelerated by Rising Demand for Organic Food
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.

 

Greenhouse produce includes vegetables, fruits and flowers which are cultivated in a greenhouse under controlled atmospheric conditions. Greenhouse produce provides fresher and tastier products to consumers all year round and protects crops from harsh weather conditions like hail, storms and frost. It also allows farmers to grow crops that require warmer climatic conditions and helps cultivate crops with higher yield per unit area compared to open field farming.

Market key trends:

The increasing demand for organic and chemical free food has accelerated the adoption of greenhouse farming techniques across major markets. As greenhouse cultivation allows year-long production of crops in a controlled environment without the use of pesticides and chemicals, it has emerged as a viable method for organic food production. Various farmers have started utilizing greenhouse farms to cultivate organic vegetables, fruits and flowers to cater to the rising health-conscious consumer base looking for safer food alternatives. The tech-driven automation of key farming operations inside greenhouse facilities has also supported large scale organic food production.

Segment Analysis

The global greenhouse produce market is segmented on the basis of type and crop type. Based on type, the market is bifurcated into plastic and glass. The plastic segment currently dominates the market and is expected to continue its dominance during the forecast period. Plastic greenhouses offer advantages such as lower cost and durability compared to glass structures.

Key Takeaways

The Global Greenhouse Produce Market Size is expected to witness high growth. 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.

Regional analysis related content comprises The Asia Pacific region is expected to be the fastest growing market for greenhouse produce during the forecast period. Countries like China, India, and Japan are dominating the APAC greenhouse produce market due to increasing adoption of modern greenhouse cultivation practices and rising population.

Key players related content comprises 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.

Explore more information on this topic, Please visit - 

 

https://www.insightprobing.com/greenhouse-produce-market-size-and-trends-analysis/ 

Explore more trending article related this topic - 

https://www.ukwebwire.com/vertical-farming-market-future-prospects-and-forecast-analysis/ 

disclaimer

What's your reaction?

Comments

https://timessquarereporter.com/public/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!

Facebook Conversations