Commercial Greenhouse Market Size, Share, Key Players Analysis Report and Forecast 2020-2025
According to the latest report by IMARC Group, titled “Commercial Greenhouse Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global commercial greenhouse market size reached US$ 25.7 Billion in 2019. Commercial greenhouses are high-tech structures that are used to grow plants, particularly fruits, flowers and vegetables, in large volumes for consumers in a highly controlled environment. These structures can efficiently control various environmental factors, including humidity, temperature, ventilation, irrigation, light exposure and fertilization, to foster the cultivation of plants. They make use of transparent glass and plastic materials for the construction of the roof and walls to enable sunlight to pass through for the process of photosynthesis. Commercial greenhouses are also able to transmit visible and near-visible ultraviolet (UV) and infrared radiation (IR), which are essential for plant growth. They are extensively employed for greenhouse water systems and efficient heating systems to improve energy conservation.
Request for a free sample copy of this report: https://www.imarcgroup.com/commercial-greenhouse-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
The competitive landscape of the market has been analyzed in the report with the detailed profiles of the key players operating in the market. Some of these players include RICHEL Group, Certhon Build B.V., Argus Control Systems Limited., LOGIQS B.V., LumiGrow, Inc., Keder Greenhouse, Agra Tech, Inc., Hort Americas, Heliospectra AB.
Global Commercial Greenhouse Market Trends:
The global market is primarily driven by the higher crop yield rate associated with the utilization of commercial greenhouses. Unlike traditional farming techniques, these greenhouses ensure the efficient growth of plants despite climatic and topographical challenges. Consequently, there has been a significant increase in the adoption of these structures. Apart from this, the growing global population has led to an ever-increasing demand for food. The shortage of cultivable land has further contributed to this deficit. Consequently, market players are establishing greenhouses in an effort to curb the shortage. Consumers have also impelled the demand for locally-sourced fresh fruits and vegetables throughout the year, which has provided a thrust to the market growth. This is further facilitated by shifting lifestyle patterns, inflating disposable income levels and growing preference for fresh and organic food products. Furthermore, governments of numerous countries are also promoting the utilization of commercial greenhouse, which is creating a positive outlook for the market. For instance, the Government of Canada is funding and granting loans for greenhouse growers to support the expansion of the market. These grants are further utilized in conducting research and development (R&D) activities and to train employees regarding the usage of innovative growing systems. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 40.0 Billion by 2025, growing at a CAGR of 8.1% during the forecast period (2020-2025).
Buy full report with table of contents: https://www.imarcgroup.com/commercial-greenhouse-market
Key Market Segmentation:
Market Breakup by Type
1. Free-standing Greenhouses
2. Gutter-connected Greenhouses
On the basis of the type, the market has been bifurcated into free-standing and gutter-connected greenhouses.
Market Breakup by Material Used:
1. Glass Green House
2. Plastic Green House
Based on the material used, the market has been divided into glass greenhouse (horticulture glass and other greenhouse glass) and plastic greenhouse (polyethylene, polycarbonate and polymethyl methacrylate [PMMA]).
Market Breakup by Technology
1. Heating System
2. Cooling System
On the basis of technology, the market has been classified into heating systems, cooling systems and others.
Market Breakup by Crop
1. Fruits and Vegetables
2. Flowers and Ornamentals
3. Nursery Crops
Based on the crop, the market has been categorized into fruits and vegetables, flowers and ornamentals, nursery crops, and others.
Market Breakup by Region
1. North America
3. Asia- Pacific
4. Latin America
5. Middle East and Africa
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
Note- If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Follow us on twitter: @imarcglobal
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
This release was published on openPR.
Originally Published on : https://www.openpr.com/news/2170563/commercial-greenhouse-market-size-share-key-players-analysis
Contact/WhatsAPP: +91 7827887720 EMAIL: [email protected]
Disclaimer: The perspectives communicated in the article/news/press release above are those of the writers’ and don’t really speak to or mirror the perspectives of this website or its personnel. Except if in any case noticed, the writer is writing in his/her own ability. They are not expected and ought not to be thought to speak to legitimate thoughts, perspectives, or strategies of any individual, Institution, organization or foundation.