High End Greenhouse Market Size and Trends

High End Greenhouse Market, By Covering Material (Plastic, Glass, and Others), By Product Type (Tomatoes Greenhouse, Cucumber Greenhouse, Eggplants Greenhouse, Peppers Greenhouse, and Others), By Component Type (HVAC Systems, Control Systems & Sensors, Valves & Pumps, Irrigation System, Material Handling, LED Grow Lights, and Others), By Application (Residential and Commercial), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2023

Code : CMI4573

Pages :110

Formats :

Excel and PDF

Industry : Agrochemicals

High End Greenhouse MarketSize and Trends

The global high end greenhouse market is estimated to surpass US$ 3,025.1 million by the end of 2030 in terms of revenue, exhibiting a CAGR of 5.2% during the forecast period (2023 to 2030). High end greenhouses are greenhouses that are installed with devices to control temperature, moisture, humidity, and other environmental parameters. These devices help greenhouses to grow crops faster, more sustainably, and in almost every external condition. High-end greenhouses frequently provide ideal plant development conditions while maximizing energy efficiency. To maintain constant temperatures and humidity levels, they may include features such as insulated glass, energy-efficient heating and cooling systems, and improved ventilation systems. Furthermore, high-end greenhouses may feature innovative technologies including remote monitoring and control systems, which allow growers to remotely monitor and change greenhouse conditions. These characteristics promote optimal plant development, boost production, and decrease labor needs. High-end greenhouses are ideal for commercial-scale plant production, research facilities, and other applications where precise control over environmental factors is critical for optimal plant growth and productivity due to the use of high-quality materials, advanced technology, and precision control systems.

Market Trends

The increasing demand for organic and localized agricultural products

The increasing demand for organic and localized agricultural products is expected to drive the demand for high end greenhouses. Locally produced vegetables and fruits spend the least time period between harvest and consumption, and this substantially keeps the nutritional value of the product intact. Furthermore, locally produced food also reduces the transportation cost, product cost, and also supports the local economy. According to data from the World Association of Chefs Society, locally produced organic products also tend to taste better than products imported from other regions. For instance, according to U.S. Department Of Agriculture, National Agricultural Statistics Service surveys (2011 and 2021): Certified organic cropland acres increased by 79 percent (to 3.6 million acres), pastureland/rangeland decreased by 22 percent (to 1.3 million acres), and certified operations increased by more than 90 percent (to 17,445 farms) over the 2011–21 period.