High-end Greenhouse Market Revenue to Attain USD 3.79 Bn by 2033

07 Oct 2024

Share :

Table of Content

1. High-end Greenhouse Market Revenue and Trends 2. Market Overview 3. Report Highlights of the High-end Greenhouse Market 4. High-end Greenhouse Market Trends 5. Regional Insights 6. High-end Greenhouse Market Highlights 7. High-end Greenhouse Market News

High-end Greenhouse Market Revenue and Trends

The global high-end greenhouse market revenue surpassed USD 1.82 billion in 2023 and is predicted to attain around USD 3.79 billion by 2033, expanding at a CAGR of 7.62% during the forecast period. The demand for agricultural products, residential, and commercial applications. The high-end greenhouse has several benefits including an increase in production, growing own food, eco-friendly gardening, growing pesticide-free crops, etc.

Market Overview

The high-end greenhouse market refers to buyers and sellers of the high-end greenhouse, a special structure designed to regulate the humidity and temperature of the environment inside. The uses and benefits of high-end greenhouses include being good for gardeners to produce healthy foods, investment in the greenhouse can help to save money, the controlled growing environment can accelerate the growth of the plants, garden storage, overwintering chickens, growing many varieties of flowers over longer periods, in production of fruit trees outside the norm, for growing a winter garden, growing exotic plants, etc.

Report Highlights of the High-end Greenhouse Market

• The vegetable segment, by crop type, dominated the market in 2023. Greenhouses are better for growing vegetables. In addition, it provides control over ventilation, temperature, and humidity, which gives vegetables a suitable environment that enables them to grow in any season and provides better nutritional value.
• By vegetable, the tomatoes segment dominated the market in 2023. The benefits of a greenhouse for tomatoes include pest reduction and season extension, enabling the growing of tomatoes even through winter and throughout changing seasons. High-end greenhouses provide constant temperatures to keep tomato plants out of the rain.
• The commercial segment, by application, dominated the high-end greenhouse market in 2023. Other than the environmental advantages, commercial greenhouses offer a compelling case for market access and economic viability. Commercial greenhouses are particularly used for growing agricultural products like flowers, vegetables, fruits, and fish in aquaculture.

High-end Greenhouse Market Trends

Advanced technologies

• The advanced technologies used in smart greenhouses take efficiency and control to the next level through innovative technologies such as intelligent monitoring, LED lighting, hydroponics, and automation systems. By allowing year-round growing conditions, smart greenhouses can achieve higher yields than traditional farming.

Rising agricultural products demand

• The high-end greenhouse offers many benefits for agricultural products, including more consistent and higher crop yields than traditional agriculture, less waste than conventional agriculture, minimum land usage, effective water usage, elimination of external danger to crops, increased production, etc., and driving the market growth.

Efficient facilities:

• The efficient facilities of the high-end greenhouse include tip-top shade-shape systems, light fixtures, cleanliness, managing airflow, etc. The greenhouse systems are managed by automatic control systems that are activated by sensors to control humidity, temperature, and other shading elements.

Regional Insights

Asia Pacific dominated the high-end greenhouse market in 2023. An increasing number of advanced technologies, including climate control, automation, and LED lighting systems, are used to enhance crop yield and quality across Asia Pacific. Asia Pacific is now at the top for the larger number of high-tech greenhouses that support the expansion of the market. The rising number of greenhouse technologies is anticipated to the market flow. The increasing use of advanced technologies like LED lighting, climate, and automation control systems leads to the enhancement of crop quality in the Asia Pacific.

High-end Greenhouse Market Highlights

High-end Greenhouse Market News

• In March 2024, the launch of the CEAg World, the innovative and new multi-media global business, “Advancing Food Under Cover” was announced by Meister Media Worldwide, publisher of Greenhouse Grower. This global brand represents and unifies all the emerging industry segments of crops grown in controlled conditions, including container farms, vertical farms, operations using netting or shading, high tunnels, hoop houses, greenhouses, and more.
• In July 2024, a new research high-tech greenhouse at Brightlands Campus Greenport Venlo for scientific research and development was built by Maastricht University. The research on the horticulture and agriculture of the future was conducted in this high-tech greenhouse, from novel cultivation techniques and the development of plants to the improvement of healthy nutrients in crops.
• In September 2024, a new trial collaboration with Koidra, active in AI-powered automation for greenhouse or controlled environment agriculture, was launched by Nature Fresh Farms, which is one of the largest greenhouse growers in North America. This partnership aims to improve greenhouse operations and increase productivity by integration of advanced technologies.

Market Segmentation

By Crop Type

• Fruits
• Vegetables
• Floriculture
• Others

By Vegetable

• Cucumbers
• Peppers
• Tomatoes
• Others

By Application

• Residential
• Commercial

Get this report to explore global market size, share, CAGR and trends, featuring detailed segmental analysis and an insightful competitive landscape overview@ https://www.precedenceresearch.com/checkout/5094

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 804 441 9344