North America Commercial Greenhouse Market Size By Greenhouse Type (Plastic Greenhouses, Glass Greenhouses), By Equipment (Heating Systems, Cooling Systems), By Crop Type (Fruits & Vegetables, Nursery Crops), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
North America Commercial Greenhouse Market Size By Greenhouse Type (Plastic Greenhouses, Glass Greenhouses), By Equipment (Heating Systems, Cooling Systems), By Crop Type (Fruits & Vegetables, Nursery Crops), By Geographic Scope And Forecast
North America Commercial Greenhouse Market Size And Forecast
North America Commercial Greenhouse Market size was valued at USD 5.885 Billion in 2024 and is projected to reach USD 11.385 Billion by 2031, growing at a CAGR of 8.89% from 2024 to 2031.
The commercial greenhouse market in North America has been witnessing significant growth due to various factors, including increasing demand for locally grown produce, a desire for year-round crop production, and the need for efficient and sustainable farming practices. The North America report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
North America Commercial Greenhouse Market Executive Summary
The North American greenhouse scene? It's really booming, a hotbed for new ideas in farming, growing things sustainably, and making a real economic impact. Think of all kinds of greenhouses, all designed to carefully control how crops grow. They're super important for making sure we have fresh fruits and veggies all year round, cutting down on environmental harm, and keeping up with everyone's appetite for good food. What's really cool is how much these greenhouses focus on being sustainable. They're using high-tech tools and methods to be super efficient with resources. We're talking energy-saving heating and cooling, recycling water, and using super-precise farming techniques. This dedication to sustainability? It's all part of a bigger push to shrink our carbon footprint and farm in a way that's gentler on the planet. That's something to be proud of!
Regarding infrastructure, North America boasts a broad spectrum of greenhouse designs catering to various crops and climates. From high-tech hydroponic greenhouses in urban centers to expansive traditional structures in rural areas, the industry is marked by versatility. This adaptability is essential in addressing the diverse agricultural needs across the continent, where climates can range from the frigid temperatures of northern Canada to the more temperate regions in the United States. The commercial greenhouse sector significantly contributes to the regional economy, providing employment opportunities and supporting local communities.
Beyond the economic impact, greenhouses contribute to food security by enabling the production of fruits, vegetables, and ornamental plants throughout the year, reducing dependence on seasonal and often distant sources. In recent years, technological advancements have further propelled the industry forward. Automated systems, sensor technologies, and data analytics are integrated into greenhouse operations, optimizing crop management, resource utilization, and overall efficiency. This infusion of technology enhances productivity and attracts a new generation of tech-savvy individuals to the field of agriculture.
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North America Commercial Greenhouse Market Outlook
The commercial greenhouse scene in North America has really been booming, and it's not hard to see why. People are craving produce grown closer to home, and they want it all year round! This hunger for fresh, locally sourced fruits and veggies is a huge driver of the North America Commercial Greenhouse Market. Greenhouses let farmers grow crops 365 days a year, which cuts down on those long, fuel-guzzling trips. Plus, everyone's thinking about sustainability these days. We're seeing more and more greenhouse operations using technologies and methods that save water, boost energy efficiency, and cut down on harmful chemicals. Don't forget the thriving horticulture and floriculture industries in the U.S., Canada, and Mexico – they're all helping to fuel this market growth too.
Okay, so in the U.S., horticulture is a pretty big deal! Back in 2020, there were 20,655 operations dedicated to growing things, bringing in about USD 13.8 billion from flowers, nursery plants, and other specialty crops. Turns out, about 10 states are really driving this market, making up 66% of the sales. California leads the way with USD 2.6 billion, followed by Florida at USD 1.9 billion, and Oregon with USD 1 billion. When you think about floriculture, it's not just bouquets – it's a massive, global industry. We're talking about bedding plants, foliage, potted flowers, cut flowers, and all sorts of related materials. The U.S. Bureau of Economic Analysis says Americans spent a whopping USD 35 billion on flowers in 2018 at roughly 43,200 places like supermarkets, florists, and big stores. Supermarkets sold nearly 48% of the flowers, while florists handled roughly 35% of the market, according to U.S.
In 2019, grocery stores saw some sweet blooms in their floral departments! The PMA reported that the average store raked in about $225,000 just from flowers. And things were definitely blooming upwards, with sales growing by a healthy 5.6% compared to the year before. Customers were spending around $12.55 per floral purchase, and these displays usually took up about 580 square feet of store space. Typically, the flowers brought in about 1.5% of the store's total sales. But, starting a commercial greenhouse isn't all roses. You're looking at a pretty big initial investment to get the right setup, tech, and knowledgeable people. Plus, you gotta stay on top of all those local and federal rules, especially the ones about being kind to the environment, which can be a real headache for greenhouse owners.
North America Commercial Greenhouse Market Segmentation Analysis
The North America Commercial Greenhouse Market is Segmented on the basis of Greenhouse Type, Equipment, Crop Type, and Geography.
North America Commercial Greenhouse Market, By Greenhouse Type
Plastic Greenhouses
Glass Greenhouses
To Get a Summarized Market Report By Greenhouse Type-
Based on Greenhouse Type, the market is segmented into Plastic Greenhouses and Glass Greenhouses. Plastic Greenhouses accounted for the largest market share and are projected to grow at the highest CAGR during the forecast period. Glass Greenhouses were the second-largest market in 2022, and are projected to grow at a significant CAGR.
North America Commercial Greenhouse Market, By Equipment
Heating Systems
Cooling Systems
Others
To Get a Summarized Market Report By Equipment-
Based on Equipment, the market is segmented into Heating Systems, Cooling Systems, and Others. Heating Systems accounted for the largest market share in 2022 and are projected to grow at a considerable CAGR during the forecast period. Cooling Systems was the second-largest market in 2022, and is projected to grow at a significant CAGR. The Others segment is expected to grow at the highest CAGR over the forecast period.
North America Commercial Greenhouse Market, By Crop Type
Fruits & Vegetables
Nursery Crops
Flowers & Ornamentals
Other Crop Types
Based on Crop Type, the market is segmented into Fruits & Vegetables, Nursery Crops, Flowers & Ornamentals, and Other Crop Types. Fruits & Vegetables accounted for the largest market share in 2022 and is projected to grow at the highest CAGR during the forecast period. Nursery Crops was the second-largest market in 2022, and it is projected to grow at a significant CAGR. Flowers & Ornamentals was the third-largest market in 2022, and it is projected to grow at a significant CAGR.
North America Commercial Greenhouse Market, By Geography
U.S.
Canada
Mexico
On the basis of Regional analysis, the North America Commercial Greenhouse Market is classified into U.S., Canada, and Mexico. The US accounted for the largest market share in 2022 and is projected to grow at the highest CAGR during the forecast period. Canada was the second-largest market in 2022, and it is projected to grow at a significant CAGR.
Key Players
The “North America Commercial Greenhouse Market” study report will provide valuable insight with an emphasis on the North American market including some of the major players such as Richel Group, Argus Control Systems Ltd, Certhon, Logiqs B.V, Lumigrow, Inc, Agra Tech, Inc, Rough Brothers, Inc, Nexus Corporation, Hort Americas, LLC, and Heliospectra AB.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Richel Group, Argus Control Systems Ltd, Certhon, Logiqs B.V, Lumigrow, Inc, Agra Tech, Inc, Rough Brothers, Inc, Nexus Corporation, Hort Americas, LLC, and Heliospectra AB.
SEGMENTS COVERED
By Greenhouse Type, By Equipment, By Crop Type, and By Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
For a single, multi and corporate client license, the report will be available in PDF format.
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Sample Report for North America Commercial Greenhouse Market Size By Greenhouse Type (Plastic Greenhouses, Glass Greenhouses), By Equipment (Heating Systems, Cooling Systems), By Crop Type (Fruits & Vegetables, Nursery Crops), By Geographic Scope And Forecast