North America Greenhouse Produce Market - Forecast (2021 - 2026)

North America Greenhouse Produce Market Overview

North America Greenhouse Produce Market size is estimated to reach $3,739 million by 2026, growing at a CAGR of 11.8% over 2021-2026. Greenhouse farming is the method of growing fruits, vegetables and other produce in a controlled environment such as a greenhouse. Cultivation in greenhouses has allowed farmers to improve their productivity while also improving the quality of their products by isolating them in micro-ecosystems with ideal conditions for plants to grow well. Higher yields compared to conventional agricultural techniques along the population explosion contributes to increased demand of fruits and vegetables. Unfavorable weather condition, shortage of agricultural land and water are the main drivers for commercial greenhouses. Growing demand for high quality food and shortage of land in agriculture industry is the major factor driving the growth of this market. Furthermore, greenhouse provide higher yield than traditional methods is set to further enhance the overall market demand for North America Greenhouse Produce Market for the period 2021-2026. 
 

North America Greenhouse Produce Market Report Coverage

The report: “North America Greenhouse Produce Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the North America Greenhouse Produce Market.
By Greenhouse Type: Glass Greenhouse, and Plastic Greenhouse
By Crop Type: Vegetable, Fruits, Flowers, Herbs, and Others
By Production Type: In-ground Soil Culture, Container Culture, Tissue Culture, Transplant Production, hydroponics, and Others 
By Distribution Channel: Supermarkets/Hypermarkets, Farm Communities, Food Processing Companies, Organic Stores, and Others
By Technology: Lighting, Irrigation/Automated Drip Irrigation, Sensors, Climate Controls, Others
By Cultivation Area: Less than 5 Acres, 5 Acres to 10 Acres, and Above 10 Acres
By Geography: North America (U.S., Canada, Mexico).

Key Takeaways

  • Geographically, in 2020, North America dominated the Greenhouse Produce Market owing to increasing demand from consumers for a wide variety of year-round produce.
  • Growing demand for high quality food and shortage of land in agriculture industry are likely to aid in the market growth of the North America Greenhouse Produce.  
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the North America Greenhouse Produce Market report.   
  • High initial cost and requirement of precision technology for controlled growth environment is set to create hurdles for the North America Greenhouse Produce Market.   

North America Greenhouse Produce Market Segment Analysis – By Crop Type

The global North America Greenhouse Produce Market based on Crop type can be further segmented into Vegetable, Fruits, Flowers, Herbs, and Others. The Vegetable segment is the major segment generating revenue in 2020. The citrus greenhouse are designed to provide a safe environment with a tropical growing environment where fruit nurtures during the cold winters that increasing the growth of this segment. The Vegetable segment is estimated to register the fastest CAGR of 12.3% for the period 2021-2026. This is mainly owing to the benefits of growing vegetables in greenhouse such as growing off season crops, providing suitable climate for crops, obtaining export quality vegetables, protection and control against extreme weathers and pests, diseases are some of the factors driving the market growth.


North America Greenhouse Produce Market Segment Analysis – By Production Type

The global North America Greenhouse Produce Market based on End-Use Industry can be further segmented into In-ground Soil Culture, Container Culture, Tissue Culture, Transplant Production, Hydroponics, and Others. The Container Culture segment registers for the highest North America Greenhouse Produce market share in 2020. Container culture have good nutrient and water holding characteristics that provide good aeration to the root system and helps to reduce pathogenic organisms and substances that are toxic to plants that increases the demand of container culture and are rising the market growth. The In-ground Soil Culture segment is estimated to register the fastest CAGR of 11.7% over 2021-2026. In-ground soil culture preferred treatment with steam as it is faster, very effective and safe that helps to kill pathogens that increases the demand of in-ground soil culture and are rising the growth of this market. 
           

North America Greenhouse Produce Market Segment Analysis – By Geography

North America dominated the Greenhouse Produce Market in 2020. This is owing to increasing demand from consumers for a wide variety of year-round produce. According to the United States Department of Agriculture (USDA), the number of farms in the United States for 2019 is estimated at 2,023,400, down 5,800 farms from 2018 that increases the growth of this market.

North America Greenhouse Produce Market Drivers

Growing Demand for High Quality Food 

The demand for high quality food product is increasing as greenhouse production produce high quality food product all year around with efficient use of fertilizer, water, chemical and labor are increasing the growth of the North America Greenhouse Produce Market. Increasing population rapidly leads to rise in food demand. According to the United States population division, global population has increased nearly fourfold in the past 100 years, and it is projected to reach 9.2 billion by 2050. And every day around 7.7 billion people around the world eat and consume 14.5 million tons of food. 


Shortage of Land in Agriculture Industry

Shortage of land for agriculture leads to decrease in productivity of crops and that impact on disturbance in food supply chain that increases the growth of this Market. Shrinkage of land and greenhouse emission is aiding to the threat called global warming. According to Government of Canada, 10% of Canada's greenhouse gas emissions are from crop and livestock production, excluding emissions from the use of fossil fuels or from fertilizer production and are increasing the growth of North America Greenhouse Produce Market over 2021-2026.  

Covid-19 Impact: 

COVID-19 pandemic had greatly affected the North America Greenhouse Produce Market. During pandemic, Companies in agriculture Industry should revisit their sourcing strategies, rationalize their product ranges, and assess the resilience and agility of the supply chains as well as route -to- market channels and are negatively impacted the growth of this market.


North America Greenhouse Produce Market Challenges

High Initial Cost and Requirement of Precision Technology for Controlled Growth Environment

The factors that is set to impede the growth of the North America Greenhouse Produce Market are the high cost of investment for greenhouse. Moreover, high skills are require such as a good knowledge of the crop is set to create hurdles for the North America Greenhouse Produce Market.  

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