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Showing posts with the label Greenhouse Market

Greenhouse Market 2030: Exploring the Economic Impact of Greenhouse Farming

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Report Overview The global greenhouse market size was valued at USD 25,481.1 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030. The major factors attributed to the growth are rapid urbanization accelerating the adoption of modern farming techniques and the rising population leading to the increasing demand for food. In addition, the aspects such as the decline in arable land worldwide causing a shift towards indoor agricultural practices including greenhouses, and government interventions such as export subsidies, tariffs or import levies, and direct payments to growers, among others further bolstering the growth of the market. Gather more insights about the market drivers, restrains and growth of the Global Greenhouse market Detailed Segmentation: Type Insights Based on type, the market is bifurcated into glass and plastic. The plastic greenhouse segment is further classified into polyethylene, polycarbonate, ...

Greenhouse Market 2030: The Impact of Urbanization on Agricultural Practices

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Greenhouse Market Growth & Trends The global  greenhouse market  size is anticipated to reach USD 53.51 billion by 2030, registering a CAGR of 9.9% over the forecast period, according to a new report by Grand View Research, Inc. The rise in food consumption is related to the development of contemporary agricultural practices such as greenhouse farming. According to the Food and Agriculture Organization (FAO) of the United Nations, 70% of food production must increase by 2050 to meet world food demand. Consequently, rising population and urbanization, along with a lack of arable land, are driving the use of alternative agricultural practices such as greenhouse farming. Greenhouse farming has enormous potential to assist satisfy the growing population demands witnessed in several nations such as China and India. Indoor farming techniques including vertical farming and greenhouse farming have several advantages over traditional agricultural methods, including...