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(IT-NEWSWIRE.COM, July 21, 2024 ) Europe is expected to dominate the market by 2030. Key countries include the Netherlands, Spain, Turkey, and Scandinavian countries. Europe has been a leader in adopting greenhouse horticulture, and controlled environment agriculture is crucial in colder climates. North America’s key players include the United States, Canada, and Mexico. Asia Pacific includes China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the rest of APAC. Middle East and Africa includes South Africa, GCC countries, Egypt, Nigeria, and the rest of ME&A. South America includes Brazil, Argentina, and the rest of South America.
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Greenhouse farming provides higher yields with less water and space compared to traditional farming. For example, greenhouse hydroponic tomato yields average 10.59 pounds per square foot, whereas conventionally produced tomato yields are 1.85 pounds per square foot. The Food and Agriculture Organization (FAO) estimates that food production must rise by 70% by 2050 to meet global needs. Greenhouse farming uses about 95% less water than outdoor farming to produce the same amount of crops.
Commercial Greenhouse Market Segmentation
By Crop Type:
Fruits
Vegetables
Flowers & ornamentals
Nursery crops
Others
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By Type:
Glass greenhouse
Plastic greenhouse
By Equipment:
Cooling systems
Heating systems
Others
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Key Players of Commercial Greenhouse Market include:
Berry Global (US)
Signify Holding (Netherlands)
Heliospectra AB (Sweden)
Plastika Kritis (Greece)
Everlight Electronics (Taiwan)
Richel Group (France)
Argus Control Systems (Canada)
Maximize Market Research is leading Biotechnology research firm, has also published the following reports:
Smart Greenhouse Market was valued at US$ 2.10 Bn. in 2023. The Global Smart Greenhouse Market size is estimated to grow at a CAGR of 9.4% over the forecast period.
EV Onboard Battery Charger Market size was valued at USD 4.4 Bn in 2023 and is expected to reach USD 13.44 Bn by 2030, at a CAGR of 17.3%.
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Source: EmailWire.Com 
Source: EmailWire.com
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