Food Crops Grown Under Cover Market Outlook Through 2024-2033

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Overview and Scope

Food crops grown under cover refers to the food crops that are produced or grown under glass or any protective cover. Crop rotation, no-till, and organic farming all significantly support this technique.

Sizing and Forecast

The food crops grown under cover market size has grown rapidly in recent years. It will grow from $57.36 billion in 2023 to $64.28 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to extended growing seasons, protection from pests and diseases, climate control, water conservation, urban agriculture, crop diversification..

The food crops grown under cover market size is expected to see rapidly grown in the next few years. It will grow to $100.15 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to global population growth, climate change mitigation, vertical farming expansion, organic and sustainable farming, consumer preference for local produce, efficient resource use.. Major trends in the forecast period include advanced automation and robotics, innovations in crop protection, led lighting for crop growth, integration of iot and data analytics, diversification of covering materials, controlled environment agriculture..

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Segmentation & Regional Insights

The food crops grown under cover market covered in this report is segmented –

1) By Component: Hardware, Software

2) By Crop Type: Fruits And Vegetables, Herbs And Microgreens, Flowers And Ornamentals, Other Crop Types

3) By Component: Hardware, Software2) By Growing System: Hydroponics, Aeroponics, Aquaponics, Soil-Based, Hybrid

4) By Facility Type: Glass Or Poly Greenhouses, Indoor Vertical Farms, Container Farms, Indoor Deep-Water Culture Systems, Other Facility Types

North America was the largest region in the food crops grown under cover market in 2023. Asia-Pacific is expected to be the fastest-growing region in the food crops grown under cover market report during the forecast period. The regions covered in the food crops grown under cover market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

Increasing demand for organic food is expected to propel the growth of the food crops grown under the cover market going forward. Organic foods are grown and processed without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs), which can be harmful to both human health and the environment. The demand for organic food has been increasing in recent years as more and more people become aware of the benefits of consuming organic products For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, sales of organic fruits and vegetables increased by 4.5% with revenue of $21 billion representing 15 percent of the total product market in the year 2021 in the US. Therefore, increasing demand for organic food is propelling the growth of the food crops grown under cover market.

Key Industry Players

Major companies operating in the food crops grown under cover market report are Argus Control Systems Ltd., LumiGrow Inc., Netafim Ltd., Richel Group, General Hydroponics, Crop One Holdings Inc., Metropolis Farms Inc., Bright Farms Inc., Bowery Farming Inc., Certhon Group, Vertical Farm Systems, Hydrodynamics International, Illumitex Inc., Garden Fresh Farms, Green Sense Farms LLC, Sky Greens Pte Ltd., AeroFarms Inc., Plenty Unlimited Inc., Gotham Greens LLC, AppHarvest Inc., Kalera Inc., Revol Greens LLC, Eden Green Technologies Pvt. Ltd., Infinite Harvest Inc., Fifth Season Gardening Company, Little Leaf Farms LLC, FreshBox Farms Inc., Local Roots Farms Inc., Bright Agrotech LLC, Urban Crop Solutions, Green Spirit Farms LLC, Modular Farms Co, PLENTY Canada Inc., Square Roots (Electric) Inc., Vertical Harvest Jackson Hole LLC, ZipGrow Inc. .

The food crops grown under cover market report table of contents includes: