North America Commercial Greenhouse market is projected to grow at a CAGR of 3.58% between 2018 and 2024. The North American market is further segmented into U.S., Canada, and Mexico. Rising number of greenhouses being built in these countries are leading to the excess supply of greenhouse produce. Mexico dominates the North America Commercial Greenhouse market on account of rising number of low tech greenhouses in the country. U.S. also hold significant market share owing to the presence of high tech greenhouses in the country.
Rising adoption of modern farming techniques
Increasing focus on sustainable farming
Lack of proper management of greenhouse facilities
BrightFarms operates several greenhouses and has recently announced to build additional greenhouses in Massachusetts, California, and New York. Each of these greenhouses will be 280,000 square feet and produce in the range of 2 million pounds of greens per year.
North America Commercial Greenhouse Market has been analyzed through the following segments:
Fruits and Vegetables
Flowers and Ornamentals