At what pace is the food crops grown under cover market growing, and what is its estimated value?
The food crops grown under cover market size has grown rapidly in recent years. It will grow from $64.28 billion in 2024 to $71.74 billion in 2025 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to extended growing seasons, protection from pests and diseases, climate control, water conservation, urban agriculture, and crop diversification.
The food crops grown under cover market size is expected to see rapid growth in the next few years. It will grow to $113.04 billion in 2029 at a compound annual growth rate (CAGR) of 12.0%. 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, and controlled environment agriculture.
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What are the top drivers to the rising demand in the food crops grown under cover market?
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 May 2023, according to the Organic Trade Association, a US-based trade organization, in 2022, organic food sales in the United States exceeded $60 billion for the first time, marking another significant achievement for the thriving organic sector. Overall, total organic sales, which encompass both food and non-food products, reached a record high of $67.6 billion. Additionally, Sales of organic baby food and formula have increased nearly 13 percent, reaching $1.4 billion. Additionally, organic rice, grains, and potato products saw a rise of more than 10 percent, totaling $387 million. Organic dip sales also experienced a significant boost, climbing 18 percent to $194 million. Therefore, increasing demand for organic food is propelling the growth of the food crops grown under cover market.
How is the food crops grown under cover market segmented?
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
Subsegments:
1) By Hardware: Greenhouses, Growth Chambers, Hydroponic Systems, Aquaponic Systems, LED Grow Lights
2) By Software: Farm Management Software, Climate Control Software, Nutrient Management Software, Monitoring Software, Data Analytics Software
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Who are the top competitors in the food crops grown under cover market?
Major companies operating in the food crops grown under cover market include 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.
What are the top industry trends projected to impact the food crops grown under cover market?
Major companies operating in the food crops grown under cover market are developing innovative solutions to enhance crop yields, optimize resource use, and improve sustainability in controlled environments, such as greenhouses and indoor farming systems. Innovative solutions refer to novel and creative methods, technologies, or strategies designed to effectively address specific challenges or problems. For instance, in September 2024, Urban Crop Solutions Belgium-based agriculture company and Inagro, Belgium-based agriculture company, launched the first of three vertical farming towers. Vertical farming towers are designed to maximize space utilization and increase production efficiency by allowing multiple layers of crops to grow in a compact footprint. These towers utilize advanced hydroponic and aeroponic systems, which minimize water usage and eliminate the need for soil, resulting in healthier plants and faster growth cycles. By integrating smart technology, such as automated monitoring and climate control, Urban Crop Solutions and Inagro aim to optimize growing conditions, reduce labor costs, and enhance overall sustainability in urban agriculture. This initiative represents a significant step forward in meeting the rising demand for fresh produce in urban areas while addressing environmental concerns associated with traditional farming methods.
Which geographic trends are shaping the food crops grown under cover market, and which region has the highest market share?
North America was the largest region in the food crops grown under cover market in 2024. 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
What Does The Food Crops Grown Under Cover Market Report 2025 Offer?
The food crops grown under cover market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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.
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