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Home › Industry Metrics › NAICS 11141

NAICS 11141 - Food Crops Grown Under Cover

NAICS 11141 - FOOD CROPS GROWN UNDER COVER
NAICS 11141 Food Crops Grown Under Cover NAICS 11142 Nursery and Floriculture Production
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This industry comprises establishments primarily engaged in growing food crops (e.g., fruits, melons, tomatoes) under glass or protective cover.

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This industry comprises establishments primarily engaged in growing food crops (e.g., fruits, melons, tomatoes) under glass or protective cover.

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Drill down to explore more specific industries.

NAICS 11 Agriculture, Forestry, Fishing and Hunting
NAICS 111 Crop Production
NAICS 1114 Greenhouse, Nursery, and Floriculture Production
NAICS 11141 Food Crops Grown Under Cover
NAICS 111411 Mushroom Production
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Industry trends

The "Food Crops Grown Under Cover" industry (NAICS 11141) is seeing several qualitative trends. One of the most significant trends is the growing adoption of advanced technology, such as automation and AI, to enhance productivity and manage resources efficiently. These technologies are being utilized for tasks ranging from monitoring crop health to optimizing environmental conditions within greenhouses. This not only improves yields but also contributes to sustainability by reducing water and energy consumption.

Another notable trend is the increasing demand for locally grown food, driven by consumers' preference for fresh produce and concerns about the environmental impact of transporting food over long distances. This is encouraging more urban farming initiatives and the proliferation of greenhouse operations in and around metropolitan areas.

Furthermore, there is a rising interest in vertical farming. This method maximizes space utilization and allows for year-round cultivation, making it highly attractive in urban settings with limited land availability. Additionally, vertical farming can significantly reduce the need for pesticides and herbicides, aligning with the growing consumer preference for organic and chemical-free produce.

Looking ahead, the industry is expected to continue its growth trajectory, propelled by technological innovations and the increasing emphasis on food security and sustainability. The global focus on environmental issues and climate change is likely to drive further investment in eco-friendly and efficient agricultural practices within the sector.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 13%

Loan Failure Rate 14%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 90%

Total Companies in this Industry 69
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Explore related industries

  • NAICS 11141 Food Crops Grown Under Cover
  • NAICS 111411 Mushroom Production
  • NAICS 111419 Other Food Crops Grown Under Cover
  • View all related industries

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