IMARC Group, a leading market research company, has recently releases report titled “Greenhouse Horticulture Market Report by Material Type (Glass, Plastic), Crop Type (Fruits and Vegetables, Flowers and Ornamentals, Nursery Crops, and Others), Technology (Heating System, Cooling System, and Others), and Region 2023-20288” The study provides a detailed analysis of the industry, including the global greenhouse horticulture market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the greenhouse horticulture market?
The global greenhouse horticulture market size reached US$ 28.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.
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What is greenhouse horticulture?
Greenhouse horticulture is a modern agricultural practice that involves the cultivation of plants within controlled, enclosed structures known as greenhouses or glasshouses. These structures are designed to create an environment where various environmental factors, such as temperature, humidity, light, and ventilation, can be carefully managed and regulated to optimize plant growth. Greenhouse horticulture offers numerous advantages, making it a preferred method for growing a wide range of crops, including vegetables, flowers, and herbs. One of the primary benefits of greenhouse horticulture is the ability to extend the growing season, allowing for year-round production of crops that would typically be limited to specific seasons. This not only ensures a consistent supply of fresh produce but also reduces the risk of crop damage due to adverse weather conditions. Additionally, the controlled environment within greenhouses provides protection against pests and diseases, reducing the need for chemical pesticides.
What are the growth prospects and trends in the greenhouse horticulture industry?
One of the primary drivers of the greenhouse horticulture market is the ability to grow crops year-round. Greenhouses provide a controlled environment where temperature, humidity, and light can be optimized, allowing farmers to extend growing seasons beyond traditional outdoor limitations. This consistent production of crops ensures a more reliable supply for consumers and reduces the impact of seasonal fluctuations.
Additionally, climate change has led to unpredictable weather patterns and extreme weather events. Greenhouses offer protection against adverse weather conditions such as heavy rainfall, storms, and temperature extremes. This resilience to climate-related challenges makes greenhouse horticulture an attractive option for mitigating risks associated with outdoor farming. Other than this, increasing global populations and urbanization are driving up the demand for fresh, locally grown produce. Greenhouse horticulture allows for the efficient production of high-quality fruits, vegetables, and herbs close to urban centers. This proximity reduces transportation costs and ensures a steady supply of fresh, nutritious food, contributing to food security. Besides this, water scarcity is a growing concern in agriculture. Greenhouses enable precise control of water usage through technologies like drip irrigation and recycling systems. This resource efficiency not only conserves water but also minimizes fertilizer runoff, making greenhouse horticulture an environmentally sustainable choice.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Material Type:
- Glass
- Plastic
Breakup by Crop Type:
- Fruits and Vegetables
- Flowers and Ornamentals
- Nursery Crops
- Others
Breakup by Technology:
- Heating System
- Cooling System
- Others
Breakup by Region:
- North America (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Agra Tech Inc.
- Argus Control System Ltd.
- Certhon Build B.V.
- Dalsem Greenhouse Projects BV
- Les Industries Harnois Inc.
- Heliospectra AB
- Hort Americas, LLC
- Keder Greenhouse Ltd.
- Logiqs BV
- Lumigrow, Inc.
- Netafim Ltd.
- Priva Holding BV
- Richel Group
- Ridder Holding Harderwijk BV
- Rough Brothers Inc.
- Top Greenhouses Ltd.
- Van der Hoeven Horticultural Projects BV.
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