Greenhouse Horticulture Market Trends

  • Report ID: 3187
  • Published Date: Feb 09, 2023
  • Report Format: PDF, PPT

Greenhouse Horticulture Market Trends

Growth Drivers

  • Increasing Popularity of Urban Gardens- The trend of having gardens and terrace gardens at home, at real estate building and at commercial building is expected to boost the market growth.There are about 23 million outdoor areas in the approximately 87% of British households with gardens.
  • Increasing Adoption of Greenhouse Farming- The Campo de Dalas in Europe is home to the biggest hub of greenhouses in the world, with an estimated 40,000 hectares. The plain produces about 3 million tonnes of food annually, supporting an economy worth over 1 billion.
  • Growing Population of the World- According to the United Nations, the population of the globe has increased by more than three times since the middle of the 20th century. In mid-November 2022, there were 8.0 billion people on the planet. In the following 30 years, there are projected to be roughly 2 billion more people.
  • Rising Focus of Farmers on Increasing Production of Fruits and Vegetables- With the rise in population and improved per capita income the demand for fruits and vegetables is rising, which is prompting its higher production. Around 1 billion metric tons of fruits and vegetables were produced worldwide in 2020.
  • Government Efforts for Planting More Trees- The Forestry Agency of Japan has started a financial support programme to encourage the planting of quickly expanding trees. The initiative offers up to USD 4000 in subsidies per hectare to aid with the costs of buying and planting saplings of fast-growing trees.

Challenges

  • Climate Change is to Affect the Crop Production - The rate of global climate change is frightening, and that these changes will probably affect how much water is used in horticulture. Under the influence of rising global warming, winter dormancy may be hindered, which may have an impact on the yield of perennial vegetables. Moreover, vegetable plants grow more quickly under high temperatures, which speeds up the development of several organs, such as the transition from flowering to fruiting. The harvested items then frequently exhibit negative characteristics. Therefore, the drastic changes in the climate is likely to hamper the market growth.
  • Lack of Skilled Workforce for Greenhouse Farming
  • High Charges of Installing Greenhouse Structure

Greenhouse Horticulture Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

9%

Base Year Market Size (2022)

USD 33 Billion

Forecast Year Market Size (2035)

USD 67 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Author Credits:  Nilanjana Ray


  • Report ID: 3187
  • Published Date: Feb 09, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing production of fruits and vegetables, higher number of people practicing greenhouse farming, and rising hunger rate are the few factors which are likely to augment the market growth.

The market is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2035.

Shortage of expert professionals, rise in the global warming affecting crop growth, and charges of greenhouse’s installation is high are the few factors which are likely to hinder the market growth.

The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are RICHEL Group, Ridder Climate Screens B.V., Rough Brothers, Inc., Trinog-xs (Xiamen) Greenhouse Tech Co., Ltd., Dalsem, Harnois Industries, Priva Holding B.V., Certhon Build B.V., Ceres Greenhouse Solutions, Batenburg Techniek NV and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, cover material, application, and by region.

The edible segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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