Greenhouse Horticulture Market Regional Outlook, Development Trends, Key Manufacturers Analysis and Competitive Analysis by 2027

In the recent past, the greenhouse horticulture businesses are growing leaps and bounds at the helm of soaring demand for horticulture production from urban areas and improvised CO2 extraction technologies for greenhouses. The growing need to prolong the cropping season to meet the pressing demand of the increasing population and protect the crops from pests, and adverse climatic conditions have provided an impetus to the worldwide greenhouse horticulture market. Going forward, the positive response rate in adopting greenhouse farming techniques coupled with the rising population & demand for food across developing countries is further expanding the horizons of the greenhouse horticulture market.

Governments in various countries are shoring up the research and development activities to introduce cutting-edge progressions in greenhouse horticulture technology. However, the stringent norms set by government authorities are anticipated to pose some hindrance in market growth, besides, favorable government initiatives are likely to overcome these restraints. High soluble salts in water used in agricultural processes and lack of cold storage facilities are few challenges to be worked upon. However, the consistent uptick in the demand for protected cultivation of crops is expected to increase the revenue inflows over the coming years.

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Key Trends Shaping the Greenhouse Horticulture Market

Recently, the greenhouse horticulture market is exhibiting robust growth potential. Underpinning this growth is the notable advancements in the agriculture industry alongside the increased adoption of tenable horticulture practices. The market is further fueled by the development of IoT (Internet of Things)-enabled lighting systems that induce photosynthesis in plants using photoperiodic and supplemental lighting. Supplementarily, these LED-based solutions have longer operational life and exhibit efficiency in collecting data using machine learning (ML) and remote adjustments. The next-gen tech advancements and spiraling need for protected crop cultivation are driving the market across the globe. The implementation of artificial intelligence sensor technologies assists farmers in detecting diseases and pets in the produced crops.

Higher Growth Prospects for Asia Pacific; Government Support, Rising Adoption of Greenhouse Farming Techniques are at the Beating Heart of Market Expansion

Geographically, the global greenhouse horticulture market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, Europe sustained a leading position in the market, owing to a higher adoption rate of horticulture in producing crops. The growth in the region is further augmented by the unfavorable weather conditions in various countries like the UK, France, and Germany, which is increasing the revenue generation rates.

Asia Pacific showcases a greater grit in the greenhouse horticulture market proliferation with the rising adoption of greenhouse farming techniques. This growth is further ascribed to the surging need for food due to the mounting population and propitious government initiatives in developing nations such as India and China. For instance, with an aim to increase production twofold, the Indian government is offering several huge subsidies via finance on the total cost of a project or soft loans. Thus, these countries contribute significantly to the growth of the market in the APAC. The market in North America is propelled by an increase in demand for protected crop cultivation in countries such as Mexico and the U.S.

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Competitive Players Across the Greenhouse Horticulture Market

World over, leading companies in the greenhouse horticulture market include Argus Control, Dalsem, Ebro India Pvt. Ltd., Godrej Agrovet Ltd., Keder Greenhouse, and Cargill.

The global greenhouse horticulture market is segmented as below:

By Material Type
• Glass
• Plastic

By Crop Type
• Fruits and Vegetables
• Flowers and Ornamentals
• Nursery Crops
• Others

By Technology
• Heating System
• Cooling System
• Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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