India Greenhouse Horticulture Market 2022 Size, Companies, Industry Report Analysis, Future Demand and Forecast to 2030

Astute Analytica has released new research on the worldwide India Greenhouse Horticulture Market that provides a thorough explanation of a number of market analysis techniques, including SWOT analysis and five-point analysis. The market report also includes an in-depth analysis of several growth plans and initiatives to broaden the business's horizons on a regional and international scale. It gives readers a thorough explanation of all the market difficulties and development prospects related to the industry.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The India Greenhouse Horticulture Market size was US$ 190.84 million in 2021 and forecast to grow to US$ 271.25 million by 2030, registering a compound annual growth rate (CAGR) of 4.19% during the forecast period from 2022 to 2030.

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Regional Analysis:

North America is expected to grow at a moderate rate, closely followed by Europe due to the well-developed infrastructure of these regions. Furthermore, the presence of various safety standards such as quiet operation, low emission, and others will contribute to the growth of the market.

The presence of developing economies such as India, China, etc., will drive the market forward. It is majorly attributable to the growing urbanization and industrialization in the region. Further, the availability of cheap labor and raw materials has increased factory setup in the region. According to Invest India, the Parliament passed a bill with the aim to develop National Bank for Financing Infrastructure and Development (NaBFID) in order to invest in infrastructure projects in the country. Moreover, the same source estimates that infrastructure activities held a 13% share of the total FDI inflows of US$ 81.72 billion in In FY21.

COVID-19 Impact

Following the coronavirus pandemic, the market experienced a sharp decline in terms of revenue. The COVID-19 pandemic forced the imposition of a lockdown to reduce infection among the population across countries. Moreover, manufacturing companies rely heavily on the supply of raw materials and components from other countries around the world, which was halted during the pandemic. Thus, the negatively affected the industry.

Major Key Players in the India Greenhouse Horticulture Market are:

Godrej Agrovet Ltd.
UPL Ltd.
Goodricke Group Ltd.
Tata Coffee Ltd.
Kaveri Seed Co Ltd
Keventer Agro Ltd.
Raghuvansh Agrofarms Ltd
Tropical Agrosystem India (P) Ltd.
Vanashree Agriculture Private Limited
Corteva Agriscience India Pvt Ltd
East West Seed India Pvt Ltd
Ebro India Pvt Ltd
EI Dupont India Pvt Ltd
Cargill India Pvt Ltd
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the India Greenhouse Horticulture Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Covering Material

Plastic
Glass
Polyethylene (PE) film
Polycarbonate
Acrylic
Others
By Crop Type

Fruits
Vegetables
Root Crops
Leafy Greens
Fruits Crops
Flowers and Ornamentals
Nursery Crops
Others
By Greenhouse Type

Lean-to greenhouse
Detached greenhouse
Ridge and furrow greenhouses
By Technology

Low cost
Medium Tech
High Tech
By Application

Food products
Ornamental
Medicinal ingredients
Others
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This release was published on openPR.