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Greenhouse Horticulture Market Size And Strategies 2024-2033 | Insights, Growth Demand, Outlook
Greenhouse Horticulture Market
The Business Research Company presents an extensive market research report on the Greenhouse Horticulture Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The greenhouse horticulture market size has grown rapidly in recent years. It will grow from $29.64 billion in 2023 to $32.88 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to population growth and food demand, climate variability, shift toward sustainable agriculture, urbanization and land scarcity, globalization of food supply chains.
The greenhouse horticulture market size is expected to see rapid growth in the next few years. It will grow to $48.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to growing awareness of food security, demand for locally grown produce, climate change mitigation strategies, government support and incentives, consumer demand for organic and specialty crops. Major trends in the forecast period include technological innovations in crop management, advancements in greenhouse technology, focus on sustainable materials, specialized greenhouse designs, smart greenhouses.
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Key Market Players:
Major companies operating in the greenhouse horticulture market report are Signify Co. Ltd., Europrogress Group, Rough Brothers Inc., Priva Holding BV, Netafim Ltd., Richel Group SA, Nexus Corporation, Atlas Manufacturing Inc., Dalsem B.V., Certhon Co., Hoogendoorn Growth Management, GGS Structures Inc., Argus Control Systems Limited, Cravo Equipment Ltd., AB Ludvig Svensson, Van der Hoeven Horticultural Projects BV, Poly-Tex Inc., Ammerlaan Construction B.V., Luiten Greenhouses BV, Ridder Drive Systems B.V., CropKing Inc., Mardenkro B.V., Kubo Group Ltd., Logiqs B.V., Hort Americas LLC, Ceres Greenhouse Solutions LLC, Agra Tech Inc., Heliospectra AB, Argosee Greenhouse Technology Pty Ltd, Greentech Industries India Private Limited
Market Drivers:
High demand for food is expected to propel the growth of the greenhouse horticulture market going forward. High demand for food refers to a situation where the population's need for food exceeds the available supply. Greenhouse horticulture offers a suitable microclimate for plants and makes growth of fruit in possible in less time. For instance, in July 2021, according to the Nature Portfolio, a Germany-based scientific publishing company, between 2010 and 2050, the global food demand is projected to rise from 35% to 56%. Therefore, the high demand for food is driving the growth of the greenhouse horticulture market.
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https://www.thebusinessresearchcompany.com/report/greenhouse-horticulture-global-market-report
The greenhouse horticulture market covered in this report is segmented -
1) By Crop Type: Fruits And Vegetables, Nursery Crops, Flowers And Ornamentals, Other Crop Types
2) By Type: Plastic Greenhouse, Glass Greenhouse
3) By Product: Grow Bags, Greenhouse Films, Wind Break And Shelter Nets, Horticulture Twines, Other Products
4) By Technology: Heating System, Cooling System, Other Technologies
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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