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Greenhouse Horticulture Market Growth Statistics, Regional Analysis, Top Players, Size, And Forecast To 2033
Greenhouse Horticulture Market
As per the report, 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 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%.
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Surge In Global Food Demand To Drive Market Growth
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.
Product Innovations Transforming The Greenhouse Horticulture Market
Product innovations are a key trend gaining popularity in the greenhouse horticulture market. Companies operating in the greenhouse horticulture market are working on innovations to sustain their position in the market. For instance, in February 2023, Heliospectra, a Sweden-based provider of intelligent LED grow lights for greenhouses, launched MITRA Flex, a wirelessly controllable flexible far-red light with three spectra in one. The adaptable far-red makes it ideal for individualized and application-based growing, including end-of-day or end-of-production light treatments to guarantee a healthy crop year-round in low-light seasons.
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
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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
Contents of the report:
1. Executive Summary
2. Greenhouse Horticulture Market Report Structure
3. Greenhouse Horticulture Market Trends And Strategies
4. Greenhouse Horticulture Market - Macro Economic Scenario
5. Greenhouse Horticulture Market Size And Growth
…..
27. Greenhouse Horticulture Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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