Global Greenhouse Horticulture Market Set For 10.95% Growth, Reaching $49.59 Billion By 2028

The greenhouse horticulture market report describes and explains the greenhouse horticulture market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global greenhouse horticulture market reached a value of nearly $29.68 billion in 2023, having grown at a compound annual growth rate (CAGR) of 7.59% since 2018. The market is expected to grow from $29.68 billion in 2023 to $49.59 billion in 2028 at a rate of 10.81%. The market is then expected to grow at a CAGR of 10.95% from 2028 and reach $83.37 billion in 2033.

What are the upcoming opportunities in the global greenhouse horticulture market?
The key players in the market are adopting extensive strategies in the greenhouse horticulture market such as:
Launching new method solutions to expand their business.
Forming strategic partnerships to enhance business expertise.
Introducing new products or services to strengthen business expertise and market presence.

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To take advantage of the opportunities, The Business Research Company recommends that greenhouse horticulture companies focus on:
Innovative aeroponic solutions to drive efficiency and productivity in greenhouse operations.
Expansion of eco-friendly greenhouses to support sustainable, year-round vegetable cultivation.
Harnessing automation and climate control technologies for efficient greenhouse management.
Development of advanced research greenhouses to address key challenges in agriculture and horticulture.
Utilizing innovative membranes for direct air carbon capture in controlled horticultural environments.

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Who are the major companies operating in the global greenhouse horticulture market?

The global greenhouse horticulture market is highly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 4.38% of the total market in 2023. Arvesta (Van der Hoeven) was the largest competitor with a 1.54% share of the market, followed by:
Orbia Advance Corporation SAB de CV (Netafim)
Gibraltar Industries, Inc.
Ridder Group (formerly Hortimax)
Richel Group (Certhon Build B.V.)
DENSO Corporation (Certhon Build B.V.)
Harnois Industries Inc. (Harnois Greenhouses)
Ceres Greenhouse Solutions
Priva Holding BV
Dalsem with 0.08%

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