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Greenhouse Horticulture Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Greenhouse Horticulture Market Share
The surge in food demand is predicted to boost the expansion of the greenhouse horticulture market. This emerging exigency for food consumption hints towards the scenario where the requirement for food among the populace surpasses the existing provisions. Greenhouse horticulture provisions an agreeable microclimate for vegetation, enabling speedy fruit growth. For example, in October 2024, a projection by the Economic Research Service, a division of the United States Department of Agriculture, a government agency based in the US, indicated an anticipated worldwide food-demand rise of about 2.8 percent annually over the succeeding decade. Consequently, the burgeoning demand for food is bolstering the greenhouse horticulture market's growth.
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What growth opportunities are expected to drive the greenhouse horticulture market's CAGR through 2034?
In recent times, the size of the greenhouse horticulture market has expanded swiftly. Its present worth of $32.62 billion in 2024 is projected to surge to $36.12 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.7%. Factors contributing to the growth during the historic period include increase in population size and subsequent food demand, fluctuations in climate, preference for sustainable agriculture practices, urbanization coupled with decreasing land availability, and the global integration of food supply chains.
Expectations are high for the greenhouse horticulture market, with rapid expansion predicted in the coming years. By 2029, it's anticipated to value $54.77 billion, boasting an 11.0% compound annual growth rate (CAGR). The projected growth within this forecast period is linked to increasing food security awareness, a rising demand for locally sourced crops, climate change abatement measures, government assistance and incentives, as well as a growing consumer appetite for organic and speciality crops. Key developments forecasted for this period encompass technological advancements in crop management and greenhouse technology, a shift towards sustainable materials, the popularization of custom greenhouse designs, and the rise of smart greenhouses.
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What are the emerging trends shaping the future of the greenhouse horticulture market?
A notable trend emerging in the greenhouse horticulture market is the emphasis on product innovations. Firms in this market are pioneering new solutions to maintain their market standing. As an example, Heliospectra, an intelligent LED grow lights supplier for greenhouses based in Sweden, unveiled the MITRA Flex in February 2023. This wirelessly controllable flexible far-red light incorporates three spectra in one, making it highly suited for customized and use-specific growth, including end-of-day or end-of-production lighting requirements. This assures a healthy crop throughout the year, even in seasons with reduced light.
Which growth-oriented segments of the greenhouse horticulture market are leading the industry's development?
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
Subsegments:
1) By Fruits And Vegetables: Tomatoes, Cucumbers, Peppers, Lettuce, Berries
2) By Nursery Crops: Trees, Shrubs, Bedding Plants, Perennials
3) By Flowers And Ornamentals: Cut Flowers, Potted Plants, Hanging Baskets, Foliage Plants
4) By Other Crop Types: Herbs, Medicinal Plants, Specialty Crops
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What regions are leading the charge in the greenhouse horticulture market?
Europe was the largest region in the greenhouse horticulture market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the greenhouse horticulture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the greenhouse horticulture market?
Major companies operating in the greenhouse horticulture market include 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
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What Is Covered In The Greenhouse Horticulture Global Market Report?
• Market Size Forecast: Examine the greenhouse horticulture market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the greenhouse horticulture market for a structured understanding.
• Key Players Overview: Analyze major players in the greenhouse horticulture market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the greenhouse horticulture market.
• Segment Contributions: Evaluate how different segments drive overall growth in the greenhouse horticulture market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the greenhouse horticulture market.
• Industry Challenges: Identify potential risks and obstacles affecting the greenhouse horticulture market.
• Competitive Landscape: Review strategic developments in the greenhouse horticulture market, including expansions, agreements, and new product launches.
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