Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Global Greenhouse Horticulture Market
Global Greenhouse Horticulture Market (Crop Type: Fruits and Vegetables, Nursery Crops, Flowers and Ornamentals and Others; Type: Plastic Greenhouse and Glass Greenhouse; Technology: Heating System, Cooling System and Others; Propagation: Seed, Vegetative, Layering & Cutting, Grafting, Breeding and Others; Region: North America, Europe, Asia Pacific, Latin America and Middle East and Africa).
REPORT PREVIEW
Growing plants in a transparent structure that offers them a unique growth environment is known as greenhouse horticulture. In addition to shielding crops from pests, greenhouses have the power to change climatic factors like humidity, temperature, light, and CO2 emissions. Some of the materials utilised are polyvinyl chloride, acrylic plastic, strong polycarbonate, and glass. The crops are protected from the elements by the greenhouse's interior, which receives sunshine and is maintained at a slightly warmer temperature than the exterior. Some of the crops grown in greenhouses are strawberries, peppers, tomatoes, cucumbers, lettuce and herbs. Soil was first used as the base for all plants in commercial greenhouse horticulture due to its simplicity of supply and lower initial infrastructure costs. Glass roofs and plastic walls are common covering materials in commercial greenhouses. This innovative new application includes ventilation, LED grow lights, heating, cooling, communication technologies, irrigation and control systems. The most important pieces of equipment in the commercial greenhouse sector are the heating and cooling systems.
The Need for Global Greenhouse Horticultue Market is driven by High Demand for Locally Grown and Healthy Crops
The needs for fresh, healthy food from the hotel industry and population expansion are expected to fuel the growth of the greenhouse horticulture market. The key development element for the greenhouse horticulture market is anticipated to be an overall rise in awareness regarding climate change and the significance of greenhouse technology. Additionally, the industry is anticipated to develop in response to the rising demand for nutritious foods produced locally.
A Shift towards Innovative and Advanced Technologies to Generate Huge Opportunities
Numerous market expansion prospects are anticipated as a result of the growing development and use of lighting solutions that are Internet of Things (IoT) enabled. Additionally, it is anticipated that the industry would expand at an even faster rate due to the growing human population and the rising demand for fruits, vegetables, and other agricultural products. Horticulture lighting systems encourage photosynthesis in plants through photoperiodic and supplemental illumination. In addition, LED-based solutions have a longer operational life, may be managed remotely, and can gather data using machine learning (ML) methods.
Increasing population:
Due to population expansion and more demand for fruits and vegetables, global greenhouse horticulture market is growing.
Due to rising purchasing power in developing economies, growing health consciousness, and a preference for healthier lifestyles, consumers are spending more money on natural food products. The sector is growing as a result of global population growth and the increased demand for food in developing regions like the Asia-Pacific. The rising need for fresh food in the Middle East has aided in expanding the region's potential for urban gardening.
Consultant point of view
The Global Greenhouse Horticultue Market is projected to grow at a CAGR of 7.8% during the forecast period of 2021-2031. The consumption in many industries in the area is being driven by the rise in incomes, increase in population, invention of advanced technology and high demand for locally grown and healthy crops. According to geographical study, the North American market is expected to be the most profitable. The two primary factors that will accelerate the expansion of the greenhouse horticulture market in this region are anticipated to be the high demand for pesticide-free products and a growth in demand for controlled environments agriculture (CEA) crops.
Global Greenhouse Horticultue Market: Overview
Global greenhouse horticulture market expansion is anticipated to be aided by expanding population and rising need for food goods to feed rising population. The term "greenhouse horticulture" refers to the most popular method of growing harvests inside of a controlled environment to provide different growing conditions for plants. This method aids in protecting crops from annoyances, illnesses, and extreme weather. In contrast to traditional methods of crop production, greenhouse horticulture is typically widely accepted across the planet.
A technique of agriculture known as greenhouse horticulture helps produce crops inside of a transparent structure to give plants a certain growth environment. To effectively provide adjusted growing conditions and safeguard plants against pests, illnesses, and unfavorable weather conditions, it depends on substantial inputs from the growers. By supplying the particular climatic conditions needed for producing high-quality crops in large quantities, it also makes it possible to produce off-season crops throughout the entire year.
Fruits and vegetables are frequently grown in greenhouse horticulture because it shields the crops from strong winds and rodents while maintaining a temperature that is ideal for plant growth. By maintaining a steady temperature and protecting the crops from extreme cold, greenhouse horticulture maintains environmental stability. Off-season crops can also be grown by farmers and gardeners to help produce high-demand and high-value goods. Because the greenhouse can regulate the temperature, moisture, light, and humidity necessary for producing fruits and vegetables out of season, the market for greenhouses is expected to rise over the forecasted period.
Global Greenhouse Horticulture: Market Drivers
The Global Greenhouse Horticultue Market is driven by several factors such as:
Many companies form mergers, acquisitions, partnership and collaboration strategies to enable market growth.
The rise in population and technology drives the market.
During the projected period, the market's growth rate is anticipated to be driven by consumers' rising choice for organic and chemical-free food products.
Two important elements are driving the industry: the rising popularity of rooftop farming and the expanding population.
Examples of collaborations, mergers, acquisitions and new development in this market include:
In 2018, Ceres Greenhouse Solutions formed a partnership with Vera Cultivation in order to construct a unique cannabis greenhouse complex for Vera Cultivation's customers. Three 4,200 square foot greenhouses, two 2,100 square foot greenhouses, and a 5,040-square-foot stockroom for logistical purposes were all part of the complex that Ceres built.
In March 2021, Gakon, a market leader in greenhouse projects, has been acquired by Netafim, a prominent developer of precision agriculture solutions. In the upcoming years, it is anticipated that this acquisition would strengthen Netafim's position in the greenhouse horticulture sector.
Therefore, the growth of Global Greenhouse Horticultue Market is driven by the increase in new development, collaborations and partnerships.
Global Greenhouse Horticultue Market: Market segmentation
The global greenhouse horticulture market is segmented by crop type, type, technology, propagation and region.
In terms of crop type, the market is divided into Fruits and Vegetables, Nursery Crops, Flowers and Ornamentals and Others.
By type, the market is classified into Plastic Greenhouse and Glass Greenhouse.
By technology, the market is split into Heating System, Cooling System and Others.
In terms of propagation, the market is segmented into Seed, Vegetative, Layering & Cutting, Grafting, Breeding and Others.
In terms of region, the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East and Africa.
Each of these segments have been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The Global Greenhouse Horticultue Market report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2031, considering 2022 as the base year. The compound annual growth rate (percentage CAGR) has been provided for each segment and market from 2021 to 2031 along with market size estimations.
Global Greenhouse Horticultue Market: Regional Overview:
The Global Greenhouse Horticultue Market is segmented by region, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, which have been further divided into major countries and sub-regions.
The Market for Greenhouse Horticulture in North America to be the fastest growing. In the North American region, the greenhouse horticulture market is anticipated to have a significant share. Because of the region's strong consumer demand for organic and pesticide-free goods as well as the rising popularity of crops grown in controlled environments, North America is one of the most promising regions for greenhouse agriculture. The demand for greenhouse horticulture is thought to be driven by unfavourable weather conditions like extremely cold temperatures in most of North American countries including Canada and some regions of the U.S. This is so that crops can develop healthily, regardless of the weather, as greenhouse horticulture preserves the essential moisture, temperature, and light conditions.
The global market is expected to be dominated by Europe as it holds the second position. This is attributed to the favorable climate in the area and the quick adoption of cutting-edge technology approaches for horticulture crop production. Through environmentally friendly ecosystems, a healthier population, and sustainable food production, horticulture greatly contributes to regional growth. Fruits, flowers, and vegetables are among the commodities that Europe produces and exports the most. The focus of research and development is therefore on more environmentally friendly and economically advantageous production methods that will provide consumers with hygienic, reliable, high-quality product offers.
Due to its expanding disposable income and population level, the market in the Asia Pacific is anticipated to grow at the greatest CAGR during the forecast period. Due to the lack of available agricultural land, developing nations are focusing on advanced agricultural techniques like indoor horticulture, greenhouse farming, and precision farming.
The report provides the current and expected market revenue (US$ Man) of these regional markets and their major countries from 2021 to 2031, with their CAGRs from 2021 to 2031
The study also offers a list of recommendations, highlights, and useful insights of the Global Greenhouse Horticultue Market, which can help new companies entering the market and existing companies to increase market shares and in the decision-making process.
Major Players
The Global Greenhouse Horticultue Market report concludes with the company profiles section, which includes key information about major players in the Global Greenhouse Horticultue Market
Leading players analyzed in the report include
Global Greenhouse Horticultue Market: Segmentation
UMR's study on the Global Greenhouse Horticultue Market includes information segmented into five categories: crop type, type, technology, propagation and region. The report covers in-depth analysis of evolving industry trends and key market dynamics related to these segments of the Global Greenhouse Horticultue Market.
Global Greenhouse Horticultue Market: Restraints
High Expenses and requirement of skilled manpower:
Due to high operational costs associated with greenhouse crop production, which could act as a restraint for the greenhouse horticulture market, market analysts are sceptical about the market's ability to grow at full pace. The daily tasks of greenhouse horticulture demand a skilled workforce. The expense of establishing the greenhouse structure and the ongoing maintenance and care it needs, will further restrain the growth of the greenhouse horticulture market over the forecast period.
Lack of Awareness among Farmers and High Operating Expenses to Restrain Market Growth:
Horticulture in greenhouses necessitates routine inspections. Additionally, measures must be done to get rid of any pests or illnesses so that subsequent crop yields are unaffected. Additionally, it is projected that the high cost of greenhouses based on their material and installation costs will restrain their market share over the forecast period. Additionally, for the growing of crops in greenhouses, monitoring and accuracy of natural resources and fertilizers are essential. This calls for a detailed understanding of the crop, the weather, and the ideal conditions for the crop. Therefore, these crops can typically be effectively grown by a trained farmer. Watering system design and extra lightning are two other elements to consider. Since all of these are expensive and need expertise that conventional farmers, particularly those in developing nations, often lack, the expansion of the greenhouse horticulture market is anticipated to be hampered throughout the projected period.
FREQUENTLY ASKED QUESTIONS
Provide your email to get email notification when we publish new reports.