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A16608 | Pages: 180 | Charts: 58 | Tables: 113 |
The global greenhouse horticulture market was valued at $32.3 billion in 2021, and is projected to reach $65.0 billion by 2030, growing at a CAGR of 7.8% from 2022 to 2030.
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The greenhouse horticulture market is segmented into Crop Type and Type.
Commercial greenhouse horticulture began by using soil as the foundation for all plants due to its ease of availability and reduced initial infrastructure expenses. In commercial greenhouses, glass roofing and plastic walls are standard covering materials. Ventilation, LED grow lights, heating, cooling, communication technologies, irrigation, and control systems are all part of this exciting new application. Heating and cooling systems are the most significant pieces of equipment in the commercial greenhouse industry.
The industry is expanding because of rising population and the need for food in growing regions such as Asia-Pacific. The Middle East's increased need for fresh food has helped to open up opportunities for urban gardening in the region. The industry is being driven by two key factors: the growing trend of rooftop farming and the growing population.
The market's expansion can be ascribed to increased food consumption due to the world's growing population, as well as climate change, which influences crop yields. In addition, as understanding about greenhouse technology for higher yield grows, the market will see a variety of growth prospects in the next few years.
The global greenhouse horticulture market is segmented on the basis of product, type, and region. By product market is classified into fruits & vegetables, nursery crops, flowers & ornamentals, and others. By type, the market is classified into plastic greenhouse and glass greenhouse. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include Richel Group, Rough Brothers, Inc., Certhon, Poly-Tex, Inc., Europrogress, Luiten Greenhouses, Sotrafa, Netafim, Dalsem, and Van der Hoeven Horticultural Projects BV. among others.
[CROPTYPEGRAPH]
By product type, the fruits & vegetables sub-segment accounted for highest market share in 2021 and it is estimated to show the fastest growth during the forecast period. Greenhouse horticulture is extensively used for growing fruits and vegetables because it protects the crops from high winds and rodents while maintaining a temperature that is optimal for plant growth. Greenhouse horticulture keeps the environment stable by keeping the temperature constant and safeguarding the crops from excessive cold. Farmers and gardeners can also cultivate off-season crops to aid in the production of high-demand and market-value commodities. This is because the temperature, moisture, light, and humidity essential for growing off-season fruits and vegetables are all controlled in the greenhouse is predicted to boost the segment in the estimated period.
[TYPEGRAPH]
By type, plastic greenhouse sub-segment accounted for the highest revenue share in 2021 and it is estimated to show the fastest growth during the forecast period. Plastic greenhouses are convenient, maintain the correct temperature for plant growth, and provide much better insulation for the plants. Compared to glass films, which are expensive and brittle, plastic films are less expensive and more durable, thereby is predicted to boost the segment in the estimated period.
[REGIONGRAPH]
By region, Europe dominated the global greenhouse horticulture market in 2021 and is forecasted to remain the dominating during the forecast period. Greenhouse horticulture contributes to increased crop yield by maintaining optimal conditions for plant growth and thus reducing waste. Furthermore, greenhouse horticulture makes efficient use of resources by requiring less water and agrochemicals. Greenhouse horticulture is becoming increasingly popular in European countries such as Spain.
Key Market Segments
Key Market Players