The global Greenhouse Horticulture Market was worth US$ 32.7 billion in 2020, and it is estimated to reach a valuation of US$ 41.85 billion by the end of 2025, expanding at an annual growth rate of 9% between 2020 and 2025.
Greenhouse horticulture is the process of growing crops in tissue shelters to provide custom growing conditions for plants. The greenhouses are constructed with transparent materials, such as plastic, glass or other materials, such as hard acrylic plastic, polyvinyl chloride, and polycarbonate. Greenhouses can protect crops from diseases, pests and maintain favorable weather conditions.
In 2017, Malaysia had about 8,000 hectares of land where crops are protected as part of greenhouse horticulture.
The demand for greenhouse horticulture is growing due to the need to extend the seasonal plants to feed the rising population and protect farms from adverse weather conditions and pests.
Some of the key factors driving the overall growth of the global greenhouse horticulture market are the increase in the world population, the rise in demand for food, climate change, and unpredictable weather patterns. In the future, the global demand for food is expected to increase significantly. This growing demand for food requires the use and adoption of strict and productive agricultural practices. The primary trend currently observed in the market is to increase research and development (R&D) initiatives to study newer and more efficient technologies and approaches to improve yield, quality and other aspects associated with greenhouse horticulture. However, most agricultural systems can be affected by certain environmental conditions. For example, unpredictable natural disasters and changes in unforeseen weather conditions adversely affect agrarian products. As a result, the popularity of greenhouse horticulture is increasing recently and is supposed to continue in the future.
As the participation of several governments and other associations in research and development increases, the global greenhouse horticulture market is presumed to be active during the forecast period. The technological development of the leading industry players is also an essential driver of the worldwide greenhouse horticulture market. For example, IRIS, a robotic exploration system, uses sensor technology, machine learning, and artificial intelligence to detect diseases and pests in horticultural products. The use of LED lighting in sustainable crop solutions is another important trend that influences market growth.
Some factors that inhibit the growth of the target market are the highly soluble salts of agricultural water, which negatively affect the production of not only the structural components of the greenhouse but also the lack of cold storage facilities.
By covering material, Greenhouse Horticulture structures with transparent walls and ceilings in which plants grow in open climatic conditions. The primary coating materials for the greenhouse horticultural industry are plastic and glass. There will be a high demand for plastic materials during the forecast period due to the low costs of those materials, which is the main reason behind the growth of the greenhouse horticultural industry.
By application, the global greenhouse horticulture market is divided as ornamentals and edibles. The edibles sector is assumed to dominate the market, increasing at an annual compound rate of almost 8% during the forecast period. This growth is mainly due to the increased demand for fresh and processed fruits and vegetables. In addition, the increase in consumer demand for flowers and ornamental plants, due to their high aesthetic value, is leading the greenhouse horticulture market for ornamental plants.
Currently, Europe's greenhouse horticulture market is the largest in the global business, representing 53.89% of overall sales in the previous years. The Netherlands is a leader in the greenhouse horticultural industry, and it has been a large part of the world flower industry. The United States is ranked as the second-largest market in the world, representing 18% of the world's revenue share. North America's greenhouse horticulture market is the second-largest market in terms of contribution of income to the world business, and the trend is anticipated to continue during the outlook period.
Asia-Pacific (APAC) greenhouse horticulture market is foreseen to have a relatively high revenue share in the global trade in the coming years, as sales contributions to developing markets in China and other regions are quite high. Besides, the Middle East and Africa greenhouse horticulture market is expected to remain a key contributor to the revenue of the global business during the prediction period.
The Dalsem and Richel companies are competing with each other to occupy an almost dominant position in the greenhouse horticulture industry.
The main players in the global greenhouse horticulture market are Hoogendoorn, Richel, Dalsem, Harnois Greenhouses, HortiMaX, Priva, Certhon, Ceres Greenhouse, Van Der Hoeven, Rough Brothers, Oritech, Trinog-xs, Netafim, (Xiamen) Greenhouse Technology and Top Greenhouse.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Greenhouse Horticulture Market, By Covering Material
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Greenhouse Horticulture Market, By Application
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Covering Material
7.2.3 By Application
7.3.1 By Country
18.104.22.168 Rest of Europe
7.3.2 By Covering Material
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
22.214.171.124 South Korea
126.96.36.199 South East Asia
188.8.131.52 Australia & NZ
184.108.40.206 Rest of Asia-Pacific
7.4.2 By Covering Material
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
220.127.116.11 Rest of Latin America
7.5.2 By Covering Material
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
18.104.22.168 Middle East
7.6.2 By Covering Material
7.6.3 By Application
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.4 Harnois Greenhouses
8.8 Ceres Greenhouse
8.9 Van Der Hoeven
8.10 Rough Brothers
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures