Greenhouse Horticulture Market Growth at 9.2% CAGR | Industry Trends & Forecast
According to Straits Research, the global Greenhouse Horticulture Market size was valued at USD 28.2 Billion in 2022 and is projected to reach USD 51.7 Billion by 2031, growing at a CAGR of 9.2% during the forecast period (2023–2031).
Catalysts for Expansion in the Greenhouse Horticulture Market
The increasing demand for sustainable and efficient agricultural practices is driving the growth of the greenhouse horticulture market. Key factors such as climate change, rising population, and the need for higher crop yields are pushing growers toward controlled environment agriculture. Additionally, advancements in smart greenhouse technologies, automation, and IoT integration have made greenhouse farming more productive and resource-efficient.
Segment Breakdown of the Greenhouse Horticulture Market
By Type:
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Glass House
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Plastic Film Greenhouse
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Rigid Panel Greenhouse
By Shape:
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Venlo
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Flat Arch
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Raised Dome
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Sawtooth
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Tunnel
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Modified Quonset
By Crop Type:
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Fruits, Vegetables, and Herbs
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Nursery Crops
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Flowers and Ornamentals
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Others
By End-User:
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Commercial Growers
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Research and Educational Institutes
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Retail Gardens
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Others
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Key Players in the Greenhouse Horticulture Market
Several leading companies are making significant advancements in greenhouse horticulture, including:
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Agra Tech Inc.
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Ridder Group
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DutchGreenhouses B.V.
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Certhon Build B.V.
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Priva Holding B.V.
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Netafim
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Svensson
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Dalsem Greenhouse Projects BV
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Heliospectra AB
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Keder Greenhouse Ltd.
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GreenTech Agro LLC
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Richel Group
Emerging Prospects in the Greenhouse Horticulture Industry
The industry is witnessing increased investment in smart and automated greenhouses, which optimize water usage, temperature control, and lighting conditions. LED lighting systems, hydroponics, and vertical farming are gaining traction as sustainable alternatives, ensuring year-round crop production with minimal resource wastage.
Industry Movements and Technological Advancements
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Integration of AI & IoT: Smart greenhouses leverage artificial intelligence and IoT sensors to monitor and regulate environmental conditions, boosting efficiency.
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Sustainable Practices: Adoption of hydroponic and aeroponic systems to reduce soil dependency and conserve water.
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Expansion of Urban Farming: Greenhouses are increasingly utilized in urban areas to support local food production and reduce transportation costs.
Geographic Analysis of the Greenhouse Horticulture Market
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North America is witnessing rapid adoption of greenhouse technologies due to increasing demand for organic produce and stringent food safety regulations.
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Europe remains a dominant market with Netherlands, Spain, and France leading in high-tech greenhouse cultivation.
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Asia-Pacific is emerging as a fast-growing market, with China and India investing in modernized farming solutions to address food security concerns.
Market Data Insights
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Rising investments in climate-resilient farming techniques are expected to accelerate greenhouse adoption worldwide.
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Increasing government incentives and subsidies to promote sustainable agriculture are fueling market expansion.
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Growing consumer preference for chemical-free, organic, and fresh produce is driving demand for greenhouse-grown crops.
Conclusion
The Greenhouse Horticulture Market is poised for significant growth, driven by technological advancements, sustainability concerns, and increased demand for high-yield farming solutions. With rising investments in automated and climate-controlled farming, the industry is expected to witness transformative changes in the coming years.
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