What Has Been the Growth Trajectory for the Greenhouse Horticulture Market in Recent Years?
The greenhouse horticulture market has seen considerable growth due to a variety of factors.
•The rapid expansion of the greenhouse horticulture market has been observed in recent years. Its size is projected to escalate from $32.62 billion in 2024 to $36.12 billion in 2025, growing at a compound annual growth rate (CAGR) of 10.7%.
Factors such as population growth and the subsequent food demand, climate uncertainties, a shift towards sustainable farming, urbanisation and shortage of land, globalisation of food supply chains have contributed to this historic growth.
How Does the Forecast Look for the Greenhouse Horticulture Market?
The greenhouse horticulture market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of greenhouse horticulture is anticipated to experience a swift expansion in the forthcoming years. Its projected growth is up to $54.77 billion by 2029, with a compound annual growth rate (CAGR) of 11.0%.
The surge in the predicted period can be linked to the increasing awareness about food security, the preference for locally sourced produce, strategies for countering climate change, governmental support and incentives, and the consumer's proclivity for organic and specialty crops. Foreseeable trends within this period encompass technological enhancements in crop management, innovation in greenhouse technology, focus on eco-friendly materials, custom greenhouse designs, and smart greenhouses.
What Are the Critical Driver Fuelling the Greenhouse Horticulture Market's Growth?
The anticipated surge in food needs is predicted to drive the expansion of the greenhouse horticulture market in the future. When the appetite for food among the population surpasses the supply available, this creates a high demand for food. Greenhouse horticulture creates the ideal micro-environment for plant growth, facilitating faster fruit growth. The United States Department of Agriculture's Economic Research Service, a US government entity, stated in October 2024 that global food demand is anticipated to increase by 2.8 percent annually over the next decade. Hence, the greenhouse horticulture market is surging due to the high demand for food.
How Is the Greenhouse Horticulture Market segmented?
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
Pre-Book The Greenhouse Horticulture Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing the Greenhouse Horticulture Market?
The increase in product innovations represents a notable trend in the greenhouse horticulture market. To ensure their continued relevance in the market, companies engaged in greenhouse horticulture are focusing on innovative strategies. A case in point is Heliospectra, a Sweden-based company that specializes in intelligent LED grow lights for greenhouses. In February 2023, they introduced MITRA Flex, a flexible far-red light that can be controlled wirelessly and offers three spectra. Its adaptable far-red quality makes it precisely suited for customized and application-oriented growth. This includes end-of-day or end-of-production light treatments that ensure healthy crop growth throughout the year, even during seasons with less light.
Who Are the Key Players 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
What Is The Most Dominant Region 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.
