Vertical Farming Process To Boost Growth Of The Greenhouse, Nursery, And Flowers Market
The vertical farming process can increase the productivity of the greenhouse, nursery, and flowers market because of its ability to grow in artificial lights, with less water and less usage of pesticides. Vertical farming is the practice of producing crops in vertically stacked layers or inclined surfaces with the help of controlled environment agriculture technology. The global greenhouse, nursery, and flowers market expected to reach a value of nearly $402 billion by 2022, significantly growing at a growth rate of around 3% during the forecast period. The growth in the greenhouse, nursery, and flowers market is due to low interest rate environment, increasing population and global economic growth.
However, the market for greenhouse, nursery, and flowers is expected to face certain restraints from several factors such as weak wage growth in developed economies and climate change.
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The greenhouse, nursery, and flower market consists of the sales of greenhouse and nursery flowers and other crops grown under cover by entities (organizations, sole traders and partnerships) that produce greenhouse and nursery flowers and other crops grown under cover. Under cover includes greenhouses, cold frames, cloth houses and lath houses. The produce includes mushrooms, other food crops grown under cover, and nursery and floriculture produce.
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The global greenhouse, nursery, and flowers market is segmented as follows:
By type the greenhouse, nursery, and flowers is segmented into food crops grown under cover, nursery and floriculture production. By geography the global greenhouse, nursery, and flowers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific greenhouse, nursery, and flowers market accounts the largest share in the global greenhouse, nursery, and flowers market.
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The agriculture market, of which the greenhouse, nursery, and flowers is a segment, consists of sales of animal and crop produce and other support services by entities (organizations, sole traders and partnerships) that produce animal produce, crops and rural activities. Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibres, bio-fuel, medicinal and other products used to sustain and enhance human life. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing.
The greenhouse, nursery, and flowers market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider agriculture market, and compares it with other markets.