Industry Background:
Greenhouse horticulture is the production of horticultural crops under, within or sheltered by structures to provide modified growing conditions and/or protection from pests, diseases, and adverse weather. It includes the use of greenhouses and glasshouses, shade houses, screen houses, and crop top structures. Controlled environment horticulture is the most recent and sophisticated form of greenhouse horticulture. It is sometimes also referred to as controlled environment agriculture. Controlled environment horticulture combines high technology greenhouses with hydroponic (soilless) growing systems. Controlled environment horticulture makes it possible to consistently and reliably control or manipulate the growing environment and effectively manage nutrition, pests, and diseases in crops.
According to AMA Research, the market for Greenhouse Horticulture is expected to register a CAGR of 11.2% during the forecast period to 2030. This growth is primarily driven by Government Initiatives Promoting Greenhouse Horticulture
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Agricultural Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Dalsem Horticultural Projects B.V. (Netherlands), Harnois Greenhouses (Canada), Netafim Ltd. (Israel), Richel Group S.A. (France), Vanderhoeven Greenhousebuilders BV (Netherlands), Certhon (Netherlands), Hort Americas LLC (United States), Rough Brothers Manufacturing, Inc. (United States), Trinog-xs (Xiamen) Greenhouse Tech (China) and VEK Adviesgroep (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2021 - Netafim, the global leader of precision irrigation solutions and agricultural projects and part of the Orbia community of companies, announced today that it has signed a definitive agreement to acquire Dutch turnkey greenhouse projects provider Gakon.
In January 2024, The Cornell University Greenhouse Lighting and Systems Engineering (GLASE) consortium will deliver their latest virtual short course with a focus on three interactive greenhouse systems. Experts from academia and industry will share how growers can select and operate greenhouse coverings, climate screens and supplemental horticultural lighting.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
The Increasing Significance of LED Growth Lights in Greenhouse Horticulture
Market Growth Drivers:
Government Initiatives Promoting Greenhouse Horticulture, Increasing Urbanization, Increasing Demand for Healthy Food and Improvements in CO2 Extraction Technologies for Greenhouses
Restraints:
High Costs Associated With Greenhouse Horticulture
Opportunities:
Emerging Demand from Developed as well as Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Greenhouse Horticulture Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Greenhouse Horticulture Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Greenhouse Horticulture players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Greenhouse Horticulture Study Sheds Light on
The Greenhouse Horticulture Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Greenhouse Horticulture industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Greenhouse Horticulture industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.