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Greenhouse Horticulture Market Worth US$ 48.3 Billion by 2028 – Exclusive Report by IMARC Group

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Greenhouse Horticulture Market Worth US$ 48.3 Billion by 2028 – Exclusive Report by IMARC Group

March 22
19:31 2023
Greenhouse Horticulture Market Worth US$ 48.3 Billion by 2028 - Exclusive Report by IMARC Group
Greenhouse Horticulture Market 2023-2028
The global market is majorly driven by considerable growth in the agricultural sector.

According to the recent report by IMARC Group, titled “Greenhouse Horticulture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global greenhouse horticulture market size reached US$ 28.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.

Industry Definition and Application:

Greenhouse horticulture is an agricultural system that involves growing crops within a transparent structure, allowing for a customized growth environment for the plants. It requires significant input from growers to provide modified growing conditions and efficiently protect plants from pests, diseases, and unfavorable weather conditions. Since it enables the production of off-season crops throughout the year by providing specific climatic conditions necessary for yielding high-quality crops in large quantities, greenhouse horticulture is gaining immense traction across the globe.

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Trends in Greenhouse Horticulture Industry

The global greenhouse horticulture market is primarily driven by the launch of IoT-enabled lighting systems. Moreover, there has been escalating demand for greenhouse horticulture as light plays a critical role in crop yield improvement. Additionally, the integration of machine learning (ML) solutions with greenhouse horticulture help collect required data in an organized manner, which has catalyzed market growth. Besides this, the rising focus on sustainable horticulture practices and shifting farming practices are other major growth-inducing factors. Furthermore, the widespread adoption of robotic scouting systems and protected crop cultivation solutions in agricultural practices are contributing to market growth. Other factors, including ongoing research and development (R&D) activities, favorable government policies, and rapid growth of the agricultural sector, are also anticipated to drive the market further.

Key Market Segmentation:

Our report has categorized the market based on region, material type, crop type and technology.

Breakup by Material Type:

  • Glass
  • Plastic

Breakup by Crop Type:

  • Fruits and Vegetables
  • Flowers and Ornamentals
  • Nursery Crops
  • Others

Breakup by Technology:

  • Heating System
  • Cooling System
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Competitive Landscape Key Player:

  • Agra Tech Inc.
  • Argus Control System Ltd.
  • Certhon Build B.V.
  • Dalsem Greenhouse Projects BV
  • Les Industries Harnois Inc.
  • Heliospectra AB
  • Hort Americas, LLC
  • Keder Greenhouse Ltd.
  • Logiqs BV
  • Lumigrow, Inc.
  • Netafim Ltd.
  • Priva Holding BV
  • Richel Group
  • Ridder Holding Harderwijk BV
  • Rough Brothers Inc.
  • Top Greenhouses Ltd.
  • Van der Hoeven Horticultural Projects BV.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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