A recent report published by Infinium Global Research on the greenhouse horticulture market provides an in-depth analysis of segments and sub-segments in the global as well as regional greenhouse horticulture market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional greenhouse horticulture market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global greenhouse horticulture market. According to the report, the global greenhouse horticulture market is projected to grow at a CAGR of 7.9% over the forecast period of 2019-2025.
Market Insight
Greenhouse horticulture is the production of horticultural crops within a structured shelter to provide modified growing conditions to the crop. The main greenhouse covering material such as polyethylene and glass. Apart from this, other covering materials for the greenhouses are fiberglass, rigid plastic acrylic, and polycarbonate.
The growing population along with rising food demand is driving the growth of the global greenhouse horticulture market. Moreover, unfavorable climate change will have a negative impact on agricultural production. As a result, the popularity of greenhouse horticulture across the globe is likely to boost the market demand in the near future. Additionally, the increasing demand for innovative and modern agriculture is another factor fueling market growth. It is estimated that greenhouse horticulture accounts for the majority of tomato production. In green horticulture, advanced irrigation systems play a major role in water-saving for greenhouse cultivation is also contributes the market growth. On the other hand, high costs associated with greenhouses horticulture is expected to hamper the growth of the market. Furthermore, research and development regarding the new and efficient techniques to improve quality and yields and other aspects related to greenhouse horticulture will create fruitful opportunities for the Greenhouse Horticulture Market in the coming years.
Geographically, Europe is expected to hold maximum share in the greenhouse horticulture market. The area under greenhouses in Spain has been estimated to be around 25,000 ha and Italy 18,500 ha used mostly for growing vegetable crops like capsicum, watermelon, beans, strawberries, cucumbers, and tomatoes. The Asia Pacific is estimated to the fastest-growing region in the global greenhouse horticulture market over the forecast period. North America is anticipated to be the second-largest region for the global market. In the Asia Pacific region, developing countries such as China and Japan account for the majority of the market shares. According to the latest statistics, Japan has more than 50,000 greenhouses. The Middle East & Africa is anticipated to grow at a steady pace in the global market over the forecast period.?
Segment Covered
The report on global greenhouse horticulture market covers segments such as covering material, and application. On the basis of covering material, the sub-markets include plastic, glass, and other covering materials. On the basis of application, the sub-markets include ornamentals, vegetables, fruits, and other applications.
Companies Profiled:
The report provides profiles of the companies in the market such as Netafim, Harnois Greenhouses, Van Der Hoeven, Rough Brothers Inc, Hoogendoorn, Ceres greenhouse, Priva, Dalsem Complete Greenhouse Projects, Trinog-xs (Xiamen) Greenhouse Tech Co., Ltd, and Other Companies.
Report Highlights:
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of greenhouse horticulture market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
