Greenhouse Horticulture Market Future Prospects and Forecast To 2028
The global greenhouse horticulture market size was valued at USD 21.8 billion in 2021 and is poised to grow at a significant CAGR of 6.2% during the forecast period 2022-28. Greenhouse horticulture is the method of developing crops in a transparent structure that provides the plants with a customised growth environment. Greenhouses may change environmental factors like light, humidity, temperature, and carbon dioxide (CO2) emissions, as well as protect crops from pests. Glass, strong acrylic plastic, polyvinyl chloride, and polycarbonate are among the materials used to make them. The greenhouse's inside is exposed to sunshine and kept at a relatively warm temperature than outside, shielding the crops from the cold. Pepper, tomato, cucumber, lettuce, herbs, and strawberry are some of the crops often grown in greenhouses.
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When compared to traditional crop growing practises, greenhouse horticulture offers a number of advantages, including the ability to produce more benign & healthier crops, which is one of the key causes driving up demand and preference. Global population expansion, rising food consumption, climate change, and unpredictable weather patterns are some of the key reasons fueling overall expansion of the market greenhouse horticulture market. In the future years, global food demand is predicted to skyrocket. As a result of the expected upsurge demand, farmers will need to employ and implement more stringent and effective farming practises. However, some environmental and surrounding factors can have a negative impact on most agricultural systems. Unpredictable natural disasters, for example, and unpredictably changing weather conditions will have a severe effect on crops produce. As a result, greenhouse horticulture has become increasingly popular in recent years, and this trend is projected to continue in the future. High soluble salts in water for agriculture, which have negative effects on food as well as structural parts of greenhouses, and a lack of storage facilities are two challenges limiting the target market's growth. Increased research and development (R&D) attempt to investigate more new and efficient methods and methodologies to enhance yield, quality, and other elements of greenhouse horticulture are currently a prominent trend in the market.
The global greenhouse horticulture market segmentation:
1) By Product Type: Grow Bags, Greenhouse Films, Wind Break and Shelter Nets, Horticulture Twines, Others.
2) By Material Type: Glass, Plastic.
3) By Application: Vegetables, Ornamentals, Fruit, Others.
North America and Europe are the two regions that dominate the global greenhouse horticulture market. This is due to both regions' significant economic growth, which will help to advance agricultural technologies. The global greenhouse horticulture industry will benefit from the growing acceptance of cutting-edge agricultural practises to protect plants from abiotic and biotic stresses. Meanwhile, the growing acceptance of mechanical advancements in the areas of treatment, pain and infectious-prevention measures, and soil-richness upkeep is propelling the growth of the global greenhouse horticulture market.
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There are several industry players working in the Greenhouse Horticulture Market, which include Hortimax, Hoogendoorn, Rough Brothers, Inc., Van Der Hoeven, Harnois Greenhouses, Netafim, Richel
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