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Greenhouse, Nursery, And Flowers Market Report Overview
global greenhouse, nursery and flowers market size was USD 551580 million in 2021 and market is projected to touch USD 745869 million by 2032, CAGR of 2.5% during the forecast period.
Growing plants in a transparent structure that offers them a unique growth environment is known as greenhouse horticulture. In addition to shielding crops from pests, greenhouses have the power to change climatic factors including humidity, temperature, light, and CO2 emissions. Some of the materials utilised are polyvinyl chloride, acrylic plastic, strong polycarbonate, and glass. The crops are protected from the elements by the greenhouse's interior, which receives sunshine and is maintained at a slightly warmer temperature than the exterior. Some of the crops cultivated in greenhouses are strawberries, peppers, tomatoes, cucumbers, lettuce, and herbs.
The demand for produce, fruits, and other agricultural goods will rise as the world's population rises. Furthermore, if climatic conditions change due to things like global warming, agricultural productivity may be impacted because as crops mature faster, less grain is produced. The key drivers boosting demand for the global greenhouse, nursery and flowers market size are rising public awareness of climate change and the value of greenhouse technology in increasing crop output.
COVID-19 Impact: Supply Chain Disruption impacted Heavily on the Market
The transfer of farm goods to markets and customers, both domestically and internationally, was hampered by the limited mobility of supply trucks. Because fewer individuals were leaving their houses to run errands and go shopping, the supply was severely low. As a result of consumers' anxious purchases from supermarkets and other shops, businesses were forced to regularly ship merchandise to restock their shelves. The supply-chain interruption prevented many greenhouse growers from shipping their goods out. Additionally, in an effort to stop the epidemic from spreading, governments announced a lockdown and required social segregation; as a result, imports and exports were limited and delayed. Commercial greenhouse suppliers at a disadvantage since their supply chain is not set up to meet client demands.
Latest Trends
"Enhancing Greenhouse Farming Techniques Through R&D To Support Market Development"
The field of agriculture draws the greatest R&D from scientists. Globally, several strategies have been developed to ensure food security as a result of environmental concerns and climate change difficulties. Scientists, academics, and farmers are becoming interested in greenhouse farming. To solve the fundamental issue of controlling the environment in temperate zones, experts are attempting to implement greenhouse farming. The Advanced Horticulture Research Facility claims that active cooling techniques are helpful in creating the ideal environment. Numerous approaches are being researched, including photovoltaic (PV)-based shading techniques for greenhouse passive cooling. The protected cropping industry's present humidity-control methods are being enhanced, and researchers are spotting potential areas for further study. The European Union's (EU) total budget for 2020 was USD 197.1 billion. Fisheries, agriculture, and rural development combined for USD 69.2 billion in spending, or 35% of the entire budget.
Greenhouse, Nursery, And Flowers Market SEGMENTATION
- By Type
Depending on greenhouse, nursery and flowers market given are types: food crops grown under cover, nursery and floriculture production. The greenhouse type will capture the maximum market share through forecast period.
- By Application
The market is divided in Household, Commercial based on application. The global greenhouse, nursery and flowers market players in cover segment like commercial will dominate the market share during forecast period.
Driving Factors
"Need For Higher Yields Using Limited Space and Water to Drive Market Growth"
The increased output of greenhouse farming as compared to traditional agricultural techniques is one of its key benefits. For farmers to develop a crop from seed through harvesting stages in less time and with less land area, enclosed facilities provide the best growth conditions. USDA statistics show that in 2020, greenhouse hydroponic tomato yields averaged 10.59 pounds per square foot whereas conventionally produced tomato yields were 1.85 pounds per square foot. As a result, by adding more layers and expanding the growing space, greenhouse farms may raise the overall crop production.
The Food and Agriculture Organization of the United Nations estimates that in order to fulfil the world's food needs by 2050, food output must rise by 70%. Greenhouse farming is a viable solution to assist satisfy the growing population's food needs because urbanisation is displacing arable land while also reducing the overall amount of agricultural land. Compared to conventional farming, there is less water waste. In comparison to outdoor farming, greenhouse farming uses an average of 95% less water to produce the same crops. The transpiration process takes place when plants or commodities are produced in vertical greenhouses, making it possible for farmers to reuse the water for irrigation. These factors are responsible for boosting the greenhouse, nursery and flowers market growth.
"The High Demand for Locally Grown and Nutritious Crops will Fuel Market Expansion "
The expansion of the greenhouse, nursery and flowers market size is projected to be fueled by the rising demand for fresh and nutritious food from the hotel industry as well as the growing population. For instance, India, an agricultural nation, produces around 326 million tons of horticultural goods each year, which is a key component in fueling the need for greenhouse horticulture. The need for greenhouse horticulture is being driven by the increase in government assistance to increase healthy agricultural production and the sector's attractiveness. The support given by various governments to farmers and horticulturists for growing safe food items is driving the greenhouse, nursery and flowers market growth.
Restraining Factors
"Limited Variety of Crops Suited to Greenhouse Faming to Restrict the Market Growth"
Because greenhouse farming is only effective for a small selection of crops, it is not a popular choice among producers. Before starting a greenhouse plantation, a number of factors need to be taken into account, including temperature control, proper water supply management, nutrient identification and supply, growth mechanism to be used, and specific harvest times for plants. Fruits and vegetables are best suited for vertical farming since they develop more quickly and need less water and sunshine. However, controlled-environment farming can only be used to grow a small number of fruit and vegetable varieties. For instance, the leaves, stems, and roots of several fruits and vegetables are all edible. Vertical farming is not appropriate for these plant species. Crops like sugarcane, rice, and wheat are difficult to grow in a greenhouse because they need a lot of water and take a long time to harvest. The principal crops cultivated year-round in the APAC area to feed the expanding population are rice and wheat. Due to the difficulty of growing these crops in greenhouses, commercial greenhouse farming in these areas has only just begun to spread.
Greenhouse, Nursery, And Flowers Market Regional Insights
"The Commercial Greenhouse Market was Dominated by North America. "
It is anticipated that North America would hold a significant greenhouse, nursery and flowers market share for greenhouse horticulture. Because of the region's strong consumer demand for organic and pesticide-free goods as well as the rising popularity of crops grown in controlled environments, North America is one of the most promising regions for greenhouse agriculture. The demand for greenhouse horticulture is said to be driven by unfavourable weather conditions like extremely low temperatures in most of North American nations including Canada and some regions of the U.S. This is so that crops may develop healthily, regardless of the weather, as greenhouse horticulture preserves the essential moisture, temperature, and light conditions.
Historically, Europe has been in the forefront of introducing cutting-edge methods into commercial greenhouse horticulture and is holding a dominant greenhouse, nursery and flowers market share. Large portions of the Netherlands, Spain, and Turkey are used for greenhouse farming. In contrast, gardeners in the Netherlands mostly cultivate greenhouse free-range plants in small, tunnel-like greenhouses without frequently using climate control technologies. In Scandinavian countries, where farming is almost difficult in the winter, controlled environment agriculture has thrived. The largest users of commercial greenhouse systems worldwide are farmers in Europe. The use of temperature control is necessary to offer a favourable environment for plant growth due to the chilly climate in many areas of Europe. In order to extend the growing season throughout the year in Scandinavian countries and numerous other areas of Europe, more illumination is also required.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP Greenhouse, Nursery, And Flowers COMPANIES
- Color Spot Nurseries (U.S)
- Costa Farms (U.S)
- Altman Plants (U.S)
- Kurt Weiss Greenhouses (U.S)
- Rocket Farms (U.S)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 551580 Million in 2021 |
Market Size Value By |
US$ 745869 Million by 2032 |
Growth Rate |
CAGR of 2.5% from 2021 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global greenhouse, nursery and flowers market expected to touch by 2032?
The global greenhouse, nursery and flowers market is expected to touch USD 745869 million by 2032.
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What CAGR is the greenhouse, nursery and flowers market expected to exhibit during 2032?
The greenhouse, nursery and flowers market is expected to exhibit a CAGR of 2.5% over 2032.
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Which are the driving factors of the greenhouse, nursery and flowers market?
Need for higher yields using limited space and water and high demand for locally grown and nutritious crops are the driving factors of the greenhouse, nursery and flowers market.
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Which are the top companies operating in the greenhouse, nursery and flowers market?
Color Spot Nurseries, Costa Farms, Altman Plants, Kurt Weiss Greenhouses, Rocket Farms are some of the top companies operating in the greenhouse, nursery and flowers market.