Global Greenhouse Horticulture Market Size is Expected to Grow to $25.28 Billion by 2028

Global Greenhouse Horticulture Market Overview

According to Global Market Monitor, the global greenhouse horticulture market size is expected to grow to $25.28 billion by 2028 with a CAGR of 8.95% from 2023 to 2028.

Greenhouse horticulture refers to the production of horticultural crops within, under the structure, or under the shade of the structure to provide improved growth conditions to protect them from pests, diseases, and adverse weather, and to produce benign and healthy crops.

Drivers

The improvement of greenhouse horticulture technology and increasing demand for horticultural production in cities are driving factors in the market. There is an increasing demand to extend the planting season to feed the growing population and protect the crops from the weather and pest conditions.

Restraints

Highly soluble salts in agricultural water can adversely affect production.High costs associated with greenhouse horticulture technology may hinder market growth.

Opportunities

The global demand for protective crop cultivation is increasing. Due to the increase in the global population, the adoption and demand of greenhouse cultivation techniques are increasing. The government supports the development of greenhouse horticulture.

Global Greenhouse Horticulture Market Size

 Greenhouse Horticulture Market Segment

Greenhouse horticulture controls external parameters such as humidity, light, carbon dioxide emissions, and temperature to provide optimal growth conditions for crops. The materials for these greenhouse gardening products include glass, plastic, polyvinyl chloride, polycarbonate rigid plastic, and so on.By type, the plastic greenhouse held the largest market share in 2022. The plastic greenhouse can increase the temperature and humidity in the shed while being simple to construct and low in cost. But as time goes by, the plastics are hardened and easily damaged, the transparency decreases, and the light in the greenhouse weakens, which affects the growth environment. By application, the vegetable segment occupied the biggest in 2022. Europe had the highest growth rate of all regions.

By Type

Glass Greenhouse

Plastic Greenhouse

Others

The plastic greenhouse held the largest market share in 2022.

By Application

Vegetables

Ornamentals

Fruit

Others

The vegetable segment occupied the biggest in 2022.

By Region

North America

Europe

Asia-Pacific

Middle East and Africa

South America

Others

Europe had the highest growth rate of all regions.

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