The Greenhouse Horticulture Global Market Report 2023, provides comprehensive information on the greenhouse horticulture market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Greenhouse Horticulture Global Market Report 2023, the market size is expected to grow from $26.66 billion in 2022 to $29.64 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of greenhouse horticulture market is expected to reach $44.03 billion in 2027 at a CAGR of 10.4%.
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In the dynamic landscape of the greenhouse horticulture market, the spotlight is undeniably on product innovations, a trend that is swiftly gaining traction and reshaping the industry. Focused on maintaining and fortifying their positions in this competitive arena, companies operating in this sector are steering their efforts towards groundbreaking innovations that resonate with the evolving needs of the market.
A notable illustration of this commitment to innovation comes from Heliospectra, a distinguished Sweden-based provider specializing in intelligent LED grow lights tailored for greenhouse applications. In February 2023, Heliospectra introduced the MITRA Flex, a revolutionary wirelessly controllable flexible far-red light boasting a tri-spectral configuration. This avant-garde lighting solution is designed with adaptability at its core, featuring three distinct spectra in one, allowing for unprecedented customization and application-based precision in horticultural practices.
The versatility of MITRA Flex extends its utility to a spectrum of growth scenarios, making it particularly well-suited for individualized and application-specific cultivation practices. Notably, its efficacy shines in end-of-day or end-of-production light treatments, ensuring a consistent and robust crop yield throughout the year, even in the challenging low-light seasons. This aspect underscores the commitment of Heliospectra to providing solutions that go beyond conventional norms, elevating the standards of year-round crop cultivation.
What sets MITRA Flex apart is its wireless controllability, enabling growers to exercise precise control over the far-red light, thereby optimizing the growth conditions for different crops. This level of adaptability aligns seamlessly with the demands of a market where precision and customization are increasingly valued. Heliospectra’s MITRA Flex not only represents a significant leap in technological advancement but also epitomizes the industry’s dedication to sustainability and efficiency in greenhouse horticulture. As the market continues to evolve, such innovations play a pivotal role in shaping its trajectory, driving progress, and ensuring a resilient and productive future for horticultural practices worldwide.
The greenhouse horticulture market is segmented:
1) By Crop Type: Fruits And Vegetables, Nursery Crops, Flowers And Ornamentals, Other Crop Types
2) By Type: Plastic Greenhouse, Glass Greenhouse
3) By Product: Grow Bags, Greenhouse Films, Wind Break And Shelter Nets, Horticulture Twines, Other Products
4) By Technology: Heating System, Cooling System, Other Technologies
Europe was the largest region in the greenhouse horticulture market in 2022.
The table of contents in TBRC’s greenhouse horticulture market report includes:\
1. Executive Summary
2. Greenhouse Horticulture Market Characteristics
3. Greenhouse Horticulture Market Trends And Strategies
4. Greenhouse Horticulture Market – Macro Economic Scenario
5. Greenhouse Horticulture Market Segmentation
…
32. Global Greenhouse Horticulture Market Competitive Benchmarking
33. Global Greenhouse Horticulture Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Greenhouse Horticulture Market
35. Greenhouse Horticulture Market Future Outlook and Potential Analysis
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