Categories: Market Research

Greenhouse Horticulture Market 2023 | Growth

The Greenhouse, Nursery, And Flowers Global Market Report 2023 by The Business Research Company, provides greenhouse, nursery, and flowers market overview 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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According to The Business Research Company’s Greenhouse, Nursery, And Flowers Global Market Report 2023, the market size is expected to grow from$459 billion in 2022 to $506.25 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 market size of global greenhouse, nursery, and flowers market is expected to grow to $726.96 billion in 2027 at a CAGR of 9.5%.

The vertical farming process can increase productivity because of its ability to grow under artificial lights, with less water and less pesticides. Vertical farming is the practise of producing crops in vertically stacked layers or inclined surfaces with the help of controlled-environment agriculture technology. Vertical farming includes hydroponics, which uses 70% less water than traditional agriculture. Vertical farming gives the farming industry the ability to grow crops within urban environments and thus have fresher foods available faster and at lower costs.

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The greenhouse, nursery, and flowers market is segmented:

1) By Type: Food Crops Grown Under Cover, Nursery And Floriculture Production

2) By Application: Agricultural Products, Ornamental Plant, Grow Plants, Consumer Goods, Other Applications

3) By End-User: B2B, B2C

The rural activities market consists of revenues earned by entities that undertake rural activities such as fishing (including commercial aquaculture) of finfish, shellfish, bluefish, eels, salmon, tuna, clams, crabs, lobsters, mussels, oysters, shrimp, frogs, sea urchins, and turtles; commercial hunting, operating commercial game preserves, such as game retreats and operating hunting preserves; produce or harvest forestry products and logs and are involved in growing, cutting and transporting timber, operations of the timber tract, growing trees for reforestation and collecting forest products such as gums, barks and fibers; dairy herd improvement activities, livestock spraying and sheep dipping and shearing, and/or perform support activities related to timber production, wood technology, forestry economics and marketing, forest protection, aerial crop dusting, farm management services, cotton ginning, planting crops, and vineyard cultivation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The greenhouse, nursery, and flowers market report table of contents includes: