Market Research Report
Greenhouse Horticulture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||960488|
|Published||Content info||108 Pages
Delivery time: 2-3 business days
|Greenhouse Horticulture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: September 3, 2020||Content info: 108 Pages||
The global greenhouse horticulture market exhibited moderate growth during 2014-2019. Greenhouse horticulture refers to the process of growing crops in a transparent structure to provide a customized growth environment to the plants. Greenhouses can alter environmental parameters, such as light, humidity, temperature and carbon dioxide (CO2) emissions and protect the crops against pests. They are constructed with various materials, such as glass, hard acrylic plastic, polyvinyl chloride and polycarbonate. The interior of the greenhouse is exposed to sunlight and is maintained at a slightly warmer temperature than the outside, thereby protecting the crops in cold weather. Some of the crops that are commonly grown in greenhouses include pepper, tomato, cucumber, lettuce, herbs and strawberry.
Significant growth in the agriculture industry, along with the increasing adoption of sustainable horticulture practices, is one of the key factors creating a positive impact on the market. Furthermore, the development of the Internet of Things (IoT)-enabled lighting systems is also driving the market growth. Horticulture lighting solutions induce photosynthesis in plants with photoperiodic and supplemental lighting. Apart from this, these LED-based solutions can be remotely adjusted, can collect data using machine learning (ML) algorithms and have a longer operational life. Additionally, various technological advancements, such as the utilization of innovative robotic scouting systems, and the increasing need for protected crop cultivation, are acting as other growth-inducing factors. Farmers and other horticulture workers use sensor technologies and artificial intelligence (AI)-based solutions to detect diseases and pests in the produce. Other factors, including extensive research and development (R&D) activities, along with the implementation of favorable government policies to promote greenhouse horticulture, are expected to drive the market further. Looking forward, IMARC Group expects the global greenhouse horticulture market to continue its moderate growth during the next five years.