The Greenhouse, Nursery, And Flowers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Greenhouse, Nursery, And Flowers Global Market Report 2024, The greenhouse, nursery, and flowers market size has grown strongly in recent years. It will grow from $493.66 billion in 2023 to $535.04 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to traditional horticultural practices, seed and plant breeding, pest and disease management, land availability.
The greenhouse, nursery, and flowers market size is expected to see strong growth in the next few years. It will grow to $715.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to sustainable practices, e-commerce and direct sales, smart greenhouses, vertical farming , transportation infrastructure. Major trends in the forecast period include urban gardening and balcony farming, smart greenhouse technologies, digitalization of nursery operations, biotechnology in plant breeding, development of disease-resistant plant varieties.
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 covered in this report 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: Business-to-Business (B2B), Business-to-Consumer (B2C)
Major companies operating in the greenhouse, nursery, and flower market are developing innovative glass-based constructions of greenhouse to provide a controlled environment for plants, which allows for year-round protection of crops rather than seasonally. Glass-based greenhouse construction involves building a greenhouse using glass as the primary material for the walls and roof. For instance, in September 2023, Beijing Kingpeng International Hi-Tech Corporation, a China-based greenhouse company, launched Greenhouse Phase Two. The greenhouse is equipped with high-level automatic systems and will use polycarbonate material. The new addition helps increase the city’s vegetable supply and promotes sustainable agriculture practices.
The greenhouse, nursery, and flowers market report table of contents includes:
1. Executive Summary
2. Greenhouse, Nursery, And Flowers Market Characteristics
3. Greenhouse, Nursery, And Flowers Product/Service Analysis -Product/Service Examples
4. Greenhouse, Nursery, And Flowers Market Trends And Strategies
5. Greenhouse, Nursery, And Flowers Market – Macro Economic Scenario
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26. Germany Greenhouse, Nursery, And Flowers Market
27. France Greenhouse, Nursery, And Flowers Market
28. Italy Greenhouse, Nursery, And Flowers Market
29. Spain Greenhouse, Nursery, And Flowers Market
30. Austria Greenhouse, Nursery, And Flowers Market
Top Major Players:
- Cargill Incorporated
- Bunge Limited
- Olam International Limited
- Bayer Aktiengesellschaft
- Syngenta Flowers LLC
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