Greenhouse Horticulture Market was valued at 30 billion US dollars in the year 2021 that is expected to increase with a compound annual growth rate of 9% during the outlook period of 2021 to 2026.
Greenhouse Horticulture is most commonly known as a Protected cropping, also referred to as greenhouse horticulture, is the production of horticultural crops within, under or sheltered by structures to provide modified growing conditions and protection from pests, diseases and adverse weather. Production of horticulture crops within a protective environment to provide protection from extreme weather conditions and pests is the basic concept of greenhouse horticulture; these are the main factors that have considerably increased the demand for the Greenhouse Horticulture in the market, thereby driving the growth of the Greenhouse Horticulture in the upcoming years.
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Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Greenhouse Horticulture is mainly due to the increasing adoption of sustainable horticulture practices, 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, including extensive research and development activities, along with the implementation of favourable government policies to promote greenhouse horticulture, are expected to drive the market further , these are the main factors that have considerably increased the demand for the Global Greenhouse Horticulture in the market, thereby driving the growth of the Global Greenhouse Horticulture in the upcoming years.
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Report is segmented as:
Greenhouse Horticulture Market is segmented on the basis of by covering material, on the basis of by application, on the basis of by product:
* Greenhouse Horticulture Market is segmented on the basis of by covering material into Plastic Greenhouses and Glass Greenhouses
* Greenhouse Horticulture Market is segmented on the basis of by application into Greenhouse Films, Grow Bags, Wind Break and Shelter Nets, Horticulture Twines and others
* Greenhouse Horticulture Market is segmented on the basis of by product into Ornamentals and Edibles
Geographical Segmentation:
Global Greenhouse Horticulture Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. Europe has the dominant share in the Global Greenhouse Horticulture, followed by North America, Latin America and Middle East & Africa will register a slower increase in the Global Greenhouse Horticulture Market
Impact of COVID-19 on Market
Covid-19 has hugely affected the Global Greenhouse Horticulture market growth. The COVID-19 pandemic continues to radically trade that amplify of variety of industries; however, the immediate have an effect on of the outbreak is varied. While some industries will register a visit demand, several others will proceed to remain unscathed and showcase promising increase opportunities. COVID-19 will have an occasional have an effect on the Global Greenhouse Horticulture market.
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