Market Size 2023 (Base Year) | USD 521.86 Billion |
Market Size 2032 (Forecast Year) | USD 1056.53 Billion |
CAGR | 7.3% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
According to Market Research Store, the global greenhouse, nursery, and flowers market size was valued at around USD 521.86 billion in 2023 and is estimated to reach USD 1056.53 billion by 2032, to register a CAGR of approximately 7.30% in terms of revenue during the forecast period 2024-2032.
The greenhouse, nursery, and flowers report provide a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.
Global Greenhouse, Nursery, And Flowers Market: Overview
The greenhouse, nursery, and flowers market encompass the production, cultivation, and sale of plants, flowers, and other horticultural products. Greenhouses are controlled environments that allow for the year-round cultivation of plants, including flowers, fruits, vegetables, and ornamental plants. Nurseries focus on growing and selling young plants, typically trees, shrubs, flowers, and other ornamental plants, which are later sold to gardeners, landscapers, and other consumers. The flower segment specifically deals with the cultivation and sale of flowers, which are grown for various purposes including decoration, gifting, and in landscaping projects.
Key Highlights
Greenhouse, Nursery, And Flowers Market: Dynamics
Key Growth Drivers
Restraints
Opportunities
Challenges
Report Attributes | Report Details |
---|---|
Report Name | Greenhouse, Nursery, And Flowers Market |
Market Size in 2023 | USD 521.86 Billion |
Market Forecast in 2032 | USD 1056.53 Billion |
Growth Rate | CAGR of 7.3% |
Number of Pages | 140 |
Key Companies Covered | Cargill Incorporated, Bunge Limited, Olam International Limited, Bayer Aktiengesellschaft, Syngenta Flowers LLC, WH Group Limited, Dairy Farmers of America Inc., Corteva Agriscience Inc., Charoen Pokphand Foods Public Company Limited, Land O'Lakes Inc., Wens Foodstuff Group Co. Ltd., Royal FloraHolland, The Scotts Miracle-Gro Company, Netafim Ltd., Monrovia Company, Ball Horticultural Company, Dümmen Orange, Costa Farms LLC, Duerr Nursery & Perennials Inc., Wayside Gardens, PanAmerican Seed Company, A.M.A. Horticulture, United Plant Growers Inc., Kientzler Forest Products LLC, Grodan Holding B.V., Priva Holding B.V., Svensson International BV, Hilverda Florist, Rose Parade, Four Winds Growers Inc. |
Segments Covered | By Product Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2023 |
Forecast Year | 2024 to 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Greenhouse, Nursery, And Flowers Market: Segmentation Insights
The global greenhouse, nursery, and flowers market is divided by type, application, and region.
Segmentation Insights by Type
Based on type, the global greenhouse, nursery, and flowers market is divided into food crops grown under cover and nursery & floriculture production.
In the greenhouse, nursery, and flowers market, Nursery & Floriculture Production emerges as the most dominating segment. This segment involves the cultivation of plants for decorative purposes, including ornamental flowers, shrubs, and trees, which are sold to both individual consumers and commercial businesses. The demand for nursery and floriculture production is driven by increasing interest in landscaping, urbanization, and the growing popularity of indoor plants. Additionally, floriculture plays a significant role in events like weddings and festivals, further bolstering its market presence. The use of controlled environments in greenhouses ensures consistent quality and production, making it a highly profitable and dominant segment.
Following this, Food Crops Grown Under Cover is another important segment, though less dominant compared to nursery and floriculture production. This segment involves the cultivation of food crops, such as vegetables, herbs, and fruits, under controlled environments like greenhouses. With the rising need for food security, urban farming, and sustainable agriculture, food crops grown under cover have gained popularity, particularly in urban areas where land for traditional farming is limited. The segment benefits from the ability to produce crops year-round, providing a stable supply of fresh produce. However, its dominance is somewhat constrained by the higher investment and operational costs required to maintain the necessary conditions for crop growth.
Segmentation Insights by Application
On the basis of application, the global greenhouse, nursery, and flowers market is bifurcated into household and commercial.
In the greenhouse, nursery, and flowers market, Commercial applications dominate over Household applications. The commercial segment includes a wide range of businesses involved in the production, distribution, and sale of nursery plants, flowers, and food crops. This includes large-scale floriculture farms, greenhouse operations for food production, and companies that supply plants to retailers, landscapers, and event planners. The demand for commercial-scale greenhouse operations is primarily driven by the need for consistent, high-quality products for large markets, including supermarkets, wholesalers, and floral businesses. The commercial market benefits from economies of scale, advanced greenhouse technologies, and the ability to meet the year-round demand for both ornamental plants and food crops.
In contrast, the Household application segment is comparatively smaller but still significant. Household use typically involves gardening enthusiasts and hobbyists who grow plants, flowers, and food crops on a smaller scale. This segment is driven by increasing interest in home gardening, sustainable living, and the desire for locally grown food. Greenhouses and nurseries catering to household customers often focus on offering a variety of plants for personal use, such as flowers for decoration, herbs for culinary purposes, and small vegetables for homegrown produce. While the household market is growing due to trends like urban gardening, its scale and impact are smaller compared to the commercial segment, which benefits from larger operations and higher-volume production.
Greenhouse, Nursery, And Flowers Market: Regional Insights
The Asia-Pacific region leads the greenhouse, nursery, and flowers market, driven by rapid urbanization and increasing disposable incomes. Countries like China, Japan, and India have a strong culture of gifting flowers, fueling market growth. The region's diverse climates and advanced agricultural practices support the cultivation of a wide variety of flowers and plants, catering to both domestic and export markets. Technological advancements, such as automated irrigation systems and climate control solutions, have further enhanced productivity and quality in this region.
Western Europe holds a significant share in the greenhouse, nursery, and flowers market, with countries like the Netherlands and Germany leading in floriculture. The region's emphasis on sustainability and organic practices aligns with changing consumer preferences towards eco-friendly products. Advanced greenhouse technologies and efficient supply chains contribute to the high-quality production of flowers and plants, meeting both domestic demand and export requirements.
North America, particularly the United States and Canada, represents a mature market for greenhouse, nursery, and flowers. The region's focus on sustainability and organic practices has led to a growing demand for eco-friendly and locally grown flowers. Technological innovations, such as smart greenhouses and vertical farming, have improved productivity and resource efficiency. The market is also influenced by seasonal trends and consumer preferences for diverse and exotic plant varieties.
Eastern Europe is emerging as a notable player in the greenhouse, nursery, and flowers market. Countries like Poland and Russia are investing in greenhouse technologies to enhance production capabilities. The region's diverse climates allow for the cultivation of various flowers and plants, catering to both local markets and export opportunities. Government support and infrastructure development are further boosting the growth prospects in this area.
South America, with its diverse landscapes and favorable climates, supports the cultivation of a wide variety of flowers and plants. Countries like Colombia and Ecuador are renowned for flower exports, particularly roses and carnations. The market is characterized by local flower markets and traditional floral arrangements that cater to cultural preferences. However, challenges such as political instability and logistical issues can impact market growth.
The Middle East and Africa region is gradually developing its greenhouse, nursery, and flowers market. Countries like Kenya and South Africa are investing in greenhouse technologies to improve production efficiency. The region's diverse climates allow for the cultivation of various flowers and plants, catering to both local markets and export opportunities. However, challenges such as water scarcity and infrastructure limitations can impact market growth.
Greenhouse, Nursery, And Flowers Market: Competitive Landscape
The report provides an in-depth analysis of companies operating in the greenhouse, nursery, and flowers market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.
Some of the major players in the global greenhouse, nursery, and flowers market include:
The global greenhouse, nursery, and flowers market is segmented as follows:
By Type
By Application
By Region
Based on statistics from the Market Research Store, the global greenhouse, nursery, and flowers market size was projected at approximately US$ 521.86 billion in 2023. Projections indicate that the market is expected to reach around US$ 1056.53 billion in revenue by 2032.
The global greenhouse, nursery, and flowers market is expected to grow at a Compound Annual Growth Rate (CAGR) of around 7.30% during the forecast period from 2024 to 2032.
Asia-Pacific is expected to dominate the global greenhouse, nursery, and flowers market.
Significant factors driving the global greenhouse, nursery, and flowers market include increasing consumer demand for ornamental plants, growing interest in sustainable and organic farming practices, advancements in greenhouse technologies, and the rising popularity of flowers in gifting and home decoration.
Some of the prominent players operating in the global greenhouse, nursery, and flowers market are; Color Spot Nurseries, Costa Farms, Altman Plants, Kurt Weiss Greenhouses, Rocket Farms, Dümmen Orange, Syngenta Flowers, Ball Horticultural Company, Floranica, The Scotts Miracle-Gro Company, Sakata Seed Corporation, PanAmerican Seed, East Jordan Plastics, Inc., Greenhouse Megastore, Anthura, Ammerlaan-Sosef, Netafim, Kubo Group, Rivulis Irrigation, Arcadia Biosciences Inc., and others.
Greenhouse, Nursery, And Flowers
Greenhouse, Nursery, And Flowers
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