
Horticulture Market Size, Share, and Analysis, By Cultivation Type (Food Plant (Fruit, Nut Crop, Vegetable, Others), Ornament Plant (Flowers, Turf, Others)), By Propagation (Seed, Vegetative, Layering & Cutting, Grafting, Breeding, Others), By Application
Description
Horticulture Market Size, Share, and Analysis, By Cultivation Type (Food Plant (Fruit, Nut Crop, Vegetable, Others), Ornament Plant (Flowers, Turf, Others)), By Propagation (Seed, Vegetative, Layering & Cutting, Grafting, Breeding, Others), By Application (Greenhouse, Vertical Farms, Indoor Farms) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Horticulture Market is expected to achieve a 10.2% CAGR during the forecast period (2024-2034). The market was valued at USD 24.9 billion in 2023 and is projected to reach USD 73 billion by 2034.
Horticulture involves the scientific and artistic cultivation of fruits, vegetables, nuts, seeds, herbs, sprouts, mushrooms, algae, and non-edible plants like grass and ornamental trees. It encompasses the cultivation of plants for food, aesthetics, and various other purposes. Techniques in horticulture, such as greenhouse farming, hydroponics, and vertical agriculture, are employed to enhance plant growth and crop productivity. Key areas of focus include propagation methods (like seed planting and grafting) and their applications (such as in greenhouse and indoor agriculture). Despite challenges like climate change and high investment costs, horticulture promotes sustainable farming by offering fresh crops and enhancing urban green spaces.
MARKET HIGHLIGHTS
Horticulture market is expected to reach USD 73 billion, with a projected growth rate of 10.2% during the forecast period. This growth is attributed to the increasing consumer demand for fresh, organic produce and a growing focus on health consciousness. Technological advancements, such as greenhouse automation and vertical farming, are improving efficiency and productivity. Urbanization has led to a demand for space-efficient farming solutions, attracting interest in indoor and vertical gardens. Sustainability trends are also driving the market, as eco-friendly practices become more widespread. Government incentives and investments in agricultural innovation are further supporting the expansion of this sector. Looking ahead, the market is set for continuous growth due to ongoing technological advancements, the rise of urban agriculture, and continued consumer preference for local and fresh products.
Horticulture Market Segments:
Growth Drivers
Rising Demand for Fresh and Organic Produce
Innovations in Cultivation Methods
Restraint
Climate Change Can Impact Crops Yields and Quality Hindering Market Growth
Key Players
PRODUCT OVERVIEW
Horticulture Market is expected to achieve a 10.2% CAGR during the forecast period (2024-2034). The market was valued at USD 24.9 billion in 2023 and is projected to reach USD 73 billion by 2034.
Horticulture involves the scientific and artistic cultivation of fruits, vegetables, nuts, seeds, herbs, sprouts, mushrooms, algae, and non-edible plants like grass and ornamental trees. It encompasses the cultivation of plants for food, aesthetics, and various other purposes. Techniques in horticulture, such as greenhouse farming, hydroponics, and vertical agriculture, are employed to enhance plant growth and crop productivity. Key areas of focus include propagation methods (like seed planting and grafting) and their applications (such as in greenhouse and indoor agriculture). Despite challenges like climate change and high investment costs, horticulture promotes sustainable farming by offering fresh crops and enhancing urban green spaces.
MARKET HIGHLIGHTS
Horticulture market is expected to reach USD 73 billion, with a projected growth rate of 10.2% during the forecast period. This growth is attributed to the increasing consumer demand for fresh, organic produce and a growing focus on health consciousness. Technological advancements, such as greenhouse automation and vertical farming, are improving efficiency and productivity. Urbanization has led to a demand for space-efficient farming solutions, attracting interest in indoor and vertical gardens. Sustainability trends are also driving the market, as eco-friendly practices become more widespread. Government incentives and investments in agricultural innovation are further supporting the expansion of this sector. Looking ahead, the market is set for continuous growth due to ongoing technological advancements, the rise of urban agriculture, and continued consumer preference for local and fresh products.
Horticulture Market Segments:
- By Cultivation Type
- Food Plant
- Fruit
- Nut Crop
- Vegetable
- Others
- Ornament Plant
- Flowers
- Turf
- Others
- By Propagation
- Seed
- Vegetative
- Layering & Cutting
- Grafting
- Breeding
- Others
- By Application
- Greenhouse
- Vertical Farms
- Indoor Farms
Growth Drivers
Rising Demand for Fresh and Organic Produce
Innovations in Cultivation Methods
Restraint
Climate Change Can Impact Crops Yields and Quality Hindering Market Growth
Key Players
- Certhon
- Argus Control System Ltd.
- Dalsem
- Heliospectra AB
- Agra Tech Inc.
- Hort Americas
- Keder Greenhouse
- Richel Group
- Logiqs BV
- Lumigrow
- Netafim Ltd.
- Priva Holding BV
- Top Greenhouses Ltd.
- Ridder Holding Harderwijk BV
- Rough Brothers Inc
- Other Prominent Players
- (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
580 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Horticulture Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2. Horticulture Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Horticulture Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1. Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10. Horticulture Market
- 10.1. Overview
- 10.2. Historical Analysis (2019-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Horticulture Market Size & Forecast 2024 A-2034 F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Cultivation Type
- 11.3.1.1. Food Plant
- 11.3.1.1.1. Fruit
- 11.3.1.1.1.1. By Value (USD Million) 2024-2034 F
- 11.3.1.1.1.2. Market Share (%) 2024-2034 F
- 11.3.1.1.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.1.2. Nut Crop
- 11.3.1.1.2.1. By Value (USD Million) 2024-2034 F
- 11.3.1.1.2.2. Market Share (%) 2024-2034 F
- 11.3.1.1.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.1.3. Vegetable
- 11.3.1.1.3.1. By Value (USD Million) 2024-2034 F
- 11.3.1.1.3.2. Market Share (%) 2024-2034 F
- 11.3.1.1.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.1.4. Others
- 11.3.1.1.4.1. By Value (USD Million) 2024-2034 F
- 11.3.1.1.4.2. Market Share (%) 2024-2034 F
- 11.3.1.1.4.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.2. Ornament Plant
- 11.3.1.2.1. Flowers
- 11.3.1.2.1.1. By Value (USD Million) 2024-2034 F
- 11.3.1.2.1.2. Market Share (%) 2024-2034 F
- 11.3.1.2.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.2.2. Turf
- 11.3.1.2.2.1. By Value (USD Million) 2024-2034 F
- 11.3.1.2.2.2. Market Share (%) 2024-2034 F
- 11.3.1.2.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.2.3. Others
- 11.3.1.2.3.1. By Value (USD Million) 2024-2034 F
- 11.3.1.2.3.2. Market Share (%) 2024-2034 F
- 11.3.1.2.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2. By Propagation
- 11.3.2.1. Seed
- 11.3.2.1.1. By Value (USD Million) 2024-2034 F
- 11.3.2.1.2. Market Share (%) 2024-2034 F
- 11.3.2.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.2. Vegetative
- 11.3.2.2.1. By Value (USD Million) 2024-2034 F
- 11.3.2.2.2. Market Share (%) 2024-2034 F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.3. Layering & Cutting
- 11.3.2.3.1. By Value (USD Million) 2024-2034 F
- 11.3.2.3.2. Market Share (%) 2024-2034 F
- 11.3.2.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.4. Grafting
- 11.3.2.4.1. By Value (USD Million) 2024-2034 F
- 11.3.2.4.2. Market Share (%) 2024-2034 F
- 11.3.2.4.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.5. Breeding
- 11.3.2.5.1. By Value (USD Million) 2024-2034 F
- 11.3.2.5.2. Market Share (%) 2024-2034 F
- 11.3.2.5.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.6. Others
- 11.3.2.6.1. By Value (USD Million) 2024-2034 F
- 11.3.2.6.2. Market Share (%) 2024-2034 F
- 11.3.2.6.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3. By Application
- 11.3.3.1. Greenhouse
- 11.3.3.1.1. By Value (USD Million) 2024-2034 F
- 11.3.3.1.2. Market Share (%) 2024-2034 F
- 11.3.3.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.2. Vertical Farms
- 11.3.3.2.1. By Value (USD Million) 2024-2034 F
- 11.3.3.2.2. Market Share (%) 2024-2034 F
- 11.3.3.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.3. Indoor Farms
- 11.3.3.3.1. By Value (USD Million) 2024-2034 F
- 11.3.3.3.2. Market Share (%) 2024-2034 F
- 11.3.3.3.3. Y-o-Y Growth (%) 2024-2034 F
- 12. North America Horticulture Market Size & Forecast 2024 A-2034 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Cultivation Type
- 12.3.2. By Propagation
- 12.3.3. By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13. Europe Horticulture Market Size & Forecast 2024 A-2034 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Cultivation Type
- 13.3.2. By Propagation
- 13.3.3. By Application
- 13.4. Country
- 13.4.1. Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia-Pacific Horticulture Market Size & Forecast 2024 A-2034 F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Cultivation Type
- 14.3.2. By Propagation
- 14.3.3. By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa Horticulture Market Size & Forecast 2024 A-2034 F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Cultivation Type
- 15.3.2. By Propagation
- 15.3.3. By Application
- 15.4. Country
- 15.4.1. Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4. South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Horticulture Market Size & Forecast 2024 A-2034 F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Cultivation Type
- 16.3.2. By Propagation
- 16.3.3. By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2023
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. Certhon
- 18.1.1. Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Argus Control System Ltd.
- 18.3. Dalsem
- 18.4. Heliospectra AB
- 18.5. Agra Tech Inc.
- 18.6. Hort Americas
- 18.7. Keder Greenhouse
- 18.8. Richel Group
- 18.9. Logiqs BV
- 18.10. Lumigrow
- 18.11. Netafim Ltd.
- 18.12. Priva Holding BV
- 18.13. Top Greenhouses Ltd.
- 18.14. Ridder Holding Harderwijk BV
- 18.15. Rough Brothers Inc
- 18.16. Other Prominent Players
- 19. Appendix
- 20. Consultant Recommendation
Pricing
Currency Rates
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