According to the research report titled ‘Global Greenhouse Horticulture Market Size study with COVID-19 impact, by Covering Material (Glass Greenhouse, Plastic Greenhouse, Others), by Application (Vegetables, Fruits, Ornamental, Others) and Regional Forecasts 2020-2027‘, available with Market Study Report, global greenhouse horticulture market was valued at USD 30 billion in 2019 and is expected to witness a CAGR of 9% during 2020-2027.
 

Greenhouse horticultural has several benefits as compared to traditional farming such as enhanced crop quality, and optimized use of productive resources, which results in production of healthier crops, hence propelling the market growth. Other advantages such as crop protection from diseases and pests, alongside presence of desirable weather conditions are fueling global greenhouse horticulture market outlook.
 

Moreover, increasing production of horticulture crops, surging government expenditure to support the adoption of greenhouse technology, and rising food demand are additional factors likely to contribute to global greenhouse horticulture market revenues in the coming years.
 

Notably, greenhouse horticulture is a practice of producing crops in a customized way according to the crop requirements in an organized shelter. The setup is made up of transparent material such as glass, plastic, polycarbonate rigid plastic acrylic, polyvinyl chloride, or others.
 

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Increasing prevalence of COVID-19 has caused decline in production and disruptions in supply. Consequently, greenhouse owners are recommended to spend time and resources towards development of innovative greenhouse technology for stimulating crop production in the coming years, which will  create opportunities for global greenhouse horticulture industry outlook.
 

On the contrary, presence of highly soluble salts in agricultural water, and scarcity of cold storage facilities are expected to hamper global greenhouse horticulture market growth during the forecast period.  
 

Based on application scope, global greenhouse horticulture industry is segmented into ornamental, vegetables, fruits, and others. With regards to the covering material, the market is bifurcated into plastic greenhouse, glass greenhouse, and others.
 

Regionally, Europe was the key contributor of global greenhouse horticulture market in terms revenue in the recent past. Rising utilization of greenhouse technology for the horticulture crop production owing to unfavorable weather conditions in the region are swaying the business dynamics.
 

Meanwhile, Asia Pacific greenhouse horticulture market is anticipated to witness the highest growth rate over 2020-2027, mainly due to emergence of greenhouse farming techniques and increasing demand for food due to rising population in countries, such as China and India. 
 

Major players operating in global greenhouse horticulture market include Richel Group, Hoogendoorn Growth Management BV, Priva B.V., Certhon – Greenhouse Solutions, Dalsem Horticultural Projects B.V., Ceres Greenhouse Solutions, HortiMaX B.V., Van der Hoeven, and Harnois Greenhouses.