{"id":643743,"date":"2023-03-22T16:14:01","date_gmt":"2023-03-22T16:14:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=643743"},"modified":"2023-03-22T16:14:01","modified_gmt":"2023-03-22T16:14:01","slug":"greenhouse-horticulture-market-worth-us-483-billion-by-2028-exclusive-report-by-imarc-group","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/greenhouse-horticulture-market-worth-us-483-billion-by-2028-exclusive-report-by-imarc-group_643743.html","title":{"rendered":"Greenhouse Horticulture Market Worth US$ 48.3 Billion by 2028 – Exclusive Report by IMARC Group"},"content":{"rendered":"
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Greenhouse Horticulture Market 2023-2028<\/div>\n<\/div>\n<\/div>\n
The global market is majorly driven by considerable growth in the agricultural sector.<\/div>\n

According to the recent report by IMARC Group, titled “Greenhouse Horticulture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028<\/strong>,” The global greenhouse horticulture market size reached US$ 28.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.<\/p>\n

Industry Definition and Application:<\/strong><\/p>\n

Greenhouse horticulture<\/a> is an agricultural system that involves growing crops within a transparent structure, allowing for a customized growth environment for the plants. It requires significant input from growers to provide modified growing conditions and efficiently protect plants from pests, diseases, and unfavorable weather conditions. Since it enables the production of off-season crops throughout the year by providing specific climatic conditions necessary for yielding high-quality crops in large quantities, greenhouse horticulture is gaining immense traction across the globe.<\/p>\n

Request Free Sample Report: <\/strong>https:\/\/www.imarcgroup.com\/greenhouse-horticulture-market\/requestsample<\/a><\/p>\n

Trends in Greenhouse Horticulture Industry<\/strong><\/p>\n

The global greenhouse horticulture market is primarily driven by the launch of IoT-enabled lighting systems. Moreover, there has been escalating demand for greenhouse horticulture as light plays a critical role in crop yield improvement. Additionally, the integration of machine learning (ML) solutions with greenhouse horticulture help collect required data in an organized manner, which has catalyzed market growth. Besides this, the rising focus on sustainable horticulture practices and shifting farming practices are other major growth-inducing factors. Furthermore, the widespread adoption of robotic scouting systems and protected crop cultivation solutions in agricultural practices are contributing to market growth. Other factors, including ongoing research and development (R&D) activities, favorable government policies, and rapid growth of the agricultural sector, are also anticipated to drive the market further.<\/p>\n

Key Market Segmentation:<\/strong><\/p>\n

Our report has categorized the market based on region, material type, crop type and technology.<\/p>\n

Breakup by Material Type:<\/strong><\/p>\n