Greenhouse Horticulture Market size was over USD 39.41 billion in 2024 and is set to exceed USD 123.44 billion by the end of 2037, witnessing over 9.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of greenhouse horticulture is evaluated at USD 42.31 billion. The market growth is primarily attributed to the growing demand for food in the world which in turn is to boost the horticulture practices all across the world. By 2050, the amount of grains consumed for human consumption and animal feed is expected to increase to over 3 billion tons from the current level of about 2.1 billion tons.
Apart from grains, and cereals, the demand for fruits and vegetables is also rising, therefore countries are expediting the fruit and vegetable production, which is expected to augment the greenhouse horticulture market growth. as greenhouse provides suitable environment for their successful growth. As of 2022, the fruit production by China was 150,000 million metric tons and nearly 83,000 million metric tons was produced in India. Furthermore, government efforts to plant more trees is to also anticipated the market growth. The state government of Uttar Pradesh, India, has aimed to increase the green coverage in the region by 15% till 2030, moreover, they also aim to plant 35 crore trees in 2022.
Author Credits: Nilanjana Ray
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