Global Polyhouse Farming Market Size, Share, Opportunities, And Trends By Crop Type (Fruits, Vegetables, Flowers And Ornamentals, Herbs And Medicinal Plants), By Component (Hardware, Software And Automation Solutions, Consulting And Support Services), And By Geography - Forecasts From 2024 To 2029

Polyhouse farming is a modern agriculture farming method that consists of growing crops in a controlled environment. Polyhouse farming makes use of polyethylene as a major component in place of glass, which is commonly used in greenhouse farming. It is similar to greenhouse farming, with the major differences being the lower costs for setup and maintenance. This farming is expected to play a major role in the increase of the agriculture industry, with major players such as India leading the global polyhouse farming market.

Introduction:

The global polyhouse farming market is expected to witness significant growth during the forecasted period of 2024-2029 due to several factors, such as the wide range of benefits of polyhouse farming, coupled with the increased demand for fresh produce in the market.

Market Drivers:

• Benefits: Polyhouse farming is known to be similar to greenhouse farming, with the major difference being that instead of glass, polyethylene is used as a fundamental component. This farming is known to be ideal for a wide variety of crops, which includes fruits such as raspberries, strawberries, muskmelons, peaches, papaya, grapes, pomegranate, and bananas, and vegetables such as capsicum, tomatoes, chillis, Japanese cucumber, and veggies with leaves. It is also known to be used for farming flowers and nursery plants such as chrysanthemums, gerbera, orchids, roses, carnations, cacti, exotic, colourful plants, small-sized species, interior decorative plants, and many others.

The wide range of benefits that polyhouse farming provides attracts customers in the market. The several benefits include a controlled environment, no seasonal restriction, reduced pests, insects, and illnesses, low weather interference, a sanitized environment, efficient supply of fertilizers, increased agricultural produce, simplified crop harvesting, and ease of growing plants. Polyhouse farms are known to have better light transmission when compared to greenhouse farming, due to the UV stabilizing and anti-condensation qualities provided by polyethylene films used in polyhouse farming. 

It is also cost-efficient since the materials used for designing polyhouses are lightweight and durable. Therefore, the large number of benefits acquired from polyhouses is expected to be a driving force in the increase in the production of fresh produce in the market, further driving the polyhouse farming market growth during the forecasted period.

• Increasing demand for fresh produce: The rise in demand for fresh produce plays a major role in the global polyhouse farming market growth during the forecasted period. The rise in demand for fresh produce can also be linked to the increasing number of health-conscious consumers in the market and the increase in the vegan population worldwide.  Polyhouse farming is best known for being a reliable farming method for producing fresh fruits and vegetables, due to its cost efficiency and efficient supply of water and other resources such as fertilizers.

It is also known to increase yield in a limited area of space, making it an attractive option to farmers in the market with limited funds. Therefore, as the demand for fresh produce increases, farmers are expected to opt for polyhouse farming. For instance, the Ministry of Foreign Affairs states that Europe is one of the largest importers of fresh fruits and vegetables worldwide. Vegetable imports displayed a growth with a CAGR of 1.5% in 2018-2022, which accounted for an increase from 24.1 million tonnes in 2018 to 25.6 million tonnes in 2022. It was also stated that Europe imports 55 million tonnes of fruits and vegetables per year. This increase in demand for fresh produce, leading farmers to choose efficient and effective farming methods in the market, drives the polyhouse farming market growth.

Key Players:

• Netafim: A global leader that is known for its drip and micro-irrigation solutions, offering a wide range of precision irrigation solutions for land, water, and food scarcity.
• AeroFarms: A sustainable indoor agriculture solutions company that is known for specializing in vertical farming.

Regional Analysis:

The Asia Pacific region is expected to witness significant growth in the polyhouse farming market during the forecast period of 2024-2029. The factors that affect the market growth is the increasing demand for fresh fruits and vegetables in the market. The Asia Pacific market is considered to be one of the largest and most stable markets for fresh fruits and vegetables. The increase in demand for fresh fruits and vegetables is expected to further increase the polyhouse farming market growth since polyhouse farming provides a wide range of benefits, which include farming higher yields in a limited space.

Polyhouse farming is known to be an ideal form of farming for fruits and vegetables, which includes raspberries, strawberries, muskmelons, peaches, papaya, grapes, pomegranate, banana, capsicum, tomatoes, chillis, Japanese cucumber, and veggies with leaves. As per the Agricultural and Processed Food Products Export Development Authority (APEDA) of India, India ranks as one of the largest producers of fresh fruits and vegetables worldwide. China is the top leader in production, followed by India in second. As of 2022-23, India’s fresh fruits and vegetables accounted for an export of Rs. 13185.30 crores (US$1635.95 million), which further accounted for Rs. 6,219.46 crores (US$770.70 million) in the fruits category and Rs. 6,965.83 crores US$865.24 million) in the vegetable category. It was also stated that India had accounted for an estimated production of 107.24 million metric tonnes of fruits and 204.84 million metric tonnes of vegetables.

Nations such as China and India in the global fresh produce market make the Asia Pacific a leader in the global polyhouse market, due to the increasing relevance of fresh produce in polyhouse farming, Therefore, the Asia Pacific is expected to hold the largest share in the market and is expected to display an increase in growth along with the increase in demand for fresh produce during the forecasted period of 2024-2029.

Segmentation:

• By Crop Type:
  • Fruits
  • Vegetables
  • Flowers and Ornamentals
  • Herbs and Medicinal Plants
• By Component:
  • Hardware
  • Software and Automation Solutions
  • Consulting and Support Services
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others