Canada Horticulture Market to be Dominated by Fruits and Vegetables Segment Through 2028
Growing
demand for food from the rising population and supportive government policies
are factors driving Canada Horticulture market
in the forecast period 2024-2028.
According to TechSci Research report, “Canada Horticulture
Market- By Region, Competition, Forecast and Opportunities, 2028”, Canada horticulture market
size is anticipated to increase at a substantial rate in the forecast
period. The growing demand for organic and non-GMO produce is a significant
factor driving the growth of the Canadian horticulture market. With consumers
increasingly seeking out these products for their perceived health benefits and
environmental sustainability, the horticulture industry has responded by
expanding production of these crops. As this trend continues, the horticulture
market in Canada is poised for continued growth and success.
Furthermore, the
Canada horticulture market faces various challenges that impact its growth and
sustainability. Intense competition, a shortage of skilled workers, regulatory
environment policy, and supply chain disruptions are among the most significant
challenges faced by the industry. Canada's horticulture market faces intense
competition from imported produce, particularly from countries with lower labor
and production costs. This competition can make it difficult for Canadian
growers to compete on price and maintain market share. In addition, the
horticulture industry is heavily reliant on seasonal workers and labor
shortages have been a persistent challenge for growers in Canada. The shortage
of workers is due to factors such as aging demographics, fewer young people
entering the agricultural workforce, and changes to immigration policies.
Hence, such factors are creating significant impact on the market and impending
Canada horticulture market growth in the forecasted period.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on the "Canada Horticulture Market"
Canada
horticulture market is segmented based on cultivation types, applications,
propagation, and region.
Based on
the cultivation types, the market is categorized into flowers &
ornamentals, fruits & vegetables, nursery crops, and others. The fruit
& vegetables segment are expected to hold the largest market share in
the forecast period. The increasing demand for fruits & vegetables are dominating
cultivation types among Canadian farmers. Fruits and vegetables offer many
benefits for human health, such as vitamins, minerals, antioxidants, and fiber.
They contribute to food security, environmental sustainability, and economic
development. According to Statistics Canada, fruits accounted for 18.3%
of total farm cash receipts for edible horticulture in 2021, while vegetables
accounted for 25.7%. Some of the most popular fruits and vegetables
grown in Canada include apples, grapes, blueberries, cranberries, raspberries,
tomatoes, onions, spinach, lettuce, and asparagus.
Based on
application, the market is categorized into greenhouse, indoor farms, and
vertical farms. The greenhouse segment is expected to hold the largest market
share in the forecast period. The main reasons why greenhouse is dominating
application in Canada horticulture market is the climate. Canada has a cold and
harsh winter that limits the outdoor cultivation of crops. Greenhouse provides
a controlled and optimal environment for growing plants year-round, regardless
of the weather conditions. Greenhouses reduce the risk of pests and diseases
and improve the quality and yield of the produce. Greenhouse is therefore a
preferred choice for many farmers and consumers in Canada.
Major companies operating in the
Canada horticulture market are:
- The Fruit
and Vegetable Growers of Canada
- Flowers
Canada (Ontario) Inc.
- Even-Spray
& Chemicals Ltd.
- Koppert
B.V.
- JVK. Canada
- AxxonLab
Inc.
- Curry
Industries Ltd
- Penergetic
Canada
- Heartnut
Grove Inc.
- MS Gregson
Inc
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“The Canada horticulture market is expected to rise in forecasted period
owing to growing increased adoption of greenhouse products, the expansion of
sod area, the promotion, and export support from the government, and the rising
demand for ornamental plants for landscaping and gardening purpose. The
government of Canada has been supportive of the adoption of new technologies in
the horticulture industry. In recent years, the government has introduced
various initiatives and incentives to encourage the adoption of advanced
technologies, including tax breaks and subsidies for investment in technology
and innovation. Furthermore, technological advancements are driving
significant progress in the Canadian horticulture market, enabling producers to
optimize production, reduce environmental impact, and meet the growing demand
for fresh produce. As the industry continues to evolve, it is expected that new
technologies will emerge, further increasing the efficiency and sustainability
of horticulture production in Canada.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
Canada Horticulture Market By Cultivation Types (Flowers &
Ornamentals, Fruits & Vegetables, Nursery Crops, Others), By Applications (Greenhouse,
Indoor Farms, Vertical Farms), By Propagation (Vegetative, Seed, Breeding,
Layering & Cutting, Grafting, Others), By Region, Competition, Opportunity
and Forecast, 2028, has evaluated the future growth potential of Canada
horticulture market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Canada horticulture
market.”
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