Canada Horticulture Market

Canada Horticulture Market, By Cultivation Type (Food Plant, Ornament Plant); By Propagation (Seed, Vegetative, Layering & Cutting, Grafting, Breeding); By Application (Greenhouse, Vertical Farm, Indoor Farms); Trend Analysis, Competitive Landscape & Forecast, 2019–2029

Canada Horticulture Market Size Set to Reach USD 3.17 Billion by 2029

Canada horticulture market is flourishing due to increasing consumer demand for fresh and locally sourced produce, growing awareness about the health benefits of horticulture products, favorable government initiatives, advancements in technology, and the rising popularity of urban farming and sustainable gardening practices.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Canada horticulture market size at USD 1.78 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Canada horticulture market size is to grow at a CAGR of 10.02% reaching a value of USD 3.17 billion by 2029. Growing consumer knowledge of environmental and health issues is one of the main drivers propelling the expansion of the Canadian horticulture business. This awareness is also driving consumers to want more locally grown and organic products. As a result, urban farming, community-supported agriculture (CSA), and farmers' markets have increased. Also, environmentally friendly and sustainable practices are gaining popularity, with a focus on integrated pest management, effective irrigation methods, and water saving. There is a rise in vertical farming and indoor gardening, which take advantage of cutting-edge technology like hydroponics and aquaponics. As Canadians invest more in enhancing the beauty of their homes and outdoor areas, the market is shifting in favor of ornamental plants and landscaping services.

Canada Horticulture Market – Overview

Horticulture is the branch of agriculture that focuses on the cultivation, management, and study of plants, primarily those used for ornamental purposes, food production, and landscaping. It encompasses a wide range of activities, including growing fruits, vegetables, flowers, and herbs, as well as the maintenance of gardens, parks, and nurseries. Horticulture combines scientific knowledge and techniques with practical skills to maximize plant growth, improve crop yields, and enhance the aesthetic appeal of outdoor spaces. It involves various practices, such as plant propagation, pest control, soil management, and irrigation. Horticulture plays a vital role in providing food security, preserving biodiversity, and creating visually appealing landscapes for human enjoyment.

Impact of COVID-19 on Canada Horticulture Market

The COVID-19 pandemic significantly impacted the Canada horticulture market. As the virus spread and restrictions were imposed, the horticulture industry faced numerous challenges. Lockdowns and social distancing measures disrupted the supply chain, leading to labor shortages and difficulty in sourcing inputs. Retail sales were also affected as garden centers and nurseries faced temporary closures or reduced operations. However, there was an increased interest in home gardening and plant cultivation as people spent more time indoors. Online sales and direct-to-consumer models gained prominence. The horticulture market witnessed a shift in consumer preferences towards sustainable and locally sourced products. Despite the challenges, the industry demonstrated resilience and adapted to the evolving market conditions.

Canada Horticulture Market – By Propagation

By propagation, Canada horticulture market is divided into Seed, Vegetative, Layering & Cutting, Grafting, and Breeding segments. The seed segment dominates the market share. This segment involves the production and distribution of plants through the use of seeds. It encompasses activities such as seed collection, processing, and sales. The seed segment is crucial in horticulture as it serves as the foundation for plant growth and development. It allows for the cultivation of a wide variety of plants, including fruits, vegetables, and ornamental plants. Due to the diverse agricultural practices and consumer demand for different plant species, the seed segment holds significant importance and contributes significantly to the overall horticulture industry in Canada.

Competitive Landscape

Canada horticulture market is fiercely competitive. Major companies in the market include Sunrite Greenhouses Ltd, Mucci Farms, NatureFresh Farms, Mastronardi Produce Ltd, Village Farms International Inc., Windset Farms, Red Sun Farms, BC Hot House Foods Inc., Quebec Hothouse, and Greenhouse Vegetable Growers (GVG). These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Canada horticulture market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Canada Horticulture Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Canada Horticulture Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.