Under Cover Vegetable Growing in Australia - Industry Market Research Report

Under Cover Vegetable Growing in Australia - Industry Market Research Report

Under Cover Vegetable Growing in Australia

The Under Cover Vegetable Growing industry has performed strongly over the five years through 2022-23. Under cover vegetables are grown in controlled environments and depend less on weather conditions and seasonal changes than field-grown vegetables. Controlled growing environments such as greenhouses generate greater yields, more consistent supply and faster growth than outdoor alternatives. The reduced risks associated with under cover vegetable growing have driven an underlying shift in farm types from outdoor to under cover vegetable production. Revenue is expected to rise at an annualised 3.1% over the five years through 2022-23, to an estimated $960.1 million. This includes a forecast rise of 5.0% in 2022-23, driven by continued growth in domestic vegetable prices.

Industry operators grow vegetables in greenhouses, cold frames, cloth houses and lath houses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.