Global Greenhouse Tomato Market Size To Exceed USD 8.96 Billion By 2033 | CAGR of 6.46%
Category: Food & BeveragesGlobal Greenhouse Tomato Market Size To Exceed USD 8.96 Billion By 2033
According to a research report published By Spherical Insights & Consulting, the Global Greenhouse Tomato Market Size is Expected to Grow from USD 4.79 Billion in 2023 to USD 8.96 Billion By 2033, at a CAGR of 6.46% during the Forecast period 2023-2033.
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Browse key industry insights spread across 230 pages with 102 Market data tables and figures & charts from the report on the "Global Greenhouse Tomato Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Cherry Tomatoes, Beefsteak Tomatoes, Heirloom Tomatoes, Roma Tomatoes, Grape Tomatoes), By Application (Fresh Consumption, Salads, Cooking, Sauces, Food Processing), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Farmers’ Markets, Specialty Stores), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/greenhouse-tomato-market
The greenhouse tomato industry is a sector of the tomato business that specializes in producing tomatoes inside controlled, enclosed spaces called greenhouses. These buildings, which are usually constructed of glass or plastic, provide for the precise manipulation of environmental factors like temperature, humidity, light, and water, making it possible to grow year-round irrespective of exterior weather. Moreover, greenhouses give the potential for temperature, humidity, and light controls, enabling maximum growing conditions and improved yields under all seasons. Demand for fresh, high-quality tomatoes is growing among consumers. Greenhouse tomatoes tend to be perceived as superior since they have a uniform appearance, flavor, and texture. However, establishing a greenhouse entails extensive capital in terms of infrastructure, such as the greenhouse building, climate control equipment, watering systems, and other technologies. This initial high capital outlay may be a disadvantage for small farmers or new market entrants. The industry is also confronted with competition from open-field production of tomatoes, particularly in climatically favorable areas for tomato growing. Open-field tomatoes are commonly viewed as natural and may be cheaper, which poses a difficulty for greenhouse producers to compete based on price.
The cherry tomatoes segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the greenhouse tomato market is divided into cherry tomatoes, beefsteak tomatoes, heirloom tomatoes, roma tomatoes, and grape tomatoes. Among these, the cherry tomatoes segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to cherry tomatoes being extremely popular with consumers because of their sweet taste, ease of use, and flexibility in salads, snacking, and garnishes. They are small and visually appealing, which makes them a retail favorite.
The fresh consumption segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the greenhouse tomato market is divided into fresh consumption, salads, cooking, sauces, and food processing. Among these, the fresh consumption segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven due to fresh tomatoes being consumed in numerous meals, from sandwiches and salads to garnishes and snacks. The versatility increases their demand, particularly for greenhouse crops such as cherry and grape tomatoes, which tend to be consumed raw.
The supermarkets/hypermarkets segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the greenhouse tomato market is divided into supermarkets/hypermarkets, online retail, farmers' markets, and specialty stores. Among these, the supermarkets/hypermarkets segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to supermarkets and hypermarkets usually stocking different types of tomatoes, which exposes consumers to numerous options for their requirements. The diversity renders it more attractive for customers to buy greenhouse tomatoes from these supermarkets.
Europe is expected to hold the majority share of the global greenhouse tomato market during the forecast period.
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Europe is expected to hold the majority share of the global greenhouse tomato market during the forecast period. Greenhouse tomatoes are well consumed throughout Europe because of the continent's established retail infrastructure, strong demand for fresh, high-quality products, and emphasis on sustainability and innovation in agriculture.
Asia Pacific is anticipated to grow at the fastest pace in the global greenhouse tomato market during the forecast period. The Asia-Pacific region is experiencing fast development in greenhouse tomato farming with increased urbanization, better living standards, and increased demand for fresh, high-quality produce.
Major vendors in the global greenhouse tomato market are Village Farms International Inc., NatureFresh Farms, Mastronardi Produce Ltd., Houweling's Tomatoes, Mucci Farms, Sunset Grown, Red Sun Farms, Windset Farms, Pure Hothouse Foods Inc., Eurofresh Farms, Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2024, Hazera opened a new high-tech R&D greenhouse in Made, Netherlands, which is a major milestone in its aim to be at the forefront of the high-tech tomato market. The almost 5-hectare complex, adjacent to Hazera's headquarters, will be used as a sophisticated research and development center.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the greenhouse tomato market based on the below-mentioned segments:
Global Greenhouse Tomato Market, By Product Type
- Cherry Tomatoes
- Beefsteak Tomatoes
- Heirloom Tomatoes
- Roma Tomatoes
- Grape Tomatoes
Global Greenhouse Tomato Market, By Application
- Fresh Consumption
- Salads
- Cooking
- Sauces
- Food Processing
Global Greenhouse Tomato Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Online Retail
- Farmers’ Markets
- Specialty Stores
Global Greenhouse Tomato Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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