Greenhouse horticulture on the rise in Belgium
The highest revenue generating product was tomato, accounting for 180 million euros a year. Strawberry and bell pepper generated 117 million euros and 37 million euros. In terms of acreage, lettuce covers 740 hectares followed by tomato covering 522 hectares. 30 percent of the acreage was more than 20 years old and more than 40 percent of acreage was between 10 to 20 years old in 2012.
Upscaling drives the growth in greenhouse horticulture market. Less than 10 percent of tomato nurseries were bigger than 4 hectares in 2007. The percentage increased up to 46 percent in 2013. Netherlands is the leading country in the greenhouse horticulture industry. Dutch investors are investing in large-scale projects in Belgium. In the Netherlands, less equity capital is required, but in Belgium, huge equity capital is needed for investment. Kevin Pittoors, business manager at Pitoma said about his new company, “We don’t have horticulture regions like in the Netherlands. You have to find a piece of land yourself, apply for permits, take care of utilities. That has meant the preparation process took quite a while.”
Many studies have been done that analyze the changing market dynamics of the greenhouse horticulture industry. Recently, Big Market research has added a report titled “Global Greenhouse Horticulture Market 2015-2019.” As per the report, the global greenhouse horticulture market is expected to grow at a CAGR of 8.4% from 2014 to 2019. The report offers an in-depth analysis of detailed segmentation, competitive landscape, key drivers & challenges, and the development trend of the industry.
For more information:
Big Market Research
Aarti Murkute
aarti@bigmarketresearch.com
www.bigmarketresearch.com