Report Overview

Increasing consumer demand for fresh and healthy produce, growing awareness about sustainable farming practices, rising urbanization leading to the popularity of indoor gardening, and government initiatives supporting the development of the horticulture industry are propelling the growth of Canada Horticulture Market during the forecast period between 2023 and 2029.

Canada Horticulture Market – Industry Trends & Forecast Report, 2029

Canada horticulture market size was estimated at USD 1.78 billion in 2022. During the forecast period between 2023 and 2029, the size of Canada horticulture market is projected to grow at a CAGR of 10.02% reaching a value of USD 3.17 billion by 2029. Major factor driving the growth of the Canada horticulture market is a growing demand for organic and locally sourced produce, driven by increasing consumer awareness of health and environmental concerns. This has led to a rise in urban farming, community-supported agriculture (CSA), and farmers' markets. Also, sustainable and eco-friendly practices are gaining momentum, with an emphasis on water conservation, efficient irrigation techniques, and integrated pest management. Further, there is a surge in indoor gardening and vertical farming, leveraging advanced technologies like hydroponics and aquaponics. The market is witnessing a shift toward ornamental plants and landscaping services, as Canadians are investing more in beautifying their homes and outdoor spaces.

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.

Growth Drivers

Rising Demand for Locally Sourced, Sustainable Produce

In recent years, the Canada horticulture market has experienced a significant growth driver in the form of increasing consumer demand for locally sourced, sustainable produce. With growing awareness of the environmental and health benefits of consuming fresh, locally grown fruits, vegetables, and plants, Canadians are increasingly seeking out horticulture products that are cultivated using sustainable farming practices. This shift in consumer preferences has prompted horticulture businesses across Canada to invest in innovative technologies and techniques such as vertical farming, hydroponics, and organic farming. Thus, the Canada horticulture market is witnessing a surge in both production and consumption, leading to increased revenues and a thriving industry.

Restraints

Navigating Climate Variability and Trade Restrictions

Canada's horticulture market faces significant challenges amidst climate variability and trade restrictions. The diverse and vast geography of the country, combined with unpredictable weather patterns, poses hurdles for growers and farmers. Extreme temperatures, frost, and unpredictable precipitation patterns impact crop yields and production schedules, making it difficult to maintain consistent supply. Trade restrictions imposed by international markets pose barriers to the export of Canadian horticultural products, limiting market opportunities and affecting the overall growth of the industry. Overcoming these challenges requires innovative farming practices, resilient crop varieties, and proactive government policies that support sustainable agriculture and promote trade agreements to enhance market access for Canadian horticulture.

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

Segmental Coverage

Canada Horticulture Market – By Cultivation type

On the basis of cultivation type, Canada horticulture market is bifurcated into Food Plant and Ornament Plant segments. The food plant segment is the largest cultivation type in terms of market share and significance. This segment focuses on the cultivation and production of plants that are primarily grown for their edible components, such as fruits, vegetables, herbs, and grains. The food plant segment plays a crucial role in meeting the food demands of the Canadian population and contributes significantly to the country's agricultural sector. It encompasses a wide range of crops and is essential for ensuring food security and promoting sustainable agriculture practices in Canada.

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.

Canada Horticulture Market – By Application

Based on application, Canada horticulture market is divided into Greenhouse, Vertical Farm, and Indoor Farms segments. These segments play a crucial role in the horticulture industry within Canada. Greenhouse farming involves the cultivation of plants in controlled environments, providing optimal conditions for growth. Vertical farms utilize vertical space to maximize crop yield, making them efficient in urban settings. Indoor farms use artificial lighting and climate control systems to grow plants indoors. These segments contribute significantly to Canada's horticulture sector, catering to the increasing demand for fresh produce and ensuring year-round availability of crops.

Competitive Landscape

Major players in the Canada horticulture 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). To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Million
Market Coverage	Canada
Product/ Service Segmentation	Cultivation Type, Propagation, Packaging, Application.
Key Players	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, Greenhouse Vegetable Growers (GVG).

 

By Cultivation Type

• Food Plant

• Ornament Plant

By Propagation

• Seed

• Vegetative

• Layering & Cutting

• Grafting

• Breeding

By Application

• Greenhouse

• Vertical Farms

• Indoor Farms

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Canada Horticulture Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing consciousness regarding sustainable crops
         2. Increasing penetration of sustainable horticulture practices
         3. Soaring deployment of greenhouse agricultural practices
      2. Restraints
         1. Limited land availability
         2. Surging requirements for significant investments
      3. Opportunities
         1. Increased government programs
         2. Advancement of Internet of Things (IoT)-enabled lighting systems
      4.  Challenges
         1. Regulatory compliance
         2. Pest and disease management
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Canada Horticulture Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Cultivation Type
         1.  Food Plant
         2. Ornament Plant
      2. By Propagation
         1. Seed
         2. Vegetative
         3. Layering & Cutting
         4. Grafting
         5. Breeding
         6. Others
      3. By Application
         1. Greenhouse
         2. Vertical Farms
         3. Indoor Farms
5. Competitive Landscape
   1. List of Key Players and Their Range
   2. Canada Horticulture Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Development (Merger, Acquisition, Partnership)
6. Impact of Covid-19 on Canada Horticulture Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
   1. Sunrite Greenhouses Ltd.
   2. Mucci Farms
   3. NatureFresh Farms
   4. Mastronardi Produce Ltd.
   5. Village Farms International Inc.
   6. Windset Farms
   7. Red Sun Farms
   8. BC Hot House Foods Inc.
   9. Quebec Hothouse
   10. Greenhouse Vegetable Growers (GVG)
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents
   5. Assumption & Limitation

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

List of Figures

 

Figure 1       Canada Horticulture Segmentation                                  

Figure 2       Canada Horticulture Market Value Chain Analysis                                

Figure 3       Company Market Share Analysis, 2022                            

Figure 4       Canada Horticulture Market Size, By Value (USD Million), 2019–2029

Figure 5       Canada Horticulture Market Share, By Cultivation Type, By Value, 2019–2029

Figure 6       Canada Horticulture Market Share, By Propagation, By Value, 2019–2029     

Figure 7       Canada Horticulture Market Share, By Application, By Value, 2019–2029

 

List of Tables      

 

Table 1        Canada Horticulture Market Size, By Cultivation Type, By Value, 2019–2029

Table 2        Canada Horticulture Market Size, By Propagation, By Value, 2019–2029

Table 3        Canada Horticulture Market Size, By Application, By Value, 2019–2029

Table 4        Sunrite Greenhouses Ltd. Company Overview

Table 5        Sunrite Greenhouses Ltd. Financial Overview

Table 6        Mucci Farms Company Overview

Table 7        Mucci Farms Financial Overview

Table 8        NatureFresh Farms Company Overview

Table 9        NatureFresh Farms Financial Overview

Table 10      Mastronardi Produce Ltd. Company Overview

Table 11      Mastronardi Produce Ltd. Financial Overview

Table 12      Village Farms International Inc. Company Overview

Table 13      Village Farms International Inc. Financial Overview

Table 14      Windset Farms Company Overview

Table 15      Windset Farms Financial Overview

Table 16      Red Sun Farms Company Overview

Table 17      Red Sun Farms Financial Overview

Table 18      BC Hot House Foods Inc. Company Overview

Table 19      BC Hot House Foods Inc. Financial Overview

Table 20      Quebec Hothouse Company Overview

Table 21      Quebec Hothouse Financial Overview

Table 22      Greenhouse Vegetable Growers Company Overview

Table 23      Greenhouse Vegetable Growers Financial Overview