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.Fast-growing: Reduced growing risks are promoting farmers to turn to under cover vegetable growing
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Costa Group Holdings Pty Ltd
- Flavorite Hydroponic Tomatoes Pty Limited
- Sundrop Farms Pty Ltd
- Como Glasshouse Investments Pty Ltd
Methodology
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