Controlled Environment Horticulture: Where Plant Biotechnology Meets Sustainable Future

Economics and Market of Controlled Environment Horticulture (CEH)

Author(s): Sherif Babatunde Adeyemi*, Ibrahim Ajadi*, Ahmed Abiodun Saliu and Kazeem Bello

Pp: 225-237 (13)

DOI: 10.2174/9798898810429125010020

* (Excluding Mailing and Handling)

Abstract

Controlled Environment Horticulture (CEH) is reshaping modern agriculture through its focus on sustainable food production and efficient resource management. This chapter provides an extensive exploration of the economic and market dynamics of CEH, underscoring its diverse revenue streams, including both fresh produce and value-added products. Despite its potential, CEH is hindered by substantial initial capital requirements and high operational costs, presenting significant entry barriers. Government policies, subsidies, and financial incentives are critical in alleviating these financial challenges, promoting innovation, and supporting sector expansion. The market is increasingly influenced by growing consumer demand for organic and premium products, especially in urban centers with heightened demand for such offerings. In this competitive environment, success relies on strategic approaches such as differentiation, cost leadership, and technological innovation. A deep understanding of these economic factors is essential for overcoming challenges and capitalizing on opportunities, ensuring


Keywords: Controlled environment, Cost analysis, Economics, Finance, Global market, Horticulture, Regulations, Revenue, Trade, Value-added products.

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