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Home › Industry Metrics › NAICS 111421

NAICS 111421 - Nursery and Tree Production

NAICS 111421 - NURSERY AND TREE PRODUCTION
NAICS 111421 Nursery and Tree Production NAICS 111422 Floriculture Production
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This U.S. industry comprises establishments primarily engaged in (1) growing nursery products, nursery stock, shrubbery, bulbs, fruit stock, sod, and so forth, under cover or in open fields and/or (2) growing short rotation woody trees with a growth and harvest cycle of 10 years or less for pulp or tree stock.

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This U.S. industry comprises establishments primarily engaged in (1) growing nursery products, nursery stock, shrubbery, bulbs, fruit stock, sod, and so forth, under cover or in open fields and/or (2) growing short rotation woody trees with a growth and harvest cycle of 10 years or less for pulp or tree stock.

Explore the industry hierarchy

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NAICS 11 Agriculture, Forestry, Fishing and Hunting
NAICS 111 Crop Production
NAICS 1114 Greenhouse, Nursery, and Floriculture Production
NAICS 11142 Nursery and Floriculture Production
NAICS 111421 Nursery and Tree Production
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Industry trends

Nursery and tree production under NAICS 111421 is experiencing several notable qualitative trends that emphasize sustainable practices, technological advancements, and consumer preferences. One significant trend is the growing consumer demand for native and pollinator-friendly plants, as environmental awareness increases. This shift is pushing nurseries to diversify their plant offerings to include more eco-friendly options.

Technological integration is another critical trend, with the adoption of precision agriculture tools such as drones and sensors that monitor plant health, soil conditions, and irrigation needs. This technology helps optimize resource use and improves yield quality. The integration of e-commerce is also expanding, providing consumers with greater access to plant products while allowing producers to tap into broader markets.

Forecasts for the near future suggest an accelerated focus on sustainability and climate resilience. We can expect more nurseries adopting organic and regenerative farming practices to meet consumer demand for greener products. Additionally, advancements in biotechnology, such as the development of more resilient plant varieties, will continue to influence the industry. Finally, there's an anticipated increase in the incorporation of smart greenhouse technologies, which use AI and IoT to create more controlled and efficient growing environments.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 20%

Loan Failure Rate 10%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 69%

Total Companies in this Industry 614
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Explore related industries

  • NAICS 111421 Nursery and Tree Production
  • NAICS 321999 All Other Miscellaneous Wood Product Manufacturing
  • NAICS 333111 Farm Machinery and Equipment Manufacturing
  • NAICS 511199 All Other Publishers
  • View all related industries

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