The Latin America Greenhouse Horticulture market is expected to be having the major share by the end of 2026 with a compound annual growth rate of 11% during the forecast period of 2022 - 2027. In general, the greenhouse can control external parameters such as light, temperature, humidity and carbon dioxide emissions.
Due to the coronavirus pandemic, all the companies have suffered from gaps in production and demand, supply chain and market disruption, and financial loss. Almost all the companies have halted their production units due to the strict lockdown regulations imposed by the government authorities.
With the recent government approvals, the manufacturing units have been started, leading to the supply chain and helping them to recover from their financial crisis.
In the Latin America Greenhouse Horticulture market, the companies related to the market were expecting that the industry will witness some profits due to the rising need for healthy food that is free of chemicals in the area. Also, increasing demand for protected crop cultivation as well as the rising need for extending the seasonal crops in order to feed the growing population propels the growth of the revenue in the Latin American region.
Latin America Greenhouse Horticulture Market Drivers:
The market value is expected to increase more during the forecast period due to the rising demand for healthy food that is free from all toxic and harmful, which promotes the growth of the market in the Latin America region. Urbanization and faster adoption of advanced technologies are some of the driving factors that helps the growth of the market of greenhouse horticulture in the Latin America region.
One of the major driving factors of the Latin America Greenhouse Horticulture market is the increasing demand for protected crop cultivation across the area as well as the rising need for extending the seasonal crops in order to feed the burgeoning population and protect them from adverse climatic conditions and pests helps the growth of the market of Latin America Greenhouse Horticulture market.
Challenges:
Strict regulations from the government authorities is one of the major restraints affecting the growth of the Latin America Greenhouse Horticulture market. Another major limitation to the development of the market of Greenhouse Horticulture in Latin America is the availability of alternative products in the area.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
11% |
Segments Covered |
By Covering Material, By Application, By Product |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
Brazil, Mexico, Argentina |
Market Leaders Profiled |
Richel Group, Hoogendoorn Growth Management B V, Certhon Inc, Dalsem Horticulture Projects B V, HortiMaX B V, Harnois Greenhouses, Priva B V, Ceres Greenhouse Solutions, Certhon, Van Der Hoeven, Oritech solutions, Netafim Ltd, Ridder Holding Harderwijk B V, Rough Brothers Inc, Top Greenhouses Ltd, and others. |
Market Segmentation:
Greenhouse films
Among these, the glass greenhouse segment accounted for the major share of the market.
Among these, the edibles segment held a prominent share in the worldwide market.
Regional Analysis:
Latin America Greenhouse Horticulture market is growing because of the increasing need for healthy food that is free from all toxic foods in the area. Also, increasing demand for protected crop cultivation in the nations like Argentina, Mexico, etc., in order to feed the growing population propels the growth of the revenue rate in Latin American region. The region is also estimated to hold a significant share in the market during the forecast period.
Key Players:
Some of the key players of the Greenhouse Horticulture market are Ridder Holding Harderwijk B V, Rough Brothers Inc, Harnois Greenhouses, Priva B V, Ceres Greenhouse Solutions, Certhon, Richel Group, Hoogendoorn Growth Management B V, Certhon Inc, Dalsem Horticulture Projects B V, HortiMaX B V, Van Der Hoeven, Oritech solutions, Netafim Ltd.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]