The Latin America manufactured soil (soil blends & mixes) market size is expected to reach USD 0.79 billion in 2024 and USD 1.11 billion by 2029, growing at a CAGR of 7.04% from 2024 to 2029.
The manufactured soil (soil blends & mixes) market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with innovations across the manufactured soil types.
Manufactured soil refers to a composition of different soils, soil components and other soil-like materials used for the various purposes in horticulture and other applications like site restoration. The primary purpose of manufactured soil id to modify the properties of soil as per specific needs.
Recent innovations in manufactured soil type have been a crucial factor in driving the growth of the market over the years. Other major factors driving the market include growth in lawn and garden consumables market, increase in demand for organic farming techniques, growing market for horticulture, government support, and initiatives. Apart from these, the factors restraining the market growth include a lack of awareness about manufactured soil products, low adoption rates, and infrastructure limitations in developing countries.
On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Boxley Materials Company Inc., The Scotts Miracle-GRO Company, Casella Organics Inc., Tim O’hare Associates LLP, Resource Management Inc. (RMI), Peaceful Valley Farm & Garden Supply, Jiffy International as, B.D. White Top Soil Company Inc., London Rock Supplies Limited, Boughton Loam, Turf Management Limited. These are the market players that are dominating the Latin America manufactured soil market.
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