The Latin America Greenhouse Horticulture market is expected to reach USD 3.04 billion in 2024 and is anticipated to reach 5.33 billion by 2029, growing at a CAGR of 10% during the forecast period of 2024 to 2029. In general, the greenhouse can control external parameters such as light, temperature, humidity and carbon dioxide emissions.
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.
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.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
11% |
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Segments Covered |
By Covering Material, Application, Product |
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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 |
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Regions Covered |
Brazil, Mexico, Argentina |
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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. |
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.
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.
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.
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