Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Brazil Commercial Greenhouse Market Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering.
Rising Demand Spurs Brazilian Agricultural Innovation
In alignment with global agricultural trends, Brazil's commercial greenhouse market is anticipated to experience significant growth, with projections estimating an expansion from US$36.593 million in 2021 to US$43.868 million by 2028. A compounded annual growth rate of 2.62% underscores the vitality of this sector, mirroring Brazil's dedication to adopting modern farming techniques and enhancing productivity within greenhouse cultivation.
Push for Modern Farming Fuels Market Evolution
Factors contributing to this growth include Brazilian public's increasing awareness of contemporary farming methodologies and the corresponding demand for innovative produce solutions. A landmark development is the ongoing construction of one of Brazil's inaugural modern production greenhouses, specializing in tomato cultivation - set to service the escalating local demand for high-grade food items in Londrina, Paraná.
Technological Advancements Revolutionize Commercial Greenhouses
Synonymous with refinement in agriculture, Brazil observes substantial technological evolutions in greenhouse farming. Adoptions of AI, smart irrigation systems, and sophisticated control software are steering this agricultural segment toward superior efficiency and disease management. Notably, policies and strategies are now being informed by remote satellite monitoring approaches developed through collaboration between Embrapa and its partners.
Greenhouses: A Hub for Quality Produce
An increasing preference for high-quality, sustainably produced fruits and vegetables is at the heart of the commercial greenhouse market's growth. These encapsulated farming environments provide a safeguard against unpredictable climate variations, while simultaneously supporting sustainable agriculture - consonant with global environmental aspirations.
Brazil's Agro Export Potential Surges
Beyond local markets, Brazil's commercial greenhouse goods are gaining traction in international trade. As a nation recognized for its sizable agricultural exports, the commercial greenhouse industry is staged to further augment Brazil's position in global markets. Recent ventures such as Farmer Brazil underscore the nation's continuous march towards sustainable, organic produce for global consumption.
Vegetable Imports and Market Dynamics
In the broader agricultural landscape, Brazil's role in the importation of vegetable products remains noteworthy. Recording substantial imports from neighboring nations, the country continues to enhance its agricultural diversity while addressing internal market demands. Comprehensive market analysis delineates various segments pivotal to the greenhouse market, including the types of structures utilized, accompanying equipment, and the spectrum of applications from fruits and vegetables to nursery crops.
This accelerating expansion of Brazil's commercial greenhouse market signifies a promising trajectory for both domestic growth and international trade, positioning Brazil as a key player in the elevation of global agriculture standards for the forthcoming years. The strategic interplay of technology, environmental considerations, and market demand is crafting an environment ripe for innovation and sustained progress in Brazilian agriculture.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 77 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value (USD) in 2021 | $36.59 Million |
| Forecasted Market Value (USD) by 2028 | $43.87 Million |
| Compound Annual Growth Rate | 2.6% |
| Regions Covered | Brazil |
Companies Featured
- Growers Supply Inc
- Priva
- Prins Group
- Netafim
For more information about this report visit https://www.researchandmarkets.com/r/fwo4w3
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