Latin America Manufactured Soil Market is Forecasted to Exhibit a CAGR of XX% & Reach US $ XX Bn by 2025, Due to Recent Innovation in Manufactured Soil Type

Latin America Manufactured Soil Market is Forecasted to Exhibit a CAGR of XX% & Reach US $ XX Bn by 2025, Due to Recent Innovation in Manufactured Soil Type

“The Latin America Soil Market is anticipated to reach about US$ XX Bn by 2025, and anticipated to expand at a CAGR over seven years of forecast period 2019-2025” due to recent innovations in manufactured soil type.

Precision Business Insights (PBI) in its report titled “Latin America Manufactured Soil Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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The Latin America manufactured soil market size was accounted for US$ XX Bn in 2018 and anticipated to account for US$ XX Bn by 2025. Recent innovations in manufactured soil type have been a crucial factor in driving the growth of the market over the years lately. 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, lack of awareness about manufactured soil products, low adoption rate, infrastructure limitation in developing countries.

Latin America manufactured soil market segmented on the basis of type, application, components, and regions.

Cultivation and Lawns Segment Expected to Dominate the Market

The cultivation and lawns segment were the main applications segments of the manufactured soils market which collectively accounted for approximately half of the total market share. The major driving factor for the cultivation application is the increasing demand for organic farming practices around the globe, which largely uses manufactured soil mixes and blends for the same. Apart from this, the growers in developing regions such as Asia-Pacific are facing a rise in demand for urban and controlled farming practices that has propelled the demand for manufactured soils in cultivation and lawns applications.

Soil Mix Segment Will Dominate the Revenue Share.

Soil mixes can be customized based on the requirement of the crops considered and its growing number of applications has made it the fastest-growing manufactured soil type across the globe. The application of soil mixes is constantly increasing with different soil mixes being used for different types of crop requirements. The growing market for lawns and garden consumables also play an important role in driving the market for soil mixes across the globe.

Latin America, Accounts for Major Revenue Share for Manufactured Soil Market

Precision Business Insights (PBI) Latin America manufactured soil market report analyses the market in different regions of Latin America. According to regional analysis, the major factors driving for is growth in Latin America market includes growing demand for organic farm practices, increased in growing of lawns and gardens, advancements in agricultural sectors, increased production of superior quality of crops.

Scintillating Market Strategy Vital Role in Latin America Manufactured Soil Market

Players in this market have adopted various strategies to increase their global footprint and their market share. Agreements & contracts, partnerships, new product launches, expansions & investments, and acquisitions are some of the key strategies adopted by players to achieve growth in the manufactured soils market. For instance, Scotts Miracle-Gro tops US $ XX Bn investment in hydroponics business, growing stake in emerging medical marijuana market.

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The global market for manufactured soils is dominated by top players such as The Scotts Miracle-Gro Company (U.S.), Boxley Materials Company Inc. (U.S.), Resource Management Inc. (U.S.), and Boughton Loam & Turf Management Limited (U.K.). Other players include Casella Organics, Inc. (U.S.) Resource Management Inc. (U.S.), and Tim O’Hare Associates LLP (U.K.).
Detailed Segmentation

By Type

o Manure and Compost
o Soil Mix
o Turf Sand and Organic Soil Improver
o Garden Soil

By Application Type

o Sports Fields
o Cultivation
o Commercial Developments
o Lawns and Gardens
o Greenery Spaces

By Components Type

o Sub soil
o Compost
o Sand
o Shredded Bark
o Dredge
o Other Organic Substances

Geography

o Latin America
 Brazil
 Mexico
 Argentina
 Chile
 Rest of Latin America

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152 – 160 City Road,
London EC1V 2NX

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