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Soil Fertility Testing Market Business Opportunity to 2028 | SGS SA; Eurofins Scientific; ALS Limited; Agrolab GmbH

08-09-2021 09:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Soil Fertility Testing

Soil Fertility Testing

The soil fertility testing market was valued at US$ 4,355.51 million in 2020 and is projected to reach US$ 5,891.06 million by 2028; it is expected to grow at a CAGR of 4.1% from 2021 to 2028.

Soil fertility testing helps determine the growth potential of soil, indicating inadequacies of nutrients, potential toxicity caused by excessive fertility, and inhibitions due to non-essential trace minerals. Soil fertility testing has become widely accepted in the agriculture sector in the last few years for achieving higher field yields and revenues. Further, increasing population in the world, the rising availability of arable land, and the presence of a large number of soil fertility testing service providers are boosting the demand for soil fertility testing products and services.

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Top Key Players:- SGS SA; Eurofins Scientific; ALS Limited; Agrolab GmbH; Actlabs; Agrocares; Water Agriculture Laboratories, Inc.; Polytest Laboratories; Crop Nutrition Laboratory Services Ltd.; and A and L Great Lakes

Chemical soil tests have emerged as a monitoring tool for avoiding excessive nutrient input to the farm system. These tests help determine the concentration of essential plant nutrients such as phosphorus, nitrogen, potassium, available lime, organic matter, sulfur, and trace elements as well as other physical properties such as capacity, permeability, density, and pH. Further, the soil chemical testing assists in the optimization of crop production, protection of the environment from contamination caused by runoff and leaching of excess fertilizers, diagnosis of plant culture problems, and enhancement of nutritional balance of the growing media.

Impact of COVID-19 Pandemic on Soil Fertility Testing Market

The COVID-19 outbreak has disrupting the soil fertility testing market due to the slowdown of agricultural activities, instabilities in supply chains, limitations on trade movements, and decrease in the availability of workforce, among others. The outbreak has distorted operational efficiencies and disrupted the value chains due to the sudden shutdown of national and international boundaries. However, as the economies are planning to revive their operations, the demand for soil fertility testing is expected to rise globally in the coming months.

Soil Fertility Testing Market – by Test Type

• Physical
• Chemical
• Biological

Soil Fertility Testing Market – by Method

• Onsite
• Offsite/Laboratory

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Contact Us:

The Insight Partners
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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