Press release
Manufactured Soil Market Size, Share, Growth, Latest Trends, Industry Analysis By 2033
Manufactured Soil Market Size
The Business Research Company offers in-depth market insights through Manufactured Soil Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The manufactured soil market size has grown strongly in recent years. It will grow from $8.23 billion in 2023 to $8.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to urbanization and land scarcity, expansion of commercial agriculture, soil quality restoration, demand for customized soil blends, focus on sustainable farming, land reclamation projects..
The manufactured soil market size is expected to see strong growth in the next few years. It will grow to $11.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to advancements in soil science, expansion of urban agriculture, climate-resilient agriculture, regulatory support for soil management, demand for soil-less agriculture. Major trends in the forecast period include collaboration in research and development, integration of precision agriculture technologies, customized soil mixes, integration for carbon sequestration, collaborations for research and innovation.
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Market Segmentation:
The manufactured soil market covered in this report is segmented -
1) By Type: Garden Soil, Soil Mix, Manure & Compost, Turf Sand, Organic Soil Improver
2) By Brand: Super Soil, Peaceful Valley, Farm Supply, Ferry Mores, Jiffy Mix
3) By Application: Cultivation, Lawns, Commercial Developments, Sports Fields, Green Spaces
Major Driver - Rising Demand For Organic Products Fuels Growth In The Manufactured Soil Market
The increasing demand for organic products is expected to propel the growth of the manufactured soil market going forward. Organic products refer to agricultural or food products that are grown, processed, and handled without the use of synthetic chemicals, pesticides, or fertilizers. Manufactured soils are mixtures of organic waste that are used for container-grown organic plants and vegetables. For instance, in December 2022, according to the U.S. Department of Agriculture (USDA), a US-based national agricultural statistics service organization, the total sales of organic products in the USA accounted for $11.2 billion in 2021 where, around $310 million in organic products were sold directly from on-farm stores, farmers' markets, and others to consumers. Therefore, the increasing demand for organic products is driving the growth of the manufactured soil market.
Competitive Landscape:
Major companies operating in the manufactured soil market report are Boxley Materials Company Inc., Casella Organics Inc., Tim O'hare Associates LLP, B.D. White Top Soil Company Inc., Boughton Loam & Turf Management Limited, Miller Companies LC, ERTH Products L.L.C., The Ground Up LLC, Seaside Mulch Inc., Greger Topsoil- H&K Group Inc., Eclipse Soils, Tarmac Group, LFX Design Centre, Garick LLC, Ferris Mulch Products LLC, The Scotts Miracle-Gro Company, Sun Gro Horticulture Inc., London Rock Supply Limited, American Soil Products, Berger Peat Moss Ltd., Blue Ribbon Organics, Bouldin & Lawson LLC, C&C Peat Company, Carolina Eastern-Vail Inc., Coast of Maine Organic Products Inc., Conwed Plastics LLC, DTEP LLC, Floratine Products Group, FoxFarm Soil & Fertilizer Company, General Organics, Good Earth Organics Corporation, High Caliper Growing Inc., Hummert International, Jiffy International AS, Kellogg Garden Products, Lambert Peat Moss Inc., Sustainable Soil Solutions LLC
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Top Trend - Tech Advancements In The Manufactured Soil Market
Technology advancements are a key trend gaining popularity in the manufactured soil market. Major companies operating in the manufactured soil market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Terramera, a Canada-based agriculture technology company launched the 'enrichSoil' platform that provides real-time soil analysis data. This technology enables to provide of 99% accurate results, helps in fertilizer optimization, and improves soil health in building or manufacturing soils.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Manufactured Soil Market Characteristics
3. Manufactured Soil Market Trends And Strategies
4. Manufactured Soil Market - Macro Economic Scenario
5. Manufactured Soil Market Size And Growth
…..
27. Manufactured Soil Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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