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Soil Amendments Market worth $33.47 billion by 2030, growing at a CAGR of 11.19% - Exclusive Report by 360iResearch
Soil Amendments Market | 360iResearch
The Global Soil Amendments Market to grow from USD 15.92 billion in 2023 to USD 33.47 billion by 2030, at a CAGR of 11.19%.
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Soil amendments encompass a wide range of substances, including compost, manure, and other organic and inorganic materials that are added to soil to elevate its physical or chemical properties. Their primary purpose is to enhance soil fertility, structure, water retention, and aeration, thereby optimizing conditions for plant growth. Increased global emphasis on sustainable agriculture practices and the need to improve crop yields to feed a growing population have significantly contributed to the rising need for soil amendments. Moreover, the recognition of soil health as a critical component in combating climate change has further fueled interest in soil amendments. However, its overuse or inappropriate application can lead to soil nutrient imbalances, contamination, and environmental harm. To address these challenges, there is a growing focus on education and training for farmers and gardeners on the proper use of soil amendments. Regulatory frameworks and guidelines on safe amendment practices are also being developed and implemented. Advances in technology and research are expected to produce more efficient and environmentally friendly soil amendments. The making of customized solutions based on specific soil types and crop needs is also anticipated. Furthermore, the increasing interest in organic farming and regenerative agriculture practices is expected to drive demand for organic and natural soil amendments.
In the Americas, the use of soil amendments is predominantly driven by the advanced agricultural practices prevalent in countries such as the United States and Canada, where there is a strong emphasis on enhancing soil health and productivity to meet the high demand for agricultural products. Production is characterized by both large-scale and smaller manufacturers and specialized companies focusing on organic and sustainable solutions, reflecting the region's growing environmental consciousness. The Asia-Pacific region witnesses a diverse use of soil amendments, largely influenced by the varying agricultural practices and climatic conditions across its countries. There is a significant emphasis on bio-based and organic amendments, catering to the region's vast agricultural landscapes and the need for environmentally friendly farming practices. The EMEA region presents a mixed scenario where stringent EU regulations on environmental sustainability significantly affect the use and production of soil amendments. The market is observing a shift towards organic and bio-based products, with major regional companies expanding their commitment to sustainability and innovation. The varied climate and agricultural practices within EMEA have led to a diversified market, requiring companies to offer various solutions to meet the unique demands of each sub-region.
Market Segmentation & Coverage:
This research report categorizes the Soil Amendments Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Inorganic and Organic. The Inorganic is further studied across Biofertilizers, Gypsum, Lime, Perlite, and Zeolite. The Organic is further studied across Biosolids, Compost & Vermicompost, Manure, Sawdust, Sphagnum Peat, and Wood Chips & Straw. The Inorganic commanded largest market share of 56.74% in 2023, followed by Organic.
Based on Soil Type, market is studied across Clay, Loam, Sand, and Silt. The Loam commanded largest market share of 28.20% in 2023, followed by Clay.
Based on Form, market is studied across Dry and Liquid. The Dry commanded largest market share of 77.58% in 2023, followed by Liquid.
Based on Crop Type, market is studied across Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Plantation Crops & Fiber Crops, and Turfs, Ornamentals, & Forages. The Cereals & Grains commanded largest market share of 27.02% in 2023, followed by Oilseeds & Pulses.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Agricultural Supply Stores, Cooperatives, Gardening Centers & Nurseries, and Trade Shows & Exhibitions. The Online is further studied across E-Commerce Websites, Manufacturer Websites, and Specialized Online Garden Centers. The Offline commanded largest market share of 76.47% in 2023, followed by Online.
Based on End-Use, market is studied across Agriculture, Gardens & Landscapes, and Soil Remediation. The Agriculture commanded largest market share of 37.30% in 2023, followed by Soil Remediation.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Illinois, Indiana, Iowa, Kansas, Minnesota, Nebraska, North Carolina, Ohio, Pennsylvania, Texas, and Wisconsin. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 40.95% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Soil Amendments Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Soil Amendments Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Soil Amendments Market, highlighting leading vendors and their innovative profiles. These include ADAMA Ltd., Aquatrols, BASF SE, Bayer AG, Biodel AG Inc., Certis USA LLC, Delbon SARL, Evonik Industries AG, FMC Corporation, FoxFarm Soil & Fertilizer Co., Geoponics Corp., GreenBest Ltd., GrowMore, Inc., Haifa Group, Humintech GmbH, Lallemand Inc., MustGrow Biologics Corp., Novozymes A/S, Nufarm Ltd., Omnia Specialities Pty, Profile Products LLC, Rallis India Limited by Tata Chemicals Limited, Soil Technologies Corp., Solvay SA, Syngenta Crop Protection, LLC, T.Stanes & Company Ltd., The Fertrell Company, The Jobe's Company, UPL Ltd., and Yara International ASA.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Soil Amendments Market, by Type
7. Soil Amendments Market, by Soil Type
8. Soil Amendments Market, by Form
9. Soil Amendments Market, by Crop Type
10. Soil Amendments Market, by Distribution Channel
11. Soil Amendments Market, by End-Use
12. Americas Soil Amendments Market
13. Asia-Pacific Soil Amendments Market
14. Europe, Middle East & Africa Soil Amendments Market
15. Competitive Landscape
16. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Soil Amendments Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Soil Amendments Market?
3. What is the competitive strategic window for opportunities in the Soil Amendments Market?
4. What are the technology trends and regulatory frameworks in the Soil Amendments Market?
5. What is the market share of the leading vendors in the Soil Amendments Market?
6. What modes and strategic moves are considered suitable for entering the Soil Amendments Market?
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