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Premium Potting Soils Market: Factors Influencing Projected Market Size, Growth Rate, and Key Trends
Premium Potting Soils Market
What Is The Projected Market Size Of The Global Premium Potting Soils Market And Its Growth Rate?
• The premium potting soils market size was $1.71 billion in 2024 and is predicted to increase to $1.75 billion in 2025, showing a compound annual growth rate (CAGR) of 2.6%.
• This growth can be attributed to the increasing demand for specialty plants, rising environmental awareness, and the urban gardening trend.
• There is a steady forecast of growth in this market, reaching $2.11 billion in 2029 at a CAGR of 4.7%.
• The forecast is based on factors such as focus on sustainability, tech integration in agriculture, growth in home improvement activities, health and wellness trends, and the rise of urban and indoor gardening.
What Is Driving The Growth In The Premium Potting Soils Market?
The significant increase in greenhouse cultivation is a key driver for the premium potting soil market's growth. Greenhouses offer a unique farming approach, growing crops in protected areas covered with translucent or partially transparent materials. Premium potting soils are often used in greenhouse cultivation as the components serve specific roles in creating a growth medium for potted plants. As per Statistics Canada, greenhouse sales saw a rise of 6.7% to $4.5 billion in March 2024, accounting for 82.8% of total sales in 2023. This, along with the anticipated growth, catapults the premium potting soil market forward.
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Who Are the Key Players Driving Premium Potting Soils Market Growth?
Key players in the premium potting soils market include:
• The Scotts Company LLC
• CreekSide Soils
• Sun Gro Horticulture Canada Ltd.
• ASB Greenworld Ltd
• Klasmann-Deilmann GmbH
• Michigan Peat Company
• Vermicrop Organics LLC
• Lambert Peat Moss Inc.
• FoxFarm Soil & Fertilizer Company
• The Espoma Company
• Rexius Forest By-Products Inc.
• W. Atlee Burpee & Co.
• Growers Soil
• Blue Ribbon Organics LLC
• Coast of Maine Organic Products Inc.
• Dr. Earth Inc.
• Earth Juice Inc.
• Wonder Soil LLC
• Good Dirt LLC
• Kellogg Supply Inc.
• Central Garden & Pet Company
• Organic Mechanics
• Premier Tech Ltd.
• Proven Winners North America LLC
What Are The Key Trends In The Premium Potting Soils Market?
Key trends in the premium potting soils market include:
• Product innovation
• Customization options
• Packaging innovation
• Collaborations and partnerships
What Are The Segments Of The Global Premium Potting Soils Market?
• By Product: All-Purpose Potting Soil, Lawn And Garden Soil, Professional Potting Soil
• By Type: Soil Without Fertilizer, Soil With Fertilizer
• By Application: Indoor Gardening, Greenhouse, Lawn And Landscaping
Which Region Leads The Premium Potting Soils Market?
North America was the largest region in the premium potting soils market in 2024. The report includes other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Premium Potting Soils Market Global Market Report?
• Market Size Analysis: Analyze the Premium Potting Soils Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Premium Potting Soils Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Premium Potting Soils Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Premium Potting Soils Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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