Press release
Soil Amendments Global Market 2025: Impressive Growth Driven by Soil Erosion Concerns, Precision Agriculture Adoption, and Regulatory Measures
Soil Amendments Global Market
What Is The Projected Market Size Of The Global Soil Amendments Market And Its Growth Rate?
The Soil Amendments market has experienced a considerable acceleration in growth, with projections indicating further expansion in the future.
• 2024 Market Size: $4.65 billion
• 2025 Market Size: $5.15 billion (10.8% CAGR)
• 2029 Projected Market Size: $7.76 billion (10.8% CAGR)
The impressive growth rates can be attributed to factors such as government subsidies, soil erosion concerns, crop rotation practices, and advancements in precision agriculture.
What Is Driving The Growth In The Soil Amendments Market?
The most crucial factor fueling the growth of the Soil Amendments market is the increasing concern about soil degradation. This refers to the loss of soil quality or fertility, often due to intense agricultural practices, deforestation, urbanization, and climate change. Soil amendments can help improve soil quality, add organic matter, boost water-holding capacity, and reduce compaction, thus tackling the prevalent problem of soil degradation. According to the UNCCS, around 40% of the world's soil is already degraded and, if current trends continue, 90% could become degraded by 2050, further substantiating the growth of the soil amendments market.
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Who Are the Key Players Driving Soil Amendments Market Growth?
Prominent entities operating in the Soil Amendments market include:
• BASF SE
• UPL Limited
• FMC Corporation
• Adama Agricultural Solutions Ltd.
• Bayer AG
• Novozymes A/S
• Lallemand Inc.
• T Stanes & Company
• Evonik Industries AG
What Are The Key Trends In The Soil Amendments Market?
Key market trends include:
• Technological innovations in soil amendments
• Rise of organic soil amendments
• Increasing adoption of microbial soil enhancers
• Precision agriculture and soil testing
• Integration of biochar
What Are The Segments Of The Global Soil Amendments Market?
Major market segments include:
• Soil Type: Clay, Sand, Loam, Silt
• Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others
• Product: Organic, Inorganic
• Form: Dry, Liquid
• Application: Construction and Mining, Agriculture and Gardening, Others
Which Region Leads The Soil Amendments Market?
North America dominated the Soil Amendments market in 2024 and is expected to retain its lead. Other key regions in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Soil Amendments Global Market Report?
- Market Size Analysis: Analyze the Soil Amendments size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Soil Amendments 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 Soil Amendments growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Soil Amendments.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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