Press release
Soil Treatment Market Trends Highlight Rising Demand for Organic Amendments and Soil Protection Solutions in Farming
Soil Treatment Market
The global Soil Treatment market is estimated to reach over USD 72.96 billion by 2031, exhibiting a CAGR of 6.3% during the forecast period.
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Soil treatment refers to the process of converting contaminated or low-quality soil into arable land suitable for agricultural use. This practice serves as a critical component of soil conservation, aimed at enhancing soil health to support optimal crop yields. It also contributes significantly to improving the soil's fertility and overall effectiveness. One of the key factors driving the growth of the global soil remediation market is the increasing loss of arable land worldwide.
The market is witnessing accelerated growth due to the widespread recognition of the procedure's numerous benefits, including the enhancement of the soil's nutritional, physical, and biological properties, as well as the advancement of agricultural practices. The declining availability of cultivable land, a result of expanding urbanization and industrialization, has led to the encroachment on farmland and contamination of agricultural areas, underscoring the critical importance of soil preservation for sustainable food production and reinforcing demand in the soil treatment sector.
Moreover, soil treatment is frequently employed to remediate land affected by various forms of contamination, including industrial waste, microbial pollutants, and chemical substances such as insecticides, herbicides, and pesticides-factors that significantly compromise soil quality.
List of Prominent Players in the Soil Treatment Market:
• ADAMA India Private Limited
• Agro phos india limited
• American Vanguard Corporation
• AMVAC Chemical Corporation
• BASF SE
• BAYER crop science AG,
• Corteva AgriScience
• DOWA ECO-SYSTEM Co. Ltd.
• Element Solutions
• International Rehabilitation and soil stabilization services,
• ISAGRO spa
• Kanseho Soil Treatment SRl/BV
• Monsanto Company
• Novozymes A/S
• OHP, inc.,
• Platform specialty products,
• Rallis India Limited
• SA Lime & Gypsum
• SAINT GOBAIN, Rallis India Limited,
• Sardar Bio Chem,
• Soil Technologies Corp,
• Soil works LLC
• Solvay
• Southern Petrochemical Industries Corporation (SPIC) Limited
• SWAROOP AGROCHEMICAL INDUSTRIES,
• Terracottem Australasia Pty Ltd,
• Terramanus Technologies LLC,
• UPL Limited,
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Market Dynamics:
Drivers:
The negative impact of synthetic pesticides and fertilizers on both the environment and human health has become increasingly evident. In response to the significant environmental concerns associated with synthetic fertilizers, numerous initiatives are being launched to advance agricultural management practices. According to the United Nations and the Food and Agriculture Organization, synthetic fertilizers contribute to 13% of global agricultural greenhouse gas (GHG) emissions. Leading corporations and non-governmental organizations are actively promoting sustainable farming practices by offering financial support and subsidies for agricultural microorganisms, which play a crucial role in these environmentally friendly approaches.
Challenges:
One of the primary challenges faced by the soil remediation industry was the unexpected outbreak of the COVID-19 pandemic, which led to the enforcement of strict lockdown measures in several countries. These disruptions resulted in delays to research and development efforts aimed at introducing innovative soil remediation solutions.
Regional Trends:
In 2021, North America held the largest share of the agricultural microbiological market. There has been a growing awareness among farmers regarding the environmental benefits of using microorganisms, and organic farming practices are gaining momentum. The region has also established favorable legislative and regulatory frameworks to support the adoption of microbial solutions. Key institutions, such as the National Science Foundation (NSF) and the United States Department of Agriculture (USDA), are funding research and development initiatives to enhance microbial diversity and ensure a sustainable supply of plant-associated microbes. Additionally, leading industry players are focusing on the development of new products and forming strategic collaborations to deliver microbiological solutions that support productive and sustainable farming practices.
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Recent Developments:
• In May 2023, UPL Ltd. announced a collaboration with Biome Makers to understand better the beneficial effects of UPL's natural solution inputs on soil health. UPL will employ Biome Makers' BeCrop® Test technology in a series of worldwide experiments across diverse regions and cropping systems to learn more about the modes of action of its inputs. The results of these experiments will be used to drive future product development and to help producers make better-informed decisions regarding their agricultural techniques.
Segmentation of Soil Treatment Market-
By Technology-
• Physiochemical Treatment
• Biological Treatment
• Thermal Treatment
By Type-
• Organic Amendments
• pH Adjusters
• Soil Protection
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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