Press release
Organic Food Demand Energizes Growth In Soil Conditioners Market: An Emerging Driver Transforming The Soil Conditioners Market Landscape
Soil Conditioners
What Is the Expected Soil Conditioners Market Size During the Forecast Period?
The market size for soil conditioners has seen remarkable growth in the last few years. The market value is projected to increase from $6.31 billion in 2024 to $6.77 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the growth during the historic period include economic progression in developing markets, decreased availability of cultivable land due to industrial expansion, heightened demand for organic food products and plant-based foodstuffs, as well as mounting environmental concerns.
In the impending years, the market size of soil conditioners is projected to observe a robust growth. By 2029, it is expected to reach $9.04 billion, registering a compound annual growth rate (CAGR) of 7.5%. The escalation in the forecast period could be due to increased demand for agricultural commodities, swift development of the agricultural sector and its affiliates, and heightened emphasis on pioneering farming techniques. The forecast period is likely to see the emergence of key trends, such as the introduction of fulvic acids soil conditioners for optimized nutrient utilization, focus on advanced soil conditioning packages, technological progression, the launch of organic soil conditioners for enhancing soil structure, and strategic mergers and acquisitions.
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What Are the High-Growth Segments in the Soil Conditioners Market?
The soil conditioners market covered in this report is segmented -
1) By Product Type: Organic, In-Organic
2) By Formulation: Dry, Liquid
3) By Soil Type: Sand, Silt, Clay, Loam, Other Soil Types
4) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Others
Subsegments:
1) By Organic Soil Conditioners: Compost, Manure, Peat Moss, Green Manure, Biochar, Seaweed Extracts
2) By Inorganic Soil Conditioners: Gypsum, Lime, Sulfur, Fertilizers, Synthetic Soil Amendments
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What Key Drivers Are Expected to Influence Future Soil Conditioners Market Growth?
The growth of the soil conditioners market is anticipated to be fueled by the growing demand for organic food products. By adding organic material among soil particles, soil conditioners have the ability to enhance impoverished soils. They enhance the structure of the soil by boosting water retention, improving aeration, and supplementing plant nutrients. This kind of soil comes in handy for growing organic food products. Organic farming's principles and practices can contribute positively to soil conditioning through organic food products. For instance, the latest Organic Trade Association (OTA) Organic Industry Survey in June 2022 predicts that customers will revert to more stable, on-demand shopping behaviors in 2021. Organic sales surpassed $63 billion from 2020 to 2021, featuring a year-on-year increase of $1.4 billion (2%). Thus, the escalating demand for organic food products is propelling the expansion of the soil conditioners market.
Which Companies Hold the Largest Share Across Different Soil Conditioners Market Segments?
Major companies operating in the soil conditioners market include BASF SE, Evonik Industries AG, UPL Limited, Saint-Gobain Group, Solvay S.A., Omnia Holdings Limited, Mangalore Chemicals & Fertilizers Limited, Nufarm, Novozymes A/S, Southern Petrochemical Industries Corporation Ltd (SPIC), Weifang Hanhe Fertilizer Co. Ltd, Qingdao Haidelong Biotechnology Co. Ltd, Changsha Richfield Agri Tech Co. Ltd, Eco Sustainable Solutions, Halcyon Environmental, RMB Hydroseeding, Advance Grass Solutions, Amenity Land Solutions, Angus Horticulture, Boughton Loam Ltd, Edagum Sm Rus LLC, Norofert Group, AGRO CS, VitaFer.pl, Intermag, PhosAgro, Acron Group, Bioera-Moscow LLC, Lignohumatate, Nutrien Ltd, Mosaic Co, Rooted Leaf Agritech, Polyorganic Technologies Corporation, North American Kelp, CoastBio, Cargill Inc, ExcelAg Corp, Monty's Plant Food, Technes Agrícola Ltda - Sede Adm, Brazilian Agricultural Research Corporation, Volza, Tradecorp Brazil, Wasit General Trading LLC, Agrotar, Haifa Group, GrowGroup Israel, ICL Israel Chemicals Ltd, Awam Group LLC, Dow AgroSciences, Eastman Chemical Company, Nutri-Crop Agro, TerraCottem, Kamasol Aqua
What Trends Are Driving Growth in The Soil Conditioners Market?
Leading firms in the soil conditioner market are concentrating on innovative technologies such as online retailing to improve customer reach and simplify the buying process. Online retail implies the sale of products and services over the internet, enabling customers to explore and buy products from different e-commerce sites. For example, in July 2023, a US-based maker of eco-friendly soil products named Agromin, debuted an online retail shop. This online shop provides an array of products, among them Agromin's compost and mulch, produced from recycled local organic waste.
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What Are the Emerging Geographies for The Soil Conditioners Market Growth?
Asia-Pacific was the largest region in the soil conditioner market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the soil conditioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Soil Conditioners Market?
2. What is the CAGR expected in the Soil Conditioners Market?
3. What Are the Key Innovations Transforming the Soil Conditioners Industry?
4. Which Region Is Leading the Soil Conditioners Market?
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