Global Soil Amendments Market Expansion at 10.5% CAGR, Valued at $7.57 Billion by 2029

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What Are the Soil Amendments Market Size Forecast for 2025?
The market size for soil amendments has experienced robust growth in the last few years. It's projected to expand from $4.65 billion in 2024 to $5.09 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%. The growth witnessed in the historic period is a result of government subsidies and incentives, concerns over soil erosion, trends in organic farming, crop rotation practices, and heightened awareness and education.

What Is the Market Size Outlook for Soil Amendments Until 2029?
Anticipated swift expansion is on the horizon for the soil amendments market in the upcoming years. The market is predicted to reach $7.57 billion by 2029, boasting a compound annual growth rate (CAGR) of 10.5%. Factors contributing to this growth during the forecast period include the adoption of precision agriculture, adapting to climate change, the implementation of regenerative agricultural practices, government regulations, and initiatives towards a circular economy. Significant trends projected for this period comprise of technological advancements, organic soil amendments, microbial soil nourishment, precision agriculture and soil testing, and the incorporation of biochar.

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What Are the Major Factors Driving Demand in the Soil Amendments Market?
The soil amendments market is predicted to experience significant growth owing to mounting concerns over soil degradation. This term refers to a decline in soil fertility or quality caused by either natural phenomena or human activities. The amplifying worries about soil degradation primarily stem from intensive agricultural practices, deforestation, urbanization, and climate change. To mitigate these issues, soil amendments are utilized to enhance soil quality by replenishing microbial populations, balancing pH, introducing organic matter, augmenting water retention abilities, and lessening compaction. For example, in November 2022, the United Nations Convention to Combat Desertification (UNCCS), an American UN agency dedicated to land restoration, stated that a fifth of the global population currently dwells and works on depleted agricultural land. It further revealed that an alarming approximately 40% of global soil is already degraded, with a prediction of upto 90% potentially becoming degraded by 2050. Moreover, soil degradation results in the loss of around 10 to 12 million hectares of agricultural land annually. Consequently, the escalating worries about soil degradation are projected to stimulate the growth of the soil amendment market.

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How Are End-Use Segments Shaping the Soil Amendments Market Outlook?
The soil amendments market covered in this report is segmented -

1) By Soil Type: Clay, Sand, Loam, Silt
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And vegetables, Other Crop Types
3) By Product: Organic, Inorganic
4) By Form: Dry, Liquid
5) By Application: Construction And Mining, Agriculture And Gardening, Other Applications

Subsegments:
1) By Clay: Organic Amendments, Inorganic Amendments, Gypsum, Compost
2) By Sand: Organic Matter, Fertilizers, Soil Conditioners
3) By Loam: Compost, Peat Moss, Vermiculite, Perlite
4) By Silt: Organic Matter, Lime, Biochar, Nutrient Amendments

What Are the Strategic Trends Transforming the Soil Amendments Market Landscape?
Leading companies in the market for soil amendments are honing in on the introduction of innovative products such as state-of-the-art agricultural solutions tailored to offer lasting protection against a wide range of fungal diseases in diverse crops. These products not only promote healthier yields, but they also advocate for sustainable farming methodologies. Cutting-edge agricultural solutions encompass innovative practices, technologies, and commodities designed to bolster crop production, improve pest and disease regulation, and foster sustainability in farming activities. For example, in March 2023, Bayer, a Germany-based global pioneer in agriculture and life sciences, announced that Luna Pro Fungicide had received EPA approval. This top-grade fungicide effectively manages both foliar and soilborne diseases, particularly in the cultivation of potatoes, through a blend of systemic active components. It contains prothioconazole, which curbs fungal growth at the cellular level, and fluopyram, which boosts disease resistance and improves overall plant wellbeing. By enhancing crop robustness and yield capacity, this fungicide proves to be an essential tool for cultivators aiming to tackle disease challenges while maintaining sustainable farming practices.

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Who Are the Prominent Companies in the Soil Amendments Market by ?
Major companies 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, Nufarm Ltd., DOW Inc., Greenfield Eco Solutions Pvt. Ltd., Gujarat State Fertilizers and Chemicals Limited, Oro Agri Europe S.A, SANOWAY GmbH, Eastman Chemical Company, Vantage Specialty Chemicals Inc., Clariant International Ltd., Croda International plc, Solvay S.A., Syngenta AG, ADEKA CORPORATION, Akzo Nobel N.V., BioWorks Inc., Biochar Now LLC, Bio Soil Enhancers Inc., Black Diamond Vermicompost, Blue Planet Environmental Solutions Pte. Ltd., Carbon Gold Ltd., Earth Science Laboratories Inc.

Which Region Is Expected to See the Highest CAGR in the Soil Amendments Market?
North America was the largest region in the soil amendments market in 2024. The regions covered in the soil amendments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

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