USD 1.9 billion
Report ID:
SQMIG30H2120 |
Region:
Global |
Published Date: November, 2024
Pages:
165
|Tables:
96
|Figures:
76
Soil Conditioners Market size was valued at USD 2.1 Billion in 2023 and is poised to grow from USD 2.27 Billion in 2024 to USD 4.42 Billion by 2032, growing at a CAGR of 8.30% during the forecast period (2025-2032).
The use of soil conditioners is significantly expanding worldwide in order to feed the expanding global population on a finite amount of land without harming the environment. Due to their capacity to increase soil fertility, texture, and quality, soil conditioners are crucial in contemporary agriculture. Additionally, soil conditioners are utilized to stabilize excavated dirt during tunneling and mining operations. Additionally, the need for soil conditioners is rising globally as a result of growing organic farming and increased awareness of soil management.
The soil conditioners market is expected to grow at a CAGR of 5.8% over the course of the forecast period. The COVID-19 epidemic is primarily having an impact on the global soil conditioners industry. Due to supply chain interruptions and lockdown limitations, manufacturers have experienced operational difficulties. Due to the deadly spread of COVID-19 in China, Japan, and India, the Asia Pacific region is the main participant in the worldwide market that has been negatively impacted. The market for soil conditioners is expanding as a result of a number of issues, including the deterioration of soil quality and structure, the need for food security, and improved nutrient management in the soil.
US Soil Conditioners Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.9 billion
Largest Segment
Agriculture
Fastest Growth
Agriculture
Growth Rate
8.30% CAGR
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Global Soil Conditioners Market is segmented by Type, Formulation, Application, Soil Type, Crop Type and region. Based on Type, the market is segmented into Surfactants, Gypsum, Super Absorbent Polymers, and Others (polysaccharide derivatives, bone meal, blood meal, sphagnum moss, and plant extracts). Based on Formulation, the market is segmented into Surfactants, Gypsum, Super Absorbent Polymers, and Others. Based on Application, the market is segmented into Surfactants, Gypsum, Super Absorbent Polymers, and Others (landscape, sports turf, and garden lawns). Based on Soil Type, the market is segmented into Sand, Silt, Clay, Loam. Based on Crop Type, the market is segmented into Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Others (plantation and ornamental crops, and forage crops). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Soil Conditioners Market Analysis by Application
In the year 2021, The Agriculture sector dominated the global soil conditioners Market. The fertility and productivity of the soil have decreased as a result of the over use of chemicals and fertilizers. The potential of soil conditioners to improve soil fertility, texture, and quality makes them an invaluable tool for the agricultural sector. In addition, the decreasing amount of arable land has forced farmers to increase crop productivity on their current acreage, opening up a market for soil conditioner producers. The main causes of the decline of arable land are urbanization and population increase in emerging nations. The demand for crop production in these emerging nations has increased as a result, but this has also raised the demand for soil conditioners in those nations.
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As a result of its extensive fertile lands and advantageous climatic conditions, Asia Pacific is regarded as one of the greatest marketplaces for agricultural products. Despite these fortunate circumstances, the region is experiencing severe soil deterioration as a result of the frequent cropping required to supply the need for food. In such a situation, soil conditioners, such as compost, play a crucial role in refilling the nutrient-depleted soil as an alternative or addition to chemical fertilizers. The oldest and most popular method of refueling plants with nutrients is the use of organic manure, such as farmyard waste and green manure, in nations like India.
According to a report by the Food and Agriculture Organization of the United Nations (FAO), farmyard manure is the most prevalent of the organic manures in India due to a high animal population, with cattle producing 90.0% of the nation's total manure production. Increased soil erosion rates, land clearing, deforestation, etc. have forced farmers to rely on soil conditioners to increase yields and soil health in order to meet the region's expanding food demand. So, in the future, this is anticipated to fuel the demand for soil conditioners.
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Soil Conditioners Market Driver
Soil Conditioners Market Restraint
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Due to the existence of multiple major businesses as well as local and regional participants, the market is very competitive. As they attempt to increase the number of conditioners in their present portfolio and take advantage of attractive chances, market participants have largely followed the merger and acquisition strategy. UPL declared the completion of the acquisition of Arysta LifeScience, which is anticipated to aid UPL in improving its position internationally and broadening the range of its products.
Soil Conditioners Market Top Players Company Profiles
Soil Conditioners Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global soil conditioners market is segmented based on type, formulation, application and regions. Poor soils must be used for farming because of this. Due to an increase in soil erosion, overgrazing, and other human-caused activities like deforestation, mining, industrial growth, etc., soil degradation has a direct and indirect impact on agricultural production and water quality. The soil conditioners market has recently been driven by the need for inputs to improve soil condition. Increasing soil conditioners and irrigation use efficiency fulfill this need. In order to restore soil fertility and improve soil structure so that plants can absorb nutrients and water efficiently, farmers all over the world are employing soil conditioners like compost and green manure.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.9 billion |
Market size value in 2031 | USD 4.08 billion |
Growth Rate | 8.30% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Soil Conditioners Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Soil Conditioners Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Soil Conditioners Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Soil Conditioners Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG30H2120
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