Global Soil Conditioners Market Size, Share, and COVID-19 Impact Analysis, By Type (Organic Soil Conditioners and Inorganic Soil Conditioners), By Formulation (Liquid and Dry), By Application (Agriculture, Construction & Mining, And Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: AgricultureGlobal Soil Conditioners Market Insights Forecasts to 2033
- The Global Soil Conditioners Market Size was Valued at USD 2.41 Billion in 2023
- The Market Size is Growing at a CAGR of 7.83% from 2023 to 2033
- The Worldwide Soil Conditioners Market Size is Expected to Reach USD 5.12 Billion by 2033
- North America is Expected to Grow the fastest during the forecast period.
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The Global Soil Conditioners Market Size is Anticipated to Exceed USD 5.12 Billion by 2033, Growing at a CAGR of 7.83% from 2023 to 2033.
Market Overview
Soil conditioners are essential components that help improve soil structure, fertility, water retention, aeration, and nutrient availability. These products contain organic elements such as compost, peat, manure, and synthetic additives like gypsum, vermiculite, and perlite. Furthermore, soil conditioners can be customized for specific soil types and crops, addressing distinct environmental and agronomic challenges. The global soil conditioner market is expanding due to the increased usage of organic soil conditioners in agriculture and gardening applications. Organic soil conditioner is a carbon-based compound that contains various quantities of plant nutrients and distributes them to the soil. Typical organic soil conditioners are animal manure, worm compost, crop residue, waste from food production, sewage waste, and peat moss. Furthermore, improved soil quality increases the nutritional content of food crops. Soil conditioners are natural or manmade agents used in farming to improve the physical qualities and fertility of the soil for agricultural production. In addition, these conditioners are employed in non-agricultural applications such as turf, industrial, and domestic gardening. Furthermore, increased environmental consciousness and a shift toward organic and sustainable farming techniques have spurred the use of soil conditioners.
Report Coverage
This research report categorizes the market for the global soil conditioners market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global soil conditioners market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global soil conditioners market.
Global Soil Conditioners Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 2.41 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.83% |
2033 Value Projection: | USD 5.12 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Type, By Formulation, By Application and By Region |
Companies covered:: | BASF SE, Syngenta AG, Novozymes A/S, Solvay S.A., UPL Limited, Clariant, Evonik Industries AG, Eastman Chemical Company, Croda International PLC, ADEKA Corporation, Vantage Specialty Chemicals, Inc., Aquatrols, Rallis India Limited, Humintech GmbH., and other key vendors |
Pitfalls & Challenges: | Covid 19 Impact Challanges, Future, Growth and Analysis |
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Driving Factors
The increasing awareness of environmental degradation and the harmful effects of chemical pesticides and fertilizers on soil health and water quality is driving the need for environmentally friendly soil conditioning solutions. To maximize agricultural yields on the limited amount of land available, soil conditioners must be utilized to repair soil structure and nutrient content. Arable land is becoming increasingly restricted as a result of soil deterioration and urbanization. Bio-based and nano-scale soil conditioners are two examples of developments that are driving market expansion. As soil conditioning technologies advance, more effective and eco-friendly solutions become available. Extreme weather conditions and changing climate patterns create a threat to crop yields. Soil conditioners improve soil water retention, drought resilience, and overall crop health, minimizing the negative effects of climate change. As sensor technology and data analytics advance, so does precision agriculture, creating new opportunities for the incorporation of soil conditioners to optimize soil management approaches and increase crop yields.
Restraining Factors
Soil conditioners and application equipment are too expensive for small-scale farmers to spend money on upfront, which could restrict the products' acceptance and market growth. Several factors, including crop species, temperature, and soil type, can influence how effective soil conditioners are. Farmers may be discouraged from investing in these items if they receive inconsistent or not enough returns. Overuse of pesticides and excessive tillage are two common soil conditioning strategies that can eventually degrade soil quality. Long-term soil fertility and resilience must be prioritized in sustainable soil management strategies. Regulations controlling product registration, labeling specifications, and compliance with environmental standards may make it difficult for new or innovative soil conditioning solutions to access the market.
Market Segmentation
The global soil conditioners market share is classified into type, formulation, and application.
- The organic soil conditioners is expected to dominate the global soil conditioners market during the forecast period.
Based on the type, the global soil conditioners market is divided into organic soil conditioners and inorganic soil conditioners. Among these, the organic soil conditioners is expected to dominate the global soil conditioners market during the forecast period. Organic soil conditioners, obtained from natural materials including compost, peat, and manure, are experiencing a notable increase in demand. With a growing focus on environmentally friendly and sustainable farming practices, organic soil conditioners are gaining support among environmentally-conscious consumers. Their market share has witnessed expansion due to the increasing use of organic farming methods globally and the perceived advantages of improving soil structure and fertility in a natural and biodegradable manner.
- The liquid segment is expected to grow at the fastes CAGR in the global soil conditioners market during the forecast period.
Based on the formulation, the global soil conditioners market is divided into liquid and dry. Among these, the liquid segment is expected to grow at the fastest CAGR in the global soil conditioners market during the forecast period. The liquid forms are used on a volume basis instead of a weight basis. The liquid form offers multiple choices for producers of crops to mix soil conditioners with fungicides, insecticides, or adjuvants. Compared to the dry form, a small amount of liquid soil conditioners is required to treat larger crop areas, making it a preferred option among farmers.
- The agriculture segment is expected to grow at the fastest rate in the global soil conditioners market during the forecast period.
Based on the application, the global soil conditioners market is divided into agriculture, construction & mining, and others. Among these, the agriculture segment is expected to grow at the fastest rate in the global soil conditioners market during the forecast period. Overuse of pesticides and fertilizers has reduced soil fertility and productivity. Soil conditioners are an important tool in agriculture as they improve soil fertility, texture, and quality. Apart from that, a decrease in the supply of arable land has prompted agricultural producers to increase crop production on remaining acreage, creating an opportunity for soil conditioner makers
Regional Segment Analysis of the Global Soil Conditioners Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to grow at the highest CAGR In the global soil conditioners market over the predicted timeframe.
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Asia Pacific is anticipated to grow at the highest CAGR In the global soil conditioners market over the predicted timeframe. The increase in residential and commercial constructions has boosted the Asia-Pacific soil conditioner industry. This is due to the rapid growth of China's building industry, which has prompted soil conditioner manufacturers to develop high-quality soil supplements. According to a report provided by the International Trade Administration, China's construction industry is expected to grow at a 5.2% annual pace between 2021 and 2029, owing to the country's greatest urbanization rate. Furthermore, nations such as India and Japan are seeing tremendous expansion in parks and community gardens, where soil conditioners are frequently utilized to stimulate plant growth and deliver important nutrients to the soil. Despite these advantageous conditions, the area market is experiencing fast soil deterioration and inadequate infrastructure. The expanding population, along with increased agricultural activity, is predicted to result in a high reliance on conditioners due to the fast reuse of land. Compost is the most popular soil addition in the Asia Pacific market.
North America is expected to grow at the fastest pace in the global soil conditioners market during the forecast period. The United States is one of the world's leading agricultural producers, distinguished by technological innovation in farming methods and a strong regulatory framework that promotes industry dynamism. It is a significant producer of wheat and maize. The market in North America is expanding rapidly due to soil deterioration caused by mining activities, industrial processes, and overgrazing, which results in the loss of fertile soil and a decrease in arable land. Farmers are using soil conditioners, which provide greater benefits with smaller applications compared to conventional fertilizers, to increase crop production and improve the quality of the soil. The United States leads the market, with Mexico and Canada following. Soil conditioners, available in both natural and synthetic kinds, increase physical features such as water retention and air permeability, therefore enhancing nutrition absorption capacity and nutritional value for food crops, turfs, industrial gardening, and residential gardening.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global soil conditioners market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- BASF SE
- Syngenta AG
- Novozymes A/S
- Solvay S.A.
- UPL Limited
- Clariant
- Evonik Industries AG
- Eastman Chemical Company
- Croda International PLC
- ADEKA Corporation
- Vantage Specialty Chemicals, Inc.
- Aquatrols
- Rallis India Limited
- Humintech GmbH.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In December 2022, the Ontario government finalized amendments to the On-Site and Excessive Soil Regulation (Excess Soil Regulation) and the Regulations for Soil Management and Excess Soil Quality Standards (Soil Rules). These changes, which took effect on January 1, 2023, eliminated the cap on soil storage heaps and the reuse planning requirements for a few projects.
- In May 2022, Koppert India and UPL India have inked an agreement under which Koppert will create a biofertilizer for UPL, which UPL will distribute to its growers in India through its new global business unit, NPP. Copio, a biofertilizer, improves soil health, resulting in higher plant establishment and total yield.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global soil conditioners market based on the below-mentioned segments:
Global Soil Conditioners Market, By Type
- Organic Soil Conditioners
- Inorganic Soil Conditioners
Global Soil Conditioners Market, By Formulation
- Liquid
- Dry
Global Soil Conditioners Market, By Application
- Agriculture
- Construction & Mining
- Others
Global Soil Conditioners Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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