United States Soil Amendment Market Size, Share, and COVID-19 Impact Analysis, By Type (Organic, Humic Acid, Biofertilizers, Gypsum, and Inorganic), By Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables), and United States Soil Amendment Market Insights, Industry Trend, Forecasts to 2033.

Industry: Agriculture

RELEASE DATE Jul 2024
REPORT ID SI5327
PAGES 211
REPORT FORMAT PathSoft

United States Soil Amendment Market Insights Forecasts to 2033

  • The Market is Growing at a CAGR of 10.11% from 2023 to 2033
  • The U.S. Soil Amendment Market Size is Expected to Hold a Significant Share by 2033

United States Soil Amendment Market

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The US Soil Amendment Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 10.11% from 2023 to 2033.

 

Market Overview

All inorganic and organic materials incorporated into the soil to improve its composition in terms of plant production are referred to as soil amendments. The physical characteristics of soil are enhanced by soil amendments, which leads to improved conditions for root development, water storage, and soil ecosystems. The purpose of soil amendment is to enhance roots and plant growth circumstances. This includes improving the soil's structure and ability to hold water, increasing the amount of nutrients available, and creating a home for soil organisms all of which are critical to plant growth. Additionally, improved root development and soil texture prevent soil degradation in windy or rainy areas. Additionally, when organic amendments (like manure) are applied, it maintain the nutrition cycle. The market for soil amendments in the United States has grown significantly over the years, and farmers are using them to improve the structure of their soil by making it more textured while minimizing compaction.

 

Report Coverage

This research report categorizes the market for United States soil amendment market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the U.S. soil amendment 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 US soil amendment market.

 

United States Soil Amendment Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :10.11%
Historical Data for:2019-2022
No. of Pages:211
Tables, Charts & Figures:110
Segments covered:By Type, By Crop Type
Companies covered:: Scotts Miracle-Gro, BASF Corporation, Bayer AG (Bayer Crop Science), Syngenta AG, Advanced Biological Marketing (ABM), Espoma Organic, J.R. Simplot Company, The Andersons Inc., and Others
Pitfalls & Challenges:Covid 19 Impact Challanges, Future, Growth and Analysis

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Driving Factors

Due to soil amendment reducing pollutant bioavailability at a lower cost than other current options, they have the potential to safeguard human health and the environment while facilitating the restoration, revival, and reuse of damaged areas. In numerous places, this technology could be the only affordable treatment option. Furthermore, this strategy offers the benefit of reclaiming damaged or disturbed land by recycling municipal and industrial residuals instead of disposing of what is typically deemed waste in landfills or by incineration. The market for soil amendments can, in fact, be significantly increased by government initiatives. Funding for soil science and agriculture research and development is frequently provided by the governments of various nations.

 

Restraining Factors

Lack of understanding of soil ecosystem services hinders setting targets and criteria for assessing the impact of land use changes, mostly due to a lack of guidelines. Additionally, there is a lack of expertise and training about the proper use of organic fertilizers and soil amendments. Since chemical fertilizers are more widely available, farmers prefer to utilize them.

 

Market Segmentation

The US soil amendment market share is classified into type and crop type.

 

  • The humic acid segment is anticipated to hold a significant share of the U.S. soil amendment market during the forecast period.       

Based on the type, the United States soil amendment market is divided into organic, humic acid, biofertilizers, gypsum, and inorganic. Among these, the humic acid segment is anticipated to hold a significant share of the U.S. soil amendment market during the forecast period. Higher yields can be achieved through the critical functions of humic acid in microbial activity, root vitality, germination, chlorophyll production, and fertilizer retention.

 

  • The oilseeds & pulses segment is anticipated to hold a significant share of the United States soil amendment market during the forecast period.       

Based on the crop type, the US broadcast automation market is divided into cereals & grains, oilseeds & pulses, and fruits & vegetables. Among these, the oilseeds & pulses segment is anticipated to hold a significant share of the United States soil amendment market during the forecast period. oilseeds are extensively used to make biodiesel and renewable chemicals, as well as for feeding in various cake forms. One of the main elements increasing soybean yield is the increased application of biofertilizers as soil amendments.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US soil amendment 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

  • Scotts Miracle-Gro
  • BASF Corporation
  • Bayer AG (Bayer Crop Science)
  • Syngenta AG
  • Advanced Biological Marketing (ABM)
  • Espoma Organic
  • J.R. Simplot Company
  • The Andersons Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In April 2024, the consumer lawn and garden care products firm ScottsMiracle-Gro announced a new campaign called "Gro Like Martha" that will combine its Miracle-Gro brand with home décor and gardening guru Martha Stewart.

 

Market Segment

This study forecasts revenue at the U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Soil Amendment Market based on the below-mentioned segments:

 

United States Soil Amendment Market, By Type

  • Organic
  • Humic Acid
  • Biofertilizers
  • Gypsum
  • Inorganic

 

United States Soil Amendment Market, By Crop Type

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables

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