The Business Research Company’s report on the Soil Amendments Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the soil amendments market further?
The increasing concern about soil degradation is expected to propel the growth of the soil amendments market going forward. Soil degradation refers to the loss of soil quality or fertility due to natural or human-induced factors. The increasing concern about soil degradation is mostly driven by intensive agriculture practices, deforestation, urbanization, and climate change, to address these issues, the amendments are in soil that improves soil quality by re-establishing microbial populations, balancing pH, adding organic matter, boosting water holding capacity, and reducing compaction. For instance, in November 2022, according to the United Nations Convention to Combat Desertification (UNCCS), a US-based UN Agency for land restoration, one-fifth of the world’s population now lives and works on degraded agricultural land, and it is estimated that around 40% of the world’s soil is already degraded, and around 90% could become degraded by 2050. Additionally, 10 to 12 million hectares of farmland are lost to soil degradation each year. Therefore, increasing concerns about soil degradation will fuel the soil amendment market growth.
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What are the key factors influencing the forecasted market size of the soil amendments industry?
The soil amendments market size has grown rapidly in recent years. It will grow from$4.65 billion in 2024 to $5.15 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to government subsidies and incentives, soil erosion concerns, organic farming trends, crop rotation practices, awareness and education
The soil amendments market size is expected to see rapid growth in the next few years. It will grow to “$7.76 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to precision agriculture adoption, climate change adaptation, regenerative agriculture practices, government regulations, circular economy initiatives. Major trends in the forecast period include technological innovations, organic soil amendments, microbial soil enhancers, precision agriculture and soil testing, biochar integration.
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Who are the leading competitors in the soil amendments market?
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 emerging trends are set to transform the soil amendments market landscape?
Major companies operating in the soil amendments market are focusing on innovative product launches, such as advanced agricultural solutions designed to provide long-lasting protection against a broad spectrum of fungal diseases in various crops, promoting healthier yields, and supporting sustainable farming practices. An advanced agricultural solution refers to innovative technologies, products, or practices designed to enhance crop production, improve pest and disease management, and promote sustainability in farming operations. For instance, in March 2023, Bayer, a Germany-based global leader in agriculture and life sciences, announced the EPA approval of Luna Pro Fungicide. Luna Pro Fungicide is a premium fungicide that effectively controls both foliar and soilborne diseases, particularly in potato cultivation, using a combination of systemic active ingredients. Its formulation includes prothioconazole, which inhibits fungal growth at the cellular level, and fluopyram, which enhances disease resistance and promotes overall plant health. By improving crop resilience and yield potential, this fungicide serves as a crucial tool for growers looking to manage disease pressures while ensuring sustainable agricultural practices.
How do different geographies compare in terms of market share and growth potential 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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Which major segments of the soil amendments market are experiencing the fastest growth?
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
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How is the soil amendments market defined, and what are its core characteristics?
Soil amendments refer to substance applied to soil to enhance its physicochemical or biological characteristics. It is commonly used to create a better environment for plant growth by enhancing soil fertility, and water-holding capacity.
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