Soil Amendments Market Emerging Trends and Developments

Soil Amendments Market by Type (Organic and Inorganic), Soil Type (Loam, Clay, Silt, and Sand), Crop Type (Cereals & Grains, Fruits & Vegetables, and Oilseeds & Pulses), Form (Dry and Liquid), and Region - Global Forecast to 2025

(EMAILWIRE.COM, April 26, 2021 ) The soil amendments market is estimated to account for a value of USD 3.7 billion in 2020 and is projected to grow at a CAGR of 10.7% from 2020, to reach a value of USD 6.2 billion by 2025. The global market is projected to witness significant growth due to factors such as growing awareness about soil health management, easy availability of humic substances as raw materials, and strong demand for high-value crops.

The main reason for adding soil amendments to the soil is to provide a better environment for roots and plant growth. This includes the improvement of soil structure and water-holding capacity, availability of nutrients, and living conditions for soil organisms, which are important for plant growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129654227

The biofertilizers segment is estimated to account for the largest market share, in terms of value, in 2020.

Among organic soil amendments, the biofertilizers segment is estimated to account for the largest market share in 2020. Biofertilizers are offered at low prices and are applied in small dosages, in comparison with chemical fertilizers. Besides affecting the crops directly, they increase the population of soil microorganisms. They also secrete plant hormones, which favor germination and root growth.

The fruits & vegetables segment, on the basis of crop type, is estimated to account for the largest market share, in terms of value, in 2020.

Vegetable crops are sensitive to water shortage. To increase the water-holding capacity of soils, growers use various soil amendments. The application of biofertilizers as soil amendments for fruits & vegetables helps to improve the quality, shelf life, and yield of fruits & vegetables.

The loam segment is projected to be the largest segment in the soil amendments market during the forecast period.

Loamy soil is a mixture of sand, silt, and a lesser amount of clay particles. It has high calcium content and aeration capacity. It is rich in nutrients obtained from decomposed organic matter. This soil is commonly suitable for most crops and vegetables. In addition, loamy soil has moderate water retention capacity and is widely available across regions, due to which this segment is projected to dominate the market.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=129654227

North America is projected to grow at the highest CAGR during the forecast period.

In North America, the main cause of soil degradation is the increase in industrial activities. According to a report published by Cornell study 2017, in the US, soil disappears ten-times faster than it is naturally replenished, at an estimated rate of nearly 1.7 billion tons of farmland per year. This will increase the application of soil amendments in the North American region.

Leading companies are BASF (Germany), Bayer (Germany), UPL Limited (India), FMC Corporation (US), ADAMA Agricultural Solutions (Israel), Nufarm (Australia), Evonik Industries AG (Germany), Novozymes A/S (Denmark), Agrinos (Norway), T.Stanes & Company (India), Lallemand, Inc. (Canada), SA Lime & Gypsum (South Africa), Timac Agro (France), Biosoil Farms (US), Profile Products LLC (US), The Fertrell Company (US), Haifa Group (Israel), Symborg (Spain), Soil Technologies Corporation (US), and Delbon (France).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441