Global Soil Conditioners Market Is Projected To Experience Rapid Expansion From 2025 To 2029
How Does The Expected Soil Conditioners Market Size In 2029 Compare With Its Size In 2025?
The soil conditioners market size has grown strongly in recent years. It will grow from $6.31 billion in 2024 to $6.68 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to economic growth in emerging markets, a decline in the availability of arable land due to industrialization, an increased demand for organic food products, an increasing demand for plant-based food items and increasing concerns about the environment.
The soil conditioners market size is expected to see strong growth in the next few years. It will grow to $8.81 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to a rise in demand for agricultural products, a rapid growth of the agriculture and allied sectors and a growing focus on innovative farming techniques. Major trends in the forecast period include launch of fulvic acids soil conditioners for best use of nutrients, focus on advanced soil conditioning packages, technological advancement, launch of organic soil conditioners to improve soil structure and strategic mergers and acquisitions.
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Which Major Drivers Are Strengthening Demand In The Soil Conditioners Market?
Increased demand for organic food products is expected to propel the growth of the soil conditioners market. Soil conditioners can improve poor soils by adding organic material among soil particles. Soil conditioners improve soil structure through increasing water retention, increasing aeration and adding plant nutrients. Such soil is useful to grow organic food products. Organic food products can be beneficial for soil conditioning through the principles and practices associated with organic farming. For instance, in June 2022, according to the current Organic Trade Association (OTA) Organic Industry Survey, customers will return to more stable, buy-as-you-need shopping patterns in 2021. Organic sales exceeded $63 billion between 2020 and 2021, with a $1.4 billion (2 %) year-on-year increase. Therefore, the increased demand for organic food products is driving the growth of the soil conditioners market.
How Is The Soil Conditioners Market Divided Across Its Major Segment Categories?
The soil conditionersmarket covered in this report is segmented —
1) By Product Type: Organic, In-Organic
2) By Formulation: Dry, Liquid
3) By Soil Type: Sand, Silt, Clay, Loam, Other Soil Types
4) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Others
Subsegments:
1) By Organic Soil Conditioners: Compost, Manure, Peat Moss, Green Manure, Biochar, Seaweed Extracts
2) By Inorganic Soil Conditioners: Gypsum, Lime, Sulfur, Fertilizers, Synthetic Soil Amendments
What Trends Are Projected To Impact The Soil Conditioners Market In The Coming Years?
Major companies operating in the soil conditioner market are focused on new technologies, such as online retail, to enhance customer accessibility and streamline the purchasing process. Online retail is the selling of goods and services through the internet, allowing customers to browse and purchase products from various e-commerce platforms. For instance, in July 2023, Agromin, a US-based manufacturer of earth-friendly soil products, launched an online retail store. The online store offers a variety of products, including Agromin’s compost and mulch, which are made from locally recycled organic waste.
Which Influential Players Dominate The Competitive Environment Of The Soil Conditioners Market?
Major companies operating in the soil conditioners market include BASF SE, Evonik Industries AG, UPL Limited, Saint-Gobain Group, Solvay S.A., Omnia Holdings Limited, Mangalore Chemicals & Fertilizers Limited, Nufarm, Novozymes A/S, Southern Petrochemical Industries Corporation Ltd (SPIC), Weifang Hanhe Fertilizer Co. Ltd, Qingdao Haidelong Biotechnology Co. Ltd, Changsha Richfield Agri Tech Co. Ltd, Eco Sustainable Solutions, Halcyon Environmental, RMB Hydroseeding, Advance Grass Solutions, Amenity Land Solutions, Angus Horticulture, Boughton Loam Ltd, Edagum Sm Rus LLC, Norofert Group, AGRO CS, VitaFer.pl, Intermag, PhosAgro, Acron Group, Bioera-Moscow LLC, Lignohumatate, Nutrien Ltd, Mosaic Co, Rooted Leaf Agritech, Polyorganic Technologies Corporation, North American Kelp, CoastBio, Cargill Inc, ExcelAg Corp, Monty’s Plant Food, Technes Agrícola Ltda — Sede Adm, Brazilian Agricultural Research Corporation, Volza, Tradecorp Brazil, Wasit General Trading LLC, Agrotar, Haifa Group, GrowGroup Israel, ICL Israel Chemicals Ltd, Awam Group LLC, Dow AgroSciences, Eastman Chemical Company, Nutri-Crop Agro, TerraCottem, Kamasol Aqua
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Which Regions Are Generating The Highest Demand Within The Soil Conditioners Market?
Asia-Pacific was the largest region in the soil conditioner market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the soil conditioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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