Global Soil Conditioners Market is valued at approximately USD 1.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.3 % over the forecast period 2021-2027. Due to the rising population and declining arable land, there is a substantial increase in the demand for these soil conditioners on the market. Rapid industrialization around the world has resulted in impacted soil texture by increasing salinity and acidity. Moreover, rising irrigation is fuelling the demand for soil consitioners. For instance, according to the Food and Agriculture Organization (FAO), by 2050, irrigation-ready land would increase by 32.0 million hectares, while cultivated irrigated land would increase by 17.0 percent. These situations are likely to play out in developed countries, resulting in a lack of nutrient availability for crops. As a result, crop yields are decreasing, and the consistency of the finished commodity is deteriorating. The proportion of arable land, which is mainly used to cultivate food, is decreasing as the world’s population grows. This necessitates the use of low soils for agriculture. Farmers all over the world are using soil conditioners including green manure, compost, and other organic matter to restore soil fertility and improve soil composition, allowing plants to absorb nutrients and water more effectively. Companies in the sector are launching new goods to meet the needs of farmers who want to improve the quality and composition of their soil. However, low adoption rate and high cost of inorganic soil conditioners may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Soil Conditioners Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America, and Rest of the World. Asia-Pacific is considered one of the largest markets for agricultural products due to its vast fertile fields and favorable climatic conditions. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, as the United States is one of the world’s largest crop-producing nations, with a strong regulatory system that favors market trends and technical advancement in farming methods. It is one of the largest wheat and maize growers in the world.
Major market player included in this report are:
Southern Petrochemical Industries Corporation Ltd (SPIC)
Omnia Holdings Limited
Evonik Industries AG
Mangalore Chemicals & Fertilizers Limited
FoxFarm Soil & Fertilizer Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Organic(Compost, Green and Farmyard Manure, Peat, Others)
Inorganic( Polymers, Gypsum)
Construction & mining
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018-19
Base year – 2019-2020
Forecast period – 2021 to 2027.
Target Audience of the Global Soil Conditioners Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers