Global Soil Conditioners Market to Hit $9.50 Billion by 2031 Amid Rising Organic Farming Trends


Posted November 12, 2024 by roshanikale

The soil conditioners market is expected to reach $9.50 billion by 2031, at a CAGR of 7.7% from 2024 to 2031.
 
A new report by Meticulous Research®, titled *"Soil Conditioners Market Size, Share, Forecast, & Trends Analysis by Type (Organic {Polysaccharides}, Inorganic), Solubility (Water-soluble), Soil Type (Loam, Sand, Silt, Peat), Crop Type (Grains & Cereals, Fruits & Vegetables) — Global Forecast to 2031,"* has projected that the global soil conditioners market will grow at a CAGR of 7.7%, reaching $9.50 billion by 2031.

Several factors are driving this market, including the reduction of arable land worldwide, the increasing emphasis on sustainable soil management, and the rise in organic farming practices. The increasing demand for organic food products further fuels market growth. However, low awareness about the benefits of soil conditioners continues to limit widespread adoption, especially in developing regions.

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On the positive side, the use of soil conditioners in emerging markets is creating new opportunities for industry players. However, the complex and time-consuming approval processes for these products pose a significant challenge for manufacturers.

**Top Market Players**
The report lists key players in the soil conditioners market, including major companies like BASF SE (Germany), Loveland Products, Inc. (U.S.), Eastman Chemical Company (U.S.), Evonik Industries AG (Germany), Aquatrols (U.S.), and Syngenta AG (Switzerland). Other key players are UPL Limited (India) and FMC Corporation (U.S.).

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**Detailed Market Segmentation**
The market is categorized by type (organic and inorganic), solubility, soil type, crop type, and region. Organic soil conditioners, which are expected to dominate the market with a 75.2% share in 2024, are in high demand due to growing concerns about the harmful effects of chemical residues on food and the environment.

In terms of soil type, the clay soil segment is expected to grow the fastest, as more farmers seek to improve the poor drainage and aeration associated with clay soils.

The market for cereals and grains is the largest by crop type, accounting for nearly half (49.2%) of the market in 2024. This dominance is attributed to the global dependence on grains as staple foods and their use in various industrial applications.

**Regional Overview**
Asia-Pacific is poised to register the highest growth during the forecast period, driven by poor soil management practices, rising interest in organic farming, and increased consumer awareness of chemical hazards.

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Key Questions Answered in the Report:
• What are the historical market sizes and growth rates of the soil conditioners market?
• At what rate is the demand for soil conditioners projected to grow over the next 5–7 years?
• What are the major factors impacting market growth at the regional and country levels? What are the opportunities for existing players and new entrants in the market?
• Which segments, in terms of type, solubility, soil type, and crop type, are expected to create traction for the manufacturers in this market during the forecast period 2024–2031?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for players operating in the soil conditioners market during the forecast period of 2024–2031?
• Who are the major players in the soil conditioners market? What are their specific product offerings in this market?
• What are the recent strategic developments in the soil conditioners market? What are the impacts of these strategic developments on the market?

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Issued By Roshani
Country United States
Categories Business
Tags soil conditioners market
Last Updated November 12, 2024