The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growing concern about soil deterioration is likely to promote innovation in soil amendments manufacturing, propelling the market during the forecast period.

The global soil amendments market is expected to grow from $3.75 billion in 2022 to $4.20 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The global soil amendments market size is expected to reach $6.25 billion in 2027 at a CAGR of 10.4%.

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Global Soil Amendments Market Segments Include:

• By Soil Type: Clay, Sand, Loam, Silt
• By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And vegetables, Other Crop Types
• By Product: Organic, Inorganic
• By Form: Dry, Liquid
• By Application: Construction And Mining, Agriculture And Gardening, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global soil amendments market in 2021.

Major Market Players 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.

Product innovations have emerged as a significant trend in the soil amendments industry, gaining traction. Major players in the soil amendments market are focusing their efforts on developing novel solutions to increase their market position. For example, Mirimichi Green, a US-based producer of effective earth solutions, will debut Essential-G, a new, prilled soil amendment, in June 2020. Essential-G contains the most important soil amendment elements, including silicon, recycled coffee grounds, premium composts, humates, and USDA Certified Biobased Carbon (biochar), and is supported by Mirimichi Green’s CarboMatrix technology. Any standard push-behind spreader may easily distribute Essential-G to the desired uniformity.

The Soil Amendments Global Market Report 2023  provides a soil amendments market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The soil amendments market forecast analyzes soil amendments market size, soil amendments market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Soil amendments are substances that are added to soil to improve its physicochemical or biological properties. It is often used to improve soil fertility and water-holding capacity in order to produce a better environment for plant growth.

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