Soil Conditioners Market Worth $10.34 billion by 2030

Soil Conditioners Market by Type (Natural, Chemical), by Solubility (Water Soluble, Hydrogels), by Soil Type (Sand, Slit, Clay), by Application (Agriculture, Industrial), by Crop Type (Grains & Cereals, Oilseeds, Fruit & Vegetables) - Global Forecast to 2030

Meticulous Research^®—a leading global market research company, published a research report titled ‘Soil Conditioners Market by Type (Natural, Chemical), by Solubility (Water Soluble, Hydrogels), by Soil Type (Sand, Slit, Clay), by Application (Agriculture, Industrial), by Crop Type (Grains & Cereals, Oilseeds, Fruit & Vegetables) - Global Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the global soil conditioners market is projected to reach $10.34 billion by 2030, at a CAGR of 7.1% from 2023 to 2030. This market is majorly driven by factors such as the decrease in arable land, awareness about soil management practices, growing organic farming and demand for organic food, and the benefits of soil conditioners. Additionally, multiple applications of soil conditioners generate significant opportunities for manufacturers in the global soil conditioners market. However, the low adoption rate of soil conditioners hinders the growth of this market to some extent.

The global soil conditioners market is segmented based on type, solubility, soil type, application, crop type, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on type, the global soil conditioners market is mainly segmented into natural and chemical. In 2023, the natural segment is expected to account for the largest share of the overall soil conditioners market. The large market share of this segment is increased environmental and public health concerns related to the use of chemical products, increasing demand for chemical residue-free agricultural stuff, and government support for the use of natural agricultural products. This segment is also projected to register the highest CAGR during the forecast period due to growing organic farming.

Based on solubility, the global soil conditioners market is mainly segmented into water-soluble and hydrogels. In 2023, the water-soluble segment is expected to account for the largest share of the soil conditioners market. The leading position of this segment is mainly attributed to its benefits, such as effective water-holding capacity and soil stabilization. This segment is also projected to register the highest CAGR during the forecast period.

Based on soil type, the global soil conditioners market is mainly segmented into sand, silt, clay, loam, and peat. In 2023, the sand segment is expected to account for the largest share of the overall soil conditioners market. The large market share of this segment is mainly attributed to its low water holding and nutrient retention capacity. However, the clay segment is projected to register the highest CAGR during the forecast period. The fast growth of this segment is mainly due to the growing need to overcome the problems of poor aeration and drainage.

Based on application, the global soil conditioners market is mainly segmented into agriculture and industrial. In 2023, the agriculture segment is expected to account for the largest share of the overall soil conditioners market. The large market share of this segment is mainly attributed to the increasing demand for food, a decrease in arable land, and the benefits of soil conditioners in agriculture. This segment is also projected to register the highest CAGR during the forecast period due to increasing demand for organic food and beverages.

Based on crop type, the global soil conditioners market is mainly segmented into cereals & grains, oilseeds, fruits & vegetables, and others. In 2023, the cereals and grains segment is expected to account for the largest share of the overall soil conditioners market. The large market share of this segment is mainly attributed to factors such as increased demand for cereal and grains and their major consumption as a staple food in many countries. However, the fruit and vegetable segment is expected to register the highest CAGR during the forecast period owing to the increasing demand for chemical-free fruits & vegetables.

Based on geography, in 2023, Asia-Pacific is expected to account for the largest share of the overall soil conditioners market. The large share of this market is primarily attributed to its large arable land, growing population, and the adoption of new farming practices. However, Latin America is slated to register the fastest growth during the forecast period, primarily due to a large area under agricultural cultivation, increasing demand for crop yield & efficiency, and growing organic farming.

Key Players

The key players operating in the global soil conditioners market are BASF SE (Germany), Solvay S.A. (Belgium), The Dow Chemical Company (U.S.), Loveland Products, Inc. (U.S.), Eastman Chemical Company (U.S.), Akzo Nobel N.V. (Netherlands), Evonik Industries AG (Germany), Aquatrols (U.S.), Sanoway GmbH (Austria), and Biosoil Farm Inc. (U.S.).

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Key questions answered in the report-

Which are the high-growth market segments in terms of type, solubility, soil type, application, crop type, and regions?
What is the historical market for soil conditioners across the globe?
What are the market forecasts and estimates for the period of 2021–2030?
What are the major drivers, restraints, challenges, opportunities, and trends in the global soil conditioners market?
Who are the major players in the global market, and what share of the market do they hold?
Who are the major players in various countries, and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global soil conditioners market?
What are the different strategies adopted by the major players in the market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the global soil conditioners market, and how do they compete with the other players?