Global Soil Amendments Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Soil Amendments are the organic or inorganic materials applied to agricultural lands that improves the characteristics of the soil. They can be used for different types of soils such as loam, slit, clay and sand etc. The Soil Amendments market is expanding because on the back of rising demand for organic food products and growing awareness about soil health management.

According to the Forschungsinstitut fur biologischen Landbau FiBL in 2020, around 1.6% of the farmland globally are organic. Liechtenstein (Europe) had the highest organic share of total farmland (41.6%), followed by Austria (26.5%) and Estonia (26.5%). (22.4 percent). Organic agriculture accounts for 10% or more of all agricultural land in 18 countries. By the end of 2020, nearly 75 million hectares had been organically managed, representing a 4.1 percent or 3 million hectares increase over 2019. Incorporation of soil amendments into fertilizer formulations devices and growth activities in developing countries create lucrative opportunities for the market. However, short shelf of soil amendments hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Soil Amendments Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue, owing to the presence of coal mining, rock mining, smelting & refining sites. Whereas, North America is expected to grow with fastest growth rate owing to the rising demand for organic food products, growing penetration of market players and rising growth activities by developing countries across the globe in the forecast period.

Major market players included in this report are:

BASF SE (Germany)

UPL Limited (India)

FMC Corporation (US)

Nufarm (Australia)

Evonik Industries (Germany)

Novozymes A/S (Denmark)

Bayer AG (Germany)

Adama (Israel)

T Stanes & Company (India)

Lallemand Inc (Canada)

Recent Developments in the Market:

In May 2019 - Evonik will open its new Applied Technology Center (ATC) in Sao Paulo, Brazil, which will include cutting-edge laboratories and pilot plants. The company intends to increase local capacity for producing biocompatible solutions.
In March 2022 - Haifa Group acquired Horticoop Andina, an Ecuador-based wholesaler that specializes in marketing agricultural nutritional products. The company intends to expand its presence in Ecuador and the Latin American market.
Global Soil Amendments Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Soil, Crop, Form, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Type:

Organic,

Inorganic

By Soil:

Sand,

Loam,

Clay,

Slit

By Crop:

Cereals & Grains,

Oilseeds & Pulses,

Fruits & Vegetables

By Form:

Dry

Liquid

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World