PUBLISHER: The Business Research Company | PRODUCT CODE: 1615044
PUBLISHER: The Business Research Company | PRODUCT CODE: 1615044
Soil treatment encompasses a range of methods aimed at enhancing the properties of soil, restoring its health, or addressing contamination issues. The key goals of these treatments are to improve soil structure, increase fertility, boost water retention, and eliminate or neutralize pollutants, thereby making the soil more appropriate for agricultural, construction, or environmental uses.
The primary categories of soil treatment include organic amendments, pH adjusters, and soil protection techniques. Organic amendments consist of natural substances incorporated into the soil to enhance its physical characteristics, including water retention, permeability, and nutrient levels. Various technologies are employed, such as biological, thermal, and physiochemical treatments, which are applicable in fields such as agriculture, forestry, construction, and landscaping.
The soil treatment market research report is one of a series of new reports from The Business Research Company that provides soil treatment market statistics, including soil treatment industry global market size, regional shares, competitors with a soil treatment market share, detailed soil treatment market segments, market trends and opportunities, and any further data you may need to thrive in the soil treatment industry. This soil treatment products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The soil treatment market size has grown strongly in recent years. It will grow from $37.95 billion in 2023 to $40.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth observed in the historical period can be linked to several factors, including the rising global population, heightened demand for food and crop production, growing environmental concerns, improved nutrient levels in soil, and a greater acceptance of organic and sustainable farming practices.
The soil treatment market size is expected to see strong growth in the next few years. It will grow to $51.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The anticipated growth during the forecast period can be attributed to several factors, including the rising trend of modern farming practices, a surge in soil-borne pest infestations, increased agricultural production, stricter regulations on chemical fertilizers and pesticides, and a rise in soil contamination due to construction and industrial activities. Key trends expected in this period include the use of advanced farming equipment, the creation of innovative formulations, advancements in crop protection technology, technological innovations, and the development of new products.
The growth of the agriculture sector is anticipated to significantly boost the soil treatment market in the future. This sector includes all activities related to crop cultivation, livestock raising, and the production of food, fiber, and other goods derived from plants and animals. The agriculture sector's expansion can be attributed to changing dietary habits, increasing awareness of environmental concerns, and rising investments in agricultural research, development, and infrastructure. Soil treatment plays a crucial role in agriculture by enhancing soil health and improving crop yields. This process involves the addition of organic matter, fertilizers, and soil conditioners to increase nutrient availability, enhance soil structure, and improve water retention. For example, a report from the Department for Environment, Food & Rural Affairs in February 2024 indicated that the average farm business income (FBI) for UK farms rose notably from $50,461 (£46,500) in 2020/21 to $78,133 (£72,000) in 2021/22. Additionally, the total income from farming (TIFF) in the UK reached $6.61 billion (£7.9 billion) in 2022, marking a 17% increase from 2021 with $1.43 billion (£1.1 billion). Thus, the growth in agricultural production is a driving force behind the soil treatment market.
Key players in the soil treatment market are concentrating on the development of advanced technologies, such as soil health mapping services, which provide accurate data on soil conditions. This enables farmers to optimize crop production and improve soil management practices. Soil health mapping services involve detailed analysis and visualization of soil properties essential for treatment. For instance, in September 2022, Syngenta Group B.V., a Switzerland-based agricultural technology firm, introduced INTERRA Scan, a soil health mapping service aimed at enhancing soil treatment and management for growers. This service offers high-resolution soil mapping that evaluates up to 27 layers of soil health information, including vital properties such as pH levels, soil texture, organic matter, carbon content, and cation exchange capacity. The goal of this service is to improve soil management practices by enabling targeted applications of fertilizers and other inputs based on precise soil data.
In July 2024, Ortec Group, a French company providing engineering services, acquired the soil and organic waste treatment activities of Englobe Corporation for an undisclosed sum. Through this acquisition, Ortec Group intends to strengthen its position in soil remediation, a specific type of soil treatment, and to align with its commitment to environmental transition and combating land artificialization. Englobe Corporation is a Canadian firm that offers soil treatment solutions.
Major companies operating in the soil treatment market are BASF SE, Compagnie de Saint-Gobain, Veolia Environnement S.A., Evonik Industries AG, Fortum Oyj , UPL Limited, Solvay S.A., Novozymes A/S, Rallis India Limited, Dowa Eco-System Co. Ltd., Triumvirate Environmental Inc., ESD Waste2Water Inc., Clean-Co Systems Inc., Agro Phos India Limited, Swaroop Agrochemical Industries Private Limited, Soil Technologies Corporation, Kanesho Soil Treatment SRL, CDE Group Ltd., Innovative Earth Solutions (IES) Inc., Soil Works LLC
North America was the largest region in the soil treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the soil treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the soil treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The soil treatment market consists of revenues earned by entities by services such as soil testing and analysis, soil management consulting, and soil remediation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The soil treatment market also includes sales of soil testing kits, soil inoculants, and soil wetting agents. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Soil Treatment Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on soil treatment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for soil treatment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The soil treatment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.