Soil Treatment Market Size, Share, Opportunities, And Trends By Technology (Physical Treatment, Biological Treatment, Thermal Treatment), By Type (Organic Amendments, PH Adjusters, Soil Protection), By Application (Soil Protection, Weed Control, Pest Control, Soil Fertility, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Aug 2024
- Report Code : KSI061615541
- Pages : 140
The soil treatment market was valued at US$40.326 billion in 2022 and is expected to grow at a CAGR of 8.56% to make US$71.647 billion in 2029 during the forecast period.
Soil treatment is a collective set of procedures and practices applied to restore soil functionality or prevent soil degradation. It is a process of managing soil using different measures to fix soil compaction, weak fertility, erosion, pollution, and nutrient exhaustion. Biological treatment, such as bacteria decomposition, is used more frequently to clean soil that might have been contaminated by organic materials like gasoline or oil. Although biological therapy is cost-effective, it takes a long time to complete, perhaps from a few weeks to several months.
The soil treatment market is surging because of growing awareness of sustainable farming methods, increased demand for improved agricultural production, and government measures to promote soil health. Furthermore, the increasing requirement to rehabilitate polluted soils and address environmental issues drives market expansion, encouraging innovation in soil treatment technology.
Soil Treatment Market Drivers:
- Increasing awareness among small farmers is anticipated to fuel the market.
Automation is essential in every business, including agriculture. Because of this, fresh hybrid seeds are created and used each year. Numerous experts have conducted various studies to discover new opportunities for small farms and seed producers in the developing world, and they ultimately concluded that soil remediation is the best course of action. Hybrid plants are essential for the agriculture industry to provide enough food, feed, fuel, and fiber. This issue may be resolved using a straightforward soil remediation process. These factors influence the soil treatment industry.
- Decreasing arable land and increasing demand for food might impact the soil treatment market.
The global population, which reached 8 billion in mid-November 2022, is estimated to rise by another 2 billion people around 30 years, with an expected 9.7 billion people in 2050. On the other hand, industrialization and urbanization are decreasing the available arable land in the main agricultural countries.
For instance, according to the FAO resources, by 2050, agriculture will use only 12% of the total land area for crop production. In addition, there is very little chance for more agricultural land to grow. This pressure leads to the use of soil treatment chemicals to raise yields on the current cropland.
- Micronutrient deficiency in soil is predicted to upsurge the market.
Micronutrient malnutrition is widespread around the globe, with Asia-Pacific being one of the largest affected regions. About one-third of the population is iron deficient, and more than half is zinc deficient. These soils are used for growing cereal crops.
Zinc, boron, and other micronutrients are all suspected of being somewhat deficient in 40–55 to 25–35 to 10-15 percent of soils, respectively. The plants are not responding to fertilizers and insecticides because of extreme micronutrient deficiencies in the soil, leading to low crop output. Ph adjusters can be used to solve this problem, which will impact the soil treatment market size.
- Innovation in soil protection technology might upsurge the market.
Soil treatment market-oriented growth is rooted in people's increasing knowledge of soil-deterioration issues and related government programs to treat contaminated and polluted soils. Treatment technologies enhance soil quality by reviving microbial activity, regulating the pH level, enhancing moisture retention, and minimizing compaction. Additionally, the advantages of soil treatment methods, such as increased nutrients and better soil physical and biological components, are driving the soil treatment industry's expansion. In emerging countries with active industrialization, methods to increase aeration and land fertility considerably boost the soil treatment market growth.
- Growing focus of key manufacturers on product innovation.
The industry under study is very fragmented, with many different companies competing for soil treatment market share. However, certain businesses, including Bayer Crop Science AG, Corteva AgriScience, BASF SE, Syngenta, and AMVAC Chemical Corporation, are working to increase their market share.
Companies are focused on strategic mergers and acquisitions and growth as their primary implemented tactics in the global soil treatment market, in addition to the introduction of cutting-edge products. Investments in R&D and creating unique product portfolios will probably be essential tactics in the upcoming years, along with innovations and expansions.
Soil Treatment Market Geographical Outlook
- North America is anticipated to dominate the soil treatment market.
In North American countries, including the US, Canada, and Mexico, there has been a growing awareness about polluted soil and the various methods of cleaning that soil, which in turn has led to an increase in soil treatment market size. For instance, the MAAVi Innovation hub of Kimitec and UPL, a pioneer in sustainable agriculture solutions across the U.S., was launched in May 2022 and has led to various specialized bio-solution solutions technology, mostly geared towards soil treatments and amendments.
- Canada is predicted to hold a significant market share in the North American region.
According to the Canadian Food Inspection Agency (CFIA), the amount and complexity of organisms found in Canadian soil make it practically difficult for soils to be devoid of such pests. Strong phytosanitary regulations regarding soil are thus required to reduce the chances of the entry and spread of important soil-borne quarantine pests into Canada.
Furthermore, the Government of Canada plans to invest USD 162.6 million in the Canadian Food Inspection Agency (CFIA) for the next 5 years, as well as USD 40 million each year. As a result, the country has sufficient knowledge regarding soil remediation, boosting the nation's soil treatment market.
Soil Treatment Market Players and Products:
- IXPER solution: Solvay's soil remediation solutions help repair several ecosystems. In addition, IXPER® solution increases soil oxygen levels, promoting microorganisms' growth.
- MARITIME, offered by Loveland Agri Products, is a biologically extracted kelp solution that is very soluble. By enhancing soil microbiota, plant vigor, and plant response to stress, MARITIME supports a balanced crop nutrition system.
Soil Treatment Market Key Developments:
- In October 2023, Englobe, a global leader in contaminated soil treatment and processing, announced cooperation with OPTEL to ensure full regulatory traceability of its soils at its many facilities worldwide. OPTEL's Optchain™ solution enables Englobe's subsidiaries in Canada, France, and the United Kingdom to digitize operations and send contaminated soil transport and treatment information to government bodies following local regulations.
- In September 2022, FMC India, an agricultural sciences firm, announced the addition of three new products to help Indian farmers achieve higher yields via high-quality crops and healthier soil.
- In June 2022, ADAMA, in collaboration with Groundwork BioAg, a leading global bio-agriculture firm, developed TORMOS. This is a cost-efficient mycorrhizal soil treatment solution for improving crop output and soil health.
- In May 2022, Syngenta Crop Protection's Seedcare division introduced VICTRATO®. This revolutionary technology combines nematode and disease management for producers, aiming to improve crop quality and production while supporting soil health in the long run.
Segmentation:
- By Technology
- Physical Treatment
- Biological Treatment
- Thermal Treatment
- By Type
- Organic Amendments
- pH Adjusters
- Soil Protection
- By Application
- Soil Protection
- Weed Control
- Pest Control
- Soil Fertility
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits for the stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. SOIL TREATMENT MARKET, BY TECHNOLOGY
5.1. Introduction
5.2. Physical Treatment
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.2.3. Geographic Lucrativeness
5.3. Biological Treatment
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.3.3. Geographic Lucrativeness
5.4. Thermal Treatment
5.4.1. Market Trends and Opportunities
5.4.2. Growth Prospects
5.4.3. Geographic Lucrativeness
6. SOIL TREATMENT MARKET, BY TYPE
6.1. Introduction
6.2. Organic Amendments
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.2.3. Geographic Lucrativeness
6.3. pH Adjusters
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.3.3. Geographic Lucrativeness
6.4. Soil Protection
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.4.3. Geographic Lucrativeness
7. SOIL TREATMENT MARKET, BY APPLICATION
7.1. Introduction
7.2. Soil Protection
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.2.3. Geographic Lucrativeness
7.3. Weed Control
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.3.3. Geographic Lucrativeness
7.4. Pest Control
7.4.1. Market Trends and Opportunities
7.4.2. Growth Prospects
7.4.3. Geographic Lucrativeness
7.5. Soil Fertility
7.5.1. Market Trends and Opportunities
7.5.2. Growth Prospects
7.5.3. Geographic Lucrativeness
7.6. Others
7.6.1. Market Trends and Opportunities
7.6.2. Growth Prospects
7.6.3. Geographic Lucrativeness
8. SOIL TREATMENT MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Technology
8.2.2. By Type
8.2.3. By Application
8.2.4. By Country
8.2.4.1. USA
8.2.4.1.1. Market Trends and Opportunities
8.2.4.1.2. Growth Prospects
8.2.4.2. Canada
8.2.4.2.1. Market Trends and Opportunities
8.2.4.2.2. Growth Prospects
8.2.4.3. Mexico
8.2.4.3.1. Market Trends and Opportunities
8.2.4.3.2. Growth Prospects
8.3. South America
8.3.1. By Technology
8.3.2. By Type
8.3.3. By Application
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.1.1. Market Trends and Opportunities
8.3.4.1.2. Growth Prospects
8.3.4.2. Argentina
8.3.4.2.1. Market Trends and Opportunities
8.3.4.2.2. Growth Prospects
8.3.4.3. Others
8.3.4.3.1. Market Trends and Opportunities
8.3.4.3.2. Growth Prospects
8.4. Europe
8.4.1. By Technology
8.4.2. By Type
8.4.3. By Application
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.1.1. Market Trends and Opportunities
8.4.4.1.2. Growth Prospects
8.4.4.2. Germany
8.4.4.2.1. Market Trends and Opportunities
8.4.4.2.2. Growth Prospects
8.4.4.3. France
8.4.4.3.1. Market Trends and Opportunities
8.4.4.3.2. Growth Prospects
8.4.4.4. Spain
8.4.4.4.1. Market Trends and Opportunities
8.4.4.4.2. Growth Prospects
8.4.4.5. Others
8.4.4.5.1. Market Trends and Opportunities
8.4.4.5.2. Growth Prospects
8.5. Middle East and Africa
8.5.1. By Technology
8.5.2. By Type
8.5.3. By Application
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.1.1. Market Trends and Opportunities
8.5.4.1.2. Growth Prospects
8.5.4.2. UAE
8.5.4.2.1. Market Trends and Opportunities
8.5.4.2.2. Growth Prospects
8.5.4.3. Israel
8.5.4.3.1. Market Trends and Opportunities
8.5.4.3.2. Growth Prospects
8.5.4.4. Others
8.5.4.4.1. Market Trends and Opportunities
8.5.4.4.2. Growth Prospects
8.6. Asia Pacific
8.6.1. By Technology
8.6.2. By Type
8.6.3. By Application
8.6.4. By Country
8.6.4.1. China
8.6.4.1.1. Market Trends and Opportunities
8.6.4.1.2. Growth Prospects
8.6.4.2. Japan
8.6.4.2.1. Market Trends and Opportunities
8.6.4.2.2. Growth Prospects
8.6.4.3. India
8.6.4.3.1. Market Trends and Opportunities
8.6.4.3.2. Growth Prospects
8.6.4.4. South Korea
8.6.4.4.1. Market Trends and Opportunities
8.6.4.4.2. Growth Prospects
8.6.4.5. Taiwan
8.6.4.5.1. Market Trends and Opportunities
8.6.4.5.2. Growth Prospects
8.6.4.6. Thailand
8.6.4.6.1. Market Trends and Opportunities
8.6.4.6.2. Growth Prospects
8.6.4.7. Indonesia
8.6.4.7.1. Market Trends and Opportunities
8.6.4.7.2. Growth Prospects
8.6.4.8. Others
8.6.4.8.1. Market Trends and Opportunities
8.6.4.8.2. Growth Prospects
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Bayer CropScience AG
10.2. American Vanguard Corporation
10.3. Syngenta
10.4. BASF SE
10.5. Novozymes AS
10.6. Soil works LLC
10.7. Isagro SpA (Gowan LLC)
10.8. Southern Petrochemical Industries Corporation (SPIC) Limited
10.9. Solvay. S.A
10.10. Loveland AgriProducts (Nutrigen Ag Solutions)
Bayer CropScience AG
American Vanguard Corporation
Syngenta
BASF SE
Novozymes AS
Isagro SpA (Gowan LLC)
Southern Petrochemical Industries Corporation (SPIC) Limited
Solvay. S.A
Loveland AgriProducts (Nutrigen Ag Solutions)
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