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.
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.
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 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.
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.
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.
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.
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.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Soil Treatment Market Size in 2024 | US$40.326 billion |
| Soil Treatment Market Size in 2029 | US$71.647 billion |
| Growth Rate | CAGR of 8.56% |
| Study Period | 2019 to 2029 |
| Historical Data | 2019 to 2022 |
| Base Year | 2024 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Soil Treatment Market |
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| Customization Scope | Free report customization with purchase |
The Soil Treatment Market is analyzed into the following segments: