Press Release

Soil Amendments Market to be Dominated by Oilseeds & Pulses Segment by 2028

Increasing industrialization leading to soil degradation is expected to drive Global Soil Amendments Market in the forecast period 2024-2028.


According to TechSci Research report, “Soil Amendments Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, the Global Soil Amendments Market is anticipated to grow at a steady rate in the forecast period 2024-2028This can be ascribed to the growing demand of soil amendments in improving soil quality by mixing soil amendments such as humic acid with soil.

The use of high-quality soil amendments in organic farming practices plays a crucial role in enhancing soil fertility, improving crop productivity, and meeting the growing demand for organic food. Soil amendments are an integral part of organic farming systems, which prioritize soil health and sustainability. Organic farmers increase soil fertility, encourage beneficial microbial activity, and increase nutrient availability by using organic amendments like compost, manure, and other natural inputs. These improvements provide the soil with organic matter, necessary nutrients, and advantageous microbes, enhancing plant growth and ensuring the production of superior organic harvests.

Usage of better soil amendments in organic farming leads to nutrient-dense organic products. Soil amendments help improve the nutrient content and bioavailability of the soil, allowing crops to absorb essential nutrients more efficiently. As a result, organic products tend to have higher nutritional value, including increased levels of vitamins, minerals, antioxidants, and other beneficial compounds. This nutrient richness is a significant driver leading to the increasing popularity of organic food and rising soil amendments, as consumers seek healthier and more nutritious options. Also, organic amendments provide a habitat and food source for beneficial soil microorganisms, such as bacteria, fungi, and earthworms. These microorganisms play a crucial role in nutrient cycling, disease suppression, and soil organic matter decomposition. By promoting microbial activity, soil amendments contribute to the overall health and functioning of the soil ecosystem.

By improving soil health and nutrient management, amendments contribute to more sustainable farming practices. They support soil conservation, reduce the need for synthetic inputs, enhance carbon sequestration in the soil, and minimize the environmental impact associated with conventional farming practices. Soil amendments play a vital role in promoting biodiversity, protecting ecosystems, and mitigating climate change.

Organic farming practices, supported by proper soil amendments, eliminate the use of synthetic pesticides, herbicides, and fertilizers. This greatly lowers the possibility of chemical contamination in organic products, making them a favored option for people who are health conscious. Organic food's popularity is mostly owing to the lack of chemical residues, since customers want to reduce their exposure to potentially dangerous compounds creating a huge demand for soil amendments, improving soil quality.

However, by enhancing the soil's capacity to hold water and nutrients, soil amendments aid in the improvement of soil structure. Organic matter and other amendments promote soil aggregation, which opens up pores and increases soil's ability to store water. As a result, there is less water runoff, less soil erosion, and more water is available to plant roots, benefiting plants to ensure maximum nutrient uptake and reducing chances of soil leaching and degradation.

Moreover, the major restraining factor hampering the growth of Soil Amendments Market is the availability of low quality or altered soil amendment products by the low-level companies. Additionally, less awareness of soil amendments among the farmers is a main constraint hampering the soil amendments market growth.



Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Soil Amendments Market

 

Based on type, the market is segmented into Organic and Inorganic. The organic segment is dominating the market in 2022 and is expected to grow at the faster rate during the forecast period. Organic soil amendment segment is high in demand in sustainable agriculture due to growing demand for soil amendments such as polysaccharides, biofertilizers, seaweed extracts, and humic acid. Increasing demand for organic food and food products among consumers has risen to an elevated height and thus requires a high soil fertility essential for the development of nourished and high-quality yield.

Based on the Soil Type, the market is segmented into Cereals & Grains, Oilseeds & Pulses and Fruits & Vegetables. The Oilseeds & Pulses segment is expected to dominate in the forecast period. This is attributed on account of increasing usage of oilseeds such as soyabean in different form for producing renewable biodiesels and chemicals and for application in distinct food and feed industries.

Moreover, the leading key players are creating more opportunities to propel the market demand for soil amendments. In the global field trials, artificial intelligence and machine learning provide accurate disease and pest analysis. Farmers profit from improved R&D procedures that result in crop protection technology tailored to their requirements.


Besides, Soil amendments being products to increase soil quality, nutrient enriching factors and other soil restoring qualities and thereby is adding more to the Soil amendments market demand to support the Global soil amendments market growth.


Recent Developments

  • In 2022, BASF globally launched an open invitation platform AgroStart to advance new digital solutions. The crop protection technology of BASF is collaborated with the   digital agricultural solutions of AgriStart that help farmers, globally, to tackle multiple agricultural challenges they face on a global level.


Major companies operating in the Global Soil Amendments Market are:

  • BASF SE
  • FMC Corporation
  • UPL Limited
  • Nufarm
  • Evonik Industries AG
  • Novozymes A/S
  • Adama Ltd.
  • Bayer
  • T. Stanes & Company
  • Agrinos 



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“North America region is expected to dominate the soil amendments market attributed on account of rising shift towards organic & sustainable farming. Moreover, the growing industrialization, increasing mining sites and other growing infrastructure leading to soil degradation and contamination are further expected to support the market growth in the region” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Soil Amendments Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, Segmented By Type (Organic and Inorganic), By Soil Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Form (Dry & Liquid), By Region, and Competition”, has evaluated the future growth potential of Global Soil Amendments Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Soil Amendments Market.




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