IMARC Group’s latest report, titled “Soil Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” finds that the global soil treatment market size reached US$ 40.7 Billion in 2022. Soil treatment involves removing unwanted and polluted particles from the soil and is commonly used to convert contaminated soil into arable soil for farming purposes. Soil can be contaminated through various human activities, such as unsafe use, storage, or disposal of hazardous substances, sewage, industrial waste, and agricultural chemicals. Soil treatment solutions help users manage the location and rate of inoculant application, protect inoculants from the harmful effects of pesticides and fungicides, and prevent damage to seed coats. As a result, soil treatment is gaining immense traction across the globe as it enhances soil fertility, health, and performance and aids in soil conservation.
Global Soil Treatment Market Trends:
Decreasing arable land and increasing food shortages due to rapid urbanization and expanding global population represent the primary factors driving the market growth. Moreover, soil treatment solutions enhance the nutrient, physical, and biological composition of the soil by increasing microbial activity, balancing the pH, and boosting moisture retention. In line with this, the escalating demand for high-quality food grains is positively influencing the market growth. Additionally, the increasing health consciousness among the masses due to the widespread prevalence of chronic diseases is another major growth-inducing factor. Apart from this, the rising investments in research and development (R&D) activities by key players to improve existing solutions and introduce sustainable strategies for expanding market penetration have catalyzed market growth. Furthermore, continuous support from governments of various countries to increase crop production and the rapid expansion in the bio-agrochemical industry is propelling the market growth. Besides this, the surging adoption of organic agricultural products that are free from adulterations and chemicals is contributing to market growth. Other factors, including the increasing adoption of modern farming practices, escalating demand for natural food products, rising soil pollution levels, and growing concerns regarding food security, are also anticipated to create a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 57.1 Billion by 2028, expanding at a CAGR of 4.5% during 2023-2028.
- On the basis of the type, the market has been segregated into organic amendments, pH adjusters, and soil protection.
- The market has been classified based on technology into biological, thermal, and physiochemical treatments.
- Based on the end user, the market has been categorized into agricultural, construction, and others.
- Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and Middle East and Africa.
- The competitive landscape of the market has also been examined, with some of the key players being AMVAC Chemical Corporation (American Vanguard Corporation), Arkema S.A., BASF SE, Bayer AG, Compagnie de Saint-Gobain S.A., Corteva Inc., Novozymes A/S, Solvay S.A., Swaroop Agrochemical Industries, Syngenta Group (China National Chemical Corporation), Tata Chemicals Ltd., and UPL Limited.
|Base Year of the Analysis
| Historical Period
||Type, Technology, End User, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||AMVAC Chemical Corporation (American Vanguard Corporation), Arkema S.A., BASF SE, Bayer AG, Compagnie de Saint-Gobain S.A., Corteva Inc., Novozymes A/S, Solvay S.A., Swaroop Agrochemical Industries, Syngenta Group (China National Chemical Corporation), Tata Chemicals Ltd. and UPL Limited
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