Food & Agriculture Trends

The Soil Amendments Market is estimated to be valued at USD 3.7 billion in 2020 and is projected to reach a value of USD 6.2 billion by 2025, growing at a CAGR of 10.7% during the forecast period. Factors such as the ease of availability of raw materials for humic substances, growing awareness about soil management, and desertification of land are projected to drive the growth of the soil amendments market. Download PDF Brochure By crop type, the fruits & vegetables segment is projected to be the fastest-growing in the soil amendments market during the forecast period. Major factors driving the demand for high-value crops, such as fruits & vegetables, are rise in incomes, rapid urbanization, and growth in awareness about the health benefits associated with fruits & vegetables. Another factor that has encouraged the agricultural production of high-value crops is the increase in foreign direct investment (FDI). High-value crops are mostly grown in permanent croplands in vari...

  The  soil amendments market  is estimated to account for a value of USD 3.7 billion in 2020 and is projected to grow at a CAGR of 10.7% from 2020, to reach a value of USD 6.2 billion by 2025. The global market is projected to witness significant growth due to factors such as growing awareness about soil health management, easy availability of humic substances as raw materials, and strong demand for high-value crops. Download PDF Brochure The increase in soil degradation in the North American region is projected to drive the growth of the market. The increase in industrial activities is a key factor that has caused soil degradation in the North American region. In addition, North America witnesses various mining activities, which leads to barren soil that is susceptible to erosion by wind and rain. According to a report published by Cornell study 2017, in the US, soil disappears ten-times faster than it is naturally replenished, at an estimated rate of nearly 1.7 billion...

The global soil amendments market is estimated to be valued at USD 3.7 billion in 2020 and is projected to reach USD 6.2 billion by 2025, recording a CAGR of 10.7%. The growth of the soil amendments market is driven by strong demand for high-value crops, risk of soil degradation, and rising concerns regarding soil health. The incorporation of soil amendment in fertilizer formulations creates growth opportunities for manufacturers in the soil amendments market. Key players in the soil amendments market include BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), UPL Ltd. (India), and ADAMA Agricultural Solutions Ltd. (Israel).  Download PDF Brochure BASF SE (Germany)   is a leading chemical company, which produces a wide range of products. It operates through five segments, namely, chemicals, agricultural solutions, performance products, functional materials and solutions, and others. BASF’s agriculture segment includes functional crop care, biotechnology, turf, orname...