Soil Treatment Market size is set to grow by USD 16.46 billion from 2023-2027, Need to meet rising demand for crops boost the market, Technavio

NEW YORK, April 10, 2024 /PRNewswire/ -- The global soil treatment market  size is estimated to grow by USD 16.46 bn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  6.82%  during the forecast period.  The Soil Treatment Market is crucial for increasing crop production to meet rising food demand due to population growth. Modern agriculture involves using products like insecticides (Malathion, organophosphates), fungicides (Mancozeb, dithiocarbamates), and fertilizers (chemicals, petroleum hydrocarbons, heavy metals) to enhance yield and protect against pests, diseases (fungal diseases, blight, downy mildew), and contaminants. Sustainable practices like organic amendments, pH adjusters, and weed controllers are essential for maintaining soil fertility and water holding capacity. Developing countries focus on strategic developments, awareness, and advanced technologies in soil treatment techniques for improved agricultural practices. 

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Segment Overview 

This soil treatment market report extensively covers market segmentation by Type (Organic amendments, pH adjusters, Soil protection) Technology (Physiochemical treatment, Biological treatment, Thermal treatment) Geography (North America, Europe, APAC, South America, Middle East and Africa)

Market segmentation by Type

The Soil Treatment Market is experiencing significant growth due to the increasing awareness of environmental concerns and the need for advanced technologies to address soil issues in both developed and developing countries. Technologies such as biotechnology, thermal treatment, and chemical oxygenation are at the forefront of strategic developments in this industry. Ecosystem analysis plays a crucial role in identifying the most effective treatment methods for specific soil conditions. Biological treatment using manures, pH adjusters, and organic amendments enhances soil quality by improving water holding capacity, nutrient retention, and cation exchange capacity. Physical components like particle matter and contamination from industrialization, synthetic substances, and horticultural synthetic chemicals are effectively addressed through thermal treatment and phytosanitary measures. The market also focuses on addressing soil-borne pests and contamination from air pollutants, sewage pipes, and landfills. Biological components, including microbes and the microbial community, play a vital role in maintaining soil health and crop yield. As health consciousness grows, there is a rising demand for high-quality food grains, organic food, and sustainable farming practices. In summary, the Soil Treatment Market is driven by the need to mitigate the effects of man-made substances on soil quality and promote sustainable farming practices. Technological advancements and a focus on ecosystem analysis are key factors in addressing various soil issues and ensuring healthy soil for future generations.

Geography Overview

The Soil Treatment Market in North America is experiencing significant growth, driven by the region's large agricultural sector and increasing focus on soil health and sustainability. Fungus gnats and soil mealybugs pose threats to crops, leading to the widespread use of soil application of fungicides and nematicides like aldicarb, fenamiphos, oxamyl, and microscopic nematodes to control pests and diseases caused by fungal infections, such as those caused by Meloidogyne incognita and Pratylenchus brachyurus. Grains, cereals, and other crops, including wheat, cotton, maize, vegetables, and fruits, are vulnerable to these disruptions, which can lead to substantial losses. The preference for high-quality produce and the adoption of advanced agricultural practices further fuel the market's growth. Agriculture and ecosystems rely on soil health for crop production, making soil treatment essential for food security and a stable food supply. Soil treatment techniques include soil drenching, broadcast, and furrow application. These methods help control diseases caused by plant pathogens and improve soil health, ultimately increasing crop yields. 

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• The soil treatment market is witnessing a major trend towards precision agriculture, utilizing advanced technologies and data-driven methods for optimizing practices. Soil sensors and monitoring systems are key components, providing real-time data on moisture, temperature, nutrients, and pH. This enables farmers to make informed decisions, enhancing efficiency and productivity. Herbicides, insecticides, fungicides, and nematicides are commonly used in soil treatment for weed and pest control, with no-till and minimum-till farming gaining popularity. Factors influencing adoption include weed pressure, herbicide use, costs, and crop establishment. Soil applications include grains, cereals, and microscopic nematodes.
• The Soil Treatment Market faces challenges in developing countries due to farmers' low literacy and awareness of sustainable farming techniques. Conventional methods persist, hindering the adoption of soil treatment practices. Key challenges include lack of skilled labor, contamination from industrialization and synthetic substances, and soil-borne pests. Benefits of soil treatment, such as increased crop yield and moisture retention, are not widely recognized. The market's growth depends on addressing these issues and promoting environmentally friendly, sustainable solutions like organic farming and agricultural microbials.

Insights on Market Drivers, trends, & Challenges, historic period(2017 - 2021) and forecast period(2023-2027)- Request a sample report!

Research Analysis

The Soil Treatment Market encompasses the production and sale of various products used to enhance the quality and productivity of arable land. Key components of this market include herbicides, which prevent weed seeds from germinating during crop sowing. The popularity of these treatments lies in their ability to effectively control weed populations, ensuring proper crop establishment. However, concerns regarding contaminants in soil treatment products have arisen. These contaminants can include non-degradable materials, such as oil and petroleum hydrocarbons, as well as heavy metals and chemicals. Industrialization and agricultural practices have led to increased use of synthetic substances, contributing to contamination from particle matter, contamination from horticultural synthetic chemicals, and pollutants from sewage pipes and landfills. It is essential to address these issues to maintain the health and sustainability of our agricultural land.

Market Research Overview

The Soil Treatment Market encompasses a range of products and services aimed at enhancing soil fertility and productivity. These offerings include fertilizers, pesticides, and other agrochemicals, as well as organic and biological solutions. The market is driven by the need to address various soil-related challenges, such as nutrient depletion, soil erosion, and contamination. Additionally, the increasing global population and the resulting demand for food production have fueled market growth. Furthermore, government initiatives and regulations, as well as advancements in technology, are shaping the market landscape. The market is segmented by type, application, and region, with key players including BASF SE, Syngenta AG, and Corteva Agriscience. The market is projected to grow at a significant rate in the coming years.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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