Global Manufactured Soil Market Size 2024, Forecast To 2033
6 Mar, 2024
The manufactured soil market size has grown strongly in recent years. It will grow from $8.23 billion in 2023 to $8.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to urbanization and land scarcity, expansion of commercial agriculture, soil quality restoration, demand for customized soil blends, focus on sustainable farming, land reclamation projects. The manufactured soil market size is expected to see strong growth in the next few years. It will grow to $11.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to advancements in soil science, expansion of urban agriculture, climate-resilient agriculture, regulatory support for soil management, demand for soil-less agriculture. Major trends in the forecast period include collaboration in research and development, integration of precision agriculture technologies, customized soil mixes, integration for carbon sequestration, collaborations for research and innovation.
Global Manufactured Soil Market Key Driver
The increasing demand for organic products is expected to propel the growth of the manufactured soil market going forward. Organic products refer to agricultural or food products that are grown, processed, and handled without the use of synthetic chemicals, pesticides, or fertilizers. Manufactured soils are mixtures of organic waste that are used for container-grown organic plants and vegetables. For instance, in December 2022, according to the U.S. Department of Agriculture (USDA), a US-based national agricultural statistics service organization, the total sales of organic products in the USA accounted for $11.2 billion in 2021 where, around $310 million in organic products were sold directly from on-farm stores, farmers’ markets, and others to consumers. Therefore, the increasing demand for organic products is driving the growth of the manufactured soil market. The market size projections indicate promising opportunities for expansion by 2024 and 2028.
Get A Free Sample Of The Global Manufactured Soil Market ReportGlobal Manufactured Soil Market Segments
The manufactured soil market covered in this report is segmented –
1) By Type: Garden Soil, Soil Mix, Manure & Compost, Turf Sand, Organic Soil Improver
2) By Brand: Super Soil, Peaceful Valley, Farm Supply, Ferry Mores, Jiffy Mix
3) By Application: Cultivation, Lawns, Commercial Developments, Sports Fields, Green Spaces
By Geography:The regions covered in the manufactured soil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the manufactured soil market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global manufactured soil market during the forecast period. The regions covered in the manufactured soil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Manufactured Soil Industry Players
Boxley Materials Company Inc., Casella Organics Inc., Tim O’hare Associates LLP, B.D. White Top Soil Company Inc., Boughton Loam & Turf Management Limited, Miller Companies LC, ERTH Products L.L.C., The Ground Up LLC, Seaside Mulch Inc., Greger Topsoil- H&K Group Inc., Eclipse Soils, Tarmac Group, LFX Design Centre, Garick LLC, Ferris Mulch Products LLC, The Scotts Miracle-Gro Company, Sun Gro Horticulture Inc., London Rock Supply Limited, American Soil Products, Berger Peat Moss Ltd., Blue Ribbon Organics, Bouldin & Lawson LLC, C&C Peat Company, Carolina Eastern-Vail Inc., Coast of Maine Organic Products Inc., Conwed Plastics LLC, DTEP LLC, Floratine Products Group, FoxFarm Soil & Fertilizer Company, General Organics, Good Earth Organics Corporation, High Caliper Growing Inc., Hummert International, Jiffy International AS, Kellogg Garden Products, Lambert Peat Moss Inc., Sustainable Soil Solutions LLC
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Manufactured Soil Market Overview
Manufactured soil refers to engineered soil that is produced to function alike soil or evolve into topsoil. It is a growing medium composed of various organic and inorganic materials designed to mimic natural soil. They are used extensively for landscaping and the regeneration of mined areas, brownfield sites, and wasteland.
Manufactured Soil Global Market Report 2023 provides data on the global manufactured soil market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The manufactured soil market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.