Market Trends of Europe Soil Treatment Industry
This section covers the major market trends shaping the Europe Soil Treatment Market according to our research experts:
International Demand for Agricultural Produce
The region exports a good amount of cereals to international markets and therefore there is a growing need to address soil nutrition owing to excessive cultivation. Moreover, environmental concerns and greater adaptability of organic farming may help the biological soil treatment market to grow. As France dominates the export market for cereals, the country is highly concerned about correcting its soil quality levels. Therefore, to address this, the country has been depending on soil treatment products. According to the data by ITC Trade, France exported USD 6,233,259 thousand of cereals in 2016 which increased to USD 7,415,294 thousand in 2019 to countries, such as, Belgium, Algeria, the Netherlands, Spain, and Germany. Thus, to fulfill the demand for cereals in the region and within the country itself, it is necessary to maintain the soil quality index in order to produce and export quality cereals. This, in turn, may drive the soil treatment market over the forecast period.
Spain Dominates the Market
Spain covers a major share of the soil treatment market followed by the United Kingdom, France, and Italy. Various organizations, such as SENGEOS in Spain, a consultancy firm specialized in providing EHS & Soil service and LITOCLEAN, an expert company in the execution of soil investigation and decontamination, have initiated projects that aim at improvising soil health through GIS(geographical information systems) and building Soil Information Systems (SIS) in Spain. Moreover, in 2018, Agricultural Industries Confederation has formed initiative through voluntary actions to approach growers to pass on the importance of soil health soil treatment chemicals under agricultural management. France, which is one of the largest agricultural countries and the biggest producer of agricultural goods in Europe, has been consuming a lot of soil treatment products, making itself one of the major consumers of soil treatment chemicals. Therefore, the market for soil treatment products is fairly distributed across European countries.
