Market Size of North America Soil Treatment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 17.72 Billion |
| Market Size (2029) | USD 23.61 Billion |
| CAGR (2024 - 2029) | 5.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Soil Treatment Market Analysis
The North America Soil Treatment Market size is estimated at USD 17.72 billion in 2024, and is expected to reach USD 23.61 billion by 2029, growing at a CAGR of 5.90% during the forecast period (2024-2029).
In modern-day agriculture, soil treatment mainly denotes nutritional management that improves the fertility of the soil and amount of organic matter content that improves the soil structure and function.
Soil treatment acts as a versatile solution for many field problems, as it impacts the soil structure, nutritional profile, and biodiversity.
The demand for high-quality food, growing preference for organically cultivated products, high industrialization, agriculturally advanced nations like the United States, and the shrinking farmland issue is necessitating the need for soil treatment product applications. While the market is showing high potential for growth, stringent regulatory structures in the region are going to impact the market.
High product innovation and investments in research and developments may pave the way for the future growth.
North America Soil Treatment Industry Segmentation
Soil treatment can be used to treat contaminated soil and convert it into usable agricultural soil. It helps to enhance the performance of the soil and soil fertility as well. This treatment helps in soil conservation and helps to improve soil health. The North American soil treatment market is segmented by technology (physiochemical treatment, biological treatment, and thermal treatment), type (organic amendments, pH adjusters, and soil protection), and geography. The market for soil treatment is dominated by developed regions, like the United States, Canada, and Mexico. More than one-fourth of the global market share is covered by the North American region alone. Most of the soil treatment market demand in the region is carried out by the United States, given its highly evolved and advanced agricultural industry.
| Technology | |
| Physiochemical Treatment | |
| Thermal Treatment | |
| Biological Treatment |
| Type | |
| Organic Amendments | |
| pH Adjusters | |
| Soil Protection |
| Geography | ||||||
|
North America Soil Treatment Market Size Summary
The North America soil treatment market is poised for significant growth, driven by the increasing demand for high-quality food and a growing preference for organically cultivated products. This market is characterized by its focus on enhancing soil fertility and structure through nutritional management, which addresses various agricultural challenges. The region's advanced agricultural practices, particularly in the United States, Canada, and Mexico, contribute to its dominance in the global market. The United States, in particular, faces substantial soil contamination issues due to urbanization and industrial activities, necessitating the application of soil treatment products. This demand is further fueled by regulatory requirements and the need to remediate contaminated sites, including former farmlands with pesticide residues and urban areas affected by industrial pollutants.
The competitive landscape of the North American soil treatment market is marked by strategic initiatives from key players such as Adama Agricultural Solutions Ltd, BASF SE, and Syngenta, who focus on product innovation and research investments to capture a larger market share. These companies not only emphasize product quality but also engage in strategic moves to enhance their market presence. The market's growth potential is supported by ongoing investments in technological advancements and the development of new soil treatment solutions. However, the market also faces challenges from stringent regulatory frameworks that could impact its expansion. Despite these challenges, the market's trajectory remains positive, with significant opportunities for growth in the coming years.
North America Soil Treatment Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Technology
-
2.1.1 Physiochemical Treatment
-
2.1.2 Thermal Treatment
-
2.1.3 Biological Treatment
-
-
2.2 Type
-
2.2.1 Organic Amendments
-
2.2.2 pH Adjusters
-
2.2.3 Soil Protection
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
-
North America Soil Treatment Market Size FAQs
How big is the North America Soil Treatment Market?
The North America Soil Treatment Market size is expected to reach USD 17.72 billion in 2024 and grow at a CAGR of 5.90% to reach USD 23.61 billion by 2029.
What is the current North America Soil Treatment Market size?
In 2024, the North America Soil Treatment Market size is expected to reach USD 17.72 billion.
