Manufactured Soil Market Share, Size, Trends, Industry Analysis Report, By Type (Garden Soil, Soil Mix, and Manure & Compost); By Application; By End User; By Region; Segment Forecast, 2023 – 2032
The global manufactured soil market size is expected to reach USD 12.54 billion by 2032, according to a new study by Polaris Market Research. The report “Manufactured Soil Market Share, Size, Trends, Industry Analysis Report, By Type (Garden Soil, Soil Mix, and Manure & Compost); By Application; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The exponential rise in the number of people living in urban spaces and steady growth in global population in the last few decades, which fuels the need for maximizing food production that can be done through manufactured soils due to their ability to improve crop yields along with the surging product use for erosion control on the construction sites and several other vulnerable areas, are among the key prominent factors fostering global market demand and growth.
For instance, according a report by United Nations, the worldwide population reached 8 billion in the month of November 2022, with an increase of around 1 billion people since 2010 and 2 billion since 1988. Also, the world’s population is estimated to reach 9.7 billion by 2050 and 10.4 billion by 2080.
In addition, major product manufacturers have shifted their focus towards producing tailored soil blends in order to meet the specific requirements of different crops and plants. Thereby, various precision agriculture techniques such as soil testing and data analytics, are being increasingly integrated into manufactured soil to optimize soil composition and improve crop performance, and is generating huge growth potential for the market in the near future.
In the recent years, there is a growing number of innovations in soil testing and monitoring technology which have enabled growers to effectively and accurately assess soil health and incorporation of sensors and IoT devices that can provide real-time data on soil moisture, temperature, nutrient levels, and other parameters, helping users make informed decisions about irrigation and nutrient management more efficiently.
As, the landscaping and horticulture industries significantly requires specialized soils to develop visually appealing and healthy outdoor spaces, the demand and need for manufactured soils is drastically increased due to their ability to easily tailored for specific landscaping needs such as turfgrass, ornamental plants, and trees among others.
Manufactured Soil Market Report Highlights
Garden soil segment accounted for largest share, owing to their significant use to support plant growth and helps to determining the drainage and fertility
Cultivation segment held the maximum market revenue share, mainly due to widespread use of manufactured soil to offer fine-tune to several components
Residential segment will grow at highest growth rate, mainly accelerated to increasing prevalence among homeowners for gardening and landscaping activities
North America dominated the global market, on account of region’s quick adoption of technological innovations and preferences for home gardening activities
Key players include Boxley Materials, Miller Companies, Resource Management, Scotts Miracle-Gro Co., & ICL Group
Polaris Market Research has segmented the manufactured soil market report based on type, application, end user, and region:
Manufactured Soil, Type Outlook (Revenue - USD Billion, 2023 - 2032)
Garden Soil
Soil Mix
Manure & Compost
Manufactured Soil, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Cultivation
Lawns
Commercial Development
Sports Fields
Green Spaces
Manufactured Soil, End User Outlook (Revenue - USD Billion, 2023 - 2032)
Residential
Commercial
Government
Manufactured Soil, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa