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Soil Fertility Testing Market

Soil Fertility Testing Market Forecasts to 2028 – Global Analysis By Product (Biological Testing, Chemical Testing), Application (Aeration in Soil and Chemical Fertility of Soil) and By Geography

4.6 (24 reviews)
Published: August 2021 ID: SMRC20852
4.6 (24 reviews)
Published: August 2021 ID: SMRC20852

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Soil Fertility Testing Market is accounted for $4,439.19 million in 2020 and is expected to reach $7,128.96 million by 2028 growing at a CAGR of 6.1% during the forecast period. The rising population coupled with growing need to maintain the soil fertility is driving the market growth. However, the lack of supporting infrastructure in emerging economies, and inappropriate enforcement of regulatory laws is hampering the growth of the market.

Soil fertility testing helps to determine fertility or the anticipate growth potential of the soil, which specifies nutrient deficits, potential toxicities from extreme fertility, and inhibitions from the presence of non-essential trace minerals. The practice and use of soil fertility testing have become extensively recognized in agribusiness by farmers and industry.

Based on the product, the chemical testing segment is going to have lucrative growth during the forecast period. Chemical soil tests have arisen as a monitoring tool for evading unnecessary nutrient input to the farm system. These tests help define the concentration of vital plant nutrients such as potassium, available lime, phosphorus, organic matter, sulfur trace elements as well as other physical properties such as permeability, pH, and capacity. Moreover, soil chemical testing helps in guarding the environment from contamination caused by runoff & leakage of excess fertilizers, optimization of crop production, analysis of plant culture problems, and improvement of nutritional balance of the growing media.

By geography, Europe is going to have high growth during the forecast period. The increasing population and availability of arable lands as well as the existence of a large number of soil fertility testing service suppliers are driving the market growth in the region. Additionally, the rising emphasis on obtaining advanced yields from the existing land (which is limited) and growing demand for fertilizers is predicted to boost the growth of the soil fertility testing market in Europe.

Some of the key players profiled in the Soil Fertility Testing Market include SGS, A & L Great Lakes, Actlabs, AgroLab, ALS Ltd, BUREAU VERITAS, Chennai Testing Laboratory Private, Crop Nutrition Laboratory Services Ltd., Duraroot, Eurofins Agri Testing, Kinsey Ag Services, Polytest Laboratories, SoilCares, Vision Mark Biotech and Waters Agricultural Laboratories, Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 4,439.19 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

6.1%

Predicted 2028 Value:

USD 7,128.96 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

108

Chapters Covered:

Source, Origin, Form, Component, Type, and Application.

Core Drivers and Opportunities:

  • Rising availability of arable land
  • Increasing outbreak of food-borne diseases
  • Increasing population in the world

Restraining Factors & Market Threats:

  • Lack of awareness among farmers in developing regions


Methods Covered:
• Onsite
• Offsite/ Laboratory

Products Covered:
• Biological Testing
• Chemical Testing
• Physical Testing   

Applications Covered:
• Aeration in Soil
• Chemical Fertility of Soil
• Drainage in Soil
• Structure of Soil 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Soil Fertility Testing Market is majorly driven by the incidence of a large number of soil fertility testing service providers, strict government rules about nutrient satisfied of crops, and surging demand to enhance agricultural productivity in developing regions.

The offsite/ laboratory segment is growing at a highest CAGR owing to the high accuracy of results obtained through laboratory analysis, and organic matter levels and microscopy methods, as these two methods are widely used for soil fertility testing.

Europe dominated with a significant market share due to increasing emphasis on obtaining higher yields from the available land, the existence of stringent food safety, environmental, and agricultural regulations, and growing demand for fertilizers.

Asia Pacific market is growing at a highest CAGR owing to the rise in demand for high-quality farm products and ingredients, larger area of arable land available in the region, and rapid advancements in agricultural practices in China and India.

Key players in Soil Fertility Testing Market include SGS, A & L Great Lakes, Actlabs, AgroLab, ALS Ltd, BUREAU VERITAS, Chennai Testing Laboratory Private, Crop Nutrition Laboratory Services Ltd., Duraroot, Eurofins Agri Testing, Kinsey Ag Services, Polytest Laboratories, SoilCares, Vision Mark Biotech, and Waters Agricultural Laboratories, Inc.

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