According to a new report published by Introspective Market Research, titled, “Greenhouse Soil Market by Bike Type, Sharing System, and User Type: Global Opportunity Analysis and Industry Forecast, 2024–2030,”
Global greenhouse soil market size was valued at $ 4119.99 million in 2023, and is projected to reach $ 6507.43 million by 2032, registering a CAGR of 5.21% from 2024 to 2032.
Greenhouse soil is specifically formulated to provide the necessary nutrients, aeration, and drainage for plants cultivated in greenhouse environments to create an optimal root environment, ensuring healthy plant growth and development. It typically consists of a mixture of organic matter, inorganic materials, and other additives such as fertilizers, lime, or microbial inoculants. It plays vital role in greenhouse agriculture by providing essential physical support, nutritional elements, and water retention for plants.
The market expansion has been fueled by the rising demand for controlled environment agriculture because of changing weather conditions and reduction in agricultural land which provides the necessary support, nutrition, and water retention for plants grown in these controlled environments. Techniques like hydroponics and aeroponics which are soilless are gaining popularity in greenhouse operations which utilize greenhouse soil mixed with other materials to create optimal growing media. Greenhouse soil provides the necessary conditions for cultivating specialty crops. It is also helping indoor plants to grow properly.
There is a growing consumer preference for organic products due to increased awareness because of this, organic growers require high-quality organic-certified soil which opens up opportunities for the greenhouse soil market. This provides the necessary nutrients and support for plant growth without relying on synthetic fertilizers or pesticides. Governments across the world are promoting organic farming through various support programs and incentives to encourage farmers to adopt organic practices also including greenhouse practices.
Global Greenhouse Soil Market, Segmentation
The Greenhouse Soil market is segmented based on Type, Component, Application, Distribution Channel, and region.
Type:
Garden soil is primarily used for outdoor gardening but can also be used for indoor gardening. The soil is versatile as it can be utilized for planting flower beds, vegetable gardens, shrubs, trees, and ornamental plants. It can be tailored with different formulations to cater needs of specific plant types or gardens. Strong development of distribution channels, easy accessibility, availability in different grades from basic to premium quality, and awareness about garden soil contribute to the dominance. Also, garden soil is a cost-effective option in the market compared to other segments.
Application:
It provides a controlled environment for plant growth for year-round cultivation and protection from external factors such as weather fluctuations, pests, and diseases. It also helps farmers to efficiently manage temperature, humidity, light, and irrigation. This leads to higher crop yields and better-quality produce. It reduces water use and minimizes pesticides. In research and experimentation , it can be utilized crop breeding, genetic modification, and new growing techniques.
Country:
The regional analysis of the Global greenhouse soil market highlights the dominance of Europe. It has a long-standing tradition of agriculture and horticulture well-established agricultural practices and expertise. Also, the countries use innovative techniques and technologies to enhance greenhouse productivity. This region's variable climate makes greenhouses an attractive option for protecting crops from harsh weather conditions. Some countries governments often provide support and incentives for the adoption of eco-friendly farming practices to encourage growers to invest in products that promote soil health, crop nutrition, and long-term sustainability. Also, there is a strong consumer demand for organic and sustainably grown produce. The ideal required for this cultivation is provided by the greenhouse. The use of premium greenhouse soil enhances crop yields, quality, and marketability of produce which overall promotes dominance in the market.
Some of The Active Market Players Are-
- Scotts Miracle-Gro (United States)
- ASB Greenworld (Germany)
- Klasmann-Deilmann (Germany)
- Compo Expert (Germany)
- Premier Tech Horticulture (Canada)
- Lambert Peat Moss (Canada)
- Compo Gmbh & Co. Kg (Germany)
- Westland Horticulture (United Kingdom)
- Advanced Biotech Solutions. (India)
- Soil Science (Netherlands)
- Sunshine Advanced Mixes (United States)
- Cocogarden (India)
- Agromaster (Turkey)
- Organic Mechanics Soil Company (United States)
- Jiffy International (Norway)
- Sun Gro Horticulture (Canada)
- Biobizz (Netherlands)
- Florentaise Group (France)
- Terralink Horticulture (Canada)
- The Magic Of Soil (India)
- Oasis Grower Solutions (United States)
- Vermicrop Organics (United States)
- Bio Nova B.V. (Netherlands)
- Big Rootz (United States)
- Green-Fuse Botanicals (United States) and Other active Players.
Key Industry Developments
- In January 2024, Lassana Agri cultivated 10,000 hectares of land using advanced greenhouse solutions to help farmers transition to modern agriculture and secure financial support.
- In April 2023, ASB Greenworld launched a series of innovative greenhouse soil products tailored to enhance crop yields and promote environmental stewardship.
Key Findings of the Study
- Global greenhouse soil market growth driven by rising demand for controlled environment agriculture, which includes greenhouse farming, vertical farming, and indoor cultivation.
- The rising demand for controlled environment agriculture, which includes greenhouse farming, vertical farming, and indoor cultivation offers a significant opportunity for the greenhouse soil market.
- The garden soil is easily accessible, versatile, and high quality
- The Europe region uses innovative techniques and technologies to enhance greenhouse productivity.
