during the forecast period. Soil amendments are ingredients that are added to soil to improve its physical properties. This includes permeability, water retention, water infiltration, aeration, drainage and soil structure.
New York, June 08, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Soil Amendments Market by Type, Soil Type, Crop Type, Shape and Region – Global Forecast to 2027” – https://www.reportlinker.com/p05875816/?utm_source=GNW
To improve soil health, soil amendments are mixed into the soil properly. The types of soil amendments available in the industry can be categorized as organic and inorganic, serving different soils such as sand, silt, clay, and crack.
North America is expected to grow by 9.8% over the forecast period.
The increase in industrial events is one of the important factors that have caused land degradation in North America. Additionally, North America is home to several mines which are also responsible for barren soils and cause erosion by wind and rain.
In 2017, soil is disappearing ten times faster in the United States than it is naturally replenished at a rate estimated at nearly 1.7 billion tons of farmland per year, according to the Cornell study. Moreover, it affects the economy and results in a loss of about $37 billion per year in agricultural production due to soil loss.
The Soil Science Society of America report suggests that organizations such as the Land Institute and the American Farmland Trust support farmers in finding cost-effective substitutes for soil conservation and encourage them to use natural amendments to revive the soil. .
Organic soil amendments dominate the market with 89.7% total market share by value.
The transition to sustainable agriculture and the increase in the consumption of organic foods are factors that have led to an increase in demand for organic soil amendments, including polysaccharides, humic acid, seaweed extracts and biofertilizers. Key players, such as BASF SE (Germany), Syngenta (Switzerland) and Bayer (Germany), are mainly involved in the production of new biofertilizer products, which are of biological origin and do not cause any harm to the environment, unlike to their chemical counterparts. .
High rate of effectiveness in stimulating demand for liquid soil amendments.
Liquid soil amendment formulations include suspensions or solutions that contain microorganisms for the aerobic fermentation process to promote the growth of microbes. The liquid form provides various options for crop growers to mix soil amendments with insecticides, fungicides or adjuvants.
However, liquid formulations differ significantly in the nature of their characteristics which influence selection, application rate, method of application and environmental impact. The liquid form is convenient to use and effective for applying soil amendments.
Hence, the demand for liquid soil amendments is expected to increase in the coming years.
Distribution of primaries:
• By business type: Tier 1: 45.0%, Tier 2: 30.0%, Tier 3: 25.0%
• By designation: managers – 50.0%, CXO – 20.0% and executives – 30.0%
• By region: United States – 15%, India – 50%, Italy – 15%, South America – 20%
Key Players Featured in This Report:
• BASF SE (Germany)
• UPL Limited (India)
• FMC Corporation (USA)
• Adma (Israel)
• Nufarm (Australia)
• Evonik Industries (Germany)
• Novozymes A/S (Denmark)
• Bayer (Germany)
• T Stanes & Company (India)
• Lallemand Inc (Canada)
The report segments the coconut oil market on the basis of product type, source, nature, application and region. In terms of insights, this report has focused on different levels of analyzes – competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the segments Emerging and High Growth Global Coconut Oil, High Growth Regions, Countries, Government Initiatives, Drivers, Restraints, Opportunities and Challenges.
Reasons to buy this report:
• To get a comprehensive overview of the coconut oil market
• To get far-reaching insights on major players in this industry, their product portfolios and key strategies adopted by them
• To get an overview of the major countries/regions in which the coconut oil market is flourishing
Read the full report: https://www.reportlinker.com/p05875816/?utm_source=GNW
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