Global soil conditioners market is expected to rise to an estimated value of USD 11.37 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing concerns regarding the depletion of land resources amid a growth of food grain consumption globally.
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Competitive Analysis: Global Soil Conditioners Market
Global soil conditioners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of soil conditioners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Soil Conditioners Market
Few of the major competitors currently working in the global soil conditioners market are BASF SE; Akzo Nobel N.V.; Solvay; Evonik Industries AG; Croda International Plc; Clariant; Eastman Chemical Company; ADAMA Ltd.; Alchemy-Spetec; Syngenta; Novozymes; Limagrain UK Ltd; Aggrebind, Inc.; Aquatrols; Omnia Holdings Limited; Loveland Products, Inc.; Sanoway GmbH; Adriatica S.p.A.; AMVAC Chemical Corporation; Biosoil Farms; Nutrien Ltd.; OHP, Inc.; Soil Technologies Corp. and Timac AGRO s.a.s. among others.
Key Developments in the Market:
- In March 2018, Omnia Holdings Limited announced that they had agreed to acquire two organizations namely, “Oro Agri SEZC Limited” and “Oro Agri SA (Pty) Ltd” for an approximate amount of USD 100 million. This acquisition will help in broadening the product offerings of Omnia Holdings especially for agricultural biological products as they look to advance the research & development activities currently taking place for these products.
- In May 2017, Limagrain UK Ltd announced the launch of their innovative and unique soil conditioning product offering, branded as “Smart Rotation SR2” during the “Grassland and Muck Event” being held in Stoneleigh, Warwickshire, England, from May 24-25, 2017. The product contains a unique combination of AMF (Arbuscular Mycorrhizal Fungi) and five different variations of PGPR (Rhizobacteria) for application in soils where the cultivation of grass, cereal and maize occurs. The cost-effective product will provide a valuable option to the farmers and agriculture industry as it will help in maintaining the integrity of the soil while also promoting the nutrient content.
Segmentation: Global Soil Conditioners Market
- Polysaccharide Derivatives
- Animal Dung
- Crop Residue
- Sewage Sludge
By Crop Type
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
By Soil Type
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
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