Manufactured Soil refers to the composition of various soils, components of soil, and other soil-like materials used in horticulture for different purposes and other uses such as site restoration. The primary objective of the manufactured soil is to alter soil properties according to requirements. The market is driven by the Growing Global Lawn and Garden Consumables Market, Growing Demand for Organic Farming Practices, Controlled Agriculture: Manufactured Soil Mixes in Greenhouses, Growing Market for Horticulture. The market is primarily driven by organic farming. For instance, according to Statista, between 2000 and 2018, global sales of organic food grew. Organic food revenues amounted to 95 billion U.S. dollars in 2018, up from about 18 billion dollars in 2000. However, Lack of Awareness of Manufactured Soil Products, Low Adoption Rate impedes the growth of the market over the forecast period of 2020-2027.
The Global Manufactured soils market is valued at approximately USD 6.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.1 % over the forecast period 2020-2027 and is estimated to reach USD 11.8 billion by 2027.
The regional analysis of the global Manufactured soils market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of the Growing Global Lawn and Garden Consumables Market. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as Growing Demand for Organic Farming Practices, Controlled Agriculture: Manufactured Soil Mixes in Greenhouses, Growing Market for Horticulture would create lucrative growth prospects for the Manufactured soils market across the Asia-Pacific region.
Major market players included in this report are The Scotts Miracle-GRO Company, Boxley Materials Company, Inc., Casella Organics, Inc., Resource Management, Inc. (RMI), Tim O’hare Associates LLP, Peaceful Valley Farm & Garden Supply, Z B.D. White Top Soil Company Inc., Jiffy International, Boughton Loam & Turf Management Limited, and London Rock Supplies Limited
The detailed segments and sub-segment of the market are explained below:
By Type: Garden soil, Soil Mix, Manure & compost, Others (turf sand and organic soil improver)
By Application: Cultivation, Lawns, Commercial developments, Sports fields, Green spaces
By Material input: Soil, Compost, Sand, Coir Fiber, Perlite, Vermiculite, Others (horticulture sand and peat moss)
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