5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
Market Insights
The African soil treatment market is estimated to grow at a CAGR of 5.7% over the forecast period 2017-2022.
Soil treatment in modern day agriculture mainly denotes nutritional management that improves the fertility of the soil and amount of organic matter content that improves the soil structure and function. As a whole, soil treatment acts as a versatile solution for many field problems as it impacts the soil structure, nutritional profile, and biodiversity.
Market Dynamics
Increasing demand for food and evolving agricultural practices are the major drivers for the growth of soil treatment market. The high consumption of chemical products in the field and lower soil quality necessitates the need for soil treatment product applications. Less awareness amongst farmers and the primitive agricultural structure form barriers for the industry. Emerging markets and untapped countries of the African region may provide future growth opportunities.
Market Segmentation
On the basis of product types, soil treatment market is segmented into organic amendments, pH adjusters, and soil protection products (holding majority market share). Several technologies are employed for soil treatment depending on the requirements and soil topography viz., physiochemical, biochemical and thermal treatments; physiochemical treatment is the most sought after process.
The African soil treatment market is led by South Africa with an increasing government support for agricultural growth. Egypt would grow at a substantial pace.
Key Industry Players
Africa soil treatment market is dominated by many global players including:
Majority of the global companies are trying to enter the regional market as the region holds future growth potential. Product innovation and development pertaining to regional needs is taken up as a long-term strategy for many market leaders.
Key Deliverables in the Study
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Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
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