Market Size of North America Soil Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 17.72 Billion |
Market Size (2029) | USD 23.61 Billion |
CAGR (2024 - 2029) | 5.90 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Soil Treatment Market Analysis
The North America Soil Treatment Market size is estimated at USD 17.72 billion in 2024, and is expected to reach USD 23.61 billion by 2029, growing at a CAGR of 5.90% during the forecast period (2024-2029).
In modern-day agriculture, soil treatment mainly denotes nutritional management that improves the fertility of the soil and amount of organic matter content that improves the soil structure and function.
Soil treatment acts as a versatile solution for many field problems, as it impacts the soil structure, nutritional profile, and biodiversity.
The demand for high-quality food, growing preference for organically cultivated products, high industrialization, agriculturally advanced nations like the United States, and the shrinking farmland issue is necessitating the need for soil treatment product applications. While the market is showing high potential for growth, stringent regulatory structures in the region are going to impact the market.
High product innovation and investments in research and developments may pave the way for the future growth.