img

Professional Potting Soil Market - By Type (Soil Without Fertilizer, Soil With Fertilizer), By Application (Indoor & Gardening, Greenhouse, Lawn & Landscaping), By Region & Forecast, 2023 - 2032


Published on: 2024-07-07 | No of Pages : 240 | Industry : Agriculture

Publisher : MIR | Format : PDF&Excel

Professional Potting Soil Market - By Type (Soil Without Fertilizer, Soil With Fertilizer), By Application (Indoor & Gardening, Greenhouse, Lawn & Landscaping), By Region & Forecast, 2023 - 2032

Professional Potting Soil Market Size

Professional Potting Soil Market size exceeded USD 1.5 billion in 2022 and will progress at a 5.5% CAGR from 2023 to 2032.

To get key market trends

  Download Free Sample

The rising popularity of commercial farming is expected to stimulate business growth. Commercial farmers prefer high-quality potting soil that has organic matter, minerals, and other components to ensure optimal growth of the soil. Strong efforts to boost food safety and quality are fueling commercial farming practices globally, which, is driving the demand for professional potting soil.
 

Professional Potting Soil Market Report Attributes
Report Attribute Details
Base Year 2022
Professional Potting Soil Market Size in 2022 USD 1.5 Billion
Forecast Period 2023-2032
Forecast Period 2023-2032 CAGR 5.5%
2032 Value Projection USD 2.5 Billion
Historical Data for 2018-2032
No. of Pages 350
Tables, Charts & Figures 131
Segments covered Type, Application, and Region
Growth Drivers
  • Increasing Popularity of Indoor Gardening
  • Growing demand for organic products
  • Increase in commercial farming
Pitfalls & Challenges
  • Low Awareness about the Benefits of Potting Soil

What are the growth opportunities in this market?

 Download Free Sample

Despite a positive outlook for the professional potting soil market, the limited awareness regarding the benefits of potting soil is negatively impacting product revenue. Several consumers opt for low-price and lower-quality potting soil options that restrain yield and plant health, increasing the susceptibility to pests and diseases. Lack of knowledge associated with gardening and farming is significantly restricting market growth. Nonetheless, the increasing popularity of indoor gardening is encouraging people to know more about potting soils, which will foster the industry outlook.

COVID-19 Impact

The COVID-19 pandemic had a mixed impact on the professional potting soil market. The demand for potting soil increased with more people staying at home and practicing gardening as a hobby. Meanwhile, the disrupted supply chain and shortage of raw materials used to produce professional potting soil pushed product prices and negatively influenced business growth in some regions. However, increasing awareness and consumer shift toward gardening and horticulture accelerate industry progression.

Professional Potting Soil Market Trends

As consumers become more conscious about the environment and their health, they are increasingly seeking organic and natural products. Professional potting soil made from natural ingredients without harmful chemicals caters to this demand and is witnessing significant growth in commercial farming. Moreover, the growing use of hydroponics for plant growth has encouraged product use as these plants do not utilize soil for germination but rather just nutrients mixed in water.

Professional Potting Soil Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Based on type, the professional potting soil market has been categorized as soil with fertilizer and soil without fertilizer. In 2022, the professional potting soil without fertilizer market size reached USD 714 million owing to its extensive utilization in seeding and plant growth that require low levels of nutrients. The rising demand for chemical-free soil in line with the increasing environmental impact of fertilizers on the soil and plant health is benefitting the product adoption. Furthermore, the growing demand for rare and exotic plants that require customizable soil will contribute to the demand for potting soil without fertilizers.

Learn more about the key segments shaping this market

 Download Free Sample

By application, the industry has segregated as indoor & gardening, greenhouse, lawn & landscaping, and others. The indoor & gardening segment stood accounted for 38% of the professional potting soil market revenue share in 2022. This soil raises the quality and facilitates easy practices, as well as aids in improving drainage and soil water retention. In addition, it can help reduce plant diseases and pests, augmenting the demand for professional potting soil in greenhouses for plant growth. The rising trend of in-house gardening and farming across urban areas is further propelling product use.

Looking for region specific data?

 Download Free Sample

North America professional potting soil market is projected to exhibit over 4% CAGR through 2032, attributed to the significant shift toward organic and sustainable gardening practices and the growing trend of urban gardening and cannabis cultivation, especially in the U.S. Additionally, favorable government policies are fueling regional growth. In the U.S. the Federal Seed Act regulates the labeling and purity of seeds, including those used in potting soil, which is also boosting the product demand.

Major Professional Potting Soil Market Share

Some of the key players profiled in the professional potting soil market include

  • Sun Gro
  • Scotts Miracle-Gro
  • Copmpo
  • Lambert
  • ASB Greenworld
  • Klasmann-Deilmann
  • Florentaise
  • Espoma,
  • FoxFarm.

These companies are investing in supportive R&D programs and engaging in promising acquisitions to attain a competitive edge in the industry.

Professional Potting Soil Industry News

  • In November 2022, Klasmann-Deilmann, an international growing media firm, and Substrate Manufacturers, Maan Biobased Products, signed an Environmental Impact of Potting Soil and Substrate Manufacturers Netherlands pact and launched Nygaia, a sustainable substrate in April 2023.
  • In October 2022, Sun Gro, a horticulture solutions provider, announced the acquisition of Pelemix’s Mexico and U.S. operations. With this acquisition, the company collaborated with Pelemix for its high-quality coir and the expansion of its growing media offerings.

This professional potting soil market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in kilo tons and revenue in USD million from 2018 to 2032 for the following segments

Click here to Buy Section of this Report

 

 

By Type

 

  • Soil Without Fertilizer
  • Soil With Fertilizer

By Application

  • Indoor & Gardening,
  • Greenhouse,
  • Lawn & Landscaping,
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Spain
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Indonesia
  • Latin America
    • Brazil
    • Argentina
  • Middle East
    • UAE
    • South Africa
    • Saudi Arabia

 

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )