Global Professional Potting Soil Market Size By Product(Soil Without Fertilizer, Soil With Fertilizer), By Application(Indoor & Gardening, Greenhouse), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Professional Potting Soil Market Size By Product(Soil Without Fertilizer, Soil With Fertilizer), By Application(Indoor & Gardening, Greenhouse), By Geographic Scope And Forecast

Professional Potting Soil Market Size And Forecast

Professional Potting Soil Market size was valued at USD 1,154.56 Million in 2022 and is projected to reach USD 1,651.60 Million by 2030, at a CAGR of 4.61% from 2023 to 2030.

Indoor gardens are very productive in terms of the amount of food that can be grown per square foot and environmentally friendly in terms of the amount of energy and water required to produce. As a result of the growing popularity of indoor gardening, the rise of professional potting soil is expected to accelerate throughout the forecast period. The Global Professional Potting Soil Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Professional Potting Soil Market Definition

Potting soil is essential to the plant’s quality and productivity, plant vegetative development and delayed maturity might be aided by potting soil with high nitrogen concentrations. Also, using high-quality potting soil might reduce the time it takes for a plant to emerge. Professional potting soil is a type of soil designed specifically for growing plants in pots. It contains more minerals and organic matter than conventional garden soil, allowing it to sustain healthy plant development in tiny spaces. It is also pH-neutral, which means it will not hurt or damage plant roots when used as advised. Features of Professional Potting Soil

Nutrient-richProfessional potting soil is often composed of a high-quality combination of components such as peat moss, vermiculite, perlite, and compost. These substances give plants critical nutrients, supporting proper growth and development. Professional potting soil should have a diverse spectrum of nutrients for plants.

High Organic Matter ContentProfessional potting soil contains a high level of organic matter, which is useful for various reasons. Organic matter decomposes and offers nutrients to plants while also helping to keep moisture in the soil. Consistent Quality and FormulationProfessional potting soil is made with the goal of maintaining uniform quality and formulation from batch to batch. This guarantees that the plants receive the same quantity of nutrients, pH, and drainage from batch to batch, which can aid in the prevention of issues such as nutritional deficits or root rot. Good AerationProfessional potting soil also provides outstanding aeration. It permits air to circulate the roots, which is necessary for plant growth. Professional potting soil comprises aeration and drainage ingredients such as perlite, vermiculite, and peat moss.

Global Professional Potting Soil Market Overview

Indoor farming has been widely accepted in the agriculture industry, ranging from large-scale vertical farming enterprises like AeroFarms and Bowery Growing to firms that provide smaller systems for customers to produce food in their own homes. The indoor gardening business was primed for tremendous expansion at a period when food and beverage customers valued necessary items, healthy eating, convenience, and home-cooked meals. Moreover, indoor gardens are very productive in terms of the amount of food that can be grown per square foot and environmentally friendly in terms of the amount of energy and water required to produce. As a result of the growing popularity of indoor gardening, the rise of professional potting soil is expected to accelerate throughout the forecast period.

Furthermore, The need to enhance awareness and knowledge of the value of professional potting soil in both urban and rural areas has been underlined at both the national and European levels. Soil-based concerns are gradually influencing the future roles that the soil resource may serve in Europe. There are currently a variety of soil awareness and education projects in place across the world, ranging from basic school instruction to informing decision makers and engaging with stakeholder groups. Yet, the majority of these activities are taking place at the municipal and, in some cases, national levels.

To address this, the European Commission is sponsoring a Working Group on Soil Awareness and Education under the auspices of the European Soil Bureau Network (ESBN), whose mandate is “to define an action plan for the development of measures / programmes / initiatives to raise awareness of the importance of soil across European society (i.e. policymakers, general public, universities, schools, industry, etc.)”. Also, the growing awareness of the benefits given by professional potting soil promotes market expansion. Potting soil performs much of the same functions as dirt in the ground, since it must support the plant while also supplying nutrients and water. A good potting soil will resemble the plant’s natural soil in certain ways. Potting soil must overcome a deficiency in organisms that change soil in the ground. Potting soil must also be lightweight and resistant to compacting.

Global Professional Potting Soil MarketSegmentation Analysis

The Global Professional Potting Soil Market is segmented on the basis of Product, Application, And Geography.

Professional Potting Soil Market, By Product

  • Soil Without Fertilizer
  • Soil With Fertilizer

Based on Product, Soil with Fertilizer accounted for the largest market share in 2022, and is projected to grow at a CAGR of 4.87% during the forecast period. Professional potting soil without fertiliser is a type of soil used for container gardening. It contains no fertilisers, making it perfect for plants that do not require a lot of nutrients. This soil is often referred to as “sterile potting mix” or “soil-less mix.” It’s perfect for plants that don’t need extra nutrients, like cactus and succulents. This sort of soil may also be used to repot established plants that do not require any additional nourishment.

Soil without fertilizer in professional potting soil is a commonly used growing medium in the horticulture industry. Moreover, to reach the required pH or soil structure, soil without fertilizer may need extra additions. Growers might need to add lime or sulfur, for instance, to change the pH of the soil, or perlite or vermiculite to enhance the structure and drainage of the soil. The expense and complexity of utilizing soil without fertilizer can increase owing to these extra additives, and their correct management may require more skills.

Professional Potting Soil Market, By Application

  • Indoor & Gardening
  • Greenhouse
  • Lawn & Landscaping

To Get Summarized Market Report By Application- 

On the basis of Application, Indoor & Gardening, accounted for the largest market share in 2022, and is projected to grow at the highest CAGR of 5.39% during the forecast period. Professional potting soil is most commonly used in indoor and outdoor gardening. It improves the soil’s quality and makes it simpler to deal with. It can help increase soil water retention and drainage. It can also assist to minimize pests and illnesses in plants. Professional potting soil is also commonly used in greenhouses for plant growth. Plants are often grown in containers or hydroponic systems for indoor gardening, which uses a growing medium that offers the nutrients and support needed for plant growth.

Owing to its practicality and capacity to promote wholesome plant growth, professional potting soil is a preferred option for indoor gardening. One of the main advantages of buying professional potting soil for indoor gardening is that it is frequently already pre-mixed with a balanced combination of nutrients that are crucial for plant growth. So, even in the constrained environment of an indoor setting, plants can have access to the nutrients they require to grow. Professional potting soil is furthermore created to have adequate drainage and aeration, which can aid in avoiding root rot and other problems that might result from overwatering.

Professional Potting Soil Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of regional analysis, the Global Professional Potting Soil Market is classified into North America, Europe, Asia Pacific and Rest of the world. Europe accounted for the largest market share in 2022, and is projected to grow at the highest CAGR of 4.45% during the forecast period. The formation of the European Union has ensured that the countries of the member nations have witnessed a uniform expansion within the European region. Europe’s overall momentum in the global economy remains steady and this global upswing is estimated to continue shortly.

Urban food production is experiencing a great demand with urban gardening becoming a worldwide trend. There is a rise in the number of people who are starting to garden in cities. Cities can be benefitted from urban gardening in several ways. In Germany, it has been witnessed this is an important component of city development plans. It is expected to see an increasing number of people living in cities and metropolitan areas in the future. Urban gardening is one of the factors which can turn the rising number of consumers into producers. The growing awareness of natural resource cycles and their unsustainable exploitation may result in changes in consumer behavior that can contribute to the conservation of the environment and mitigation of climate change. According to the report by Oxford Economics, in the UK, the landscaping industry and ornamental horticulture have the potential to raise their direct, indirect, and induced contribution to the country’s GDP from USD 37.50 billion in 2019 to USD 50.14 billion in 2030.

Key Players

The “Global Professional Potting Soil Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are include Scotts Miracle-Gro, Lambert, Klasmann-Deilmann GmbH, ASB Greenworld, Espoma company, FoxFarm Soil & Fertilizer Co., Michigan Peat, Sun Gro Horticulture, Hydrofarm, and Australian Native Landscapes Pty Ltd.

Key Developments

Scotts Miracle-Gro Company Acquisition • In August 2021, The Scotts Miracle-Gro Company, a leading global retailer of branded consumer lawn and garden products as well as indoor and hydroponic growing products, announced the acquisition of the leading Rhizoflora nutrient business, including the Terpinator and Purpinator brands, adding The Hawthorne Gardening Company.

Report Scope

STUDY PERIODDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Scotts Miracle-Gro, Lambert, Klasmann-Deilmann GmbH, ASB Greenworld, Espoma company, FoxFarm Soil & Fertilizer Co., Michigan Peat, Sun Gro Horticulture, Hydrofarm, and Australian Native Landscapes Pty Ltd.

SEGMENTS COVERED

By Product, By Application, And By Geography

CUSTOMIZATION SCOPE

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Professional Potting Soil Market Infographic

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