5.70% CAGR to propel Manufactured Soil Market to USD 12.54 billion by 2032

Manufactured Soil Market Size Worth $12.54 Billion By 2032 | CAGR: 5.70%


The global manufactured soil market size is expected to reach USD 12.54 billion by 2032, according to a new study by Polaris Market Research. The report “Manufactured Soil Market Share, Size, Trends, Industry Analysis Report, By Type (Garden Soil, Soil Mix, and Manure & Compost); By Application; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The exponential rise in the number of people living in urban spaces and steady growth in global population in the last few decades, which fuels the need for maximizing food production that can be done through manufactured soils due to their ability to improve crop yields along with the surging product use for erosion control on the construction sites and several other vulnerable areas, are among the key prominent factors fostering global market demand and growth.

  • For instance, according a report by United Nations, the worldwide population reached 8 billion in the month of November 2022, with an increase of around 1 billion people since 2010 and 2 billion since 1988. Also, the world’s population is estimated to reach 9.7 billion by 2050 and 10.4 billion by 2080.

In addition, major product manufacturers have shifted their focus towards producing tailored soil blends in order to meet the specific requirements of different crops and plants. Thereby, various precision agriculture techniques such as soil testing and data analytics, are being increasingly integrated into manufactured soil to optimize soil composition and improve crop performance, and is generating huge growth potential for the market in the near future.

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In the recent years, there is a growing number of innovations in soil testing and monitoring technology which have enabled growers to effectively and accurately assess soil health and incorporation of sensors and IoT devices that can provide real-time data on soil moisture, temperature, nutrient levels, and other parameters, helping users make informed decisions about irrigation and nutrient management more efficiently.

As, the landscaping and horticulture industries significantly requires specialized soils to develop visually appealing and healthy outdoor spaces, the demand and need for manufactured soils is drastically increased due to their ability to easily tailored for specific landscaping needs such as turfgrass, ornamental plants, and trees among others.

Manufactured Soil Market Report Highlights

  • Garden soil segment accounted for largest share, owing to their significant use to support plant growth and helps to determining the drainage and fertility
  • Cultivation segment held the maximum market revenue share, mainly due to widespread use of manufactured soil to offer fine-tune to several components
  • Residential segment will grow at highest growth rate, mainly accelerated to increasing prevalence among homeowners for gardening and landscaping activities
  • North America dominated the global market, on account of region’s quick adoption of technological innovations and preferences for home gardening activities
  • Key players include Boxley Materials, Miller Companies, Resource Management, Scotts Miracle-Gro Co., & ICL Group

Polaris Market Research has segmented the manufactured soil market report based on type, application, end user, and region:

Manufactured Soil, Type Outlook (Revenue - USD Billion, 2023 - 2032)

  • Garden Soil
  • Soil Mix
  • Manure & Compost

Manufactured Soil, Application Outlook (Revenue - USD Billion, 2023 - 2032)

  • Cultivation
  • Lawns
  • Commercial Development
  • Sports Fields
  • Green Spaces

Manufactured Soil, End User Outlook (Revenue - USD Billion, 2023 - 2032)

  • Residential
  • Commercial
  • Government

Manufactured Soil, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

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

Manufactured Soil Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 8.03 billion

Revenue forecast in 2032

USD 12.54 billion

CAGR

5.70% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Type, By Application, By End User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

For Specific Research Requirements

Request for Customized Report