Soil Amendments Market Report - (Growth and Size by 2031)
The Soil Amendments Market is expected to register a CAGR of 11.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by type (organic [humic acid, seaweed, biofertilizers, others] and inorganic [gypsum, lime, others]). The report is further segmented by form (dry and liquid). The report is segmented by soil type (sand, loam, clay, and silt). The report further presents an analysis based on the crop type (cereals and grains, fruits and vegetables, oilseeds and pulses, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Soil Amendments Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Soil Amendments Market Segmentation
Type- Organic
- Inorganic
- Dry
- Liquid
- Sand
- Loam
- Clay
- Silt
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Soil Amendments Market Growth Drivers- Population Growth and the Increasing Demand for Food: Growing population around the globe is a major driver for the market of soil amendments. With a corresponding surge in food demand, considerable improvement in yield strategies to achieve yields are being concentrated in soils. Given that soil amendments can be organic compost, biochar, or mineral-based products, it is very important for improving soil structure, nutrient contents, and water retention and, therefore, ultimately affecting agricultural productivity. Adding to the call for soil improvement products is the need to create more sustainable farming practices in response to increasingly pressing environmental challenges.
- Sustainability in Agriculture: The Rise of Organic Farming: The future growth of soil amendments will be propelled by global movements toward more sustainable agricultural practices and the growth of organic farming. The growing consumers' preference for organic produce has, in turn, forced farmers to seek ways of ensuring healthy soil environments with minimal recourse to synthetic chemicals. Organic amendments like compost and manure are thus in high demand in the marketplace as they enhance soil structures and fertility without harming the environment. This falls in line with the surging regulatory pressures pushing towards sustainable farming practices, thus boosting the adoption of soil amendments.
- Soil Degradation and the Need for Regeneration: Deterioration of the soil itself, mainly through erosion, excessive chemical use, or harmful farming practices, is a massive problem for the world. The lower the soil's quality gets, the more its amendments are needed to regain fertility and microbial activity and prevent further deterioration. Regeneration and revamping of damaged soils can be carried out with such products as bio-based amendments, humic substances, and mycorrhizal inoculants. This has led to governments as well as farmers further investing into soil health improvement.
- The Shift Towards Bio-Based and Organic Amendments: Consumer demand for organic food and environmental concerns, there has been a growing trend towards bio-based and organic amendments of soil. Sustainability is one major driving force behind the emerging popularity of products such as compost, biochar, and algae-based soil amendments which, besides their natural ability to further improve soil health, add more importance to be gained from agricultural and food waste which convert into value-added products that can enhance soil quality.
- Technological Integration in Soil Amendment Application: Here, the trend depicts the assimilation of technology in the soil amendments market through innovations in precision agriculture tools and related features of a soil sensor and intelligent fertilization systems. Such technologies assist in the more efficient application of soil amendments and thus reduce waste while enhancing the effectiveness of soil treatments. Real-time monitoring of soil health comes through smart technology, while data from it provides actionability for the farmer to optimize the use of soil amendments towards long-term soil fertility.
- Soil Carbon Sequestration and Climate Change Mitigation: There is increased interest being seen in soil carbon sequestration as an approach to climate change mitigation, which includes capturing and storing carbon in soil. Biochar and compost are believed to hold carbon, and they are currently marketed as soil amendments that could help farmers conduct carbon-neutral farming. This in itself has fundamental and far-reaching implications in regions with policies in place that help support carbon credits or soil-based climate solutions, pushing up demand for soil amendments.
- The Growth of Organic Farming: A Key Driver for Soil Amendments: Strong growth in organic farming, particularly in regions of North America and Europe, presents a significant opportunity for the soil amendments market. Organic certification or certification for organic farming employs natural products in improving the health of the soil, hence growing demand for organic amendments in soil-from compost to earthworms. This trend is likely to gain further momentum as organic and sustainably produced food demands increase across the globe.
- Regenerative Agriculture: Driving Soil Health and Fertility: Regenerative agriculture focuses on restoring the health of soils and their ecosystems. Hence, relative to the use of soil, amendment products start well. No-till farming, cover cropping, as well as crop rotation, are ways through which the quantity of soil organic matter is restored or the water retention properties of the soils are enhanced. All these means will eventually necessitate amendments for soil fertility.
- Soil Amendment Solutions for Emerging Economies: The soil amendment market offers great opportunities in emergent economies of Africa, Asia, and Latin America where massive problems of soil degradation, low fertility, and scarce water supply exist. Soil amendment presents a readily available solution for enhancing agricultural productivity in regions where these problems are severe. With the maturity of these markets and the adoption of sustainable farming practices across the country, the demand for soil amendments would skyrocket manifold, making the opportunity the most alluring for the manufacturers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Soil Amendments Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Soil Amendments Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Soil Amendments Market is estimated to witness a CAGR of 11.4% from 2023 to 2031
The major factors driving the soil amendments market are:
1. Increasing Global Demand for Food Production.
2.Sustainable Agricultural Practices and Organic Farming.
UPL Ltd, BASF SE, FMC Corp, Komeco BV, Airex Énergie Inc, Valagro SpA, ILSA SpA, BioChar6, Carbonis GmbH and Co KG, and Brandt Inc
On the basis of geography, the soil amendments market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
A shift towards bio-based and organic amendments is expected to be the key market trend.
1. INTRODUCTION
1. 1. SCOPE OF THE STUDY
1. 2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1. 3. MARKET SEGMENTATION
1. 3. 1 Soil Amendments Market - By Type
1. 3. 2 Soil Amendments Market - By Soil Type
1. 3. 3 Soil Amendments Market - By Crop Type
1. 3. 4 Soil Amendments Market - By Form
1. 3. 5 Soil Amendments Market - By Region
1. 3. 5. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SOIL AMENDMENTS MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER'S FIVE FORCES ANALYSIS
4. 2. 1 Bargaining Power of Buyers
4. 2. 1 Bargaining Power of Suppliers
4. 2. 1 Threat of Substitute
4. 2. 1 Threat of New Entrants
4. 2. 1 Competitive Rivalry
4. 3. EXPERT OPINIONS
5. SOIL AMENDMENTS MARKET - KEY MARKET DYNAMICS
5. 1. KEY MARKET DRIVERS
5. 2. KEY MARKET RESTRAINTS
5. 3. KEY MARKET OPPORTUNITIES
5. 4. FUTURE TRENDS
5. 5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SOIL AMENDMENTS MARKET - GLOBAL MARKET ANALYSIS
6. 1. SOIL AMENDMENTS - GLOBAL MARKET OVERVIEW
6. 2. SOIL AMENDMENTS - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. ORGANIC
7. 3. 1. Overview
7. 3. 2. Organic Market Forecast and Analysis
7. 4. INORGANIC
7. 4. 1. Overview
7. 4. 2. Inorganic Market Forecast and Analysis
8. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - SOIL TYPE
8. 1. OVERVIEW
8. 2. SOIL TYPE MARKET FORECASTS AND ANALYSIS
8. 3. LOAM
8. 3. 1. Overview
8. 3. 2. Loam Market Forecast and Analysis
8. 4. CLAY
8. 4. 1. Overview
8. 4. 2. Clay Market Forecast and Analysis
8. 5. SILT
8. 5. 1. Overview
8. 5. 2. Silt Market Forecast and Analysis
8. 6. SAND
8. 6. 1. Overview
8. 6. 2. Sand Market Forecast and Analysis
9. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - CROP TYPE
9. 1. OVERVIEW
9. 2. CROP TYPE MARKET FORECASTS AND ANALYSIS
9. 3. CEREALS AND GRAINS
9. 3. 1. Overview
9. 3. 2. Cereals and Grains Market Forecast and Analysis
9. 4. FRUITS AND VEGETABLES
9. 4. 1. Overview
9. 4. 2. Fruits and Vegetables Market Forecast and Analysis
9. 5. OILSEEDS AND PULSES
9. 5. 1. Overview
9. 5. 2. Oilseeds and Pulses Market Forecast and Analysis
9. 6. OTHERS
9. 6. 1. Overview
9. 6. 2. Others Market Forecast and Analysis
10. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
10. 1. OVERVIEW
10. 2. FORM MARKET FORECASTS AND ANALYSIS
10. 3. DRY
10. 3. 1. Overview
10. 3. 2. Dry Market Forecast and Analysis
10. 4. LIQUID
10. 4. 1. Overview
10. 4. 2. Liquid Market Forecast and Analysis
11. SOIL AMENDMENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11. 1. NORTH AMERICA
11. 1. 1 North America Soil Amendments Market Overview
11. 1. 2 North America Soil Amendments Market Forecasts and Analysis
11. 1. 3 North America Soil Amendments Market Forecasts and Analysis - By Type
11. 1. 4 North America Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 1. 5 North America Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 1. 6 North America Soil Amendments Market Forecasts and Analysis - By Form
11. 1. 7 North America Soil Amendments Market Forecasts and Analysis - By Countries
11. 1. 7. 1 Canada Soil Amendments Market
11. 1. 7. 1. 1 Canada Soil Amendments Market by Type
11. 1. 7. 1. 2 Canada Soil Amendments Market by Soil Type
11. 1. 7. 1. 3 Canada Soil Amendments Market by Crop Type
11. 1. 7. 1. 4 Canada Soil Amendments Market by Form
11. 1. 7. 2 Mexico Soil Amendments Market
11. 1. 7. 2. 1 Mexico Soil Amendments Market by Type
11. 1. 7. 2. 2 Mexico Soil Amendments Market by Soil Type
11. 1. 7. 2. 3 Mexico Soil Amendments Market by Crop Type
11. 1. 7. 2. 4 Mexico Soil Amendments Market by Form
11. 1. 7. 3 US Soil Amendments Market
11. 1. 7. 3. 1 US Soil Amendments Market by Type
11. 1. 7. 3. 2 US Soil Amendments Market by Soil Type
11. 1. 7. 3. 3 US Soil Amendments Market by Crop Type
11. 1. 7. 3. 4 US Soil Amendments Market by Form
11. 2. EUROPE
11. 2. 1 Europe Soil Amendments Market Overview
11. 2. 2 Europe Soil Amendments Market Forecasts and Analysis
11. 2. 3 Europe Soil Amendments Market Forecasts and Analysis - By Type
11. 2. 4 Europe Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 2. 5 Europe Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 2. 6 Europe Soil Amendments Market Forecasts and Analysis - By Form
11. 2. 7 Europe Soil Amendments Market Forecasts and Analysis - By Countries
11. 2. 7. 1 Germany Soil Amendments Market
11. 2. 7. 1. 1 Germany Soil Amendments Market by Type
11. 2. 7. 1. 2 Germany Soil Amendments Market by Soil Type
11. 2. 7. 1. 3 Germany Soil Amendments Market by Crop Type
11. 2. 7. 1. 4 Germany Soil Amendments Market by Form
11. 2. 7. 2 France Soil Amendments Market
11. 2. 7. 2. 1 France Soil Amendments Market by Type
11. 2. 7. 2. 2 France Soil Amendments Market by Soil Type
11. 2. 7. 2. 3 France Soil Amendments Market by Crop Type
11. 2. 7. 2. 4 France Soil Amendments Market by Form
11. 2. 7. 3 Italy Soil Amendments Market
11. 2. 7. 3. 1 Italy Soil Amendments Market by Type
11. 2. 7. 3. 2 Italy Soil Amendments Market by Soil Type
11. 2. 7. 3. 3 Italy Soil Amendments Market by Crop Type
11. 2. 7. 3. 4 Italy Soil Amendments Market by Form
11. 2. 7. 4 United Kingdom Soil Amendments Market
11. 2. 7. 4. 1 United Kingdom Soil Amendments Market by Type
11. 2. 7. 4. 2 United Kingdom Soil Amendments Market by Soil Type
11. 2. 7. 4. 3 United Kingdom Soil Amendments Market by Crop Type
11. 2. 7. 4. 4 United Kingdom Soil Amendments Market by Form
11. 2. 7. 5 Russia Soil Amendments Market
11. 2. 7. 5. 1 Russia Soil Amendments Market by Type
11. 2. 7. 5. 2 Russia Soil Amendments Market by Soil Type
11. 2. 7. 5. 3 Russia Soil Amendments Market by Crop Type
11. 2. 7. 5. 4 Russia Soil Amendments Market by Form
11. 2. 7. 6 Rest of Europe Soil Amendments Market
11. 2. 7. 6. 1 Rest of Europe Soil Amendments Market by Type
11. 2. 7. 6. 2 Rest of Europe Soil Amendments Market by Soil Type
11. 2. 7. 6. 3 Rest of Europe Soil Amendments Market by Crop Type
11. 2. 7. 6. 4 Rest of Europe Soil Amendments Market by Form
11. 3. ASIA-PACIFIC
11. 3. 1 Asia-Pacific Soil Amendments Market Overview
11. 3. 2 Asia-Pacific Soil Amendments Market Forecasts and Analysis
11. 3. 3 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Type
11. 3. 4 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 3. 5 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 3. 6 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Form
11. 3. 7 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Countries
11. 3. 7. 1 Australia Soil Amendments Market
11. 3. 7. 1. 1 Australia Soil Amendments Market by Type
11. 3. 7. 1. 2 Australia Soil Amendments Market by Soil Type
11. 3. 7. 1. 3 Australia Soil Amendments Market by Crop Type
11. 3. 7. 1. 4 Australia Soil Amendments Market by Form
11. 3. 7. 2 China Soil Amendments Market
11. 3. 7. 2. 1 China Soil Amendments Market by Type
11. 3. 7. 2. 2 China Soil Amendments Market by Soil Type
11. 3. 7. 2. 3 China Soil Amendments Market by Crop Type
11. 3. 7. 2. 4 China Soil Amendments Market by Form
11. 3. 7. 3 India Soil Amendments Market
11. 3. 7. 3. 1 India Soil Amendments Market by Type
11. 3. 7. 3. 2 India Soil Amendments Market by Soil Type
11. 3. 7. 3. 3 India Soil Amendments Market by Crop Type
11. 3. 7. 3. 4 India Soil Amendments Market by Form
11. 3. 7. 4 Japan Soil Amendments Market
11. 3. 7. 4. 1 Japan Soil Amendments Market by Type
11. 3. 7. 4. 2 Japan Soil Amendments Market by Soil Type
11. 3. 7. 4. 3 Japan Soil Amendments Market by Crop Type
11. 3. 7. 4. 4 Japan Soil Amendments Market by Form
11. 3. 7. 5 South Korea Soil Amendments Market
11. 3. 7. 5. 1 South Korea Soil Amendments Market by Type
11. 3. 7. 5. 2 South Korea Soil Amendments Market by Soil Type
11. 3. 7. 5. 3 South Korea Soil Amendments Market by Crop Type
11. 3. 7. 5. 4 South Korea Soil Amendments Market by Form
11. 3. 7. 6 Rest of Asia-Pacific Soil Amendments Market
11. 3. 7. 6. 1 Rest of Asia-Pacific Soil Amendments Market by Type
11. 3. 7. 6. 2 Rest of Asia-Pacific Soil Amendments Market by Soil Type
11. 3. 7. 6. 3 Rest of Asia-Pacific Soil Amendments Market by Crop Type
11. 3. 7. 6. 4 Rest of Asia-Pacific Soil Amendments Market by Form
11. 4. MIDDLE EAST AND AFRICA
11. 4. 1 Middle East and Africa Soil Amendments Market Overview
11. 4. 2 Middle East and Africa Soil Amendments Market Forecasts and Analysis
11. 4. 3 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Type
11. 4. 4 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 4. 5 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 4. 6 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Form
11. 4. 7 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Countries
11. 4. 7. 1 South Africa Soil Amendments Market
11. 4. 7. 1. 1 South Africa Soil Amendments Market by Type
11. 4. 7. 1. 2 South Africa Soil Amendments Market by Soil Type
11. 4. 7. 1. 3 South Africa Soil Amendments Market by Crop Type
11. 4. 7. 1. 4 South Africa Soil Amendments Market by Form
11. 4. 7. 2 Saudi Arabia Soil Amendments Market
11. 4. 7. 2. 1 Saudi Arabia Soil Amendments Market by Type
11. 4. 7. 2. 2 Saudi Arabia Soil Amendments Market by Soil Type
11. 4. 7. 2. 3 Saudi Arabia Soil Amendments Market by Crop Type
11. 4. 7. 2. 4 Saudi Arabia Soil Amendments Market by Form
11. 4. 7. 3 U. A. E Soil Amendments Market
11. 4. 7. 3. 1 U. A. E Soil Amendments Market by Type
11. 4. 7. 3. 2 U. A. E Soil Amendments Market by Soil Type
11. 4. 7. 3. 3 U. A. E Soil Amendments Market by Crop Type
11. 4. 7. 3. 4 U. A. E Soil Amendments Market by Form
11. 4. 7. 4 Rest of Middle East and Africa Soil Amendments Market
11. 4. 7. 4. 1 Rest of Middle East and Africa Soil Amendments Market by Type
11. 4. 7. 4. 2 Rest of Middle East and Africa Soil Amendments Market by Soil Type
11. 4. 7. 4. 3 Rest of Middle East and Africa Soil Amendments Market by Crop Type
11. 4. 7. 4. 4 Rest of Middle East and Africa Soil Amendments Market by Form
11. 5. SOUTH AND CENTRAL AMERICA
11. 5. 1 South and Central America Soil Amendments Market Overview
11. 5. 2 South and Central America Soil Amendments Market Forecasts and Analysis
11. 5. 3 South and Central America Soil Amendments Market Forecasts and Analysis - By Type
11. 5. 4 South and Central America Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 5. 5 South and Central America Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 5. 6 South and Central America Soil Amendments Market Forecasts and Analysis - By Form
11. 5. 7 South and Central America Soil Amendments Market Forecasts and Analysis - By Countries
11. 5. 7. 1 Brazil Soil Amendments Market
11. 5. 7. 1. 1 Brazil Soil Amendments Market by Type
11. 5. 7. 1. 2 Brazil Soil Amendments Market by Soil Type
11. 5. 7. 1. 3 Brazil Soil Amendments Market by Crop Type
11. 5. 7. 1. 4 Brazil Soil Amendments Market by Form
11. 5. 7. 2 Argentina Soil Amendments Market
11. 5. 7. 2. 1 Argentina Soil Amendments Market by Type
11. 5. 7. 2. 2 Argentina Soil Amendments Market by Soil Type
11. 5. 7. 2. 3 Argentina Soil Amendments Market by Crop Type
11. 5. 7. 2. 4 Argentina Soil Amendments Market by Form
11. 5. 7. 3 Rest of South and Central America Soil Amendments Market
11. 5. 7. 3. 1 Rest of South and Central America Soil Amendments Market by Type
11. 5. 7. 3. 2 Rest of South and Central America Soil Amendments Market by Soil Type
11. 5. 7. 3. 3 Rest of South and Central America Soil Amendments Market by Crop Type
11. 5. 7. 3. 4 Rest of South and Central America Soil Amendments Market by Form
12. INDUSTRY LANDSCAPE
12. 1. MERGERS AND ACQUISITIONS
12. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12. 3. NEW PRODUCT LAUNCHES
12. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. SOIL AMENDMENTS MARKET, KEY COMPANY PROFILES
13. 1. BASF SE
13. 1. 1. Key Facts
13. 1. 2. Business Description
13. 1. 3. Products and Services
13. 1. 4. Financial Overview
13. 1. 5. SWOT Analysis
13. 1. 6. Key Developments
13. 2. UPL
13. 2. 1. Key Facts
13. 2. 2. Business Description
13. 2. 3. Products and Services
13. 2. 4. Financial Overview
13. 2. 5. SWOT Analysis
13. 2. 6. Key Developments
13. 3. SIKA AG
13. 3. 1. Key Facts
13. 3. 2. Business Description
13. 3. 3. Products and Services
13. 3. 4. Financial Overview
13. 3. 5. SWOT Analysis
13. 3. 6. Key Developments
13. 4. ADAMA AGRICULTURAL SOLUTIONS
13. 4. 1. Key Facts
13. 4. 2. Business Description
13. 4. 3. Products and Services
13. 4. 4. Financial Overview
13. 4. 5. SWOT Analysis
13. 4. 6. Key Developments
13. 5. FMC CORPORATION
13. 5. 1. Key Facts
13. 5. 2. Business Description
13. 5. 3. Products and Services
13. 5. 4. Financial Overview
13. 5. 5. SWOT Analysis
13. 5. 6. Key Developments
13. 6. NUFARM
13. 6. 1. Key Facts
13. 6. 2. Business Description
13. 6. 3. Products and Services
13. 6. 4. Financial Overview
13. 6. 5. SWOT Analysis
13. 6. 6. Key Developments
13. 7. EVONIK INDUSTRIES AG
13. 7. 1. Key Facts
13. 7. 2. Business Description
13. 7. 3. Products and Services
13. 7. 4. Financial Overview
13. 7. 5. SWOT Analysis
13. 7. 6. Key Developments
13. 8. NOVOZYMES A/S
13. 8. 1. Key Facts
13. 8. 2. Business Description
13. 8. 3. Products and Services
13. 8. 4. Financial Overview
13. 8. 5. SWOT Analysis
13. 8. 6. Key Developments
13. 9. AGRINOS
13. 9. 1. Key Facts
13. 9. 2. Business Description
13. 9. 3. Products and Services
13. 9. 4. Financial Overview
13. 9. 5. SWOT Analysis
13. 9. 6. Key Developments
13. 10. T. STANES AND COMPANY
13. 10. 1. Key Facts
13. 10. 2. Business Description
13. 10. 3. Products and Services
13. 10. 4. Financial Overview
13. 10. 5. SWOT Analysis
13. 10. 6. Key Developments
14. APPENDIX
14. 1. ABOUT THE INSIGHT PARTNERS
14. 2. GLOSSARY OF TERMS
The List Of Companies
- BASF SE
- UPL
- Sika AG
- ADAMA Agricultural Solutions
- FMC Corporation
- Nufarm
- Evonik Industries AG
- Novozymes A/S
- Agrinos
- T. Stanes and Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For