Europe Soil Conditioners Market to Reach $1.13 Billion by 2023

Reduced arable land in European countries is leading to a demand for soil conditioners, and this reflects in the growing Europe soil conditioners market which is poised to attain a valuation of $1.13 billion by the end of 2023, according to market analysis by IndustryARC’s analyst. Furthermore, the analyst has assessed all the market forces of Europe soil conditioners market, and has concluded that the forecast period 2018-2023 will witness a growth in demand for soil conditioners in Europe at a profitable CAGR of 5.49%. 

According to the findings by the World Bank, the percentage of arable land in most of the European countries such as Austria (currently at 16.3%), Croatia (15.6%), Czech Republic (32.3%), and Germany (33.7%) is on a perpetual decline.^[1]  While some countries such as Belgium and Denmark have ample amount of arable land. Agriculture sector in these countries is attributable to soil management techniques that include application of soil conditioners for an improved distribution, penetration, and retention of water. 

Such insights pertaining to the Europe soil conditioners market are documented in a market intelligence report titled, “Europe Soil Conditioners Market: By Type (Organic and Synthetic); By Solubility (Water Soluble and Hydrogels); By Crop Type (Cereals & Grains, Oilseeds & Pulses, and Others); By Soil Type (Sand, Silt, and Others); By Application (Agriculture and Industrial); & By Geography Forecast (2018 2023)”, which provides a peek into all factors affecting the Europe soil conditioners market along with trends, growth opportunities, and challenges that the vendors can face during the forecast period. Furthermore, the analyst has delved into all the segments of the Europe soil conditioners market and has provided information about the growth of the market in each segment which will help to identify the most lucrative soil conditioners marketplace. 

France is found to be the most lucrative soil conditioners marketplace in Europe, and the country accounted revenue of $184.55m in 2017. As estimated by the Food and Agricultural Organization (FAO) of the United Nations (UN), France had an impressive 28,718.02 ha of agricultural land in 2016, which supported the thriving agricultural sector of the country.^[2]  The cultivation of vast land entails application of soil conditioners for better crop productivity, which supports the Europe soil conditioners market. 

Cereal crops is the most lucrative application segment in the Europe soil conditioners market which is poised to grow at a CAGR of 5.30% through to 2023. European countries such as Denmark, France, Germany, Hungary, and Norway have been observing an increment in the cereal crop production for a few years now. In 2016, the collective production of cereal in the above-mentioned countries stood at 135.394 million metric tons, according to the World Bank, and the upcoming years anticipate growth in production in order to fulfil the demand from rising population.^[3]  This makes the cereal crops segment a propitious Europe soil conditioners marketplace. 

According to the Research Institute of Organic Agriculture (FiBL), the organic market in Europe stride at 11% increase year on year with total revenue of $41.62 billion in 2017.^[4]  This booming organic market in Europe is creating opportunities for vendors in the Europe soil conditioners market, as organic produce require soil conditioners so that soil can absorb and retain ample water for good cultivation productivity. 

There is a growing awareness related to sustainable soil management techniques in countries of Europe, which also include application of soil conditioners to improve the quality of soil. This awareness is driving the Europe soil conditioners market. 

Some of the key companies identified in the Europe soil conditioners market intelligence report that are striving to capitalize on the customer-base are BASF SE, Solvay S.A., Evonik Industries AG, AkzoNobel N.V., Novozymes A/S, Croda International plc, Ro Agri, Veolia Environment S.A., Eastman Chemical Company, and ICL Specialty Fertilizers. 

The Europe soil conditioners market research report is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories & Application            11. Demand Analysis (Revenue & Volume)

2. Market trends & Relevant Market Data            12. Country level Analysis

3. Manufacturer Landscape            13. Competitor Analysis

4. Distributor Landscape            14. Market Shares Analysis

5. Pricing Analysis            15. Value Chain Analysis

6. Top 10 End user Analysis            16. Supply Chain Analysis

7. Product Benchmarking            17. Strategic Analysis

8. Product Developments            18. Current & Future Market Landscape Analysis

9. Mergers & Acquisitions Analysis             19. Opportunity Analysis

10. Patent Analysis              20. Revenue and Volume Analysis

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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.