What Has Been The Evolution of the Soil Fertility Testing Market in Recent Years?
The soil fertility testing market has seen considerable growth due to a variety of factors.
• In recent times, the market size for soil fertility testing has seen considerable expansion. The projected growth is from $1.20 billion in 2024 escalating to $1.29 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.6%.
This robust growth observed in the historical period can be tied back to various contributing factors. These include the growth of organic retail markets which require certification of soil health, the surge in food demand necessitating increased agricultural output, proactive government initiatives advocating for eco-friendly farming practices, rising cognizance amongst farmers regarding soil health, and mounted demand for sustainable agriculture.
What Is the Forecasted Market Size and Growth Rate for The Soil Fertility Testing Market Size In The Coming Years?
The soil fertility testing market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the soil fertility testing market is projected to experience robust growth. It is anticipated to reach $1.72 billion in 2029, with a compound annual growth rate (CAGR) of 7.3%.
The expansion in the forecasted period can be attributed to the increased demand for sustainable agriculture, heightened awareness of soil health amongst farmers, governmental initiatives, surge in demand for organic goods, and the necessity for optimizing fertilizer use to minimize environmental damage. The forecast period will be marked by notable trends such as AI and IoT adoption in soil testing, advancement in soil testing techniques, alliances between agricultural technology companies and research establishments, assimilation of soil testing data into farm management software, and invention of more economical soil testing methods.
What Factors Are Driving Growth In The Soil Fertility Testing Market?
The anticipated expansion of the soil fertility testing market is likely to be driven by an increased demand for enhanced agricultural yields. This need for heightened production refers to gains in crop and livestock efficiency and output via sophisticated approaches, technologies, and eco-friendly practices. This expanding need is fuelled by elements such as a surging global populace, escalating food requirements, dwindling farmable territories due to urban growth, and the hurdles posed by climatic changes which demand robust crop kinds. Soil fertility testing serves a crucial role in elevating farming output as it provides valuable data on nutrient levels and soil status, thereby aiding farmers in refining fertilizer usage, augmenting crop outcomes, and deploying eco-friendly methods that elevate output while curbing environmental impacts. For instance, the International Food Security Assessment (IFSA) by the USDA's Economic Research Service (ERS), a US primary agency, reported in October 2024 that global food demand is predicted to surge at an annual pace of 2.8% in the forthcoming decade, with Sub-Saharan Africa spearheading the growth at 3.9% annually. Consequently, the escalating need for enhanced agricultural yields is fuelling the soil fertility testing market.
What Are The Main Segments Of The Global Soil Fertility Testing Market?
The soil fertility testing market covered in this report is segmented –
1) By Product Type: Physical Testing, Chemical Testing, Biological Testing
2) By Method: Onsite, Offsite Or Laboratory
3) By Application: Structure Of Soil, Aeration In Soil, Drainage In Soil, Chemical Fertility Of Soil
4) By End-Use Industry: Agriculture And Horticulture, Forestry, Environmental Monitoring And Research
Subsegments:
1) By Physical Testing: Soil Texture Analysis, Bulk Density Measurement, Water Retention Capacity Test, Soil Compaction Assessment
2) By Chemical Testing: pH Level Testing, Nutrient Content Analysis (NPK Testing), Organic Matter Analysis, Salinity And Electrical Conductivity Testing
3) By Biological Testing: Microbial Biomass Analysis, Soil Respiration Test, Enzyme Activity Assessment, Nematode And Beneficial Microorganism Analysis
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How Are New Trends Impacting The Size Of The Soil Fertility Testing Market?
Major companies operating in the soil fertility testing market are focusing on developing innovative products, such as portable soil nutrient analyzers, to empower farmers with instant soil health insights for improved nutrient management and sustainable agricultural practices. A portable soil nutrient analyzer is a compact device designed to quickly measure and analyze the nutrient content of soil in real time, often utilizing technologies such as near-infrared spectroscopy or smartphone applications for ease of use and immediate results. For instance, in November 2024, the Indian Institute of Technology Kanpur (IIT-K), an India-based engineering and technology institute, launched the Soil Nutrient Sensing Device, a compact, smartphone-compatible device that supports up to 250 tests on a single charge. The device addresses the gap in timely soil testing for Indian farmers and was made accessible through a technology transfer MoU with ScaNxt Scientific Technologies Private Limited. This innovative device uses near-infrared (NIR) spectroscopy to provide real-time soil health data on a smartphone, removing the need for chemical reagents and complicated testing methods. By facilitating accurate nutrient management, the technology has the potential to revolutionize agriculture, boosting crop yields, minimizing fertilizer waste, and promoting both higher farmer incomes and environmental sustainability.
Who Are the Key Players In The Soil Fertility Testing Market?
Major companies operating in the soil fertility testing market are:
• Yara International ASA
• SGS SA
• Eurofins Scientific SE
• Intertek Group plc
• ALS Ltd.
• A&L Great Lakes
• AgroLab Group
• Activation Laboratories Ltd. (Actlabs)
• Midwest Laboratories
• AgSource
• Deveron
• Spectrum Analytic Inc.
• Waters Agricultural Laboratories Inc.
• Soiltech Ltd.
• Agvise Laboratories Inc
• Waypoint Analytics
• Anacon Laboratories
• Polytest Laboratories
• Crop Nutrition Laboratory Services Ltd.
• Ward Laboratories Inc.
• Tamilnadu Test House Pvt. Ltd.
• Kinsey Agricultural Services
• AgroCares
• Crop Smart
• Logan Labs
• Duraroot
• Brookside Laboratories Inc.
What Is The Most Dominant Region In The Soil Fertility Testing Market?
North America was the largest region in the soil fertility testing market in 2024. The regions covered in the soil fertility testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
