The global greenhouse soil market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the growing adoption of the modern technologies in organic farming sector and rising popularity of indoor farming among general population across the globe. Furthermore, an effective administrative framework in greenhouse farming helps to reduce any negative environmental impact is expected to drive the growth of the market over the forecast period.
Greenhouse soil allows plants, herbs and vegetables to grow in the greenhouse by providing necessary minerals and water content. Typically used ingredients for greenhouse farming include peat, composted bark, sand, perlite and recycled mushroom compost. These ingredients are added into greenhouse soil in variable proportions. Globally, greenhouse soil market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of greenhouse soil.
Use of peat moss mix that is added into soil enhances its water-holding capacity. In addition, perlite can offer soil light and airy feel, and effects soil drainage capability. Greenhouse soil also contains coarse sand and manure in order to add heft, improve soil drainage and offer enhanced soil fertility for plant growth. These factors are projected to fuel the growth of greenhouse soil market over the forecast period. Increasing agriculture product activities coupled with rising consummation of mushrooms are predicted to favor market expansion over the coming years.
The greenhouse soil market is broadly categorized into major segments based on the application type such as indoor gardening, greenhouse, and lawn & landscaping. Greenhouse segment is growing rapidly in the market with substantial revenue generation in the last few years.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in agriculture sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, Spain, and United Kingdom are projected to witness steady growth over the coming years.
Asia-Pacific region is estimated to hold a major share in the greenhouse soil market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising disposable income, increasing awareness level among general population, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the greenhouse soil market are The Scotts Miracle-Gro Co., Sun Gro Horticulture, Inc., Klasmann-Deilmann GmbH, Kingenta Ecological Engineering Co., LTD., Premier Tech Ltd., Copmpo SANA, ASB Greenworld, Inc., Lambert Peat Moss Co., and FoxFarm Soil & Fertilizer Co.
Leading players of Greenhouse Soil including:
• Scotts Miracle-Gro
• Sun Gro
• Premier Tech
• ASB Greenworld
• Bord na Mona
• Westland Horticulture
• Matecsa Kft
• Hangzhou Jinhai
• Michigan Peat
• C&C Peat
• Good Earth Horticulture
• Free Peat
• Vermicrop Organics
Market split by Type, can be divided into:
• Potting Mix
• Garden Soil
Market split by Application, can be divided into:
• Indoor Gardening
• Lawn & Landscaping
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Research Support Specialist, USA