Greenhouse Soil Market Sales Size Share Forecast 2027

Greenhouse is a structure used for growing crops under fully or partially controlled environmental conditions, in order to get maximum output and optimum growth. Greenhouse soil is used for cultivation of crops in greenhouse farming. On the basis of product type, the greenhouse soil market is segregated into potting mix, garden soil, mulch, and top soil. Potting mixes is modified mixtures of soil, organic, and inorganic materials that are used for growing greenhouse plants.

Top soil is the top layer of the soil that is used in greenhouse cultivation, and it can be anywhere between 2 to 12 inches. It is used as a portion of mixture and is combined with other materials such as compost to improve aeration and water holding capacity of the potting soil. Potting mixes are used to start seeds, and are very light with higher water and air holding capacity. Top soil is rich in nutrients and minerals, microorganisms, and organic matter that helps in the growth of plants.

The global greenhouse soil market was valued at US$ 5,160.5 Mn in 2018, and is expected to exhibit a CAGR of 3.8%, in terms of revenue over the forecast period (2019-2027), and reach US$ 7,180.5 Mn by 2027.

Among region, Europe accounted for the largest revenue share of 38.4% in the global greenhouse soil market in 2018, and it is expected to hold its dominance over the forecast period. The regional market growth is driven by increasing trend of greenhouse farming, adoption of modern agriculture technology, and growing demand for organic food.

Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/3053

Increasing number of greenhouse facilities in the Middle East & Africa region is expected to boost growth of the greenhouse soil market during the forecast period. For instance, in 2016, Abu Dhabi-based Shorooq Investments announced the launch of a high-tech, commercial scale greenhouse for UAE-based Pure Harvest Smart Farms. The former company bought 3.3 hectares land in Nahel, UAE.

Based on application, greenhouse segment accounted for the largest revenue share of 45.1% in 2018 in the global greenhouse soil market. The segment is expected to witness significant growth over the forecast period as a result of growing trend for vertical and rooftop farming, coupled with reduced arable land for cultivation.

Major players operating in the global greenhouse soil market include Klasmann-Deilmann, ScottsMiracle-Gro., Sun Gro Horticulture, Premier Tech, ASB Greenworld, Florentaise, Lambert Peat Moss, Westland Horticulture, Michigan Peat Company, FoxFarmSoil & Fertilizer Company, Southeast Soils Peat Company Inc., and Espoma Organic.

Key players are focusing on strategies such as mergers & acquisitions, as well as product launches to strengthen their position in the global market. For instance, in August 2015, Westland Horticulture acquired William Sinclair, a U.K.-based horticulture company. The acquisition includes Ellesmere Port manufacturing facility of William Sinclair and brands such as Sinclair’s brands, J. Arthur Bowers, New Horizon, Growing Success, Deadfast, Silverperl, and professional growing media businesses. This acquisition has helped Westland Horticulture to expand its greenhouse soil segment in Europe.

For More Information: http://bit.ly/2O4A4lL

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah

Coherent Market Insights

1001 4th Ave,

#3200

Seattle, WA 98154

Tel: +1-206-701-6702

Email: sales@coherentmarketinsights.com

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis