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The soil treatment market size is forecast to increase by USD 19.5 billion at a CAGR of 7.51% between 2023 and 2028. The market is driven by the increasing population and food demand, which necessitates the need to maintain soil fertility. Precision agriculture is gaining traction in soil treatment, enabling farmers to optimize nutrient usage and reduce the application of chemical fertilizers. However, there is a lack of awareness regarding soil conservation practices, leading to the overuse of synthetic substances and contamination from particle matter, sewage pipes, and landfills. This, in turn, adversely affects nutrient retention and increases the prevalence of soil-borne pests. To mitigate these challenges, there is a growing interest in biological treatment methods, including the use of manures, pH adjusters, and biological components.
Moreover, biotechnology is also playing a pivotal role in developing sustainable soil treatment solutions. The market is further expected to witness trends such as the adoption of thermal treatment and organic amendments for improving soil health. Key challenges include the high cost of advanced treatment methods and the need for regulatory compliance. In conclusion, the market is witnessing significant growth due to the increasing demand for food production and the adoption of precision agriculture. However, the market faces challenges such as the lack of awareness regarding soil conservation and the need for sustainable and cost-effective treatment methods. To address these challenges, there is a growing focus on biotechnology and biological treatment methods, as well as the adoption of thermal treatment and organic amendments.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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