Soil testing services have become increasingly critical in agriculture. The agriculture segment holds the largest share in the global soil testing, inspection, and certification market. This segment is projected to grow at 1.7 times during the forecast period from 2017 to 2027. It dominated the market in 2016, with a projected valuation of over USD 1,100 million by the end of 2017, and is expected to maintain a growth rate of 5.3% during the next decade.
Soil quality plays a crucial role in agricultural production. Farmers increasingly rely on high-quality soil to boost crop yields and sustain food production for a growing global population. However, soil is a finite natural resource, and its depletion due to various factors calls for the constant monitoring of its chemical composition to maintain productivity. Soil fertility loss can negatively impact crop yields, reducing agricultural output and damaging the agrarian economy. This underscores the importance of soil testing, inspection, and certification services, which are essential for ensuring soil quality and supporting the continuous production needed to meet the food demands of the world.
In addition to agriculture, other commercial sectors, such as landscape contractors and golf courses, are driving growth. Golf courses, in particular, are experiencing steady growth, with approximately 153 golf course projects in various stages of development in the U.S. The demand for soil testing services for maintaining golf course lawns is also increasing, contributing to the growing market share for this segment. The U.S. alone accounts for nearly 45% of the world’s golf courses, further boosting the need for soil testing and related services in North America.
In regions like Western Europe and APEJ (Asia-Pacific excluding Japan), agriculture remains the largest segment, although golf courses and landscaping services are also showing strong demand.
Key Takeaways:
- Dominance of Agriculture: The agriculture sector is the largest end-use segment in the global soil testing, inspection, and certification market, expected to continue dominating through 2027.
- Growth Rate: The agriculture segment is expected to grow at a rate of 5.3% from 2017 to 2027, reaching a market valuation of over USD 1,100 million by the end of 2017.
- Golf Course Growth: Golf courses are experiencing significant growth, with an estimated 153 golf course projects in development in the U.S., and a projected growth rate of 4.8% over the forecast period.
- Geographic Impact: The U.S. dominates the golf course sector, with nearly 45% of the world’s golf courses, driving demand for soil testing services in North America. Agriculture remains the largest segment in APEJ and Western Europe markets.
- Technological Adoption: Advancements in soil testing technology and a growing awareness of soil health will continue to drive demand in both the agricultural and commercial sectors.
Key Players:
- Eurofins Scientific
- SGS S.A.
- Intertek Group
- ALS Limited
- TÜV SÜD Group
Global Soil Testing, Inspection, And Certification Market: Taxonomy
By Test Type:
- Contamination
- Toxins
- Chemicals
- Pathogens
- Others
- Quality
- Physical Properties
- Metal
- Organic Matter
- Nutrients/Elements/Minerals
- Inorganics
- Others
- pH Test
By End Use:
- Residential
- Commercial
- Agriculture
- Landscape Contractors
- Golf Courses
- Gardens and Lawns
- Others
By Service:
- Testing
- Routine Soil Testing
- Greenhouse Saturation
- Other Special Test
- Inspection
- Certification
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
Report Preview: https://www.futuremarketinsights.com/reports/soil-testing-inspection-and-certification-market
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