Global Premium Potting Soil Market Size, Share, and COVID-19 Impact Analysis, By Type (Soil without Fertilizer, Soil with Fertilizer), By Product (All-purpose Potting Soil, Lawn & Garden Soil, Professional Potting Soil), By Application (Indoor Gardening, Greenhouse, Lawn & Landscaping), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Industry: Agriculture

RELEASE DATE Mar 2024
REPORT ID SI3952
PAGES 200
REPORT FORMAT PathSoft

Global Premium Potting Soil Market Insights Forecasts to 2033

  • The Global Premium Potting Soil Market Size was Valued at USD 1583.55 Million in 2023
  • The Market Size is Growing at a CAGR of 3.4% from 2023 to 2033
  • The Worldwide Premium Potting Soil Market Size is Expected to Reach USD 2212.65 Million by 2033
  • Asia Pacific is expected to grow the fastest during the forecast period

Global Premium Potting Soil Market

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The Global Premium Potting Soil Market Size is Anticipated to Exceed USD 2212.65 Million by 2033, Growing at a CAGR of 3.4% from 2023 to 2033.

 

Market Overview

Potting soil, also known as potting mix, contains a variety of components that provide a healthy environment for potted plants. The goal of these mixtures is to keep the soil from becoming overly compacted, which can suffocate roots and impede the movement of water and nutrients. Premium potting soil is fluffier, lighter in weight, and capable of retaining moisture. Premium potting soils are classified into three types such as all-purpose, lawn and garden, and professional. All-purpose potting soil consists of two parts such as soil, compost, and perlite, sand, or vermiculite. All-purpose potting soil reduces soil-borne diseases, pests, and weeds and is suitable for both indoor and outdoor flowers, vegetables, trees, shrubs, and houseplants. There are two types such as soil without fertilizer and soil with fertilizer, which are used in indoor gardening, greenhouses, lawn and landscaping. The growing demand for potting soil for commercial and residential applications in both developed and developing regions is expected to drive the global potting soil market. The growing demand for clean label products, combined with growing companies' focus on entering emerging markets and collaborating with local growers to develop health food products, are expected to increase demand for high-quality potting soil among growers.

 

Report Coverage

This research report categorizes the market for the global premium potting soil market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global premium potting soil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global premium potting soil market.

 

Global Premium Potting Soil Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 1583.55 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :3.4%
2033 Value Projection:USD 2212.65 Million
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:115
Segments covered:By Type, By Product, By Application, By Region
Companies covered::The Scotts Miracle-Gro Company, Creekside Nursery LLC, Sun Gro Horticulture Distribution Inc, ASB Greenworld, Inc., FoxFarm Soil & Fertilizer Company, Klasmann-Deilmann GmbH, Espoma Organic Home, Michigan Peat Company (Baccto), Vermicrop Organics, Baccto, Rexius, and other key companies.
Pitfalls & Challenges:Covid-19 Empact,Challenges,Growth, Analysis.

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Driving Factors

There was a noticeable resurgence in the age-old practice of gardening, which transcended its traditional boundaries and became a global phenomenon during the forecast period. As more people see gardening as a rewarding and long-term hobby, the demand for high-quality planting mediums, such as premium potting soils, has increased dramatically. The trend toward healthier lifestyles and the desire for fresh, home-grown produce has resulted in an increase in home gardening activities. Furthermore, people are increasingly turning to gardening not only as a recreational activity, but also as a way to grow their own organic fruits, vegetables, and herbs. This trend is driving demand for high-quality potting soils that provide ideal conditions for plant growth. As the world's population grows, the landscaping industry thrives, and so does the demand for high-quality planting mediums like premium potting soils. Also, gardening practices around the world are changing as people become more aware of the importance of soil health in plant growth and environmental sustainability. As people learn more about the complexities of soil composition, the demand for high-quality planting mediums such as premium potting soils has increased significantly.

 

Restraining Factors

A growing emphasis on sustainability, consumers are looking for products that support environmentally friendly practices. The premium potting soils market faces the challenge of ensuring sustainable raw material and manufacturing processes. Balancing environmental concerns with product quality and cost-effectiveness necessitates continuous innovation and commitment from manufacturers.

 

Market Segmentation

The global premium potting soil market share is classified into type, product and application.

  • The soil without fertilizer segment is expected to hold the largest share of the global premium potting soil market during the forecast period.   

Based on the type, the global premium potting soil market is categorized into soil without fertilizer and soil with fertilizer. Among these, the soil without fertilizer segment is expected to hold the largest share of the global premium potting soil market during the forecast period, owing to its extensive use in seeding and plant growth that require low levels of nutrients. The growing demand for chemical-free soil, combined with the increasing environmental impact of fertilizers on soil and plant health, is driving product adoption. Furthermore, increasing demand for rare and exotic plants that require custom soil will drive up the demand for potting soil without fertilizers.

 

  • The all-purpose potting soil segment is expected to hold a significant share of the premium potting soil market during the forecast period.   

Based on the product, the global premium potting soil market is categorized into all-purpose potting soil, lawn & garden soil, and professional potting soil. Among these, the all-purpose potting soil segment is expected to hold the largest share of the global premium potting soil market during the forecast period. Its adaptable composition accommodates a wide range of plants, making it an appealing choice for both new and experienced gardeners. The meticulously balanced combination of organic matter, essential nutrients, and moisture-retaining components promotes healthy plant growth and development. Furthermore, all-purpose potting soil provides a hassle-free solution by eliminating the need for customers to purchase multiple specialized soils for different plants. This cost-effective and convenient feature establishes it as a market leader, appealing to a diverse customer base seeking efficiency and effectiveness in their gardening endeavors.

 

  • The indoor gardening segment is expected to hold a significant share of the premium potting soil market during the forecast period.   

Based on the application, the global premium potting soil market is categorized into indoor gardening, greenhouse, and lawn & landscaping. Among these, the indoor gardening segment is expected to hold the largest share of the global premium potting soil market during the forecast period. The rise in disposable income and the rapid expansion of the construction industry have fueled the growth of indoor gardens in both developed and developing countries, including the United States, Canada, Germany, Japan, and India. This trend is a significant contributor to the overall growth of the global premium potting soils market.

 

Regional Segment Analysis of the Global Premium Potting Soil Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global premium potting soil market over the predicted timeframe.

 

North America

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North America is projected to hold the largest share of the global premium potting soil market over the forecast period. The increasing area under indoor planting, combined with the adoption of modern agriculture technology, is expected to boost the use of potting soil in the region. The presence of key market players such as Sun Gro Horticulture, Scotts Miracle-Gro, and others, combined with the ease of product availability in North America, is expected to boost market growth. The growing interest among Americans in home gardening is expected to boost the sale of potting soil in the region.

 

The Asia Pacific market is expected to grow at the fastest CAGR growth during the forecast period. The regional demand for good quality potting soil is expected to rise as growers' attitudes toward organic farming shift and well-organized farming practices become more common. The market in the Middle East and Africa is expected to grow rapidly over the forecast period. Because the weather in the region is unfavorable for vegetable growth, the majority of vegetables are grown in greenhouses, which is expected to drive up demand for potting soil.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global premium potting soil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • The Scotts Miracle-Gro Company
  • Creekside Nursery LLC
  • Sun Gro Horticulture Distribution Inc
  • ASB Greenworld, Inc.
  • FoxFarm Soil & Fertilizer Company
  • Klasmann-Deilmann GmbH
  • Espoma Organic Home
  • Michigan Peat Company (Baccto)
  • Vermicrop Organics
  • Baccto
  • Rexius
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In October 2022, Sun Gro, a horticulture solutions provider, has announced the acquisition of Pelemix's Mexico and United States operations. With this acquisition, the company collaborated with Pelemix on high-quality coir and expanded its growing media offerings.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2022 to 2033. Spherical Insights has segmented the global premium potting soil market based on the below-mentioned segments: 

 

Global Premium Potting Soil Market, By Type

  • Soil without Fertilizer
  • Soil with Fertilizer

 

Global Premium Potting Soil Market, By Product

  • All-purpose Potting Soil
  • Lawn & Garden Soil
  • Professional Potting Soil

 

Global Premium Potting Soil Market, By Application

  • Indoor Gardening
  • Greenhouse
  • Lawn & Landscaping

 

Global Premium Potting Soil Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global premium potting soil market over the forecast period?
    The global premium potting soil market is projected to expand at a CAGR of 3.4% during the forecast period.
  • 2. What is the projected market size & growth rate of the global premium potting soil market?
    The global premium potting soil market was valued at USD 1583.55 Million in 2023 and is projected to reach USD 2212.65 Million by 2033, growing at a CAGR of 3.4% from 2023 to 2033.
  • 3. Which region is expected to hold the highest share in the global premium potting soil market?
    The North America region is expected to hold the highest share of the global premium potting soil market.

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