Global Soil Testing, Inspection, and Certification Market is valued approximately USD 3,809.6 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2021-2027. Soil testing is defined as a 'programmed for procedural evaluation of soil fertility by rapid chemical analysis particularly to assess the available nutrient status and reaction of a soil. The Increasing production of food crops to meet the needs of a growing global population, increasing geriatric population has led to the adoption of Soil Testing, Inspection, and Certification across the forecast period. For Instance: As per IBEF, India's food sector attracted US$ 4.18 billion in foreign direct investments between April 2014 and March 2020. By 2030, Indian annual household consumption is expected to triple, making India the fifth-largest consumer in the world. Also, with the increasing number of golf courses, the adoption & demand for Soil Testing, Inspection, and Certification is likely to increase the market growth during the forecast period. However, lack of awareness impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Soil Testing, Inspection, and Certification market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing number of golf courses along with the high maintenance of the field makes. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising disposable income, rising population, increase in FDI investments would create lucrative growth prospects for the Soil Testing, Inspection, and Certification market across Asia-Pacific region.
Major market players included in this report are:
APAL Agriculture
SGS SA
Intertek Group
Bureau Veritas
Yara International ASA
ALS Ltd
Assure Quality
Exova Group
SCS Global
RJ Hills Laboratories
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service:
Testing
Inspection
Certification
By End Use:
Residential
Commercial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Soil Testing, Inspection, and Certification Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
APAL Agriculture
SGS SA
Intertek Group
Bureau Veritas
Yara International ASA
ALS Ltd
Assure Quality
Exova Group
SCS Global
RJ Hills Laboratories