Soil Fertility Testing Market size is projected to cross USD 4 billion by the end of 2036, expanding around 7% CAGR during the forecast period, i.e., 2024 – 2036. In the year 2023, the industry size of soil fertility testing was about USD 1 billion. The growth of the market is set to be dominated by growing soil degradation all across the world. Every five seconds, a soccer field's worth of soil is lost to erosion, and by 2050, it's predicted that about 89% of the planet's soils will be degraded. Current soil deterioration is mostly caused by phenomena including loss of organic carbon, increasing salt content, compacting, acidification, and chemical contamination.
Moreover, increasing mineral extraction, military operations, industrial waste management, wastewater treatment from households, farming, animal breeding, and the construction of urban and transportation infrastructure are some of the most frequent causes of soil pollution brought on by human activity. Hence, the need to test soil fertility is growing which is pushing market expansion.
Author Credits: Shivam Bhutani, Anil Kumar
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