Market Perspective

The global Greenhouse Soil Market was valued at USD 3,884.3 million in 2022 and is projected to reach USD 5756.1 million by 2030, growing at a CAGR of 5.15% from 2023 to 2030.

Greenhouse soil is used in greenhouses for the purpose of cultivation of vegetables, fruits, and other crops. The increase in the adoption of greenhouse farming directly drives the market for greenhouse soil market. Limited availability of cultivable land in many regions across the globe is among the prominent factors that is likely to fuel market growth throughout the forecast period.

Analyst’s Review on the Greenhouse Soil Market

The market for greenhouse soil is estimated to experience significant growth opportunities owing to changing trends of efficient methods of cultivation in smaller spaces. Moreover, limited arable land and expanding infrastructures are factors that are likely to increase the demand for greenhouse farming techniques during 2023 – 2030.

Market Definition

The greenhouse is a structural design that is framed with inflated materials that are used to cultivate crops inside it under environmental conditions that can be controlled through manual or automatic systems. Crops and plants are cultivated under the most favorable conditions, encompassing the ideal atmosphere, essential nutrients, and suitable soil with the necessary chemical properties. These factors together provide the optimal environment for their growth and development.

The soil plotted for the cultivation of vegetables and other crops inside a greenhouse is termed greenhouse soil. The soil comprises various types of nutrients and other compost materials to enrich the growth of the crops. The Components that are added or mixed with the soil are organic in nature and do not contain any artificial constituents. Most commonly mixed composts consist of bark, moss, vermiculite, coconut coir, and wood chips amongst others. Each category of compost has specific characteristics and is utilized as per the crop that is cultivated. The greenhouse soil market refers to the demand and supply of soil components and compost materials that are used for crop cultivation in a controlled environment under greenhouse structures.

Market Dynamics

The rise in greenhouse cultivation activities is a prominent factor driving the greenhouse soil market. Significant growth is observed in regions with extreme weather conditions such as the Middle Eastern, Africa, and a few extremely cold countries. Greenhouse activities are observed to be on the rise owing to the limited availability of arable land and the urbanizing & expansion of cities globally. The trend of greenhouse cultivation has urged the need for modern agricultural solutions that are likely to deliver high-quality yields in less space.

The rise in demand for greenhouse soil in indoor gardening and lawn & landscaping is another key factor propelling the market growth. The nutritional qualities of greenhouse soil owing to its mixtures have proven to be an effective method for the organic growth of flowering plants, lawns, and other gardening activities. The utilization of advanced techniques of agriculture comprises the usage of aged tree bark, organic composites, and other nutritional components along with greenhouse soil.

High capital and operational costs associated with greenhouse activities are likely to hinder the greenhouse soil market as well. Precautionary measures that are required to be followed for avoiding the spread of diseases and pests demand high costs at regular intervals. Developing regions are mainly observed to be impacted by this factor owing to the availability of less amount of capital for new entrants. However, encouraging government policies may support the growth of the market.

Across the globe, it is commonly observed that most farmers lack sufficient technical knowledge about soil characteristics and accurate utilization of soil properties (Reframed). This factor is likely to pose a challenge to the proliferation of the greenhouse soil market. Certain types of cultivation, such as flowering or fruit-yielding plants, require specific components in greenhouse soil, with some plants requiring the soil to have high pH levels. The fulfillment of the exact properties required for cultivation can be carried out when the farmer is well aware of the chemical properties contained in various components of greenhouse soil.

Segmentation Analysis

The global greenhouse soil market is segmented based on application, component, type, and geography.

Based on application, the market is further categorized into greenhouse, lawn & landscaping, indoor gardening, and other applications. In 2022, greenhouse application dominated the segmental share attributing more than 43% of total revenue. Rising set-ups of greenhouses globally owing to increasing productivity and better quality yields have resulted in significant revenue generation. The limited availability of arable farming land is another prominent factor that has increased the importance of greenhouse.

Lawn & landscaping is estimated to observe significant growth opportunities owing to increasing applications of greenhouse soil. Characteristic features of greenhouse soil have yielded favorable outcomes thus in turn increasing the demand of the market.

Based on components, the market is further categorized into peat moss, aged bark, coco husk chips, rock wool, and others. In 2022, peat moss held the largest share of 36.72% owing to the richness in pH properties. The utilization of peat moss as an ingredient supports the growth of plants in a greenhouse that requires the presence of an acidic environment through the soil. Aged bark is anticipated to observe a faster growth rate than peat moss throughout the forecast period. The high demand for aged bark is also due to its effectiveness in improving soil structure and its ability to retain moisture and essential nutrients, making it a valuable component in gardening and farming. Aged bark as a component is attracting increasing demand from the gardening sector.

Based on type, the market is further categorized into garden soil, potting mix, mulch, topsoil, and others. In 2022, garden soil accounted for the largest share of 37.01% owing to large-scale applications in gardens, greenhouses, and other cultivable spaces. The quantitative supply of garden soil is high compared to any other type of greenhouse mixture.  It is estimated that revenue from garden soil will continue to dominate throughout the forecast period.

Geography Analysis

Based on regional analysis, the global greenhouse soil market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

Europe accounted for the largest regional share in terms of revenue, attributing 37.12% of total global revenue in 2022. The dominance is majorly due to the limited availability of arable land in the region as compared to other regions. Greenhouse cultivation is observed at a much higher scale due to the presence of key market players and established infrastructure. Large-scale penetration due to growing awareness of greenhouse cultivation processes is another prominent factor fueling regional market growth. Spain, Italy, France, and Germany are prominent countries producing a high demand for greenhouse cultivation and therein increasing demand for greenhouse soil. Spain attributes the largest demand and thus the highest revenue due to which it is estimated that Spain would dominate the region throughout the forecast period.

Asia Pacific is anticipated to experience the fastest growth across the world and accounts for USD 1,172.6 million by 2030 owing to the presence of agricultural-based countries. Although India, China, and Japan are the prominent countries in the region, the penetration rate of greenhouse and advanced techniques has been slower due to the presence of large arable land. That being said, there is a significant rate of technological developments and awareness of greenhouse cultivation techniques in China and Japan, indicating a growing trend in the region.

Competitive Landscape

The global greenhouse soil industry study report will provide valuable insight with an emphasis on the fragmented nature of the global market. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments involve a range of strategic initiatives including investments in R&D activities, new manufacturing facilities, and supply chain optimization. The major players in the market are

• Agra Tech, Inc.
• ASB Grünland Helmut Aurenz GmbH
• Florentaise
• FoxFarm Soil & Fertilizer Co.
• Garden Health
• Good Earth
• Klasmann-Deilmann GmbH
• Luiten Greenhouses
• Michigan Peat Company
• ScottsMiracle-Gro

Key Developments

• October 2021 (Acquisition)– Pipp Horticulture, a part company of Pipp Mobile Storage Systems Inc., announced the acquisition of GGS Group of Companies. GGS specializes in the greenhouse and horticulture industry and is a leading manufacturer of greenhouse turnkey solutions.
• May 2021 (Acquisition)– Grow Generation Corp signed an agreement of the acquisition of The Harvest Company which is a renowned supplier of hydroponic and other greenhouse services and solutions. Grow Generation Corp aims at expanding their business reach with this acquisition. Additionally, it would add products and services to its portfolio.

The global Greenhouse Soil Market is segmented as:

By Application

• Greenhouse
• Lawn & Landscaping
• Indoor Gardening
• Others

By Component

• Peat Moss
• Aged Bark
• Coco Husk Chips
• Rockwool
• Others

By Type

• Garden Soil
• Potting Mix
• Mulch
• Topsoil
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America