Europe Soil Fertility Testing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Test Type (Physical, Chemical, and Biological) and Method (Onsite and Offsite/Laboratory)
Market Introduction
The soil fertility testing market in Europe is further segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. In European Union (EU) countries, water erosion that causes a loss of one-meter depth of soil every year is a major concern. The increase in population and urbanization is highlighting the requirement of greater land area for food production. According to a report published by United Nations in 2018, 20% of the earth is not producing food as before. This problem is affecting 5% of European land as well as another 10% of land is under severe stress. Therefore, various regulations and policies have been formed in the EU for soil protection as well as for soil quality improvement. The thermatic Strategy for Soil Protection focuses on key threats to soil in the EU, including erosion, floods and landslides, organic matter loss, salinization, contamination, compaction, sealing, and soil biodiversity loss. The Common Agriculture Policy (CAP), and Environment Impact Assessment Directive are among such regulatory policies. The CAP regulation becomes an important economic driver for farming decisions across EU, alongside protecting the soil health through its implementation by the member states and land manager’s. The CAP framework helps bring improvements in soil quality along with protecting its health. According to CAP, the farmers must comply with good agricultural and environmental conditions (GAECs). The GAEC requirement mandates farmers to use the farm sustainability tools (FaST) for developing their nutrient management plans. The tool includes information such as soil data, soil sample as well as information about the soil and land that can help the farmers to make targeted decisions on nutrient requirements. Thus, all these regulations are encouraging the use of soil fertility testing in Europe, which would allow farmers to gain greater productivity by reducing cost of fertilizers, increasing yield which is necessary for the growing population in Europe as well as providing various informative data to famers about the nutrient requirement for soil. Moreover, the presence of major soil fertility testing market players such as SGS SA, Eurofins Scientific, and AgroLab GMBH is driving the growth of soil fertility testing market in the region.
In Europe, as per the recent data, Russia has recorded the highest number of COVID-19 cases. Other than this, Spain, Germany, France, and the UK have also been hit hard and are expected to suffer an economic hit due to the lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact the market growth in Europe.
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Market Overview and Dynamics
The soil fertility testing market in Europe is expected to grow from US$ 1,737.60 million in 2021 to US$ 2,291.62 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028. Proximal Soilsens Technologies Pvt. Ltd. has developed a technology called Soilsens, which is a low-cost smart soil monitoring device that assist farmers in critical decision-making. Proximal Soilsens was founded to "generate wealth through long-term sustainability," with the goal of developing affordable precision agricultural solutions. Soilsens comprises a soil moisture sensor, a soil temperature sensor, an ambient humidity sensor, and an ambient temperature sensor. A mobile app guides farmers on optimal watering based on information gathered by these sensors, and this information is also made available on the cloud. The technology can help minimize overwatering, which protects crops from several diseases, saves water and electricity, predicts disease development, and so on. Farmers can use their cellphones to turn on irrigation systems (sprinklers, drip systems, and pumps) in the event of irregular electricity, preventing nutrient leakage from the soil. Therefore, such emerging technologies to improve soil fertility would have a positive impact on the soil fertility testing market growth in the coming years.
Key Market Segments
In terms of test type, the chemical segment accounted for the largest share of the Europe soil fertility testing market in 2020. Further In term of method, the offsite/laboratory segment held a larger market share of the soil fertility testing market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the soil fertility testing market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are SGS SA; Eurofins Scientific; ALS; Agrocares; and AGROLAB GmbH among others.
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- To understand the Europe soil fertility testing market landscape and identify market segments that are most likely to guarantee a strong return
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Europe Soil Fertility Testing Market Segmentation
Europe Soil Fertility Testing Market – By Test Type
- Physical
- Chemical
- Biological
Europe Soil Fertility Testing Market – By Method
- Onsite
- Offsite/Laboratory
Europe Soil Fertility Testing Market – By Country
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
Europe Soil Fertility Testing Market – Companies Mentioned
- SGS SA
- Eurofins Scientific
- ALS
- Agrocares
- AGROLAB GmbH
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Soil Fertility Testing Market, by Test Type
1.3.2 Soil Fertility Testing Market, by Method
1.3.3 Europe Soil Fertility Testing Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Europe Soil Fertility Testing – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Europe Soil Fertility Testing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Forcible Government Regulations Pertaining to the Nutrient Content of Crops to Boost Market Growth
5.1.2 Burgeoning Demand to Boost Agricultural Productivity
5.2 Market Restraints
5.2.1 Dearth of Awareness Among Farmers
5.3 Market Opportunities:
5.3.1 Up-raising Outbreak Of Food-Borne Diseases
5.4 Future Trends:
5.4.1 Arising Technologies to Improve Soil Fertility
5.5 Impact Analysis of Drivers and Restraints
6. Europe Soil fertility testing – Market Analysis
6.1 Soil Fertility Testing Market Overview
6.2 Europe Soil Fertility Testing Market –Revenue and Forecast to 2028 (US$ Million)
7.1 Overview
7.2 Europe: Soil Fertility Testing Market, By Test Type
7.3 Physical
8.1 Overview
8.2 Europe: Soil Fertility Testing Market, by Method
8.3 Onsite
8.3.1 Overview
8.4 Offsite/ Laboratory
8.4.1 Overview
8.4.2 Offsite/ Laboratory: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
9. Europe Soil Fertility Testing Market – Country Analysis
9.1 Overview
9.1.1 Europe: Soil Fertility Testing Market, by Key Country
9.1.1.1 Germany: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Soil Fertility Testing Market, by Test Type
9.1.1.1.2 Germany: Soil Fertility Testing Market, by Method
9.1.1.2 France: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Soil Fertility Testing Market, by Test Type
9.1.1.2.2 France: Soil Fertility Testing Market, by Method
9.1.1.3 Italy: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Soil Fertility Testing Market, by Test Type
9.1.1.3.2 Italy: Soil Fertility Testing Market, by Method
9.1.1.4 UK: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Soil Fertility Testing Market, by Test Type
9.1.1.4.2 UK: Soil Fertility Testing Market, by Method
9.1.1.5 Russia: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Soil Fertility Testing Market, by Test Type
9.1.1.5.2 Russia: Soil Fertility Testing Market, by Method
9.1.1.6 Rest of Europe: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Soil Fertility Testing Market, by Test Type
9.1.1.6.2 Rest of Europe: Soil Fertility Testing Market, by Method
10. Europe Soli Fertility Testing Market – Impact of COVID-19
10.1 Overview
11. Industry Landscape
11.1 Product & Service Launch
11.2 Merger & Acquisition
11.3 Expansion
12. Company Profiles
12.1 SGS SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eurofins Scientific
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ALS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Agrocares
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AGROLAB GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Soil Fertility Testing Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 4. France Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 5. France Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 6. Italy Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Italy Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 8. UK Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 9. UK Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 10. Russia Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 11. Russia Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of Europe Soil Fertility Testing Market, by Test Type – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of Europe Soil Fertility Testing Market, by Method – Revenue and Forecast to 2028 (USD Million)
Table 14. Glossary of Terms, Soil Fertility Testing Market
LIST OF FIGURES
Figure 1. Europe Soil Fertility Testing Market Segmentation
Figure 2. Europe Soil Fertility Testing Market Segmentation – By Country
Figure 3. Europe Soil Fertility Testing Market Overview
Figure 4. Chemical Segment Held Largest Share of Europe Soil Fertility Testing Market
Figure 5. Germany Held the Largest Share of Europe Soil Fertility Testing Market
Figure 6. Europe Soil Fertility Testing Market, Industry Landscape
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Soil Fertility Testing Market Impact Analysis of Driver and Restraints
Figure 10. Europe: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe: Soil Fertility Testing Market Revenue Share, by Test Type (2020 and 2028)
Figure 12. Physical: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 13. Chemical: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 14. Biological: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe: Soil Fertility Testing Market Revenue Share, by Method (2020 and 2028)
Figure 16. Onsite: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 17. Offsite/ Laboratory: Soil Fertility Testing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 18. Geographic Overview of Europe Soil Fertility Testing Market
Figure 19. Europe: Soil Fertility Testing Market Revenue Share, by Key Country (2020 and 2028)
Figure 20. Germany: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. France: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Italy: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. UK: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Russia: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Europe: Soil Fertility Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Europe Country Markets
- SGS SA
- Eurofins Scientific
- ALS AGROLAB GmbH
- Agrocares
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