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North America 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)

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    Report

  • 83 Pages
  • August 2021
  • Region: North America
  • The Insight Partners
  • ID: 5416390
Chemical Segment to dominate North America Soil Fertility Testing Market during 2020-2028

According to a new market research study on “North America Soil Fertility Testing Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Test Type and Method,” is expected to reach US$ 1,508.11 million by 2028 from US$ 1,122.08 million in 2021. The market is estimated to grow at a CAGR of4.3% from 2021 to 2028. The report provides trends prevailing in the North America soil fertility testing market along with the drivers and restraints pertaining to the market growth. Strict government regulations pertaining to the nutrient content of crops to boost market growth, raising demand to boost agricultural productivity, and growing outbreak of food-borne diseases are the major factor driving the growth of the North America soil fertility testing market. However, lack of awareness among farmers hinder the growth of North America soil fertility testing market.

The US has the highest number of confirmed cases of COVID-19, as compared to Mexico and Canada. This is likely to impact the agriculture industry in the region as, due to COVID-19, overall production processes, research and development activities, and supply chain are likely to get affected. However, with the industry's revival, governments are resuming operations while taking safeguards that come at the expense of debt and budgetary imbalance. For instance, the US federal government has taken steps to implement the COVID-19 Food Assistance Program, with the goal of giving US$ 16 billion in direct payments to farmers, which will indirectly boost the demand for soil fertility testing as this testing will help farmers to grow nutrient rich crops.

The soil fertility testing market is segmented based on test type, method and country. Based on test type, the market is segmented into physical, chemical and biological. In 2020, the chemical segment held the largest share in the market and the same segment is expected to be the fastest growing during the forecast period. Based on method the market is segmented into onsite and offsite/laboratory. In 2020, the offsite/laboratory segment held the largest market share and it is also expected to the fastest growing segment over the forecast period. Similarly, Based on country the market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest share in the market and it is also expected to be the fastest growing during the forecast period.

SGS SA; Eurofins Scientific; ALS; Water Agricultural Laboratories, Inc.; A&L Great Lakes; Agrocares; Water Agricultural Laboratories, Inc.; and Activation Laboratories Ltd. are among the leading companies in the North America soil fertility testing market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Eurofins Scientific acquired Taiyo Techno Research which specializes in asbestos testing and provides a wide portfolio of environment testing assays including asbestos, soil, water and air testing and related consulting services. This acquisition allows the Eurofins Group to enter new markets

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America soil fertility testing market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America soil fertility testing market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the soil fertility testing market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Study Scope
1.2 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 North America 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. North America Soil Fertility Testing - Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. North America Soil Fertility Testing Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Strict Government Regulations Pertaining to the Nutrient Content of Crops to Boost Market Growth
5.1.2 Raising Demand to Boost Agricultural Productivity
5.2 Market Restraints
5.2.1 Lack of Awareness Among Farmers
5.3 Market Opportunities
5.3.1 Growing Outbreak Of Food-Borne Diseases
5.4 Future Trends
5.4.1 Emergence of Technologies to Improve Soil Fertility
5.5 Impact Analysis of Drivers and Restraints
6. North America Soil fertility testing - Market Analysis
6.1 Soil Fertility Testing Market Overview
6.2 North America Soil Fertility Testing Market -Revenue and Forecast To 2028 (US$ Million)
7. North America Soil Fertility Testing Market Analysis - by Test Type
7.1 Overview
7.2 North America: Soil Fertility Testing Market, By Test Type
7.3 Physical
8.1 Overview
8.2 North America: 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. North America Soil Fertility Testing Market - Country Analysis
9.1 Overview
9.1.1 North America: Soil Fertility Testing Market, by Key Country
9.1.1.1 US: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Soil Fertility Testing Market, by Test Type
9.1.1.1.2 US: Soil Fertility Testing Market, by Method
9.1.1.2 Canada: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Soil Fertility Testing Market, by Test Type
9.1.1.2.2 Canada: Soil Fertility Testing Market, by Method
9.1.1.3 Mexico: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Soil Fertility Testing Market, by Test Type
9.1.1.3.2 Mexico: Soil Fertility Testing Market, by Method
10. North America Soil Fertility Testing Market - Impact of COVID-19
10.1 Impact Assessment of COVID-19 Pandemic on North America
11. Industry Landscape
11.1 Product & Service Launch
11.2 Merger & Acquisition
11.3 Partnership
11.4 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 Water Agricultural Laboratories, Inc.
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
12.6 Activation Laboratories Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 A&L Great Lakes
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms
List of Tables
Table 1. North America Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. US Soil Fertility Testing Market, by Test Type - Revenue and Forecast to 2028 (USD Million)
Table 3. US Soil Fertility Testing Market, by Method - Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Soil Fertility Testing Market, by Test Type - Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Soil Fertility Testing Market, by Method - Revenue and Forecast to 2028 (USD Million)
Table 6. Mexico Soil Fertility Testing Market, by Test Type - Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Soil Fertility Testing Market, by Method
Table 8. Glossary of Terms, Soil Fertility Testing Market
List of Figures
Figure 1. North America Soil Fertility Testing Market Segmentation
Figure 2. North America Soil Fertility Testing Market Segmentation - By Country
Figure 3. North America Soil Fertility Testing Market Overview
Figure 4. Chemical Segment Held Largest Share of North America Soil Fertility Testing Market
Figure 5. US Held Largest Share of North America Soil Fertility Testing Market
Figure 6. North America Soil Fertility Testing Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Soil Fertility Testing Market Impact Analysis of Driver and Restraints
Figure 10. North America: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America: 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. North America: 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 North America Soil Fertility Testing Market
Figure 19. North America: Soil Fertility Testing Market Revenue Share, by Key Country (2020 and 2028)
Figure 20. US: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Canada: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Mexico: Soil Fertility Testing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Impact of COVID-19 Pandemic in North American Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • SGS SA
  • Eurofins Scientific
  • ALS
  • Agrocares
  • A&L Great Lakes
  • Water Agricultural Laboratories, Inc.
  • Activation Laboratories Ltd.

Table Information