Worldwide Peat-based Soil Market Insights: Industry Size, Growth Analysis and Forecast
Report ID : 1349528 | Published : March 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Peat-based Soil Market is categorized based on Type (Sphagnum Peat, Reed Sedge Peat, Other Types) and Application (Horticulture, Agriculture, Landscaping, Environmental Applications, Others) and Form (Bulk Peat, Peat Pellets, Peat Blocks, Peat Mixes) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Peat-based Soil Market size was USD 1.2 billion and is projected to grow to USD 2.5 billion by 2033, registering a CAGR of 7.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
The market of peat-based soil seems to be an ever changing segment in the agriculture and horticulture sectors owing to the increasing need for efficient and eco-friendly growing mediums. Peat, which is organic material formed due to the accumulation of degraded plant matter in water, has excellent moisture retention, nutrient content, and aeration properties which are valued to this day. As more focus is yielded towards environmental and sustainable practices, the sail towards these sustainable techniques is very much apparent in the evolving soil market.
The increased focus on organic gardening and landscaping in the recent years has invoked great interest in the usage of peat based substrates. These products enhance soil quality and help in the vigorous growth of plants making them a well-suited option for novice gardeners and horticulturists alike. In addition, the market is adapting technologies geared towards enhancing product quality and sustainability of peat based soil. Old-fashioned unpegging and making some renewable peat substitutes is one way restoring the balance. In doing so, however, stakeholders are given the opportunity to market their products through the emerging advocate for environmental care to meet some of the many agricultural needs.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | The Scotts Miracle-Gro Company, Klasmann-Deilmann GmbH, Premier Tech Ltd., Sun Gro Horticulture, Hawkins Group, Bord na Móna, Canadian Sphagnum Peat Moss, Vermicrop, Eco Peat, Green Circle, Sierra Natural Science |
| SEGMENTS COVERED |
By Type - Sphagnum Peat, Reed Sedge Peat, Other Types
By Application - Horticulture, Agriculture, Landscaping, Environmental Applications, Others
By Form - Bulk Peat, Peat Pellets, Peat Blocks, Peat Mixes
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Peat-based Soil Market Dynamics
The Peat-based Soil Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Peat-based Soil Market Segmentations
Market Breakup by Type
- Overview
- Sphagnum Peat
- Reed Sedge Peat
- Other Types
Market Breakup by Application
- Overview
- Horticulture
- Agriculture
- Landscaping
- Environmental Applications
- Others
Market Breakup by Form
- Overview
- Bulk Peat
- Peat Pellets
- Peat Blocks
- Peat Mixes
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Peat-based Soil Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- The Scotts Miracle-Gro Company
- Klasmann-Deilmann GmbH
- Premier Tech Ltd.
- Sun Gro Horticulture
- Hawkins Group
- Bord na Móna
- Canadian Sphagnum Peat Moss
- Vermicrop
- Eco Peat
- Green Circle
- Sierra Natural Science
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