Soil Testing, Inspection, and Certification Market : Global Industry Analysis, Market Key Trends 2017 - 2027

Future Market Insights’ new report captures the pulse of the global soil testing, inspection, and certification marketand presents an extensive forecast of the global market over a 10 year period from 2017 – 2027. The report ‘Soil Testing, Inspection, and Certification Market: Global Industry Analysis 2012- 2016 and Opportunity Assessment 2017-2027’ is an unbiased and detailed take on the global soil testing, inspection, and certification market and focusses on the various market segments that are tracked across key geographies around the world.

Global Soil Testing, Inspection, and Certification Market Forecast

According to Future Market Insights projections, the global soil testing, inspection, and certification market is estimated to be valued at US$ 3,272.6 Mn in 2017. This is anticipated to increase to US$ 5,319.4 Mn by the end of 2027, witnessing a CAGR of 5.0% during the forecast period.

Global Soil Testing, Inspection, and Certification Market: Growth Factors

Some of the main factors boosting the growth of the global soil testing, inspection, and certification market are:

• A growing threat to the food chain due to soil, air, and water contamination


• Growing consumer preference for organic food


• Increasing degradation of the soil


• Rising focus on environment preservation and security

• The Quality segment is anticipated to dominate the global market with a value share in excess of 45% throughout the forecast period. This segment will witness an accelerated growth during the forecast period

• The pH test segment will witness sustained growth during the period of assessment and record a CAGR of 4.5%

• The Agriculture segment will remain the largest end use segment, projected to reach a market valuation of US$ 1,916.3 Mn by the end of 2027. This segment will register a CAGR of 5.3% in terms of value

• The Residential segment will register a CAGR of 5.2% during the forecast period and hold about 24% market share by the end of 2027. This is a potential growth segment in the global soil testing, inspection, and certification market

• The Testing segment is anticipated to grow at a CAGR of 4.9% over the forecast period. Testing is the largest segment by service, estimated to hold more than 50% market share by the end of the forecast period

• Certification is the second largest segment in terms of market share, anticipated to account for almost 35% value share by the end of 2027. This segment will grow at a CAGR of 5.2%

• Western Europe will remain the largest regional market in terms of revenue followed by Asia Pacific Excluding Japan. While Western Europe is projected to reach a market valuation of about US$ 1,850 Mn by 2027 end, APEJ will be valued at almost US$ 1,493 Mn by the end of the forecast period. Western Europe will register the highest regional CAGR of 5.4%. The Western Europe regional market will witness an increase of 142 basis points in its market share during the forecast period.