“According to the Canadian Food Inspection Agency general labeling requirements for the potting soil are registered under the Fertilizers Act must conform to the labeling requirements for supplement products. Labeling requirements are found in Section 18. Of the Fertilizers Regulations. A label for a potting medium containing a supplement must include the following information such as name and address of the manufacturer of the product, name of the product, weight of the product, directions for use, guaranteed analysis, as prescribed in section 15, including the minimum percentage of the supplement active ingredient, expressed in percent on a weight by weight basis, date beyond which the product is not intended for use, if applicable registration number of the supplement and precautionary statements where applicable.”
The article cited AMA's "Global Potting Soil Market Study" explored CAGR of 5.5%. According to the report, Rising Demand of Potting Soil with Extra Peat Moss
is one of the primary growth factors for the market. Growing Popularity of Indoor Gardening
is also expected to contribute significantly to the Potting Soil market. Overall, Indoor Gardening
applications of Potting Soil, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User , such as Commercial, is boosting the Potting Soil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution channel , such as Online Retail, is boosting the Potting Soil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Potting Soil market identified that the demand is rising in many different parts of the world as "Rising Demand for the Lawn & Landscaping
". Furthermore, some recent industry insights like "In September 2022, FMC India introduced three new products for pest management and soil fertility. These products aim to support Indian farmers in achieving better yields through good quality produce and an improved soil profile." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Potting Soil market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Potting Soil market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Potting Soil market size is calculated using market estimation process, the Potting Soil market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Potting Soil market size has been validated using both top-down and bottom-up approaches.