The demand for quality potting soil is anticipated to increase as indoor gardening and greenhouse usage spread. Demand for premium potting soil is anticipated to increase because to the rising popularity of home gardening and business landscaping for decorative purposes. The number of backyard gardens rose during the COVID 19 outbreak. People had more time and energy to devote to their new pastime of maintaining indoor gardens thanks to the lockdown and the culture of working from home. The premium potting soil market also expanded as a result of expanding lawn and garden care techniques. The demand for premium potting soil in this region is anticipated to increase as home gardening becomes more popular and greenhouse farming expands in the United States and Canada. During the anticipated period, the presence of major industry players like Scotts Miracle Gro, Sun Gro, and others is anticipated to drive the growth of the premium potting soil market. Due to the expanding online sales channel for purchasing premium potting soils, consumers are gravitating towards premium potting soil.
According to Coherent Market Insights, The market for Premium Potting Soils was valued at US$ 1,598.4 million in 2020 and is projected to grow to US$ 1,855.1 million by 2028, at a CAGR of 3.50%.
Leading Companies in the Premium Potting Soils Industry:
1. Scotts Miracle-Gro
The company was founded in 1868 and is located in Ohio, United States. The business produces and markets consumer lawn, garden, and pest management goods as well as soilless indoor gardening tools. AeroGrow International lnc. a manufacturer of hydroponics, was purchased by Scotts in 2020. Scotts purchased the horticulture lighting manufacturer Luxx Lighting Co. in 2022.
2. ASB Greenworld
The firm was started in 1958 and has its main office in Baden-Wurttemberg, Germany. Fertiliser products are made by ASB Greenworld, Inc. Along with print packaging films and cardboard for products requiring packing materials, the company sells potting soils, fertilisers, decorative mulch, and plant care.
3. Sun Gro
The corporation was established in 1929 and has its headquarters in Massachusetts, United States. The business manufactures peat moss and bark-based growth mixtures for usage in North America by commercial growers. Additionally, it distributes vermiculite, perlite, water-soluble fertiliser, and fertiliser. The business declared that it would be purchasing Pelemix Americas Operations in October 2022.
4. FoxFarm
The business was established in 1984 and is based in California, United States. The best potting soil mixtures, fertilisers, and liquid plant feeds are made by FoxFarm. Greenhouse testing is done on the company's formulae to guarantee their quality and consistency.
5. Klasmann-Deilmann
The business was established in 1913 and is located in Germany. The business manufactures goods for the commercial horticulture sector. Organic substrates, potting soil, compost, base and peat products, as well as fertilisers, raw materials, and admixing agents, are among the company's offerings.
6. Vermicrop Organics
The company was started in 2005 and is based in Olivehurst, California. The VermiSoil Potting Soil is made to be a comprehensive growing medium for plants that produce a lot of fruit and flowers. Sphagnum Peat Moss and low salt coco coir provide the diverse fibre content of VermiSoils.
7. Rexius
The firm was founded in 2010 and is based in Oregon,United States. A multigenerational family-owned business, Rexius provides expert barks and soils in addition to complete residential and commercial landscape services. The business provides organic product delivery along with production of conveyed delivery systems, landscape irrigation, maintenance, environmental restoration, and organic erosion control systems.
*Definition: The porous nature of premium potting soil allows for root drainage and aeration while also retaining water and nutrients. High-quality artificial mixtures, which typically include slow-release fertilisers, are found in premium potting soil.
