Increasing requirement to reduce CO2 storage in soil is the major trend of the market:
The requirement to protect remaining lands in a cost effective way by reducing carbon dioxide storage in soil is one of the key trends for the global land restoration market growth. The major factors responsible for degradation of agricultural lands are population pressure, erosion, drainage or other processes that curtail productivity. However, land restoration helps to reduce carbon storage within the soil by enabling revegetation and improving fertility of soil, owing to these reasons, land restoration can help in supporting the economic growth by protecting use of natural and agricultural land.
Land Restoration Taxonomy:
On the basis of services, the global land restoration market is segmented into:
Land Restoration Regional Insights:
On the basis of geography, the global market for land restoration is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Land restoration market in Asia Pacific region is projected to witness faster growth over the forecast period due to forest restoration that includes protecting land and tree plantation. According to the Food and Agriculture Organization, the government introduced restoration programmes for planting 12 billion trees in an area of 4.25 million hectare. Forest restoration in this region increased from 35.6% in 2000 to 47.6% in 2015. China forest cover restoration increased from 8.6% in 1949 to 22.1% in 2015, which further increased its forest area by over 120 million hectare. Moreover, the presence of vast agricultural land in Asia Pacific region is increasing the demand for land restoration. This factors will significantly contribute in growth of land restoration market over the forecast period.
Land Restoration Competitive Background:
Land Restoration Market Report Snapshots
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