Soil Fertility Testing Market Trends

• Growing Adoption of Precision Farming: The adoption of precision farming has been observed in many developed countries. When fertilizer is administered to correspond with requirements identified through soil tests, precision farming offers to increase fertilizer use efficiency. By using soil test results from specific areas in the field, precision agriculture technology attempts to make it possible to administer nutrients and other inputs for crop production at those locations with pinpoint accuracy. Hence, with the growing precision farming the soil fertility testing market is also set to rise.
• Rising Customer Preference for Quality Food: Fresh organic vegetables are in high demand, among customers. This is since, customers are aware of issues related to their health, the environment, the dangers of pesticides, nutrition, and safe food. As a result, of the growing demand for organic food the use of soil fertility testing is growing.
• Surge in Prevalence of Crop Disease: According to the Food and Agriculture Organization (FAO), pests cause up to 40% of the globe's crop yield to be destroyed each year. Over USD 220 billion is lost annually to plant diseases and at least USD 70 billion to invasive insects in the global economy. Most of the time the plant is affected by soil-borne disease. For some plant illnesses, the soil may serve as a reservoir where the disease-causing organisms dwell until the ideal conditions are present for their emergence. Therefore, with the utilization of soil fertility testing the health of the plant could be maintained.

Challenges

• Lack of Experts in this Field - The absence of trained and experienced soil inspectors worldwide is one possible obstacle for the soil fertility testing market. When compared to the number of tests required to be performed, there are not many soil evaluators and system inspectors. Data inspection can occasionally be inaccurate due to a shortage of qualified inspectors, which can also result in incorrect interpretation of the data. These inspectors or assessors are also out of touch with modern technology, thereby decreasing the precision of the entire procedure.
• High Cost of Testing
• Lack of Knowledge Among People Related to Soil Fertility Testing