The global market for plant growing media, which includes materials used to support plant growth such as soil substitutes and additives, was valued at approximately $4.7 billion in 2024. Analysts project that this market will expand to nearly $5.7 billion by 2031. This growth represents an average annual increase of about 2.7% between 2025 and 2031.
Factors driving this steady growth include rising demand for efficient and sustainable agricultural practices, urban gardening, and increased focus on horticulture. The market’s expansion reflects ongoing trends in improving plant cultivation methods and adapting to changing environmental conditions.
Why this matters:
Understanding the growth of the plant growing media market highlights the importance of innovations in agriculture and gardening. As the global population grows and urban areas expand, effective plant cultivation supports food security and green spaces, making this market’s development relevant to both industry and consumers.
Source: NewsData