The vendor landscape of the global limestone for agriculture market
 features a largely fragmented nature owing to the presence of a large
number of regional and global companies, observes Transparency Market
Research in a recent report. Companies keen on strengthening their
positions in the market are focusing on expanding production capacities
in emerging market such as India and China as the rising population is
putting massive pressure on the agriculture sector, which is, in turn,
compelling governments to invest more energy and funds into the
improvement of agricultural production capacity. Focus on inorganic
growth strategies such as acquisitions and mergers has also increased in
 the recent years.

Some of the leading companies operating
in the global limestone market for agriculture are Leiths (Scotland)
Ltd., Minerals Technologies Inc., Nordkalk Corporation, and Sibelco.

According to the report, the market will
exhibit a 6.1% CAGR over the period between 2017 and 2025, rising from a
 valuation of US$321.4 mn in 2016 to a revenue opportunity of US$545.7
mn by 2025.

Powdered Limestone Remains Most Lucrative Product Variety

In terms of product type, the segment of
powdered limestone presently accounts for a dominant share in the
overall market as limestone in powdered form is much easily broken down
and is easily spread on the soil. This, in turn, help initiate the
process of neutralization at a much faster pace. The segment is also
expected to benefit from its low-cost nature as compared to other
varieties.

From a geographical standpoint, the Asia
Pacific market for limestone for the agriculture industry presently
dominates the global market in terms of growth pace and revenue owing to
 the large arable lands and the increased demand for agricultural
produce in the region to sustain the mounting population. The region is
also expected to register the maximum CAGR over the forecast period and
rise to a valuation of US$294.13 mn by 2025.

Rising Awareness Regarding Benefits to Production Capacity of Soil to Help Market Pick Pace

Limestone finds excellent usage in the
agriculture industry owing to its ability of lowering down acidity in
soil, which leads to the improved water penetration for acidic soils.
Agricultural limestone also acts as an additional source of magnesium
and calcium for plants, thus helping improve the growth of plants or
crops. Thus the use of agricultural limestone can bring a significant
boost to the profit potential of farm, while also making fertilizers
much more efficient.

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Other typical benefits of agricultural
limestone include the improved intake of nutrients for plants, taking
toxicities out of the soil, and bringing a good balance between the
biological, physical and chemical properties of the soil. As governments
 across the globe focus on implementing ways of improving agricultural
production capacity, there has been a major rise in awareness programs
across the globe. Increased awareness among farmers regarding the vast
benefits of agricultural limestone is expected to have a significant
positive impact on the overall global uptake of limestone for the
agriculture industry.

This analysis of the global limestone for
 agriculture market is based on a recent market research report by
Transparency Market Research, titled “Limestone Market for
Agriculture (Product – Normal and Granular/Palletized) – Global Industry
 Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025