Granulated lime, also known as simply lime, is a soil amendment used extensively in agriculture to adjust and balance the pH level of soils. It is primarily composed of calcium carbonate (CaCO₃), though it can also contain magnesium carbonate (MgCO₃) and other materials, depending on its source. Soils tend to become acidic over time due to factors such as heavy use of certain fertilizers, rainfall, and plant decomposition. An acidic soil (with a pH below 7) can limit crop growth because many essential plant nutrients become less available in these conditions. Lime works by neutralizing soil acidity, thereby raising the pH level closer to neutral (pH 7), which is optimal for many crops.
Granulated lime is specifically processed into small, granular particles, making it easier to spread evenly across fields compared to traditional powdered or chunky limestone products. This form improves handling efficiency and allows for better integration into the soil with reduced dust during application.
According to the new market research report "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Granulated Lime in Agriculture market size is projected to reach USD 454 million by 2030, at a CAGR of 3.55% during the forecast period.
- Global Granulated Lime in Agriculture MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Granulated Lime in Agriculture Top17Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Granulated Lime in Agriculture include Lhoist, OMYA, Yoshizawa Lime Industry, LKAB Minerals, Carmeuse, Graymont, Nordkalk, Pete Lien & Sons, Martin Marietta, USLM, etc. In 2023, the global top 10 players had a share approximately 69.0% in terms of revenue.
- Granulated Lime in Agriculture,Global Market Size, Split by Product Segment
Source: QYResearch, "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, currently Quicklime Granules is the largest segment, hold a share of 71.3%. Quicklime granules, have several applications in agriculture due to their unique chemical properties. When quicklime comes into contact with water, it undergoes a chemical reaction to form calcium hydroxide (slaked lime), which is alkaline and can affect soil pH levels and nutrient availability. Calcium improves soil structure, enhances water penetration, and promotes stronger cell walls in plants.
- Granulated Lime in Agriculture,Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, currently Soil Amendment is the largest segment, hold a share of 57.3%. Granulated lime, also known as pelletized lime or agricultural lime, is a soil amendment used to adjust and improve the pH level of acidic soils. It primarily consists of calcium carbonate (CaCO₃), though other forms like dolomitic lime (which contains magnesium) are also used depending on the soil's specific needs. Granulated lime serves as a valuable tool for farmers and gardeners to correct soil acidity, enhance nutrient availability, and promote healthier soil conditions conducive to plant growth.
- Granulated Lime in Agriculture,Global Market Size, Split by Region (Production)
Source: QYResearch, "Granulated Lime in Agriculture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Trend:
Precision Agriculture:
With the adoption of precision farming techniques, there's a trend towards more accurate and efficient application of granulated lime. Farmers use soil testing and GPS-guided spreaders to apply lime only where needed, reducing waste and maximizing effectiveness.
Organic Farming Boom:
The rise of organic farming has led to a preference for natural soil amendments like granulated lime over synthetic alternatives. Organic-certified granulated lime products are gaining traction as they align with the principles of organic agriculture.
Soil Health:
Farmers are increasingly recognizing the importance of maintaining optimal soil pH levels for better crop yields. Granulated lime, being an effective soil conditioner that neutralizes acidity, is witnessing heightened demand as part of comprehensive soil management strategies.
Environmental Sustainability:
There is a growing emphasis on environmentally friendly farming practices. Granulated lime, being a natural product, fits well into these practices, especially when produced through eco-friendly manufacturing processes and sourced locally to reduce carbon footprint.
About The Authors
Jiashi Dong
Lead Author
Email: dongjiashi@qyresearch.com
QYResearch Nanning Branch Analyst, as a member of the QYResearch Semiconductor Equipment and Materials Department, his main research areas include automotive electronics, semiconductor equipment, materials and thermally conductive powders. Some subdivided research topics include automotive diodes, automotive inductors, automotive lidar, radio frequency power supplies, plastic sealing machines, high-purity non-ferrous metals, battery materials, precursors, electroplating equipment, thermal conductive ball aluminum, semiconductor chemical plating solutions, semiconductor coating devices, etc. At the same time, he is also engaged in the development of market segment reports and participates in the writing of customized projects.
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