Top 10 Companies in Granulated Lime in Agriculture Market: Growth Trends and Forecast 2025–2031

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Market Overview
Granulated lime, also referred to as agricultural limestone, is a crucial soil amendment used in modern agriculture to maintain optimal pH levels for plant growth. Acidic soils hinder nutrient absorption and root development, reducing crop yields. Granulated lime effectively neutralizes acidity, fostering healthy soil conditions for robust crop production. It is widely preferred due to its easy application, low dust formation, and quick reactivity compared to traditional powdered lime.




Market Size and Forecast
Granulated Lime in Agriculture market was valued at USD 338.36 million in 2023 and is projected to reach USD 454.06 million by 2030, growing at a CAGR of 3.55% from 2024 to 2030.



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Regional Insights
North America is expected to grow from USD 83.64 million in 2023 to USD 109.44 million by 2030, at a CAGR of 3.26%.
Asia-Pacific is projected to expand from USD 168.77 million in 2023 to USD 235.26 million by 2030, with a CAGR of 4.06%.




Top 10 Companies in Granulated Lime in Agriculture Market

Lhoist

OMYA

Yoshizawa Lime Industry

LKAB Minerals

Carmeuse

Graymont

Nordkalk

Pete Lien & Sons

Martin Marietta

USLM (United States Lime & Minerals)

These top companies collectively accounted for approximately 45.50% of global revenue in 2023.




Other Notable Players
Trzuskawica, Kilwaughter Minerals Limited, Ciaries, Greer Lime, Schaefer Kalk, Hokkaido Lime Co., Ltd, Polcalc




Market Segmentation
By Type

Quicklime Granules

Hydrated Lime Granules




By Application

Soil Amendment

Crop Fertilization

Animal Feed

Others




Production by Region

US

Europe




Consumption by Region
North America

US

Canada




Asia-Pacific

China

Japan

South Korea

Southeast Asia

India




Europe

France

Germany

Italy

Spain

Netherlands

Poland

Russia

Rest of Europe




Latin America, Middle East & Africa

Mexico

Brazil

Saudi Arabia

Israel

Rest of LAMEA




Key Market Drivers

Growing Awareness of Soil Health Management
Farmers increasingly use granulated lime to manage acidic soils and enhance nutrient uptake, supporting healthy crop development.
Rising Demand for Sustainable Agriculture
Granulated lime’s natural composition and eco-friendly impact align well with global sustainability goals.
Increasing Food Demand Due to Population Growth
With pressure to boost food production, granulated lime plays a key role in improving crop yields.
Improved Efficiency and Ease of Use
Compared to powdered lime, granulated lime offers better handling, application convenience, and quicker soil reactivity.
Government Support and Incentives
Subsidies and educational programs are driving adoption among farmers seeking to improve soil health and productivity.
Expansion of Precision Agriculture
Precision farming technologies allow targeted lime application, optimizing performance and reducing waste.




Restraints

High Initial Cost
Processing makes granulated lime costlier than traditional lime, limiting use among small-scale farmers.
Limited Awareness in Developing Markets
Farmers in developing regions often rely on traditional methods due to lack of information about advanced soil amendments.
Storage and Transport Challenges
Granulated lime needs controlled storage conditions, which can be difficult in rural or remote locations.
Slow Reactivity in Certain Soils
In compacted or extremely acidic soils, the reaction time of granulated lime may be delayed, affecting crop response.




Opportunities

Emerging Market Adoption
Asia, Africa, and South America offer high growth potential due to vast agricultural land and naturally acidic soils.
Organic Farming Integration
Granulated lime aligns with organic farming practices and certification standards, expanding its market reach.
Product Customization and Innovation
Tailored formulations and nutrient blends are opening new applications across different crops and environments.
Technological Advancements in Application
Integration with GPS-guided spreaders and automated systems enhances adoption in commercial agriculture.
Climate-Resilient Agriculture Solutions
With rising concerns about climate change, granulated lime's role in supporting soil health and water retention is increasingly vital.




Challenges

Competition from Alternative Products
Gypsum, dolomite, and synthetic fertilizers offer alternative soil enhancement, requiring more farmer education on lime benefits.
Weather Dependency
Rainfall and temperature affect the performance of lime products, making timing and planning critical.
Regulatory Compliance
Differing regional standards increase operational complexity for manufacturers and distributors.
Soil Testing Accessibility
Limited access to proper soil analysis in some regions hinders optimal usage and effectiveness of granulated lime.




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