How Much Money Can Be Made In The Dirt Industry
Kevin McLaughlin
Hey, hey, hey! How’s it going, folks? Today, we’re gonna chat about something that’s essential, profitable, and surprisingly interesting – the dirt industry. Yes, you heard that right. The soil and earth industry is a major player in agriculture, construction, and landscaping. So, let’s dig into how much money you can make in this dirt-filled world.
To start with, let’s talk about soil as a commodity. Soil is valuable, my friends, and not just for growing crops or building a sturdy foundation. The global soil market is predicted to reach a whopping $20.9 billion by 2025. And in the US alone, the soil and compost industry generated a cool $2.3 billion in 2019, with a steady growth rate of 2.9%. With an increasing demand for organic farming and green infrastructure projects, the market is expected to keep on growing.
Moving on, we have dirt hauling and excavation. I mean, who doesn’t love moving dirt around, am I right? In all seriousness, dirt hauling and excavation are crucial services for the construction and landscaping industries. And the demand for these services is on the rise. The excavation contracting industry in the US generated $47 billion in revenue in 2020 and is projected to grow at a rate of 3.7% in the next five years. That’s a lot of dirt!
Then, we have landscaping and gardening. Now, who doesn’t love a beautiful garden? But to create and maintain that stunning landscape, you need quality soil and compost. The demand for sustainable landscaping and gardening practices has been on the rise due to the growing awareness of environmental conservation. The landscaping services industry in the US generated a massive $99 billion in revenue in 2020, with a growth rate of 2.8%. And with the increasing demand for sustainable landscaping practices, this industry is expected to keep on growing.
Last but not least, we have agricultural soil testing and consulting services. These services are vital for improving crop yields and maintaining soil health. The recommendations provided by these services can improve crop yields and reduce input costs, making them essential for the agriculture industry. The global agricultural testing market is expected to reach $7.8 billion by 2027, with a CAGR of 6.4%.
In conclusion, the dirt industry is one lucrative sector that has numerous opportunities for entrepreneurs and investors. From the soil and compost market to dirt hauling and excavation, landscaping and gardening, and agricultural soil testing and consulting, there’s something for everyone. And with the growing demand for sustainable and eco-friendly practices, the dirt industry is expected to keep on growing. So, get your hands dirty and invest in this essential industry!