Earthworm Farming Market – Factors Will Contribute To The Industry Growth In The Coming Years

Earthworms can consume nearly any type of organic matter and can feed up to half of their body weight in a day under ideal conditions. The ease of availability of raw material provides a major advantage for new entrants in the industry. A large variety of organic products can be used as worm food such as animal manure, bio-degradable kitchen wastes, food leftovers, spoiled grains, dead plants & leaves, seaweeds and others. Furthermore, low operation cost of earthworm farming is predicted to create lucrative opportunity for market players to expand their presence, especially in emerging economies.

Apply Promo Code “CMIFIRST1000” And Get Instant Discount Of USD 1000

Request For Sample Copy of this Report :

Earthworm is a type of worm which is tubular in shape and is commonly found in soil. They feed on decaying organic matter and break it down to simpler components in the form of castings which can be used as fertilizer for crops. Earthworm farming involves harvesting of worms which are later used for other applications such as vermicomposting, fishing bait and others. Since ancient times, earthworms are being used on farms to increase crop production. Additionally, earthworms are used in fishing and cattle industry as feed as they are rich source of proteins.

Farmers prefer using composts, produced by earthworms, over synthetically manufactured fertilizers as they don’t cause soil pollution and are eco-friendly solutions for increasing crop yield. Moreover, they also improve the drainage and air intake of the soil, as a result of which soil productivity increases. These factors are expected to fuel the demand for earthworms in the agriculture industry over the next few years.

Earthworm farming market has witnessed a rise in demand for earthworms for the aquaculture industry in the recent years. Earthworms are a rich source of protein and thus provide an economical solution for maintaining fish growth and health. Furthermore, they are also commonly used in recreational fishing activities as bait for fishes. According to the National Survey of Fishing, Hunting, and Wildlife-Associated Recreation, in U.S., 39.6 million U.S. residents went for recreational fishing in 2016, which has fueled demand for earthworms in the North America region.

Market Taxonomy

On the basis of type, the global earthworm farming market is segmented into:

Eisenia Foetida
Lumbricus Terrestris.
Eisenia Hortensis
Aporrectodea Calignosa
Eudrilus Eugeniae

On the basis of application, the global earthworm farming market is segmented into:

Fishing bait
Agriculture
Animal & Fish feed

Apply Promo Code “CMIFIRST1000” And Get Instant Discount Of USD 1000

Get Your Copy at a Discounted Rate!!! Limited Time Offer!!! : https://www.coherentmarketinsights.com/insight/buy-now/3356

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

This release was published on openPR.