Press release
Europe Compost Market to Surpass USD 52.14 million by 2029
Market DefinitionCompost is a product that is manufactured through the controlled aerobic and biological decomposition of biodegradable materials. Compost is the result of a compost pile. People often opt to make their compost by using pet waste, plant clippings, viable food scraps, and weeds, among others. Compost is economical and environmentally friendly and is a good source of nutrition for vegetables and fruits bearing plants.
The market information covered in the Europe Compost report not only assists businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing and sales strategy more gainfully. This report merges all-inclusive industry analysis with precise evaluations and forecasts which all together brings about absolute research solutions and maximum industry clarity for strategic decision-making.
Data Bridge Market Research analyses that the Europe compost market is expected to reach the value of USD 52.14 million by the year 2029, at a CAGR of 4.4% during the forecast period. "Agriculture" accounts for the most prominent application segment in the respective market owing to the rise in the demand for compost for organic farming. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Market Analysis and Size
Composting is a natural process of recycling organic matter such as leaves and food scraps into a valuable fertilizer that can enrich soil and plants. Anything that grows naturally decomposes eventually. Composting gears up the process by providing an ideal environment for bacteria, fungi, and other decomposing organisms such as worms, sowbugs, and nematodes to do their work. The resulting decomposed matter that looks like fertile garden soil is the final product called compost. It is also fondly referred to by farmers as "black gold." It is rich in nutrients and thus, can be used for gardening, horticulture, and agriculture, among others.
An influential Europe Compost market research report takes into consideration several major factors such as revenue, cost, and gross margin while analysing market data. Various markets at local, regional and international level are thought of in this report. Market research analysis and insights displayed in this report are very thoughtful for the businesses to make enhanced decisions, to build up better strategies about production, marketing, sales and promotion of a particular product. All this helps in extending their reach towards the success. The use of advanced tools and techniques applied for an excellent report makes it the premium in the class. By understanding client's needs precisely, the superior Europe Compost market report merges business and product information for the sustainable growth in the market.
Competitive Landscape and Europe Compost Market Share Analysis
Europe compost market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the Europe compost market.
Some of the major market players engaged in the Europe compost market are COMPO, Compost Direct, Samagro NV, AVFALL SVERIGE, Suståne Natural Fertilizer, Inc., Fertagon, Biodinamika, UAB, Carbon Gold Ltd, Group Solum, Komeco B.V., AGRO POWER DÜNGEMITTEL GMBH, Erdenwerk Gregor Ziegler GmbH, Compost Biogas Association, CZ Biom, RESEAU Compostplus, among others.
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COVID-19 had a Minimal Impact on Europe Compost Market
COVID-19 impacted various manufacturing and service-providing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. The imbalance between demand and supply and its impact on pricing is considered short-term and is expected to recover as this pandemic comes to an end. Due to the outbreak of COVID-19 throughout the globe, the demand for compost has increased tremendously for home gardening as people were finding ways to spend their time indoors. In addition, compost companies introduced new and advanced compost products. Thus, even though the other industries suffered a lot during the COVID-19 outbreak, the compost industry survived.
Recent Development
In December 2021, LaSalle Agri partnered with Lambton College's ITCRC (Information Technology & Communication Research Centre) to implement a cross-platform application that enables different parties such as buyers, sellers, and couriers to collaborate on the sale processes. This collaboration will help to track the movements of company's trucking service geographically.
Europe Compost Market Scope
Europe compost market is segmented based on product type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Yard Trimmings
Food Wastes
Leaves
Manure
Mushroom Compost
Vermicomposting
On the basis of product type, Europe compost market is segmented into yard trimmings, food wastes, leaves, manure, mushroom compost, and vermicomposting.
Application
Agriculture
Home Gardening
Landscaping
Horticulture
Others
On the basis of application, Europe compost market is segmented into agriculture, home gardening, landscaping, horticulture, and others.
Europe Compost Market Regional Analysis/Insights
Europe compost market is analyzed, and market size insights and trends are provided by country, product type and application, as referenced above.
Some of the countries covered in the Europe compost market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Luxembourg and Rest of Europe.
Germany is expected to dominate the Europe compost market because of the increased awareness regarding the side effects of chemical fertilizers and pesticides. Germany is followed by Belgium and is expected to witness significant growth during the forecast period due to the growing demand for compost for home gardening in the region. Belgium is followed by Switzerland and is expected to grow significantly owing to the high demand for organic farming products.
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