Europe Compost Market Will Reach USD 52.14 million by 2029| COMPO, Compost Direct, SAMAGRO NV

Market Definition

Compost 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.

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.

Growing awareness for soil health management and increasing demand for home gardening are expected to boost compost demand in the market. The major restraint which may impact the Europe compost market is the availability of substitutes.

The Market Dynamics of the Europe Compost Market Include:

Drivers/Opportunities in the Europe Compost Market

Rising demand for effective waste management solutions

The world is facing a climate emergency that requires every person to contribute to controlling the activities responsible for the ongoing destruction of nature. One of the biggest concerns humans face is waste management as the waste increases in folds due to the modern lifestyle. Individuals' purchasing and consumption power have increased, resulting in increased global waste.

Growing awareness for soil health management

The foundation for productive and sustainable agriculture is healthy soil. One has to reduce erosion, maximize water infiltration, and improve the nutrient cycle to maintain soil health. Thus, eventually, it helps to save money on inputs and ultimately improve the resiliency of soil.

Increasing demand for home gardening

The COVID-19 pandemic has changed the way people live. Pandemic had severe impacts on people's health and well-being, causing stress, reduced physical activity, and loneliness due to lockdown in many countries across the globe. In this pandemic situation, people had to find ways to replace their food with fresh food as people were stocking food and hence were unable to eat fresh food, especially due to scarcity in some regions due to lockdowns and a restricted supply of goods. Some people did home food gardening, while others just wanted gardening to reduce boredom.

Innovation in agriculture on a global level

Agriculture is the source of living beings' food supply. The most important aspect is that it's the world's food supply source. No matter where or what people are eating, the ingredients in their meals come from somewhere else. Eventually, all roads lead to agriculture. Agriculture plays a crucial role in the life of the world economy. It is the backbone of the world's economic system. Agriculture provides food and raw material and employment opportunities to a very large proportion of the world's population.

Restraints/Challenges faced by the Europe Compost Market

Availability of substitutes

Composting is one of the most effective ways to reduce waste and provide nutrients to plants. Though traditional composting is such a great way to reduce environmental impact, it is not always practical for everyone. If someone runs out of compost for their garden or their compost pile is still maturing, then some alternatives can be used to overcome this problem.

Supply chain constraints due to outbreak of COVID-19

Global supply chains were finally recovering from two years of upheaval caused by the coronavirus pandemic when the Ukraine crisis hit. The further disruption in the supply chain is caused by Russia's invasion of Ukraine, which caused many companies to rethink their suppliers in this heated moment. The global supply chain was hit again by the war even before recovering from the pandemic outbreak. This war is causing supply chain disruptions in Europe and across the globe. The side effects of this war can be seen as oil and gas prices are soaring high and economic crises are about to hit the world.

Research Methodology: Europe Compost Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Expert Analysis, Import/Export Analysis, Pricing Analysis, Production Consumption Analysis, Climate Chain Scenario, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Europe versus Regional and Vendor Share Analysis. To know more about the research methodology, drop an inquiry to speak to our industry experts.

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.

View Full Report Here: https://www.databridgemarketresearch.com/reports/europe-compost-market

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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