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Compost Market Report 2023: Industry Trends, Fastest Growth, Opportunities Analysis And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Compost market report by The Business Research Company, The increasing demand for organic farm products is propelling the growth of the compost market. Organic farm products are grown without synthetic insecticides, growth hormones, antibiotics, chemical fertilizers, and synthetic pesticides. The demand for organic food increased during the COVID-19 epidemic as people are more inclined toward the consumption of foods that are healthier and better for immunity. Moreover, organic products are regarded as being of a high caliber and as being safer for the environment and human health. Organic farming widely utilizes compost to increase the fertility of the soil.
The global compost market size grew from $6.82 billion in 2022 to $7.4 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The compost market size is expected to grow to $9.51 billion in 2027 at a CAGR of 6.5%.
Read More On The Compost Market Report Here:
https://www.thebusinessresearchcompany.com/report/compost-global-market-report
Major competitors in the Compost market include MyNOKE, NutriSoil, Davo's Worm Farms, Suman Vermi Compost, Wormpower, Kahariam Farms, SAOSIS, Sri Gayathri Biotec, Agrilife, Dirt Dynasty, SLO County Worm Farm, Pacific AG, Dirt Hugger, and Harvest Power.
The Compost market is segmented -
1) By Product Type: Yard Trimming, Food Waste, Manure, Mushroom Compost, Vermicomposting
2) By Application: Agriculture, Home Gardening, Landscaping, Horticulture, Construction, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Compost market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=7214&type=smp
The compost refers to a mixture that is used for fertilizing, enhancing soil structure, offering a variety of nutrients to plants, and increasing the number of helpful bacteria in the soil. Compost can be manufactured artificially by creating ideal environment for composting by regulating the aerobic, biological breakdown of biodegradable materials.
The Table Of Content For The Compost Market Include:
1. Executive Summary
2. Compost Market Characteristics
3. Compost Market Trends And Strategies
4. Compost Market - Macro Economic Scenario
5. Compost Market Size And Growth
.....
26. Africa Compost Market
27. Compost Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Compost Market
29. Compost Market Future Outlook and Potential Analysis
30. Appendix
The "Global Compost Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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Market Definition
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