Vermicompost Market Research Report 2023: CAGR, Industry Needs, Competition Analysis

Vermicompost is the product of the composting process using various species of worms, usually red wigglers, white worms, and other earthworms, to create a heterogeneous mixture of decomposing vegetable or food waste, bedding materials, and vermicast, also called worm castings, worm humus or worm manure, is the end-product of the breakdown of organic matter by an earthworm. These castings have been shown to contain reduced levels of contaminants and a higher saturation of nutrients than do organic materials before vermicomposting.

Vermicompost, or vermiculture, most often uses two species of worms: Red Wigglers (Eisenia foetida) or Eudrilus eugenae rarely found in soil and are adapted to the special conditions in rotting vegetation, compost and manure piles.

Vermicompost report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Vermicompost market is projected to reach US$ 628.2 million in 2029, increasing from US$ 266 million in 2022, with the CAGR of 14.9% during the period of 2023 to 2029. Demand from Home Gardening and Landscaping are the major drivers for the industry.

North America is the largest market with about 16% market share. Europe and Japan are follower, accounting for about 30% market share.

The key players are MyNOKE, NutriSoil, Davo's Worm Farms, Earthworm, Wormpower, Kahariam Farms, SAOSIS, Sri Gayathri Biotec, Jialiming, Dirt Dynasty, SLO County Worm Farm, Agrilife, Suman Vermi Compost etc. Top 3 companies occupied about 31% market share.

Global Vermicompost Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.

Global Leading Market Research Publisher QYResearch announces the release of the report "Global Vermicompost Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Vermicompost market with multiple angles, which provides sufficient supports to readers' strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.

Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart) :
https://www.qyresearch.com/reports/1207641/vermicompost
Overall, this report will provide you with the insights and information needed to make informed business decisions and stay ahead of the competition.

Global Vermicompost Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.

The Vermicompost market is segmented as below:
By Company
MyNOKE
NutriSoil
Davo's Worm Farms
Earthworm
Wormpower
Kahariam Farms
SAOSIS
Sri Gayathri Biotec
Jialiming
Dirt Dynasty
SLO County Worm Farm
Agrilife
Suman Vermi Compost

Segment by Type
Africa Night Crwlers Vermicomposting
Lumbricus Rebellus Vermicomposting
Others

Segment by Application
Home Gardening
Landscaping
Golf Courses
Horticultural Industry

Each chapter of the report provides detailed information for readers to understand the Vermicompost market further:
Chapter 1: Vermicompost Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers' commercial date of Vermicompost, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Vermicompost industry.
Chapter 3: Vermicompost Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Vermicompost in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Vermicompost Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Vermicompost Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers' Outline, covering company's basic information like headquarter, contact information, major business, Vermicompost introduction, etc. Vermicompost Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch's Conclusions of Vermicompost market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.

Some of the Key Questions Answered in this Report:
What is the Vermicompost market size at the regional and country-level
What are the key drivers, restraints, opportunities, and challenges of the Vermicompost market, and how they are expected to impact the market
What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Vermicompost
Who are the global key manufacturers of the Vermicompost Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
What are the Vermicompost market opportunities and threats faced by the vendors in the global Vermicompost Industry
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application
What focused approach and constraints are holding the Vermicompost market
What are the different sales, marketing, and distribution channels in the global industry
What are the upstream raw materials and of Vermicompost along with the manufacturing process of Vermicompost
What are the key market trends impacting the growth of the Vermicompost market
Economic impact on the Vermicompost industry and development trend of the Vermicompost industry
What are the Vermicompost market opportunities, market risk, and market overview of the Vermicompost market

Authoritative Reference
BBC Corporation of the United Kingdom quoted the data in QYResearch's analysis report on the construction robot market
https://www.bbc.com/news/business-46034469
Japan's NIKKEI quoted QYResearch's report data in the 5G market
https://www.nikkei.com/article/DGXZQOUC1803K0Y3A510C2000000/
Panasonic quoted QYResearch data on its website
https://na.panasonic.com/us/consumer-products
South Korea's Thelec cited QYResearch's battery soft pack film market report
https://www.thelec.kr/news/articleView.html?idxno=15419
Switzerland's MDPI cites QYResearch's Organ-On-Chip Market
https://www.mdpi.com/2306-5354/7/3/112/htm

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