Press release
Earthworm farming market to Exhibit a Remarkable CAGR of 13.70% Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the earthworm farming market will project a compound annual growth rate (CAGR) of 13.70% during the forecast period of 2021-2028.Market Overview:
Earthworms are the tubular shaped worms that are commonly present in the soil. From the name itself, it is clear that earthworm farming is farming or agricultural practice wherein earthworms play a crucial role. Earthworms are the organisms that can break the wastes into composts which in turn can be used as manures for the crops.
In other words, earthworms are the organisms that feed on the decay and break them down into simpler components in the form of castings. These castings in turn can be used for a wide variety of agricultural operations. Earthworm farming is not a modern agricultural practice however; it is still being relied upon today because of its feasibility. Earthworms are harvested for a wide variety of agricultural applications.
Explore Further Details about This Research earthworm farming Market Report
https://www.databridgemarketresearch.com/reports/global-earthworm-farming-market
Global Earthworm Farming Market Scope and Market Size
The global earthworm farming market is segmented on the basis of type of species and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on the type of species, the earthworm farming market is segmented into eiseniafoetida, perionyx excavates, lumbricusterrestris, eiseniahortensis, aporrectodeacalignosa and eudriluseugeniae.
On the basis of application, the earthworm farming market is segmented into fishing bait, agriculture, animal and fish feed, fowl feed, vermicomposting and others.
Earthworm Farming Market Country Level Analysis
The global earthworm farming market is analyses and market size, volume information is provided by country by type of species and application as referenced above.
The countries covered in the earthworm farming market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific region dominates the earthworm farming market and will continue to flourish its trend of dominance during the forecast period. This is because of the increased adoption of organic farming practices. Increasing initiatives by the government to promote organic farming will further bolster the market growth rate.
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