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Vermicompost Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

01-25-2024 11:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Vermicompost Market Size
The global Vermicompost market was valued at US$ 266 million in 2023 and is anticipated to reach US$ 628.2 million by 2030, witnessing a CAGR of 14.9% during the forecast period 2024-2030.

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Vermicompost Market
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.
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.
This report aims to provide a comprehensive presentation of the global market for Vermicompost, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vermicompost.
Report Scope
The Vermicompost market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vermicompost market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vermicompost manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Africa Night Crwlers Vermicomposting
• Lumbricus Rebellus Vermicomposting
• Others

Segment by Application
• Home Gardening
• Landscaping
• Golf Courses
• Horticultural Industry

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

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https://reports.valuates.com/market-reports/QYRE-Auto-12H588/global-vermicompost

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