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Compost Market Analysis: $13.03 Billion by 2029 With a CAGR of 10.3%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.Compost Market Value Projection: How Much Will the Market Size by 2025?
In the past few years, the size of the compost market has experienced a significant increase. The growth projection is from $8.15 billion in 2024 to $8.79 billion in 2025, at a compound annual growth rate (CAGR) of 7.8%. The marked growth during the historic period is due to factors like the implementation of home composting, the expansion of commercial composting facilities, the implementation of food waste reduction programs, usage of compost in the agricultural sector, and the integration of compost in urban planning.
What Will Be the Market Growth Forecat for Compost in 2029?
Expectations are high for the compost market size to experience accelerated expansion in the coming years. The market is predicted to elevate to $13.03 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 10.3%. The expected growth in the forecast period is linked to circular economy practices, efforts to curb climate change, soil health consciousness, corporate sustainability measures, and the widening horticulture industry. Key trends in the forecast period are likely to include developments in compostable packaging, the transition from waste to energy, legislation regarding organic waste, green infrastructure projects, and cooperative efforts in research and innovation.
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What Are the Core Competitive Drivers in the Compost Industry?
The compost market's expansion is fueled by the surging need for organic farm products. These products are cultivated without the use of synthetic insecticides, growth hormones, antibiotics, chemical fertilizers, and synthetic pesticides. The consumption of organic food surged during the COVID-19 pandemic as individuals become more focused on consuming food that is healthy and beneficial for the immune system. Furthermore, organic products are viewed to be of high quality, safer for the environment, and beneficial to human health. Organic agriculture employs compost extensively to enhance soil fertility. For example, a report by IFOAM - Organics International, a Germany-founded organization, and FiBL, a Switzerland-established research institute, in February 2024 revealed that the worldwide area for organic farming expanded by over 20 million hectares, achieving 96 million hectares in 2022, with more than 4.5 million organic producers and organic food sales nearing 135 billion euros. Consequently, the heightened demand for organic farm products is anticipated to promote the need for compost in the upcoming years.
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Which Compost Market Segment Is Projected to See the Fastest Growth?
The compost market covered in this report 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
Subsegments:
1) By Yard Trimming: Grass Clippings, Leaves, Small Branches and Twigs
2) By Food Waste: Fruit and Vegetable Ss, Cooked Food Waste, Eggshells
3) By Manure: Dairy Manure, Poultry Manure, Horse Manure
4) By Mushroom Compost: Spent Mushroom Substrate, Organic Mushroom Compost Mixes
5) By Vermicomposting: Worm Castings, Vermicompost Mixes
Which Trends Are Opening New Opportunities in the Compost Market?
The trend of forming strategic alliances is becoming increasingly prevalent in the compost industry. Various companies and organizations are collaborating with compost production corporations and facilities to enhance the use of domestic and agricultural waste. To exemplify, the City of Boston declared a collaboration with Garbage to Garden, an American waste management firm, and Save That Stuff Inc., an American resource management firm, in May 2022. They will initiate a house-to-house food waste collection project. These food remains will be managed and converted into compost at the Save that Stuff location, while the facility's food waste will be processed into slurry at the CORe facility. This will lead to the production of biogas and renewable energy. These collaborations support Boston's Zero Waste Plan.
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Who Are the Leaders in the Compost Market?
Major companies operating in the compost market include MEC Recycling Corporation, Davo's Worm Farms, Veolia Environnement S.A., NutriSoil, Sri athri Biotec, Charlie's Compost, Attero, WormUp LLC, Tadweer - Abu Dhabi Waste Management Center, Dirt Dynasty LLC, McGill Environmental Systems, Kahariam Farms, Mobius Environmental Solutions Inc., WeCare Organics Inc., Michigan Peat Company Inc., Compost Crew, Wormpower, Biophilica LTD, Solum Gruppen AB, Harvest Quest, Primitive Labs Inc., UNCO Industries Inc., Suman Vermi Compost, San Luis Obispo County Worm Farm LLC, Circulus Agtech Corporation
Which Regional Compost Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the compost market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compost market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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