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Peat Industry Growth Drivers | Agriculture, Biomass Energy & Carbon Management Focus
Peat Industry
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The Peat market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Recent News & Market Trends
2025 sees a significant peat shortage due to unfavorable weather in key production regions, especially the Baltic States, cutting harvest volumes to 30-55% of normal levels and heightening supply constraints.
Demand for peat and related substrates remains strong, particularly from China and large horticultural markets, creating supply challenges through 2026.
The industry is responding by expanding peat alternatives such as coir, wood fiber, and biochar-based growing media, alongside promoting sustainable peat harvest practices and certification under programs like Veriflora®.
The NeoTerra soil conditioner line by Neova, launched in 2025, uses high-quality peat blended with carbon-rich biochar, offering improved soil health and sustainability benefits.
Forecast Growth Projected:
The Global Peat Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Peat Market:
Peat Ltd, Neova AB, Elva E.P.T. Ltd., Globalcoirs, Allwin Coir, Dynamic International, JIT Holdings, Hortgrow, and Benlion Coir
Segment Covered in the Peat Market:
By Type: (Sod Peat, Coco Peat, Other)
By Material Type: (Fibric, Sapric, Hemic, Others)
By Application: (Energy and Fuel, Agriculture, Horticulture, Medicine, Power Generation, Others)
Regional Analysis:
The global Peat Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Peat Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Peat Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Peat manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Peat in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Product Launches
Neova's NeoTerra AquafixTM and NeoTerra Organic-C, launched commercially in 2025, have gained positive customer feedback for promoting root growth and soil amendment benefits across multiple countries.
Growing launches focus on peat-free or reduced peat blends to address environmental and regulatory challenges, especially within professional horticulture and nursery substrates.
Several companies are also developing compressed and easy-to-spread peat products that enhance organic matter delivery while minimizing ecological footprint.
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