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According to our (Global Info Research) latest study, the global Vermicompost market size was valued at USD 273.7 million in 2023 and is forecast to a readjusted size of USD 695.9 million by 2030 with a CAGR of 14.3% during review period.
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.
The Global Info Research report includes an overview of the development of the Vermicompost industry chain, the market status of Home Gardening (Africa Night Crwlers Vermicomposting, Lumbricus Rebellus Vermicomposting), Landscaping (Africa Night Crwlers Vermicomposting, Lumbricus Rebellus Vermicomposting), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vermicompost.
Regionally, the report analyzes the Vermicompost markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vermicompost market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Vermicompost market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vermicompost industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Africa Night Crwlers Vermicomposting, Lumbricus Rebellus Vermicomposting).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vermicompost market.
Regional Analysis: The report involves examining the Vermicompost market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vermicompost market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Vermicompost:
Company Analysis: Report covers individual Vermicompost manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vermicompost This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Home Gardening, Landscaping).
Technology Analysis: Report covers specific technologies relevant to Vermicompost. It assesses the current state, advancements, and potential future developments in Vermicompost areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vermicompost market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Vermicompost market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Africa Night Crwlers Vermicomposting
- Lumbricus Rebellus Vermicomposting
- Others
Market segment by Application
- Home Gardening
- Landscaping
- Golf Courses
- Horticultural Industry
Major players covered
- 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
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vermicompost product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vermicompost, with price, sales, revenue and global market share of Vermicompost from 2019 to 2024.
Chapter 3, the Vermicompost competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vermicompost breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Vermicompost market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vermicompost.
Chapter 14 and 15, to describe Vermicompost sales channel, distributors, customers, research findings and conclusion.