According to the recent study the compost market is projected to reach an estimated $13 billion by 2030 at a CAGR of 6.5% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for organic products and growing awareness regarding disadvantages of chemical fertilizer and pesticides.
Browse 117 figures/charts
and 100 tables in this 204-page report to understand trends, opportunities and
forecast in compost market by application (agriculture, home gardening,
landscaping, horticulture, construction, and other applications), product type
(yard trimming, food waste, manure, mushroom compost, and vermicomposting), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
the agriculture segment will remain the largest segment to increasing demand
for organic products and increasing consumer awareness towards food quality The
horticulture segment is expected to witness the highest growth over the
forecast period, due to safer, clean, and green food production.
Yard trimming is
expected to remain the largest product type due to its ability to recycle
nutrients back into the soil and to reduce yard waste. Lucintel predicts that
food waste compost is likely to experience the highest growth over the forecast
period due to increasing food wastage around the globe and increasing awareness
of food composting.
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compost market
Asia Pacific is expected
to remain the largest market by value, and it is also expected to witness the
highest growth over the forecast period because of growth in agriculture, home
gardening, landscaping horticulture, and construction industries
Harvest Power, Cocoa
Corporation., Dirt Hugger, Worm Power, MyNoke, Nutrisoil, Davo’s Worm Farm,
Dirt Dynasty, SAOSIS, and Kaharim are the major suppliers in the compost market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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