Vermicompost Market Report: Trends, Forecast and Competitive Analysis to 2030

Vermicompost Trends and Forecast

The future of the global vermicompost market looks promising with opportunities in the home gardening, horticulture, golf courses, and landscaping markets. The global vermicompost market is expected to reach an estimated $0.15 billion by 2030 with a CAGR of 14.8 from 2024 to 2030. The major drivers for this market are enhanced soil aeration, increased water retention capacity and improved nutrient cycling, and enriched soil with microorganisms fostering plant root growth and structure, leading to enhanced germination.

A more than 150-page report is developed to help in your business decisions.

Vermicompost by Segment

The study includes a forecast for the global vermicompost by type, application, and region.

Vermicompost Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Lumbricus Rebellus
• Africa Night Crawlers
• Others

Vermicompost Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Home Gardening
• Horticulture
• Golf Courses
• Landscaping
• Others

Vermicompost Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Vermicompost Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vermicompost companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vermicompost companies profiled in this report include-

• MyNOKE
• Suman Vermi Compost
• Agrilife
• VermiCo
• Davo's Worm Farms
• Saosis Biotech
• Worm Power
• Dirt Dynasty
• Black Diamond VermiCompost
• Kahariam Farms

Vermicompost Market Insights

Lucintel forecasts that lumbricus rebellus will remain the largest segment over the forecast period due to increasing awareness about the detrimental impacts of synthetic fertilizers.

Within this market, horticulture is expected to witness the highest growth due to seedling growth and productivity across various crops.

APAC will remain the largest region over the forecast period due to increasing interest in organic fertilizers observed in countries like India, China, Australia, Vietnam, and Thailand.

Features of the Global Vermicompost Market

Market Size Estimates: Vermicompost market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Vermicompost market size by type, application, and region in terms of value ($B).

Regional Analysis: Vermicompost market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the vermicompost market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vermicompost market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the vermicompost market size?

Answer: The global vermicompost market is expected to reach an estimated $0.15 billion by 2030.

Q2. What is the growth forecast for vermicompost market?

Answer: The global vermicompost market is expected to grow with a CAGR of 14.8 from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the vermicompost market?

Answer: The major drivers for this market are enhanced soil aeration, increased water retention capacity and improved nutrient cycling, and enriched soil with microorganisms fostering plant root growth and structure, leading to enhanced germination.

Q4. What are the major segments for vermicompost market?

Answer: The future of the vermicompost market looks promising with opportunities in the home gardening, horticulture, golf courses, and landscaping markets.

Q5. Who are the key vermicompost market companies?

Answer: Some of the key vermicompost companies are as follows.

• MyNOKE
• Suman Vermi Compost
• Agrilife
• VermiCo
• Davo's Worm Farms
• Saosis Biotech
• Worm Power
• Dirt Dynasty
• Black Diamond VermiCompost
• Kahariam Farms

Q6. Which vermicompost market segment will be the largest in future?

Answer: Lucintel forecasts that lumbricus rebellus will remain the largest segment over the forecast period due to increasing awareness about the detrimental impacts of synthetic fertilizers.

Q7. In vermicompost market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to increasing interest in organic fertilizers observed in countries like India, China, Australia, Vietnam, and Thailand.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the vermicompost market by type (lumbricus rebellus, africa night crawlers, and others), application (home gardening, horticulture, golf courses, landscaping, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?