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Global Vermicompost  Market Size,Trends and Growth opportunity, By Product (Lumbricus Rebellus Vermicomposting, Africa Night Crawlers Vermicomposting, Others), By Application (Home Gardening, Horticulture, Golf Courses,  Landscaping), By Region and forecast till 2027.


Report ID : IR1001638 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 208

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  • Global Vermicompost  Market Size,Trends and Growth opportunity, By Product (Lumbricus Rebellus Vermicomposting, Africa Night Crawlers Vermicomposting, Others), By Application (Home Gardening, Horticulture, Golf Courses,  Landscaping), By Region and forecast till 2027.
    Global Vermicompost  Market 
    The Global Vermicompost  Market was valued at USD 85.77  billion in 2021 and is expected to expand USD 232.53 billion at a CAGR  of 18.22 % during  forecast period 2022- 2027.
    The vermicomposting method is used in organic farming to increase  the use of sustainable agricultural practices.vermicompost is the result of decomposition process using different types of worms for producing a mixture of bedding material, decomposing food or vegetable waste.vermicompost contains water-soluble nutrients and is an nutrient-rich soil conditioner and organic fertilizer.
    Market Drivers
    The  enhanced soil aeration, enhanced water holding capacity, improved nutrient cycle, and supplemented soil with micro-organism through vermicompost act as major factor  driving the market.
    Additionally, vermicompost restore the nutrient and microbial enrichment to make soil more fertile and rising government support  propelling the market growth.
    The rising pollution and increasing awareness regarding fertility of soil and environmental safety among consumers and shifting trend towards eco-friendly product boost the vermicompost market. 
    Market Restraints
    The high setup cost of vermicompost process   hinders  the market growth. The process requires specific temperature,PH,salt content ,moisture,specific quantity of carbon and nitrogen restrain the growth of market. 
    COVID-19 Impact on Vermicompost  Market
    Outbreak of covid-19 adversely impacted market as lockdown is imposed by government and strict regulations causing shutdown of manufacturing unit and disruption in supply chain. The decrease in demand of vermicompost due to reduce production and agricultural activities due to unavailability of labours.  
    Impact of Russia Ukraine War on Market
    The conflict between Russia and Ukraine can have both direct and indirect impacts on the vermicompost market:
    Disruptions in the supply chain: many vermicompost manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting vermicompost production and delivery.
    Economic sanctions: economic sanctions imposed on Russia may have an impact on the overall economy, as well as demand for vermicompost in the region.
    Increase in natural gas prices: natural gas prices may rise as a result of the conflict due to supply disruptions, affecting demand for vermicompost in the short term.
    Market Segmentation 
    The Global Vermicompost Market segmented on the basis of Product, Application and Region.On the basis of Product, it is segmented into Lumbricus Rebellus Vermicomposting, Africa Night Crawlers Vermicomposting, Others. On the basis of  Application, it is segmented into Home Gardening, Horticulture, Golf Courses, Landscaping. On the basis of Region it is segmented into North America, Europe, Asia Pacific, Latin America, MEA. 
    Regional Analysis
    The Global Vermicompost Market segmented into five regions North America, Europe, Asia Pacific, Latin America, MEA. Asia-Pacific dominate the market due to rise in the demand for organic fertilizers and growing agriculture industry in this region.Asia-Pacific also witnessed a significant rise in vermicompost market during the forecast period of 2022 to 2027.
    Key Players
    Various key players are listed in this report such as MyNOKE, Suman Vermi Compost, Agrilife, VermiCo, Davos Worm Farms, Saosis Biotech Private Ltd, Worm Power, Dirt Dynasty LLC, Black Diamond VermiCompost, Kahariam Farms.
    Market Taxonomy
    Product Type  
    • lumbricus rebellus vermicomposting 
    • Africa night crawlers vermicomposting 
    • others  
    By  Application 
    • home gardening
    • horticulture
    • golf courses
    • landscaping 
    By Region
    • North America
    • Europe
    • Asia Pacific   
    • Latin America
    • Middle East and Africa


    Key Question Addressed by the Report
    • What are the Key Opportunities in Global Vermicompost Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
               


     

    Global Vermicompost Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Vermicompost Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Vermicompost Market, By Product
    5.1 Y-o-Y Growth Comparison, By Product
    5.3 Global Vermicompost Market Share Analysis, By Product
    5.3 Global Vermicompost Market Size and Forecast, By Product
    5.3.1 lumbricus rebellus vermicomposting
    5.3.2 Africa night crawlers vermicomposting
    5.3.3 Others 
    6 Global Vermicompost Market, By Application 
    6.1 Y-o-Y Growth Comparison, By Application 
    6.2 Global Vermicompost Market Share Analysis, By Application 
    6.3 Global Vermicompost Market Share Analysis, By Application 
    6.3.1 Home gardening
    6.3.2 Horticulture
    6.3.3 Golf courses 
    6.3.4 landscaping 
    7 Global Vermicompost Market, By Region
    7.1 Global Vermicompost Market Share Analysis, By Region
    7.2 Global Vermicompost Market Share Analysis, By Region
    8 North America Vermicompost Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Vermicompost Market Share Analysis, By Product
    8.3 North America Vermicompost Size and Forecast, By Application 
    8.4 North America Vermicompost Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Vermicompost Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Vermicompost Market Share Analysis, By Product
    9.3 Europe Vermicompost Market Size and Forecast, By Application 
    9.4 Europe Vermicompost Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4 Rest of Europe
    10 Asia Pacific Vermicompost Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia-Pacific Vermicompost Market Size and Forecast, By  Product
    10.3 Asia-Pacific Vermicompost Market Size and Forecast, By Application 
    10.4 Asia-Pacific Vermicompost Market Size and Forecast, By Country
    10.4.1 China 
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11  Latin America Vermicompost Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Vermicompost Market Size and Forecast, By Product
    11.3 Latin America Vermicompost Market Size and Forecast, By Application 
    11.4 Latin America Vermicompost Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2.Rest of Latin America
    12 Middle East Vermicompost Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Vermicompost Market Share Analysis, By  Product
    12.3 Middle East Vermicompost Market Size and Forecast, By Application 
    12.4 Middle East Vermicompost Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.3. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1. MyNOKE
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. Suman Vermi Compost
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Agrilife
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4. VermiCo 
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5. Davos Worm Farms 
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6. Saosis Biotech Private Ltd 
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7. Worm Power 
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8. Dirt Dynasty LLC 
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9. Black Diamond VermiCompost
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10. Kahariam Farms
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies