Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Vermicompost, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vermicompost. This report contains market size and forecasts of Vermicompost in global, including the following market information:
Global Vermicompost Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vermicompost Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Vermicompost companies in 2022 (%)
The global Vermicompost market was valued at US$ 90220 million in 2022 and is projected to reach US$ 229370 million by 2029, at a CAGR of 14.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Vermicompost manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vermicompost Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Vermicompost Market Segment Percentages, by Type, 2022 (%)
Africa Night Crwlers Vermicomposting
Lumbricus Rebellus Vermicomposting
Others
Global Vermicompost Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Vermicompost Market Segment Percentages, by Application, 2022 (%)
Home Gardening
Landscaping
Golf Courses
Horticultural Industry
Global Vermicompost Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Vermicompost Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vermicompost revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vermicompost revenues share in global market, 2022 (%)
Key companies Vermicompost sales in global market, 2018-2023 (Estimated), (MT)
Key companies Vermicompost sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vermicompost, market overview.
Chapter 2: Global Vermicompost market size in revenue and volume.
Chapter 3: Detailed analysis of Vermicompost manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Vermicompost 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vermicompost capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.