New Research: Lucintel Predicts a Compost market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities of the Compost Industry”?

This report for compost market identifies and predicts future opportunities for growth in compost industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for compost industry in the agriculture, home gardening, landscaping, horticulture, construction, and other applications.

According to Lucintel’s market report, the compost  market is expected to grow with a CAGR of 5 % to 7% from 2020 to 2025. Some of the dominant players of the compost  market are Harvest Power, Pacific, Worm Power, Dirt Hugger, Agrilife, MyNoke, Nutrisoil, Davo’s Worm Farm, Dirty Dynasty, and Kahariam Farms are among the major suppliers of composts are among the major players in the compost market.

There are some interesting developments in compost market as competition heats up and players try to increase their market share. Some of the emerging trend, which has a direct impact on the dynamics of compost industry, includes development of bio dynamic compost and use of biochar in composting.

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