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The future of the compost market looks promising with opportunities in the agriculture, home gardening, landscaping, horticulture, and construction industries. The global compost market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $8.9 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are increasing demand for organic products and growing awareness regarding disadvantages of chemical fertilizer and pesticides..
Emerging trends, which have a direct impact on the dynamics of the industry, include development of bio dynamic compost and use of biochar in composting. 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.
A total of 128 figures / charts and 171 tables are provided in this 211 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of compost market report download the report brochure.
In this market, agriculture is the largest end use of compost market , whereas yard trimming is largest in product type. Growth in various segments of the compost market are given below:
Compost Market by Segments