Lucintel Forecasts Compost Market To Reach $8.9 Billion By 2025

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According to the recent study the compost market is projected to reach an estimated $8.9 billion by 2025 from $6.2 billion in 2019, at a CAGR of 6.2% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for organic products and growing awareness regarding disadvantages of chemical fertilizer and pesticides.
Browse 128 figures / charts and 171 tables in this 211 -page report to understand trends, opportunities and forecast in compost market by product type (yard trimming, food waste, manure, mushroom compost, and vermicomposting), application (agriculture, home gardening, landscaping, horticulture, construction, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Yard trimming market is expected to remain the largest segment during the forecast period.”
Based on product type, the compost market is segmented into yard trimming, food waste, manure, mushroom compost, and vermicomposting. Lucintel ...
... forecasts that the yard trimming market is expected to remain the largest segment due to its ability to recycle nutrients back into the soil and to reduce yard waste. Food waste compost is expected to witness the highest growth due to its unique properties as a raw compost agent and high moisture content.
“Within the compost market, the agriculture segment is expected to remain the largest application.”
Based on application, the agriculture segment is expected to witness the largest segment due to increasing demand for organic products and increasing consumer awareness towards food quality. Horticulture is expected to witness the highest growth due to safer, clean, and green food production.
“Asia pacific will dominate the compost market in near future.”
Asia Pacific is expected to be the largest region with the highest growth over the forecast period due to the growth of agriculture, home gardening, landscaping horticulture, and construction industries.
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Major players of compost market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Harvest Power, Cocoa Corporation, Dirt Hugger, Worm Power, and others are among the major compost providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/compost-market.aspx or helpdesk@lucintel.com
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

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Lucintel
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