MarketResearchNest.com presents “2018-2023 Global Vermicompost Consumption Market Report” new Research to its studies database. The records spread across 162 with more than one tables and figures in it.
This comprehensive Vermicompost Consumption research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Vermicompost market for 2018-2023.
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.
Vermicompost industry has much fragmented, manufacturers are mostly in the India and Southeast Asia. Among them, India Production value accounted for less than 9.50% of the total value of global Vermicompost in 2015. MyNOKE is the world leading manufacturer in global Vermicompost market with the market share of 8.79% in 2015.
Compared to 2014, Vermicompost market managed to increase sales by 24.89% to 38.09 M USD worldwide in 2015. Overall, the Vermicompost performance is positive, despite the weak economic environment.
Over the next five years, LPI(LP Information) projects that Vermicompost will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Vermicompost market by product type, application, key manufacturers and key regions.
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Global Vermicompost Consumption in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting. A Global Vermicompost Consumption Market provides an extensive view of size; trends and shape have been developed in this report to identify factors that will exhibit a significant impact in boosting the sales of Global Vermicompost Consumption Market in the near future.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Africa Night Crwlers Vermicomposting
Lumbricus Rebellus Vermicomposting
Segmentation by application:
This report also splits the market by region:
Middle East and Africa
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Moreover, the research report assessed market key features, consisting of revenue, capacity utilization rate, price, gross, growth rate, consumption, production, export, supply, cost, market size & share, industry demand, export & import analysis, and CAGR.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Davo’s Worm Farms
Sri Gayathri Biotec
SLO County Worm Farm
Suman Vermi Compost
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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