What is Worm Compost?
Worm compost or vermicompost is an agricultural product that is produced by recycling food scraps and other organic material through the decomposition process. The vermicomposting process uses various species of worms such as red wigglers and white worms. It helps to improve the quality of soil and water retention that enhances the growth and yield of plants. Increasing plantation at the home gardens or backyards is likely to increase the demand for worm composts in the nearer future. Further, in countries like India, the government is promoting organic fertilizers by providing financial assistance that will create significant opportunities for the market.
The market study is broken down, by Application (Garden, Agriculture, Fertilizer and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from Indian will contribute to the maximum growth of Global Worm Compost market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TrustBasket (India), EARTH BOOSTER ORGANIC (India), Ugaoo (India), Davo's Worm Farms (United States), The Worm Farm (United States), Worm House SIA (Latvia), Agrilife (India) and SAOSIS (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Worm Compost market by Type, Application and Region.
On the basis of geography, the market of Worm Compost has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Box will boost the Worm Compost market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Worm Species, the sub-segment i.e. Red Wigglers will boost the Worm Compost market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Worm Compost market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Development of Innovative Worm Composting Technology
- Surging Demand for Natural or Organic Fertilizers for Agriculture and Garden Use
- Use of Worm Compost by the Households to Provide Essential Nutrient to the Plants
- Emerging Trend of Terrace Gardening Will Create Significant Opportunities
- High Cost and Time Taking Process of Creating Quality Worm Compost
- Difficulties in the Production of a Large Amount of Worm Casting
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Worm Compost Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as TrustBasket (India), EARTH BOOSTER ORGANIC (India), Ugaoo (India), Davo's Worm Farms (United States), The Worm Farm (United States), Worm House SIA (Latvia), Agrilife (India) and SAOSIS (India) etc.
2. Can we have customized study for Worm Compost Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Worm Compost Market by 2027?
Analysts at AMA estimates Worm Compost Market to reach USD Million by 2027.