Global Home Compost Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 25153927

Publishing Date : 10-Oct-2023

No. of pages : 112

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  • According to the latest research, the global Home Compost market size was valued at USD 1799.01 million in 2022 and is expected to expand at a CAGR of 4.35% during the forecast period, reaching USD 2322.67 million by 2028.

    Compost is a mixture used to fertilize, strengthen soil structure, provide plants with a variety of nutrients, and increase the number of beneficial bacteria in the soil. Home compost can use various plant residues, poultry manure or other organic wastes to make organic fertilizers. Home compost is an effective way to dispose of certain organic materials such as leaves and certain food scraps.

    The spread of the COVID-19 pandemic in global markets has adversely affected the global economy. The spread of COVID-19 has led to a global recession and many companies have been forced to take drastic measures to lay off workers, small businesses have been closed and manufacturing facilities have been put on hold. Many industries have been affected due to supply chain disruptions, logistical restrictions and closures of manufacturing facilities. The COVID-19 pandemic has impacted the growth of the home compost market, with reduced demand due to lockdowns and COVID-19 regulations.
    During the outbreak of COVID-19, governments of various countries have taken measures to curb the spread of the disease, restrict the movement of people, and strengthen control measures such as cross-border logistics. The COVID-19 pandemic has affected sales in the home compost market due to the widespread lockdown in most regions.
    In addition, the COVID-19 pandemic has also had a major impact on the supply chain of home compost facilities, thereby affecting the home compost industry development.

    Home compost can reduce waste pollution
    The raw materials of home compost can be urban and rural organic solid waste, such as agricultural crop straw, rural farming manure, urban domestic waste, kitchen waste, food industry waste, etc. Home compost can reduce municipal waste. Urban households generate a large proportion of municipal waste, imposing high costs on local governments to manage this waste. Garbage also has significant environmental impacts and other adverse effects, such as soil and groundwater pollution, greenhouse gas emissions, consumption of large land resources for storage, reduced quality of life for residents, and public health risks. Home compost is considered a viable option for municipal waste disposal.
    In addition, food waste collected together produces methane, a gas that contributes to the greenhouse effect. Home compost can reduce the amount of waste sent to the landfill, thereby turning kitchen waste that may have become an environmental problem into nutrients and returning it to the soil, reducing waste pollution. The need to reduce waste pollution is driving the home composting industry.

    Using home compost can improve soil quality and help increase agricultural productivity
    Home compost can bring economic benefits, reduce the negative impact of waste on the environment, and improve soil conditions. Additionally, farmers can use it as a means of improving soil quality. Composting was found to be more effective in terms of economics, level of investment, operating costs and land use reduction compared to other waste disposal methods. Composting of municipal waste, especially food waste, has net advantages compared to landfill or incineration, such as harmless production and reduced waste volume and weight.
    Home compost can improve the structure of the soil and improve the ability of the soil to retain water and fertilizer. Compost is full of beneficial micro-organisms that create an optimal balance for the soil, making it more suitable for plants to grow in, thus helping to increase agricultural productivity. Agricultural demand for home compost products is driving the industry.

    Region Overview:
    In 2021, the share of the Home Compost market in Europe stood at 36.15%.

    Company Overview:
    Wormpower is one of the major players operating in the Home Compost market, holding a share of 0.42% in 2022.

    Wormpower is the largest controlled environment vermicompost company in North America. Wormpower's Wormpower produces 100% organic castings and worm-processed materials that enhance the chemical, physical and biological aspects of the soil around the plant's root zone. With more than 80,000 square feet of indoor and indoor space, Wormpower is one of the largest controlled-environment vermicomposting facilities in the world.

    Sri Gayathri Biotec is a leading Manufacturer and Exporter of Organic Fertilizers. Sri Gayathri Biotec was established in 2007 to provide products used in agriculture, horticulture, flowers, landscaping, aquaculture and other industries.

    AGRN is one of the Egyptian companies involved in the development of the organic fertilizer industry (composting), established in 2009, and is one of the largest companies producing all kinds of composts.

    Segmentation Overview:
    By type, Yard Trimmings segment accounted for the largest share of market in 2021.

    Yard Trimmings
    Yard trimmings are those waste materials that will decompose or rot, including but not limited to grass, shrub trimmings, loose items, building materials, etc.

    Food Wastes
    Food waste refers to the waste produced by people's daily diet, such as food packaging bags and melon and fruit peels. Food waste includes various food scraps.

    Leaves
    Leaves are rich in carbon, and leaves can be an ingredient in good compost.

    Manure (Cow, Horse, Sheep, Poultry)
    Animal manure provides primary nutrients (nitrogen, phosphorus, potassium) and micronutrients for plant growth and is a source of organic matter. Increasing soil organic matter improves soil structure, increases water-holding capacity in sandy soils, improves drainage in clay soils, provides a source of slow-release nutrients, and promotes the growth of beneficial soil organisms.

    Mushroom Compost
    Mushroom compost is a mixture of organic matter used for mushroom growth. Mushroom compost can provide nutrients and increase the water-holding capacity of the soil.

    Others
    There are other types such as vermicomposting etc.

    Application Overview:
    The market's largest segment by application is the segment Offline, with a market share of 82.82% in 2021.

    This report elaborates on the market size, market characteristics, and market growth of the Home Compost industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Home Compost. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global Home Compost Market Report Include:
    Market Size Estimates: Home Compost market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: Home Compost market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Home Compost market
    Segment Market Analysis: Home Compost market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: Home Compost market situations and prospects in major and top regions and countries
    Home Compost Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    Home Compost Industry Chain: Home Compost market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    Home Compost Industry News, Policies by regions
    Home Compost Industry Porters Five Forces Analysis

    Key players in the global Home Compost market are covered in Chapter 2:
    Wormpower
    AGRN
    Tadweer
    Sri Gayathri Biotec
    Charlie's Compost
    Veolia
    MyNOKE
    NutriSoil
    Davo's Worm Farms
    Michigan Peat
    SLO County Worm Farm
    MEC Recycling

    In Chapter 6 and Chapter 9, on the basis of types, the Home Compost market from 2018 to 2028 is primarily split into:
    Yard Trimmings
    Food Wastes
    Leaves
    Manure (Cow, Horse, Sheep, Poultry)
    Mushroom Compost
    Others

    In Chapter 7 and Chapter 10, on the basis of applications, the Home Compost market from 2018 to 2028 covers:
    Offline
    Online

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Home Compost market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the Home Compost industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of Home Compost market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the Home Compost industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on Home Compost market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the Home Compost market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed Home Compost market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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