How Has The Compost Market Size Evolved In Recent Years?
The compost market has seen considerable growth due to a variety of factors.
• Over the past few years, the compost market has seen substantial growth. It is projected to escalate from $8.15 billion in 2024 to $8.86 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.7%.
The notable expansion during the historical period can be traced back to the increased adoption of home composting, the enlargement of commercial composting facilities, the introduction of food waste reduction initiatives, the application of compost in agriculture, and the incorporation of compost in urban development.
How Does the Forecast Look for the Compost Market?
The compost market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for compost is predicted to expand rapidly in the coming years, reaching a value of $13.26 billion in 2029, with a compound annual growth rate (CAGR) of 10.6%.
This surge in growth during the forecast period can be credited to practices associated with the circular economy, climate change mitigation measures, heightened awareness about soil health, corporate sustainability measures, and the burgeoning horticulture industry. Noteworthy trends for the forecast period encompass innovations in compostable packaging, the shift from waste to energy, laws surrounding organic waste, initiatives for green infrastructure, and partnerships for research and development.
What Key Factors and Trends are Driving the Growth of the Compost Market?
The growth of the compost market is being driven by the escalating demand for organic farm produce. Organic products refrain from the usage of synthetic insecticides, growth hormones, antibiotics, chemical fertilizers, and synthetic pesticides for cultivation. Due to the COVID-19 outbreak, people's preference for organic food increased due to its healthier constituents and immune-boosting properties. Organic products are also valued for their superior quality and perceived as being safer for both the environment and human health. Compost plays a significant role in organic farming for enhancing soil fertility. A report in February 2024 by IFOAM – Organics International and FiBL revealed that the global organic farming area expanded by more than 20 million hectares to a total of 96 million hectares in 2022. This was made possible by over 4.5 million organic producers and nearly 135 billion euros worth of organic food sales. As such, the forecast period will likely witness an escalation in the demand for compost owing to the rising demand for organic farm goods.
How Are The Segments Defined Within The Global Compost Market?
The compost market covered in this report is segmented –
1) By Product Type: Yard Trimming, Food Waste, Manure, Mushroom Compost, Vermicomposting
2) By Application: Agriculture, Home Gardening, Landscaping, Horticulture, Construction, Other Applications
Subsegments:
1) By Yard Trimming: Grass Clippings, Leaves, Small Branches and Twigs
2) By Food Waste: Fruit and Vegetable Scraps, Cooked Food Waste, Eggshells
3) By Manure: Dairy Manure, Poultry Manure, Horse Manure
4) By Mushroom Compost: Spent Mushroom Substrate, Organic Mushroom Compost Mixes
5) By Vermicomposting: Worm Castings, Vermicompost Mixes
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How Are New Trends Expected To Influence The Growth Of The Compost Market?
One key development seen in the compost industry is the formation of strategic alliances. To make improved use of agricultural and domestic waste, companies and organizations are establishing business relationships with compost making companies and service providers. For example, in May 2022, the city of Boston decided to team up with Garbage to Garden, a waste management service based in the US, and Save That Stuff Inc., a US-based resource management firm, to initiate a program for food waste collection from the curbside. The food waste will be processed into compost at the Save that Stuff site, while the facility food waste will be transformed into a liquid form at the CORe facility, which will be used subsequently to generate biogas and renewable energy. These alliances are in line with the Zero Waste goals set by Boston.
Who Are the Key Players in the Compost Market?
Major companies operating in the compost market include:
• MEC Recycling Corporation
• Davo's Worm Farms
• Veolia Environnement S.A.
• NutriSoil
• Sri Gayathri Biotec
• Charlie's Compost
• Attero
• WormUp LLC
• Tadweer - Abu Dhabi Waste Management Center
• Dirt Dynasty LLC
• McGill Environmental Systems
• Kahariam Farms
• Mobius Environmental Solutions Inc.
• WeCare Organics Inc.
• Michigan Peat Company Inc.
• Compost Crew
• Wormpower
• Biophilica LTD
• Solum Gruppen AB
• Harvest Quest
• Primitive Labs Inc.
• UNCO Industries Inc.
• Suman Vermi Compost
• San Luis Obispo County Worm Farm LLC
• Circulus Agtech Corporation
What Is The Most Dominant Region In The Compost Market?
Asia-Pacific was the largest region in the compost market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compost market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
