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.
This report contains market size and forecasts of Vermicompost in India, highlights the following information:
Sales of Vermicompost in India: Value 2019 VS 2023 VS 2030, ($ millions)
Sales of Vermicompost in India: Volume 2019 VS 2023 VS 2030, (MT)
Sales of Vermicompost in India: Revenue Market Share by Company, 2019-2024
Sales of Vermicompost in India: Volume Market Share by Company, 2019-2024
India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Vermicompost will continue to grow rapidly in the future.
The global Vermicompost market size was valued at 266 million in 2023 and is forecast to a readjusted size of US$ 628.2 million by 2030, with a CAGR of 14.9% during the forecast period 2024-2030.While the India Vermicompost market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Vermicompost's global value in 2030, from % in 2023.
Our research team has surveyed the Vermicompost manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
India Vermicompost Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (MT)
India Vermicompost Market Segment Percentages, By Type, 2023 (%)
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India Vermicompost Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (MT)
India Vermicompost Market Segment Percentages, By Application, 2023 (%)
The report also provides analysis of leading market participants including:
Key companies Vermicompost revenues in India market, 2019-2024 (Estimated), ($ millions)
Key companies Vermicompost sales in India market, 2019-2024 (Estimated), (MT)
Further, the report presents profiles of competitors in the market, key players include: