Earthworm Farming Market Analysis

  • Report ID: 3158
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Earthworm Farming Market Analysis

The global earthworm farming market is segmented by species into Eisenia fetida, Eisenia andrei, Eudrilus eugeniae, Perionyx excavatus and others, out of which, the Perionyx excavatus segment is anticipated to hold the largest share in the market during the forecast period as this species is most commercially produced species. Also known as composting worms, this species produces maximum casting, in the least time, making it most commercially viable. On the basis of end-use, the market is segmented into vermicompost, farming, fishing bait, fowl feed, and others, out of which the farming segment is estimated to garner the largest revenue during the forecast period, owing to the increasing trend of organic farming, where earthworms are replacing nitrogenous chemical fertilizers. 

Our in-depth analysis of the global earthworm farming market includes the following segments

 

By Species

 

  • Eisenia fetida
  • Eisenia andrei
  • Eudrilus eugeniae
  • Perionyx excavates
  • others

     

   By End-Use

 

  • Vermicompost
  • Farming
  • Fishing Bait
  • Fowl Feed
  • Others
 

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Nilanjana Ray


  • Report ID: 3158
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of earthworm farming is estimated at USD 178.48 million.

Earthworm Farming Market size was valued at USD 159.7 million in 2023 and is likely to reach USD 949.79 million by 2036, expanding at around 14.7% CAGR during the forecast period i.e., between 2024-2036. Growing adoption of organic farming and vermicompost will impel the market growth.

North America is poised to dominate majority revenue share by 2036, on the back of growing adoption of organic farming in the United States.

The major players in the market include Guangxi Xintianyu Technology Co., Ltd., Vermi Co, Organic Sunrise Natural, My NOKE, NutriSoil, Kahariam Farms., Davo's Worm Farms, and Worm power.
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