Earthworm Farming Market Size

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

The growth of the market can be attributed to the various uses of earthworms, such as, organic farming, making compost, and as a feed for poultry and other animals and birds. The benefits provided by earthworms were discovered in the recent past, and earthworm farming has witnessed tremendous growth ever since. Earthworms can convert organic waste into compost, which acts as a highly advantageous organic fertilizer. Moreover, they aerate the soil by making it porous, and their castings balance the ph of the soil, which is why earthworms are used in farming. Furthermore, they are a rich source of protein, and are used as a feed for chicken, ducks, and other animals. These uses of earthworms are anticipated to drive the market growth. In addition to this, earthworm farming does not require large investments, and is economically feasible, which is expected to further boost the market growth.