Earthworm Farming Market Trends

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

Earthworm Farming Market Trends

Growth Drivers

  • Growing Trend of Organic Farming
  • Economic Feasibility of Earthworm Farming

Challenges

  • Lack of Scientific Knowledge to Farm Earthworms

Earthworm Farming Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

14.7%

Base Year Market Size (2023)

USD 159.7 million

Forecast Year Market Size (2036)

USD 949.79 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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