Global Compost Market Size By Type (Yard Trimmings, Food Wastes), By Application (Home Gardening, Landscaping), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 35956 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Compost Market was valued at USD 9.8 billion in 2023 and is projected to surpass USD 15.6 billion by 2031, growing at a CAGR of 5.8% during the forecast period of 2023-2031. The market is experiencing significant growth due to the increasing awareness about organic waste management, rising demand for organic farming, and stringent environmental regulations regarding waste disposal. Compost, a nutrient-rich soil amendment, is widely used in agriculture, horticulture, and landscaping, offering benefits such as improved soil health, enhanced plant growth, and reduced dependency on chemical fertilizers.

Market Drivers

1. Growing Adoption of Organic Farming

The shift toward organic farming practices is a major growth driver. With consumers demanding chemical-free, sustainable food products, farmers are increasingly using compost as a natural fertilizer to enhance soil fertility and crop yield.

2. Stringent Waste Management Regulations

Governments across the globe are implementing strict regulations to manage organic waste effectively, reducing landfill dependency. Policies promoting composting over traditional waste disposal methods are driving market expansion.

3. Rising Demand for Soil Health Improvement

Soil degradation due to excessive chemical fertilizer use has led to declining agricultural productivity. Compost is recognized for restoring soil organic matter, improving moisture retention, and enhancing microbial activity, making it a preferred alternative.

Market Restraints

1. High Initial Investment in Composting Facilities

Setting up composting facilities requires significant investment in infrastructure, equipment, and labor, which may hinder small-scale operators from entering the market.

2. Slow Decomposition Process

Composting is a time-intensive process, requiring weeks or months for complete organic material breakdown. This slow process can limit large-scale adoption, particularly in regions with high fertilizer demand.

Market Opportunity

1. Expansion of Composting in Urban Areas

The increasing trend of urban gardening, rooftop farming, and community composting projects presents a significant growth opportunity for the compost market. Governments and environmental organizations are promoting small-scale composting solutions in residential and commercial sectors.

2. Technological Advancements in Composting

Innovations such as rapid composting technologies and automated composting machines are accelerating the decomposition process, making composting more efficient and feasible for large-scale agricultural and municipal applications.

Market by Compost Type Insights

Based on compost type, the Green Waste Compost segment dominated the market in 2023, contributing to the largest revenue share. This segment includes compost derived from garden waste, grass clippings, and plant residues, widely used in landscaping and soil enrichment applications.

Market by End-use Insights

The Agriculture segment accounted for the largest share of the compost market in 2023. Farmers prefer compost due to its ability to enhance soil structure, increase crop yield, and reduce dependency on chemical fertilizers. The Horticulture and Landscaping segment is also witnessing significant growth due to increasing urbanization and rising interest in sustainable landscaping practices.

Market by Regional Insights

1. North America

North America held the largest market share in 2023, attributed to robust composting programs, strong government policies on organic waste recycling, and high adoption rates of organic farming practices in the United States and Canada.

2. Europe

Europe is another key market, driven by stringent EU regulations on waste management and increasing consumer preference for organic food. Countries like Germany and France have well-established composting systems, supporting market growth.

3. Asia-Pacific

Asia-Pacific is expected to witness the fastest growth rate during the forecast period, led by increasing agricultural activities, rising awareness about soil health, and government initiatives promoting composting practices in countries like India, China, and Australia.

Competitive Scenario

Key players operating in the Global Compost Market include:

Waste Management, Inc.

Veolia Environment S.A.

Suez Environment

Ecoverse Industries

The Scotts Miracle-Gro Company

Nutrien Ltd.

WeCare Organics LLC

Compost Manufacturing Alliance

Dirt Hugger

Atlas Organics

These companies are focusing on expanding their composting facilities, technological advancements in composting methods, and strategic partnerships with municipalities and agricultural sectors.

Scope of Work – Global Compost Market

Report Metric

Details

Market Size (2023)

USD 9.8 billion

Projected Market Size (2031)

USD 15.6 billion

CAGR (2023-2031)

5.8%

Key Segments Covered

Compost Type, End-Use, Region

Leading Segment by Compost Type

Green Waste Compost

Leading Segment by End-use

Agriculture

Key Regions Covered

North America, Europe, Asia-Pacific, Latin America, MEA

Key Companies

Waste Management, Veolia, Suez Environment, Scotts Miracle-Gro, Nutrien Ltd., etc.

Market Drivers

Growing demand for organic farming, government regulations, soil health awareness

Market Restraints

High investment costs, slow decomposition process

Market Opportunities

Urban composting, technological advancements in composting

Key Market Developments

2023: Waste Management, Inc. expanded its composting facility network in North America, investing in advanced organic waste processing technologies.

2024: Veolia Environment launched a pilot project for automated composting solutions in urban areas, reducing decomposition time by 30%.

2025: The Scotts Miracle-Gro Company partnered with leading agricultural cooperatives to promote compost-based soil health programs, targeting sustainable farming practices.

FAQs

1. What is the current market size of the Global Compost Market?

The Global Compost Market was valued at USD 9.8 billion in 2023.

2. What is the major growth driver of the Global Compost Market?

The major growth driver is the rising adoption of organic farming and government regulations promoting composting and organic waste management.

3. Which is the largest region during the forecast period in the Global Compost Market?

North America holds the largest market share due to strong government initiatives, well-established composting facilities, and increasing demand for organic fertilizers.

4. Which segment accounted for the largest market share in the Global Compost Market?

The Agriculture segment accounted for the largest market share in 2023, driven by its widespread use in enhancing soil fertility and crop yield.

5. Who are the key market players in the Global Compost Market?

Key players include Waste Management, Inc., Veolia Environment, Suez Environment, The Scotts Miracle-Gro Company, and Nutrien Ltd., among others.

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