Vermi compost is the product of the decomposition of organic waste, such as weeds, leaves, stalks, husks, etc. It also includes dairy waste, animal waste, poultry litter, fruit and vegetable waste, etc. These materials are decomposed by various species of earthworms that improve the process of organic waste conversion. Vermi compost acts as a rich source of nutrients and is used as an organic fertilizer in the agriculture industry. It offers numerous benefits, such as enhanced soil aeration, better nutrient cycle, and improved water holding capacity. Vermi compost is also eco-friendly and minimizes the volume of waste going into landfills.
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The rising demand for vermi compost from various sectors, such as horticulture, landscaping, home gardening, agriculture, etc., is primarily driving the market growth. Besides this, elevating government support for organic farming and increasing awareness towards detrimental effects of chemical fertilizers are further contributing to the growth of the market.
Moreover, the escalating adoption of vermi compost in industrial settings to treat organic wastes is also providing a thrust to the global market. Various other factors, including extensive research and development (R&D) activities to enhance the productivity of vermi compost and the rising demand for organic food variants, are expected to further catalyze the market growth in the coming years.
The project report on vermi compost covers the following aspects:
Market Snapshot (Market Performance, Segments, Regional Insights, Covid-19 Impact and outlook)
Manufacturing Process:
Project Details, Requirements and Costs Involved
Project Economics
Regulatory Procedures and Approval
Key Success and Risk Factors
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