U.S. Residential Organic Compost Market

U.S. Residential Organic Compost Market Size, Share, Growth Analysis, By Product Type(Food waste compost, garden waste compost), By Distribution Channel(Online sales, specialty stores) - Industry Forecast 2024-2031


Report ID: SQMIC25AE2004 | Region: Country | Published Date: April, 2024
Pages: 223 | Tables: 64 | Figures: 77

U.S. Residential Organic Compost Market Insights

U.S. Residential Organic Compost Market size was valued at USD 395.80 million in 2022 and is poised to grow from USD 428.26 million in 2023 to USD 804.49 million by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).

The U.S. Residential Organic Compost Market is a rapidly growing market that caters to the needs of households engaged in organic farming and gardening practices. The market is driven by the increasing awareness among consumers regarding the benefits of organic farming and the growing demand for locally sourced, organic produce. In addition, the rising concerns about food safety and the impact of chemical-based fertilizers on the environment have also contributed to the growth of the market. 

The lack of awareness about the benefits of organic compost among some consumers and the high cost of organic compost production and distribution are some of the key restraints that have hindered the growth of the market. Key trends in the market include the increasing popularity of urban agriculture, which has led to a rise in demand for small-scale organic compost solutions. Another trend is the rise in demand for locally sourced, organic produce, which has increased demand for organic compost products. The market is also expected to be driven by the increasing number of households adopting sustainable agricultural practices and the growth of e-commerce platforms, which has made it easier for consumers to purchase organic compost products.

 

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U.S. Residential Organic Compost Market size was valued at USD 395.80 million in 2022 and is poised to grow from USD 428.26 million in 2023 to USD 804.49 million by 2031, at a CAGR of 8.2% during the forecast period (2024-2031).

The U.S. Residential Organic Compost market is highly competitive, with a large number of companies operating in the industry. The market is dominated by large and small players continuously investing in research and development activities to offer innovative and eco-friendly products. Some of the major players in the U.S. Residential Organic Compost market focus on strategies such as mergers and acquisitions, collaborations, partnerships, and new product launches to strengthen their market position. They also emphasize expanding their production capacity and increasing their geographical presence to cater to the growing demand for organic compost in the residential sector. 'Malibu Compost', 'Cedar Grove', 'Atlas Organics', 'Vermont Compost Company', 'American Composting, Inc.', 'Blue Ribbon Organics', 'Dairy Doo', 'The Compost Company', 'Garden-Ville', 'Walt's Organic', 'Soilutions', 'WeCare Organics', 'McGill Compost', 'Green Mountain Compost', 'Rocky Mountain Composting Inc.', 'Harvest New England', 'Compost Crusader', 'Compost Nashville', 'CompostNow', 'Compost Crew', 'Veteran Compost', 'Compost Queen'

As consumers become more health conscious, they are increasingly seeking out organic food options. This is driving demand for organic compost, which is essential for organic farming.

Increase in Home Gardening: With more people spending time at home due to the pandemic, there has been a surge in home gardening. This has led to an increase in demand for organic compost among residential consumers who want to grow their own vegetables and herbs.

The U.S. Residential Organic Compost market is seeing strong growth across different regions of the country. However, the U.S.’s West Coast and Northeast regions are leading the charge, holding the largest market share in 2021. Together, these regions accounted for over 60% of the total market share, which is a significant percentage. The primary reason behind the dominance of these regions in the market is the growing awareness among consumers regarding the benefits of organic compost. Consumers in these regions are becoming more environmentally conscious and are looking for sustainable and organic ways of farming and gardening. As a result, they are more inclined to use organic compost for their household gardens, driving the demand for residential organic compost in these regions. Another reason for the dominance of the West Coast and Northeast regions in the market is the increasing number of households in these regions that are practicing organic farming and gardening. These regions are home to many urban and suburban households interested in growing their food, and they are using organic compost to do so.

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U.S. Residential Organic Compost Market

Product ID: SQMIC25AE2004

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