Earthworm Farming Market
PUBLISHED: 2021 ID: SMRC20966
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Earthworm Farming Market

Earthworm Farming Market Forecasts to 2028 – Global Analysis By Type of Species (Aporrectodea Calignosa, Eisenia Foetida), Application (Agriculture, Animal & Fish feed, Eat, Fishing Bait), By Geography

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4.6 (25 reviews)
Published: 2021 ID: SMRC20966

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Earthworm Farming Market is accounted for $0.10 billion in 2020 and is expected to reach $0.32 billion by 2028 growing at a CAGR of 15.7% during the forecast period. The rising inclination for organic farming over conventional farming is driving the market growth. However, the lack of scientific knowledge and temperament necessary to farm earthworms is hampering the growth of the market.

The earthworm is a kind of worm which is hollow in shape and is usually found in soil. They feed on rotting organic matter and break it down to simpler components in the form of castings which can be used as fertilizer for crops. Earthworm farming contains harvesting of worms that are future used for other applications such as fishing bait, vermicomposting, and others. Since olden times, earthworms are being used on farms to upsurge crop production.

Based on the application, the agriculture segment is going to have lucrative growth during the forecast period, as earthworms can eat and mix a huge quantity of soil and organic matter and deposit it in the form of casts, which is helpful in agriculture. They also boost integration and decomposition of organic matter, rise soil aggregate stability, advance absorbency, and water penetration, and upsurge microbial activity.

By geography, Asia Pacific is going to have high growth during the forecast period, owing to the increased acceptance of organic farming practices. Growing initiatives by the government to encourage organic farming further bolster market growth. Nations in the tropical and sub-tropical belt have warm and humid climates which provide a sustainable environment for earthworms.

Some of the key players profiled in the Earthworm Farming Market include Guangxi Xintianyu Technology Co., Ltd, Kahariam Farms, My NOKE, NutriSoil, Sunrise Agriland Development And Research Private Limited, VermiCo, Kahariam Farms, My NOKE, NutriSoil.

Type of Species Covered:
• Aporrectodea Calignosa
• Eisenia Foetida
• Eisenia Hortensis
• Eudrilus Eugeniae
• Lumbricus Terrestris
• Perionyx Excavates
• Eisenia Andrei

Applications Covered:
• Agriculture
• Animal & Fish feed
• Eat
• Fishing Bait
• Fowl Feed
• Protein Extraction
• Vermicomposting

Sales Channels Covered:
• Direct Marketing
• Indirect Marketing   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology      
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions     
        
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats      
 3.6 Application Analysis      
 3.7 Emerging Markets      
 3.8 Impact of Covid-19      
        
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry      
        
5 Global Earthworm Farming Market, By Type of Species       
 5.1 Introduction      
 5.2 Aporrectodea Calignosa      
 5.3 Eisenia Foetida      
 5.4 Eisenia Hortensis      
 5.5 Eudrilus Eugeniae      
 5.6 Lumbricus Terrestris      
 5.7 Perionyx Excavates      
 5.8 Eisenia Andrei      
        
6 Global Earthworm Farming Market, By Application       
 6.1 Introduction      
 6.2 Agriculture      
 6.3 Animal & Fish feed      
 6.4 Eat      
 6.5 Fishing Bait      
 6.6 Fowl Feed      
 6.7 Protein Extraction      
 6.8 Vermicomposting       
        
7 Global Earthworm Farming Market, By Sales Channel       
 7.1 Introduction      
 7.2 Direct Marketing      
 7.3 Indirect Marketing      
        
8 Global Earthworm Farming Market, By Geography       
 8.1 Introduction      
 8.2 North America      
  8.2.1 US     
  8.2.2 Canada     
  8.2.3 Mexico     
 8.3 Europe      
  8.3.1 Germany     
  8.3.2 UK     
  8.3.3 Italy     
  8.3.4 France     
  8.3.5 Spain     
  8.3.6 Rest of Europe     
 8.4 Asia Pacific      
  8.4.1 Japan     
  8.4.2 China     
  8.4.3 India     
  8.4.4 Australia     
  8.4.5 New Zealand     
  8.4.6 South Korea     
  8.4.7 Rest of Asia Pacific     
 8.5 South America      
  8.5.1 Argentina     
  8.5.2 Brazil     
  8.5.3 Chile     
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia     
  8.6.2 UAE     
  8.6.3 Qatar     
  8.6.4 South Africa     
  8.6.5 Rest of Middle East & Africa     
        
9 Key Developments       
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
        
10 Company Profiling       
 10.1 Davo’s Worm Farm      
 10.2 Guangxi Xintianyu Technology Co., Ltd.      
 10.3 Kahariam Farms      
 10.4 My NOKE      
 10.5 NutriSoil      
 10.6 Sunrise Agriland Development And Research Private Limited      
 10.7 VermiCo      
 10.8 Worm power      


List of Tables        
1 Global Earthworm Farming Market Outlook, By Region (2019-2028) (US $MN)        
2 Global Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
3 Global Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
4 Global Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
5 Global Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
6 Global Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)        
7 Global Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)         
8 Global Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
9 Global Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
10 Global Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
11 Global Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
12 Global Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
13 Global Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
14 Global Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)        
15 Global Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
16 Global Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
17 Global Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
18 Global Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
19 Global Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
20 Global Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        
21 North America Earthworm Farming Market Outlook, By Country (2019-2028) (US $MN)         
22 North America Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
23 North America Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
24 North America Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
25 North America Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
26 North America Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)         
27 North America Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)        
28 North America Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
29 North America Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
30 North America Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
31 North America Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
32 North America Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
33 North America Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
34 North America Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)        
35 North America Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
36 North America Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
37 North America Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
38 North America Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
39 North America Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
40 North America Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        
41 Europe Earthworm Farming Market Outlook, By Country (2019-2028) (US $MN)        
42 Europe Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
43 Europe Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
44 Europe Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
45 Europe Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
46 Europe Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)        
47 Europe Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)         
48 Europe Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
49 Europe Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
50 Europe Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
51 Europe Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
52 Europe Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
53 Europe Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
54 Europe Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)        
55 Europe Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
56 Europe Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
57 Europe Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
58 Europe Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
59 Europe Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
60 Europe Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        
61 Asia Pacific Earthworm Farming Market Outlook, By Country (2019-2028) (US $MN)         
62 Asia Pacific Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
63 Asia Pacific Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
64 Asia Pacific Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
65 Asia Pacific Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
66 Asia Pacific Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)         
67 Asia Pacific Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)        
68 Asia Pacific Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
69 Asia Pacific Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
70 Asia Pacific Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
71 Asia Pacific Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
72 Asia Pacific Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
73 Asia Pacific Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
74 Asia Pacific Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)        
75 Asia Pacific Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
76 Asia Pacific Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
77 Asia Pacific Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
78 Asia Pacific Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
79 Asia Pacific Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
80 Asia Pacific Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        
81 South America Earthworm Farming Market Outlook, By Country (2019-2028) (US $MN)        
82 South America Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
83 South America Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
84 South America Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
85 South America Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
86 South America Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)        
87 South America Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)        
88 South America Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
89 South America Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
90 South America Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
91 South America Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
92 South America Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
93 South America Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
94 South America Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)        
95 South America Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
96 South America Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
97 South America Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
98 South America Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
99 South America Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
100 South America Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        
101 Middle East & Africa Earthworm Farming Market Outlook, By Country (2019-2028) (US $MN)        
102 Middle East & Africa Earthworm Farming Market Outlook, By Type of Species (2019-2028) (US $MN)        
103 Middle East & Africa Earthworm Farming Market Outlook, By Aporrectodea Calignosa (2019-2028) (US $MN)        
104 Middle East & Africa Earthworm Farming Market Outlook, By Eisenia Foetida (2019-2028) (US $MN)        
105 Middle East & Africa Earthworm Farming Market Outlook, By Eisenia Hortensis (2019-2028) (US $MN)        
106 Middle East & Africa Earthworm Farming Market Outlook, By Eudrilus Eugeniae (2019-2028) (US $MN)        
107 Middle East & Africa Earthworm Farming Market Outlook, By Lumbricus Terrestris (2019-2028) (US $MN)        
108 Middle East & Africa Earthworm Farming Market Outlook, By Perionyx Excavates (2019-2028) (US $MN)        
109 Middle East & Africa Earthworm Farming Market Outlook, By Eisenia Andrei (2019-2028) (US $MN)        
110 Middle East & Africa Earthworm Farming Market Outlook, By Application (2019-2028) (US $MN)        
111 Middle East & Africa Earthworm Farming Market Outlook, By Agriculture (2019-2028) (US $MN)        
112 Middle East & Africa Earthworm Farming Market Outlook, By Animal & Fish feed (2019-2028) (US $MN)        
113 Middle East & Africa Earthworm Farming Market Outlook, By Eat (2019-2028) (US $MN)        
114 Middle East & Africa Earthworm Farming Market Outlook, By Fishing Bait (2019-2028) (US $MN)         
115 Middle East & Africa Earthworm Farming Market Outlook, By Fowl Feed (2019-2028) (US $MN)        
116 Middle East & Africa Earthworm Farming Market Outlook, By Protein Extraction (2019-2028) (US $MN)        
117 Middle East & Africa Earthworm Farming Market Outlook, By Vermicomposting  (2019-2028) (US $MN)        
118 Middle East & Africa Earthworm Farming Market Outlook, By Sales Channel (2019-2028) (US $MN)        
119 Middle East & Africa Earthworm Farming Market Outlook, By Direct Marketing (2019-2028) (US $MN)        
120 Middle East & Africa Earthworm Farming Market Outlook, By Indirect Marketing (2019-2028) (US $MN)        

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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