Asia Pacific Enriched Biochar Market Size & Outlook
Asia Pacific enriched biochar market, 2018-2030 (US$M)
Related Markets
Asia Pacific enriched biochar market highlights
- The Asia Pacific enriched biochar market generated a revenue of USD 4.8 million in 2022.
- The market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
- In terms of segment, agriculture was the largest revenue generating application in 2022.
- Agriculture is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 4.8 million |
| Market revenue in 2030 | USD 9.0 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Agriculture |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agriculture, Gardening, Turfs, Other Applications |
| Key market players worldwide | Carbon Gold, CharGrow, SymSoil, Inc., bio365, Engrow |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 12.5% of the global enriched biochar market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 32.7 million by 2030.
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Enriched Biochar Market Scope
Enriched Biochar Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific enriched biochar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enriched biochar market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 64.58% in 2022. Horizon Databook has segmented the Asia Pacific enriched biochar market based on agriculture, gardening, turfs, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is a major agricultural product producer in the world, having 30% of the world’s agricultural land. It is the largest producer of agricultural products around the globe, with 60% of the share represented by crop production.
The region dominates production share in many of the staple crops, such as rice (with 90% of the global number) and others such as wheat and maize (with 40% and 30%, respectively), as per the OECD-FAO agricultural outlook 2021-2030.
Several factors such as a tremendous increase in population especially the middle class, and financial prosperity due to developing economies have made Asia Pacific a major potential market for food products in the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific enriched biochar market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific enriched biochar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific enriched biochar market size, by country, 2018-2030 (US$M)
Asia Pacific Enriched Biochar Market Outlook Share, 2022 & 2030 (US$M)
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