Report ID: SQMIC25AE2004
Report ID:
SQMIC25AE2004 |
Region:
Country |
Published Date: April, 2024
Pages:
223
|
Tables:
64 |
Figures:
77
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.
The Midwest region of the U.S. is poised to experience noteworthy growth in the market. The growth is driven by region's increasing adoption of sustainable agricultural practices. The Midwest region has been focusing on adopting organic composting practices to promote soil health and reduce carbon emissions. As more households in the region embrace the trend of sustainable agriculture and seek locally-sourced organic produce, the demand for organic compost is set to increase, driving the growth of the market in the region.
The Southern region of the U.S. has a warm and humid climate favorable for year-round farming and gardening, making it an ideal location for organic composting. Additionally, the region's growing population and increasing urbanization have resulted in a rise in demand for locally sourced and organic produce, which is driving the demand for residential organic compost in the region. The steady growth rate in the Southern region is expected to continue in the coming years, making it a key market for players to target. By the end of 2030, the Southern region is projected to hold a market share of over 20%, indicating significant opportunities for growth and expansion in the region.
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Report ID: SQMIC25AE2004