How Big is the Peat Market | Manufacturers & Suppliers 2025

What is the size of Peat Market?

Peat Market is predicted to grow with several factors which include increasing demand for peat as a fuel source, its application in horticulture and agriculture, and rising awareness about soil health and organic farming practices.

Key Growth Drivers of the Peat Market

• Growing use of peat as a biofuel alternative in power generation
• Rising adoption in horticulture for soil conditioning and plant growth
• Emphasizing focus on sustainable farming and organic crop production
• Expansion of peat-based products in the gardening and landscaping industries
• Government initiatives promoting renewable and eco-friendly resources

Peat Market Trends

Peat market is growing over the years with notable trends which include the rising interest in peat-based growing media with enhanced nutrient retention properties. Other trends, such as sustainable harvesting and reclamation practices are gaining importance to reduce environmental impact. Aside from these, peat alternatives and blends with coir and compost are being developed. This market has noticed the growing adoption of peat in specialty crop cultivation and organic farming sectors.

Emerging Developments in the Peat Market

Peat market is seeing major developments with growing in the recent years as the growth has noticed in peat processing to improve quality and reduce impurities. Excluding these, development of eco-friendly peat substitutes to address environmental concerns. Expansion of peat-based activated carbon for filtration and purification applications. The research is continued to expand with growing time, on carbon sequestration and peatland restoration to balance ecological footprint.

List of Leading Companies in the Peat Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Klasmann-Deilmann GmbH

This is a global leader in peat extraction and growing media production and offers customized peat-based substrates for horticulture worldwide.

2. Bord na Mona plc

This is a major producer of peat for energy and horticulture sectors and focuses on sustainable peat harvesting and renewable energy projects.

3. Premier Tech

This company is a supplier of peat-based growing media and soil amendments and provides innovative products for professional growers and gardeners.

4. Veolia Group

This company is engaged in peat extraction and environmental management solutions and focuses on sustainable resource management and energy recovery.

5. GrowHow UK Ltd.

This company specializes in peat-based growing media and soil conditioners and supports both commercial and amateur horticulture markets.

6. Balangoda Peat Industries

This is a leading peat producer in South Asia with diverse applications and offers peat products for fuel, agriculture, and horticulture use.

7. Sphag AG

This company produces peat substrates for ornamental and vegetable plants and is especially known for eco-friendly extraction and peat quality enhancement.

8. Premier Horticulture

This company provides peat moss and peat-based growing media for North America, focusing on innovation and sustainable sourcing practices.

How Big is the Peat Market: FAQs