| Product Code: ETC8161988 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining Compound Annual Growth Rate (CAGR) of -8.47% from 2020 to 2024, Maldives continues to heavily rely on vermicompost imports from top countries including Sri Lanka, India, China, Australia, and the Netherlands. The high concentration in the market, as indicated by the Herfindahl-Hirschman Index (HHI), suggests limited competition among suppliers. The negative growth rate of -5.44% from 2023 to 2024 highlights potential challenges in the vermicompost market in Maldives, calling for strategies to stimulate demand and enhance market competitiveness.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Vermicompost Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Vermicompost Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Vermicompost Market - Industry Life Cycle |
3.4 Maldives Vermicompost Market - Porter's Five Forces |
3.5 Maldives Vermicompost Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Vermicompost Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Vermicompost Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about organic farming practices and sustainability |
4.2.2 Government initiatives promoting the use of organic fertilizers |
4.2.3 Growing demand for chemical-free and eco-friendly agricultural products |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for vermicompost production |
4.3.2 Lack of infrastructure for large-scale vermicompost production |
4.3.3 Price sensitivity of farmers towards organic fertilizers |
5 Maldives Vermicompost Market Trends |
6 Maldives Vermicompost Market, By Types |
6.1 Maldives Vermicompost Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Vermicompost Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Vermicompost Market Revenues & Volume, By Worm Casting, 2021- 2031F |
6.1.4 Maldives Vermicompost Market Revenues & Volume, By Worm Tea, 2021- 2031F |
6.1.5 Maldives Vermicompost Market Revenues & Volume, By Worm Compost, 2021- 2031F |
6.1.6 Maldives Vermicompost Market Revenues & Volume, By Vermiwash, 2021- 2031F |
6.1.7 Maldives Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Vermicompost Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Vermicompost Market Revenues & Volume, By Home Gardening, 2021- 2031F |
6.2.3 Maldives Vermicompost Market Revenues & Volume, By Landscaping, 2021- 2031F |
6.2.4 Maldives Vermicompost Market Revenues & Volume, By Golf Courses, 2021- 2031F |
6.2.5 Maldives Vermicompost Market Revenues & Volume, By Horticultural Industry, 2021- 2031F |
6.2.6 Maldives Vermicompost Market Revenues & Volume, By Agricultural farming, 2021- 2031F |
6.2.7 Maldives Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Vermicompost Market Import-Export Trade Statistics |
7.1 Maldives Vermicompost Market Export to Major Countries |
7.2 Maldives Vermicompost Market Imports from Major Countries |
8 Maldives Vermicompost Market Key Performance Indicators |
8.1 Percentage increase in adoption of organic farming practices in the Maldives |
8.2 Average yield improvement in crops using vermicompost |
8.3 Number of new vermicompost producers entering the market |
9 Maldives Vermicompost Market - Opportunity Assessment |
9.1 Maldives Vermicompost Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Vermicompost Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Vermicompost Market - Competitive Landscape |
10.1 Maldives Vermicompost Market Revenue Share, By Companies, 2024 |
10.2 Maldives Vermicompost Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |