Nigeria Vermicompost Market (2025-2031) | Value, Outlook, Share, Trends, Segmentation, Industry, Size & Revenue, Competitive Landscape, Forecast, Companies, Growth, Analysis
Market Forecast By Type (Worm Casting, Worm Tea, Worm Compost, Vermiwash, Others), By Application (Home Gardening, Landscaping, Golf Courses, Horticultural Industry, Agricultural farming, Others) And Competitive Landscape
| Product Code: ETC8637848 | 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 |
Nigeria Vermicompost Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Nigeria continued to rely on vermicompost imports, with top suppliers being Spain, China, India, Belgium, and the USA. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a negative Compound Annual Growth Rate (CAGR) of -0.36% from 2020 to 2024. However, there was a significant growth rate of 54.55% from 2023 to 2024, signaling potential opportunities for both suppliers and buyers in the Nigerian vermicompost market.
Key Highlights of the Report:
- Nigeria Vermicompost Market Outlook
- Market Size of Nigeria Vermicompost Market, 2024
- Forecast of Nigeria Vermicompost Market, 2031
- Historical Data and Forecast of Nigeria Vermicompost Revenues & Volume for the Period 2021- 2031
- Nigeria Vermicompost Market Trend Evolution
- Nigeria Vermicompost Market Drivers and Challenges
- Nigeria Vermicompost Price Trends
- Nigeria Vermicompost Porter's Five Forces
- Nigeria Vermicompost Industry Life Cycle
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Worm Casting for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Worm Tea for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Worm Compost for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Vermiwash for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Home Gardening for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Landscaping for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Golf Courses for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Horticultural Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Agricultural farming for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Vermicompost Market Revenues & Volume By Others for the Period 2021- 2031
- Nigeria Vermicompost Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Nigeria Vermicompost Top Companies Market Share
- Nigeria Vermicompost Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Vermicompost Company Profiles
- Nigeria Vermicompost Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Vermicompost Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Vermicompost Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Nigeria Vermicompost Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vermicompost Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vermicompost Market - Industry Life Cycle |
3.4 Nigeria Vermicompost Market - Porter's Five Forces |
3.5 Nigeria Vermicompost Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Vermicompost Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Vermicompost Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about organic farming practices in Nigeria |
4.2.2 Government initiatives promoting sustainable agriculture methods |
4.2.3 Growing demand for organic food products in the Nigerian market |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality vermicompost materials |
4.3.2 Lack of awareness among farmers about the benefits of vermicompost |
4.3.3 Price competitiveness with chemical fertilizers |
5 Nigeria Vermicompost Market Trends |
6 Nigeria Vermicompost Market, By Types |
6.1 Nigeria Vermicompost Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vermicompost Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Vermicompost Market Revenues & Volume, By Worm Casting, 2021- 2031F |
6.1.4 Nigeria Vermicompost Market Revenues & Volume, By Worm Tea, 2021- 2031F |
6.1.5 Nigeria Vermicompost Market Revenues & Volume, By Worm Compost, 2021- 2031F |
6.1.6 Nigeria Vermicompost Market Revenues & Volume, By Vermiwash, 2021- 2031F |
6.1.7 Nigeria Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Vermicompost Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vermicompost Market Revenues & Volume, By Home Gardening, 2021- 2031F |
6.2.3 Nigeria Vermicompost Market Revenues & Volume, By Landscaping, 2021- 2031F |
6.2.4 Nigeria Vermicompost Market Revenues & Volume, By Golf Courses, 2021- 2031F |
6.2.5 Nigeria Vermicompost Market Revenues & Volume, By Horticultural Industry, 2021- 2031F |
6.2.6 Nigeria Vermicompost Market Revenues & Volume, By Agricultural farming, 2021- 2031F |
6.2.7 Nigeria Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Vermicompost Market Import-Export Trade Statistics |
7.1 Nigeria Vermicompost Market Export to Major Countries |
7.2 Nigeria Vermicompost Market Imports from Major Countries |
8 Nigeria Vermicompost Market Key Performance Indicators |
8.1 Adoption rate of vermicompost in agricultural practices |
8.2 Number of vermicompost production facilities in Nigeria |
8.3 Percentage increase in organic farming acreage in the country |
9 Nigeria Vermicompost Market - Opportunity Assessment |
9.1 Nigeria Vermicompost Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Vermicompost Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Vermicompost Market - Competitive Landscape |
10.1 Nigeria Vermicompost Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vermicompost Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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