Global Earthworm Powder Market Size By Product Type, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Earthworm Powder Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
The rapid increase in interest in general health and wellbeing among consumers across the globe coupled with the quest to find protein-rich fodder for animals are a few of the critical market trend drivers and trends fueling the growth of the market. The Global Earthworm Powder Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Earthworm Powder Market Definition
So, to make Earthworm Powder, we basically take earthworms, give them a good clean, and grind them up! First, the little guys get a sunbath for 10 to 50 hours to dry out a bit. Then, we use organic acid – kind of like a spa treatment – to clean their skin and insides. We keep the water acidic (pH of 2 to 5) during this process and let it all sit for a while (3 to 180 minutes). After that, it's grinding time, turning them into a paste. Finally, we freeze-dry the paste in a vacuum – fancy, right? – to get the powder. And guess what? Earthworm powder is becoming super popular because it's supposed to be good for both people and cattle!
Global Earthworm Powder Market Overview
Earthworm powder is known to have beneficial effects for human use. The ingredients that are removed from dry earthworm powder can be used in skincare products. These ingredients are known to have whitening and anti-aging effects. They are also known to cure eczema and athlete’s foot.
Earthworm powder contains amino acids and fatty acids and is therefore considered an excellent substitute for protein for animals. It stimulates muscle development, encourages weight gain, enhances sexuality, and boosts appetite in animals. Therefore, it is considered excellent fodder for aquamarine fishes, cattle, and birds. These factors can prove as a market driver for Earthworm Powder Market.
However, the shift of people towards vegetarianism and veganism can act as a market restraint. In addition to this, animal rights activists and wildlife experts might not necessarily approve of subjecting earthworms to this process as they are really helpful in farming as well. It also has to be taken care that the earthworms aren’t left in the acidic solution for too long or their beneficial features and secretions will be eroded by the acid.
Global Earthworm Powder Market Segmentation Analysis
The Global Earthworm Powder Market is Segmented on the basis of Product Type, Application, And Geography.
Based on Product Type, the market is bifurcated into 30% Protein and 60% Protein sectors. 30% Protein is preferred for fishes and smaller animals whereas 60% protein is preferred for cattle and mammals.
Earthworm Powder Market, By Application
• Pharmaceutical Field• Health Care Products
Based on Application, the market is divided into the Pharmaceutical Fields and Health Care Products. It is a critical product for animal healthcare and medicines.
Earthworm Powder Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Regional Analysis, the Global Earthworm Powder Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific region is expected to witness maximum growth. The driving factors can be an increasing number of manufacturers and increased demand for earthworm powder.
Key Players In Earthworm Powder Market
The “Global Earthworm Powder Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Kiryu, Taj Agro International, Allearthworms Bio-Tech, Anphu Earthworm, XABC Biotech, Peilin Biological, and Viet Delta Industrial Company.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Earthworm Powder Market Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
KEY COMPANIES PROFILED
Kiryu, Taj Agro International, Allearthworms Bio-Tech, Anphu Earthworm, XABC Biotech, Peilin Biological, and Viet Delta Industrial Company.
SEGMENTS COVERED
By Product Type
By Application
By Geography
CUSTOMIZATION SCOPE
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