Global Earthworm Powder Market Size By Product Type, By Application, By Geographic Scope And Forecast

Earthworm Powder Market Size And Forecast

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

Earthworm Powder is derived from crushing earthworms into fine powder after treating them to remove the dirt from their skins and tracts. For this, the live earthworms are first left to dry in the sun for 10-50 hours. Then organic acid is added to the live earthworms to clean their exterior skin and digestive tracts. Water is continuously added to the mixture to maintain a pH of 2 to 5. The mixture is allowed to stand for 3 – 180 minutes and then ground into a paste. The paste obtained is then freeze-dried under vacuum conditions. Earthworm powder is facing an increase in demand owing to the benefits that it has for human health as well as for cattle fodder.

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.

Earthworm Powder Market, By Product Type

• 30% Protein• 60% Protein

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

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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