Compost Turning Machine Market on Track to US$ 150 Mn by 2018-2028

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Compost Turning Machine Market

• March 2019

Report Id REP-GB-4061 Published On
March-2019 Category Industrial Automation and
Equipment
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Compost Turning Machine Market Analysis

• Compost Turning Machine Market is estimated to
  translate to a revenue of US 150 Mn by
  2018-2028 according to market forecast
• VALLEY COTTAGE, N.Y. -- Over 3,200 compost
  turning machines were sold globally, in 2018,
  which is likely to rise at a moderate pace in
  2019 and ahead. The compost turning machine
  market is foreseen to gather momentum in the near
  future, primarily driven by the increasing
  severity of waste management and soil quality
  management concerns.
• A new research report of Future Market Insights
  (FMI) tracks global compost turning machine
  market performance over 2018-2028 and analyzes
  the demand patterns of compost turning machine on
  the basis of various attributes such as product
  type, output capacity, end-use industries, and
  region.
• Drum type compost turner machine is likely to
  maintain a dominating market value share through
  2028, as indicated by the report. However,
  elevating face type compost turner machine that
  currently accounts for more than a third of the
  total market value, is projected to gain
  significant traction in the years to come. The
  report has attributed this growth to
  manufacturers focus on developing new
  technologies for compost turning machines as per
  the demand from different countries.

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Compost Turning Machine Market Analysis

• Increasing Concern about Food Waste Management
  Recycling Pushing Demand 
• Increasing frequency of environmental changes is
  compelling consumers to move towards food waste
  recycling machines. Moreover, there has been an
  increasing level of awareness about food wastage
  among consumers, which is highlighting the
  importance of food waste recycling machines. This
  is one of the primary boosters for the revenue
  growth of compost turning machine market.
  According to research, the household sector
  accounts for over half of the food wasted,
  particularly in developed countries. Such factors
  are more likely to elevate the demand for compost
  turning machines throughout the forecast period.
• Agriculture Industry Will Remain Significant
  End-use Segment in Compost Turning Machine Market
• The agricultural end use of compost turning
  machine is expected to be a highly influential
  segment in compost turning machine market,
  according to the report. FMI has attributed the
  maximum market value share of agricultural
  industry in compost turning machine market to the
  growing demand for compost for the maintenance of
  organic carbon content of soil, eventually
  improving the uptake of nutrients by soil. Also,
  these machines reduce the use of fuel consuming
  land preparation processes owing to improvement
  in soil health, further advocating the adoption
  of compost turning machines.

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Compost Turning Machine Market Analysis

• Developed Regional Markets for Compost Turning
  Machine to Hold Noteworthy Revenue Shares
• Agriculture industry in North America and Western
  Europe is heavily mechanized and commercialized.
  While agriculture is a major industry in both
  Canada and the US, the former has been one of the
  largest agricultural exporters and producers
  around the world. Moreover, highly developed
  agricultural practices in North America will
  provide endless opportunities to compost turner
  machine manufacturers during the forecast period.
• Compost turning machine market in fast
  progressing Asian countries such as India and
  China is also registering significant growth
  owing to stringent government regulations that
  are likely to promote the use of these equipment
  in food manufacturing plants.
• Global Compost Turning Machine Market
  Competitive Landscape
• Some of the players profiled in the global
  compost turning machine market report include
  Terex Corporation, Vermeer Corporation,
  Eaggersman AG, Scarab International, Midwest
  Bio-Systems, Inc., Brown Bear Corporation,
  EarthSaver Equipment Inc., Komptech Group,
  Frontier Industrial Corporation, Alliance
  Fertilizer Machinery, HCL Machine Works, and Blue
  Group among others. Manufacturers are likely to
  maintain the focus on product technology
  innovations for sustained market value shares in
  the compost turning machine landscape.

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Compost Turning Machine Market Analysis

• Press-release Source - https//www.globenewswire.c
  om/news-release/2019/03/27/1774011/0/en/Compost-Tu
  rning-Machine-Market-to-Grow-US-150-Million-by-202
  8-Future-Market-Insights.html
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  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

8
Compost Turning Machine Market Analysis

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