The global earthworm powder market was valued at USD XX billion in 2022 and will reach USD XX billion by 2027, at a CAGR of XX during the forecasted period.
Earthworm powder is used for animal use, particularly for fish and poultry. Earthworm powder is prepared using red earthworms originating from North America. First, the skin and dirt are removed from the earthworm's digestive system. Then they are dried and crushed in a separate manufacturing process.
For a very long time, earthworms have been used as a feed supplement and a source of animal protein for chickens. Over the past few decades, interest in using earthworms to regulate waste has greatly increased. However, it's unclear if broiler pullets consuming earthworm powder in their feed run the danger of being exposed to heavy metals. The efficacy of feeding earthworm powder to broiler pullets was examined in this research.
Adequate levels of the inclusion of heavy metal-contaminated earthworm meals in the diet of poultry may cause the deposition of heavy metals in the poultry carcasses, which can then be transmitted to humans through consumption of the contaminated meat, according to the National Feed Hygiene Standard GB 13078-2001 of the People's Republic of China.
Market Drivers
The earthworm powder has vast advantages with surging demand for cattle feeding stuff and human health. In addition, earthworm powders are used to prepare skin care products with anti-aging and whitening effects.
The powder helps in booming muscular mass. Also, the earthworm powder increases the strength and stamina of robust and heavy dogs like watchdogs, sheepdogs, Rottweilers, Boxers, and bulldogs. In addition, animal bones become stronger and harder by consuming earthworm powder.
Since animals are compulsively drawn to feeds containing earthworm meal, they come to feed better, and waste is avoided. In addition, the earthworm meal also improves sexual performance, develops muscles, puts on weight, and makes provides more appetizing. Again, because of the animals' compulsive attraction to these feeds, waste is avoided. In other words, they get larger, prettier, stronger, and happier.
To increase immunity and enhance the digestive system quality, professionals have suggested giving earthworm powder to animals like frogs, snakes, fishes, shrimp, amphibians, and reptiles.
However, companies in a variety of industries are looking for ways to improve the efficiency and cost-effectiveness of their manufacturing operations. To do this, companies are increasingly relying on new technology to foster product innovation and efficiency. As a result, industry fragmentation is decreased, efficiency is increased, and the high cost of poor interoperability is decreased thanks to advanced technology. This expansion has been fueled by developments in several technologies, including AI, machine learning, big data, and IoT.
Market Restraints
However, people are changing to veganism which obstructs the earthworm powder market throughout the foreseen period.
Segmentation Analysis
The product type is categorized into 30% protein and 60% protein. 30% protein is used for small animals and fish. 60% of protein is for mammals and cattle.
Earthworm meal is made from processed worms raised for vermicomposting, a composting technique that turns food scraps like fruit and vegetables, animal waste, and mechanical residues into organic soil fertilizers for horticulture and agriculture known as wormcast (castings).
The earthworms, which are high in protein, are a result of vermicomposting. They can be used to feed agricultural animals, particularly chickens, pigs, and fish used in aquaculture. Rearing earthworms might help with feed/food competition and waste reduction. From a financial and energy perspective, it might be simpler to raise earthworms than insects because they can tolerate a wider variety of temperatures.
It is a necessary item for healthcare and medicine. Earthworms are used in numerous applications to treat a wide range of diseases. Oral usage of dry earthworm powder is recognized as a potent and effective treatment for easily penetrating blood circulation. In traditional Chinese medicine, the earthworm is associated with the Bladder, Liver, Lung, and Spleen meridians and has cold and salty properties. It can remove heat from the liver, the lungs, and the collateral channels.
Regional Analysis
Asia-Pacific is said to exhibit maximum growth from 2022-2027. This is because factors like the manufacturer's number are surging, and the demand for earthworm powder is rising. India and China are the most significant contributors to earthworm powder manufacturing.
In China and other Asian countries, earthworms are utilized for medical reasons. Earthworms are collected, killed, and their internal organs and viscera washed away. The worms can be used after drying. According to traditional Chinese medicine, the earthworm is associated with the Bladder, Liver, Lung, and Spleen meridians and possesses cold and salty properties. It can remove heat from the liver, the lungs, and the collateral channels.
Agricare Organic Farms Ltd., a premier exporter, manufacturer, and supplier of fodder and feed additives in India, was founded in 2003 in Ludhiana, Punjab. One of Trade India's verified and reputable sellers of listed goods is Agricare Organic Farms Ltd. Agricare Organic Farms Ltd. has built a solid reputation in the market with high-quality Earthworm Powder and other products because to their long experience in supplying and marketing Earthworm Powder.
North America is the second largest region in manufacturing earthworm powder. The United States and Canada are the most significant contributors in North America. The U.S is the largest manufacturer of earthworm powder throughout the region.
Europe is expected to witness profitable growth in the earthworm powder market. The UK, Germany, France, and others are the most significant contributors to Europe.
Major Key Players in the Earthworm Powder Market
The sudden coronavirus outbreak causes havoc in the world (COVID-19). The World Health Organization (WHO) has issued warnings about the infection and declared it a public health emergency. The virus has spread across numerous countries and has impacted millions of people. All the employees were asked to work from home in this awful situation.
The worldwide economy has been impacted by COVID-19, which has changed numerous enterprises. The agriculture sector has undergone an enormous transformation during the lockdown, which has impacted the farmers. The factories have stopped producing earthworm powders.
The supply chain and raw materials have been influenced by the pandemic, which has had an impact on global industrial production. The outbreak has had a serious effect on the worldwide industrial sector. As a result, companies are altering their supply chains, especially in industries that depend on imports.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1800
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com
Reports By Region