Biochar Market Is Expected To Reach USD 3.1 Billion By 2025 : Grand View Research Inc.
San Francisco, 30 April 2019: The Report Biochar Market Size, Share & Trends Analysis Report By Technology (Gasification, Pyrolysis), By Application (Agriculture (Farming, Livestock)), By Region, And Segment Forecasts, 2019 – 2025 The global Biochar Market size is estimated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc.. It is expected to expand at a CAGR of 13.2% over the forecast period. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand. Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse