Peat Market

Global Peat Market Overview

Peat Market Size is projected to grow USD 3.96 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.55% during the forecast period (2023 - 2032). Growing adoption across food & agriculture sector and  horticulture are the key market drivers enhancing the market growth.

Key Companies in the Peat market include

• Lambert Peat Moss (Canada)
• Oulun Energia OY (Finland)
• Global Peat Ltd (Latvia)
• Jiffy Products International B.V. (Norway)
• Klasmann-Deilmann GmbH (Germany)
• T & J Enterprises (India)
• Vapo Group (Finland)
• Cocogreen (Sri Lanka)
• Elva E.P.T. Ltd (Estonia)
• Bord na Mona (Ireland)
• Peat Land Ukraine LLC (Ukraine)
• Globalcoirs (India)
• Stender AG (Germany)

Peat Industry Developments

April 2022: Neova introduces a DNA barrier accelerator designed to restore skin while acting as a protective barrier against damage symptoms. This potent blend shields the skin, promotes repair, locks in moisture, and soothes the skin.

November 2022: Sun Gro Horticulture, a leading North American company specializing in the development and sale of growth media products, announced a deal to cultivate and harvest bogs on EPMS property.

November 2021: Suntory Holdings and Beam Suntory, renowned producers of Teacher's, Laphroaig, and Bowmore Scotch whiskies, unveil the launch of a new Peatland Water Sanctuary initiative.

Peat Market Segmentation

Peat Type Outlook (USD Billion, 2018-2032)

• Coco peat
• Sod peat
• Others

Peat, Material Type Outlook (USD Billion, 2018-2032)

• Fabric
• Hemic
• Sapric
• Others

Peat Application Outlook (USD Billion, 2018-2032)

• Agriculture
• Fuel & energy
• Others

Peat Regional Outlook

• North America
• US
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America