Future of Biochar Market Along with Key Drivers, Business Insights, Trends and Forecast 2023
The Global Biochar Market size is expected to grow from USD 1.13 billion in 2022 to USD 2.92 billion by 2030, at a CAGR of 12.6% during the forecast period (2023-2030).
Soil is the main source and an abode for many nutrients and microflora that are required for the growth of crops. Ever-increasing population and excessive addition of chemical fertilizers have resulted in rapid depletion of agricultural areas and soil quality thus, promoting the need for sustainable approaches in agricultural crop production.