Escalating demand for biochar as livestock feed is one of the significant factors influencing the market growth.

Market Size – USD 1.45 billion in 2019, Market Growth - CAGR of 12.3%, Market Trends – Surging demand in greenhouse remediation

The global Biochar Market is expected to reach USD 3.67 Billion by 2027, according to a new report by Reports and Data. It finds usage as a feed additive and is considered beneficial for the improvement of feed efficiency, animal health, and environment for livestock housing. Livestock rearing is providing better growth prospects for the use of biochar. Animals ranging from earthworms to chickens and cattle, among others, show great interest in food when biochar is added to it. In the European Union, around 90.0% of the biochar is used to feed livestock, and remaining is used in applications, including spreading on agricultural land with manure. A direct application of the product in poultry rearing is the reduction and elimination of odors produced from poultry litter, especially ammonia. The strong positive electric charge of ammonia makes it corrosive and harmful to breathe. This chocking gas is released by bird droppings, making the air toxic and unhealthy to living beings.

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Top Leaders Operating in the Market are:

• Diacarbon Energy Inc.,
• Cool Planet Energy Systems Inc.,
• Agri-Tech Producers LLC,
• Biochar Products Inc.,
• Vega Biofuels Inc.,
• Phoenix Energy,
• Pacific Pyrolysis,
• The Biochar Company,
• Clean Biofuels BV,
• and Biochar Supreme LLC,
• among others.

Biochar Market Segmentation:

Based on Product Technology:

• Pyrolysis
• Gasification
• Others

Based on Application:

• Livestock
• Farming
• Others

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The report talks about the key competitors with regard to their market size, product portfolio, manufacturing and production capacity, profit margins, revenue generation, regional spread, and research and development activities. The report also discusses in detail the mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, corporate deals, and licensing agreements, and more. The report provides a comprehensive overview of the competitive landscape and regional spread.

The regional analysis offers a complete overview of the regional spread of the market along with production and consumption patterns, import/export, supply and demand dynamics, revenue contribution, trends and demands, and presence of prominent players in each region.

Regional Analysis Covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Further key findings from the report suggest

• By technology, pyrolysis contributed to the largest market share of around 75.0% in 2019. It is the most commonly used method for the production of biochar. In this method, the product is produced by the decomposing biomass thermo-chemically in the absence of oxygen at a temperature in the range of 350-700 °C.  The process discharges volatile end-products, whereas the carbon-rich solid and non-volatiles end-products are collected as biochar.
• By distribution channel, offline held a larger market share in 2019.  The biochar industry is very offline-intensive and witnesses transparency. The offline channel necessitates the requirement of substantial investment of time by the buyer and high selling costs, along with considerable knowledge of the market on the seller side.
• By application, farming contributed to the largest market share in 2019. The application of biochar for crop production is a feasible alternative that can improve the carbon sequestration rates in the soil, improve soil quality, and reduce farm waste. The product is considered to be beneficial in increasing conventional agricultural productivity and alleviate greenhouse gas emissions from agricultural soils.
• The market in the North American region dominated the market in 2019 and is likely to grow at a rate of 11.6% in the forecast period. The market dominance of the region is owing to a high consumption of meat and a growing inclination for organic food. Besides, high awareness about the benefits of the product in the region is driving the market growth,

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