Global Enriched Biochar Market Set for 8% Growth to 2033 Driven by European Sustainability Initiatives
• The global enriched biochar market is projected to grow from $60 million in 2023 to $129.53 million in 2033, an 8% CAGR.
• Europe is expected to dominate the market through 2033 due to strong sustainability commitments and government support.
• The agriculture segment accounted for 51% market share in 2023, valued at $30.60 million.
• Key growth drivers include growing use of biochar to improve soil health and retain nutrients and water.
• Major players include Bio365, Carbon Gold Ltd, CharGrow, Engrow Carbon Energy, Karr Group Co., SoilFixer, and Swiss Biochar GmbH.