The size of the worldwide peat market was estimated at USD 1537.33 million in 2023, and it is anticipated that global peat revenue will increase at a compound annual growth rate (CAGR) of 4.22% between 2024 and 2030, reaching approximately USD 2053.80 million.


? Global Peat Market Growth ?

The Peat Market is expanding due to its increasing use in agriculture, horticulture, and energy production. Peat’s versatility as a soil conditioner and renewable energy source is driving its demand globally.

? Key Market Trends:

Rising use in organic farming and gardening
Growing interest in peat for energy production
Sustainable peat harvesting methods gaining traction
? Market Forecast: With its wide range of applications, the peat market is set to grow steadily, presenting opportunities for both traditional and eco-friendly industries.

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