Biochar Market: Global Industry Analysis and Forecast (2024-2030)

Manasi28 Jun, 2024Business

Biochar Market size was valued at US$ 253.29 Mn in 2023 and the total Biochar Market revenue is expected to grow at 14% from 2024 to 2030, reaching nearly US$ 633.80 Mn. A form of charcoal known as "biochar" is produced primarily by pyrolyzing biomass in an oxygen-free environment. It is a carbon-rich, sustainable solid material that is frequently applied as a soil supplement to improve crop output, plant growth, and soil quality. Additionally, it is utilized as a primary animal feed supplement to increase the efficiency of cattle's nutrient intake, blood values, and digestion (cows and goats).

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