Nutrient Recycling Market, By Type (Gaseous Cycle, Sedimentary Cycle, Hydrological Cycle), By Method (Bio Composting, Anaerobic Digestion, Nutrient Recovery from Wastewater, Cover Cropping and Mulching, Aquaponics, Others), By Application (Wastewater Treatment, Food Waste Management, Biogas Production, Forestry Residue, Biobased Fertilizer, Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Nov 2023

Code : CMI5972

Pages :154

Formats :

Excel and PDF

Industry : Agrochemicals

Nutrient Recycling MarketSize and Trends

Global nutrient recycling market size is expected to be valued at US$ 4.98 Bn in 2023, and is expected to reach US$ 7.43 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030

Global Nutrient Recycling Market- Trends

Growing emphasis on circular economy: The concept of the circular economy that aims to reduce waste and maximize resource efficiency is gaining traction in the global nutrient recycling market. Nutrient recycling aligns with the principles of the circular economy by recovering and reusing valuable nutrients from waste streams. This trend boosts adoption of nutrient recovery technologies and the development of closed-loop nutrient management systems. For instance in March 2022, The World Economic Forum outlined 21 ways to change how we consume, keep and discard things to help build a circular economy
Integration of digital technologies: Digitalization and the integration of technologies such as sensors, data analytics, and automation are transforming nutrient recycling processes. These technologies enable real-time monitoring of nutrient levels, optimization of nutrient recovery processes, and precise nutrient application in agricultural settings. Digital solutions enhance efficiency, reduce costs, and improve the overall effectiveness of nutrient recycling practices. For instance, U.S. Agency for International Development's Digital Government initiative supports governments to use digital tools responsibly for coordinated, efficient, resilient, responsive, accountable, and transparent governance.
Expansion of decentralized nutrient recycling systems: Traditional centralized nutrient recycling systems are being complemented by decentralized approaches. Decentralized systems, such as on-farm anaerobic digesters and small-scale composting units, offer localized nutrient recycling solutions and reduce transportation costs and environmental impacts. These systems cater to specific agricultural, industrial, or community needs and promote regional self-sufficiency in nutrient management. For instance in 2021, The Environmental Protection Agency published a report on alternative decentralized and centralized wastewater treatment technology
Innovation in nutrient recovery technologies: There is ongoing innovation in nutrient recovery technologies, which leading to the development of more efficient and scalable solutions. For instance, in 2021, U.S. Environmental Protection Agency (EPA) published a report titled "Innovative Nutrient Removal Technologies: Case Studies of Intensified or Enhanced Treatment" advances in anaerobic digestion, membrane filtration, and chemical precipitation techniques are improving nutrient recovery rates and the quality of recycled products. These innovations enhance the economic viability and environmental performance of nutrient recycling processes.