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Manufacturing of Vermicompost and Organic Manure

Manufacturing of Vermicompost and Organic Manure

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs

Description:

Manufacturing of Vermicompost and Organic Manure. Profitable Investment in Organic Natural Plant Nutrient Industry.

Vermicompost

Vermicompost is the product of the decomposition process using various species of worms, usually red wigglers, white worms, and other earthworms, to create a mixture of decomposing vegetable or food waste, bedding materials, and vermicast. Vermicast is the end-product of the breakdown of organic matter by earthworms. Vermicomposting is a type of composting in which certain species of earthworms are used to enhance the process of organic waste conversion and produce a better end-product.

Vermicompost, or castings, is worm manure. Worm castings are considered by many in horticulture to be one of the best soil amendments available. The nutrient content of castings is depends on the material fed to the worms--and worms commonly feed on highly nutritious materials, such as food waste and manures. Vermicompost (vermi-compost, permaculture) is the product of the decomposition process using which is used to remove organic matter, pathogens and oxygen demand from wastewater or directly from black water of flush toilets.

Vermicompost is the product of the composting process using various species of worms, usually red wigglers, white worms, and other earthworms, to create a heterogeneous mixture of decomposing vegetable or food waste, bedding materials, and vermicast, also called worm castings, worm humus or worm manure, is the end-product of the breakdown of organic matter by an earthworm. These castings have been shown to contain reduced levels of contaminants and a higher saturation of nutrients than do organic materials before vermicomposting. Vermicompost, or vermiculture, most often uses two species of worms. Type of Vermicompost: - Africa Night Crwlers Vermicomposting, Lumbricus Rebellus Vermicomposting, Others.

Vermicompost is the end-product of the breakdown of organic matter by some species of earthworm. Vermicompost is a nutrient-rich, organic fertilizer and soil conditioner. The process of producing vermicompost is called vermicomposting. It is the excreta of earthworm, which is rich in humus. Earthworms eat cow dung or farm yard manure along with other farm wastes and pass it through their body and in the process convert it into vermicomposting.

Organic Manure

Organic fertilizers are fertilizers derived from animal matter, animal excreta (manure), human excreta, and vegetable matter (e.g. compost and crop residues). Naturally occurring organic fertilizers include animal wastes from meat processing, peat, manure, slurry, and guano. Organic manures are natural products used by farmers to provide food (plant nutrients) for the crop plants. There are a number of organic manures like farmyard manure, green manures, compost prepared from crop residues and other farm wastes, vermicompost, oil cakes, and biological wastes – animal bones, slaughter house refuse.

Organic fertilizer is a mixture of decayed organic matter. It is usually made by gathering plant material such as leaves, grass clippings, and vegetable peels and animal waste into a pile or bin and letting it decompose with the help of earthworms, fungi or bacteria.

There are three types of organic manure animal, green, and wood ashes. Using some of each will give your garden the best possible soil and grow the best vegetables.

Related Projects: - Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer)

Uses

The use of organic-based fertilizers in sustainable agriculture benefits farmers, growers, consumers and the environment in many ways. As empirically demonstrated, organic-based fertilizers help to:-

v  boost both nutrient efficiency and organic matter content in the soil

v  nurture the soil with organic matter that reduces dependency on chemical inputs

v  restore and maintain soil fertility to nurture plant growth

v  enhance the biological activity and biodiversity of soils

v  enhance the quality attributes of produce as well as yield

v  improve the efficiency of nutrient use to produce more robust crops

v  facilitate the slow release of nutrients in response to the dynamic needs of plants

v  boost the efficiency of water use to render crops more resilient and drought-resistant

v  Reduce the impact of farming and safeguard ecosystems by minimizing leaching.

v  Enhance crop resistance to erosion by improving the soil’s organic matter content.

v  Improve the efficiency of resource use by incorporating natural raw materials.

Advantages:-

Ø  Soil Structure

Ø  Microbes Thrive

Ø  Sustainable and Environmentally Friendly

Ø  Reduce Fertilizers and Pesticides

Ø  Plant Damage Threat Avoided

Ø  Vermicompost is rich in all essential plant nutrients.

Ø  Provides excellent effect on overall plant growth, encourages the growth of new Shoots / leaves and improves the quality and shelf life of the produce.

Market Outlook

 Rising demand from agriculture farming for vermicompost is majorly driving the overall growth of this market. However, high maintenance expense under study period is limiting the growth of this market. High demand from several sectors such as home gardening and horticultural industry is anticipated to boost growth of this market in near future. Vermicompost, or vermiculture, most often uses two species of worms: Red Wigglers or Eudrilus eugenae rarely found in soil and are adapted to the special conditions in rotting vegetation, compost and manure piles.

Vermicompost industry has much fragmented, manufacturers are mostly in the India and Southeast Asia. Among them, India Production value accounted for less than 9.50% of the total value of global Vermicompost.

Global organic fertilizers market is expected to flourish at a CAGR of 6.9% during the forecast period. Further, the global organic fertilizers market is anticipated to reach at a valuation of USD 6.3 Billion by the end of 2024 from USD 3.1 Billion in 2016. Rising awareness about the long term benefit of organic farming and increasing adoption of eco-friendly products is anticipated to drive the growth of the global organic fertilizers market.

Asia Pacific market of organic fertilizers is estimated to be the fastest growing market across the globe due to high availability of raw materials. Further, favorable government subsidy policies are envisioned to bolster the growth of organic fertilizers market in Asia Pacific region. Rise in demand and adoption of environment friendly agricultural products is expected to drive the global organic fertilizers market. Apart from this, rapid development of new organic fertilizer producing high yield crops is also envisioned to bolster the growth of global organic fertilizers market. Further, increasing farm area under organic cultivation is expected to garner the growth of global organic fertilizers market. Moreover, government is encouraging the adoption of organic fertilizers in various nations. Government has launched incentive and reimbursement programs. This factor is expected to positively impact the growth of the global organic fertilizers market.

In contrast, lack of awareness about the benefits of organic fertilizers among farmers is expected to hamper the growth of global organic fertilizers market. Moreover, high adoption rate of chemical fertilizers over organic fertilizers is restraining the development of global organic fertilizers market.  

As consumers today are inclined towards clean labels and seeking transparency in everything they consume, organic has emerged as a promising approach to address these concerns. In light of these beneficial aspects of organic approaches and after gauging the futuristic opportunistic value of organic fertilizers, in its latest business intelligence, assesses how eco-friendly fertilizers are altering the big picture of farming, thereby shaping the gain prospects of organic fertilizer market. Organic farming, composed of organic fertilizers as an integral virtue, continues to remain a lucrative bet for the expanding agricultural industry, in line with growing organic food appeal to consumers as a healthy and ethical choice. Beyond ethics, organic fertilizers are gaining significant traction on account of numerous environmental benefits, such as enhanced soil structure and water conservation. Growing awareness among farmers about the nutritional benefits of plant based and animal based fertilizers and their role in promoting growth of earthworm and other microbiological activities vital for plant growth are fueling adoption of organic fertilizers. Animal based organic fertilizers are garnering significant traction over plant based variants owing to their good aeration and water retention capabilities that enhance the soil fertility.

Government and environmental policies minimizing wastage and reduction in the consumption of non-biodegradable raw materials has led to an increased production of organic fertilizers. Regulations are also emphasizing more on human safety, so are supporting markets like organic fertilizers to reduce risk to human life and the environment.

The organic fertilizers market is dependent upon the weather (rains/water supply) of that region or area; hence, weather conditions can hamper the growth of organic fertilizer market. Another concern with organic fertilizers is that a majority of them have lesser nutrient ratio than chemical fertilizers, which can massively impact farm produce.

Based on crop organic fertilizers market is bifurcated as oilseeds & pulses, fruits & vegetables and cereals & grains. Technological advancement along with development in refrigerated transport facilities and cold chains has stimulated the fruits & vegetables industry growth. Rapid growth in natural cereals & grains demand enhancing necessity for biological farming in limited arable land will drive the product demand. Increasing awareness pertaining to environmental effects of synthetic agricultural inputs coupled with increasing consumer preference for natural based products will propel business growth. Growing adoption of sustainable farming practices particularly in Spain, France, Germany, and Italy owing to increasing health, safety and environmental concerns will drive industry demand.

Fertilizers are chemical or natural substances which are added to the soil or land to increase fertility. Organic fertilizers are fertilizers extracted from animal manure, plant extracts as well as minerals and vegetable matter. Since organic fertilizers are derived from natural substances, damage to the environment is the least of concerns. Organic fertilizers are rich in growth hormones and micro nutrients and help to reduce the risk of diseases in humans, as they are used in human food also. Due to depletion of soil quality, use of fertilizers is being propelled to help farmers to increase crop production. The surge in crop acreage and requirement to increase crop production is encouraging farmers to use organic fertilizers. Organic fertilizers are selected according to the requirement of the nutrients by the crop. They have gained status globally, as they help in increasing the quantity as well as improve the quality produced. Increasing population, as well as their increasing willingness to pay for organic foods, are key drivers for the market.

Related Books: - Biofertilizer, Biofertiliser, Biogas, Organic Farming, Vermicompost,

Applications

Ø  Landscaping

Ø  Golf Courses

Ø  Home Gardening

Ø  Horticultural Industry

Ø  Home improvement centers

Ø  Nurseries

Ø  Landscape contractors

Ø  Greenhouses

Ø  Garden supply stores

Ø  Grocery chains

Ø  Flower shops

Ø  Discount houses

Ø  General public

Ø  Cereals & Grains

Ø  Oilseeds & Pulses

Ø  Fruits & Vegetables

Key Players:-

 

 

SLO County Worm Farm, Suman Vermi Compost, MyNOKE, Davo's Worm Farms, NutriSoil, Dirt Dynasty, Kahariam Realty and Farms, Worm Power and Sri Gayathri Biotec, Davo’s Worm Farms, Fertikal N.V., Multiplex Group, Gujarat Bio Organics Pvt. Ltd., Walt's Organic Fertilizer, BioSTAR Organics, California Organic Fertilizers, Madras Fertilizers Limited, Scotts Miracle-Gro., Tata Chemicals Ltd. (India), Midwestern BioAg  (U.S.), Coromandel International Limited (India), Agrocare Canada (Canada), Italpollina S.p.A. (Italy), The Scotts Miracle-Gro Company (U.S.), Suståne Natural Fertilizer, Inc. (U.S.)

 

For More Details, Click Here: https://niir.org/profile-project-reports/profiles/biotechnology-bio-technology-industrial-biotechnology-biotech-sector-industry-biotech-projects-enzymes-papain-phytase-lipase-enzyme-food-biotechnology-industrial-enzymes-vermiculture-vermicompost-biofertilizer-organic-farming-biogas/z,,2d,0,a/index.html

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Tags

#vermicompost #worms #OrganicManure #organicfarming #fertilizerindustry #wastewaterindustry #AgricultureIndustry #Agriculture #projectreport #DetailedProjectReport #businessconsultant #businessfeasibilityreport #BusinessPlan #naturalfertilizer #organic #AgricultureWaste #SolidWaste #OrganicFertilizers #fertilizerindustry #fertilizerbusiness #earthworm #biofertilizer #farmbusiness #vermicompostingproject #vermicompostfertilizer #vermicompostcomposition

 

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Ø  Introduction

·         Project Introduction

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·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

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Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

   •     Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR