The Biochar Value Chain
Biochar Market Data
Global Market Value in 2022
> 200 Million USD
Current Global Market Value
> USD 240 Million
Forecast Period Between 2022 to 2032 (CAGR)
Estimated Global Market Value by 2027
> 500 million USD
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Biochar market demonstrates a steady, positive increase due to consumer demand and preferences
According to Global Market Stats and Figures, the biochar market demonstrates a steady, positive increase due to consumer demand and preferences. In fact, a recent report by Precedence Research confirms this by stating that the global biochar market was valued at over 200 million USD in 2022.
It is expected to demonstrate an upward trajectory, hitting around the value of 500 million USD by 2030.
VALUE in 2022 IN MILLIONS US Dollars
EXPECTED VALUE by 2025 IN MILLIONS US Dollars
Opportunities in the Biochar Value Chain
Conventional farm practices have damaged our soils, crippling the farmers ability to produce healthy crops in large quantities. Their current state is further worsened by the unpredictable weather patterns caused by climate change. Farmers lack access to organic fertilizers such as biochar to help heal their degraded soils, presenting an urgent problem that we can solve.
Akili is already involved in the production and experimentation of biochar, with its effectiveness in enriching degraded soil already proven. Other than creating valuable organic fertilizers for our farmers, biochar is a valuable commodity in earning carbon credits. Additionally, it creates opportunities through setting up biochar production centers and training programs, production of biochar research papers and manuals, biochar- based water filters, etc
In the international coffee market, Kenyan coffee often commands premium prices due to its quality, and it is highly sought after by specialty coffee roasters and consumers worldwide. Hence, it remains a significant player in the global coffee industry, earning a name as one of the top producers in the specialty coffee market.
What are the challenges that pepper this landscape?
Challenges play a significant role in its consistent, quality production and reception of the same. More specifically, developing effective and efficient pyrolysis technologies to produce high quantities of quality biochar can be challenging due to lack of funding. Effective distribution in rural areas tends to be a logistical nightmare due to poor infrastructure, with the lack of awareness among farmers and landowners coming up as an issue in need of tackling during this process.
Invest in the Biochar Revolution!
The biochar value chain offers a multitude of advantages for smallholder farmers. By providing them with access to organic fertilizers that enhance soil health, increase crop yields, and reduce soil erosion, biochar becomes a powerful tool for improving their lives. Additionally, it aids in waste reduction and proper management. Investing in this initiative goes beyond supporting farmers; it’s also a vital step in contributing to climate mitigation efforts.
Join us in the biochar revolution. Your investment has the potential to transform the livelihoods of smallholder farmers while making a meaningful impact on our planet’s health. Invest in biochar and invest in a sustainable future.