According to Stratistics MRC, the Global Nutrient Recovery System Market is accounted for $670 million in 2023 and is expected to reach $1224.78 million by 2030 growing at a CAGR of 9.0% during the forecast period.

A nutrient recovery system (NRS) is a technology designed to reclaim and reuse nutrients from various waste streams, such as agricultural runoff, wastewater, and organic residues. By employing advanced filtration, precipitation, and extraction techniques, NRS enables the extraction of valuable nutrients like nitrogen, phosphorus, and potassium, which are essential for plant growth. These nutrients can then be repurposed for agricultural fertilizers, reducing reliance on synthetic fertilizers and minimizing environmental pollution. This innovative system holds promise for mitigating nutrient imbalances, enhancing soil fertility, and fostering more eco-friendly agricultural practices.

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The Asia-Pacific region has experienced significant growth in the nutrient recovery system market due to urbanization and industrialization, driving the demand for efficient nutrient management solutions. Governments and organizations in the region are incentivizing sustainable practices. Moreover, the region’s burgeoning population necessitates higher agricultural productivity, creating a favorable environment for the adoption of nutrient recovery solutions. With expanding economies and growing agricultural sectors, the Asia-Pacific region is poised to continue witnessing robust growth in the nutrient recovery system market.

Some of the key players in Nutrient Recovery System market include Alfa Laval, Black & Veatch Holding Company, Centrisys , Clearas Water Recovery, Inc., DVO Inc, Ostara Nutrient Recovery Technologies Inc., Paques BV, Royal Haskoning DHV, Trident Processes LLC  and Veolia Water Technologies.

Key Developments:

In January 2024, Paques Biomaterials has raised €14 million in funding to produce a biopolymer “that has the advantages of plastic but not the disadvantages.” Among the investors are Invest-NL and the Northern Development Company NOM.

In October 2023, Associated British Ports (ABP) has appointed Mott MacDonald and Royal Haskoning DHV to develop and design the masterplan for the planned Port of Talbot redevelopment. The two firms will complete a series of reports on the port at Port Talbot’s design, including the development of a detailed masterplan building on the previous ABP Wales Future Vision.

What our report offers:
– Market share assessments for the regional and country-level segments

– Strategic recommendations for the new entrants

– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

– Strategic recommendations in key business segments based on the market estimations

– Competitive landscaping mapping the key common trends

– Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements

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