Covina, United States: Global Organic Farming Market, By Farming Type (Pure Organic Farming and Integrated Organic Farming), By Method (Crop Diversity, Weed Management, Soil management and Controlling Other Organisms) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2029
Organic Farming Market Outlook
- Market Value 2020: US$ 95.38 Bn
- Market Value Estimation 2030: US$ 45 Bn
- CAGR: 8.3%
An agricultural practise known as “Organic Farming” forgoes or minimises the use of synthetic inputs such fertilisers, pesticides, feed additives, genetically modified organisms, hormones, and antibiotics in the production of crops and livestock. Traditional farming techniques based on naturally occurring biological processes are combined with modern technology and ecological science in organic farming approaches. Compared to other types of agriculture, organic farming increases soil fertility, combats soil erosion, and lowers greenhouse gas emissions. Systems for soil conservation and integrated pest and weed management are useful tools for organic farms. In completely organic farming, the farmer exclusively employs organic pesticides and manures.
Top News relating to Industry, Innovation:
- In September 2021 – Professor Jayashankar Telangana State Agricultural University (PJTSAU) in collaboration with Association of Indian Organic Industry (AIOI) launched an online organic agriculture course.
- In June 2021 – Entrepreneur Sajan Raj Kurup has launched Saintfarm Agro LLP, an end-to-end e-commerce venture focused on organic and sustainable food. The firm is engaged in organic farming, processing, agri-tech, R&D, exports and online retailing.
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Key Segmentation of the Organic Farming market:
Global Organic Farming Market accounted for US$ 95.38 billion in 2020 and is estimated to be US$ 209.45 billion by 2030 and is anticipated to register a CAGR of 8.3%. Global Organic Farming is segmented into farming type, method and region.
- Based on Farming Type, the Global Organic Farming Market is segmented into Pure Organic Farming and Integrated Organic Farming.
- Based on Method, the Global Organic Farming Market is segmented into Crop Diversity, Weed Management, Soil management and Controlling Other Organisms.
- By Region, the Global Organic Farming Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Organic Farming Market Report mentions the following promising regions:
- North America- U.S., Canada
- Europe- UK, Germany, Spain, France, Italy, Russia, Rest of Europe
- Asia Pacific- Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
- Latin America- Brazil, Mexico, Argentina, Rest of Latin America
- Middle East & Africa- South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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Top-tier significant players:
The prominent player operating in the global Organic Farming market includes Indian Organic Farmers Producer Company (IOFPC), Organic Farmers Co., Bayer AG, Camson Bio Technologies Limited, ZUWA Organic Farms Pvt. Ltd., United Natural Foods INC., General Mills Inc., Stony field Farm, Inc., and Aurora Organic Dairy.
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- The market power of consumers and suppliers is demonstrated via Porter’s five forces study.
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