Global organic farming market is expected to exhibit a CAGR of 10.41 % and expected to reach at 375.50 Billion during the forecast period (2023 to 2030).
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Coherent Industry Insights offers a encyclopedic research report on the Organic Farming Market, providing in-depth analysis of key factors and trends that will drive its future growth. The study encompasses the historical period of 2017-2022 as well as the projected year 2023-2030. Through a blend of qualitative and quantitative analysis, the report equips stakeholders with a comprehensive understanding of the Organic Farming Market and its significant dynamics.
Organic farming refers to a method of agricultural production that emphasizes the use of natural and sustainable practices to cultivate crops and raise livestock. It aims to minimize the use of synthetic inputs such as chemical fertilizers, pesticides, and genetically modified organisms (GMOs) while promoting ecological balance, biodiversity, and soil health. The organic farming market has been experiencing significant growth in recent years due to increasing consumer demand for organic products, growing awareness about the environmental and health benefits of organic farming, and supportive government policies.
Market Size and Growth:
The global organic farming market has been steadily expanding. According to a report by Coherent Market Insights, the Global organic farming market was valued at US$ 170.00 Billion in 2022 in terms of revenue, and is expected to exhibit a CAGR of 10.41 % and expected to reach at 375.50 Billion during the forecast period (2023 to 2030).
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Worldwide major and leading players within the market are:
★ Picks Organic Farm
★ Organic Farmers Co.
★ The Indian Organic Farmers Producer Company Limited (IOFPCL)
★ Bayer AG
★ Camson Bio Technologies Limited
★ ZUWA Organic Farms Pvt. Ltd among others
The titled segments and sub-section of the Organic Farming market are illuminated below:
Global Organic Farming Market, By Farming Type:
★ Pure Organic Farming
★ Integrated Organic Farming
Global Organic Farming Market, By Method:
★ Crop Diversity
★ Soil Management
★ Weed Management
★ Controlling Other Organisms
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🔸 Consumer Demand: Consumers are increasingly opting for organic products due to concerns about the potential negative impacts of conventional farming practices on the environment and personal health. Organic products are perceived as healthier, safer, and more environmentally friendly. Factors such as the rising disposable income, changing dietary preferences, and growing health consciousness are driving consumer demand for organic food and beverages.
🔸 Certification Standards: Organic farming practices are regulated by various certification standards and labels, which vary across countries and regions. These standards typically require adherence to specific criteria related to soil fertility management, pest and disease control, livestock rearing, and food processing. Common organic certification bodies include USDA Organic (United States), EU Organic (European Union), and JAS Organic (Japan).
🔸 Organic Crops: Organic farming encompasses a wide range of crops, including fruits, vegetables, grains, pulses, oilseeds, and spices. Some popular organic crops include organic apples, tomatoes, lettuce, spinach, strawberries, coffee, tea, rice, wheat, and corn.
🔸 Livestock and Dairy: Organic farming also extends to livestock production, including organic meat, poultry, eggs, and dairy products. Organic livestock is raised on organic feed, has access to outdoor areas, and is managed without the use of growth hormones or antibiotics.
🔸 Distribution Channels: Organic products are distributed through various channels, including supermarkets, specialty stores, farmers’ markets, online platforms, and direct sales from farms. The expansion of e-commerce has facilitated the accessibility and availability of organic products to consumers worldwide.
🔸Regional Market Trends: The organic farming market is growing globally, with significant regional variations. Europe holds the largest market share due to strict regulations and high consumer awareness. North America, particularly the United States, also has a significant organic farming market. Developing regions such as Asia-Pacific and Latin America are witnessing rapid growth due to increasing disposable income, changing dietary preferences, and government support.
🔸Challenges and Opportunities: While the organic farming market presents significant opportunities, it also faces challenges. These include higher production costs, limited availability of organic inputs, potential yield variations, and the need for education and training for farmers. However, technological advancements, research and development, and government initiatives to promote organic farming can help overcome these challenges.
🔸Sustainable Agriculture Movement: The organic farming market is part of a broader sustainable agriculture movement that promotes environmentally friendly and socially responsible farming practices. This movement encompasses various practices such as regenerative agriculture, agroecology, permaculture, and biodynamic farming, which share similar principles with organic farming.
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Table of Content:
✺ Executive Summary
● Market Overview
● Key Findings
● Market Size and Growth Trends
● Competitive Landscape
● Market Definition
● Research Methodology
● Data Sources
● Assumptions and Limitations
✺ Market Dynamics
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
✺ Organic Farming Market Segmentation
● By Product Type
● By Application
● By End-User
● By Geography
✺ Competitive Landscape
● Market Share Analysis
● Competitive Strategies
● Recent Developments
✺ Company Profiles
● Company A
● Company B
● Company C
● Company D
● Company E
✺ Future Outlook and Market Forecast
● Forecast Based on Innovation In Competitive Market
● Future Growth Opportunities
● Investment Opportunities and Recommendations
● List of Abbreviations
● Primary Research
● Secondary Research
● Data Triangulation
● Contact Us
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