Agriculture Industry Overview

Genetically Modified Crops Market Definition

The genetically modified crops market consists of sales of genetically modified crops by entities (organizations, sole traders, and partnerships) that are engaged in producing genetically modified crops such as soybean, cotton, maize, oilseed rape, and others. The companies producing genetically modified crops usually sell genetically modified seeds, made in laboratories, to the farmers/corporate farming companies. Only goods and services traded between entities or sold to end consumers are included. The genetically modified crops market covered in this report includes sales of genetically modified crops by traits such as herbicide tolerance, insect resistance, and stacked traits. The market covered in this report also includes sales of genetically modified crops, segmented by crop into soybean, cotton, maize, oilseed rape, tobacco, and others.

The commercial greenhouse market consists of sales of greenhouse solutions and structures by entities (organizations, sole traders, and partnerships) that are engaged in the production of various automation solutions for greenhouses. Commercial greenhouses are becoming increasingly common as a modern type of agricultural technique used for the production of fruits, berries, and nursery crops.

The main types of commercial greenhouses are glass greenhouse, plastic greenhouse. Glass greenhouses are a beautiful and glazing option and offer advantages such as better looks, flame-resistant, the maximum amount of natural light for plants, long-lasting, and easy to replace. Plastic or polycarbonate glazing is a premium choice for growers living in all kinds of climates and offers benefits such as light-weight, durability, and low maintenance. The equipment used in commercial greenhouses includes cooling systems, heating systems, others. Commercial greenhouses are used for the cultivation of various crops such as fruits, vegetables, flowers & ornamentals, nursery crops, others.

The commercial greenhouse market is expected to grow from $24.09 billion in 2020 to $26.60 billion in 2021 at a compound annual growth rate (CAGR) of 10.42%. The growth in the commercial greenhouse market is mainly due to rapid urbanization and low availability of arable land along with increasing demand for food due to the growing population. The market is expected to reach $38.27 billion in 2025 at a CAGR of 9.52%.

Increasing population and low availability of arable land are the key factors for the growth of the commercial greenhouse market. The vine seed production in greenhouse farming is more than double that of conventional cultivation attributing to regulated media and environmental conditions. According to a study published in 2019, the world's population will grow to 8.6 billion in 2030 and 9.8 billion in 2050, and food demand for world cereal equivalent (CE) food is expected to be around 10,094 million tons in 2030 and 14,886 million tons in 2050. Moreover, global food demand is estimated to have increased by 70% by the end of 2050. As a result, current arable land is under pressure to grow more food by using soil treatment devices. Thus, the situation of increasing food demand and decreasing arable land is expected to boost the growth of the commercial greenhouse market which provides better harvest both in terms of quality and quantity than the traditional methods.

Technological innovations such as artificial intelligence, automated irrigation systems, pH sensors, and climate control software are key trends gaining popularity in the commercial greenhouse market. Indoor farmers can use artificial intelligence, automatic irrigation systems, pH cameras, and climate change tools to solve problems including disease prevention and pest management. For instance, in 2019, US based precision agriculture company, iUNU came up with LUNA, an optical scanner system operated by iUNU, a US-based organization that constantly captures imagery in greenhouses and analyses visual data from growth cycles. The program is capable of recognizing stable crops and alerting farmers as issues arise. Also, companies such as AppHarvest and Kentucky Fresh Harvest offer high-tech greenhouses which help to increase yield and improve harvest quality.

In March 2020, Israel based Netafim, a company providing agriculture technology acquired Gakon Horticultural Projects, a Dutch greenhouse firm, for an undisclosed amount. The deal brings together Netafim's global footprint and precision agriculture experience with Gakon's greenhouse technology. The businesses will be able to extend their extensive greenhouse horticulture expertise and skills to new markets. Gakon Horticultural Projects is a greenhouse building company based in the USA that designs, manufactures, and constructs full greenhouse projects.

Major players in the commercial greenhouse market are Heliospectra, Nexus Corporation, Rough Brothers Inc, Agra Tech Inc, LumiGrow Inc., Logiqs B.V., Certhon - Greenhouse Solutions, Argus Control Systems Ltd., Richel Group, Hort Americas, International Greenhouse Company, Top Greenhouses, Poly-Tex Inc., Stuppy Greenhouse, The Glasshouse Company Pty Ltd, Omni Structures International, Europrogress, DeCloet Greenhouse, Luiten Greenhouses, DutchGreenhouses, Green Tek, and Texas Greenhouse Company Inc.

Europe was the largest region in the commercial greenhouse market in 2020. North America is expected to witness the highest growth rate during the forecast period. The regions covered in the commercial greenhouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the commercial greenhouse market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global commercial greenhouse market is segmented -

1) By Type: Glass Greenhouse, Plastic Greenhouse

2) By Equipment Type: Cooling Systems, Heating Systems, Others

3) By Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Others

The organic farming market is associated with the sales of produces by farms that produce them in organic ways. The organic farming is an alternative form of farming for crops and livestock’s produce which doesn't use pesticides, artificial fertilizers, genetically modified organisms and antibiotics to increase the production. This has many benefits to the environment and the individuals using these yields.

The global organic farming market is expected grow from $95.38 billion in 2020 to $103.36 billion in 2021 at a compound annual growth rate (CAGR) of 8.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $151.36 billion in 2025 at a CAGR of 10%.

The organic farming market covered in this report is segmented by farming type into pure organic farming; integrated organic farming and by method into crop diversity; soil management; weed management; controlling other organisms.

Environmental gain from organic farming is expected to drive the organic farming market. Organic farming is highly beneficial to the environment as it does not use any chemical fertilizers or pesticides that cause soil and groundwater contamination. Also, the usage of non-renewable resources that are needed for the development of such artificial fertilizers is less. Organic farming preserves biodiversity of the soil. According to the Organic Trade Association 2019 report, if every U.S. farmer switched to organic farming, annually nearly 500 million pounds of residual and toxic pesticides can removed from getting into the atmosphere. The use of organic products also have a beneficial impact on the health of organic growers, assistants, their families and customers, as they are less exposed to harmful chemicals. Therefore environmental benefits of organic farming coupled with health benefits of organic products is increasing the demand for organic food (food produced through the process of organic farming) which in turn is driving the market for organic farming.

The launch of various schemes by the governments of various countries across the world is promoting organic farming. Due to health benefits and environmental benefits offered by organic products, the governments are promoting organic farming activities by launching various schemes and encouraging the population to shift towards organic products. For instance, the government of India is promoting organic farming under its two dedicated schemes - Paramparagat Krishi Vikas Yojana (PKVY) and Mission Organic Value Chain Development for North Eastern Region (MOVCDNER). Other schemes for promotions of organic farming include Rashtriya Krishi Vikas Yojana (RKVY) and Integrated Development of Horticulture (MIDH) and Network Project for Organic Farming. The launch of similar schemes worldwide is likely to provide ample avenues for organic vegetable farming market’s growth in the near future.

Less productivity of organic food is expected to hinder the organic farming market. According to a study by USDA, the yield of organic farming is significantly less compared to the conventional farming. So, the latter is preferred to organic farming to ensure food security because organic farming is expected to cause a scarcity due to lower yield. It doesn’t meet the needs of rising population and thereby doesn’t meet the definition of food security by the Food and Agriculture Organization (FAO) of the United Nations. The less productivity of organic farming therefore is expected to hinder the market of organic farming.

In December 2019 Young living essentials a North American based essential oil company who is a world leader has initiated a new partnership with Golden Einkorn Farm. By this partnership Golden Einkorn Farm supplies its ancient einkorn grain to young essentials and also supports its movement towards sustainability thereby being environmentally responsible. Golden Einkorn Farm is 600 acre France based family farm which produces einkorn grain and uses rainwater for irrigation, organic matter as manure instead of artificial fertilizers, uses solar energy and other sustainable methods with an aim of zero wastage.

The major players covered in the global organic farming market are Dow Chemical Company, BASF SE, Solvay SA, AkzoNobel N.V, Nalco Holding Company , Bayer AG.

The countries covered in the global organic farming market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global organic farming market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global organic farming market is segmented -

1) By Farming Type: Pure Organic Farming, Integrated Organic Farming

2) By Method: Crop Diversity, Soil Management, Weed Management, Controlling Other Organisms

3) By Crop Type: Fruits And Vegetables, Cereals And Grains, Oilseed And Pulses, Others

The organic vegetable farming market consists of production and sales for organic vegetables and related services. Organic farming refers to the method of crop production that involves the use of biologicals materials in order to prevent the use of synthetic pesticides, genetically modified organisms, antibiotics, and fertilizers. Organic farming provides high-quality and healthy food to humans together with protecting the environment from pollution, soil degradation, and erosion to optimize biological productivity.

The global organic vegetable farming market is expected grow from $7.41 billion in 2020 to $7.77 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $10.01 billion in 2025 at a CAGR of 7%.

The organic vegetable farming market covered in this report is segmented by type into pure organic farming; integrated organic farming.

Rising demand for organic food is anticipated to act as a major driver for the growth of the organic vegetable farming market during the period. The health benefits offered by organic food such as high nutritional content, non-GMO and free from synthetic pesticides and fertilizers tend to be a key factor for augmented demand for organic food including organic vegetables. According to the 2020 Organic Industry Survey released by the Organic Trade Association, the USA organic food sales hit $50.1 billion, up by 4.6% from 2019. Due to the beneficial impact on the health of organic growers, assistants, their families and customers, as they are less exposed to harmful chemicals, and the increasing consumers' preferences for organic food is projected to generate higher demand for organic vegetable farming during the forecast period.

The launch of various schemes by the governments of various countries across the world is promoting organic farming. Due to health benefits and environmental benefits offered by organic products, the governments are promoting organic farming activities by launching various schemes and encouraging the population to shift towards organic products. For instance, the government of India is promoting organic farming under its two dedicated schemes - Paramparagat Krishi Vikas Yojana (PKVY) and Mission Organic Value Chain Development for North Eastern Region (MOVCDNER). Other schemes for promotions of organic farming include Rashtriya Krishi Vikas Yojana (RKVY) and Integrated Development of Horticulture (MIDH) and Network Project for Organic Farming. The launch of similar schemes worldwide is likely to provide ample avenues for organic vegetable farming market’s growth in the near future.

The high cost of organic farming in comparison with conventional farming is predicted to limit the growth of the organic vegetable farming market. According to the Food and Agriculture Organization (FAO) of the United Nations (UN), the prices for organic food are higher than that of conventional products attributing to greater labor inputs and other costs incurred to produce high quantities of production to lower the overall cost. Furthermore, organic vegetable farming does not use chemicals and toxic substances which increase the cost for natural fertilizers along with the high cost for obtaining organic certifications. This scenario is expected to have a negative impact on the organic vegetable farming market’s growth in the coming years.

In August 2018, BASF closed the acquisition of Bayer’s global vegetable seeds business, operating under the Nunhems brand for an amount of $8.1 billion (€7.6 billion). The acquisition is expected to expand the BASF’s product portfolio for the farmers. Bayer’s vegetable seeds business includes 24 crops and about 2,600 varieties. Nunhems B.V. was founded in 1917 and offers market-oriented varieties and vegetable seeds products across the globe.

The major players covered in the global organic vegetable farming market are BASF, Aero Farm System, Plenty, Agrilution, N5 Sensors, Terramera PlantHealth, Back to the Roots, Vital Farms, ISCA Technologies, Inc., MycoSolutions AG, Atlántica Agrícola, Agroloop, SunOpta, Inc., Eden Synthetics, Ductor, nextProtein, Midwestern BioAg, JH Biotech, Bio Huma Netics, Ag Concepts Corporation, Elephant Vert, Grower's Secret, Azotic, ILSA S.p.A, Picks Organic Farms, Organic Farmers Co., The Indian Organic Farmers Producer Company Limited (IOFPCL), Bayer Ag, Camson Bio Technologies Limited, ZUWA Organic Farms Pvt Ltd.

The countries covered in the global organic vegetable farming market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global organic vegetable farming market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global organic vegetable farming market is segmented -

1) By Type: Pure Organic Farming, Integrated Organic Farming

2) By Method: Composting, Crop Rotation, Cutting, Mulching, Polyculture, Soil Management, Weed Management

3) By Crop: Protected Crops, Salads, Geen Veg, Root Crops, Potatoes, Others

The genetically modified crops market consists of sales of genetically engineered crops and related services. The term genetically modified refers to the transfer of genes between the organisms using a series of laboratory techniques known as recombinant DNA technology. Genetically modified (GM) or genetically engineered crops are plants with new trait which does not occur naturally such as resistance to pests, improved nutrient profile, reduction in spoilage and resistance to chemical treatments. The GM crops which are grown commercially include sugar beet, papaya, maize, potato, oilseed rape, cotton and others.

The global genetically modified crops market is expected grow from $20.09 billion in 2020 to $21.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29.5 billion in 2025 at a CAGR of 8%.

The GM crops market covered in this report is segmented by trait into herbicide tolerance (HT); insect resistance (IR); stacked traits (ST); others and by crop into soybean; cotton; maize; oilseed rape; tobacco; others.

The genetically modified (GM) crops have traits such as insect tolerance and herbicide tolerance that contribute to the high demand for such crops. Other benefits offered by genetically modified crops include high nutritional value, improved yield, and longer shelf life. Owing to these reasons, farmers are resorting to GM crops to increase their yields and profits. According to the U.S. Department of Agriculture (USDA), genetically engineered insect-resistant cotton has helped for a significant reduction in the use of synthetic pesticides that are contaminating groundwater and the environment. The environmental concerns and benefits offered by GM crops propels the demand for the market over the forecast period.

The exponential increase in population around the globe drives the need to implement genetically modified crops. Farmers have to adopt new technologies to produce crops that can meet the demand of the growing population. GM crops help reduce food loss and waste, improve soil and water management, and improve the yield alongside protecting the environment. According to the UN, it is expected that the world population will be around 10 billion by 2050. Genetically modified crops are thereby important to feed this growing population and maintain food security.

Stringent regulations imposed on the approvals of GM crops limit the growth of the genetically modified crop's market during the period. For instance, in India, only Bt Cotton is permitted by government for cultivation. Genetically modified brinjal was not approved by the environment ministry. Therefore, the stringent regulations imposed by the government of various countries on the approvals of GM crops impacts the growth of the market.

In September 2019, Bayer CropScience Limited completed the acquisition of Monsanto India Limited for an amount of $63 billion. This acquisition was aimed towards expanding Bayer’s business and consumer base in India. The companies plan to retain the brand name of Monsanto products with their inclusion under the Bayer’s product portfolio. Monsanto India Limited was founded in 1949 and was a subsidiary of Monsanto, a research-based biotechnology company based in the USA before the acquisition.

The major players covered in the global genetically modified crops market are Bayer AG, BASF SE, Syngenta AG, The Dow Chemical Company, Dupont, Groupe Limagrain, JR Simplot Co., JKAgri Genetics Ltd., Maharashtra Hybrid Seed Company (MAHYCO), Calyxt Inc., Stine Seed Farm, Inc., Nuseed Pty Ltd., KWS SAAT SE, Canterra Seeds Holdings Ltd., Bayer Crop Science India Ltd, Groupe Limagrain Holdings Corp, Land O’ Lakes Inc., Sakata Seed Corp., Takii Seeds, Agreliant Genetics LLC, DLF Seeds and Science, Long Ping High-Tech, Shandong Denghai Seeds.

The countries covered in the global genetically modified crops market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global genetically modified crops market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global genetically modified crops market is segmented -

1) By Trait: Herbicide Tolerance (HT), Insect Resistance (IR), Stacked Traits (ST), Others

2) By Crop: Soybean, Cotton, Maize, Oilseed Rape, Tobacco, Others

The organic oilseed farming market consists of sales of oilseeds by farms that produce them organically without the use of artificial fertilizers, pesticides and genetically modified organisms.

The global organic oilseed farming market is expected grow from $7.97 billion in 2020 to $8.44 billion in 2021 at a compound annual growth rate (CAGR) of 5.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.07 billion in 2025 at a CAGR of 7%.

The organic oilseed farming market covered in this report is segmented by type into soybeans, sesame, rapeseed, groundnuts, sunflower seed, others and by application into household consumption, food-service, bio-fuels, others.

Growing demand for organic oil extracted from organic oilseeds and its by-products are driving the organic oilseeds farming market. The increase in awareness about the harmful effects of conventionally produced oil on an individual’s health as well as on the environment is making individuals prefer the oil produced from organic oilseeds. The demand is not only for edible purposes but also to produce greener cosmetics. The by-products produced after the extraction from organic oilseeds are used as a high protein organic feed for animals reared through the organic way. For instance, in June 2019, five farmers of Scotland, with support from Scotland’s Rural Innovation Support Service (RISS) has launched a pilot project along with a feed processor to grow the first organic oilseed rape crop in the UK to meet the demand for organic protein feed for pigs. Trillium Organics is offering USDA certified organic skin care products made from organically produced ingredients. Their organic body oil is made with olive, jojoba, and sunflower oils. Therefore, the growing demand for organic oil extracted from organic oilseeds and their by-products drives the organic oilseed farming market.

The mechanical weed management method is gaining traction in the organic oilseed farming market. The most common problem associated with organic oilseeds is the growth of weeds that destroy the crop. To remove weeds non-chemically, Vytautas Magnus University Agriculture Academy conducted a field experiment and has inferred that thermal and mechanical weed control alongside the bio-preparations in droughty years significantly reduced the number of weed seedlings in the growing seasons, namely autumn and spring.

The major players covered in the global organic oilseed farming market are Archer Daniels Midland, Cargill, Bungee, Bayer, Limagrain, Monsanto, Cootamundra Oilseeds, Burrus Seed, Gansu Dunhuang Seed, Land O'Lakes.

The countries covered in the global organic oilseed farming market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global organic oilseed farming market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global organic oilseed farming market is segmented -

1) By Type: Soybeans, Sesame, Rapeseed, Groundnuts, Sunflower Seed, Others

2) By Application: Household Consumption, Food-Service, Bio-Fuels, Others

3) By Farming Type: Pure Organic Farming, Integrated Organic Farming

4) By Method: Crop Diversity, Soil Management, Weed Management, Controlling

The organic fruit and nut farming market consists of sales of organic fruits and nuts and related services. Organic fruit and nut farming is a growing practice without the need for artificial pesticides, herbicides and chemicals. Organic fruit and nut processing avoids the use of many inputs related to conventional farming, most importantly, synthetic pesticides and fertilizers, and relies on several variables, such as crop rotations, green manures, crop residues, green manures, legumes, animal manures, and organic waste from off-farm.

The global organic fruit and nut farming market is expected grow from $17.7 billion in 2020 to $19.12 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $28.18 billion in 2025 at a CAGR of 10%.

The organic fruit and nut farming market covered in this report is segmented by product type into orange groves, citrus groves, non-citrus fruit, nuts, others.

The increasing demand for organic food is a key factor driving the growth of the organic fruit and nut farming market. One of the most important realization worldwide during the COVID 19 pandemic is the need to develop strong immunity as a potential barrier against deadly viruses. With plenty of antioxidants and nutrients, organic food offers one of the best ways to enhance immunity. So, consumers are willing to purchase and even pay an additional price for organic food. In 2020, the global organic food industry will be experiencing rapid growth as customers continue to recognize immunity as essential weaponry. Therefore, this increasing demand for organic food is expected to drive the growth of the organic fruit and nut farming market.

The production of organic crops in the vertical farming method is a key trend in the organic fruit and nuts farming market. The method of cultivating crops indoor by utilizing vertical space to enhance growth is known as vertical farming. A vertical farm will increase food production per acre of land and by sitting near an urban environment, this can minimize long distribution chains and get fresher food to consumers’ tables. Using this process, a US-based company, Plenty, produces fruit and vegetables and the company is building a 100,000 square foot vertical farming warehouse. This farm is planned to generate 4.5 million pounds of greens each year.

In October 2019, Olam Edible Nuts is a Singapore based company acquire Hughson Nut for $54 million to increase the vertical combination of the company. The acquisition will allow the company to provide a united offering across the almond value chain, including processing, blanched whole nuts, steam, PPO pasteurization, and value-added ingredients such as diced, flakes, and almond flours. Hughson Nut Inc is a US-based food production company.

The major players covered in the global organic fruit and nut farming market are Biorfarm, Koraput Organic, MyGreen Mart, Organic Tapovana, Plenty, Atlántica Agrícola, Aero Farm Systems, Homecrop, Pindfresh, UrbanKissan, iKheti.

The countries covered in the global organic fruit and nut farming market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global organic fruit and nut farming market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global organic fruit and nut farming market is segmented -

1) By Product Type: Orange Groves, Citrus Groves, Non-Citrus Fruit, Nuts, Others

2) By Farming Type: Pure Organic Farming, Intergrated Organic Farming

3) By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Others.

The organic grain farming market consists of sales of organic grains and related services that are used in the food industry, animal husbandry and pharmaceutical industry. The production of crops without using fertilizers, toxic chemicals, productivity-enhancing enzymes and other chemicals is known as organic farming.

The global organic grain farming market is expected grow from $24.29 billion in 2020 to $26.09 billion in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $44 billion in 2025 at a CAGR of 14%.

The organic grain farming market covered in this report is segmented by type into organic corn; organic wheat; others and by end-user into household; commercial; others.

The increasing preference of consumers for organic food products is a key factor driving the growth of the organic grain farming market. Enhanced performance and better quality of products have driven the growth of organic products in the last five years. For instance, According to the research institute of organic agriculture (FiBL) 2020, globally, there are more than 70 million hectares of organic farmland. Also, the rising demand has motivated manufacturers to make organic food more accessible to mainstream markets. For example, Woolworths and Coles supermarkets in Australia now sell a broader variety of organic produce, making it more convenient to purchase organic goods.

The risks associated with the high cost of transition and uncertain market guarantee at the end of the transition period is a key factor hampering the growth of the organic grain farming market. The transition time for a farmer to switch to organic grain production is 36 months from the last prohibited product being used. In the transition period, the farmer pays all the organic production costs but sell them to the traditional markets as they cannot be sold organically. So, the farmer may lose around $208,705 each year, with a cumulative deficit of $417,000 by year two. The farmer can market grains for organic rates in the third year to a profit of $843,000, but it needs $417,000 in working capital to get out of years one and two. Therefore, the risks associated with the high cost of transition and uncertain market guarantee at the end of the transition period is expected to hinder the growth of the organic grain farming market.

The internet of things (IoT)-enabled smart farming is a key trend in the organic grain farming market. To collect the crop health data and moisture level, the IoT-enabled devices and sensors are installed in the field and the farmers can view these data easily through their tablets and cell phones. For example, the farmer can deploy sensors to start irrigation if the level of soil moisture drops. Fasal, founded in 2018, is an innovative artificial intelligence IoT platform that helps farming ecosystems in weather forecasting, irrigation management, soil disease and viral breakout prediction, real-time soil and crop condition alerts, pest management and crop disease management by using data science in combination with artificial intelligence.

In July 2019, Hassad Food Company, a food company owned by the Qatar Investment Authority acquired Sunshine Foods International for an undisclosed amount. Through this acquisition, Hassad Food Company made an agreement with Sunshine Foods owner to provide the Qatari market with organic food grains to meet the demand and to strengthen the country’s food security. Sunshine Foods International is a Canada-based organic grain and oilseed company.

The major players covered in the global organic grain farming market are Marroquin Organic International, Organic Partners International, Briess Malt and Ingredients Co., St. Charles Trading, International Sugars, Tate and Lyle, Ingredion Incorporated, Cargill, Roquette America, Royal Ingredients Group, Aryan International, AGRANA Beteiligungs AG, Pure Life Organic Foods Limited, Manildra Group USA, Northern Grain and Pulse, Puris, Parchem Fine and Specialty Chemicals, Radchen USA, Ciranda, KMC A/S, Naturz Organics, California Natural Products, SK Food International, Albert Lea Seed, Johnny's Selected Seeds, Sunora Foods, Bradner Farms, Scratch and Peck Feeds, Grain Millers, Inc., La Milanaise.

The countries covered in the global organic grain farming market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global organic grain farming market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global organic grain farming market is segmented -

1) By Type: Organic Corn, Organic Wheat, Others

2) By End-User: Household, Commercial, Others

3) By Farming Type: Pure Oraganic Farming, Integrated Organic