The global organic farming market size is expected to grow from $150.63 billion in 2021 to $169.04 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The global organic farming market size is expected to grow to $257.85 billion in 2026 at a CAGR of 11.1%.
What is the Global Organic Farming Market?
The organic farming market is associated with the sales of produces by farms that produce them in organic ways. Organic farming is an alternative form of farming for crops and livestock production that doesn't use pesticides, artificial fertilizers, genetically modified organisms, and antibiotics to increase production. This has many benefits to the environment and the individuals using these yields.
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What drives the Global Organic Farming Market?
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 the 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 be removed from getting into the atmosphere. The use of organic products also has 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 the health benefits of organic products are increasing the demand for organic food (food produced through the process of organic farming) which in turn is driving the market for organic farming.
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Global Organic Farming Market Segments
The global organic farming market is segmented:
By Farming Type: Pure Organic Farming, Integrated Organic Farming
By Method: Crop Diversity, Soil Management, Weed Management, Controlling Other Organisms
By Crop Type: Fruits and Vegetables, Cereals and Grains, Oilseed and Pulses, Others
By Geography: The regions covered in the organic farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Organic Farming Global Market Report 2022provides market size and growth forecasts for the global organic farming market, global organic farming market share, organic farming market segments and geographies, organic farming market competitive landscape including leading competitors’ revenues, profiles and market shares. The organic farming market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Organic Farming Industry Playersinclude Dow Chemical Company, BASF SE, Solvay SA, AkzoNobel N.V, Nalco Holding Company, and Bayer AG. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
