Global Organic Vegetable Farming Market Segments
18 Jun, 2020
The global vegetable farming market is expected to grow from $7.13 billion in 2019 to $7.57 billion in 2020 at a rate of 6.3%. The growth is stable due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. However, North America registered a strong growth even during the COVID outbreak. The global market is expected to recover and reach $9.53 billion in 2023 at CAGR of 7.96%. Due to the beneficial impact on the health of organic growers, assistants, their families and customers, as they are less exposed to harmful chemicals, the increasing consumer preferences for organic food is projected to generate higher demand for organic vegetable farming during the forecast period. However, high cost of organic farming in comparison with conventional farming is predicted to limit the growth of the market.
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 biological 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.
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The global organic vegetable farming market is further segmented based on type and geography.
By Type: Pure Organic Farming; Integrated organic farming
By Method: Composting; Crop Rotation; Cutting; Mulching; Polyculture; Soil Management; Weed Management
By Crop: Protected Crops; Salads; Green Veg; Root Crops; Potatoes; Others
By Geography: The global organic vegetable farming market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American organic vegetable farming market accounts for the largest share in the global organic vegetable farming market.
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Trends In The Organic Vegetable Farming Market 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, governments are promoting organic farming activities by launching various schemes and encouraging the population to shift towards organic products.
Organic Vegetable Farming Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides organic vegetable farming market overviews, analyzes and forecasts organic vegetable farming market size and growth for the global organic vegetable farming market, organic vegetable farming market share, organic vegetable farming market players, organic vegetable farming market size, organic vegetable farming market segments and geographies, organic vegetable farming market trends, organic vegetable farming market drivers and organic vegetable farming market restraints, organic vegetable farming market’s leading competitors’ revenues, profiles and market shares. The organic vegetable farming market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.