Organic Farming Market is estimated to be US$ 209.45 billion by 2030 with a CAGR of 8.3% during the forecast period
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%. Organic farming is a crop and livestock production technique that avoids or eliminates the use of synthetic inputs such as fertilisers, pesticides, feed additives, GMOs, hormones, and antibiotics. Organic farming approaches combine scientific knowledge of ecology and some contemporary technology with traditional farming practises based on biological processes that occur naturally. When compared to other forms of agriculture, organic farming improves soil fertility, combats erosion, and minimises greenhouse gas emissions. A vital asset on an organic farm is integrated pest and weed management, as well as soil conservation techniques. The farmer exclusively utilises organic manures and insecticides in pure organic farming.
Analyst View:
The growing demand for organic food among consumers, owing to its health benefits and advantages such as high nutritional levels, chemical-free food, and pleasant food, is propelling the worldwide organic farming market forward. Furthermore, rising demand for food safety and sustainable production, as well as increased government activities to raise public knowledge about organic farming, are driving the worldwide organic farming industry forward. Furthermore, manufacturers' increased investment in research & development efforts to improve the productivity and efficiency of organic farming systems also contributes to the global organic farming market's growth.
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Key Market Insights from the report:
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.
Competitive Landscape & their strategies of Global Organic Farming Market:
The key players in the global Organic Farming Market includes Picks Organic Farm, 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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