Organic Farming Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Pure Organic Farming v/s Integrated Organic Farming), By Method (Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, Others), By Source (Plant Based, Animal Based), By Ownership (Inhouse Farming and Contract Farming), By Crop Type (Cereals &
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationOrganic Farming Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Pure Organic Farming v/s Integrated Organic Farming), By Method (Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, Others), By Source (Plant Based, Animal Based), By Ownership (Inhouse Farming and Contract Farming), By Crop Type (Cereals &
Global organic farming market stood at USD119.23 million in 2021 and is expected to grow at a steady CAGR of 8.04% during the forecast period. This can be attributed to the growing demand for certified organic products worldwide. Additionally, the sudden outbreak and spread of the COVID-19 pandemic has led to increased demand for organic products as consumers prefer healthy food products that help build immunity. This, in turn, fueled the market growth of organic farming in 2020. Additionally, the entry of a large number of food industries and retailers into the organic agriculture sector will further drive the market growth during the forecast period. Furthermore, increasing health-conscious population worldwide is expected to increase the demand for organic products supporting the market growth over the next few years. Also, increasing government funding in the sector of agriculture and preferential trade agreements across the globe are expected to foster market growth during the forecast period.
Sudden Outbreak & Spread of COVID-19 Driving Market Growth
The sudden outbreak and spread of COVID-19 had a positive impact on the market of organic farming. Due to COVID-19, people are more concerned about their health and prefer the use of organic food as compared to genetically modified foods and monoculture seeds which enhances the growth of organic farming market globally. Genetically modified crops are more prone to pest attacks which directly affect human health. Thus, organic farming is the only possible solution. Also, consumers have intensified their search for healthy and clean food products. As a result, organic food has become the most preferred choice for people after the COVID-19 scenario and this lead to have a dramatic impact on the growth of the organic farming market.
Growing Demand for Organic Products Support Market Growth
Recently, organic foods have been gaining popularity because people are becoming aware of their health and the benefits of consuming organic foods. In 2019, Denmark and Switzerland were the two countries with the highest per capita consumption of organic food of any country in the world. The average Danish and Swiss consumer purchased around 389.26 and 312 euros of organic food, respectively. Organic food contains no chemical pesticides and fertilizers and is grown naturally with manure and only natural pesticides and insecticides are used for growing. The increasing demand for organic food across the globe supports the market growth of organic farming worldwide.
Environmental, Health and Food Safety Concerns
Organic farming mainly uses fewer pesticides & fertilizers, reduces soil erosion, decreases the use of nitrate, and prevents leaching of nitrate into groundwater and surface water, and recycles animal wastes. Organic farming is environmentally friendly and does not cause air pollution and water pollution. Organic farming does not use chemical fertilizers and Pesticides. so, they do not affect the health of individuals. Through these chemicals used in modern farming, many new diseases are emerging and causing severe health problems. Nowadays, people are becoming concerned about the environment and health issues. This factor also contributes to the growth of organic farming globally.
Download Free Sample Report
Market Segmentation
The global organic farming market is segmented based on type, method, source, ownership, crop type, company, and regional distribution.
Based on type, the market can be split into Pure Organic Farming and Integrated Organic Farming.
Based on method, the market can be divided into Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, and Others. In terms of source, the market can be categorized into plant based and animal based. By ownership, the market can be fragmented into inhouse farming and contract farming.
Based on crop type, the market can be fragmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.
Company Profiles
Bayer AG, IFOAM Organics International, BASF SE, Dow Chemical Company, Solvay SA, ZUWA Organic Farms Pvt Ltd, Camson Bio Technologies Limited, The Indian Organic Farmers Producer Company Limited (IOFPCL), Organic Farmers Co., Picks Organic Farm, Italpollina SPA, BioStar Organics, Terramera Plant Health, MycoSolutions AG, are among the major market players in the global platform that lead the market growth of the global organic farming market.
|
Attribute |
Details |
|
Market size value in 2021 |
USD119.23
Million |
|
Revenue Forecast in 2027 |
USD187.59 Million |
|
Revenue Forecast in United States 2027 |
USD33.25 Million |
|
Growth Rate |
8.04% |
|
Base Year |
2021 |
|
Historical Years |
2017 – 2020 |
|
Estimated Year |
2022E |
|
Forecast Period |
2023F – 2027F |
|
Quantitative Units |
Revenue in USD
Billion and CAGR for 2017-2021 and 2022E-2027F |
|
Report Coverage |
Revenue forecast,
company share, competitive landscape, growth factors, and trends |
|
Segments Covered |
·
By Type ·
By Method ·
By Source ·
By Ownership ·
By Crop Type |
|
Regional Scope |
Asia Pacific, North
America, Europe, Middle East & Africa, South America |
|
Country Scope |
United States; Mexico; Canada; Germany; France; Italy; United
Kingdom; Spain; Denmark; China; Australia; Japan; South Korea; India;
Vietnam; Philippines, Myanmar; Brazil; Argentina; Colombia; Paraguay; Turkey;
South Africa; Saudi Arabia; UAE |
|
Key Companies Profiled |
Bayer AG, IFOAM Organics
International, BASF SE, Dow Chemical Company, Solvay SA, ZUWA Organic Farms
Pvt Ltd, Camson Bio Technologies Limited, The Indian Organic Farmers Producer
Company Limited (IOFPCL), Organic Farmers Co., Picks Organic Farm,
Italpollina SPA, BioStar Organics, Terramera Plant Health, MycoSolutions AG |
|
Customization Scope |
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing and Purchase
Options |
Avail customized
purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy