Press release
Organic Farming Market to Continue Impressive Measured Growth through 2026: Picks Organic Farm, Organic Farmers Co., The Indian Organic Farmers Producer Company Limited (IOFPCL), Bayer AG, Camson Bio Technologies Limited, and ZUWA Organic Farms Pvt Ltd
Organic farming is a production system, which avoids or exclude the use of synthetic inputs such as fertilizers, pesticides, feed additives, and hormones and maximizes using animal manures, crop rotation, crop residues, and off farm organic waste. Organic farming maintains and manages soil fertility while minimizing wastage and pollution.Major players operating in the global organic farming market include Picks Organic Farm, Organic Farmers Co., The Indian Organic Farmers Producer Company Limited (IOFPCL), Bayer AG, Camson Bio Technologies Limited, and ZUWA Organic Farms Pvt Ltd among others.
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Market Dynamics
Organic farming offers high nutritional value for food is expected to drive growth of the global organic farming market. Foods from organic farming are rich in nutrient content such as enzymes, vitamins, minerals and other micronutrients. Furthermore, rising consumer awareness about the health benefits of organic products is expected to propel growth of the market during forecast period.
However, high production cost of organic farming is expected to hamper growth of the market during forecast period. Organic farming requires large number of labor or manpower to maintain the crop productivity, which in turn increases crop production cost.
North America held significant market share in the global organic farming market in 2017, owing to increasing consumer demand for organic food and rising organically produced goods in the region. According to United States Department of Agriculture (USDA), the organic sales account for over 4% of total U.S. food sales. The U.S. spends around US$ 1 billion every year on imports of organic food. Furthermore, rising demand for organic food is surpassing domestic supplies and leading to depend on imports from other regions. For instance, according to the United States Department of Agriculture (USDA), in 2014 imports for organic corn in Canada was valued at US$ 16.9 million which was increased by US$ 19.0 million in 2015.
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Detailed Segmentation:
Global Organic Farming Market, By Farming Type:
Pure Organic Farming
Integrated Organic Farming
Global Organic Farming Market, By Method:
Crop Diversity
Soil Management
Weed Management
Controlling Other Organisms
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