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Organic Grain Farming Market Overview, Opportunities, Leading Players, Key Drivers And Forecast To 2033
Organic Grain Farming Market Overview
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the organic grain farming industry. This report on organic grain farming market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The organic grain farming market size has grown strongly in recent years. It will grow from $46.53 billion in 2023 to $50.51 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to health and wellness trends, retailer and food manufacturer adoption.
The organic grain farming market size is expected to see strong growth in the next few years. It will grow to $71.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to sustainable agriculture initiatives, climate change concerns, supply chain resilience, government support. Major trends in the forecast period include digital technology adoption, organic certification standards, organic animal feed, market consolidation.
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Key Market Players:
Marroquin Organic International, Organic Partners International, Briess Malt and Ingredients Co., St. Charles Trading, International Sugar Organization are prominent players in the organic grain farming industry.
Market Drivers:
According to the Organic Grain Farming Market Report 2024 by The Business Research Company, the increasing preference of consumers for organic food products is a key factor driving the growth of the organic grain farming market. Enhanced performance and better quality of products have driven the growth of organic products in the last five years. For instance, according to the research institute of organic agriculture (FiBL) 2020, globally, there are more than 70 million hectares of organic farmland. Also, the rising demand has motivated manufacturers to make organic food more accessible to mainstream markets. For example, Woolworths and Coles supermarkets in Australia now sell a broader variety of organic produce, making it more convenient to purchase organic goods.
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Market segments for organic grain farming include:
1) By Type: Organic Corn, Organic Wheat, Other Types
2) By Farming Type: Pure Organic Farming, Integrated Organic
3) By End-User: Household, Commercial, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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