Organic Farming Market Outlook 2024: Exclusive Report By The Business Research Company | Dow Chemical Company, BASF SE, Solvay SA, AkzoNobel N.V, Nalco Holding Company, Bayer AG

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Organic Farming Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The organic farming market size has grown rapidly in recent years. It will grow from $187.84 billion in 2023 to $208.66 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to consumer awareness, health and wellness trends, government support, retailer demand.

The organic farming market size is expected to see rapid growth in the next few years. It will grow to $321.79 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to climate change concerns, consumer preferences, supply chain and distribution improvements. Major trends in the forecast period include increased research and innovation, technological advancements, increased organic acreage, organic livestock and animal products, urban agriculture and vertical farming, organic processed foods, sustainable packaging, organic certification and traceability.

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Market Segmentation:
The main types of organic farming are pure organic farming and integrated organic farming. Integrated organic farming is a zero-waste, cyclical process in which waste products from one operation are recycled into nutrients for other operations. The various methods include crop diversity, soil management, weed management, and controlling other organisms.

Major Driver - Environmental And Health Benefits Fuel Growth In The Organic Farming Market
Environmental gain from organic farming is expected to drive the organic farming market. Organic farming is highly beneficial to the environment as it does not use any chemical fertilizers or pesticides that cause soil and groundwater contamination. The use of non-renewable resources that are needed for the development of such artificial fertilizers is lower. Organic farming preserves the biodiversity of the soil. For instance, in February 2020, Columbia Climate School, a US-based climate research university, published a report stating that, according to research, compared to conventional farming, organic farming fosters 30% more biodiversity, uses 45% less energy, and emits 40% less carbon. The use of organic products also has a beneficial impact on the health of organic growers, assistants, their families, and customers, as they are less exposed to harmful chemicals. Therefore, the environmental benefits of organic farming coupled with the health benefits of organic products are increasing the demand for organic food (food produced through the process of organic farming), which in turn is driving the growth of the organic farming market.

Competitive Landscape:
Major companies operating in the organic farming market include Dow Chemical Company, BASF SE, Solvay SA, AkzoNobel N.V, Nalco Holding Company, Bayer AG, Sun and Swell Foods, CocoaX's Organic Cocoa & Coffee, Organic Valley, Sakara Life, California Certified Organic Farmers, Rodale Institute, White Oak Pastures, Stonyfield Farm, Nature's Path Foods, Dr. Bronner's, Applegate Farms, Earthbound Farm, Clif Bar & Company, Amy's Kitchen, Lundberg Family Farms, Eden Foods, Annie's Homegrown, Cascadian Farm, Honest Tea, Naked Juice, RW Knudsen, Santa Cruz Organic, Nature's Best Organic Feeds, Organic Gemini

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Top Trend - Innovation In Organic Plant-Based Milk Sets New Standards
Major companies operating in the organic farming market are introducing innovative technology in organic plant-based milk, such as the Mooala Simple line, to gain a competitive edge in the market. The Simple line is the first-ever three-ingredient organic, plant-based milk, and it includes organic almond milk and oat milk. The product line offers clean label, shelf-stable, and vegan options. For instance, in September 2023, Mooala Brands, LLC, a US-based beverage company, launched the Mooala Simple line, which is the first-ever three-ingredient, organic, shelf-stable line of plant-based milk. Mooala Simple is available in almond and oat varieties, contains no gums, oils, or additives, and consists of only three ingredients, such as filtered water, organic oats or almonds, and sea salt.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Organic Farming Market Characteristics
3. Organic Farming Market Trends And Strategies
4. Organic Farming Market - Macro Economic Scenario
5. Organic Farming Market Size And Growth
…..
27. Organic Farming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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