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Organic Vegetable Farming Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
The Business Research Company recently released a comprehensive report on the Global Organic Vegetable Farming Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The organic vegetable farming market size has grown steadily in recent years. It will grow from $8.69 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to consumer health awareness, environmental concerns, government regulations, organic certification, retailer support.
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Market Drivers and Trends:
Increasing restaurants and food service establishments are expected to propel the growth of the organic vegetable farming market going forward. Restaurants are a specific subset of food service establishments, typically characterized by providing a sit-down dining experience with a diverse menu of prepared dishes. Restaurants often require a variety of vegetables to create diverse menus. This can encourage farmers to grow a wider variety of organic vegetables, promoting biodiversity and reducing the risk associated with monoculture farming. For instance, in July 2023, according to The Chef's Store, a US-based restaurant equipment and supplies, in 2021 there are 49,365 Mexican restaurant establishments in the US, which is up 2.4 percent from 2022. Therefore, increasing restaurants and food service establishments drives the organic vegetable farming market.
The players in the organic vegetable farming market are focusing on the launch of natural fertilizers which are free from chemicals. A natural fertilizer relies on plant, mineral, and animal sources for its nutrients and they do not include any chemical. These are the fertilizers made from organic materials. For example, in November 2022, Weather Risk Management Services Pvt Ltd (WRMS), an India based agricultural company, introduced its product SecuFarm Vermicompost, an organic fertilizer that contains essential plant nutrients, rich in humus, able to improve soil structure for better root alteration, and improve water retention capacity and aeration status in the soil. Vermicompost is useful in raising seedlings, orchards, and for crop production. SecuFarm vermicompost is non-toxic, environment friendly and ecologically compatible product.
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• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Baden Aniline and Soda Factory (BASF); AeroFarm System; Plenty; Agrilution Systems GmbH; N5 Sensors Inc.; Terramera PlantHealth; Back to the Roots Inc.; Vital Farms Inc.; ISCA Technologies Inc; MycoSolutions AG; Atlántica Agrícola; Agroloop; SunOpta Inc; Eden Synthetics; Ductor; NextProtein; Midwestern BioAg; JH Biotech; Bio Huma Netics; Ag Concepts Corporation; Elephant Vert; Grower's Secret; Azotic; ILSA S.p.A; Picks Organic Farms; Organic Farmers Co.; The Indian Organic Farmers Producer Company Limited (IOFPCL); Bayer Ag; Camson Bio Technologies Limited; ZUWA Organic Farm; Entocycle; UniBio A/S; Carbon Robotics; Intrinsyx Bio; Umgibe Farming Organics; New Sprout Organic Farms; Olivette Farm by Joe & Daniel; A & A Organic Farms; Earl's Organic Produce; Smart Agriculture Technologies; Greentech Kenya Ltd; Earthbound Farm; Organic Valley; Driscoll's; Cascadian Farm; WhiteWave Foods; Nature's Path; Amy's Kitchen; Clif Bar & Company; Lundberg Family Farms
Organic Vegetable Farming Market 2024 Key Insights:
• The organic vegetable farming market size is expected to grow to $11.11 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
• Increasing restaurants and food service establishments are expected to propel the growth of the organic vegetable farming market going forward. Restaurants are a specific subset of food service establishments, typically characterized by providing a sit-down dining experience with a diverse menu of prepared dishes. Restaurants often require a variety of vegetables to create diverse menus. This can encourage farmers to grow a wider variety of organic vegetables, promoting biodiversity and reducing the risk associated with monoculture farming. For instance, in July 2023, according to The Chef's Store, a US-based restaurant equipment and supplies, in 2021 there are 49,365 Mexican restaurant establishments in the US, which is up 2.4 percent from 2022. Therefore, increasing restaurants and food service establishments drives the organic vegetable farming market.
• The players in the organic vegetable farming market are focusing on the launch of natural fertilizers which are free from chemicals. A natural fertilizer relies on plant, mineral, and animal sources for its nutrients and they do not include any chemical. These are the fertilizers made from organic materials. For example, in November 2022, Weather Risk Management Services Pvt Ltd (WRMS), an India based agricultural company, introduced its product SecuFarm Vermicompost, an organic fertilizer that contains essential plant nutrients, rich in humus, able to improve soil structure for better root alteration, and improve water retention capacity and aeration status in the soil. Vermicompost is useful in raising seedlings, orchards, and for crop production. SecuFarm vermicompost is non-toxic, environment friendly and ecologically compatible product.
• The Asia-Pacific was the largest region in the organic vegetable farming market in 2023.
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