Published by Coherent Market Insights
Posted on September 22, 2021
The global organic farming market accounted for 50.9 million hectares of organic agricultural farmland in 2015 and is expected to expand at a growth rate of 8.4% by 2026 during the forecast period (2018-2026).
Organic farming is an agricultural system that uses biological fertilizers derived from plant and animal wastes. Organic farming enhances agro-ecosystem health, which includes soil biological activity, biodiversity, and biological cycle. It excludes the use of chemical or synthetic pesticides, fertilizers, and growth regulators.
Favorable growth of organic agricultural practices all over the world coupled with regional government initiatives to promote organic farming is boosting growth of the global organic farming market. According to Research Institute of Organic Agriculture (FiBL) report, in 2014, over 44.4 million hectares of land is occupied by organic agricultural activities. In 2015, the regions with the largest areas of organic agricultural land are Oceania (22.8 million hectares, which is almost 45 percent of the world’s organic agricultural land) and Europe (12.7 million hectares, 25 percent). The countries with the most organic agricultural land include Australia (22.7 million hectares), Argentina (3.1 million hectares), and the United States (2 million hectares).
North America held a significant market share in the global organic farming market in 2017, owing to increasing demand for organic food in the region. According to U.S. Department of Agriculture (USDA) – National Agricultural Statistics Service (NASS), in 2016, the farms in the U.S. produced and sold US$ 7.6 billion in organic commodities that are certified. Also, the Certified Organic Survey 2016, shows that sales of organic farm were increased up to 23% in 2016, compared to the previous year in U.S.
Changing dietary patterns towards organic food products are pushing demand for organic fertilizers in organic farming. According to reports published by the U.S. Food and Drug Administration, 6 in 10 U.S. citizens believe that organic foods are better for their health. Also, according to the U.S Department of Agriculture, 4% of total food sales in the U.S. in 2016, were from organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by the International Federation of Organic Agriculture Movements.
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.
“Before Buying Check Our Discount For Your Better Business” https://www.coherentmarketinsights.com/insight/request-discount/2450
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Coherent Market Insights
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The post What Is Organic Farming Market New Business Opportunities And Investment Research Report? appeared first on Gatorledger.
The global organic farming market accounted for 50.9 million hectares of organic agricultural farmland in 2015 and is expected to expand at a growth rate of 8.4% by 2026 during the forecast period (2018-2026).
Organic farming is an agricultural system that uses biological fertilizers derived from plant and animal wastes. Organic farming enhances agro-ecosystem health, which includes soil biological activity, biodiversity, and biological cycle. It excludes the use of chemical or synthetic pesticides, fertilizers, and growth regulators.
Favorable growth of organic agricultural practices all over the world coupled with regional government initiatives to promote organic farming is boosting growth of the global organic farming market. According to Research Institute of Organic Agriculture (FiBL) report, in 2014, over 44.4 million hectares of land is occupied by organic agricultural activities. In 2015, the regions with the largest areas of organic agricultural land are Oceania (22.8 million hectares, which is almost 45 percent of the world’s organic agricultural land) and Europe (12.7 million hectares, 25 percent). The countries with the most organic agricultural land include Australia (22.7 million hectares), Argentina (3.1 million hectares), and the United States (2 million hectares).
North America held a significant market share in the global organic farming market in 2017, owing to increasing demand for organic food in the region. According to U.S. Department of Agriculture (USDA) – National Agricultural Statistics Service (NASS), in 2016, the farms in the U.S. produced and sold US$ 7.6 billion in organic commodities that are certified. Also, the Certified Organic Survey 2016, shows that sales of organic farm were increased up to 23% in 2016, compared to the previous year in U.S.
Changing dietary patterns towards organic food products are pushing demand for organic fertilizers in organic farming. According to reports published by the U.S. Food and Drug Administration, 6 in 10 U.S. citizens believe that organic foods are better for their health. Also, according to the U.S Department of Agriculture, 4% of total food sales in the U.S. in 2016, were from organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by the International Federation of Organic Agriculture Movements.
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.
“Before Buying Check Our Discount For Your Better Business” https://www.coherentmarketinsights.com/insight/request-discount/2450
Key features of the study:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post What Is Organic Farming Market New Business Opportunities And Investment Research Report? appeared first on Gatorledger.
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