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Showing posts with the label organic farming market size

Organic Farming Market - Forecast(2021 - 2026)

Around 178 countries in the world are associated with organic farming. Approximately 57.8 million hectors of land are utilized for organic farming in the world. The organic farming market is expected to grow with a CAGR of approximately 15%. Among the various regions, North America’s contribution in organic market will account to 51%. It is estimated that around $290 million was invested on organic food and farming systems and research in the whole world. However, farming companies are investing in research, development and infrastructure to enhance the productivity and efficiency of organic farming systems in order to overcome routine farming challenges like managing pests and sustaining soil health. What is Organic Farming? Organic farming is a method that involves growing and nurturing crops with the use of biological materials preventing the use of synthetic based fertilizers and pesticides. Also, the use of genetically modified organisms is not permitted. Organic farming systems ...