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The organic farming market has witnessed remarkable growth in recent years, with a substantial increase in market size from $187.84 billion in 2023 to $208.66 billion in 2024, boasting a Compound Annual Growth Rate (CAGR) of 11.1%. This surge can be attributed to several factors, including heightened consumer awareness, health and wellness trends, government support, and increased retailer demand.

 Future Projections: A Thriving Market Looking ahead, the organic farming market is poised for continued expansion, with a projected market size of $321.79 billion in 2028, driven by a CAGR of 11.4%. In the forecast period, the growth can be attributed to concerns related to climate change, evolving consumer preferences, and improvements in supply chain and distribution. Noteworthy trends include increased research and innovation, technological advancements, expanded organic acreage, and a focus on sustainable practices.

 Driving Forces: Factors Contributing to Organic Farming Growth

• Consumer Awareness and Health Trends: A significant contributor to the growth of organic farming is the increasing awareness among consumers regarding the health benefits associated with organic produce.
• Government Support: Various governments globally are endorsing and supporting organic farming practices through policies and incentives.
• Retailer Demand: The demand for organic products from retailers has played a pivotal role in driving the growth of the organic farming market.

 The Role of Organic Agricultural Practices The adoption of organic agricultural practices is expected to be a key driver for the organic farming market’s growth. These practices involve the use of natural processes and materials in farming to promote soil, crop, and livestock health, biodiversity conservation, and effective pest management. Techniques such as crop rotations, inter-cropping, and the use of organic fertilizers contribute to maintaining soil fertility and structure.

 Market Players: Key Companies in Organic Farming Major companies contributing to the organic farming market include Dow Chemical Company, BASF SE, Solvay SA, AkzoNobel N.V, and many others. Their collective efforts play a crucial role in shaping the landscape of organic farming, fostering growth, and meeting the increasing demand for organic products.

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 Innovation in Plant-Based Milk

• Introduction: Major companies operating in the organic farming market are introducing groundbreaking innovations in organic plant-based milk to gain a competitive edge.
• Mooala Simple Line: In September 2023, Mooala Brands, LLC, launched the Mooala Simple line, the first-ever three-ingredient organic, plant-based milk. This innovation, comprising organic almond and oat milk, aligns with the growing demand for clean label, shelf-stable, and vegan options.

 Collaborative Initiatives for a Sustainable Future

• Organic Trade Association and Sustainable Food Lab Collaboration: In August 2022, The Organic Trade Association collaborated with Sustainable Food Lab, aiming to boost the US organic grain supply. This collaboration increased the domestic supply of organic grain by more than 100 acres, contributing to the resilience of the organic grain industry.

 Market Segmentation The organic farming market is segmented based on various factors:

1. Farming Type: Pure Organic Farming, Integrated Organic Farming
2. Method: Crop Diversity, Soil Management, Weed Management, Controlling Other Organisms
3. Crop Type: Fruits and Vegetables, Cereals and Grains, Oilseed and Pulses, Other Crop Types

 Dominance in Asia-Pacific The Asia-Pacific region emerged as the largest market for organic farming in 2023, showcasing the region’s commitment to sustainable agriculture practices.

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The Organic Farming Global Market Report 2024 provides an overviewof the organic farming market for the time series: historic years (2010 -2021) and ten years forecast (2023 – 2032).The organic farming market forecast analyzesorganic farmingmarket size, organic farming market share,leading competitor and their market positions.

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