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What is the Expected Growth Rate of the Sustainable Agriculture Market from 2024 to 2033?

The sustainable agriculture market is expected to grow from $13.54 billion in 2023 to $15.07 billion in 2024, with a CAGR of 11.3%. The market expansion is driven by increased environmental awareness, regulatory support, consumer demand for organic products, concerns about soil health, and water conservation efforts.

The sustainable agriculture market is anticipated to grow significantly, reaching $21.95 billion by 2028, at a CAGR of 9.9%. Growth drivers include climate change adaptation, global food security, circular economy practices, supply chain sustainability, and education and knowledge sharing. Key trends in the sector involve innovations in agroecology, technology integration, precision agriculture, crop diversity, and blockchain for supply chain transparency.

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What Key Factors Are Fueling the Growth of the Sustainable Agriculture Market?

The increasing demand for organic products is expected to drive the growth of the sustainable agriculture market. Organic products are made without synthetic pesticides, herbicides, genetically modified organisms (GMOs), or fertilizers, and sustainable agriculture produces these goods in an eco-friendly way. In May 2023, the Organic Trade Association noted that the US organic food market achieved a record $61.7 billion in sales in 2022, marking a 4.4% increase from the $59.1 billion reported in 2021. Organic beverages were the second-highest-selling category, reaching $9 billion in sales, a 4% increase. The rising demand for organic products propels the growth of sustainable agriculture.

What Are the Major Segments of the Sustainable Agriculture Market?

1) By Product Type: Seeds And Traits, Biopesticides, Biostimulants, Other Products

2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types

3) By Farming System: Organic Farming, Conservation Agriculture, Integrated Pest Management (IPM), Precision Agriculture

4) By Formulation: Liquid, Dry

5) By Application: Seed Treatment, Soil Treatment, Foliar Spray, Other Applications

What New Trends Are Transforming the Sustainable Agriculture Market?

Companies in the sustainable agriculture market are innovating with sustainable biostimulants to boost crop growth, resilience, and reduce environmental impact. These biostimulants, derived from organic or natural sources, enhance nutrient uptake and stress resistance while being environmentally friendly. In June 2023, Cascadia Seaweed Corp. and Refeed Canada Farms Ltd. introduced seaweed-based biostimulants made from cold-water kelp extract. The product supports sustainable, climate-resilient food systems by providing essential nutrients for plant growth.

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Which Regions Are Driving Growth in the Sustainable Agriculture Market?

North America was the largest region in the sustainable agriculture market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sustainable agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Sustainable Agriculture Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the sustainable agriculture market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Sustainable Agriculture Market Include

1. Sustainable Agriculture Market Executive Summary

2. Sustainable Agriculture Market Segments

3. Sustainable Agriculture Market Size And Template Market Growth Rate

4. Key Sustainable Agriculture Market Trends

5. Major Sustainable Agriculture Market Drivers

……

25. Key Mergers And Acquisitions In The Sustainable Agriculture Market

26. Top Sustainable Agriculture Companies

27. Sustainable Agriculture Market Opportunities And Strategies

28. Sustainable Agriculture Market, Conclusions And Recommendations

29. Appendix

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