Organic farming is a production system, which avoids or excludes the use of synthetic inputs such as fertilizers, pesticides, feed additives, and hormones and maximizes using animal manures, crop rotation, crop residues, and off farm organic waste. Organic farming maintains and manages soil fertility while minimizing wastage and pollution.
Market Dynamics
Organic farming offers high nutritional value for food and is expected to drive growth of the global organic farming market in forecast period. Foods from organic farming are rich in nutrient content such as enzymes, vitamins, minerals and other micronutrients. Furthermore, rising consumer awareness about the health benefits of organic products is expected to propel growth of the market during forecast period.
However, high production cost of organic farming is expected to hamper growth of the market during forecast period. Organic farming requires large number of labor or manpower to maintain the crop productivity, which in turn increases crop production cost.
North America held significant market share in the global organic farming market in 2022, owing to increasing consumer demand for organic food and rising organically produced goods in the region.
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