Organic Farming Industry Market Research Reports, Analysis & Trends
Organic Farming is a form of agriculture that relies on techniques such as crop rotation, green manure, compost and biological pest control. Organic farming uses fertilizers and pesticides but strictly limits the use of fertilizers, pesticides, human sewage sludge, and nanomaterials.
Due to the benefits in ecological processes, biodiversity and cycles adapted with studies on local conditions, organic agriculture’s methods are mainly regulated and legally enforced by many nations. Organic agriculture is a system that sustains the health of soils, ecosystems and people. Organic agriculture combines tradition, innovation and science to benefit the shared environment and a good quality of life for all involved.
In improving the health of ecosystem, organic farming plays a primary role. Its system of eliminating unwanted toxins is what organic agriculture is needed for. Usage of chemical fertilizers in plants and crops to enhance them has led to many people suffer from myriad diseases and disorders after consumption. Majority of the population still consumes products on which chemicals were used to enhance the size and flavour against the natural way which consumes more time and which requires extra treatment. Due to the fast growing needs, crops are injected with chemicals to flourish well before the actual time in natural way. Factories not only use chemicals to enhance the products but also pass out the waste which is toxic in nature, to water bodies which results in loss of healthy marine life.
Organic Farming Industry Current Trends
Since 1990, the market for organic products has grown to $55 billion in 2009 according to Organic Monitor. This demand has driven a similar increase in organically managed farmland which has grown over the years at a compounding rate of 8.9% per annum. As of 2011, approximately 37,000,000 hectares (91,000,000 acres) worldwide were farmed organically, representing approximately 0.9 percent of total world farmland (2009). Organic foods industry now occupies a prominent space in production for mainstream US food retailers.
This industry grew to $14.6 billion in consumer sales in 2005, up more than 17% from the year before. Organic foods, by far the largest and most clearly defined part of the organic industry, grew 16% in 2005 and accounted for $13.8 billion in consumer sales. In 1997 it was estimated to be $3.6 billion and it increased to $21.1 billion in 2008. Organic ‘non-food’ products - including personal care products, nutritional supplements, fibre, household cleaners, flowers, and pet food -- grew more than 32%.
Organic farming industry’s growth is evident in good expansion of its business performance. From selling wide variety of food products to different retailers to the development of private-label product lines, the organic farming industry is reaching a good place in market for substantial revenue for all the years of efforts put in by the farmers.
Major Organic Farming Industry Players
If the acreage of organic crops is growing, it must be driven by the market for organic food; some of the e major players in the organic food market Earth’s Best, Amy’s Kitchen, Green & Black’s, Organic Valley, and Eden Foods.
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