Global Sustainable Agriculture Market Size, Share, Growth Analysis, By Product Type(Seeds and traits, biopesticides), By Farming System(Organic farming, conservation agriculture) - Industry Forecast 2024-2031

Q: What is the global market size of Sustainable Agriculture Market?

Global Sustainable Agriculture Market size was valued at USD 12.09 billion in 2021 and is poised to grow from USD 13.32 billion in 2022 to USD 28.91 billion by 2030, growing at a CAGR of 10.17% in the forecast period (2023-2030).

Report ID: SQMIG30H2087 | Region: Global | Published Date: February, 2024
Pages: 273 | Tables: 65 | Figures: 75

Global Sustainable Agriculture Market Dynamics

Sustainable Agriculture Market Drivers

Increasing demand for food

As the world's population continues to grow, the demand for food is also increasing. Sustainable agriculture practices help to increase yields and ensure that food is produced in a more efficient and environmentally friendly way.

Need to reduce environmental impact

Agriculture is a major source of greenhouse gas emissions, water pollution, and other environmental problems. Sustainable agriculture practices can help to reduce the environmental impact of agriculture, making it more sustainable over the long term.

Regulatory support

Governments around the world are increasingly supporting sustainable agriculture practices through various policies and initiatives. This is helping to drive the adoption of these practices among farmers and other stakeholders.

Sustainable Agriculture Market Restraints

High costs

Sustainable agriculture practices often require significant investments in new technology, infrastructure, and training. This can make it difficult for some farmers, particularly small-scale farmers, to adopt these practices.

Lack of awareness and education

There is still a lack of awareness and education about sustainable agriculture practices among farmers, policymakers, and other stakeholders. This can make it difficult to drive the adoption of these practices across the industry.

Limited availability of sustainable inputs

There is currently limited availability of sustainable inputs, such as seeds and fertilizers, which can make it difficult for farmers to adopt sustainable agriculture practices.

Limited access to financing

Sustainable agriculture practices often require significant investments, which can be difficult for some farmers to access. Limited access to financing can make it difficult for farmers to adopt these practices.

Global Sustainable Agriculture Market Report Snapshots

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Sustainable Agriculture Market size was valued at USD 12.09 billion in 2019 and is poised to grow from USD 13.32 billion in 2023 to USD 28.91 billion by 2031, growing at a CAGR of 10.17% in the forecast period (2024-2031).

The global sustainable agriculture market is highly competitive, with numerous players operating in the industry. These companies operate across the entire value chain of sustainable agriculture, including the development and production of sustainable crop protection products, seeds, fertilizers, irrigation systems, and other agricultural inputs, as well as digital tools and precision agriculture technology. Many of these companies also have a strong focus on sustainable agriculture research and development and are investing heavily in the development of new and innovative solutions. The global market is shaped by a range of factors, including regulatory frameworks, shifting consumer preferences, and advancements in technology. In order to remain competitive, companies in the market must constantly innovate and adapt to changing market conditions, while also maintaining a strong focus on sustainability and environmental responsibility. Overall, the global market is expected to continue to grow and evolve in the coming years, presenting significant opportunities for companies that are able to effectively navigate this rapidly changing landscape. 'Archer Daniels Midland Company', 'BASF SE', 'Bayer AG', 'Bunge Limited', 'Cargill, Incorporated', 'Corteva Agriscience', 'Danone', 'General Mills, Inc.', 'Kellogg Company', 'Kraft Heinz Company', 'Mars, Incorporated', 'Monsanto Company', 'Nestlé S.A.', 'PepsiCo, Inc.', 'Syngenta AG', 'The Coca-Cola Company', 'The Hershey Company', 'Unilever', 'Yara International ASA', 'Zoetis Inc.'

As the world's population continues to grow, the demand for food is also increasing. Sustainable agriculture practices help to increase yields and ensure that food is produced in a more efficient and environmentally friendly way.

Increasing consumer demand for sustainable and organic food products: Consumers are becoming more aware of the environmental impact of conventional agriculture, and are increasingly looking for sustainable and organic food products. This is driving demand for sustainable agriculture practices and products.

North America is a significant market for sustainable agriculture, with the United States being the largest market in the region. The United States is the largest market for sustainable agriculture in the region, with increasing consumer demand for sustainably produced food driving the growth of the market. The adoption of these practices is also being supported by government initiatives such as the Agriculture and Food Research Initiative (AFRI) and the Sustainable Agriculture Research and Education (SARE) program. In addition to the United States, Canada is also a significant market in the region, with a growing focus on sustainable agriculture practices and increasing government support for these initiatives. The adoption of these practices in Canada is being driven by a growing awareness of the importance of sustainable agriculture, as well as increasing demand for sustainably produced food from consumers. The North American market is being driven by factors such as increasing consumer demand for sustainably produced food, government support for these initiatives, and technological advancements in these practices. The region is expected to continue to see strong growth in the adoption of sustainable agriculture practices over the coming years.

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Global Sustainable Agriculture Market Size, Share, Growth Analysis, By Product Type(Seeds and traits, biopesticides), By Farming System(Organic farming, conservation agriculture) - Industry Forecast 2024-2031

Global Sustainable Agriculture Market Dynamics

Global Sustainable Agriculture Market Report Snapshots

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