Global Sustainable Agriculture Market

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

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

Global Sustainable Agriculture Market News

  • In November 2021, BASF announced that it had developed a new bio-based herbicide, which is made from 100% renewable resources. The herbicide is designed to provide an alternative to conventional herbicides, which can have negative environmental impacts.
  • In September 2021, Syngenta announced that it had received approval from the European Union for a new fungicide, which is designed to protect crops against a range of fungal diseases. The fungicide is based on a naturally occurring molecule and is considered to be more sustainable than conventional fungicides.
  • In August 2021, Corteva Agriscience announced that it had launched a new line of seed products that are designed to improve soil health and promote sustainable agriculture practices. The seed products are designed to improve nutrient availability and reduce erosion, among other benefits.
  • In July 2021, Monsanto announced that it had invested in a new startup, called Pivot Bio, which is developing a new microbial product that can be used to replace synthetic nitrogen fertilizers. The product is designed to help farmers reduce their environmental impact and increase their yields.
  • In May 2021, The Mosaic Company announced that it had entered into a partnership with AgBiome, a biotechnology company that is developing sustainable crop protection solutions. The partnership will focus on developing new microbial products that can help farmers reduce their use of synthetic pesticides.
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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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