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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Sustainable Agriculture Market Size
The global sustainable agriculture market is projected to grow at a CAGR of 10.40% between 2024 and 2032.
Sustainable Agriculture Market Outlook
- As per the report by the World Bank, the total global investment should be around USD 260 billion per year to cut agriculture emissions in half by 2030.
- As per the industry report, the annual emissions of greenhouse gases (GHG) from the global agrifood system amount to approximately 16 gigatonnes, which creates ample demand for sustainable agriculture.
- As per the reforms in common agricultural policy (CAP) of the EU on January 1st, 2023, the policy now offers strong support for the transition towards sustainable systems in agriculture, in tandem with the European Green Deal.
Sustainable Agriculture Market Growth
Rising environmental concerns due to soil degradation and water scarcity, growing demand for organic products, and implementation of innovative techniques such as precision farming and smart irrigation systems are some prominent market drivers. Moreover, sustainable agriculture practices such as crop rotation and cover cropping can improve soil health and fertility.
In 2024, FNB Agriculture introduced the FNB Sustainable Agriculture Loan during the Nampo event in South Africa, which is designed to support farmers and businesses in implementing sustainable practices that promote growth and environmental health.
MarHebbevu Farms, a prominent managed farmland enterprise located in Bangalore, India, achieved a noteworthy milestone by generating a revenue of Rs. 30 crores. This accomplishment highlights Hebbevu Farms' dedication to transforming sustainable agriculture and reshaping the organic farming sector in the region.
Sustainable Agriculture Industry Segmentation
“Sustainable Agriculture Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Seeds and Traits
- Biopesticides
- Biostimulants
- Others
Market Breakup by Farming System
- Organic Farming
- Conservation Agriculture
- Integrated Pest Management
- Precision Agriculture
Market Breakup by Formulation
- Liquid
- Dry
Market Breakup by Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Sustainable Agriculture Market Share
Based on the farming system, the market is divided into organic farming, conservation agriculture, integrated pest management, and precision agriculture, among others. Organic farming accounts for a major market share as it directly addresses the main concerns of consumers regarding food health and safety and encompasses practices such as crop rotation and composting that enhance soil health.
Leading Companies in the Sustainable Agriculture Market
The market players are introducing novel agriculture technologies to meet the evolving regulatory landscape.
- Bayer AG
- Corteva Agriscience
- BASF SE
- Ingredion Incorporated
- Syngenta AG (VALAGRO S.P.A)
- Koppert B.V.
- Biobest Group NV
- Nutrien Ltd.
- Olam Group
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Farming System |
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| Breakup by Formulation |
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| Breakup by Crop Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 10.40% between 2024 and 2032.
The market is being driven due to rising environmental concerns due to soil degradation and water scarcity, growing demand for organic products, and implementation of innovative techniques.
The key trends aiding the market include the rising implementation of integrated pest management, consumer awareness programs, and the growth of vertical farming.
Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Based on farming system, market segmentations include organic farming, conservation agriculture, integrated pest management, and precision agriculture, among others.
Different crop types are cereals and grains, oilseeds and pulses, and fruits and vegetables, among others.
The major players in the market are Bayer AG, Corteva Agriscience, BASF SE, Ingredion Incorporated, Syngenta AG (VALAGRO S.P.A), Koppert B.V., Biobest Group NV, Nutrien Ltd., and Olam Group, among others.
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