The Australia organic farming market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028.
Organic farming refers to a technique of cultivating crops without using chemical based fertilizers, pesticides, genetically modified seeds and ingredients, etc. As compared to the conventional agricultural practices, organic farming help in improving soil fertility, lowering greenhouse gas emissions, reducing soil toxicity, enhancing yield quality, etc. Some of the common methods adopted in organic farming include crop rotation, polyculture, mulching, soil management, weed management, composting, etc.
In Australia, the growing consumer concerns towards the high prevalence of various chronic ailments due to the consumption of chemically cultivated food crops are primarily driving the market for organic farming. In line with this, the increasing awareness towards associated health benefits of organically grown fruits and vegetables is also propelling the market growth. Additionally, a rising number of food safety standards for mitigating the excessive use of fertilizers and artificial growth regulators is further strengthening the industry growth. The Organic Federation of Australia is also introducing various support policies, financial aids, and awareness programs for sustainable cultivation of organic food crops. Apart from this, the growing inclination of farmers towards bio-agriculture practices for improving soil quality and enhancing production capacity is also catalyzing the market growth. In the coming years, the rising investments in extensive R&D activities for the introduction of innovative farming techniques with diversified advantages will continue to drive the demand for organic farming in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Australia organic farming market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, product, method and end user.
Breakup by Type:
- Pure Organic Farming
- Integrated Organic Farming
Breakup by Product:
- Cereals and Grains
Breakup by Method:
- Crop Rotation
- Soil Management
- Weed Management
Breakup by End User:
- Agriculture Companies
- Organic Farms
Breakup by Territory:
- Western Australia
- New South Wales
- Rest of Australia
The competitive landscape of the industry has also been examined with some of the key players being BASF SE, Bauer's Organic Farm Pty Ltd, Bayer Cropscience Pty Ltd (Bayer AG), Best Environmental Technologies Pty Ltd, BIOAG Pty Ltd, Fertoz Agriculture Pty Ltd, Grassdale Fertilisers Pty Ltd, Mapleton Agri Biotec Pty Ltd, Solvay S.A. and Sustainable Farming Solutions Pty Ltd.
|Base Year of the Analysis
||Type, Product, Method, End User, Territory
|| Western Australia, New South Wales, Queensland, Victoria, Rest of Australia
||BASF SE, Bauer's Organic Farm Pty Ltd, Bayer Cropscience Pty Ltd (Bayer AG), Best Environmental Technologies Pty Ltd, BIOAG Pty Ltd, Fertoz Agriculture Pty Ltd, Grassdale Fertilisers Pty Ltd, Mapleton Agri Biotec Pty Ltd, Solvay S.A. and Sustainable Farming Solutions Pty Ltd
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
- How has the Australia organic farming market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Australia organic farming market?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the method?
- What is the breakup of the market based on the end user?
- What is the breakup of the market based on the territory?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Australia organic farming market and who are the key players?
- What is the degree of competition in the industry?