Australia Organic Farming Market to Reach US$ 5.2 Billion by 2032, Propelled by the Increasing Health Consciousness Among Individuals

The latest report by IMARC Group, titled “Australia Organic Farming Market Report by Type (Pure Organic Farming, Integrated Organic Farming), Product (Fruits, Vegetables, Cereals and Grains, and Others), Method (Crop Rotation, Polyculture, Mulching, Soil Management, Weed Management, Composting, and Others), End User (Agriculture Companies, Organic Farms), and Territory 2024-2032,” finds that the Australia organic farming market size reached US$ 2.6 Billion in 2023. Organic farming refers to a technique of agriculture that involves cultivating and caring for crops using natural fertilizers and pesticides derived from animal and plant wastes. These products are free from growth regulators, chemicals, and genetically modified organisms (GMOs). It offers several benefits, including enhancing soil fertility, recycling animal waste back into the farm, and reducing greenhouse gas (GHG) emissions, pollution, and soil toxicity. In addition, organic farming crops are rich in essential vitamins, enzymes, minerals, and other micronutrients. As a result, organic farming is gaining immense traction among agriculture companies across the region.

Australia Organic Farming Market Trends:

The market is primarily driven by the increasing health consciousness among individuals. In addition, the increasing consumer inclination toward organic farming due to its benefits, such as being eco-friendly, providing a rich source of essential nutrients, and improving soil fertility, are contributing to the market growth. In line with this, the growing consumer concerns about the increasing incidences of chronic diseases resulting from the consumption of chemically grown food crops are accelerating the product adoption rate. Moreover, the widespread adoption of bio-agriculture practices to enhance soil quality and production capacity while preserving the biodiversity of the soil represents another major growth-inducing factor. Besides this, the rising awareness regarding the health benefits of organically grown fruits and vegetables and the incorporation of food safety standards to reduce the excessive use of fertilizers and artificial growth regulators are influencing the market growth. Along with this, the Organic Federation of Australia is encouraging sustainable cultivation of organic food crops through financial assistance, support policies, and awareness programs, which are propelling the market growth. Furthermore, the extensive investment in research and development (R&D) activities for the introduction of innovative farming techniques are creating positive market growth across the country. Looking forward, IMARC Group expects the market value to reach US$ 5.2 Billion by 2032, exhibiting a CAGR of 7.9% during the forecast period (2024-2032).

Market Summary:

• Based on the type, the market has been bifurcated into pure and integrated organic farming.
• On the basis of the product, the market has been categorized into fruits, vegetables, cereals and grains, and others.
• Based on the method, the market has been segmented into crop rotation, polyculture, mulching, soil management, weed management, composting, and others.
• On the basis of the end user, the market has been classified into agriculture companies and organic farms.
• Based on the territory, the market has been segregated into Western Australia, New South Wales, Queensland, Victoria, and the rest of Australia.
• The competitive landscape of the industry has also been examined in the report, 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. 

Report Scope:

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