Growing up: Rising demand has supported growth in industry enterprise numbers
The Organic Crop Farming industry has benefited from strong growth in consumer demand for organic food over the past five years. Once considered an alternative food eaten only by a minority of the population, organic produce has become increasingly common in consumer diets and retail stores. Organic fruits and vegetables are often perceived as healthier than their conventionally farmed counterparts due to the absence of synthetic chemicals, genetic modification, pesticides and fertilisers in their production. Rising health consciousness and greater public concern regarding the effects of conventional farming on the environment have driven demand for organic fruits, vegetables, grains, nuts and herbs over the past five years. Industry revenue is expected to increase at an annualised 10.9% over the five years through 2022-23, to $1.5 billion.
Farmers in the industry grow organic crops such as fruits, vegetables, grains, nuts and oilseeds. Organic crops must be grown without manufactured fertilisers, pesticides, growth regulators or any other plant modifications.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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