Organic Farming & Biological Treatment 2018

Organic farming contributes generously to future agricultural production worldwide by improving soil quality and pest control, thereby reducing environmental impacts of regular cultivating.

The organic farming market is projected to grow at a CAGR of 10.4% from 2016 and reach USD 1.12 billion by 2021. The market is primarily driven by factors such as high production of organic crops, implementation of stringent registration policies in agriculture, and increased expenditure on R&D by biological product manufacturers. The high growth potential in the Asia-Pacific region and untapped regions such as Africa and Middle East provide new growth opportunities for market players.

 

The global biostimulants market was valued at USD 1.79 Billion in 2016; this market is projected to reach USD 3.29 Billion by 2022, at a CAGR of 10.43% from 2017 to 2022.

The USA occupies around 33% of the overall market revenue during the forecast period, which is one of the largest treated seed exporting countries in the world. Factors behind this are innovations in treatment methods of crop seeds, particularly corn, maize, wheat, and soybean drives the growth of the market. The penetration and requirement for seeds with modern traits such as genetically engineered corn and soybeans will positively influence the growth of the market in North America.