Global organic farming market was valued at US$ 170.00 Billion in 2022 in terms of revenue, and is expected to exhibit a CAGR of 10.41 % and expected to reach at 375.50 Billion during the forecast period (2023 to 2030).
Figure 1. Global Organic Farming Market Share, By Region, 2022
Asia Pacific was the fastest growing region and held the highest market share in 2022, owing to increasing government initiative in promoting organic farming by providing subsidies on organic fertilizers. North America held a significant market share in the global organic farming market in 2022, owing to increasing demand for organic food in the region. Europe has a significant market growth and accounted for 25% share of the global organic farming market in 2022, owing to stringent rules and regulations on chemical or conventional fertilizers and GMO (Genetically Modified Organism) products in this region.
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