A booming organic market grows rapidly
A recent study called ”The World of Organic Agriculture” held by the Swiss State Secretariat for Economic Affairs (SECO), the International Trade Centre (ITC), and Nurnberg Messe, the organizers of the BIOFACH fair, points out the changing trend from chemical farming to organic farming as the consumers are demanding for food safety and security leading to the rise of organic produce. So, more farmers cultivate organically, more land is certified organic, and 178 countries report organic farming activities.
According to Ecovia Intelligence (market research company), the global market for organic food reached 89.7 billion US dollars in 2016 (more than 72 billion euros). The United States secured the first position in the market with 38.9 billion euros, followed by Germany (9.5 billion euros), France (6.7 billion euros), and China (5.9 billion euros). In 2016, most of the major markets continued to show double‐digit growth rates, and the French market grew by 22 percent. Switzerland had the highest per capita spending (274 Euros), and Denmark had the highest organic market share (9.7 percent of the total food market)
THERE ARE ALMOST THREE MILLION PRODUCERS IN THE WORLD
2.7 million organic producers have been reported in the year 2016. India has the highest number of producers (835,200), followed by Uganda (210,352), and Mexico (210,000). They are contributing handsomely in the growth of organic market sphere.
ALMOST 58 MILLION HECTARES BELONGS TO ORGANIC FARMING
By the end of 2016, 57.8 million hectares were organically managed, representing a growth of 7.5 million hectares over 2015, which is considered as the largest growth ever recorded. Australia has the largest organic agricultural area (27.2 million hectares), followed by Argentina (3 million hectares), and China (2.3 million hectares).
FIFTEEN COUNTRIES IN THE WORLD HAVE MORE THAN 10 PERCENT OF ORGANIC FARMLAND
Liechtenstein is the country with the largest organic share of agriculture land (37.7%) of their total farmland, followed by French Polynesia (31.3%), and Samoa (22.4%). A new record is set by fifteen countries, for having more than 10 percent of organic farmland
The organic market would continue to rise with more demand and better systems in place.
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Authored by Smur Marcom – Miss. Konudula Oohitha