What’s regenerative agriculture and what are its market prospects?
Added 4 months ago
By Hawke's Bay Future Farming Trust
Regenerative agriculture focuses on improving soil health, increasing biodiversity, and enhancing ecosystem services while also producing food and fiber. This approach emphasizes practices such as minimal tillage, cover cropping, crop rotation, and integrated livestock management.
The global regenerative agriculture market size is estimated to reach $16.8 billion by 2027, growing at a 14.0% compound annual growth rate (CAGR). The global market size was valued at $8.7 billion in 2022.
Regenerative Agriculture Market Trends
- Consumer Demand for Sustainable and Ethical Products
- Climate Change Mitigation
- Soil Health Awareness
- Policy Support and Incentives
- Supply Chain Transparency and Certification
The increasing awareness among farmers about the advantages of regenerative agriculture, combined with the proactive backing of various stakeholders through initiatives like carbon credit programs, is poised to propel market growth in the region. Additionally, consumer willingness to pay premium prices for sustainably sourced food products in North America serves as an additional catalyst, further fueling market expansion.
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