Organic food: Growing for good
In this technology-driven world of ours, the agriculture sector is returning back to the traditional agricultural practices for a greater good for our health and this planet. A knowledge wave has educated many people across the globe about the harmful effects of all the chemicals and other artificial substances in food. Such awareness has resulted in the growing demand for organic food.
Many farmers across the globe have already begun their quest for organic food. They are already moving away from the modern day technology such as GMOs or other artificial fertilizers or pesticides in farming. This organic drive to produce food will ensure that everything from seed to the soil or water utilized in growing food is 100% natural. All these food will be free from all kinds of harmful chemicals, fertilizers, and pesticides used in modern day farming.
Organic farming methods take more time and care to produce food compared to other ways using chemicals and fertilizers. Hence, it is costlier to produce food organically compared to other foods that are produced in a lesser amount of time. However, the people across the globe are slowly realizing the importance of organic food and its impact on overall health. They are ready to spend extra money on organic foods if it ensures better health and longevity.
As per the Organic Trade Association report, there’s a steady growth in the global organic food market and it is expected to rise in coming years.
Global Organic Food Market: Drivers and Trends
Other than the health factor, environment concerns also act as a driving force behind the growth in the organic food industry. Pesticides and other chemicals used for producing food impact a human body. They also influence the soil and water. This becomes hazardous to the environment and results in environmental degradation in the long run.
On the contrary, natural fertilizers and organic manure are used for growing organic crops. These crops are cultivated and harvested in smaller farms. A greater emphasis is put on preserving the quality of soil and water. It also ensures the fertility of lands in the longer run. Organic farming methods also help in reducing the toxic waste load on nature. Due to these merits of organic farming, we can witness many governments funding organic farming, especially in developed countries.
Such an encouragement has influenced many private players to enter the organic food industry. With growing food demands and emergence of many organic food startups, this industry is getting a boost today like never before.
Global Organic Food Market: Geographical Outlook
The global organic food market can be classified into four major sectors. They are Asia Pacific, North America, Europe, and the Rest of the World. Europe is leading the pack in terms of revenue with North America pacing up to it. It is believed that the Rest of the World and Asia Pacific will overtake the two continents in coming years. In the current scenario, developed nations like Japan, Switzerland, South Korea, Germany, and the U.S. are leading the pack in terms of growing demands and overall organic food produce.