Asia Pacific Organic Farming Market Size, Share, By Farming Type (Pure Organic Farming and Integrated Organic Farming), By Method (Crop Diversity, Weed Management, soil management, and Controlling Other Organisms) and By Country (India, Japan, South Korea, China, and Rest of Asia Pacific) - Trends, Analysis and Forecast till 2034

Report Code: PMI538424 | Publish Date: June 2024 | No. of Pages: 115

Asia Pacific Organic Farming Market Overview

Asia Pacific Organic Farming Market Size was valued at USD 52.12 Billion in 2024 and is projected to grow at a CAGR of 10.5% to reach USD 135.23 Billion by 2034.

The Asia Pacific Organic Farming Market is witnessing significant growth, fueled by rising consumer health and sustainability awareness, increasing disposable incomes, and supportive government initiatives. Organic farming, which emphasizes natural processes and eschews synthetic fertilizers and pesticides, is gaining traction in the region. The market includes various organic products such as fruits, vegetables, grains, dairy, and meat. Key countries like China, India, Japan, and Australia are at the forefront of this growth, expanding their organic farmland and increasing organic food production. This shift towards organic farming reflects a broader trend towards sustainable agricultural practices and healthier food choices, positioning the Asia Pacific region as a dynamic and rapidly growing global organic farming industry.

Asia Pacific Organic Farming Market Drivers & Restraints

Key Drivers of Target Market:

Rising Health Consciousness and Disposable Incomes

One of the primary driving factors for the organic farming market in the Asia Pacific is the rising health consciousness among consumers and increasing disposable incomes. As people become more aware of the health benefits associated with organic foods—such as the absence of synthetic pesticides and GMOs and higher nutritional value—they are more willing to pay a premium for these products. This trend is particularly evident in urban areas, where affluent consumers seek healthier and safer food options for their families. The growing middle class in countries like China and India is also driving demand for high-quality organic products. This increased consumer spending power is leading to greater market opportunities for organic farmers and food producers, fostering the growth of the organic farming sector in the region.

Government Initiatives and Policy Support

Another significant driving factor in the Asia Pacific organic farming market is the robust support from government initiatives and policies. Governments across the region are increasingly recognizing the environmental and economic benefits of organic farming and are implementing various programs to promote it. These initiatives include financial incentives, subsidies, and grants to help farmers transition to organic farming. For example, India's Paramparagat Krishi Vikas Yojana (PKVY) scheme provides financial assistance to farmers who are adopting organic practices. Similarly, China's national policies encourage sustainable agricultural practices and support organic certification processes. These government-backed initiatives are crucial in reducing the financial barriers associated with organic farming and are instrumental in expanding the Asian Pacific region's organic farming landscape.

Restrains:

High Costs and Certification Challenges

Despite the positive growth outlook, the Asia Pacific organic farming market faces challenges, with high costs and certification difficulties being significant restraining factors. Transitioning to organic farming requires substantial upfront investments in organic seeds, natural fertilizers, and pest control methods. Organic farming is often more labor-intensive, leading to higher labor costs. Organic certification is also stringent and costly, involving rigorous standards and extensive documentation. These financial and administrative burdens can be particularly challenging for small and marginal farmers, deterring them from entering the organic market. Maintaining certification requires continuous compliance with organic standards, adding to the operational complexities and costs. These challenges can limit the expansion of organic farming, particularly among smaller agricultural enterprises that may lack the resources to manage these hurdles effectively.

Asia Pacific Organic Farming Market Segmentations & Regional Insights

The market is segmented based on Farming Type, Method and Country.

Asia Pacific Organic Farming Market Report Scope:

Attribute

Details

Market Size 2024

USD 52.12 Billion

Projected Market Size 2034

USD 135.23 Billion

CAGR Growth Rate

10.5%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Pure Organic Farming and Integrated Organic Farming

By Method - Crop Diversity, Weed Management, soil management and Controlling Other Organisms

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study, has segmented the Organic Farming Market report based on Farming Type, Method and Country:

Segmentation:

By Farming Type:

  • Pure Organic Farming

  • Integrated Organic Farming

By Method Industry:

  • Crop Diversity
  • Weed Management
  • Soil management
  • Controlling Other Organisms

By Country:

  • India
  • Japan
  • South Korea
  • China
  • Rest of Asia Pacific

Asia Pacific Organic Farming Market Competitive Landscape & Key Players

The key players operating the Organic Farming Market includes BIOLCHIM S.P.A., BASF SE, Bayer AG, COROMANDEL INTERNATIONAL LTD, Dow, Inc., Organic farmers co, SOLVAY SA, Applegate Farms.

Asia Pacific Organic Farming Market Company Profile

 

FAQs

The Asia Pacific Organic Farming Market is segmented into Farming Type, Method and Country.

Rising Health Consciousness and Disposable Incomes and Government Initiatives and Policy Support.

By Country, the Organic Farming Market is segmented into India, Japan, South Korea, China and Rest of Asia Pacific, India is expected to dominate the Market due to large Yearly Farm Yield.

The key players operating the Organic Farming Market includes, BIOLCHIM S.P.A., BASF SE, Bayer AG, COROMANDEL INTERNATIONAL LTD, Dow, Inc, inc., Ltd., Organic farmers co, SOLVAY SA, INC., INC., Applegate Farms.