Regenerative Agriculture Industry Outlook, 2030: Agroforestry Dominates, Aquaculture Gains Momentum – ResearchAndMarkets.com
July 28, 2023 10:55 AM Eastern Daylight Time
DUBLIN–(BUSINESS WIRE)–The “Regenerative Agriculture Markets, 2023-2030” report has been added to ResearchAndMarkets.com’s offering.
The global regenerative agriculture market is expected to reach a size of USD 2.9 billion by 2030, exhibiting a strong CAGR of 15.7% from 2023 to 2030. Regenerative agriculture is a sustainable farming approach that prioritizes improving soil health, biodiversity, ecosystem services, and community well-being. It is gaining popularity as an alternative to conventional farming practices that rely on synthetic inputs and heavy tillage.
Government Support and Incentives
Governments worldwide recognize the significance of regenerative agriculture in mitigating climate change, promoting soil health, and enhancing food security. To encourage farmers to adopt these practices, governments ofer incentives, subsidies, and support programs. For example, in the U.S., the Department of Agriculture has launched initiatives like the Environmental Quality Incentives Program, the Conservation Stewardship Program, and the Regional Conservation Partnership Program to promote the adoption of regenerative agriculture.
Seed Blending Technology and Custom Cover Crop Blends
Cover crops play a crucial role in regenerative agriculture as they improve soil health by fixing nitrogen, increasing organic matter, reducing erosion, and suppressing weeds. Seed blending technology is an innovative advancement that allows farmers to create custom cover crop blends tailored to their specific needs and goals. Specialized equipment is used to mix and distribute cover crop seeds evenly across fields, accommodating various seed sizes and types. This technology enables farmers to create diverse and customized blends for improved sustainability.
Growing Consumer Awareness and Adoption
Increasing consuer awareness of sustainable practices has driven a shift in their preferences towards food produced using regenerative agriculture methods. Consumers now seek healthy, nutritious, environmentally sustainable, and locally supportive food items. Many food companies have started promoting their products as being produced using regenerative practices, effectively using it as a marketing tool. Consumers are willing to pay a premium for food products that align with their values, leading more food companies to adopt sustainable practices and driving greater awareness and adoption of regenerative agriculture across the food industry.
Market Report Highlights
The service segment is expected to hold the largest revenue share in the market by 2030, with a CAGR of 16.1% over the forecast period.
A significant increase in demand for regenerative agriculture is anticipated from farmers, financial institutions, and advisory bodies.
Soil amendments like biochar, compost, and organic matter are usedto improve soil health, increase nutrient availability, and promote beneficial microbial activity.
Advances in technology, such as on-farm composting systems, make it easier for farmers to produce and apply these amendments to their fields.
While agroforestry is widely used, aquaculture/ocean farming is expected to witness high growth over the forecast period.
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, & Scope Outlook
Chapter 4. Regenerative Agriculture Market Component Outlook
Chapter 5. Regenerative Agriculture Market Agriculture Type Outlook
Chapter 6. Regenerative Agriculture Market End-user Outlook
Chapter 7. Regenerative Agriculture Market: Regional Estimates & Trend Analysis
Chapter 8. Regenerative Agriculture Market Competitive Landscape
Vayda
Terramera Inc.
Agreed.Earth
Biotrex
Ecorobotix SA
Ruumi
Continuum AG
Aker Technologies, Inc.
Indigo AG, Inc.
Tortuga Agricultural Technologies, Inc.
Astanr Ventures
SATELLIGENCE
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