MARKET OVERVIEW - GLOBAL REGENERATIVE AGRICULTURE MARKET
Regenerative agriculture is a potential way to restore and compensate for soil, water and air conditions in ways that can overcome the negative impacts of industrial agriculture. These are holistic agricultural practices aimed at improving soil health and reversing climate change. This process includes biodiversity, improved water cycle, increased organic matter in the soil structure, and carbon transfer from the atmosphere to the soil. Farmers, traders, academics, customers, politicians and corporate media are increasingly paying attention to regenerative agriculture due to its benefits that have contributed to the growth of the regenerative agriculture market.
MARKET DRIVER
With the continuously growing worldwide population, there is a greater need to reduce GHG pollution and improve soil quality and water balance, which are expected to contribute to the growing trend. Increasing awareness and acceptance of regenerative agriculture and development due to growing concern and understanding of water, land and air depletion caused by agriculture is expected to boost the growth of the regenerative agriculture market during the forecast period. Further, favorable government policies and initiatives; rapid adoption of modern agricultural practices by farmers. Also, the benefits associated with regenerative agriculture and the increasing incidence of soil erosion are other factors expected to drive the demand for regenerative farming methods worldwide.
MARKET OPPORTUNITY
Increasing initiatives to raise awareness of regenerative agriculture by governments and companies such as General Mills and PepsiCo are expected to create opportunities for market growth. General Mills has raised public awareness of regenerative agriculture through its products. In April 2020, we released two exclusive Annie's label items using regenerative farming ingredients. The growing investment and expansion would offer a lucrative opportunity for market growth. Furthermore, a rapidly growing number of market participants dedicated to better serving the agricultural sector is supporting the growth of the global regenerative agriculture market. Moreover, the growing research and development around the use of biologicals for carbon sequestration is expected to provide an opportunity.
MARKET RESTRAINT
However, lack of awareness among farmers about technical practices and benefits is a major factor restraining market growth. Farmers and ranchers run complicated businesses in a dangerous, low-margin, and constantly evolving business climate, which keeps them very busy. Due to this reality, learning about and experimenting with new management strategies is a laborious and tedious process.
MARKET GROWTH CHALLENGES
The huge capital intensity, and lack of skilled labor and expertise to operate machinery and tools are expected to limit the growth of the regenerative agricultural market. Further, upstream demand is unpredictable and consumers are reluctant to pay a premium for products made using sustainable processes. The value chain and marketing challenge for products obtained from regenerative agriculture.
CUMULATIVE GROWTH ANALYSIS
The report provides in-depth analysis of the regenerative agriculture market, market size, and compound annual growth rate (CAGR) for the forecast period of 2023-2029, considering 2022 as the base year. Concerns about worsening climatic conditions and technological advances in machinery and equipment to improve the agricultural sector are growing rapidly across the globe, fueling the growth of the market which is expected to witness growth at a specific CAGR from 2023-2029.
GLOBAL REGENERATIVE AGRICULTURE MARKET SEGMENTAL OVERVIEW
The regenerative agriculture market comprises of different market segment like type, application, and geography.
GLOBAL REGENERATIVE AGRICULTURE MARKET BY TYPE
By type, the regenerative agriculture includes key segment of
- No-Till and Pasture Cropping
- Ecological Aquaculture
- Biochar and Terra Preta
- Annual Organic Cropping
- Holistically Managed Grazing
Over the forecast period, agroforestry is expected to dominate the market. A resilient and sustainable agricultural practice, regenerative agroforestry, has the potential to help resolve the climate issue. This innovative farming method increases food security by expanding the population while improving the environment, reducing climate change and enabling economically viable production. Large-scale forestry is a type of agroecology that combines trees and agriculture. Cultivated trees offer additional benefits in terms of shelter, fruit, etc. The added benefits of these practices and the growing awareness of them will drive the growth of the global regenerative agricultural market.
GLOBAL REGENERATIVE AGRICULTURE MARKET BY APPLICATION
By application, the regenerative agriculture includes key segment of
- Nutrient cycling
- Carbon Sequestration
- Biodiversity
- Others
The carbon sequestration application segment is expected to dominate the regenerative agriculture market and maintain its position throughout the forecast period. Carbon sequestration is a technology that captures and stores greenhouse gases from the atmosphere in order to mitigate climate change, rehabilitate degraded land, and increase crop yields. This process is the long-term removal of the atmosphere to reduce atmospheric carbon dioxide pollution and reverse the adverse effects of climate change. Further, the growing concerns over combating global environmental degradation, as well as the prevalence of no-tillage, crop rotation, livestock rotation, and recycling methods are expected to boost the growth of the segment over the forecast period.
GLOBAL REGENERATIVE AGRICULTURE MARKET BY GEOGRAPHY
By geography, the regenerative agriculture includes key segment of
- North America
- Asia Pacific
- Europe
- RoW
North America is expected to dominate the market over the forecast period due to a growing trend toward rapid adoption of new technologies combined with accessibility to advanced agricultural tools and equipment. Further, increasing business support for sustainable agriculture and the presence of major market players are expected to drive the market’s growth during the forecast period. For instance, in December 2020, Danone North America, a diversified dairy and plant-based food and beverage company, is expanding its regenerative agriculture program, currently the largest dairy regenerative agriculture program in the United States.
The Asia-Pacific segment is expected to register the fastest CAGR during the forecast period. Increasing government initiatives to encourage innovative agricultural techniques coupled with growing awareness of soil improvement are expected to create lucrative opportunities for market growth in the coming years.
COVID-19 IMPACT ANALYSIS ON GLOBAL REGENERATIVE AGRICULTURE MARKET
The COVID-19 pandemic has affected all industries, including agriculture. Due to the current pandemic situation, many manufacturing companies in the agricultural market are facing restrictions in production and production activities along with logistical difficulties due to continuous trade restrictions. On the other hand, supply chain disruption has affected. However, with the end of government-imposed lockdowns and shutdowns, the market is expected to expand the market in the coming years.
COMPETITIVE LANDSCAPE ANALYSIS
The competitive landscape analysis of the regenerative agriculture market is primarily focused on expanding the global growth of the regenerative agriculture market new product innovation, business expansion, and the increasing presence of a range of manufacturers operating in the market has led to growing demand for the market. Besides, the market offers a range of products to fulfil the required demand of consumers, which is further contributing to healthy growth in the market.
The key players studied in market are
- Alter Eco Americas, Inc
- Bluebird Grain Farms
- Cargill, Inc
- CIBO Technologies
- Continuum Ag
- Kiss the Ground
- EcoFarm
- Grounded South Africa
- Nestlé S.A
- New Life Tree Syrups
- White Oak Pastures
- La Delia Verde Farm
- Rodale Institute
- ReNature
- Rodale Institute
- Savory Network
- Regen AG
RECENT DEVLOPMENT
December 2021: CIBO Technologies has announced a collaboration with Continuum AG to create a new initiative called CIBO Carbon Bridge that brings agricultural knowledge to growers. The main goal of this program is to provide the best regenerative farming methods at an affordable price while improving soil health.
