Latest News- Regenerative Agriculture Market: Carbon sequestration is expected to lead the Application segment during 2024-2028
The Regenerative Agriculture Market is being driven by Rising environmental concerns
The Regenerative Agriculture Market is expected to grow at a CAGR of 12.63% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 921.18 million. The global regenerative agriculture market is experiencing significant growth due to increasing government support for sustainable farming practices. Governments are implementing various incentives, subsidies, and regulatory frameworks to encourage farmers to adopt regenerative agriculture principles. For instance, the European Union's (EU) Farm to Fork Strategy focuses on enhancing food system sustainability by reducing the use of harmful chemicals such as pesticides and antibiotics. The EU's initiatives align with regenerative agriculture's core tenets, which prioritize soil health, biodiversity, and resilience. These government efforts are instrumental in driving the regenerative agriculture market forward.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Carbon sequestration, Nutrient cycling, Biodiversity) Method (Aquaculture, Agroecology, Agroforestry, Silvopasture, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Regenerative Agriculture Market Research Report
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The Regenerative Agriculture Market encompasses various initiatives aimed at reducing food waste, conserving biodiversity, and promoting the local food movement. It includes extension services, sustainable land management practices such as no-till farming, agro-ecological intensification, and soil carbon sequestration. Climate-smart agriculture, precision agriculture, and intercropping are also integral parts of this market. The focus is on supply chain efficiency, sustainable intensification, and rural development through agritourism and urban agriculture. Sustainable farming practices like conservation agriculture, nutrient management, and water conservation contribute to environmental sustainability, crop yields, and carbon footprint reduction. The market also emphasizes climate change mitigation, ethical consumption, farmland conservation, and eco-friendly farming methods. Organic food products and vertical farming are other significant aspects, as well as supply chain disruptions, climate-smart agriculture, and pest control solutions. The ultimate goal is to create sustainable food systems that prioritize environmental advantages, soil fertility, and greenhouse gas emissions reduction.
In the agricultural sector, the Regenerative Agriculture Market is a significant segment of the global Agricultural and Farm Machinery Market. This market encompasses companies manufacturing agricultural and farm machinery, including tractors, harvesters, planters, livestock machinery, and irrigation systems. Technavio, a leading market research firm, estimates the market size based on the revenues generated from these machinery sales. Key growth drivers for the Agricultural and Farm Machinery Market include an increasing focus on product innovation, with vendors launching sustainable alternatives to traditional heavy tillage practices. Consumer preferences for improved ecosystem services, such as water quality, further fuel market expansion. The Common Agricultural Policy and incentives from governments also support the adoption of regenerative agriculture, contributing to the market's growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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