Regenerative Agriculture Market to be Worth $2,900.2 Million by 2030: Grand View Research, Inc.

SAN FRANCISCO, May 9, 2023 /PRNewswire/ -- The global regenerative agriculture market size is expected to reach USD 2,900.2 million by 2030, registering a CAGR of 15.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Regenerative agriculture is a farming approach that prioritizes improving soil health, biodiversity, ecosystem services, and community well-being. This method is becoming increasingly popular worldwide as a sustainable alternative to conventional farming practices that often rely on synthetic inputs and heavy tillage. Governments worldwide recognize this industry's significance in mitigating climate change, promoting soil health, and enhancing food security.

Key Industry Insights & Findings from the report:

• The service segment is expected to account for the largest revenue share in the overall market by 2030, registering a CAGR of 16.1% over the forecast period.
• Over the forecast period, there will be a significant expected increase in demand for regenerative agriculture by farmers, financial institutions, as well as in the advisory bodies end-user segment.
• Soil amendments, such as biochar, compost, and other organic matter, can help improve soil health, increase nutrient availability, and promote beneficial microbial activity.
• Advances in technology, such as on-farm composting systems, can make it easier for farmers to produce and apply these amendments to their fields.
• The agroforestry agriculture type is widely used; however, the aquaculture/ocean farming agriculture type is anticipated to witness high growth over the forecast period.

Read full market research report, "Regenerative Agriculture Market Size, Share & Trends Analysis Report By Agriculture Type (Agroforestry, Biochar), By End-user (Farmers, Service Organization), By Component (Solutions, Services), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Regenerative Agriculture Market Growth & Trends

Incentives, subsidies, and support programs are provided to encourage farmers to adopt regenerative practices. For example, in the U.S., the Department of Agriculture has launched several initiatives to promote this market, such as the Environmental Quality Incentives Program, the Conservation Stewardship Program, and the Regional Conservation Partnership Program. Cover crops play a vital role in regenerative agriculture, as they can improve soil health by fixing nitrogen, increasing soil organic matter, reducing soil erosion, and suppressing weeds. Seed blending technology is a technological advancement in regenerative agriculture that allows farmers to create custom cover crop blends.

With seed blending technology, farmers can mix and match different cover crop species and varieties to create a blend tailored to their specific needs and goals. Seed blending technology uses specialized equipment to mix and distribute cover crop seeds evenly across a field. The equipment can handle a wide range of cover crop seed sizes and types, making it possible to create diverse and customized blends. The increasing awareness among consumers about sustainable practices has resulted in a shift in their preferences toward food items produced using these methods.

Nowadays, consumers seek healthy and nutritious food and those that are environmentally sustainable and support local communities. Consequently, several food companies are now promoting their products as being produced using regenerative practices, which has become a potent marketing tool. Consumers are willing to pay a premium price for food products that resonate with their values. As a result, more and more food companies are adopting these sustainable practices, contributing to the greater awareness and adoption of these practices across the food industry.

Regenerative Agriculture Market Segmentation

Grand View Research has segmented the global regenerative agriculture market on the basis of component, agriculture type, end-user, and region

 Regenerative Agriculture Market - Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solutions
• Services

Regenerative Agriculture Market - Type Outlook (Revenue, USD Million, 2017 - 2030)

• Agroforestry
• Silvopasture
• Aquaculture/Ocean Farming
• No-Till and Pasture Cropping
• Holistically Managed Grazing
• Biochar
• Others

Regenerative Agriculture Market - End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Farmers
• Service Organization
• Financial Institutions
• Advisory Bodies
• Consumer Packaged Goods Manufacturers

Regenerative Agriculture Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• K.S.A
• U.A.E.
• South Africa

List of Key Players in Regenerative Agriculture Market

• Vayda
• Terramera Inc.
• Agreed.Earth
• Biotrex
• Ecorobotix SA
• Ruumi
• Continuum Ag
• Aker Technologies, Inc.
• Indigo Ag, Inc.
• Tortuga Agricultural Technologies, Inc.
• Astanor Ventures
• SATELLIGENCE

Check out more related studies published by Grand View Research:

• Smart Agriculture Market - The global smart agriculture market size is anticipated to reach USD 54.71 Billion by 2030, expanding at a CAGR of 13.4% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.
• Artificial intelligence in Agriculture Market - The global artificial intelligence in agriculture market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 25.4% from 2019 to 2025. Artificial intelligence solutions in the agricultural industry are emerging in various forms, such as soil and crop monitoring, agricultural robots, and predictive analytics. Farmers and agribusiness corporations are increasingly using soil sampling and artificial intelligence -enabled sensors for data gathering for better analysis and processing. The availability of these processed data has paved the way for the deployment of artificial intelligence in agriculture and farming.
• Plant Phenotyping Equipment Market - The global plant phenotyping equipment market size is estimated to reach USD 276.86 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.51% over the forecast period. Global population is projected to surpass 9 billion by 2050, thus posing the challenge of adequate crop production to meet rising food needs. This, in turn, is expected to open up potential opportunities for crop improvement and plant science. However, adequate crop production would be challenging, particularly since crop production has been rising by approximately 1.3% per year on average. This is not sufficient to meet the pace of population growth. Plant phenotyping is emerging as an effective means to overcome this challenge. Thus, the plant phenotyping equipment market is expected to witness significant growth over the forecast period.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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SOURCE Grand View Research, Inc.