The North America Regenerative Agriculture Market would witness market growth of 13.6% CAGR during the forecast period (2023-2029).
The agriculture industry has expanded significantly in recent years. Concerns about the depletion of water, soil, and air, the increase in greenhouse gas emissions, the rising demand for high-quality food, and the improvement of the health of the soil and organic matter in the soil have led to the adoption of advanced farming techniques by numerous farmers around the region. In regenerative agriculture, techniques such as no-till farming, crop rotation, livestock rotation, agroecology, and agroforestry are utilized frequently and play a crucial role in ensuring the sustainability of food production. In addition, increasing soil biodiversity through regenerative agriculture creates resilient soil capable of enduring climate change impacts, including drought and flooding.
Increased government, organization, and farmer welfare association support drive market expansion. As a sustainable alternative to traditional farming practices that frequently rely on synthetic inputs and intensive tillage, it is acquiring popularity globally. Governments acknowledge the significance of this market for minimizing the effects of climate change, increasing soil health, and enhancing food security. Accordingly, they provide subsidies, incentives, and support programs encouraging farmers to implement regenerative agricultural practices. As a result, farmers have embraced regenerative agriculture in recent years as they increasingly recognize its benefits. Also, farmers can reduce their input costs by implementing regenerative practices and raising yields over time. Moreover, sequestering carbon in the soil can help mitigate the effects of climate change.
The Canadian government is promoting regenerative farming to hasten the transition to sustainable agriculture. This policy will enable the nation to combat climate change while guaranteeing the country's access to food by prioritizing climate action through environmental stewardship. Through government programs and services, this activity includes assisting producers and farmers in implementing regenerative agricultural methods. The strategy framework for regenerative agriculture and agritech shows how to support farmers, producers, and indigenous peoples who adopt these more environmentally friendly methods. In addition, the government authorities have expanded upon the Food Security Task Force report's suggestions. The region’s increasing awareness and utilization of regenerative agriculture due to the increased support for sustainable agriculture, will help the market expansion in North America.
The US market dominated the North America Regenerative Agriculture Market by Country in 2022 thereby, achieving a market value of $1,362 Million by 2029, growing at a CAGR of 12.9% during the forecast period. The Canada market is showcasing a CAGR of 16.2% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 15.2% during (2023 - 2029).
Based on End-user, the market is segmented into Service Organization, Consumer Packaged Goods Manufacturers, Advisory Bodies, Financial Institutions and Farmers. Based on Component, the market is segmented into Solution and Services. Based on Type, the market is segmented into Agroforestry, Aquaculture/Ocean Farming, Silvopasture, No-Till & Pasture Cropping, Biochar, Holistically Managed Grazing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Regenerative Agriculture Market is Projected to reach USD 5 Billion by 2029, at a CAGR of 14.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, Danone, S.A., General Mills, Inc., Cargill, Incorporated, Unilever PLC, Terramera, Inc., Soil Capital Ltd, Indigo Ag, Inc., and Grounded.
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