Not enough land is being converted to organic farming to meet the increase in demand for organic products, according to market analysis from Informa’s Agribusiness Intelligence.
While organic farmland has grown globally by 8.4% a year since 2001, consumption of organic food has risen by 10.2% annually, the company reported.
The current organic food market stands at around US$320bn. In 2016, a total of 57.8m ha had been approved for organic production worldwide, accounting for 1.2% of farmland globally, including 13.4m ha in just the last two years.
Approximately 2.7m farmers were identified as organic farmers in 2016, an increase of 13% year-on-year. Meanwhile, there are now 15 countries where more than 10% of the total farmland area is registered organic. –Fruit Net