Organic Crop Farming in the US - Industry Market Research Report

Organic Crop Farming in the US - Industry Market Research Report

  • April 2020 •
  • 31 pages •
  • Report ID: 5679180 •
  • Format: PDF
Organic growth: rising industry exports will boost industry revenue growth

Abstract

Organic Crop Farming
Over the five years to 2018, the Organic Crop Farming industry in the United States has exhibited strong revenue gains.Rising popularity of organic produce has pushed up demand for industry products, which trade at a premium compared with traditionally grown produce. Producers of organic crops tend to exhibit higher profitability than conventional producers due to high price premiums on organic produce.Overall, it is not a particularly beneficial time to be a farmer, with several indicators suggesting trouble is on the horizon for the Agricultural sector at large. Growth is expected to slow over the five years to 2023 as tough operating conditions persist. Industry participation is expected to decline slightly, as bankrupt farmers file for chapter 12. However, revenue performance is expected to be supported by growth in industry exports as well as a slight appreciation in agricultural prices, though the premium on organics can only rise so high before consumers are priced out.

Farmers in this industry grow organic crops. Organic crops are certified by the US Department of Agriculture, and therefore do not use manufactured fertilizers, pesticides, growth regulators or any other plant modifications.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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