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Organic Seed Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
Global organic seed market was worth USD 1.6 billion in 2015 . It is expected to grow at a CAGR exceeding 14 % from 2016 to 2024 ( forecast period ). This may be attributed to escalating demand for organic food triggered by the growing awareness of ill-effects of chemicals used in non-organic crop cultivation .
Chemicals adversely affect human health as well as the environment . Governments and environmental agencies across the globe are taking initiatives to encourage adoption of organic farming . Moreover , organic crops retain more nutritional properties as compared to non-organic ones . A favorable regulatory framework is also fueling market growth .
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