The Global Organic Food market is to grow at a CAGR of 14.3 percent CAGR over the period 2012-2016. One of the key factors contributing to this market growth is the increased purchasing power of consumers. The Global Organic Food and Drink market has also been witnessing an increasing focus on organic farming. However, the high cost of organic food and drink could pose a challenge to the growth of this market.
Organic farming involves the production of crops without the use of chemical fertilizers and synthetic pesticides. Organic farming provides long-term benefits to the environment and consumers. The Global Organic Food and Drink market is witnessing the increasing adoption of organic farming methods because of the increasing demand for organic food products. Governments of various nations are offering strong support and are promoting organic farming as it will increase the contribution of the Agricultural sector to the GDP of their respective countries.