- Organic farming is forecast to grow at a CAGR of 8.4 percent through 2026, fueled by high demand and concerns about the use of traditional agricultural practices
- The organic pesticide market is also expected to expand, at a CAGR of approximately 14.9 percent through 2023
- These market dynamics show that companies like MustGrow Biologics that specialize in biopesticides and biofertilizers could benefit from significant growth opportunities
As the global organic farming market continues growing at a sustainable and consistent rate, new expansion opportunities emerge for organizations such as MustGrow Biologics Corp. (CSE: MGRO), an agricultural biotech company that develops and commercializes natural biopesticides and bio-fertilizers serving as an alternative to synthetic pesticides and fertilizers typically used by cannabis and fruit and vegetable growers.
According to the ‘Organic Farming Market – Size, Share, Outlook and Opportunity Analysis’ report, the global organic farming market is anticipated to grow at a CAGR of 8.4 percent through…
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