posted by Keynote Connect
Sustainable agriculture gained popularity after the concept of modernization in environment and its implication to promote sanitary and phyto-sanitary measure for agriculture. This concept reveals that a sustained able agriculture does not deplete soils, people and resources. Sustainable agriculture is integrated, nature-based agro ecosystems designed to be self-reliant, resource- conserving and productive in both the short and long terms. A sustainable agriculture is ecologically sound, economically viable, socially just and humane. Sustainability rests on the principle that we must meet the needs of the present without compromising the ability of future generations to meet their own needs. Many inputs and practices used by conventional farmers are also used in sustainable agriculture. The goal is to develop efficient, biological systems, which do not need high levels of material inputs.
The Global sustainable Agriculture market accounted for $11.45 billion in 2018 and is expected to reach $30 billion by 2027 growing at a CAGR of 11.3% during the forecast period. Increasing income levels and command for protein-rich aqua food and rising focus of farmers on livestock monitoring and disease recognition are the major factors propelling the market growth. However, factors such as high upfront cost for use of new agricultural equipment and on the whole fragmented agriculture industry are hampering the market growth.
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