An Analysis of Global Organic Farmland Leaders

  • Ghildiyal D
  • Mallaiah L
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Abstract

Organic farming is one of the methods by which the world can target the global sustainable goals concerning production and consumption. Currently, organic farming is practiced in 188 countries worldwide, and 96.4 million hectares of agricultural land are under organic management. India ranks second in terms of total area under organic agricultural land and is a global leader concerning organic producers. During the period 2000-2020, India had the highest Compound Annual Growth Rates (CAGR) concerning organic agricultural land at 41 percent. This study analyses the growth rate of the global organic players namely, Australia, India, Argentina, China, and France, in terms of organic farmland area. During the period 2000-2020, India had the maximum hectare multiplier value being 957.80, while Australia (6.74), Argentina (1.55), and France (6.89) had a hectare multiplier value in single digit and China (60.88) hectare multiplier value in double digit. This paper also analyses the major reasons resulting in this expansion.

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APA

Ghildiyal, D., & Mallaiah, L. C. (2024). An Analysis of Global Organic Farmland Leaders. Saudi Journal of Economics and Finance, 8(11), 371–377. https://doi.org/10.36348/sjef.2024.v08i11.001

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