Utility Markers will grow at highest pace owing to increasing demand for organic food products
The utility markers market comprises markers that help farmers identify organic farmlands and delineate areas under organic cultivation. Utility markers assist farmers in demarcating organic fields from conventionally cultivated ones to avoid cross-contamination. They are usually made from organic and biodegradable materials like bamboo or wood sticks, natural ropes or cotton threads. Utility markers play a crucial role in maintaining integrity in the organic supply chain by helping differentiate organic produce from conventional ones right from the farm level. The global utility markers market is estimated to be valued at US$ 6.42 billion in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Utility Markers Market Growth are Picks Organic Farm, Organic Farmers Co., The Indian Organic Farmers Producer Company Limited (IOFPCL), Bayer AG, Camson Bio Technologies Limited, and ZUWA Organic Farms Pvt. Ltd among others. The growing demand for organically grown and labeled food products is a major factor driving the adoption of utility markers across farms. The sale of organic food in both domestic and international markets has witnessed robust growth in recent years due to rising consumer awareness about toxic pesticides and preference for chemical-free produce. This favorable demand outlook for organic foods is encouraging farmers to identify their farms organically through utility markers. Technological advancements are also being made to utility markers to impart real-time tracking capabilities and monitor organic farming practices remotely using IoT and sensors. Advanced utility markers equipped with smart technologies help ensure complete traceability of organic produce.
Market Trends
The rising popularity of organic farming practices across developing countries owing to health and sustainability benefits is a major trend driving the utility markers market. Many developing Asian and African markets are adopting organic farming at a rapid pace to meet the growing demand for organic food in international markets. Another prominent trend is the increasing adoption of tech-enabled utility markers and organic farm management solutions for real-time monitoring of farmlands and supply chains.
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