Organic Cotton Market Scope
Organic cotton is generally defined as cotton that is grown organically and does not require any pesticide or chemical. The impact on the environment while producing organic cotton is significantly less than the production of conventional cotton. The growing need to reduce the adverse effects of fiber production and stringent government regulations regarding environmental protection are supplementing the demand for organic cotton. Increasing awareness of environmental issues, such as soil degradation, water pollution, and the use of synthetic pesticides and fertilizers, has driven demand for organic cotton. Concerns about the health and safety of farmworkers and the impact of chemical exposure have led to a preference for organic cotton, which avoids the use of harmful pesticides and chemicals in its production. A growing segment of consumers is willing to pay a premium for products that are certified organic and environmentally friendly, including clothing and textiles made from organic cotton.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Louis Dreyfus Company (Netherlands), Cargill (United States), Olam International (Singapore), Noble Group (Hong Kong), Plexus Cotton Ltd (United Kingdom), Plains Cotton Growers Cooperative (United States), Staplcotton Cooperative (United States), Calcot Cotton Cooperative (United States), Stanley & Stella (Belgium) and Coyuchi Inc. (United States) |
CAGR | % |
The competitive landscape of the organic cotton industry is influenced by various factors, including market demand, supply chain dynamics, certifications, and environmental considerations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Organic Cotton market throughout the predicted period.
Louis Dreyfus Company (Netherlands), Cargill (United States), Olam International (Singapore), Noble Group (Hong Kong), Plexus Cotton Ltd (United Kingdom), Plains Cotton Growers Cooperative (United States), Staplcotton Cooperative (United States), Calcot Cotton Cooperative (United States), Stanley & Stella (Belgium) and Coyuchi Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Organic Cotton market by Type , by Application (Medical Products, Textiles and Others) and Region with country level break-up.
On the basis of geography, the market of Organic Cotton has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On January 2023, Cargill acquired Owensboro Grain Company. This strategic addition bolsters Cargill's ongoing initiatives to expand capacity within its North American oilseeds network, a move aimed at satisfying the rising demand for oilseeds in response to the needs of food, feed, and renewable fuel markets.
On September 2021, Louis Dreyfus Company finalized a strategic partnership agreement with ADQ. This collaboration with ADQ solidifies LDC's standing and financial stability, enabling it to expedite strategic investments in alignment with growth objectives. These investments encompass ventures into emerging sectors like plant-based proteins, as well as expanding presence downstream in multiple facets of existing business lines
"Organic cotton is cotton which is produced according to the internationally recognized organic farming standards of the EU regulation 834/2007, of the USA National Organic Program (NOP), the Indian National Program for Organic Production (NPOP) or the Japanese Agricultural Standard (JAS)"
Influencing Trend:
Rising Awareness About Sustainable Textile Production
Market Growth Drivers:
Rising Demand for Environment Protection, Growing Textile Industry Worldwide and Increasing Demand from Developed Economies
Challenges:
High Moisture Absorption and Low Thermal Resistance and High Cost of Organic Cotton
Restraints:
Unevenness and Imperfections at High Spinning Speed and High Variable Quality and Low Dimensional Stability
Opportunities:
Rising Disposable Income in Emerging Economies and Favorable Government Initiative to Support Eco-friendly Production
Key Target Audience
Organic Cotton Producers, Potential Investors, Government Agencies, Research Institute, Textile Industry and Others