農業、林業、土地利用のための炭素クレジット市場- 世界と地域の分析：新興企業、政策枠組み、国別 - 分析と予測（2025年～2035年）

農業・林業・土地利用のための炭素クレジットの市場規模は、大気中のCO2を吸収したり、温室効果ガスの排出を回避したりする農場での実践を収益化するもので、カバークロップ、減耕作、アグロフォレストリー、泥炭地の復元などの再生技術を、取引可能な環境資産に変えるものです。

この自主的な市場セグメントでは、各クレジットは、VerraのVCS、ゴールド・スタンダードの気候・農業手法、EUの炭素除去・炭素農業（CRCF）規則などの厳格な枠組みの下で検証された、農業活動によって除去または回避されたCO2eの1メートルトンを表しています。民間資本を土壌の健全性と土地利用の革新に振り向けることで、この市場は農家に新たな収入源を提供し、スケーラブルな自然ベースのソリューションを通じて世界の気候緩和努力を強化します。

市場イントロダクション

2024年現在、農林業・その他の土地利用（AFOLU）市場における216 Mt CO2eのうち、農業用炭素クレジットは約100 Mt CO2eを占め、価格は平均4～6ドル/tCO2eで、林業用プレミアムより15%近く低いです。大手食品・農業関連企業（BayerのForGround、Indigo Ag、Nutrienなど）は、北米と欧州で3,000以上の生産者を登録し、衛星ベースのモニタリング・報告・検証（MRV）ツールを活用してプロジェクトの検証を効率化しています。このような勢いにもかかわらず、断片的な手法の採用や、永続性や追加性をめぐる投資家の警戒心が、クレジット量を制約し続けており、農業のシェアはAFOLU発行総額の約30%にとどまっています。

今後10年間で、EUのCRCF自主認証や、インフレ削減法の下で予想される米国の「炭素農業」インセンティブなど、強力な政策推進力により、農業クレジットの年間発行量は、2035年までに200 Mt CO2e以上に倍増すると予想されます。デジタルMRVの開発（ドローンによる土壌炭素マッピング、ブロックチェーンに基づく登録、AIによる排出量モデリングなど）は、プロジェクト開発コストを20～30％引き下げ、零細農家や特殊作物生産者の参加を促すと思われます。一方、CPG、小売、金融サービスなどの企業は、農場でのクレジットを包括的な自然保護ポートフォリオに統合する態勢を整えています。

産業界への影響

急成長する炭素クレジット市場は、農業関連企業コングロマリットや投入資材サプライヤーに、投資ポートフォリオの再調整を迫る。Corteva AgriscienceやNutrienのような大手種子・肥料メーカーは現在、土壌炭素プロトコルに適合する炭素スマート製品（低耕起種子コーティング剤、栄養利用効率の高い植菌剤など）に大幅な研究開発予算を割いています。このシフトは、新たなサービスラインを開拓するだけでなく、農家はコーティング種子や微生物バイオスティミュラントを採用することで、1ヘクタールあたり15～25ドルの前払金を得ることができ、商品価格の変動に対する収益源のヘッジにもなります。これに対し、プライベート・エクイティ・ファンドは、土壌炭素施業と精密農業センサーをバンドルする取引をシンジケート化し、農業と炭素の両方の成果をもたらす機器アズ・ア・サービス契約を引き受けています。

農場での作業は、収量目標とともに炭素隔離を最適化するために、体系的に再設計されています。John DeereやAGCOなどの機器OEMは、テレメトリー対応の帯状施肥装置や、土壌攪乱を最大80％削減する高クリアランスの空気播種装置を導入しています。これらの機械は、炭素定量化プラットフォーム（Project Carbonviewなど）と直接統合され、減耕パスと残渣被覆の測定基準を検証者に自動的に記録します。炭素クレジットの適格性をネイティブ機能として組み込むことで、オペレーターは第三者機関による監査を合理化し、検証期間を90日から30日以内に短縮し、1エーカー当たり10～15ドルの収益増を獲得し、精密機器の損益分岐コストを実質的に8～12％引き下げます。

穀物取扱業者、エタノール生産者、食品加工業者は、検証された炭素属性を条件とする引取契約をますます増やしています。CHSやArcher Daniels Midland（ADM）のような大手協同組合は、炭素差別化ベーシス・プレミアムを制定し、CoC（Cain-of-Custody）炭素証明書付きトウモロコシの引き渡しに対して、農家に0.50～1.00ドル/ブッシェルの追加料金を支払っています。トレーサビリティを強化するため、これらのバイヤーは、XpansivやPersefoniなどのプロバイダーが提供するブロックチェーンに接続された台帳を統合し、レジストリの消却と穀物実積をリアルタイムで照合しています。このような枠組みは、二重カウントのリスクを軽減し、加工業者がカーボンニュートラル製品を最終市場に報告することを可能にします。

農薬大手から多国籍穀物トレーダーまで、産業界の利害関係者は、新たなコンプライアンス制度や国境調整措置に対する戦略的ヘッジとして、炭素クレジット・ポートフォリオを活用してきました。例えば、EUが提案している炭素国境調整メカニズム（CBAM）は、EU域外の大豆やトウモロコシの輸出業者に対し、組み込み排出量を内部化するインセンティブを与えるもので、炭素クレジットの実質的な評価額は最大33.96ドル/tCO2です。AFOLU-クレジット・チャネルを確立している企業は、自主的なクレジットの償却によって潜在的なCBAM負債を相殺することができ、それによって関税エクスポージャーを平準化することができます。同時に、保険会社は特注の「カーボン・パフォーマンス」引受を提供し、検証された炭素吸収量を維持する農場に対して保険料を10～15％引き下げることで、カーボン・クレジットの経済性を産業リスクモデルにさらに組み込んでいます。

市場セグメンテーション

セグメンテーション1：用途別

• 除去プロジェクト
• 回避プロジェクト
• 組み合わせプロジェクト

除去プロジェクトセグメントが世界の農林業・土地利用炭素クレジット市場を独占（用途別）

除去に焦点を当てた取り組みは、単に将来の排出を回避するのではなく、炭素を土壌やバイオマスに無期限に固定するため、農林業・土地利用分野の炭素クレジット市場の最前線に急浮上しました。根の深い被覆作物、バイオ炭による土壌改良、総合的なアグロフォレストリーなどの技術は、CO2を隔離するだけでなく、土壌の肥沃度、収量の安定性、生態系の多様性を強化します。高解像度の衛星画像とAIを活用した土壌炭素モデリングが登場したことで、MRVの費用が削減され、監査期間が短縮されました。EUの炭素除去・炭素農法規制のような規制制度が、真の除去にますます報いるようになるにつれ、除去中心のプロジェクトは、AFOLUクレジット需要の大部分を占めるようになると思われます。

セグメンテーション2：プロジェクトタイプ別

• 林業と土地利用
  • REDD+プロジェクト
  • ARR
  • IFM
• 農業

林業分野は、1ヘクタール当たりの炭素貯留ポテンシャルが高いこと、測定手法が確立していること、企業のネット・ゼロプログラムからの需要が高いことから、2024年から2035年にかけて他のAFOLU分野を上回る成長を遂げると予想されます。最近、リモートセンシングとLiDARベースの森林成長モデリングが強化され、検証コストが最大30%削減されたため、大規模な森林再生や森林管理の改善プロジェクトがより銀行取引に適したものとなっています。同時に、EUの炭素除去・炭素農場（CRCF）規則などの規制の追い風は、植林のような長寿命で自然ベースの除去を明確に優先し、プレミアム価格（VCM平均比15%増）と主要産業排出者からの長期引取契約を後押ししています。さらに、林業プロジェクトは、進化するESG指令に合致するコベネフィット（生物多様性、流域保護、地域社会の生活）を提供し、農業・土地利用の自主的炭素クレジット市場における林業の圧倒的な成長軌道をさらに強化しています。

セグメンテーション3：地域別

• 北米- 米国、カナダ、メキシコ
• 欧州
• アジア太平洋地域-中国、日本、韓国、インド、その他
• 世界のその他の地域-ブラジル、南アフリカ、その他

アジア太平洋は、大規模農業の収束、中国、日本、韓国における野心的な企業のネット・ゼロ目標、急速に拡大する政府の「炭素農業」インセンティブにより、2024年の農業、林業、土地利用の炭素クレジット市場をリードしました。中国では、農業農村部（Ministry of Agriculture and Rural Affairs）の農業補助金改革が、支払いを土壌炭素隔離パイロット事業に結びつけ、何億米ドルものプロジェクト投資を引き出しました。ベースライン排出量が多く、吸収の可能性が大きい新興市場では、コスト競争力のある収量がAFOLUクレジット発行を前年比38%増に押し上げ、デジタルMRVプラットフォームは検証期間を数ヶ月から数週間に短縮し、さらに普及を加速させています。これらの要因により、アジア太平洋地域は最も急成長している地域と位置付けられ、数量と金額の成長において北米と欧州を上回っています。

世界の農業・林業・土地利用向け炭素クレジット市場の最近の動向

• 2025年4月、土壌炭素市場の世界的リーダーであるBoomitraと、自然生態系と社会的影響を完全に統合し、完全性の高い炭素クレジットを発行する初の認定炭素認証機関であるSocial Carbon Foundationは、Boomitra URVARAプロジェクトを通じて土壌有機炭素（SOC）除去クレジットを初めて発行することを発表し、世界の農業向け炭素クレジット市場における一連の重要なマイルストーンとなっています。
• 2025年3月、再生農業と炭素農法に特化したアグリテック新興企業Grow Indigoは、英国の開発金融機関BII（British International Investments）から1,000万米ドルの資金を調達しました。今回の資金調達は、すでにインド7州にわたり250万エーカーの農地をカバーしているスタートアップの持続可能性イニシアチブを拡大し、零細農家に利益をもたらす炭素クレジット・プログラムを加速させることを目的としています。
• 2024年10月、Bayer、GenZero（金融大手テマセックの100％子会社）、Shell、三菱商事の世界的大企業4社は、農家に力を与えるため、9つの州で炭素クレジット・プログラムを拡大することを決定しました。クレジットは、スマート農業、交互湿潤乾燥（AWD）、直播水稲（DSR）を採用することで創出されます。これらのクレジットは取引され、農家は副収入を得ることができます。同アライアンスは、8,500ヘクタール近くを追加し、水田からの温室効果ガス（GHG）排出量の科学的測定を合理化し、農民の支援とサポート体制を強化することで、プログラムの拡大を計画しました。プログラムはさらに、最初の2年間の実施経験をもとに、規模拡大を検討することを目指していました。

需要- 促進要因と限界

市場需要の促進要因：2050年までの炭素排出量ネットゼロ目標の達成

企業の2050年までのネット・ゼロのコミットメントにより、完全性の高い農業・林業・土地利用（AFOLU）クレジットの需要が急速に高まっています。排出量の大部分を農業サプライチェーンに依存しているUnileverは、2015年以降、直接排出とエネルギー調達による排出をすでに70％以上削減し、早ければ2030年までに残りの排出をゼロにすることを目指しています。社内の削減量と絶対的な中立性のギャップを埋めるため、ラテンアメリカと東南アジアのプロジェクトから土壌炭素と林業クレジットを複数年購入しています。アップルは、2020年にオペレーション・ニュートラルを達成した後、2030年までにバリューチェーンの完全なニュートラルを達成することを約束し、同社のRestore Fundは、ブラジルとパラグアイの保全と森林再生スキームに約2億8,000万米ドルを投入し、特に耐久性のある除去を対象としています。ラグジュアリーグループのケリングは、Science Based Targetsイニシアチブの承認を受け、2030年までにスコープ1と2の排出量を2015年比で90％削減し、この野心を自然ベースのクレジット調達で下支えしています。Ingka Group（IKEA）も同様に、2030年までにバリューチェーンの排出量を半減させる計画であり、残留排出量を相殺するためにAFOLUクレジットの大幅な取得を表明しています。このような緊急のネット・ゼロロードマップは、企業の持続可能性に関する誓約を、現実の世界におけるAFOLU炭素プロジェクトへの需要に効果的に変換し、市場の成長を促し、プロジェクト・ファイナンスを下支えしています。

市場抑制要因：土地所有権の不確実性と登録の遅れ

土地所有権の不確実性と登録の遅れは、炭素クレジット発行のための農業、林業、土地利用プロジェクトの基礎的適格性を損なうものです。VerraのVM0042 for Improved Agricultural Land Management（改善された農地管理のためのVM0042）など、主要な登録機関の開発プロトコルは、プロジェクト提案者が、自由所有権、長期リース、または国の土地当局に登録された同等の法定タイトルを通じて、土地に対する明確で法的に認められた権利を証明することを義務付けています。しかし、アフリカやラテンアメリカの多くの地域では、慣習的な土地保有制度が法定制度と並存しているため、誰が正式な権利を保有しているのかが曖昧になっています。プロジェクト開発者は、登記簿への登録申請を行う前に、リース契約の締結や権利の明確化の交渉に6～12ヶ月、あるいはそれ以上の期間を費やすことが多いです。このように登録前の段階が長期化すると、クレジット発行が遅れ、取引コストが増大するため、プロジェクトのIRRが低下し、合理的なオンボーディングに依存する小規模農家のアグリゲーションモデルが阻害されます。

ブロックチェーントークン化は、従来は流動性が低く登録簿に拘束されていたオフセットを、24時間365日オープンな市場で取引可能なプログラム可能なデジタル資産に変えることで、農業、林業、土地利用のための炭素クレジットへのアクセスに革命をもたらしています。トークン化によって、本来は登記簿で管理される証明書として発行される各炭素クレジットは、ブロックチェーン・ネットワーク上に「ブリッジ」され、カジファイブルまたは非カジファイブル・トークンとして鋳造されます。このプロセスにより、分数所有、オンチェーンでの償却、出所のリアルタイム証明が可能になり、スマート・コントラクトがレジストリの規則や償却プロトコルの遵守を自動化します。その結果、市場参入企業は、小ロットでの取引、リテールウォレットからのカーボンクレジット市場への直接参加、パブリック台帳を介した即時の引退ステータスの確認が可能になります。トークン化は、最小取引サイズを小さくし、煩雑な二国間交渉を回避することで、レジストリが要求する高い整合性基準を維持しながら、炭素市場をより幅広い個人投資家、個人、ファミリーオフィス、中小企業の買い手に開放します。

製品/イノベーション戦略：製品タイプは、読者が農業、林業、土地利用における炭素クレジット市場のさまざまなタイプの製品とアプリケーションを理解するのに役立ちます。さらに、用途別（除去プロジェクト、回避プロジェクト、複合プロジェクト）、製品タイプ別（林業・土地利用、（REDD+、ARR、IFMから成る）、農業）に農林業・土地利用の炭素クレジット市場を詳細に理解することができます。

成長／マーケティング戦略：農業、林業、土地利用の炭素クレジット市場は、事業拡大、提携、協力、合弁事業など、市場で事業を展開する主要企業による主要な開拓が見られます。各社が好む戦略は、農業用炭素クレジット市場での地位を強化するためのパートナーシップ、契約、事業拡大です。例えば、2024年8月、国連食糧農業機関（FAO）と国立農業農村開発銀行（NABARD）はムンバイでハイレベル会合を開き、両機関のパートナーシップを構築し、連携を強化しました。この会議は、炭素基金の開発、農民生産者組織（FPO）の強化、インドにおける持続可能な農業システムの促進における協力的取り組みに向けた重要な一歩となっています。

競合戦略：本調査で分析・プロファイリングした農業・林業・土地利用向け炭素クレジット市場の主要企業には、様々な用途に炭素クレジットを提供する大手企業が含まれます。また、パートナーシップ、協定、提携などの包括的な競争戦略は、市場の未開拓の収益ポケットを理解する上で読者を支援します。

主要市場参入企業と競合情勢

農業、林業、土地利用のための炭素クレジット市場についてプロファイリングしている企業は、徹底的な2次調査に基づいて選定しています。この調査には、企業範囲の分析、製品ポートフォリオの分析、市場への浸透、1次専門家から収集した洞察などが含まれます。

農業、林業、土地利用のための炭素クレジット市場には、この競争の激しい市場での地位確立を目指す新興企業とともに、市場を徹底的に理解し、地位を確立している主要企業が含まれています。2024年には、農業、林業、土地利用のための炭素クレジット市場は、既存プレーヤーが市場シェアの78％を占め、支配的でした。一方、新興企業は市場の22％を占めています。さまざまな産業でより持続可能なソリューションの採用が重視されるようになるにつれ、年を追うごとに世界の農業用炭素クレジット市場に参入するプレーヤーが増えていくと思われます。

当レポートでは、世界の農業、林業、土地利用のための炭素クレジット市場について調査し、市場の概要とともに、用途別、プロジェクトタイプ別、地域別の動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

エグゼクティブサマリー

第1章 市場

• 動向：現状と将来への影響評価
• サプライチェーンの概要
• 研究開発レビュー
• 規制状況
• ステークホルダー分析
• 新興スタートアップ
• 市場力学の概要
• スタートアップ資金調達のサマリー

第2章 用途

• 用途のセグメンテーション
• 用途のサマリー
• 農業、林業、土地利用のための炭素クレジット市場、林業、土地利用（用途別）
  • 除去プロジェクト
  • 回避プロジェクト
  • 組み合わせプロジェクト

第3章 製品

• 製品のセグメンテーション
• 製品のサマリー
• 農業、林業、土地利用のための炭素クレジット市場（プロジェクトタイプ別）
  • 林業と土地利用
  • 農業

第4章 地域

• 地域サマリー
• 促進要因と抑制要因
• 北米
• 欧州
• アジア太平洋
• その他の地域

第5章 市場-競合ベンチマーキングと企業プロファイル

• 今後の見通し
• 地理的評価
  • Indigo Ag, Inc.
  • Carbon Credit Capital, LLC.
  • Terra Global Capital
  • South Pole
  • Nori, Inc.
  • The California Air Resources Board
  • Cargill, Incorporated
  • Regenerative Agriculture Alliance
  • Ecosystem Services Market Consortium
  • Bayer AG
  • 3Degrees Group, Inc
  • NATUREOFFICE
  • Climetrek
  • EKI Energy Services Ltd.
  • Finite Carbon Corporation

第6章 調査手法

List of Figures

• Figure 1: Carbon Credits Market for Agriculture, Forestry, and Land Use (by Region), $Million, 2025, 2027, and 2035
• Figure 2: Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2025, 2027, and 2035
• Figure 3: Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2025, 2027, and 2035
• Figure 4: Key Events
• Figure 5: Supply Chain and Risks within the Supply Chain
• Figure 6: Average Pricing Scenario, 2024-2035
• Figure 7: Patent Analysis (by Country), January 2021-March 2025
• Figure 8: Patent Analysis (by Company), January 2021-March 2025
• Figure 9: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 10: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 11: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 12: China Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 13: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 14: India Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 15: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 16: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 17: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 18: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 19: Others Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Figure 20: Strategic Initiatives, 2020-2023
• Figure 21: Share of Strategic Initiatives, January 2021-April 2024
• Figure 22: Data Triangulation
• Figure 23: Top-Down and Bottom-Up Approach
• Figure 24: Assumptions and Limitations

List of Tables

• Table 1: Market Snapshot
• Table 2: Opportunities across Regions
• Table 3: Trends Overview
• Table 4: Regulatory and Policy Landscape
• Table 5: Stakeholder Analysis
• Table 6: Emerging Start-ups
• Table 7: Impact Analysis of Market Navigating Factors, 2024-2034
• Table 8: Startup and Investment Landscape
• Table 9: Carbon Credits Market for Agriculture, Forestry, and Land Use (by Region), $Million, 2024-2035
• Table 10: Carbon Credits Market for Agriculture, Forestry, and Land Use (by Region), Million Tons of CO2, 2024-2035
• Table 11: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 12: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 13: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 14: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 15: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 16: North America Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use) Million Tons of CO2, 2024-2035
• Table 17: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 18: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 19: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 20: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 21: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 22: U.S. Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 23: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 24: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 25: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 26: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 27: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 28: Canada Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 29: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 30: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 31: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 32: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 33: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 34: Mexico Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 35: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 36: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 37: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 38: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 39: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 40: Europe Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 41: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 42: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 43: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 44: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 45: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 46: Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 47: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 48: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 49: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 50: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 51: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 52: China Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 53: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 54: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 55: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 56: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 57: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 58: Japan Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 59: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 60: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 61: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 62: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 63: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 64: India Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 65: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 66: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 67: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 68: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 69: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 70: South Korea Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 71: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 72: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 73: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 74: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 75: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 76: Rest-of-Asia-Pacific Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 77: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 78: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 79: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 80: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 81: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Table 82: Rest-of-the-World Carbon Credits Market for Agriculture, Forestry, and Land Use, Million Tons of CO2, 2024-2035
• Table 83: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 84: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 85: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 86: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 87: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use, $Million, 2024-2035
• Table 88: Brazil Carbon Credits Market for Agriculture, Forestry, and Land Use, Million Tons of CO2, 2024-2035
• Table 89: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 90: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 91: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 92: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 93: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 94: South Africa Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035
• Table 95: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), $Million, 2024-2035
• Table 96: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application), Million Tons of CO2, 2024-2035
• Table 97: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), $Million, 2024-2035
• Table 98: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Project Type), Million Tons of CO2, 2024-2035
• Table 99: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), $Million, 2024-2035
• Table 100: Others Carbon Credits Market for Agriculture, Forestry, and Land Use (by Forestry and Land Use), Million Tons of CO2, 2024-2035

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Introduction of Carbon Credits Market for Agriculture, Forestry, and Land Use

The carbon credits market for agriculture, forestry, and land use monetizes on-farm practices that sequester atmospheric CO2 or avoid greenhouse gas emissions, transforming regenerative techniques, such as cover cropping, reduced tillage, agroforestry, and peatland restoration, into tradable environmental assets. In this voluntary market segment, each credit represents one metric ton of CO2e removed or avoided by agricultural activities, validated under rigorous frameworks such as Verra's VCS, Gold Standard's Climate and Agriculture methodology, or the emerging EU Carbon Removals & Carbon Farming (CRCF) Regulation. By channeling private capital into soil health and land-use innovations, the market offers farmers new revenue streams and bolsters global climate mitigation efforts through scalable, nature-based solutions.

Market Introduction

As of 2024, agricultural carbon credits account for roughly 100 Mt CO2e of the ~216 Mt CO2e in the Agriculture, Forestry, and Other Land Use (AFOLU) voluntary market, with prices averaging $4-6/tCO2e, nearly 15 % below forestry premiums. Leading food and agribusiness firms (e.g., Bayer's ForGround, Indigo Ag, Nutrien) have enrolled over 3,000 growers across North America and Europe, leveraging satellite-based monitoring, reporting, and verification (MRV) tools to streamline project validation. Despite this momentum, fragmented methodology adoption and investor caution around permanence and additionality continue to constrain credit volumes, keeping agriculture's share at approximately 30 % of total AFOLU issuance.

Over the next decade, robust policy drivers, such as the EU's CRCF voluntary certification and anticipated U.S. "carbon farming" incentives under the Inflation Reduction Act, are expected to double annual agriculture-credit issuances to 200+ Mt CO2e by 2035. Advances in digital MRV (including drone-enabled soil-carbon mapping, blockchain-based registries, and AI-driven emissions modeling) will lower project development costs by 20-30 %, unlocking participation among smallholder and specialty-crop producers. Meanwhile, corporates across CPG, retail, and financial services are poised to integrate on-farm credits into comprehensive nature-positive portfolios.

Industrial Impact

The burgeoning carbon credits market compels agribusiness conglomerates and input suppliers to recalibrate their investment portfolios. Leading seed and fertilizer manufacturers, such as Corteva Agriscience and Nutrien, now allocate substantial R&D budgets toward carbon-smart products (e.g., low-tillage seed coatings, nutrient-use-efficiency inoculants) that qualify for soil?carbon protocols. This shift not only opens new service lines, but farmers can earn $15-$25/ha in upfront payments for adopting coated seeds or microbial biostimulants, as well as hedge revenue streams against commodity-price volatility. In response, private equity funds have been syndicating deals to bundle soil-carbon practices with precision?agriculture sensors, underwriting equipment-as-a-service contracts that deliver both agronomic and carbon outcomes.

On-farm operations have been undergoing a systemic redesign to optimize carbon sequestration alongside yield goals. Equipment OEMs such as John Deere and AGCO deploy telemetry-enabled, banded-application fertilizer rigs and high-clearance air seeding implements that reduce soil disturbance by up to 80%. These machines integrate directly with carbon?quantification platforms (e.g., Project Carbonview), automatically logging reduced-till passes and residue cover metrics to verifiers. By embedding carbon-credit eligibility as a native feature, operators streamline third?party audits, shrinking verification timelines from 90 days to under 30 days and capturing incremental returns of $10-$15 per acre, effectively lowering the breakeven cost of precision equipment by 8-12 %.

Grain handlers, ethanol producers, and food processors are increasingly conditioning offtake contracts on verified carbon attributes. Major cooperatives such as CHS and Archer Daniels Midland (ADM) have instituted "carbon?differentiated basis premiums," paying farmers an extra $0.50-$1.00/bushel for corn delivered with chain-of-custody carbon certificates. To enforce traceability, these buyers integrate blockchain-anchored ledgers powered by providers such as Xpansiv and Persefoni that reconcile registry retirements with physical grain loads in real-time. Such frameworks reduce double?counting risk and allow processors to report carbon-neutral products to end markets, fetching 5-10 % price premiums in Europe and North America under voluntary labeling schemes.

Industrial stakeholders, from agrochemical giants to multinational grain traders, have been leveraging carbon-credit portfolios as a strategic hedge against emerging compliance regimes and border adjustment measures. For example, the EU's proposed Carbon Border Adjustment Mechanism (CBAM) incentivizes non-EU soy and maize exporters to internalize embedded emissions, effectively valuing carbon credits at up to $33.96 / tCO2. Companies with established AFOLU-credit channels can offset potential CBAM liabilities by retiring voluntary credits, thereby smoothing tariff exposures. Simultaneously, insurers are offering bespoke "carbon-performance" underwriting, reducing premiums by 10-15 % for farms that maintain verified carbon sinks, further embedding carbon-credit economics into industrial risk models.

Market Segmentation:

Segmentation 1: by Application

• Removal Project
• Avoidance Project
• Combination Project

Removal Project Segment to Dominate the Global Carbon Credits Market for Agriculture, Forestry, and Land Use (by Application)

Removal-focused initiatives have surged to the forefront of the carbon credits market for agriculture, forestry, and land use sphere because they lock carbon into soils and biomass indefinitely rather than merely averting future emissions. Techniques such as deep-rooting cover crops, biochar soil amendments, and integrated agroforestry not only sequester CO2 but also bolster soil fertility, yield stability, and ecosystem diversity, qualities that satisfy stringent permanence requirements and attract price premiums of 20-30 percent over avoidance credits. The advent of high-resolution satellite imagery and AI-enabled soil-carbon modeling has slashed MRV expenses and accelerated audit timelines, further enticing corporate buyers who need demonstrable, long-lasting offsets for their net-zero commitments. As regulatory regimes such as the EU's Carbon Removals and Carbon Farming Regulation increasingly reward genuine removals, removal-centric projects will continue to command the lion's share of AFOLU credit demand.

Segmentation 2: by Project Type

• Forestry and Land Use
  • REDD+
  • ARR
  • IFM
• Agriculture

Forestry Segment to Witness the Highest Growth between 2024 and 2035

The forestry segment is set to outpace other AFOLU categories from 2024 through 2035 due to its superior per-hectare carbon-sequestration potential, well-established measurement methodologies, and strong demand from corporate net-zero programs. Recent enhancements in remote?sensing and LiDAR-based forest-growth modeling have slashed verification costs by up to 30%, making large-scale reforestation and improved forest management projects more bankable. Simultaneously, regulatory tailwinds, such as the EU's Carbon Removals and Carbon Farming (CRCF) Regulation, explicitly prioritize long-lived, nature-based removals such as afforestation, driving premium pricing (+15% vs. the VCM average) and long-term offtake contracts from major industrial emitters. Moreover, forestry projects deliver co-benefits (biodiversity, watershed protection, community livelihoods) that align with evolving ESG mandates, further reinforcing forestry's dominant growth trajectory in the voluntary carbon credits market for agriculture and land use.

Segmentation 3: by Region

• North America - U.S., Canada, and Mexico
• Europe
• Asia-Pacific- China, Japan, South Korea, India, and Rest-of-Asia-Pacific
• Rest-of-the-World- Brazil, South Africa, and Others

Asia-Pacific led the carbon credits market for agriculture, forestry, and land use in 2024 owing to a convergence of large-scale farming operations, ambitious corporate net-zero targets in China, Japan, and South Korea, and rapidly expanding government "carbon farming" incentives. In China, agricultural subsidy reforms under the Ministry of Agriculture and Rural Affairs tied payments to soil-carbon sequestration pilots, unlocking hundreds of millions of dollars in project investment; meanwhile, Japan's Farm Carbon Offset Program and South Korea's Green New Deal both mandate voluntary agriculture offsets for key industrial sectors. Cost-competitive yields in emerging markets, where baseline emissions are higher and sequestration potential is vast, have driven a 38% year-on-year jump in AFOLU credit issuance, while digital MRV platforms have slashed verification timelines from months to weeks, further accelerating uptake. These factors have positioned Asia-Pacific as the fastest-growing region, outpacing both North America and Europe in volume and value growth.

Recent Developments in the Global Carbon Credits Market for Agriculture, Forestry, and Land Use

• In April 2025, Boomitra, a global leader in soil carbon markets, and the Social Carbon Foundation, the first accredited carbon certifier to fully integrate natural ecosystem and social impact in a high integrity carbon credit, announced the first issuance of soil organic carbon (SOC) removal credits through the Boomitra URVARA Project, marking a series of significant milestones in the global carbon credits market for agriculture.
• In March 2025, Grow Indigo, an agritech startup focused on regenerative agriculture and carbon farming, raised $10 million in funding from British International Investments (BII), the U.K.'s development finance institution. The funding aims to help expand the startup's sustainability initiatives, which already cover 2.5 million acres of farmland across seven Indian states, and accelerate its carbon credit program to benefit smallholder farmers.
• In October 2024, four big global companies, Bayer, GenZero (a wholly-owned arm of financial major Temasek), Shell, and Mitsubishi, decided to scale up their carbon credit program in nine states to empower farmers. The credits are generated through the adoption of smart agriculture practices, alternate wetting and drying (AWD), and direct seeded rice (DSR). These credits could be traded to enable farmers to get some extra income. The alliance planned to expand its program by adding nearly 8,500 hectares, streamlining the scientific measurement of greenhouse gas (GHG) emissions from rice paddies, and strengthening the farmer handholding and support system. The program further aimed to explore scale-up based on the experiences of the first two years of implementation.

Demand - Drivers and Limitations

Market Demand Drivers: Achieving Net-Zero Carbon Emissions Goal by 2050

Corporate net-zero commitments by 2050 have rapidly escalated demand for high?integrity agricultural, forestry, and land?use (AFOLU) credits. Unilever, which traces a significant portion of its emissions to agricultural supply chains, has already cut its direct and energy?procured emissions by over 70 % since 2015 and aims to eliminate the remainder as soon as 2030. To bridge the gap between internal reductions and absolute neutrality, multi?year purchases of soil-carbon and forestry credits from projects in Latin America and Southeast Asia are being locked in. Apple, having achieved operational neutrality in 2020, has committed to full value?chain neutrality by 2030; its Restore Fund channels nearly USD 280 million into conservation and reforestation schemes in Brazil and Paraguay, specifically targeting durable removals. Luxury group Kering, approved by the Science Based Targets initiative, has been reducing Scopes 1 and 2 emissions by 90 % versus 2015 levels by 2030, underpinning this ambition with nature?based credit procurement. Ingka Group (IKEA) likewise plans to halve its value?chain emissions by 2030, signaling significant AFOLU credit offtakes to offset residual emissions. These urgent net?zero roadmaps effectively convert corporate sustainability pledges into real?world demand for AFOLU carbon projects, driving market growth and underpinning project finance.

Market Restraints: Land Tenure Uncertainty and Registration Delays

Land tenure uncertainty and registration delays undermine the foundational eligibility of agricultural, forestry, and land use projects for carbon credit issuance. Development protocols across leading registries, such as Verra's VM0042 for Improved Agricultural Land Management, mandate that project proponents demonstrate clear, legally recognized rights to the land through freehold ownership, long?term leases, or equivalent statutory titles registered with national land authorities. In many regions of Africa and Latin America, however, customary land tenure systems coexist alongside statutory regimes, creating ambiguity over who holds formal rights. Project developers often spend six to twelve months, or longer, securing and validating lease agreements or negotiating title clarifications before even applying for registry listing. This protracted pre-registration phase delays credit issuance and escalates transaction costs, eroding project IRRs and deterring smallholder aggregation models that rely on streamlined onboarding.

Market Opportunities: Blockchain Tokenization and Retail Access

Blockchain tokenization has been revolutionizing access to carbon credits for agricultural, forestry, and land use by transforming traditionally illiquid, registry-bound offsets into programmable digital assets that can be traded 24/7 on open markets. Through tokenization, each carbon credit, originally issued as a registry-managed certificate, is "bridged" onto a blockchain network and minted as a fungible or non-fungible token. This process enables fractional ownership, on-chain retirement, and real-time proof of provenance, while smart contracts automate compliance with registry rules and retirement protocols. As a result, buyers can transact in smaller lots, participate directly in carbon credits market from retail wallets, and verify retirement status instantly via public ledgers. By lowering minimum trade sizes and bypassing cumbersome bilateral negotiations, tokenization opens carbon markets to a broader retail investor base, individuals, family offices, and SME buyers while maintaining the high-integrity standards required by registries.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of products and applications for the carbon credits market for agriculture, forestry, and land use. Moreover, the study provides the reader with a detailed understanding of the carbon credits market for a agriculture, forestry, and land use by application based on application (removal project, avoidance project, and combination project) and product on the basis of project type (forestry and land use, (which comprises of REDD+, ARR, and IFM), and Agriculture.

Growth/Marketing Strategy: The carbon credits market for agriculture, forestry, and land use has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships, contracts, and business expansion to strengthen their position in the carbon credits market for agriculture. For instance, in August 2024, The Food and Agriculture Organization of the United Nations (FAO) and the National Bank for Agriculture and Rural Development (NABARD) held a high-level meeting in Mumbai to forge partnerships and strengthen collaboration between the two organizations. The meeting marked a significant step toward collaborative efforts in developing a carbon fund, strengthening Farmer Producer Organizations (FPOs), and promoting sustainable agricultural systems in India.

Competitive Strategy: Key players in the carbon credits market for agriculture, forestry, and land use analyzed and profiled in the study involve major companies offering carbon credits for various applications. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, are employed to build the predictive and forecast models.

Data and validation have been taken into consideration from both primary sources as well as secondary sources.

Key Considerations and Assumptions in Market Engineering and Validation

• Detailed secondary research has been done to ensure maximum coverage of manufacturers/suppliers operational in a country.
• To a certain extent, exact revenue information has been extracted for each company from secondary sources and databases. Revenues specific to product/service/technology were then estimated for each market player based on fact-based proxy indicators and primary inputs.
• Based on the classification, the average selling price (ASP) has been calculated using the weighted average method.
• The currency conversion rate has been taken from the historical exchange rate of Oanda and/or other relevant websites.
• Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
• The base currency considered for the market analysis is US$. Considering the average conversion rate for that particular year, currencies other than the US$ have been converted to the US$ for all statistical calculations.

Primary Research

The primary sources involve experts from various industries, including the carbon industry and agriculture industry, among others. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research

This study involves the usage of extensive secondary research, company websites, directories, and annual reports. It also makes use of databases, such as Businessweek and others, to collect effective and useful information for a market-oriented, technical, commercial, and extensive study of the global market. In addition to the data sources, the study has been undertaken with the help of other data sources and websites, such as www.nasa.gov.

Secondary research was done to obtain critical information about the industry's value chain, the market's monetary chain, revenue models, the total pool of key players, and the current and potential use cases and applications.

Key Market Players and Competition Synopsis

The companies that are profiled for the carbon credits market for agriculture, forestry, and land use have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.

The carbon credits market for agriculture, forestry, and land use comprises key players who have established themselves thoroughly and understand the market, accompanied by startups looking forward to establishing themselves in this highly competitive market. In 2024, the carbon credits market for agriculture, forestry, and land use was dominated by established players, accounting for 78% of the market share. In contrast, startups managed to capture 22% of the market. With the increasing focus on adopting more sustainable solutions across various industries, more players will enter the global carbon credits market for agriculture with each passing year.

Some prominent names established in the carbon credits market for agriculture, forestry, and land use are:

• Indigo Ag, Inc.
• Carbon Credit Capital, LLC.
• Terra Global Capital
• South Pole
• Nori, Inc.
• The California Air Resources Board (CARB)
• Cargill, Incorporated
• Regenerative Agriculture Alliance
• Ecosystem Services Market Consortium (ESMC)
• Bayer AG
• 3Degrees Group, Inc.
• NATUREOFFICE
• Climetrek
• EKI Energy Services Ltd.
• Finite Carbon Corporation

Table of Contents

Executive Summary

Scope and Definition

1 Markets

• 1.1 Trends: Current and Future Impact Assessment
  • 1.1.1 Trends: Overview
  • 1.1.2 Adoption of Digital MRV Technologies
  • 1.1.3 Expansion of Long Term Corporate Offtake Agreements
• 1.2 Supply Chain Overview
  • 1.2.1 Pricing Forecast
• 1.3 Research and Development Review
  • 1.3.1 Patent Filing Trend (by Country and Company)
• 1.4 Regulatory Landscape
• 1.5 Stakeholder Analysis
• 1.6 Emerging Start-Ups
• 1.7 Market Dynamics Overview
  • 1.7.1 Market Drivers
    • 1.7.1.1 Achieving Net-Zero Carbon Emissions Goal by 2050
    • 1.7.1.2 Digital MRV Protocol Harmonization
    • 1.7.1.3 Carbon-Linked Agricultural Finance and Insurance
  • 1.7.2 Market Restraints
    • 1.7.2.1 Land Tenure Uncertainty and Registration Delays
    • 1.7.2.2 Carbon Permanence and Reversal Risk
  • 1.7.3 Market Opportunities
    • 1.7.3.1 Blockchain Tokenization and Retail Access
    • 1.7.3.2 Blended Finance Structures (Grants + Equity + Debt)
• 1.8 Startup Funding Summary

2 Application

• 2.1 Application Segmentation
• 2.2 Application Summary
• 2.3 Carbon Credits Market for Agriculture, Forestry, and Land Use, Forestry, and Land Use (by Application)
  • 2.3.1 Removal Project
  • 2.3.2 Avoidance Project
  • 2.3.3 Combination Project

3 Products

• 3.1 Product Segmentation
• 3.2 Product Summary
• 3.3 Carbon Credits Market for Agriculture, Forestry, and Land Use, Forestry, and Land Use (by Project Type)
  • 3.3.1 Forestry and Land Use
    • 3.3.1.1 REDD+
    • 3.3.1.2 ARR
    • 3.3.1.3 IFM
  • 3.3.2 Agriculture

4 Region

• 4.1 Regional Summary
• 4.2 Drivers and Restraints
• 4.3 North America
  • 4.3.1 Market
  • 4.3.2 Key Market Participants in North America
  • 4.3.3 Business Drivers
  • 4.3.4 Business Challenges
  • 4.3.5 Application
  • 4.3.6 Product
    • 4.3.6.1 U.S
      • 4.3.6.1.1 Application
      • 4.3.6.1.2 Product
    • 4.3.6.2 Canada
      • 4.3.6.2.1 Application
      • 4.3.6.2.2 Product
    • 4.3.6.3 Mexico
      • 4.3.6.3.1 Application
      • 4.3.6.3.2 Product
• 4.4 Europe
  • 4.4.1 Market
  • 4.4.2 Key Market Participants in Europe
  • 4.4.3 Business Drivers
  • 4.4.4 Business Challenges
  • 4.4.5 Application
  • 4.4.6 Product
• 4.5 Asia-Pacific
  • 4.5.1 Market
  • 4.5.2 Key Market Participants in Asia-Pacific
  • 4.5.3 Business Drivers
  • 4.5.4 Business Challenges
  • 4.5.5 Application
  • 4.5.6 Product
    • 4.5.6.1 China
      • 4.5.6.1.1 Application
      • 4.5.6.1.2 Product
    • 4.5.6.2 Japan
      • 4.5.6.2.1 Application
      • 4.5.6.2.2 Product
    • 4.5.6.3 India
      • 4.5.6.3.1 Application
      • 4.5.6.3.2 Product
    • 4.5.6.4 South Korea
      • 4.5.6.4.1 Application
      • 4.5.6.4.2 Product
    • 4.5.6.5 Rest-of-Asia-Pacific
      • 4.5.6.5.1 Application
      • 4.5.6.5.2 Product
• 4.6 Rest-of-the-World
  • 4.6.1 Market
  • 4.6.2 Key Market Participants in Rest-of-the-World
  • 4.6.3 Business Drivers
  • 4.6.4 Business Challenges
  • 4.6.5 Application
  • 4.6.6 Product
    • 4.6.6.1 Brazil
      • 4.6.6.1.1 Application
      • 4.6.6.1.2 Product
    • 4.6.6.2 South Africa
      • 4.6.6.2.1 Application
      • 4.6.6.2.2 Product
    • 4.6.6.3 Others
      • 4.6.6.3.1 Application
      • 4.6.6.3.2 Product

5 Markets - Competitive Benchmarking & Company Profiles

• 5.1 Next Frontiers
• 5.2 Geographic Assessment
  • 5.2.1 Indigo Ag, Inc.
    • 5.2.1.1 Overview
    • 5.2.1.2 Project Portfolio
    • 5.2.1.3 Top Competitors
    • 5.2.1.4 Target Customers/End Users
    • 5.2.1.5 Key Personnel
    • 5.2.1.6 Key Partners
    • 5.2.1.7 Analyst View
  • 5.2.2 Carbon Credit Capital, LLC.
    • 5.2.2.1 Overview
    • 5.2.2.2 Project Portfolio
    • 5.2.2.3 Top Competitors
    • 5.2.2.4 Target Customers/End Users
    • 5.2.2.5 Key Personnel
    • 5.2.2.6 Key Partners
    • 5.2.2.7 Analyst View
  • 5.2.3 Terra Global Capital
    • 5.2.3.1 Overview
    • 5.2.3.2 Project Portfolio
    • 5.2.3.3 Top Competitors
    • 5.2.3.4 Key Personnel
    • 5.2.3.5 Key Partners
    • 5.2.3.6 Analyst View
  • 5.2.4 South Pole
    • 5.2.4.1 Overview
    • 5.2.4.2 Project Portfolio
    • 5.2.4.3 Top Competitors
    • 5.2.4.4 Key Personnel
    • 5.2.4.5 Key Clients/Partners
    • 5.2.4.6 Analyst View
  • 5.2.5 Nori, Inc.
    • 5.2.5.1 Overview
    • 5.2.5.2 Project Portfolio
    • 5.2.5.3 Top Competitors
    • 5.2.5.4 Target Customers/End Users
    • 5.2.5.5 Key Personnel
    • 5.2.5.6 Key Partners
    • 5.2.5.7 Analyst View
  • 5.2.6 The California Air Resources Board
    • 5.2.6.1 Overview
    • 5.2.6.2 Project Portfolio
    • 5.2.6.3 Top Competitors
    • 5.2.6.4 Target Customers/End Users
    • 5.2.6.5 Key Personnel
    • 5.2.6.6 Key Partners
    • 5.2.6.7 Analyst View
  • 5.2.7 Cargill, Incorporated
    • 5.2.7.1 Overview
    • 5.2.7.2 Project Portfolio
    • 5.2.7.3 Top Competitors
    • 5.2.7.4 Target Customers/End Users
    • 5.2.7.5 Key Personnel
    • 5.2.7.6 Key Partners
    • 5.2.7.7 Analyst View
  • 5.2.8 Regenerative Agriculture Alliance
    • 5.2.8.1 Overview
    • 5.2.8.2 Project Portfolio
    • 5.2.8.3 Top Competitors
    • 5.2.8.4 Target Customers/End Users
    • 5.2.8.5 Key Personnel
    • 5.2.8.6 Key Partners
    • 5.2.8.7 Analyst View
  • 5.2.9 Ecosystem Services Market Consortium
    • 5.2.9.1 Overview
    • 5.2.9.2 Project Portfolio
    • 5.2.9.3 Top Competitors
    • 5.2.9.4 Target Customers/End Users
    • 5.2.9.5 Key Personnel
    • 5.2.9.6 Key Partners
    • 5.2.9.7 Analyst View
  • 5.2.10 Bayer AG
    • 5.2.10.1 Overview
    • 5.2.10.2 Project Portfolio
    • 5.2.10.3 Top Competitors
    • 5.2.10.4 Target Customers/End Users
    • 5.2.10.5 Key Personnel
    • 5.2.10.6 Key Partners
    • 5.2.10.7 Analyst View
  • 5.2.11 3Degrees Group, Inc
    • 5.2.11.1 Overview
    • 5.2.11.2 Project Portfolio
    • 5.2.11.3 Top Competitors
    • 5.2.11.4 Key Personnel
    • 5.2.11.5 Key Clients/Partners
    • 5.2.11.6 Analyst View
  • 5.2.12 NATUREOFFICE
    • 5.2.12.1 Overview
    • 5.2.12.2 Project Portfolio
    • 5.2.12.3 Top Competitors
    • 5.2.12.4 Key Personnel
    • 5.2.12.5 Key Clients/Partners
    • 5.2.12.6 Analyst View
  • 5.2.13 Climetrek
    • 5.2.13.1 Overview
    • 5.2.13.2 Project Portfolio
    • 5.2.13.3 Top Competitors
    • 5.2.13.4 Target Customers/End Users
    • 5.2.13.5 Key Personnel
    • 5.2.13.6 Key Partners
    • 5.2.13.7 Analyst View
  • 5.2.14 EKI Energy Services Ltd.
    • 5.2.14.1 Overview
    • 5.2.14.2 Project Portfolio
    • 5.2.14.3 Top Competitors
    • 5.2.14.4 Key Clients/Partners
    • 5.2.14.5 Key Personnel
    • 5.2.14.6 Key Partners
    • 5.2.14.7 Analyst View
  • 5.2.15 Finite Carbon Corporation
    • 5.2.15.1 Overview
    • 5.2.15.2 Project Portfolio
    • 5.2.15.3 Top Competitors
    • 5.2.15.4 Target Customers/End Users
    • 5.2.15.5 Key Personnel
    • 5.2.15.6 Key Partners
    • 5.2.15.7 Analyst View

6 Research Methodology

• 6.1 Data Sources
  • 6.1.1 Primary Data Sources
  • 6.1.2 Secondary Data Sources
  • 6.1.3 Data Triangulation
• 6.2 Market Estimation and Forecast