Agricultural Biotechnology Market Size to Reach USD 113,947.6 Million by 2032 at a CAGR of 9.3% During the Forecast Period 2022-2032


Posted June 15, 2023 by harrkons

A valuation of $113,947.6 million is predicted for the market by 2030, representing a strong compound annual growth rate (CAGR) of 9.3% from 2021 to 2030.

 
A top market research company just published a thorough analysis on the worldwide Agricultural Biotechnology Market, projecting tremendous growth prospects over the projection period. A valuation of $113,947.6 million is predicted for the market by 2030, representing a strong compound annual growth rate (CAGR) of 9.3% from 2021 to 2030.

The expanding need for food and the growing world population have been identified as major market growth drivers. Sustainable agricultural methods and improved food production are essential as the world's population continues to grow. The production of genetically modified crops with better yields, disease resistance, and nutritional properties is made possible by agricultural biotechnology, which also provides creative solutions. These developments aid in supplying the world's growing food demand and preserving its food security.

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The research also emphasises how crop agriculture is utilising improved technologies at a faster rate. As agricultural practises change, farmers and agricultural organisations are using biotechnology tools and approaches to maximise productivity and efficiency. Using agricultural biotechnology, crops can be grown more sustainably and resource-efficiently, reducing their negative effects on the environment. This includes anything from precision farming to genetically modified organisms (GMOs).

Insightful information about current market dynamics, trends, and potential opportunities are provided in this in-depth market research analysis, enabling stakeholders to make wise business decisions in the quickly developing worldwide agricultural biotechnology market.

Highlighted with 107 tables and 89 figures, this 198-page report “Global Agricultural Biotechnology Market 2021-2030 by Product (Biotech Seeds, Biologicals, Biotechnology Tools), Technology (Genome Editing, Synthetic Biology, Genetic Engineering, Marker-assisted Breeding, Plant Breeding, Germplasm), Application (Foliar Spray, Seed Treatment, Soil Treatment), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global agricultural biotechnology market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2030 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global agricultural biotechnology market in every aspect of the classification from perspectives of Product, Technology, Application, and Region.

View Report Scope and Latest Developments in the Market: MW Link:- https://www.marketwatch.com/press-release/the-agricultural-biotechnology-market-could-become-an-opportunity-to-reskill-our-workforce-with-demand-overview-2032-2023-06-02?mod=search_headline

Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Biotech Seeds

o             by Breeding Type (Transgenic Seeds, Gene-edited Seeds, RNAi-based Seeds)

o             by Trait Type (Stacked Traits, Herbicide-tolerant Traits, Insect-resistant Traits, Desirable Traits and Virus-resistant Traits)

o             by Crop Type (Soybean, Maize, Cotton, Canola, Alfalfa, Sugar beet, Papaya, Potato, Squash and Other Crops)

Biologicals

o             by Segment (Biopesticides, Biostimulants, Biofertilizers, and Genetic Biologicals)

Biotechnology Tools

o             DNA Sequencing

o             Biochips

o             Gene Editing

o             Synthetic Biology

o             RNA Interference

Synthetic Biology-enabled Products

o             Polymers

o             Biofuels

o             Enzymes

o             Oils & Lubricants

o             Other Renewables

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Genome Editing
Synthetic Biology
Genetic Engineering
Marker-assisted Breeding
Plant Breeding
Germplasm
Other Technologies

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Foliar Spray
Seed Treatment
Soil Treatment
Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE,Saudi Arabia,South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of each national market by Product, Technology, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

ADAMA Agricultural Solutions Ltd.
BASF SE
Bayer AG
Benson Hill Inc.
Certis USA LLC
Corteva, Inc.
DuPont de Nemours, Inc.
Eurofins Scientific SE
Evogene Ltd.
Isagro SPA
KWS SAAT SE & Co. KGaA
Marrone Bio Innovations, Inc.
Novozymes A/S
Performance Plants Inc.
Syngenta AG
Vilmorin & Cie S.A
Yield10 Bioscience, Inc.

View Complete TOC and Figures & Graphs of Agricultural Biotechnology Industry Report https://marketdatalibrary.com/free-customization/4118

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Last Updated June 15, 2023