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Global Agricultural Biotechnology Market - Segmented By Application, And Geography - Growth, Trends, And Forecast To 2027.

Published: March, 2023
ID: 6044
Pages: 175
Formats: report pdf report excel report power bi report ppt

Agricultural Biotechnology Market Size, Growth, Trends and Forecast(2022 - 2027):

Agricultural Biotechnology Market was worth USD 39.7 billion in 2021 and estimated to be growing at a CAGR of 10.91%, to reach USD 66.7 billion by 2026. Transgenic crops increase agricultural productivity and benefit producers, consumers and farmers in terms of improved yield and crop quality. Genetically modified or transgenic crops are among the top end users of agricultural biotechnology. Agricultural biotechnology could advantage consumers and also producers and farmers.

The transgenic cropping method offers more crop varieties to consumers than cross-pollination or any natural process can offer. It provides higher & improved yield, resistance to pests, longer shelf life and high nutritional value due to which food grains demand-supply gap is reduced. This is expected to drive the market. Increase in the demand for bio-fuel due to exhausting conventional resources is further expected to fuel market growth.

AGRICULTURAL BIOTECHNOLOGY MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

10.91%

Segments Covered

By Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Dow AgroSciences,Vilmorin,Certis USA,KWS SAAT AG,Monsanto,Syngenta,Evogene Ltd,Bayer Crop Science,DuPont and Others.

 

 

Agricultural Biotechnology Market Segmentation:

Agricultural Biotechnology Market - By Application:

  • Synthetic biology enabled products

  • Tools
  • Transgenic crops
  • Corn
  • Soybean
  • Cotton

Transgenic crops are expected to account for a major share of the market revenue. Corn and soybean are the most widely consumed crops. Soybean is expected to grow at the highest rate during the forecast period. Synthetic biology-enabled products and tools, on the other hand, are growing at a slower pace considering their smaller shares in the past.

The Market is Geographically divided into:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

The Agricultural Biotechnology market was dominated by North America. Europe is growing at a steady rate and Asia Pacific is expected to register the highest CAGR.

Key Players:

  • Dow AgroSciences
  • Vilmorin
  • Certis USA
  • KWS SAAT AG
  • Monsanto
  • Syngenta
  • Evogene Ltd
  • Bayer Crop Science
  • DuPont

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