Agricultural Biotechnology Market Size, Share, Trends, and Growth Outlook

Agricultural Biotechnology Market is estimated to increase at a growth rate of 8.2% CAGR over the forecast period from 2024 to 2030.

The Agricultural Biotechnology Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Hybrid Seeds, Transgenic Crops, Bio-pesticides, Bio-fertilizers), By Technology (Genetic Engineering, Tissue Culture, Embryo Rescue, Somatic Hybridization, Molecular Diagnostics, Vaccine, Others), By Application (Crop Production, Crop Protection, Chemical Tolerance, Disease Resistance, Others).

 

An Introduction to Agricultural Biotechnology Market in 2024

The Agricultural Biotechnology market in 2024 represents a cornerstone of modern agriculture, leveraging genetic engineering, molecular biology, and biotechnology tools to enhance crop productivity, resilience, and sustainability. Agricultural biotechnology encompasses a range of applications, including genetically modified (GM) crops, marker-assisted breeding, genome editing, and biopharmaceutical production in plants, offering innovative solutions to address global food security challenges, mitigate environmental impact, and reduce reliance on chemical inputs. The market is witnessing rapid adoption of biotech crops, such as herbicide-tolerant, insect-resistant, and drought-tolerant varieties, by farmers worldwide, driven by benefits such as increased yields, reduced pesticide use, and improved crop resilience to biotic and abiotic stresses. Moreover, advancements in gene editing technologies, including CRISPR/Cas9, are accelerating the development of novel crop traits and biotechnological solutions for sustainable agriculture, thus shaping the future of food production and agribusiness.

 

 

Agricultural Biotechnology Market Trend: Rapid Advancements in Gene Editing Technologies

A significant trend in the Agricultural Biotechnology market is the rapid advancements in gene editing technologies, such as CRISPR-Cas9, TALENs, and zinc finger nucleases. These cutting-edge tools enable precise modifications of plant genomes to introduce desirable traits such as improved yield, enhanced disease resistance, and tolerance to environmental stresses. The adoption of gene editing techniques in crop breeding accelerates the development of genetically modified organisms (GMOs) with superior agronomic characteristics, driving innovation in agricultural biotechnology and transforming farming practices globally.

Agricultural Biotechnology Market Driver: Growing Global Population and Food Demand

The primary driver fueling the Agricultural Biotechnology market is the increasing global population and rising demand for food, driven by changing dietary preferences, urbanization, and economic development. With limited arable land and natural resources, there is immense pressure to enhance agricultural productivity and ensure food security for the expanding population. Biotechnological solutions offer sustainable approaches to address these challenges by developing high-yielding crop varieties, efficient pest and disease management strategies, and crops with improved nutritional profiles, driving the adoption of agricultural biotechnology solutions worldwide.

Agricultural Biotechnology Market Opportunity: Expansion of Precision Agriculture Technologies

An opportunity in the Agricultural Biotechnology market lies in the expansion of precision agriculture technologies integrated with biotechnological innovations. Precision agriculture utilizes data-driven techniques such as remote sensing, GPS technology, and IoT sensors to optimize farm management practices, improve resource efficiency, and maximize crop yields. By leveraging biotechnology tools to develop genetically tailored crops and bio-based inputs, precision agriculture can further enhance agricultural sustainability, minimize environmental impact, and optimize resource utilization. Investing in the integration of biotechnology with precision agriculture presents opportunities to revolutionize farming practices and address the evolving needs of modern agriculture.

 

Agricultural Biotechnology Market Segmentation

By Type

• Hybrid Seeds
• Transgenic Crops
• Bio-pesticides
• Bio-fertilizers

 

By Technology

• Genetic Engineering
• Tissue Culture
• Embryo Rescue
• Somatic Hybridization
• Molecular Diagnostics
• Vaccine
• Others

 

By Application

• Crop Production
• Crop Protection
• Chemical Tolerance
• Disease Resistance
• Others

 

Geographical Analysis

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Agricultural Biotechnology Market Companies

• Bayer AG
• BASF SE
• Benson Hill Inc
• Biological Products Industry Alliance
• China National Chemical Corp Ltd
• Corteva Inc
• DuPont de Nemours Inc
• Eurofins Scientific SE
• Evogene Ltd
• Global Bio chem Technology Group Co. Ltd
• Groupe Limagrain Holding
• KWS SAAT SE and Co. KGaA
• Marrone Bio Innovations Inc
• Mitsui and Co. Ltd
• Novozymes AS
• Nufarm Ltd
• Performance Plants Inc
• Sumitomo Chemical Co. Ltd
• The Dow Chemical Co.
• Yield10 Bioscience Inc

*- List Not Exhaustive

 

Reasons to Buy the Agricultural Biotechnology Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions

• Gain access to detailed insights on the Agricultural Biotechnology Market, encompassing current market size, growth trends, and forecasts till 2030.

• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities

• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends

• Identify lucrative investment avenues and expansion opportunities within the Agricultural Biotechnology Market industry, guided by robust, data-backed analysis.

• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics

• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain

• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics

• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

 

1 Introduction to 2024 Agricultural Biotechnology Market

1.1 Market Overview

1.2 Quick Facts

1.3 Scope/Objective of the Study

1.4 Market Definition

1.5 Countries and Regions Analyzed

1.6 Units, Currency, and Conversions

1.7 Industry Value Chain

 

2 Research Methodology

2.1 Market Size Estimation

2.2 Sources and Research Methodology

2.3 Data Triangulation

2.4 Assumptions and Limitations

 

3 Executive Summary

3.1 Global Agricultural Biotechnology Market Size Outlook, $ Million, 2021 to 2030

3.2 Agricultural Biotechnology Market Outlook by Type, $ Million, 2021 to 2030

3.3 Agricultural Biotechnology Market Outlook by Product, $ Million, 2021 to 2030

3.4 Agricultural Biotechnology Market Outlook by Application, $ Million, 2021 to 2030

3.5 Agricultural Biotechnology Market Outlook by Key Countries, $ Million, 2021 to 2030

 

4 Market Dynamics

4.1 Key Driving Forces of Agricultural Biotechnology Market Industry

4.2 Key Market Trends in Agricultural Biotechnology Market Industry

4.3 Potential Opportunities in Agricultural Biotechnology Market Industry

4.4 Key Challenges in Agricultural Biotechnology Market Industry

 

5 Market Factor Analysis

5.1 Competitive Landscape

5.1.1 Global Agricultural Biotechnology Market Share by Company (%), 2023

5.1.2 Product Offerings by Company

5.2 Porter’s Five Forces Analysis

 

6 Growth Outlook Across Scenarios

6.1 Growth Analysis-Case Scenario Definitions

6.2 Low Growth Scenario Forecasts

6.3 Reference Growth Scenario Forecasts

6.4 High Growth Scenario Forecasts

 

7 Global Agricultural Biotechnology Market Outlook By Segments

7.1 Agricultural Biotechnology Market Outlook by Segments

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

8 North America Agricultural Biotechnology Market Analysis And Outlook To 2030

8.1 Introduction to North America Agricultural Biotechnology Markets in 2024

8.2 North America Agricultural Biotechnology Market Size Outlook by Country, 2021-2030

8.2.1 United States

8.2.2 Canada

8.2.3 Mexico

8.3 North America Agricultural Biotechnology Market size Outlook by Segments, 2021-2030

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

9 Europe Agricultural Biotechnology Market Analysis And Outlook To 2030

9.1 Introduction to Europe Agricultural Biotechnology Markets in 2024

9.2 Europe Agricultural Biotechnology Market Size Outlook by Country, 2021-2030

9.2.1 Germany

9.2.2 France

9.2.3 Spain

9.2.4 United Kingdom

9.2.4 Italy

9.2.5 Russia

9.2.6 Norway

9.2.7 Rest of Europe

9.3 Europe Agricultural Biotechnology Market Size Outlook By Segments, 2021-2030

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

10 Asia Pacific Agricultural Biotechnology Market Analysis And Outlook To 2030

10.1 Introduction to Asia Pacific Agricultural Biotechnology Markets in 2024

10.2 Asia Pacific Agricultural Biotechnology Market Size Outlook by Country, 2021-2030

10.2.1 China

10.2.2 India

10.2.3 Japan

10.2.4 South Korea

10.2.5 Indonesia

10.2.6 Malaysia

10.2.7 Australia

10.2.8 Rest of Asia Pacific

10.3 Asia Pacific Agricultural Biotechnology Market size Outlook by Segments, 2021-2030

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

11 South America Agricultural Biotechnology Market Analysis And Outlook To 2030

11.1 Introduction to South America Agricultural Biotechnology Markets in 2024

11.2 South America Agricultural Biotechnology Market Size Outlook by Country, 2021-2030

11.2.1 Brazil

11.2.2 Argentina

11.2.3 Rest of South America

11.3 South America Agricultural Biotechnology Market size Outlook by Segments, 2021-2030

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

12 Middle East And Africa Agricultural Biotechnology Market Analysis And Outlook To 2030

12.1 Introduction to Middle East and Africa Agricultural Biotechnology Markets in 2024

12.2 Middle East and Africa Agricultural Biotechnology Market Size Outlook by Country, 2021-2030

12.2.1 Saudi Arabia

12.2.2 UAE

12.2.3 Oman

12.2.4 Rest of Middle East

12.2.5 Egypt

12.2.6 Nigeria

12.2.7 South Africa

12.2.8 Rest of Africa

12.3 Middle East and Africa Agricultural Biotechnology Market size Outlook by Segments, 2021-2030

By Type

Hybrid Seeds

Transgenic Crops

Bio-pesticides

Bio-fertilizers

By Technology

Genetic Engineering

Tissue Culture

Embryo Rescue

Somatic Hybridization

Molecular Diagnostics

Vaccine

Others

By Application

Crop Production

Crop Protection

Chemical Tolerance

Disease Resistance

Others

 

13 Company Profiles

13.1 Company Snapshot

13.2 SWOT Profiles

13.3 Products and Services

13.4 Recent Developments

13.5 Financial Profile

List of Companies

Bayer AG

BASF SE

Benson Hill Inc

Biological Products Industry Alliance

China National Chemical Corp Ltd

Corteva Inc

DuPont de Nemours Inc

Eurofins Scientific SE

Evogene Ltd

Global Bio chem Technology Group Co. Ltd

Groupe Limagrain Holding

KWS SAAT SE and Co. KGaA

Marrone Bio Innovations Inc

Mitsui and Co. Ltd

Novozymes AS

Nufarm Ltd

Performance Plants Inc

Sumitomo Chemical Co. Ltd

The Dow Chemical Co.

Yield10 Bioscience Inc

 

14 Appendix

14.1 Customization Offerings

14.2 Subscription Services

14.3 Related Reports

14.4 Publisher Expertise

Agricultural Biotechnology Market Segmentation

By Type

• Hybrid Seeds
• Transgenic Crops
• Bio-pesticides
• Bio-fertilizers

 

By Technology

• Genetic Engineering
• Tissue Culture
• Embryo Rescue
• Somatic Hybridization
• Molecular Diagnostics
• Vaccine
• Others

 

By Application

• Crop Production
• Crop Protection
• Chemical Tolerance
• Disease Resistance
• Others

 

Geographical Analysis

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)