PUBLISHER: Value Market Research | PRODUCT CODE: 1392263
PUBLISHER: Value Market Research | PRODUCT CODE: 1392263
The global demand for Agricultural Biotechnology Market is presumed to reach the market size of nearly USD 71.02 BN by 2030 from USD 32.58 BN in 2022 with a CAGR of 10.23% under the study period of 2023 - 2030.
Agricultural biotechnology uses scientific tools and techniques to modify living organisms for agricultural purposes. It encompasses various methods like genetic engineering, molecular markers, and tissue culture to improve the efficiency of agricultural practices, crop yield, and quality.
With a burgeoning global population, the demand for food continues to rise, compelling the need for increased agricultural productivity. Biotechnology offers solutions by creating genetically modified crops, making them more resistant to pests, diseases, and adverse environmental conditions. This resilience enhances crop yields and quality, ensuring a steady food supply. Climate change poses significant risks to agriculture, and biotechnology steps in by developing crops capable of withstanding extreme conditions like droughts or floods. Additionally, there's a growing emphasis on sustainable farming practices, and biotech plays a crucial role in reducing the environmental impact of agriculture through decreased chemical usage and resource-efficient crop varieties. Technological advancements, especially in gene editing techniques like CRISPR/Cas9, accelerate the development of improved crop varieties with desired traits. Supportive regulatory frameworks, increased R&D investments, and favorable government policies further drive market growth by encouraging the adoption and commercialization of biotech products. These combined factors contribute to a rapidly expanding agricultural biotechnology market that addresses the evolving needs of sustainable, high-yield agriculture.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of agricultural biotechnology. The growth and trends of Agricultural Biotechnology Industry provide a holistic approach to this study.
This section of the agricultural biotechnology market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Agricultural Biotechnology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the agricultural Biotechnology market include Monsanto, Syngenta, Bayer CropScience, Corteva Agriscience, DuPont Pioneer Hi Bred, Vilmorin, Dow AgroSciences, Evogene Ltd., KWS SAAT AG, Certis USA, Mycogen Seeds, ADAMA Agricultural Solutions Ltd., Global Bio-chem Technology, Performance Plants Inc., Rubicon. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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