According to the report, Modified Technological up-gradation
is one of the primary growth factors for the market. Growing need to increase crop yield
is also expected to contribute significantly to the Agricultural Biotechnology market. Overall, Transgenic Crops/Seeds
applications of Agricultural Biotechnology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Agricultural Biotechnology market identified that the demand is rising in many different parts of the world as "Favorable regulatory support
". Furthermore, some recent industry insights like "Increasing investments by key players in developing new crop protection products in order to increase their product portfolio and gain market attention. In October 2017, Bayer AG received a regulatory approval to sell its FOX Xpro fungicide, potentially boosting its agro-chemical business. Additionally, Dow AgroSciences launched Enlist corn in June 2017, enabling farmers to access the premier technology to maximize yield by controlling weeds during the period of growing season." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Agricultural Biotechnology market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2024 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Agricultural Biotechnology market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Agricultural Biotechnology market size is calculated using market estimation process, the Agricultural Biotechnology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Agricultural Biotechnology market size has been validated using both top-down and bottom-up approaches.