About Agriculture Biotechnology
Agricultural biotechnology is a vary of tools, which include typical breeding techniques, that alter residing organisms, or components of organisms, to make or adjust products; enhance plant life or animals; or boost microorganisms for precise agricultural uses. Modern biotechnology these days consists of the equipment of genetic engineering. Biotechnology presents farmers with equipment that can make manufacturing more cost effective and extra manageable. For example, some biotechnology plants can be engineered to tolerate precise herbicides, which make weed manage less complicated and extra efficient. Other plants have been engineered to be resistant to unique plant illnesses and insect pests, which can make pest manipulate greater dependable and effective, and/or can reduce the use of artificial pesticides. Agricultural biotechnology has been used to guard vegetation from devastating diseases. The papaya ringspot virus threatened to derail the Hawaiian papaya enterprise till papayas resistant to the ailment had been developed thru genetic engineering.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Agriculture Biotechnology market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), Arcadia Biosciences (United States), Thermo Fisher Scientific (United States), Bayer AG (Germany), Biocentury Transgene Co., Ltd (China), Vilmorin & Cie (France), Eurofins Scientific (Luxembourg), LGC Biosearch Technologies (United States), Corteva Agriscience (United States) and Dr. Chip Biotech Inc. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Evogene Ltd (Israel), Yield10 Bioscience, Inc. (United States), Certis USA LLC (United States), DowDuPont Inc. (United States) and Syngenta AG (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Agriculture Biotechnology market by Type (Genome Editing Tools, Deoxy Ribonucleic Acid Sequencing, Ribonucleic Acid Interference, Synthetic Biology and Biochips), Application (Herbicide Tolerance, Stacked Traits, Insect Tolerance and Others) and Region.
On the basis of geography, the market of Agriculture Biotechnology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Agriculture Biotechnology Market Dynamics:
Attributes | Details |
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Growth Drivers | - Adoption of Biotech Crops
- High Investment in Agriculture R & D
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Influencing Trends | - Rising Adoption of Biofuels
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Restraints | - Deterioration of Climatic Condition
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Road Blocks / Challenges | - Loss of Patents, Bringing Competition from Biosimilars
- High R&D Costs
- Low R&D Productivity
- Inadequate Human Resources and Expertise
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Gaps & Opportunities | - New Ways to Improve Food Yield
- Modify Vital Crops for Hardiness and Protection against Disease and Extreme Weather
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Market Leaders and their expansionary development strategies
In 2020, A South African seed business that specialises in cereals, Sensako (Pty) Ltd., has been acquired by Syngenta AG. This purchase will aid Syngenta's entry into the South African wheat, corn, and sunflower seed industries and serve as the company's springboard for future growth.
In 2021, An innovative prothioconazole fungicide was introduced by ADAMA Agricultural Solutions Ltd. to provide better control of the disease known as oilseed rape disease (OSR).
Key Target Audience
Agricultural Biotechnology companies, Contract research manufacturing organizations, Research & development organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.