What is Agricultural Biotechnology Market Scope?
Biotechnology is a type of scientific technique used in various fields to make improvements & add modified technological advancement. Agricultural biotechnology will include the techniques used to enhance crop productivity & efficiency. It helps farmers to make crop production at cheaper & reasonable rate by using advanced innovative technology. Agricultural biotechnology can be utilized to protect crops from destructive diseases. It is mainly used to modify the genetic sequence of crops and also known as transgenic or genetically modified crops.
Influencing Trend:
Modified Technological up-gradation and Introduction of IOT based technology
Market Growth Drivers:
Growing need to increase crop yield and Adoption of genetically modified and healthy crops
Restraints:
Increases cost and Lack of Awareness
Opportunities:
Favorable regulatory support and Rising population will increase demand for food
The Agricultural Biotechnology market study is being classified by Type (Genome editing tools, Deoxy ribonucleic acid (DNA) sequencing, Ribonucleic acid interference (RNAi), Synthetic biology and Biochips), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Agricultural Biotechnology market throughout the predicted period.
Adama Agricultural Solutions Ltd. (China), BASF SE (Germany), Bayer AG (Germany), Certis USA LLC (United States), Dowdupont Inc. (United States), Evogene Ltd. (Israel), Global Bio-Chem Technology Group Company Limited (Hong Kong) and KWS SAAT SE (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Monsanto Company (United States), Performance Plants Inc. (Canada), Syngenta AG (Switzerland) and Vilmorin & CIE (France).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Agricultural Biotechnology market by Type, Application and Region.
On the basis of geography, the market of Agricultural 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).
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.
Key Target Audience
Key Consulting Companies & Advisors, Large, medium-sized, and small enterprises, Venture capitalists, Value-Added Resellers (VARs), Third-party knowledge providers, Investment bankers and Investors
Agricultural Biotechnology Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Agricultural Biotechnology Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Agricultural Biotechnology industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.