"Global Agricultural Biotechnology Market - Size, Share, Demand, Industry Trends and Opportunities
Global Agricultural Biotechnology Market, By Product Type (Crop protection products, Transgenic Seeds, Synthetic Biology-Enables Products), Trait Type (Stacked, Herbicide-tolerant, Insect-resistant, Desirable and Virus-resistant), Organisms (Plants, Animals, Microbes), Application (Vaccine Development, Transgenic Crops and Animals, Antibiotic Development, Nutritional Supplements, Flower Culturing, Biofuels), Technology (Genome Editing, Synthetic Biology, Genetic Engineering, Marker-assisted Breeding, Plant Breeding, Germplasm, Other Technologies) – and Industry Trends.
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The global agricultural biotechnology market is a rapidly evolving industry that plays a crucial role in enhancing agricultural productivity, sustainability, and profitability. Agricultural biotechnology involves the application of scientific tools and techniques to modify plants, animals, and microorganisms to improve their traits for agricultural purposes. The market for agricultural biotechnology is driven by the increasing global population, rising demand for food security, and the need for sustainable agricultural practices to mitigate environmental concerns. According to the data for 2020, the market size was nan, and it is projected to reach nan by nan, growing at a CAGR of nan during the forecast period.
Segments
The global agricultural biotechnology market can be segmented based on technology, application, and crop type. In terms of technology, the market is divided into genome editing, genetic engineering, biochips, and others. Genome editing technology allows precise modification of plant genomes to enhance desirable traits such as disease resistance and yield potential. Genetic engineering involves the introduction of foreign genes into plants to confer specific characteristics like herbicide tolerance or insect resistance. Biochips are used for high-throughput screening of genetic variations in plants. In terms of application, the market can be categorized into transgenic crops, synthetic biology, and molecular diagnostics. Transgenic crops are genetically modified to express certain traits, while synthetic biology involves the design and construction of biological parts for agricultural purposes. Molecular diagnostics are used for the rapid and accurate detection of plant diseases. Crop type segmentation includes cereals, oilseeds, fruits & vegetables, and others.
Market Players
- Bayer AG
- BASF SE
- Syngenta
- DowDuPont
- Monsanto Company
- Certis USA LLC
- Evogene Ltd.
- KWS SAAT SE
- Precision Biosciences
- Eurofins Scientific
The global agricultural biotechnology market is highly competitive, with key players focusing on research and development activities, strategic collaborations, and product innovations to gain a competitive edge. Bayer AG, BASF SE, Syngenta, and DowDuPont are among the leading companies in the market, offering a wide range of agricultural biotechnology products and services. Monsanto Company, now part of Bayer AG, has been a pioneer in the field of genetically modified crops, with a strong focus on traits such as herbicide tolerance and insect resistance. Certis USA LLC specializes in biopesticides and sustainable crop protection solutions, while Evogene Ltd. focuses on agricultural trait discovery and development. KWS SAAT SE is known for its seed breeding expertise, and Precision Biosciences specializes in genome editing technologies. Eurofins Scientific offers molecular diagnostics services for plant disease detection, contributing to the advancement of precision agriculture.
In conclusion, the global agricultural biotechnology market is poised for significant growth driven by technological advancements, increasing adoption of genetically modified crops, and the need for sustainable agricultural practices. Key market players are investing in research and development initiatives to introduce innovative solutions for enhancing crop productivity and resilience. However, challenges such as regulatory hurdles, public perception concerns, and ethical considerations regarding genetically modified organisms (GMOs) continue to impact the market dynamics. Overall, the agricultural biotechnology sector is expected to play a crucial role in addressing the global food security challenges while promoting sustainable agriculture practices.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Agricultural Biotechnology Market
Chapter 3: Regional analysis of the Global Agricultural Biotechnology Market industry
Chapter 4: Agricultural Biotechnology Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Agricultural Biotechnology Market report:
Detailed considerate of Agricultural Biotechnology Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
Comprehensive valuation of all prospects and threat in the
In depth study of industry strategies for growth of the Agricultural Biotechnology Market-leading players.
Agricultural Biotechnology Market latest innovations and major procedures.
Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
Conclusive study about the growth conspiracy of Agricultural Biotechnology Market for forthcoming years.
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