Global Agriculture Biotechnology Market Overview, 2024-29

The Global Agriculture Biotechnology Market is segmented into By Type (Hybrid Seeds, Transgenic Crops, Bio-pesticides and Bio-fertilizers), By Technology (Genetic Engineering, Tissue Culture, Embryo Rescue, Somatic Hybridization, Molecular Diagnostics, Vaccine and Others), By Application (Transgenic Crops & Animals, Antibiotic Development, Biofuels, Vaccine Development, Nutritional Supplements and Flower Culturing) and By Crop Type (Soybean, Maize, Cotton and Others (Canola, alfalfa, sugar beets, potatoes, papaya, squash, apples)).

The Global Agricultural Biotechnology market is anticipated to cross USD 80 Billion by 2029, increasing from USD 53 Billion in 2023 with 8.14% CAGR by 2024-29.

Agriculture Biotechnology Market Market Analysis

The global Agriculture Biotechnology market has a rich history intertwined with the evolution of genetic engineering, molecular biology, and biotechnological innovations. Over the years, advancements in science and technology have revolutionized agricultural practices, leading to the development of genetically modified crops, bio-based pesticides, and precision farming techniques. This history reflects a continuous quest to enhance crop yields, improve food security, and mitigate environmental challenges in the agricultural sector. Culturally, the adoption of biotechnology in agriculture varies across regions, influenced by factors such as socio-economic conditions, regulatory frameworks, and consumer perceptions. While some countries embrace biotech solutions as a means to boost productivity and competitiveness, others exhibit cautious attitudes due to concerns about safety, environmental impact, and ethical considerations. In the global Agriculture Biotechnology market, key players encompass a diverse array of companies, research institutions, and academic centers driving innovation and technology development. Major players include multinational corporations such as Bayer AG, Monsanto Company, Syngenta AG, and BASF SE, known for their extensive portfolios of biotech products, research capabilities, and market dominance. Numerous smaller biotech firms and startups contribute to the market with specialized solutions, niche technologies, and disruptive innovations. Demographically, the landscape of the Agriculture Biotechnology market spans across regions with varying agricultural profiles, climates, and socio-economic conditions. From the vast farmlands of North America and Europe to the agrarian landscapes of Asia Pacific and South America, each region presents unique opportunities and challenges for biotech adoption. Population demographics, agricultural practices, and regulatory environments shape market dynamics and demand patterns, influencing investment decisions and market strategies. Government policies and regulations play a pivotal role in shaping the trajectory of the global Agriculture Biotechnology market. Regulatory frameworks govern the research, development, commercialization, and labeling of biotech products, ensuring safety, environmental sustainability, and consumer protection. Policies range from stringent regulations in some countries, requiring thorough assessments of biotech products, to more lenient approaches fostering innovation and market access in others. Government support through funding initiatives, research grants, and technology transfer programs also accelerates biotech innovation and adoption, facilitating collaborations between public and private sectors to address agricultural challenges and promote sustainable development. Overall, the global Agriculture Biotechnology market thrives in a dynamic ecosystem shaped by its rich history, diverse cultures, key players, demographic landscape, and government policies, driving innovation and transformation in agriculture. According to the research report, “Global Agriculture Biotechnology Market Overview, 2024-2029” published by Bonafide Research, the market is anticipated to cross USD 83 Billion by 2029, increasing from USD 53 Billion in 2023. The market is expected to grow with 8% CAGR by 2024-29. The global Agriculture Biotechnology market embodies a multifaceted landscape characterized by diverse strategies, influential factors, special aspects, and dynamic forces shaping its trajectory. Strategic approaches adopted by key players in this market range from investment in research and development to strategic partnerships and acquisitions, aimed at expanding product portfolios, enhancing technological capabilities, and accessing new markets. Influencing factors encompass a broad spectrum, including technological advancements, regulatory environments, consumer preferences, and macroeconomic trends. Technological breakthroughs, such as CRISPR-Cas9 gene editing and RNA interference, drive innovation and enable the development of novel biotech solutions with enhanced traits, resilience, and efficiency. Regulatory frameworks, varying across regions, impact market dynamics by influencing the approval processes, market access, and public acceptance of biotech products. Consumer preferences for sustainable, environmentally friendly, and healthy food products shape market demand, prompting companies to invest in biotech solutions that align with these preferences. Macroeconomic factors such as population growth, urbanization, climate change, and resource constraints drive the need for innovative agricultural technologies to ensure food security, mitigate environmental impacts, and enhance agricultural productivity sustainably. Special aspects of the Agriculture Biotechnology market include its interdisciplinary nature, bringing together expertise from fields such as genetics, molecular biology, agronomy, and environmental science to address complex agricultural challenges. The market also exhibits a high level of innovation and dynamism, with continuous advancements in biotechnological tools, techniques, and applications reshaping the agricultural landscape. Differentiating factors within the Agriculture Biotechnology market encompass regional disparities in regulatory frameworks, market maturity, infrastructure, and socio-economic conditions, influencing market dynamics and investment priorities. The global Agriculture Biotechnology market represents a dynamic and evolving ecosystem characterized by strategic innovation, diverse influencing factors, unique special aspects, and regional differentiators, shaping the future of agriculture and food production worldwide.

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Market Dynamic

Market Drivers > Growing Food Demand: As global populations continue to rise, the demand for food escalates, placing pressure on agricultural systems to increase productivity and efficiency. Agriculture biotechnology offers solutions to meet this demand by developing genetically modified crops with enhanced traits such as higher yields, improved resistance to pests and diseases, and tolerance to environmental stresses. Biotech innovations enable farmers to produce more food on limited land resources while minimizing the environmental impact of agriculture, thus addressing the challenge of feeding a growing population. • Environmental Sustainability Concerns: Heightened awareness of environmental issues such as climate change, soil degradation, and water scarcity is driving demand for sustainable agricultural practices. Agriculture biotechnology offers solutions to mitigate these challenges by developing crops that require fewer inputs, such as water and pesticides, and have a reduced environmental footprint. For example, genetically modified crops engineered for drought tolerance or pest resistance can help conserve water resources and reduce the need for chemical pesticides, thereby promoting eco-friendly farming practices. < b style="color:orange">Market Challenges • Public Perception and Acceptance : Regulatory Uncertainty: The complex and evolving regulatory landscape surrounding biotechnology poses significant challenges for market players. Different countries and regions have varying regulations governing the research, development, commercialization, and labeling of biotech products. Obtaining regulatory approvals for genetically modified crops and other biotech innovations can be a lengthy and costly process, delaying market entry and increasing compliance burdens for companies. • Public Perception and Acceptance : Public Perception and Consumer Acceptance: Public concerns and skepticism towards genetically modified organisms (GMOs) and biotech products pose challenges for market acceptance and adoption. Despite scientific evidence supporting the safety and benefits of biotechnology in agriculture, public perception is often influenced by misconceptions, misinformation, and fear of the unknown. Negative media coverage, advocacy campaigns, and labeling initiatives further fuel consumer apprehension towards GMOs and biotech-derived food products. Market Trends Rising Demand for GM Crops and Biotech Solutions : Rise of Precision Agriculture: Precision agriculture technologies are rapidly gaining traction in the agriculture biotechnology market, revolutionizing farm management practices and enhancing productivity. These technologies, including remote sensing, GPS mapping, drones, and sensor-based monitoring systems, enable farmers to collect real-time data on crop health, soil conditions, and environmental factors. By leveraging data analytics and artificial intelligence, precision agriculture allows for precise and targeted application of inputs such as water, fertilizers, and pesticides, optimizing resource use and minimizing waste. The adoption of precision agriculture enhances farm efficiency, reduces production costs, and promotes sustainable farming practices, driving demand for biotech solutions tailored to precision agriculture applications. • Rising Demand for GM Crops and Biotech Solutions : Emergence of Gene Editing Technologies: Gene editing technologies, particularly CRISPR-Cas9, are revolutionizing the field of agriculture biotechnology, enabling precise and targeted modifications to crop genomes. CRISPR-Cas9 and other gene editing tools allow researchers and biotech companies to edit specific genes associated with desirable traits such as disease resistance, drought tolerance, and nutritional content. Unlike traditional genetic engineering methods, gene editing offers greater precision, efficiency, and control over genetic modifications, facilitating the development of crop varieties with improved traits in a shorter time frame. The emergence of gene editing technologies opens up new avenues for crop improvement and innovation, accelerating the development of next-generation biotech products with enhanced agronomic and consumer-focused traits.

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Agriculture Biotechnology Market Segmentation

By Type Hybrid Seeds
Transgenic Crops
Bio-pesticides
Bio-fertilizers
By Technology Genetic Engineering
Tissue Culture
Embryo Rescue
Somatic Hybridization
Molecular Diagnostics
Vaccine
Others
By Application Transgenic Crops & Animals
Antibiotic Development
Biofuels
Vaccine Development
Nutritional Supplements
Flower Culturing
By Crop Type Soybean
Maize
Cotton
Others (Canola, alfalfa,sugar beets, potatoes, papaya, squash, apples)
GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Asia-PacificChina
Japan
India
Australia
South Korea
South AmericaBrazil
Argentina
Colombia
MEAUnited Arab Emirates
Saudi Arabia
South Africa

Based on type segment market includes Hybrid Seeds, Transgenic Crops, Bio-pesticides and Bio-fertilizers. Bio-fertilizers type is expected to grow in the global Agriculture Biotechnology market due to increasing demand for environmentally sustainable alternatives to chemical fertilizers. The bio-fertilizers, as concerns about environmental sustainability and food security continue to rise, there is a growing recognition of the need to adopt practices that minimize negative impacts on the environment while ensuring long-term agricultural productivity. Bio-fertilizers, which consist of beneficial microorganisms that enhance soil fertility and nutrient uptake by plants, offer a natural and eco-friendly solution to address these challenges. Unlike chemical fertilizers, which can have adverse effects on soil health, water quality, and ecosystem balance, bio-fertilizers work in harmony with the environment by improving soil structure, nutrient availability, and microbial diversity. They facilitate nutrient cycling and promote beneficial interactions between soil microbes and plant roots, resulting in improved soil health, crop growth, and yield. Bio-fertilizers contribute to reducing the reliance on synthetic inputs, minimizing nutrient runoff, and mitigating environmental pollution. In the global Agriculture Biotechnology market, the adoption of bio-fertilizers is driven by a combination of factors, including increasing awareness among farmers about the benefits of sustainable agricultural practices, supportive government policies promoting eco-friendly farming methods, and advancements in biotechnology enabling the development of more effective and efficient bio-fertilizer products. Moreover, consumer preferences for sustainably produced food products and regulatory pressure to reduce the environmental footprint of agriculture further stimulate demand for bio-fertilizers. The growing demand for environmentally sustainable agricultural solutions, coupled with advancements in biotechnology and supportive policy frameworks, positions the bio-fertilizers segment for significant growth in the global Agriculture Biotechnology market, contributing to a more sustainable and resilient agricultural system worldwide. Based on Technology segment market includes Genetic Engineering, Tissue Culture, Embryo Rescue, Somatic Hybridization, Molecular Diagnostics, Vaccine and Others. Vaccine is expected to grow in the Global Agriculture Biotechnology market due to increasing concerns about livestock health, disease prevention, and food safety. Vaccines play a crucial role in protecting animals from infectious diseases, reducing the risk of disease outbreaks, and ensuring the health and productivity of livestock populations. With the globalization of food supply chains and the interconnectedness of agricultural systems, the need for effective disease control measures has become more pronounced. Vaccines offer a proactive approach to disease management, providing immunity to animals against specific pathogens and reducing the reliance on antibiotics and other therapeutic treatments. The growing demand for animal products and protein sources worldwide underscores the importance of maintaining healthy and disease-resistant livestock populations to meet food security goals. There is a growing emphasis on research and development in vaccine technology, aimed at developing novel vaccines with improved efficacy, safety, and ease of administration. Advances in biotechnology, such as recombinant DNA technology and protein engineering, enable the development of next-generation vaccines tailored to specific pathogens and livestock species. Moreover, the emergence of new infectious diseases and the threat of antimicrobial resistance highlight the need for continuous innovation in vaccine technology to address evolving challenges in animal health and disease control. In the global Agriculture Biotechnology market, the growth of the vaccine segment is further driven by supportive government policies, investments in research and development, and collaborations between biotech companies, veterinary organizations, and academic institutions. Vaccines represent a critical component of integrated disease management strategies in agriculture, contributing to improved animal welfare, sustainable food production, and public health outcomes on a global scale. Based on Application segment market includes Transgenic Crops & Animals, Antibiotic Development, Biofuels, Vaccine Development, Nutritional Supplements and Flower Culturing. Flower Culturing is expected to lead the Global Agriculture Biotechnology market due to the increasing demand for ornamental plants, landscaping, and floriculture products worldwide. Flower culturing encompasses various biotechnological approaches aimed at enhancing the aesthetic appeal, quality, and marketability of floral crops. Biotechnology enables the development of novel flower varieties with desirable traits such as vibrant colors, extended blooming periods, disease resistance, and enhanced fragrance, catering to consumer preferences and market trends. Moreover, biotech innovations such as tissue culture propagation, genetic modification, and molecular breeding techniques offer opportunities to optimize flower production, increase yields, and improve post-harvest handling and shelf life. Additionally, biotechnology plays a crucial role in addressing challenges such as pests and diseases, environmental stressors, and climate variability, which can impact flower cultivation and quality. In the global Agriculture Biotechnology market, the flower culturing segment is driven by a combination of factors, including the expanding market for ornamental plants and flowers, advancements in biotechnology enabling precise trait manipulation, and the adoption of sustainable production practices. Furthermore, the integration of biotech solutions into flower culturing operations enhances efficiency, productivity, and profitability for growers, while also meeting consumer demand for high-quality and visually appealing floral products. Collaborations between biotech companies, floral breeders, research institutions, and flower growers further stimulate innovation and market growth in the flower culturing segment. Flower culturing represents a significant opportunity in the global Agriculture Biotechnology market, contributing to the aesthetic enhancement of landscapes, urban green spaces, and floral arrangements, while also driving economic development and sustainability in the floriculture industry. Based on Crop Type segment market includes Soybean, Maize, Cotton and Others. Cotton is expected to grow in the Global Agriculture Biotechnology market due to its significance as a major cash crop and the increasing demand for sustainable and high-yielding cotton varieties worldwide. Cotton is anticipated to grow in the global Agriculture Biotechnology market , As one of the most widely cultivated fiber crops, cotton plays a crucial role in various industries, including textile, apparel, and home furnishings. The adoption of biotechnology in cotton cultivation offers numerous advantages, including improved pest and disease resistance, enhanced fiber quality, increased yield potential, and reduced environmental impact. Genetically modified (GM) cotton varieties, engineered to express traits such as insect resistance (Bt cotton) and herbicide tolerance, have gained widespread acceptance among farmers due to their ability to mitigate losses from pests and weeds while reducing the need for chemical pesticides and manual labor. Additionally, biotech innovations such as molecular breeding, marker-assisted selection, and genome editing enable the development of tailor-made cotton varieties with desired agronomic traits, suited to different growing conditions and market demands. In the global Agriculture Biotechnology market, the growth of the cotton segment is further propelled by factors such as supportive government policies, investments in biotech research and development, and collaborations between biotech companies, agricultural institutions, and cotton growers' associations. Consumer demand for sustainably produced cotton, coupled with increasing awareness of the environmental and social impacts of conventional cotton farming practices, drives the adoption of biotech solutions that promote resource efficiency, soil health, and biodiversity conservation. The integration of biotechnology into cotton cultivation practices enhances farm productivity, profitability, and resilience to climate variability, contributing to the long-term sustainability and competitiveness of the cotton industry. Cotton represents a significant opportunity in the global Agriculture Biotechnology market, offering solutions to address the challenges facing the cotton sector while meeting the growing demand for sustainable and high-quality cotton products worldwide.

Agriculture Biotechnology Market Market Regional Insights

Based on report market includes five major regions North America, Europe, Asia-Pacific, South America and Middle East & Africa. Asia-Pacific region is expected to grow at fastest rate in global Agriculture biotechnology market during the forecast period. The Asia-Pacific region is poised to experience the fastest growth in the global Agriculture Biotechnology market during the forecast period, driven by several key factors that highlight its potential for rapid expansion and innovation in agricultural biotechnology. The Asia-Pacific region encompasses a diverse array of countries with varying levels of agricultural development, ranging from emerging economies to advanced agricultural powerhouses. This diversity presents a vast market opportunity for biotechnology companies to address the unique challenges and opportunities faced by different countries within the region. Asia-Pacific countries are home to a significant proportion of the world's population, with increasing urbanization, rising incomes, and changing dietary patterns driving demand for agricultural products. Biotechnology offers solutions to enhance crop productivity, improve nutritional quality, and address food security concerns in the face of population growth and climate change impacts. The Asia-Pacific region has witnessed rapid technological advancements and investments in biotechnology research and development, supported by government initiatives, academic institutions, and private sector investments. Countries such as China, India, and Australia have emerged as leading hubs for biotech innovation, with a focus on developing novel biotech solutions tailored to regional agricultural needs. Supportive regulatory frameworks, intellectual property protection, and collaborations between public and private sectors facilitate the adoption and commercialization of biotech products in the Asia-Pacific region. The growing awareness among farmers about the benefits of biotechnology, coupled with increasing government support for sustainable agriculture and innovation, further accelerate the adoption of biotech solutions across the region. Strategic partnerships, technology transfer initiatives, and knowledge-sharing platforms promote collaboration and capacity building in agricultural biotechnology, driving growth and innovation in the Asia-Pacific Agriculture Biotechnology market. The Asia-Pacific region's dynamic agricultural landscape, favorable demographics, technological advancements, and supportive policy environment position it as a key growth engine in the global Agriculture Biotechnology market, driving innovation, productivity, and sustainability in the agricultural sector.

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Companies Mentioned

  • UPL Limited
  • Basf SE
  • Bayer AG
  • FMC Corporation
  • Nufarm
  • Syngenta AG
  • Corteva, Inc.
  • Eurofins Scientific SE
  • KWS SAAT SE & Co. KGaA
  • Sakata Seed Corporation
Company mentioned

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Agriculture Biotechnology Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Types
  • 6.5. Market Size and Forecast, By Technology
  • 6.6. Market Size and Forecast, By Application
  • 6.7. Market Size and Forecast, By Crop Type
  • 7. North America Agriculture Biotechnology Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Types
  • 7.4. Market Size and Forecast, By Technology
  • 7.5. Market Size and Forecast, By Application
  • 7.6. Market Size and Forecast, By Crop Type
  • 8. Europe Agriculture Biotechnology Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Types
  • 8.4. Market Size and Forecast, By Technology
  • 8.5. Market Size and Forecast, By Application
  • 8.6. Market Size and Forecast, By Crop Type
  • 9. Asia-Pacific Agriculture Biotechnology Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Types
  • 9.4. Market Size and Forecast, By Technology
  • 9.5. Market Size and Forecast, By Application
  • 9.6. Market Size and Forecast, By Crop Type
  • 10. South America Agriculture Biotechnology Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Types
  • 10.4. Market Size and Forecast, By Technology
  • 10.5. Market Size and Forecast, By Application
  • 10.6. Market Size and Forecast, By Crop Type
  • 11. Middle East & Africa Agriculture Biotechnology Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Types
  • 11.4. Market Size and Forecast, By Technology
  • 11.5. Market Size and Forecast, By Application
  • 11.6. Market Size and Forecast, By Crop Type
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. BASF SE
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Bayer AG
  • 12.6.3. UPL Ltd
  • 12.6.4. Syngenta
  • 12.6.5. FMC Corporation
  • 12.6.6. Corteva, Inc
  • 12.6.7. Nufarm Ltd
  • 12.6.8. KWS SAAT SE & Co. KGaA
  • 12.6.9. Eurofins Scientific SE
  • 12.6.10. Sakata Seed Corporation
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Agriculture Biotechnology Market Snapshot, By Segmentation (2023 & 2029) (in USD Billions)
Table 2: Influencing Factors for Agriculture Biotechnology Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Agriculture Biotechnology Market Size and Forecast, By Geography (2018 to 2029F) (In USD Billions)
Table 7: Global Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 8: Global Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 9: Global Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 10: Global Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)
Table 11: North America Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 12: North America Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 13: North America Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 14: North America Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)
Table 15: Europe Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 16: Europe Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 17: Europe Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 18: Europe Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)
Table 19: Asia-Pacific Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 20: Asia-Pacific Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 21: Asia-Pacific Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 22: Asia-Pacific Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)
Table 23: South America Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 24: South America Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 25: South America Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 26: South America Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)
Table 27: Middle East & Africa Agriculture Biotechnology Market Size and Forecast, By Types (2018 to 2029F) (In USD Billions)
Table 28: Middle East & Africa Agriculture Biotechnology Market Size and Forecast, By Technology (2018 to 2029F) (In USD Billions)
Table 29: Middle East & Africa Agriculture Biotechnology Market Size and Forecast, By Application (2018 to 2029F) (In USD Billions)
Table 30: Middle East & Africa Agriculture Biotechnology Market Size and Forecast, By Crop Type (2018 to 2029F) (In USD Billions)

Figure 1: Global Agriculture Biotechnology Market Size (USD Billions) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 5: Global Agriculture Biotechnology Market Share By Region (2023)
Figure 6: North America Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 7: North America Agriculture Biotechnology Market Share By Country (2023)
Figure 8: Europe Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 9: Europe Agriculture Biotechnology Market Share By Country (2023)
Figure 10: Asia-Pacific Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 11: Asia-Pacific Agriculture Biotechnology Market Share By Country (2023)
Figure 12: South America Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 13: South America Agriculture Biotechnology Market Share By Country (2023)
Figure 14: Middle East & Africa Agriculture Biotechnology Market Size By Value (2018, 2023 & 2029F) (in USD Billions)
Figure 15: Middle East & Africa Agriculture Biotechnology Market Share By Country (2023)
Figure 16: Competitive Dashboard of top 5 players, 2023
Figure 17: Market Share insights of key players, 2023
Figure 18: Porter's Five Forces of Global Agriculture Biotechnology Market

Agriculture Biotechnology Market Market Research FAQs

Agricultural biotechnology involves using scientific methods such as genetic engineering, molecular markers, and tissue culture to modify plants, animals, and microorganisms for improved agricultural performance. These modifications aim to enhance traits such as pest resistance, yield, and nutritional content in crops and livestock.

The primary applications include crop improvement for traits like herbicide resistance and drought tolerance, and animal biotechnology to increase efficiency in livestock production. Microbial biotechnology utilizes microorganisms for biofertilizers and biopesticides, while genomic tools aid in precise breeding programs.

Benefits include higher crop yields and improved resistance to pests and diseases, resulting in more reliable food production. Biotechnology also enables the development of crops with enhanced nutritional profiles and sustainable agricultural practices such as reduced use of pesticides.

Key challenges include regulatory hurdles and varying acceptance levels of genetically modified organisms (GMOs) across different regions. Additionally, ethical concerns and public skepticism regarding biotechnology products can affect market growth and adoption rates.

Major players in the market include multinational companies such as Bayer CropScience, Syngenta, Corteva Agriscience, and BASF. These companies focus on developing and commercializing genetically modified crops, animal genetics, and other biotechnological products.

Emerging trends include the adoption of gene editing techniques like CRISPR to enhance crop traits and reduce development timelines. Another trend is the use of biotechnology to create more sustainable agricultural practices, such as producing plants that require fewer resources or can grow in diverse climates.
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Global Agriculture Biotechnology Market Overview, 2024-29

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