Europe Agricultural Biotechnology Market 2020-2030

Europe agricultural biotechnology market was valued at $3,119.5 million in 2020 and will grow by 12.1% annually over 2020-2030 owing to the rising population, the burgeoning demand for food, and the rising adoption of enhanced technologies for crop cultivation. Transgenic cropping method offers more crop varieties to consumers than cross pollination or any natural process can offer. It provides higher & improved yield, resistance to pests, longer shelf life and high nutritional value due to which food grains demand supply gap is reduced. This is expected to drive the market. Increase in the demand for bio-fuel due to exhausting conventional resources is further expected to fuel the market growth.

Agriculture Biotechnology is a range of tools, include traditional breeding techniques, that alter living organisms or particular parts of the organism to modify products and to improve plant and animals breeding. Moreover, biotechnology plays a vital role in agriculture to control disease and increase the strength and capacity of plants to withstand drought and flooding, and harsh climate.

Rising use genetically modified (GM) crops is estimated to drive the growth of the market in the forecast period. As genetically modified allows the growth of crops with higher characteristics like high nutritional content, increased food processing characteristics such as high nutritional food processing quality increased resistance against pest control and diseases, high yield, nitrogen fixation, and improved strength to withstand any harsh climatic condition. Besides, the genetically modified food market is gaining more attention, which is further estimated to stimulate market growth in the region . Moreover, the agriculture industry is highly adopting genetically modified products due to high demand in the market and increased sustainability of crops. In Europe, in addition to public opposition to genetically modified food, the slow pace of development in agricultural and food biotechnology has been attributed to the lack of basic preconditions for commercial and innovative activities. The role and justification of a significant degree of regulation related to crop biotechnology is discussed.

Biotechnology provides farmers with tools that can make production very cheaper and manageable. For example, biotechnology crops can be engineered to tolerate specific herbicides, which make weed control simpler and more efficient. These crop production options could help countries keep pace with demands for food while reducing production costs. This is one of the key factor which drives the market in the region.  Many other types of plants are now in the research and development stages. Though it is not possible to know exactly which will come to fruition, certainly biotechnology will have highly varied uses for agriculture in the future. Developers are using biotechnology to try to reduce saturated fats in cooking oils, reduce allergens in foods, and also increase disease-fighting nutrients in foods, this will reel in new consumers which are conscious about their health. They are researching ways to use genetically engineered crops in the production of new medicines, which may lead to a new plant-made pharmaceutical industry that can reduce the costs of production using a sustainable resource. Though, genetically engineered plants are being developed for a purpose known as phytoremediation in which the plants detoxify pollutants in the soil or absorb and accumulate polluting substances out of the soil so that the plants can be harvested and disposed of safely. In case the result is improved soil quality at a polluted site. To produce hardier crops that will flourish in even the harshest environments and that will need less fuel, labour, fertilizer, and water, helping to decrease the pressures on land and wildlife habitats. All of these lucrative features are attracting farmers to adopt the practices of agricultural biotechnology.

Applications of Biotechnology in Agriculture mainly involves scientific techniques such as Genetically Modified Organisms, Bt Cotton, and Pest Resistant Plants. It helps in modifying plants, animals, and microorganisms and improves their agricultural productivity. Techniques like vaccines, tissue culture, and genetic engineering are also used. Genetically Modified Organisms – Biotechnology has both Genetically Modified and Non- Genetically Modified applications in agriculture. It has made the plant breeding procedure more precise and quick. The non- genetically modified applications involve tools like Marker Assisted Selection, Tissue Culture, and Mutation breeding, etc. Genetically Modified technology is being used in world agriculture. It has applications such as insect control, weed management, water use efficiency, nitrogen use efficiency, and salinity tolerance, etc which help us to grow our crops with less pesticide and under difficult abiotic stress conditions. Genetically Modified technology can help in conserving soil and the environment through reduced tilling and pesticide use. This biotechnology market therefore fulfils the gap for using non-toxic and chemical free practices further impacting the growth in an positive manner.

COVID-19 Impact

The pandemic affected the market moderately in a mixed manner. The effect was positive as the agricultural market looked for better yields but at the same time restricting them from using pesticides and chemicals, this gap was filled by the biotechnology sector. On the other hand the resilience of the European consumer which stemmed  from the idea of sustainability along with the high cost associated with such practices declines the adoption of the market during the pandemic when economic situations were uncertain. 

The report “Europe Agricultural Biotechnology Market 2020-2030 by Product (Biotech Seeds, Biologicals, Biotechnology Tools), Technology (Genome Editing, Synthetic Biology, Genetic Engineering, Marker-assisted Breeding, Plant Breeding, Germplasm), Application (Foliar Spray, Seed Treatment, Soil Treatment), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe agricultural biotechnology market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe agricultural biotechnology market in every aspect of the classification from perspectives of Product, Technology, Application, and Country.

Based on Product, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Biotech Seeds
Biotech Seeds by Breeding Type:
o Transgenic Seeds
o Gene-edited Seeds
o RNAi-based Seeds
Biotech Seeds by Trait Type
o Stacked Traits
o Herbicide-tolerant Traits
o Insect-resistant Traits
o Desirable Traits
o Virus-resistant Traits
Biotech Seeds by Crop Type
o Soybean
o Maize
o Cotton
o Canola
o Alfalfa
o Sugar beet
o Papaya
o Potato
o Squash
o Other Crops
• Biologicals
o Biopesticides
o Biostimulants
o Biofertilizers
o Genetic Biologicals
• Biotechnology Tools
o DNA Sequencing
o Biochips
o Gene Editing
o Synthetic Biology
o RNA Interference
• Synthetic Biology-enabled Products
o Polymers
o Biofuels
o Enzymes
o Oils & Lubricants
o Other Renewables

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Genome Editing
• Synthetic Biology
• Genetic Engineering
• Marker-assisted Breeding
• Plant Breeding
• Germplasm
• Other Technologies

Based on Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Foliar Spray
• Seed Treatment
• Soil Treatment
• Other Applications

Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Product, Technology, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):
ADAMA Agricultural Solutions Ltd.
BASF SE
Bayer AG
Benson Hill Inc.
Certis USA LLC
Corteva, Inc.
DuPont de Nemours, Inc.
Eurofins Scientific SE
Evogene Ltd.
Isagro Group
KWS SAAT SE & Co. KGaA
Marrone Bio Innovations, Inc.
Novozymes A/S
Performance Plants Inc.
Syngenta AG
Vilmorin & Cie S.A
Yield10 Bioscience, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)