Asia Pacific Agricultural Biotechnology Market 2020-2030

Asia Pacific agricultural biotechnology market will grow by 15.8% annually with a total addressable market cap of $130.9 billion over 2021-2030.

Asia Pacific agricultural biotechnology market will grow by 15.8% annually with a total addressable market cap of $130.9 billion over 2021-2030 owing to the rising population, the burgeoning demand for food, and the rising adoption of enhanced technologies for crop cultivation. 

Biotechnology is a technology that utilizes biological systems, living organisms, or parts of this to develop or create different products. Brewing and baking bread are instances of processes that fall within the concept of biotechnology to produce the desired product). Such traditional processes usually utilize the living organisms in their natural form (or further developed by breeding), while the more modern form of biotechnology will generally involve a more advanced modification of the biological system or organism. Today, biotechnology covers many different disciplines. New technologies and products are developed every year within the areas of agriculture which includes development of genetically modified plants, biofuels, biological treatment. Agricultural biotechnology is built with competencies and technical skills that describe the fundamental use of it in plant as medicine and food and defined as a set of tools that use living organisms or parts of it to make or modify a product, improve plants, trees, or develop microorganisms for specific uses pertaining to food production as a big picture to provide food security to the people

The agricultural biotechnology market is growing due to the increased incidence of chronic diseases and the rise in technological advancement. Moreover, an increasing number of product approval is another factor that accelerating the biotechnology market growth. The agricultural biotechnology sector (Ag Biotech) shares a common scientific foundation with the therapeutic biotechnology sector, including similar characteristics of a lengthy time to market for emerging products. But the challenges, goals, and opportunities for agricultural applications of biotechnology provide a very different context for innovation and entrepreneurs. Now just 30 years old, the Ag Biotech sector is entering its third cycle of innovation, with the first wave being agricultural biotechnology trait creation followed by a second wave of Ag Biotech trait commercialization. The agricultural trait segment continues to focus on two product categories, herbicide tolerance and insect resistance, in spite of few entrepreneurial opportunities available. However, Ag Biotech applications to chemistries, biopesticides, microbials, and natural products offer new opportunities. These sectors offer new business opportunities that, like the first wave of Ag Biotech, enable entrepreneurs to think about creating disruptive businesses, not just disruptive technologies for today’s business models. Everything in life has its benefits and risks, and genetic engineering is no exception. Much has been said about potential risks of genetic engineering technology, but so far there is little evidence from scientific studies that these risks are real. Transgenic organisms can offer a range of benefits above and beyond those that emerged from innovations in traditional agricultural biotechnology, these innovation in genetic engineering segment propels the market for agricultural biotechnology. Application of this practice among the agriculture market helped the farmer in many ways. Firstly, using of these practices helps to achieve desired results in terms of product quality for the farmer and with respect to the consumer. The biotech agricultural practice also helps to increase the nutrient value of the product which is desirable for the seller as well as the buyer. Also, the biotech have recently focused on developing crops with higher resistance to climate and insects which eliminates the risk of environmental change and also deduce the use of chemical fertilizers.  

Agricultural biotechnology has the potential to advance crop productivity production enhancement and improve food security at regional as well as global level. There is a growing alarm about the genetically engineered crops and its environment effects on food chain. Though, acceptance of such technologies has consequences, there is need for creating biosafety regulatory systems to decrease and eradicate possible potential risks arising from agricultural biotechnology on flora and fauna. For example,  India, as a party to the Convention on Biological Diversity and Cartagena Protocol, has acquired the responsibility of strengthening her biosafety structure very sincerely. 

COVID-19 Impact
The market was affected by the pandemic with situations like lockdowns and economic distress. But practices like agriculture were essential for sustaining the population and thus were affected moderately. The demand for non-toxic products during the pandemic saw a rise in with the consumer shifting towards more health-conscious trends. Along with this the need for better yield boosted the market growth. But on the other hand, the market also faced problems as the high initial cost was something the farmers were not looking forward to during economic uncertainty.

The report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific agricultural biotechnology market in every aspect of the classification from perspectives of Product, Technology, Application, and Country.

Based on Product, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

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.)

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Arun Kalwani

Arun Kalwani

Research Analyst

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Arun Kalwani

Table of Contents

  • 1 Introduction 7
  • 1.1 Industry Definition and Research Scope 7
  • 1.1.1 Industry Definition 7
  • 1.1.2 Research Scope 8
  • 1.2 Research Methodology 11
  • 1.2.1 Overview of Market Research Methodology 11
  • 1.2.2 Market Assumption 12
  • 1.2.3 Secondary Data 12
  • 1.2.4 Primary Data 12
  • 1.2.5 Data Filtration and Model Design 13
  • 1.2.6 Market Size/Share Estimation 14
  • 1.2.7 Research Limitations 15
  • 1.3 Executive Summary 16
  • 2 Market Overview and Dynamics 18
  • 2.1 Market Size and Forecast 18
  • 2.1.1 Impact of COVID-19 on World Economy 19
  • 2.1.2 Impact of COVID-19 on the Market 21
  • 2.2 Major Growth Drivers 23
  • 2.3 Market Restraints and Challenges 27
  • 2.4 Emerging Opportunities and Market Trends 31
  • 2.5 Porter’s Fiver Forces Analysis 35
  • 3 Segmentation of Asia Pacific Market by Product 40
  • 3.1 Market Overview by Product 40
  • 3.2 Biotech Seeds 42
  • 3.2.1 Biotech Seeds by Breeding Type 43
  • 3.2.2 Biotech Seeds by Trait Type 47
  • 3.2.3 Biotech Seeds by Crop Type 48
  • 3.3 Biologicals 49
  • 3.3.1 Biopesticides 51
  • 3.3.2 Biostimulants 52
  • 3.3.3 Biofertilizers 53
  • 3.3.4 Genetic Biologicals 54
  • 3.4 Biotechnology Tools 55
  • 3.4.1 DNA Sequencing 57
  • 3.4.2 Biochips 58
  • 3.4.3 Gene Editing 59
  • 3.4.4 Synthetic Biology 60
  • 3.4.5 RNA Interference 61
  • 3.5 Synthetic Biology-enabled Products 62
  • 3.5.1 Polymers 64
  • 3.5.2 Biofuels 65
  • 3.5.3 Enzymes 66
  • 3.5.4 Oils & Lubricants 67
  • 3.5.5 Other Renewables 68
  • 4 Segmentation of Asia Pacific Market by Technology 69
  • 4.1 Market Overview by Technology 69
  • 4.2 Genome Editing 71
  • 4.3 Synthetic Biology 72
  • 4.4 Genetic Engineering 73
  • 4.5 Marker-assisted Breeding 74
  • 4.6 Plant Breeding 75
  • 4.7 Germplasm 76
  • 4.8 Other Technologies 77
  • 5 Segmentation of Asia Pacific Market by Application 78
  • 5.1 Market Overview by Application 78
  • 5.2 Foliar Spray 80
  • 5.3 Seed Treatment 81
  • 5.4 Soil Treatment 82
  • 5.5 Other Applications 83
  • 6 Asia-Pacific Market 2019-2030 by Country 84
  • 6.1 Overview of Asia-Pacific Market 84
  • 6.2 Japan 87
  • 6.3 China 90
  • 6.4 Australia 93
  • 6.5 India 95
  • 6.6 South Korea 97
  • 6.7 Rest of APAC Region 99
  • 7 Competitive Landscape 101
  • 7.1 Overview of Key Vendors 101
  • 7.2 New Product Launch, Partnership, Investment, and M&A 104
  • 7.3 Company Profiles 105
  • ADAMA Agricultural Solutions Ltd. 105
  • BASF SE 107
  • Bayer AG 108
  • Benson Hill Inc. 109
  • Certis USA LLC 110
  • Corteva, Inc. 111
  • DuPont de Nemours, Inc. 112
  • Eurofins Scientific SE 113
  • Evogene Ltd. 114
  • Isagro Group 115
  • KWS SAAT SE & Co. KGaA 116
  • Marrone Bio Innovations, Inc. 117
  • Novozymes A/S 118
  • Performance Plants Inc. 119
  • Syngenta AG 120
  • Vilmorin & Cie S.A 121
  • Yield10 Bioscience, Inc. 122
  • RELATED REPORTS 123

List of Tables:

Table 1. Snapshot of Asia Pacific Agricultural Biotechnology Market in Balanced Perspective, 2019-2030 17
Table 2. Growth Rate of World GDP, 2020-2022 20
Table 3. World Population Projections to 2035 26
Table 4. Regulation of Gene-edited Crops by Country/Region 29
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Agricultural Biotechnology Market 31
Table 6. Asia Pacific Agricultural Biotechnology Market by Product, 2019-2030, $ mn 40
Table 7. Asia Pacific Agricultural Biotechnology Market: Biotech Seeds by Breeding Type, 2019-2030, $ mn 43
Table 8. Asia Pacific Agricultural Biotechnology Market: Biotech Seeds by Trait Type, 2019-2030, $ mn 47
Table 9. Asia Pacific Agricultural Biotechnology Market: Biotech Seeds by Crop Type, 2019-2030, $ mn 48
Table 10. Asia Pacific Agricultural Biotechnology Market: Biologicals by Segment, 2019-2030, $ mn 50
Table 11. Asia Pacific Agricultural Biotechnology Market: Biotechnology Tools by Type, 2019-2030, $ mn 56
Table 12. Asia Pacific Agricultural Biotechnology Market: Synthetic Biology-enabled Products by Type, 2019-2030, $ mn 63
Table 13. Asia Pacific Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 69
Table 14. Asia Pacific Agricultural Biotechnology Market by Application, 2019-2030, $ mn 78
Table 15. APAC Agricultural Biotechnology Market by Country, 2019-2030, $ mn 85
Table 16. Japan Agricultural Biotechnology Market by Product, 2019-2030, $ mn 89
Table 17. Japan Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 89
Table 18. Japan Agricultural Biotechnology Market by Application, 2019-2030, $ mn 89
Table 19. China Agricultural Biotechnology Market by Product, 2019-2030, $ mn 92
Table 20. China Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 92
Table 21. China Agricultural Biotechnology Market by Application, 2019-2030, $ mn 92
Table 22. Australia Agricultural Biotechnology Market by Product, 2019-2030, $ mn 94
Table 23. Australia Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 94
Table 24. Australia Agricultural Biotechnology Market by Application, 2019-2030, $ mn 94
Table 25. India Agricultural Biotechnology Market by Product, 2019-2030, $ mn 96
Table 26. India Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 96
Table 27. India Agricultural Biotechnology Market by Application, 2019-2030, $ mn 96
Table 28. South Korea Agricultural Biotechnology Market by Product, 2019-2030, $ mn 98
Table 29. South Korea Agricultural Biotechnology Market by Technology, 2019-2030, $ mn 98
Table 30. South Korea Agricultural Biotechnology Market by Application, 2019-2030, $ mn 98
Table 31. Agricultural Biotechnology Market in Rest of APAC by Country/Region, 2019-2030, $ mn 100
Table 32. ADAMA Agricultural Solutions Ltd.: Company Snapshot 105
Table 33. ADAMA Agricultural Solutions Ltd.: Business Segmentation 105
Table 34. ADAMA Agricultural Solutions Ltd.: Product Portfolio 106
Table 35. ADAMA Agricultural Solutions Ltd.: Revenue, 2018-2020, $ mn 106

List of Figures:

Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 4. Asia Pacific Agricultural Biotechnology Market, 2019-2030, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Agricultural Biotechnology Market 23
Figure 7. Primary Restraints and Impact Factors of Asia Pacific Agricultural Biotechnology Market 27
Figure 8. Investment Opportunity Analysis 32
Figure 9. Porter’s Fiver Forces Analysis of Asia Pacific Agricultural Biotechnology Market 35
Figure 10. Breakdown of Asia Pacific Agricultural Biotechnology Market by Product, 2019-2030, % of Revenue 41
Figure 11. Asia Pacific Addressable Market Cap in 2021-2030 by Product, Value ($ mn) and Share (%) 41
Figure 12. Asia Pacific Agricultural Biotechnology Market: Biotech Seeds, 2019-2030, $ mn 42
Figure 13. Asia Pacific Agricultural Biotechnology Market: Transgenic Seeds, 2019-2030, $ mn 44
Figure 14. Asia Pacific Agricultural Biotechnology Market: Gene-edited Seeds, 2019-2030, $ mn 45
Figure 15. Asia Pacific Agricultural Biotechnology Market: RNAi-based Seeds, 2019-2030, $ mn 46
Figure 16. Asia Pacific Agricultural Biotechnology Market: Biologicals, 2019-2030, $ mn 49
Figure 17. Asia Pacific Agricultural Biotechnology Market: Biopesticides, 2019-2030, $ mn 51
Figure 18. Asia Pacific Agricultural Biotechnology Market: Biostimulants, 2019-2030, $ mn 52
Figure 19. Asia Pacific Agricultural Biotechnology Market: Biofertilizers, 2019-2030, $ mn 53
Figure 20. Asia Pacific Agricultural Biotechnology Market: Genetic Biologicals, 2019-2030, $ mn 54
Figure 21. Asia Pacific Agricultural Biotechnology Market: Biotechnology Tools, 2019-2030, $ mn 55
Figure 22. Asia Pacific Agricultural Biotechnology Market: DNA Sequencing, 2019-2030, $ mn 57
Figure 23. Asia Pacific Agricultural Biotechnology Market: Biochips, 2019-2030, $ mn 58
Figure 24. Asia Pacific Agricultural Biotechnology Market: Gene Editing, 2019-2030, $ mn 59
Figure 25. Asia Pacific Agricultural Biotechnology Market: Synthetic Biology, 2019-2030, $ mn 60
Figure 26. Asia Pacific Agricultural Biotechnology Market: RNA Interference, 2019-2030, $ mn 61
Figure 27. Asia Pacific Agricultural Biotechnology Market: Synthetic Biology-enabled Products, 2019-2030, $ mn 62
Figure 28. Asia Pacific Agricultural Biotechnology Market: Polymers, 2019-2030, $ mn 64
Figure 29. Asia Pacific Agricultural Biotechnology Market: Biofuels, 2019-2030, $ mn 65
Figure 30. Asia Pacific Agricultural Biotechnology Market: Enzymes, 2019-2030, $ mn 66
Figure 31. Asia Pacific Agricultural Biotechnology Market: Oils & Lubricants, 2019-2030, $ mn 67
Figure 32. Asia Pacific Agricultural Biotechnology Market: Other Renewables, 2019-2030, $ mn 68
Figure 33. Breakdown of Asia Pacific Agricultural Biotechnology Market by Technology, 2019-2030, % of Sales Revenue 70
Figure 34. Asia Pacific Addressable Market Cap in 2021-2030 by Technology, Value ($ mn) and Share (%) 70
Figure 35. Asia Pacific Agricultural Biotechnology Market: Genome Editing, 2019-2030, $ mn 71
Figure 36. Asia Pacific Agricultural Biotechnology Market: Synthetic Biology, 2019-2030, $ mn 72
Figure 37. Asia Pacific Agricultural Biotechnology Market: Genetic Engineering, 2019-2030, $ mn 73
Figure 38. Asia Pacific Agricultural Biotechnology Market: Marker-assisted Breeding, 2019-2030, $ mn 74
Figure 39. Asia Pacific Agricultural Biotechnology Market: Plant Breeding, 2019-2030, $ mn 75
Figure 40. Asia Pacific Agricultural Biotechnology Market: Germplasm, 2019-2030, $ mn 76
Figure 41. Asia Pacific Agricultural Biotechnology Market: Other Technologies, 2019-2030, $ mn 77
Figure 42. Breakdown of Asia Pacific Agricultural Biotechnology Market by Application, 2019-2030, % of Sales Revenue 79
Figure 43. Asia Pacific Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 79
Figure 44. Asia Pacific Agricultural Biotechnology Market: Foliar Spray, 2019-2030, $ mn 80
Figure 45. Asia Pacific Agricultural Biotechnology Market: Seed Treatment, 2019-2030, $ mn 81
Figure 46. Asia Pacific Agricultural Biotechnology Market: Soil Treatment, 2019-2030, $ mn 82
Figure 47. Asia Pacific Agricultural Biotechnology Market: Other Applications, 2019-2030, $ mn 83
Figure 48. Breakdown of APAC Agricultural Biotechnology Market by Country, 2019 and 2030, % of Revenue 85
Figure 49. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 86
Figure 50. Agricultural Biotechnology Market in Japan, 2019-2030, $ mn 88
Figure 51. Agricultural Biotechnology Market in China, 2019-2030, $ mn 91
Figure 52. Agricultural Biotechnology Market in Australia, 2019-2030, $ mn 93
Figure 53. Agricultural Biotechnology Market in India, 2019-2030, $ mn 95
Figure 54. Agricultural Biotechnology Market in South Korea, 2019-2030, $ mn 97
Figure 55. Agricultural Biotechnology Market in Rest of APAC, 2019-2030, $ mn 99
Figure 56. Growth Stage of Asia Pacific Agricultural Biotechnology Industry over the Forecast Period 101

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