Global Synthetic Biology in Agriculture and Food Industry market is expected to grow at a CAGR of 35% during 2021-2026

According to the MarkNtel Advisors' research report, "Global Synthetic Biology in Agriculture and Food Market Analysis, 2021," the market is expected to grow at a CAGR of 35% during 2021-26. The market growth attributes to rapid technological advancements and a rising inclination towards bio-based products. Additionally, synthetic technology overcomes unsustainability problems associated with traditional food technology.

Further, the rising demand for synthetic genes & cells to cater to the snowballing need for fresh agricultural products, which are high in nutrient value, presents an opportunity to fuel market growth in the forecast timeline.

Get a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/global-synthetic-biology-agriculture-food-market.html

Key questions answered in the study
1. What are the current and future trends in Global Synthetic Biology in Agriculture and Food market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for Global Synthetic Biology in Agriculture and Food market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Synthetic Biology in Agriculture and Food market service providers across various regions?

Genome Engineering Will Grow at Robust Rate
Based on the Technology, the market segments into Gene Synthesis, Next Generation DNA Sequencing, Genome Engineering, and Bioinformatics Technologies. The Genome Engineering segment is likely to grow significantly during the forecast period owing to the need for rapid and multiplex modification of genomes. Therefore, due to the extensive application of genome engineering, most industrial leaders have started investing in genome engineering, thereby boosting the overall growth of synthetic biology in the agriculture & food market.

"Global Synthetic Biology in Agriculture and Food Market Analysis, 2021" provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Synthetic Biology in Agriculture and Food Industry providers across the globe. Moreover, the report also encompasses the key strategic imperatives for the competitors' success and strategic factorial indexing measuring competitors' capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

For detailed analysis: https://www.marknteladvisors.com/research-library/global-synthetic-biology-agriculture-food-market.html

Synthetic Microbes Grows at a Substantial Rate
Based on the Product, the market segments include Synthetic Microbes, Software Tools, and Bio-Based Specialty Food. Among these segments, Synthetic Microbes are likely to grow during the forecast period as they reduce the usage of synthetic fertilizers and improve overall plant growth. Additionally, synthetic microbes increase plant nutrition and tolerance to extreme climatic changes.

Thereby, the segment is likely to contribute to the growth of global Synthetic Biology in the Agriculture and Food Industry in the forecast period, says MarkNtel Advisors in their research report, "Global Synthetic Biology in Agriculture and Food Industry Analysis, 2021."

According to MarkNtel Advisors, the industry leaders in the global Synthetic Biology in Agriculture and Food Industry are Bayer AG, AgBiome, Inc., Arzeda, Amyris, Inc., Agrivida, Inc., Concentric Agriculture Inc., Twist Bioscience, Evolva Holding SA, Inc., Benson Hill Biosystems, Inc, Pivot Bio, Cibus, Ltd, Codexis, Inc., GINKGO BIOWORKS.

Market Segmentation:
1. By Industry (Agriculture Industry, Food Industry)By Application (Agriculture Industry Application (Crop Yield Management, Crop Protection, Soil Health Management, Others), Food Industry Application (Food Process Optimization, Food Nutrition, Food Safety, Others))
2. By Technology (Gene Synthesis, Next Generation DNA Sequencing, Genome Engineering, Bioinformatics Technologies, Others)
3. By Product (Synthetic Microbes, Software Tools, Bio-Based Specialty Food, Others)
4. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
5. By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, The, Spain, Italy, India, Japan, Australia, Israel, South Africa)
6. By Competitors (AgBiome, Inc., Agrivida, Inc., Arzeda, Amyris, Inc., Bayer AG, Concentric Agriculture Inc., Evolva Holding SA, Pivot Bio, Inc., Benson Hill Biosystems, Inc, Cibus, Ltd, Codexis, Inc., GINKGO BIOWORKS, Twist Bioscience)

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We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.