Press release
Agriculture Biotechnology Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027 | ADAMA Agricultural Solutions, Vilmorin, Bayer, Biocentury Transgene
During the projected period of 2021-2027, the "Agriculture Biotechnology Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Agriculture Biotechnology market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.In accordance with the Agriculture, Biotechnology market is set to grow at a CAGR of 10.9% over the forecast period (2021-2027).
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Market Overview
An increase in demand for new breeding techniques is expected to propel market growth. This is supplemented by increasing penetration of biotechnology tools to create or modify traits of organisms-including plants, animals, and microbes-with respect to colour, yield, or size. Biotechnology tools are gaining significant demand across agricultural applications. These include tissue culture and micropropagation, marker-assisted selection or molecular breeding, genetically modified crops & genetic engineering, molecular diagnostic technologies, and conventional plant breeding.
Top Key players operating in the global Agriculture Biotechnology market are:
ADAMA Agricultural Solutions, Vilmorin, Bayer, Biocentury Transgene, Certis, DowDuPont, Eurofins, Evogene, Global Bio-chem Technology, Syngenta, KWS Saat, Marina Biotech, Monsanto
Recent Development:
In February 2021, ADAMA Agricultural Solutions Ltd. launched a novel prothioconazole fungicide that offers improved cereal and oilseed disease control.
In August 2020, Syngenta AG announced the acquisition of Sensako (Pty) Ltd., a South African seed company specializing in cereals. Syngenta's entrance into the South African wheat, corn, and sunflower seeds markets will be helped by this acquisition, which will lay the foundation for its future expansion.
Major Agriculture Biotechnology Market Types covered are:
Animal
Plant
Microorganism
Other
Major Agriculture Biotechnology Market Applications covered are:
Genetic Engineering
Molecular Marker
Molecular Diagnostics
Vaccines and Tissue Culture
Other
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North America Is Largest Market for Agricultural Biotechnology
Globally, North America held the largest share in the agricultural biotechnology market. This leading position is majorly attributed to the increasing adoption of GM crops in the region. Moreover, the shortage of conventional fossil fuels has led to the development of biofuels, which, coupled with the regulatory approval for them by statutory bodies in the U.S., is expected to have a positive impact on the market growth. In addition, the several advantages of transgenic crops over normal crops, such as resistance to pests and toxic herbicides and additional nutritional values, are further expected to drive the region’s market during the forecast period.
Regional Analysis of Global Agriculture Biotechnology market:
The Agriculture Biotechnology Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Agriculture Biotechnology Market
- Chapter 1: outline of Agriculture Biotechnology marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the Agriculture Biotechnology Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global Agriculture Biotechnology Market
The Global Agriculture Biotechnology Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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Market intelligence data may be a global front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customised research reports.
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