Press release
Agricultural Biotechnology Market is expected to reach USD 184.96 Billion by 2030 : Cognitive Market Research
Agricultural Biotechnology Market is expected to reach USD 184.96 Billion by 2030 : Cognitive Market Research
What is Agricultural Biotechnology?
- Agricultural biotechnology is the branch of biotechnology, which is focused on agricultural applications. Biotechnology makes easy to favorable features to spread through animals and plants. This is used for a long time to enhance agriculturally important organisms via selection and breeding. In addition, this is used for increasing agricultural crop production and altering the various crops of genomic sequence.
Summary:
• The Global Agricultural Biotechnology Market size was valued at USD 95.81 Billion in 2022 and is expected to grow at a CAGR Of 8.6 % during the forecast period, reaching USD 184.96 Billion by 2030.
• North America is the leading region in the Agricultural biotechnology market.
"To know more about The Agricultural Biotechnology Market statistics click here: https://www.cognitivemarketresearch.com/agricultural-biotechnology-market-report
Market Dynamics:
Agricultural Biotechnology Market Drivers:
- Increasing the effective approaches for rising agricultural productivity is the key factor expected to drive the growth of the Agricultural biotechnology market. In addition, increasing biotechnology adoption in transgenic crops is likely to boost the demand for the Agricultural biotechnology market.
Agricultural Biotechnology Market Opportunities:
- Increasing agricultural biotechnology to improve crop yield which is providing resistance to disease abilities creates growth opportunities for the global Agricultural biotechnology market in the forecast period. In addition, the technology enables the improvement of food texture, nutrition, and flavor content projected to create growth opportunities for the Agricultural biotechnology market.
Agricultural Biotechnology Market Restraints:
- The absence of infrastructure for the research is the key factor expected to hamper the Agricultural biotechnology market growth. In addition, an inadequate budget distribution for research and development in emerging countries is anticipated to hinder the growth of the Agricultural biotechnology market in the forecast period.
Segmentation Analysis:
Type:
• Bio-fertilizers
• Transgenic Crops
• Hybrid Seeds
• Bio-pesticides
Based on type, the hybrid seeds segment has the largest revenue share in the Agricultural biotechnology market. This is attributed to hybrid seed's various reasons for production including increasing output, particular characteristics such as color, and resistance to certain plant diseases likely to fuel the growth of this segment.
Technology:
• Vaccine
• Genetic Engineering
• Embryo Rescue
• Tissue Culture
• Molecular Diagnostics
• Somatic Hybridization
• Others
Based on technology, the genetic engineering segment has the major revenue share in the Agricultural biotechnology market. This is due to the increasing use of Agricultural biotechnology for improving the nutritional and medical value of crops as genetic engineering and increasing worldwide crop output. In addition, genetic engineering is used for increasing pesticide resistance.
Application:
• Disease Resistance
• Crop Production
• Chemical Tolerance
• Crop Protection
• Others
Based on application, crop production is the leading segment in the Agricultural biotechnology market. This is owing to biotic and abiotic stresses that pose threat to crop yields such as rice, wheat, and corn and biotechnology is allowing plant scientists to understand the mechanisms. This is expected to propel the demand for this segment in the target market.
The Major Players in Agricultural Biotechnology Market are:
Syngenta, DuPont, Monsanto, ADAMA Agricultural Solutions, BASF, Bayer CropScience, Certis USA, Dow AgroSciences, Mycogen Seed, Performance Plants, KWS SAAT, Evogene, Rubicon, Vilmorin, Global Bio-chem Technology
Get free sample pages of the latest published Agricultural Biotechnology market Report:
https://www.cognitivemarketresearch.com/agricultural-biotechnology-market-report#request_sample
Regional Analysis:
- North America accounted for the leading region in the Agricultural Biotechnology market
North America is the leading region in the Agricultural biotechnology market. This is due to the increasing range of crops, agro-climatic zones, and genetically modified planted areas in the region. In addition, Canada and U.S. are together global GM areas in the region anticipated to drive the demand for the Agricultural biotechnology market in the region.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Agricultural Biotechnology Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Agricultural Biotechnology Market Segmentation
1.5.1 Agricultural Biotechnology Market Regional Fragmentation
1.5.1 Agricultural Biotechnology Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Agricultural Biotechnology Market
Chapter 4 Global Agricultural Biotechnology Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Agricultural Biotechnology Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Agricultural Biotechnology Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Agricultural Biotechnology Market by Technology Segmentation Analysis (2018-2030)
Chapter 12 Global Agricultural Biotechnology Market Regional Analysis
Chapter 13 North America Agricultural Biotechnology Market Outlook (2018 - 2030)
Chapter 14 Europe Agricultural Biotechnology Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Agricultural Biotechnology Market Outlook (2018 - 2030)
Chapter 16 Latin America Agricultural Biotechnology Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Agricultural Biotechnology Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Agricultural Biotechnology Market TOC click here: https://www.cognitivemarketresearch.com/agricultural-biotechnology-market-report#table_of_contents
Related Report:
• Food Biotechnology Market - https://www.cognitivemarketresearch.com/food-biotechnology-market-report
• Genotyping Market - https://www.cognitivemarketresearch.com/genotyping-market-report
• Biotechnology Reagents Market - https://www.cognitivemarketresearch.com/biotechnology-reagents-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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