Press release
Agricultural Biotechnology Market is set to Fly High Growth in Years to Come: BASF SE, Bayer AG, Evogene Ltd
Agricultural Biotechnology Market
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According to HTF Market Intelligence, the Global Agricultural Biotechnology market is to witness a CAGR of 7.71% during the forecast period of 2023-2029. The market is segmented by Application (Transgenic Crops/Seeds, Bio-pesticides, Others) by Type (Genome editing tools, Deoxyribonucleic acid (DNA) sequencing, Ribonucleic acid interference (RNAi), Synthetic biology, Biochips), and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Agricultural Biotechnology market size is estimated to increase by USD 27899.79 million at a CAGR of 7.71% from 2023 to 2029.
Definition:
Biotechnology is a type of scientific technique used in various fields to make improvements & add modified technological advancement. Agricultural biotechnology will include the techniques used to enhance crop productivity & efficiency. It helps farmers to make crop production at a cheaper & reasonable rate by using advanced innovative technology. Agricultural biotechnology can be utilized to protect crops from destructive diseases. It is mainly used to modify the genetic sequence of crops and is also known as transgenic or genetically modified crops.
Market Trends:
• Modified Technological up-gradation
• Introduction of IOT-based technology
Market Drivers:
• Growing need to increase crop yield
• Adoption of genetically modified and healthy crops
Market Opportunities:
• Favorable regulatory support
• Rising population will increase the demand for food
Agricultural Biotechnology Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: Adama Agricultural Solutions Ltd. (China), BASF SE (Germany), Bayer AG (Germany), Certis USA LLC (United States), Dowdupont Inc. (United States), Evogene Ltd. (Israel), Global Bio-Chem Technology Group Company Limited (Hong Kong), KWS SAAT SE (Germany)
Additionally, Past Agricultural Biotechnology Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Agricultural Biotechnology market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Agricultural BiotechnologyProduct Types In-Depth: Genome editing tools, Deoxyribonucleic acid (DNA) sequencing, Ribonucleic acid interference (RNAi), Synthetic biology, Biochips
Agricultural Biotechnology Major Applications/End users: Transgenic Crops/Seeds, Bio-pesticides, Others
Agricultural Biotechnology Major Geographical First Level Segmentation:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Buy Now Latest Edition of Agricultural Biotechnology Market Report @ https://www.htfmarketintelligence.com/buy-now?format=3&report=226
Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Thanks for reading this article, buy an individual chapter if not interested in a full study or avail of regional or limited scope reports like America or West Europe, or East Asia & Pacific or Country Specific reports like Japan, China, United States, and the United Kingdom, etc.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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