Agriculture Biotech Market Trends, Revenue, Key Suppliers, and Demand, and Forecast till 2031 - MITSUI & CO., LTD, JU Agri Sciences Pvt. Ltd. and Bayer AG.

Global Agriculture Biotech Market reached US$ 103.2 billion in 2023 and is expected to reach US$ 213.3 billion by 2031, growing with a CAGR of 9.5% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Agriculture Biotech Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Agricultural biotechnology, often referred to as agritech, involves the use of scientific tools and techniques to modify living organisms, particularly plants and animals, to enhance agricultural productivity and sustainability. This field encompasses a range of practices, including genetic engineering, molecular markers, tissue culture, and bioinformatics, aimed at developing crops that are more resistant to pests, diseases, and environmental stresses, as well as improving nutritional quality and yield. By integrating biotechnology into agriculture, farmers can achieve higher efficiency in resource use, reduce the reliance on chemical pesticides and fertilizers, and address global challenges such as food security and climate change. The advancements in agricultural biotechnology have the potential to revolutionize farming practices and contribute to more sustainable food systems worldwide.

Key Developments:

➤ In April 2024, BIOR Biotech announced its plans to introduce an innovative technology called BIOR, which enables farmers to cultivate soil microorganisms crucial for plant growth and soil health continuously. This groundbreaking system automates the production of biofertilizers directly on farms, significantly reducing operational costs while enhancing efficiency. The AI-powered machine monitors and regulates over 15 essential process parameters during operation, ensuring the production of high-quality biofertilizers.

➤ In December 2023, the Department of Biotechnology, along with the Biotechnology Industry Research Assistance Council, unveiled 14 new biotech-based products developed by startups and entrepreneurs across multiple sectors, including healthcare, diagnostics, medical devices, agriculture, and industrial biotechnology.

Research Process:

Both primary and secondary data sources have been used in the global Agriculture Biotech Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Agriculture Biotech Market:

Agriland Biotech Limited, Future Biotech, SYMBORG CORPORATE, SL, Peptech Biosciences Ltd., Anmol Biotech Private Limited, Futureco Bioscience, BASF SE, MITSUI & CO., LTD., JU Agri Sciences Pvt. Ltd. and Bayer AG.

Segment Covered in the Agriculture Biotech Market:

By Trait: Stacked, Herbicide-Tolerant, Insect-Resistant, Desirable and Virus-Resistant.

By Organism: Plants, Animals, Microbes.

By Type: Hybrid Seeds, Transgenic Crops, Bio-Pesticides, Bio-Fertilizers.

By Technology: Genetic Engineering, Tissue Culture, Embryo Rescue, Somatic Hybridization, Molecular Diagnostics, Vaccine, Others.

By Application: Vaccine Development, Transgenic Crops & Animals, Antibiotic Development, Nutritional Supplements, Biofuels, Others.

Regional Analysis:

The global Agriculture Biotech Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Agriculture Biotech Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Agriculture Biotech Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Agriculture Biotech manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Agriculture Biotech in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Agriculture Biotech Market?

A) Global Agriculture Biotech Market reached US$ 103.2 billion in 2023 and is expected to reach US$ 213.3 billion by 2031, growing with a CAGR of 9.5% during the forecast period 2024-2031.

Q2) Who are the key players of Agriculture Biotech Market?

A) Agriland Biotech Limited, Future Biotech, SYMBORG CORPORATE, SL, Peptech Biosciences Ltd., Anmol Biotech Private Limited, Futureco Bioscience, BASF SE, MITSUI & CO., LTD., JU Agri Sciences Pvt. Ltd. and Bayer AG.

Q3) What are the regions covered in this report?

A) The global Agriculture Biotech Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The Agriculture Biotech market is segmented as Trait, Organism, Type, Technology, Application and Region.

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