Plant Incorporated Protectants Market Size, Share, Outlook, Industry Analysis, and Prospect 2024-2031 | Pro Farm Group Inc., Bayer AG, Syngenta

DataM Intelligence has released a new research report on the Plant Incorporated Protectants market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

Global Plant Incorporated Protectants market reached US$ 212.89 million in 2023 and is expected to reach US$ 336.25 billion by 2031, growing with a CAGR of 5.88% during the forecast period 2024-2031.

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The plant incorporated protectants (PIPs) market refers to the sector involving genetically modified plants engineered to produce proteins that protect them from pests and diseases, thereby reducing the need for chemical pesticides. These protectants are essential in sustainable agriculture, as they help improve crop yields, enhance plant resistance, and minimize environmental impact. The PIPs market plays a vital role in modern farming practices, contributing to food security and sustainable agricultural development.

List of the Key Players in the Plant Incorporated Protectants Market:

Pro Farm Group Inc., Bayer AG, Syngenta, Corteva., Certis USA L.L.C., Valent BioSciences, FMC Corporation, Novozymes, Nufarm US, and American group Gowan LLC.

Key Developments:

In April 2021, Corteva Agriscience LLC and Ginkgo Bioworks, Inc. initiated a collaboration aimed at developing innovative crop protection technologies. This partnership leverages Corteva's expertise in natural product discovery and agricultural solutions with Ginkgo's advanced cell engineering platform and DNA codebase. Together, they aim to create sustainable solutions inspired by nature, addressing challenges such as invasive pests and resistance issues faced by farmers.

In January 2022, Syngenta Crop Protection AG acquired two next-generation bioinsecticides, NemaTrident and UniSpore, from Bionema Limited, a prominent biocontrol technology developer. These bioinsecticides are designed to combat a wide range of insects and pests across various sectors including horticulture, ornamentals, turf amenity, and forestry. This acquisition expands Syngenta's offerings, providing customers with additional tools to manage pest challenges effectively.

In May 2024, Biobest acquired Bio Works, Inc., marking a strategic move to accelerate its expansion into the biopesticides market. This acquisition strengthens Biobest Group's position in offering sustainable pest management solutions through bio-based products.

Research Process:

Both primary and secondary data sources have been used in the global Plant Incorporated Protectants 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.

Segment Covered in the Plant Incorporated Protectants Market:

By Types: Insect Resistant, Herbicides Tolerant Resistant, Virus Resistant, Bacteria Resistant, Others.

By Crop Type: Corn, Soybeans, Cotton, Potatoes, Plums, Others.

By Technology: Genetic engineering, RNA interference, Others.

By End-user: Small-scale farms, Large-scale farms, Horticulture, Others.

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**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:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Plant Incorporated Protectants market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Plant Incorporated Protectants Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Plant Incorporated Protectants market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Plant Incorporated Protectants Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Plant Incorporated Protectants market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Plant Incorporated Protectants market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Plant Incorporated Protectants market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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