Agricultural Biotechnology Global Market Report 2025: Surging at 9.7% CAGR to Reach $49.18 Billion

Key Catalysts Include Growing Food Demand, Advancements in Genetic Engineering, and Demand for Sustainable Practices

What Is The Projected Market Size of the Global Agricultural Biotechnology Market and Its Growth Rate?
The global agricultural biotechnology market showcases a promising picture:
• Current market size is around $44.82 billion (as of 2024).
• The market size is projected to reach $49.18 billion in 2025 with a compound annual growth rate (CAGR) of 9.7%.
• This robust growth can be attributed to factors such as increased population and food demand, crop resistance to pests and diseases, enhanced crop characteristics, and advancements in genetic engineering.
• Looking forward, the market is forecast to hit $72.27 billion by 2029 at a CAGR of 10.1%, influenced by precision agriculture, climate change adaptation, consumer demand for sustainable practices, and developments in emerging markets.

What Is Driving The Growth in The Agricultural Biotechnology Global Market Report 2025?
The primary driver behind the substantial growth of the agricultural biotechnology market is the increased food demand, a result of rising population, urbanization, and changing dietary preferences. Agricultural biotechnology enhances food demand by improving crop productivity and quality, and by boosting resilience to environmental stresses. For instance, reports from the U.S. Bureau of Labor Statistics indicate a 12.7% increase in average household spending on food from 2021 to 2022, driven by a 20.1% surge in spending on meals away from home and an 8.4% increase in spending on food at home. Therefore, this augmented food demand is expected to continue propelling the growth of the agricultural biotechnology market.

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Who Are the Key Players Driving Agricultural Biotechnology Market Growth?
The major organizations influencing the pace of the agricultural biotechnology market include:

• BASF SE
• Dow AgroSciences Inc.
• Bayer AG
• Syngenta AG
• Monsanto Company
• DuPont de Nemours Inc.
• Novozymes A/S
• Certis USA
• Vilmorin & Cie SA
• KWS SAAT SE
• Indigo Agriculture Inc.
• Bioceres Crop Solutions Corp.
• Ginkgo Bioworks Holdings Inc.
• AgBiome Inc.
• Pairwise Plants Services Inc.
• Marrone Bio Innovations Inc.
• Agrivida Inc.
• Intrexon Corporation
• Phytelligence Inc.
• Cibus Global Ltd.
• Arcadia Biosciences Inc.
• ZeaKal Inc.
• NewLeaf Symbiotics Inc.
• Evogene Ltd.
• GreenLight Biosciences Inc.

What Are The Key Trends In The Agricultural Biotechnology Global Market Report 2025?
Significant trends shaping the future of the agricultural biotechnology market include:

• Enhanced focus on collaborations and partnerships.
• Increased investment in technological innovations.
• Emphasis on biosecurity and pandemic preparedness.
• Dominance of gene editing technologies.
• Integration of digital agriculture.

What Are The Segments of the Global Agricultural Biotechnology Market Report 2025?
The agricultural biotechnology market encompasses the following key segments:

1. By Organism Type: Plants, Animals, Microbes
2. By Technology: Genetic Engineering, Tissue Culture, Embryo Rescue, Somatic Hybridization, Molecular Diagnostics, Vaccines, Other Technologies
3. By Application: Vaccine Development, Transgenic Crop and Animals, Antibiotic Development, Nutritional Supplements, Flower Culturing, Biofuels

Which Region Leads The Agricultural Biotechnology Global Market Report 2025?
In 2024, North America emerged as the largest market for agricultural biotechnology. However, during the forecast period, Asia-Pacific is expected to register the fastest growth. The regions covered in the report extend across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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What Is Covered In The Agricultural Biotechnology Global Market Report 2025 Global Market Report?

- Market Size Analysis: Analyze the Agricultural Biotechnology Global Market Report 2025 size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Agricultural Biotechnology Global Market Report 2025 for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Agricultural Biotechnology Global Market Report 2025 growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Agricultural Biotechnology Global Market Report 2025.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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