AgroScience Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

How Are the key drivers contributing to the expansion of the agroscience market?
The agroscience market is poised for growth due to the increasing adoption of sustainable farming methods. As a global trend, farming communities are adopting sustainable agricultural practices that conserve and rejuvenate vital habitats, safeguard watersheds, and enhance soil fertility and water purity. For example, Department for Environment, Food and Rural Affairs, a government department in the UK, reported in June 24 that 133 thousand hectares of farmland, accounting for 2.2% of arable land in the UK, were used for growing bioenergy crops in 23, and 36% of this was allocated for biofuel production aimed at the road transport market. The department also reported that UK crop farms produced 153 million liters of biofuel and used 6.7 million metric tons of equivalent oil from plant biomass for generating electricity and heat in 22. This increased inclination towards sustainable farming methods is fuelling the expansion of the agroscience market.

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What growth opportunities are expected to drive the agroscience market's CAGR through 2034?
In recent times, the agroscience market has seen robust growth. The market worth, which stands at $242.52 billion in 24, is expected to escalate to $256.72 billion in 25, experiencing a compound annual growth rate (CAGR) of 5.9%. Factors such as population growth, climate change, environmental issues, globalization, and trade have significantly contributed to the growth during the historic period.

It is anticipated that the agroscience market will experience robust expansion in the upcoming years. The market size is projected to reach $329.55 billion in 29, with a compound annual growth rate (CAGR) of 6.4%. Elements contributing to the growth during this period include considerations of consumer health and wellness, pressure from diseases and pests, issues of food security, and demographic changes. Significant trends anticipated during this prediction period are funding and investment, precision farming and digital agriculture, advances in biotechnology, climate-conscious agriculture, vertical farming and controlled environment agriculture, along with smart machinery and robotics, artificial intelligence and machine learning.

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What are the emerging trends shaping the future of the agroscience market?
The trend of forming strategic partnerships and collaborations has become progressively popular in the agroscience market. Expansion of research and development operations among market leaders is being achieved through forming relevant strategic alliances and partnerships. For instance, a noteworthy partnership was announced in August 22, between BASF SE, a chemical company based in Germany, and Corteva Agriscience, a US-based company specializing in agricultural chemicals and seeds. The partnership was formed with the goal of creating innovative solutions for weed control in soybeans, through cross-licensing of soybean traits and complementary herbicides, which would offer farmers more options for effective weed management. The partnership aims to tackle challenging weeds, widen herbicide-tolerant soybean choices, and seize a portion of the worldwide market for soybean seeds and herbicides. The first batch of products born from this collaboration is anticipated to launch in the early 2030s.

Which growth-oriented segments of the agroscience market are leading the industry's development?
The agroscience market covered in this report is segmented -

1) By Product: Biopesticides, Biostimulants, GM Seeds
2) By Active Ingredient: Acid-based biostimulants, Extract-based biostimulants
3) By Application: Crops, Food And Vegetable

Subsegments:
1) By Biopesticides: Microbial Pesticides, Biochemical Pesticides, Plant-Incorporated Protectants (PIPs)
2) By Biostimulants: Humic Substances, Seaweed Extracts, Amino Acids, Beneficial Bacteria And Fungi
3) By GM Seeds: Herbicide-Tolerant Seeds, Insect-Resistant Seeds, Drought-Resistant Seeds, Other Trait-Enhanced Seeds

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What regions are leading the charge in the agroscience market?
North America was the largest region in the agroscience market in 24.North America is expected to be the largest market in agroscience market. The regions covered in the agroscience market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the agroscience market?
Major companies operating in the agroscience market include Agrinos Inc., Nutrien Inc., Arysta LifeScience Corporation (United Phosphorus Ltd. ), BASF SE, Corteva Agriscience Inc., Novozymes A/S, BioWorks Inc., Dow AgroSciences LLC, E. I. du Pont de Nemours and Company, Biostadt India Limited, Koppert Biological Systems B. V., Nufarm Limited, Valent BioSciences Corporation, Valagro S. p. A., AgBiTech Pty Ltd, SRT Agro Science Pvt. Ltd., GNP AGROSCIENCES PVT. LTD., Himalaya Agro Science Industries, Green Earth Agro Science, Sigma Agriscience LLC, Eurofins Scientific SE, Bayer AG, Syngenta Group, Deere & Company, Monsanto Company, Trimble Inc., Yara International ASA, Topcon Corporation, AGCO Corporation, Kubota Corporation, FMC Corporation, The Mosaic Company, Valmont Industries Inc., Zoetis Inc., Marrone Bio Innovations Inc., Indigo Agriculture Inc., TerrAvion Inc., Taranis-Visual Ltd., Granular LLC, Resson Aerospace Corporation, Ag Leader Technology Inc., Farmers Edge Inc., Iteris Inc., Agribotix LLC, SlantRange Inc., The Climate Corporation, Sentera LLC

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What Is Covered In The AgroScience Global Market Report?

•Market Size Forecast: Examine the agroscience market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the agroscience market for a structured understanding.
•Key Players Overview: Analyze major players in the agroscience market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the agroscience market.
•Segment Contributions: Evaluate how different segments drive overall growth in the agroscience market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the agroscience market.
•Industry Challenges: Identify potential risks and obstacles affecting the agroscience market.
•Competitive Landscape: Review strategic developments in the agroscience market, including expansions, agreements, and new product launches.

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