2025 AgroScience Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the AgroScience Market Size By 2025?
In recent times, there has been a robust increase in the size of the agroscience market. It is projected to escalate from $242.52 billion in 2024 to $256.72 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. The notable growth observed during the historic period is linked to factors such as population expansion, climate shifts, environmental issues, and the impact of globalization and trade.

How Big Is the AgroScience Market Size Expected to Grow by 2029?
The agroscience industry is projected to experience robust growth in the coming years, with its market size anticipated to reach $329.55 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.4%. This expansion in the anticipated period is largely due to factors such as an emphasis on health and wellness by consumers, pressure from diseases and pests, concerns over food security, and demographic changes. The forecast period will also see key trends such as increased investment and funding, the rise of digital and precision agriculture, advancements in biotechnology, adoption of climate-smart and vertical farming alongside controlled environment agriculture, utilization of smart machinery and robotics, and the incorporation of artificial intelligence and machine learning.

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Which Key Market Drivers Powering AgroScience Market Expansion and Growth?
The surge in sustainable farming practices is anticipated to fuel the agroscience market expansion. A global shift towards eco-friendly farming methods is evident among agricultural societies to conserve and rejuvenate crucial habitats, safeguard watersheds, and enhance soil health and water purity. For instance, the Department for Environment, Food and Rural Affairs, a government department in the UK, recorded in June 2024 that 133 thousand hectares of farmland, or 2.2% of tillable land, were allocated for bioenergy crop production in 2023, with 36% specifically for biofuel to service the road transport market. Furthermore, the production of 153 million liters of biofuel was achieved from crops grown in the UK, and in 2022, 6.7 million metric tons of oil equivalent of plant biomass was utilized to generate electricity and heat. Consequently, this increase in sustainable farming practices is spurring the agroscience market's growth.

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Which Fast-Growing Trends Are Poised to Disrupt the AgroScience Market?
A significant trend emerging in the agroscience market is strategic collaborations and partnerships. Dominant players in the market are extending their research and development endeavors via strategic alliances and collaborations with associated market players. For example, in August 2022, BASF SE, a chemical company based in Germany, declared a partnership with Corteva Agriscience, an agricultural chemical and seed company based in the US. The motive of this alliance is to formulate innovative soybean weed control solutions by intertwining soybean traits and supplementary herbicides, hence offering farmers improved and adaptable weed management selections. The partnership also envisions addressing troublesome weeds, broadening herbicide-resistant soybean alternatives, and acquiring a segment of the international soybean seeds and herbicide markets. The initial product introductions are anticipated in the early 2030s.

What Are the Emerging Segments in the AgroScience Market?
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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the AgroScience Industry?
North America was the largest region in the agroscience market in 2024.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

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