Steady Expansion Forecast for AgroScience Market, Projected to Reach $320.22 Billion by 2029

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AgroScience Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, there has been a substantial growth in the size of the agroscience market. The market value, which is set to increase from $242.52 billion in 2024 to $255.12 billion in 2025, will witness a compound annual growth rate (CAGR) of 5.2%. The primary factors driving this growth during the historic period included an increase in population, changes in climate, environmental concerns, and aspects of globalization and trade.

AgroScience Market Size Forecast: What's the Projected Valuation by 2029?
The market size of agroscience is projected to undergo robust expansion in the coming years. It's anticipated to amplify to $320.22 billion by 2029, boasting a compound annual growth rate (CAGR) of 5.8%. The upswing predicted within this period is attributed to aspects such as the wellness and health trends among consumers, the pressure of disease and pests, concerns surrounding food security and demographic alterations. Predominant trends within this forecast span encompass aspects such as investment and funding, precision farming and digital agriculture, advancements in biotechnology, adoption of climate-smart agriculture, control and vertical farming, utilization of smart machinery and robotics, as well as the application of AI and machine learning.

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What Are the Drivers Transforming the AgroScience Market?
The agroscience market is set to benefit from the increasing embracement of sustainable farming practices. Globally, farming communities are beginning to prioritize sustainable agriculture as a means to conserve and rejuvenate crucial ecosystems, safeguard watersheds, and enhance soil properties and water purity. For instance, Department for Environment, Food and Rural Affairs' records from June 2024 revealed that in the UK, 133 thousand hectares of farming land, equivalent to 2.2% of arable land, were allocated for the cultivation of bioenergy crops in 2023, with 36% specifically for the production of biofuels for vehicular use. In addition to this, UK-grown crops yielded 153 million liters of biofuel, while 6.7 million metric tons of oil equivalent of plant biomass were utilized for electricity and heat generation in 2022. Consequently, this surge in sustainable farming practices is fueling the agroscience market's expansion.

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What Long-Term Trends Will Define the Future of the AgroScience Market?
The agroscience market is increasingly seeing a trend of strategic alliances and cooperations. Market leaders are broadening their R&D operations via calculated partnerships with other significant entities in the market. For example, BASF SE, a chemical firm based in Germany, divulged a partnership with Corteva Agriscience, an American agricultural chemical and seed establishment in August 2022. They joined forces to create pioneering solutions for soybean weed control, encompassing the cross-licensing of soybean traits and allied herbicides which would extend more versatile and efficient weed management alternatives to farmers. The aim of this partnership is to contend with difficult weeds, broaden tolerant herbicide soybean solutions and gain a foothold in the worldwide market for soybean seeds and herbicides. The first products from this partnership are scheduled to launch in the beginning of the 2030s.

Which Segments in the AgroScience Market Offer the Most Profit Potential?
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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Which Firms Dominate the AgroScience Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential in the AgroScience Market?
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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