Agricultural Biotechnology Market size was valued at USD 50 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD 100 Billion by 2033.
In 2022, the global agricultural biotechnology market was valued at approximately USD 32.1 billion, with North America leading by accounting for over USD 17.7 billion of this total. The United States played a significant role, with genetically engineered crops such as corn, upland cotton, and soybeans constituting more than 90% of production. Europe also held a substantial market share, with Germany at the forefront. The European Unions major crops, including wheat, rapeseed, and soybeans, have driven the adoption of biotechnology techniques. In the Asia Pacific region, China dominated the market, followed by India and Japan, reflecting a growing emphasis on biotechnology to enhance agricultural productivity. Looking ahead, the global agricultural biotechnology market is projected to reach USD 77.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2032. North America is expected to maintain its leading position, with a forecasted CAGR of 10.45% during this period. The Asia Pacific region is anticipated to experience significant growth, with countries like China and India investing heavily in biotechnology research and development to ensure food security and sustainable agriculture. Europes market is also expected to expand, driven by the increasing demand for sustainable farming practices and biotechnological innovations. These trends indicate a robust expansion of agricultural biotechnology across various regions, presenting numerous opportunities for advancements in crop yield, pest resistance, and environmental sustainability.
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Syngenta
DuPont
Monsanto
ADAMA Agricultural Solutions
BASF
Bayer CropScience
Certis USA
Dow AgroSciences
Mycogen Seed
Performance Plants
KWS SAAT
Evogene
Rubicon
Vilmorin
Global Bio-chem Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Agricultural Biotechnology Market
Genetically Modified Organisms (GMOs)
Plant Breeding Techniques
Precision Agriculture Tools
Biofortification
Seed Technology Innovations
Genetic Modification of Livestock
Animal Health and Vaccines
Cloning and Reproductive Technologies
Biopharmaceutical Production in Animals
Feed and Nutrition Biotechnology
Biofertilizers
Pest Management Microbes
Soil Health Enhancers
Microbial Production of Biopesticides
Waste Management Solutions
Natural Pest Control Solutions
Biological Weed Management
Microbial Biopesticides
Plant Extract-Based Pesticides
Insect Growth Regulators
Genome Sequencing Techniques
Marker-Assisted Selection
Genomic Selection in Crops and Livestock
Compound Genomics for Improved Traits
Bioinformatics Tools in Agriculture
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Agricultural Biotechnology Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Agricultural Biotechnology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Agricultural Biotechnology Market, By Type
6. Global Agricultural Biotechnology Market, By Application
7. Global Agricultural Biotechnology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Agricultural Biotechnology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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