Global Agricultural Biotechnology Market Report To Observer Significant Development - Industry Opportunities 2016 – 2030

Agricultural biotechnology, a branch of biotechnology, involves the use of scientific tools and techniques to modify plants, animals, and microorganisms. Its primary goal is to enhance the agricultural productivity, nutritional value, and environmental sustainability of crops. Over the past few decades, this sector has grown significantly, driven by the increasing demand for food, the need to address agricultural challenges, and advancements in genetic engineering technologies. The global agricultural biotechnology market is poised for substantial growth, characterized by key trends and future prospects that promise to reshape the agricultural landscape.

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Market Growth Drivers

1. Rising Global Food Demand: With the world population projected to reach 9.7 billion by 2050, the demand for food is expected to increase significantly. Agricultural biotechnology offers solutions to enhance crop yields and food production, making it a crucial component in meeting this demand.

2. Climate Change and Environmental Concerns: Climate change poses significant threats to agriculture, including unpredictable weather patterns, pests, and diseases. Biotechnology provides tools for developing crop varieties that are more resilient to these stresses, thereby ensuring food security.

3. Technological Advancements: Innovations in genetic engineering, CRISPR technology, and synthetic biology have revolutionized agricultural biotechnology. These advancements enable precise and efficient modifications of crops, improving their resistance to pests, diseases, and environmental conditions.

4. Government Support and Policies: Many governments worldwide are recognizing the potential of agricultural biotechnology to boost food security and agricultural sustainability. Supportive policies, funding for research and development, and regulatory frameworks are fostering the growth of this market.

Key Trends in the Market

1. Genetically Modified (GM) Crops: GM crops dominate the agricultural biotechnology market. They are engineered to possess desirable traits such as herbicide tolerance, pest resistance, and improved nutritional content. Major GM crops include soybeans, corn, cotton, and canola.

2. Genome Editing: Techniques like CRISPR-Cas9 have emerged as powerful tools for genome editing. They allow precise alterations in the DNA of crops, leading to the development of new varieties with enhanced traits. Genome editing is becoming increasingly popular due to its accuracy and efficiency.

3. Biopesticides and Biofertilizers: The market is witnessing a shift towards sustainable agricultural practices, with biopesticides and biofertilizers gaining traction. These products are derived from natural materials and microorganisms, offering environmentally friendly alternatives to chemical pesticides and fertilizers.

4. Microbial-Based Solutions: Microbial biotechnology involves the use of beneficial microorganisms to enhance crop productivity and soil health. Products like microbial inoculants and bio-stimulants are becoming popular for their role in promoting plant growth and resilience.

Future Prospects

The future of the global agricultural biotechnology market looks promising, with several factors contributing to its potential growth:

1. Innovative Research and Development: Continued investments in research and development will drive innovation in agricultural biotechnology. The focus will be on developing crops with enhanced nutritional value, better resistance to environmental stresses, and reduced reliance on chemical inputs.

2. Expansion in Emerging Markets: Developing countries, particularly in Asia and Africa, are expected to be significant contributors to market growth. These regions are adopting biotechnology to address food security challenges and improve agricultural productivity.

3. Integration of Digital Technologies: The integration of digital technologies, such as artificial intelligence and big data analytics, with agricultural biotechnology will optimize crop management practices. Precision agriculture, enabled by these technologies, will enhance the efficiency and sustainability of farming.

4. Consumer Acceptance and Regulatory Landscape: Consumer acceptance and a favorable regulatory environment will play crucial roles in shaping the market. Transparency in the benefits and safety of biotechnology products will be essential to gain public trust.

key Players:

• KWS SAAT SE & Co. KGaA (Germany),
• Dow (U.S.),
• Bayer AG (Germany),
• BASF SE (Germany),
• Thermo Fisher Scientific (U.S.),
• Sumitomo Chemical Co., Ltd (Japan),
• MITSUI & CO., LTD. (Japan),
• Novozymes (Denmark),
• Yield10 Bioscience Inc (U.S.),
• Kemin Industries Inc. (U.S.),
• Valent Biosciences (U.S.),
• Corteva (U.S.),
• DSM (Netherland),
• ADAMA (Israel),
• Cargill, Incorporated (U.S.),
• Nufarm Canada (Canada),
• DuPont. (U.S.),
• Eurofins (Luxembourg)

Global Agricultural Biotechnology Market – By Crop Type

• Cereals & Grains

• Fruits & Vegetables

• Macroindicators

• Oilseeds & Pulses

Global Agricultural Biotechnology Market – By Type

• Animals

• Microbes

• Plants

Global Agricultural Biotechnology Market – By Product Type

• Macrobials

• Microbials

• Natural Products

• Semichemical

Global Agricultural Biotechnology Market – By Function

• Crop Enhancement

• Crop Protection

Global Agricultural Biotechnology Market – By Techniques

• Conventional Techniques

• Established Genetic Modification

• New Breeding Techniques

Global Agricultural Biotechnology Market – By Mode of Application

• Foliar Spray

• Seed Treatment

• Soil Treatment

Global Agricultural Biotechnology Market – By Application

• Antibiotic Development

• Biofuels

• Flower Culturing

• Nutritional Supplements

• Transgenic Crops & Animals

• Vaccine Development

Global Agricultural Biotechnology Market – By Region

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Spain

  • Rest of Europe

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • South-east Asia

  • Rest of Asia Pacific

• Latin America

  • Brazil

  • Mexico

  • Rest of Latin America

• Middle East & Africa

  • GCC Countries

  • South Africa

  • Rest of the Middle East and Africa

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