"Global Agricultural Biotechnology Market – Industry Trends and Forecast to 2031

Global Agricultural Biotechnology Market, By Product Type (Crop protection products, Transgenic Seeds, Synthetic Biology-Enables Products), Trait Type (Stacked, Herbicide-tolerant, Insect-resistant, Desirable and Virus-resistant), Organisms (Plants, Animals, Microbes), Application (Vaccine Development, Transgenic Crops and Animals, Antibiotic Development, Nutritional Supplements, Flower Culturing, Biofuels), Technology (Genome Editing, Synthetic Biology, Genetic Engineering, Marker-assisted Breeding, Plant Breeding, Germplasm, Other Technologies) – Industry Trends and Forecast to 2031.

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The global agricultural biotechnology market size was valued at USD 151.06 billion in 2023 and is projected to reach USD 346.61 billion by 2031, with a CAGR of 10.94% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

**Segments**

- **Type:** The agricultural biotechnology market can be segmented into transgenic crops, synthetic biology-enabled products, and biopesticides/biofertilizers. Transgenic crops involve genetic modification for enhanced traits such as resistance to pests or improved yield. Synthetic biology-enabled products encompass the development of new tools and methods for agricultural applications. Biopesticides and biofertilizers offer environmentally friendly alternatives to traditional chemical products.

- **Application:** The market can also be segmented based on application areas, including crop improvement, environmental science, and animal biotechnology. Crop improvement involves genetic modifications to enhance characteristics like drought tolerance or nutritional content. Environmental science focuses on biotechnological solutions for sustainable agriculture and conservation. Animal biotechnology includes applications in livestock for improved breeding and disease resistance.

- **Region:** Geographically, the agricultural biotechnology market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market dynamics, regulatory environment, and adoption rate of biotechnological solutions vary across these regions, influencing growth opportunities and market trends.

**Market Players**

- **Monsanto Company:** A leading player in the agricultural biotechnology market, Monsanto specializes in transgenic crop development and biotechnology solutions for crop protection. The company's innovations have significantly impacted global agriculture, with products like genetically modified seeds and herbicides.

- **Syngenta Group:** Syngenta is another major player in the agricultural biotechnology sector, focusing on crop protection, seeds, and trait development. The company's research and development efforts aim to address food security challenges through biotechnological advancements.

- **Bayer AG:** Bayer is actively involved in agricultural biotechnology, offering a range of products for crop improvement and pest management. The company's portfolio includes genetically modified seeds, biopesticides, and digital farming solutions to optimize agricultural practices.

- **DuPont de Nemours, Inc.:** DuPont is a key player in the agricultural biotechnology market, known for itsMonsanto Company has been a pioneering force in the agricultural biotechnology market for several years, with a strong focus on developing transgenic crops and innovative biotechnology solutions for crop protection. The company has continuously introduced genetically modified seeds and herbicides that have revolutionized agricultural practices across the globe. Monsanto's commitment to research and development has resulted in the creation of products that offer enhanced resistance to pests, diseases, and adverse environmental conditions, ultimately leading to improved yields and productivity for farmers.

Syngenta Group is also a significant player in the agricultural biotechnology sector, concentrating on crop protection, seeds, and trait development. The company's emphasis on addressing food security challenges through biotechnological advancements has positioned it as a key contributor to sustainable agriculture practices. Syngenta's research and development initiatives have led to the introduction of cutting-edge solutions that enhance crop resilience, improve nutritional content, and promote environmental sustainability in farming operations.

Bayer AG has established itself as a prominent player in agricultural biotechnology by offering a diverse range of products designed to enhance crop improvement and pest management. The company's portfolio includes genetically modified seeds, biopesticides, and digital farming solutions that leverage technology to optimize agricultural practices and increase efficiency. Bayer's commitment to innovation and sustainability has positioned it as a leading provider of biotechnological solutions that address the evolving needs of the agriculture industry while promoting responsible environmental stewardship.

DuPont de Nemours, Inc. is another key player in the agricultural biotechnology market, renowned for its contributions to crop genetics, seed technology, and sustainable agriculture practices. The company's innovative research and development efforts have resulted in the creation of advanced biotechnological solutions that enhance crop productivity, improve resilience to environmental stressors, and promote the overall health and sustainability of agricultural ecosystems. DuPont's diversified portfolio of products and services caters to the evolving demands of the agricultural sector, focusing on delivering sustainable and environmentally friendly solutions that drive growth and profitability for farmers and stakeholders in the industry.

Collectively, these market players**Market Overview**

Global Agricultural Biotechnology Market is experiencing significant growth due to the increasing demand for sustainable farming practices, rising food security concerns, and the need for improved crop yields amidst changing climatic conditions. The market is segmented by product type into crop protection products, transgenic seeds, and synthetic biology-enabled products. Crop protection products account for a substantial share, driven by the adoption of biopesticides and biofertilizers as environmentally friendly alternatives to traditional chemical products. Transgenic seeds are witnessing high demand due to their enhanced traits like resistance to pests and improved yield, while synthetic biology-enabled products are gaining traction for their innovative tools and methods for agricultural applications.

**Market Dynamics**

The agricultural biotechnology market is influenced by factors such as technological advancements, regulatory landscape, consumer preferences towards sustainable agriculture, and the increasing focus on precision farming practices. The growing awareness about the benefits of genetically modified crops in enhancing productivity and reducing environmental impact is driving market growth. However, concerns regarding the safety and environmental impact of biotechnological solutions pose challenges to market expansion. Nonetheless, continuous research and development efforts by key market players are leading to the introduction of novel biotechnological solutions to address these concerns and drive market growth.

**Market Trends**

Industry trends in the agricultural biotechnology market include the increasing adoption of genome editing technologies for crop improvement, the development of trait-specific transgenic crops, and the integration of digital farming solutions for precision agriculture. Market players are focusing on expanding their product portfolios with innovative biotechnological solutions

 

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Agricultural Biotechnology Market

Chapter 3: Regional analysis of the Global Agricultural Biotechnology Market industry

Chapter 4: Agricultural Biotechnology Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Agricultural Biotechnology Market report:

• Detailed considerate of Agricultural Biotechnology Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
• Comprehensive valuation of all prospects and threat in the
• In depth study of industry strategies for growth of the Agricultural Biotechnology Market-leading players.
• Agricultural Biotechnology Market latest innovations and major procedures.
• Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
• Conclusive study about the growth conspiracy of Agricultural Biotechnology Market for forthcoming years.

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