
Report ID: SQMIG20L2053
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Agricultural Biotechnology Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Agricultural Biotechnology industry players.
Agricultural biotechnology companies should invest heavily in the research and development of novel technologies and products to stand out from the competition. Market players can also take advantage of supportive government initiatives and funding to maximize their business scope in the future. Creating affordable agricultural biotechnology solutions for developing countries will be a major trend for agricultural biotechnology providers across the study period.
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Agricultural Biotechnology Market size was valued at USD 116 Billion in 2023 and is poised to grow from USD 126.21 Billion in 2024 to USD 247.81 Billion by 2032, growing at a CAGR of 8.8% during the forecast period (2025-2032).
Agricultural biotechnology companies should invest heavily in the research and development of novel technologies and products to stand out from the competition. Market players can also take advantage of supportive government initiatives and funding to maximize their business scope in the future. Creating affordable agricultural biotechnology solutions for developing countries will be a major trend for agricultural biotechnology providers across the study period. 'Arcadia Biosciences ', 'Thermo Fisher Scientific ', 'Marrone Bio Innovations ', 'ADAMA Ltd. ', 'Nufarm ', 'Evogene Ltd. ', 'Performance Plants Inc. ', 'Limagrain ', 'MITSUI & CO. Ltd. ', 'ChemChina ', 'Bayer AG ', 'Corteva ', 'Valent BioSciences LLC ', 'KWS SAAT SE & Co. KGaA ', 'Biocentury Transgene Co., Ltd ', 'Vilmorin & Cie ', 'Eurofins Scientific ', 'LGC Biosearch Technologies ', 'Yield10 Bioscience, Inc. '
The world has witnessed a robust hike in population as life expectancy and birth rates keep rising across multiple countries. This rapidly increasing population is also driving up the demand for food products thereby creating new opportunities for agricultural biotechnology companies in the future.
Adoption of Precision Agriculture Practices: Emphasis on improving agricultural yield and output is rising rapidly around the world and this trend is projected to create new opportunities for agricultural biotechnology companies in the future. Integrating novel agricultural biotechnology with already popular sustainable and precision agriculture practices to improve awareness and adoption in the long run.
North America is estimated to account for a dominant share of the global agricultural biotechnology market. The presence of key agricultural biotechnology providers and supportive government funding for biotechnology research are expected to help this region maintain its dominant stance in the future. The United States is projected to lead the demand for agricultural biotechnology in this region through 2031. High cultivation of multiple crops in this region and growing emphasis on improving animal health are also expected to create new opportunities for agricultural biotechnology companies looking to make a mark in this region.
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Report ID: SQMIG20L2053
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