Saturday, 24 August 2019 08:59 GMT
img

Global Agricultural Biotechnology Market Worth Reach USD 67.01 Billion By 2025




(MENAFN - Zion Market Research) Zion Market Research has published a new report titled 'Agricultural Biotechnology Market by Type (Molecular Diagnostics, Molecular Markers, Tissue Culture, Vaccines, Genetic Engineering, and Others) and by Application (Transgenic Crops, Synthetic Biology-Enables Products, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025. According to the report, the global  agricultural biotechnology marketwas approximately USD 32.89 billion in 2018 and is expected to generate around USD 67.01 billion by 2025, at a CAGR of around 10.7% between 2019 and 2025.

Agricultural biotechnology is a branch of agriculture in which scientific techniques and tools that are used to modify plants for better yield. Agricultural biotechnology is also known as agritech, where plant DNAs are generally modified using different techniques. The use of agricultural biotechnology benefits the farmers as well as for the environment. Some factors fuelling the growth of the agricultural biotechnology market are growing population size, rising demand for biofuels, supportive regulations by the government of various countries, increasing demand for transgenic plants, rapidly changing environmental conditions that drive the demand for transgenic crops, and escalating per capita income. However, growing concerns about the genetically modified plants may limit this global market.


Request Sample
Request Customization
Buy Now

Browse the full 'Agricultural Biotechnology Market by Type (Molecular Diagnostics, Molecular Markers, Tissue Culture, Vaccines, Genetic Engineering, and Others) and by Application (Transgenic Crops, Synthetic Biology-Enables Products, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025 Report at  https://www.zionmarketresearch.com/report/agricultural-biotechnology-market

The agricultural biotechnology market is divided based on type and application. Based on type, the agricultural biotechnology market includes molecular diagnostics, tissue culture, molecular markers, genetic engineering, vaccines, and others. Molecular diagnostics is anticipated to show the highest growth rate in the years ahead, owing to the increasing awareness about molecular diagnostics techniques for the development of biotechnologically developed plants and crops and rapid technological advancements witnessed in the molecular diagnostic techniques.

The application segment of the agricultural biotechnology market is fragmented into synthetic biology-enabled products, transgenic crops, and others. Transgenic crops segment is further divided into corn, soybean, cotton, and others. Transgenic crops are anticipated to dominate the global market, owing to the growing demand for genetically modified plants and transgenic plants due to its characteristics to survive in extreme conditions, and increasing use of transgenic plants in both developed as well as developing countries. Soybean and corn are the most consumed crops worldwide, which is boosting the global demand for their transgenic plants. Transgenic crops can also be grown in extreme climatic conditions, such as drought, which also is further supporting the transgenic crops segmented growth.

North America is projected to dominate the global agricultural biotechnology market in the future, owing to an early introduction of highly developed techniques, availability of a highly skilled workforce, and the presence of advanced research infrastructure. The Asia Pacific region is anticipated to be the most lucrative agricultural biotechnology market in the upcoming years, owing to the rising investments and funding by government, presence of a large population in India and China, and the introduction of recent technologies in developing countries.

Some major players operating in the global agricultural biotechnology market are Monsanto, Vilmorin, Bayer CropScience, Syngenta, Certis, DuPont Pioneer Hi-Bred, Evogene, KWS SAAT, Dow AgroSciences, and Mycogen Seeds.

This report segments the global agricultural biotechnology market into:

Global Agricultural Biotechnology Market: Type Analysis



  • Molecular Diagnostics

  • Molecular Markers

  • Tissue Culture

  • Vaccines

  • Genetic Engineering

  • Others

Global Agricultural Biotechnology Market: Application Analysis



  • Transgenic Crops
  • Corn

  • Soybean

  • Cotton

  • Others


  • Synthetic Biology-Enabled Products

  • Others

  • Global Agricultural Biotechnology Market: Regional Analysis



    • North America

      • The U.S.



    • Europe

      • UK

      • France

      • Germany



    • Asia Pacific

      • China

      • Japan

      • India



    • Latin America

      • Brazil



    • The Middle East and Africa

    About Us:
    Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

    Contact Us:
    Zion Market Research
    244 Fifth Avenue, Suite N202
    New York, 10001, United States
    Tel: +49-322 210 92714
    USA/Canada Toll-Free No.1-855-465-4651
    Email: 
    Website:  https://www.zionmarketresearch.com


    MENAFN0907201900703707ID1098738778


    Global Agricultural Biotechnology Market Worth Reach USD 67.01 Billion By 2025

    Authors_Square_PromoteArticle_Ink2019

      Most popular stories  

    Day | Week | Month