Agricultural Biotechnology Market Size by Organism, Application, and Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2032
Overview
The Agricultural Biotechnology Market size was valued at USD 130.24 Billion in 2024 and the total Agricultural Biotechnology revenue is expected to grow at a CAGR of 7.7% from 2025 to 2032, reaching nearly USD 235.76 Billion.
Agricultural Biotechnology Market Overview:
Agriculture Biotechnology is a range of tools, include traditional breeding techniques, that alter living organisms or particular parts of the organism to modify products and to improve plant and animals breeding. Moreover, biotechnology plays a vital role in agriculture to control disease and increase the strength and capacity of plants to withstand drought and flooding, and harsh climate.
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Agricultural Biotechnology Market Dynamics:
Rising genetically modified (GM) crops globally is estimated to drive the growth of the market in the forecast period. As genetically modified allows the growth of crops with higher characteristics like high nutritional content, increased food processing characteristics such as high nutritional food processing quality increased resistance against pest control and diseases, high yield, nitrogen fixation, and improved strength to withstand any harsh climatic condition. Besides, the genetically modified food market is gaining more attention globally, which is further estimated to stimulate market growth.
Moreover, the agriculture industry is highly adopting genetically modified products due to high demand in the market and increased sustainability of crops. As per International Service for the Acquisition of Agri-biotech Application (ISAAA) around 2.14 billion hectares of biotechnology crops have been developed commercially from. This includes 0.13 billion hectares of biotechnology canola, 1.04 billion of biotechnology soybean, and 0.34 billion of biotechnology cotton. Further, this factor is estimated to stimulate the growth of the market in the forecast period.
In addition, market players are investing a huge amount in developing their product portfolio to sustain in the market and to grab more attraction in the market. For instance, in , KWS SAAT SE and CO. KGaA launched new hybrid corn varieties in the Brazilian market with good yield potential and high resistance to a broad range of pests. Hence, market players are further estimated to increase the agriculture biotechnology market in the forecast period.
Agricultural Biotechnology Market Segment Analysis:
The Plant is dominating the Organism segment of the Global Agricultural Biotechnology Market:
The plant segment is estimated to gain a larger market share in the global Agriculture biotechnology market. Plant segment is further classified into conventional techniques, established genetic modification, and new breeding techniques. The conventional technique is estimated to dominate the market with a larger market share in the forecast period as huge alteration activities are carried out to alter genomics in plants and animals. Moreover, genetic engineering plays an important role in agriculture biotechnology, due to the development of genetically modified plants and has controlled genetic changes produced in the organism.
In addition, genetic modification, and tools used in biotechnology have enabled the transfer of a gene from one species to another species to generate more output in the agriculture sector as genetic engineering is widely performed on new crops to increase crop potency. This factor is estimated to create more demand in the forecast period.
The Transgenic Crops & Animals segment is considered to supplement the growth of the Global Agricultural Biotechnology Market.
The transgenic crop segment is dominating the application segment of the global agricultural biotechnology market. The key factors attributing to the growth of the market are improvement of nutrients in plants, increase crop yield, reduce cost for food production, low pesticides application, enhanced nutrient composition and food quality, greater, food security, and medical benefits together with resistance to pest and disease control. Transgenic technologies are likely to increase nutritionally beneficial qualities, with high-yield crops and these factors are likely to increase the genetic modification in plants and animals.
In addition, transgenic animals include benefits like enhanced prolificacy and reproductive performance, increase feed utilization, and growth rate, together with improved carcass composition, improved milk products, and composition. These factors are likely to gain a larger market share in the market and boost the application of biotechnology in the agriculture sector.
Regional Insights:
North America is dominating the Global Agricultural Biotechnology Market with the largest market share of 37.7% in the forecast period. The growth is dominated by the increasing agro-climate zone and crops with a wider global genetically modified plant area. The dominating countries of North America are US., Canada, Mexico. Moreover, around, 50% of the genetically modified (GM) plant area is concerned by the US, and Mexico and 10% is planted area.
Major crops cultivated in North America are corn, soybean, and wheat, and various others. Further, high technological investment in the agriculture sector due to increase crop yield and high strengthen crop capacity to survive the harsh climate is likely to grab more attention in the market. Henceforward, biotechnology plays an important role in the agriculture sector.
The Asia Pacific is estimated to gain significant market share of xx% in the forecast period. The growth in the sector is attributed to the presence of different political and economic systems, cultural backgrounds, and languages. Moreover, increasing the adoption of higher technologies in the agriculture sector due to growing modernization and industrialization, Asia Pacific is estimated to generate a significant amount of revenue in the forecast period. Also, the region holds around 90% of the total crop area for rice and of which 20% is in China and 29% in India.
The objective of the report is to present a comprehensive analysis of the Global Agricultural Biotechnology Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Agricultural Biotechnology Market dynamics, structure by analyzing the market segments and project the Global Agricultural Biotechnology Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global Agricultural Biotechnology Market make the report investor’s guide.
Agricultural Biotechnology Market Scope: Inquire before buying
| Global Agricultural Biotechnology Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2024 | Forecast Period: | 2025-2032 |
| Historical Data: | 2019 to 2024 | Market Size in 2024: | USD 130.24 Bn. |
| Forecast Period 2025 to 2032 CAGR: | 7.7% | Market Size in 2032: | USD 235.76 Bn. |
| Segments Covered: | by Organism | Plants Conventional Techniques Established Genetic Modification New Breeding Techniques Animals Conventional Techniques Established Genetic Modification New Breeding Techniques Microbes Conventional Techniques Established Genetic Modification New Breeding Techniques |
|
| by Application | Vaccine Development Transgenic Crops & Animals Antibiotic Development Nutritional Supplements Flower Culturing Biofuels |
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Agricultural Biotechnology Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Agricultural Biotechnology Market, Key Players are
1.KWS SAAT SE & Co. KGaA
2.ChemChina
3.Limagrain
4.Nufarm
5.Marrone Bio Innovations
6.Performance Plants Inc.
7.Corteva
8.ADAMA Ltd
9.MITSUI & CO., LTD
10.Evogene Ltd.
11.Valent BioSciences LLC
12.Bayer AG.
Frequently Asked Questions:
1. Which region has the largest share in Global Agricultural Biotechnology Market Market?
Ans: North America region held the highest share in 2024.
2. What is the growth rate of Global Agricultural Biotechnology Market Market?
Ans: The Global Agricultural Biotechnology Market Market is growing at a CAGR of 7.7% during forecasting period 2025-2032.
3. What is scope of the Global Agricultural Biotechnology Market Market report?
Ans: Global Agricultural Biotechnology Market Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. What was the Global Agricultural Biotechnology Market size in 2024?
Ans: The Global Agricultural Biotechnology Market size was USD 130.24 Billion in 2024.