Agricultural Biotechnology Market by Type and Size Industry Report 2016–2021

Agricultural Biotechnology Market By Application (synthetic Biology Enabled Products, Tools And Transgenic Crops) And By Region

Global Agricultural Biotechnology Market was worth USD 29.2 billion in 2016 and estimated to be growing at a CAGR of 10.8%, to reach USD 48.76 billion by 2021. Transgenic crops increase the agricultural productivity and benefit producers, consumers and farmers in terms of improved yield and crop quality. Genetically modified or transgenic crops are among the top end users of agricultural biotechnology. Agricultural biotechnology could advantage consumers and also producers and farmers.
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Transgenic cropping method offers more crop varieties to consumers than cross pollination or any natural process can offer. It provides higher & improved yield, resistance to pests, longer shelf life and high nutritional value due to which food grains demand supply gap is reduced. This is expected to drive the market. Increase in the demand for bio-fuel due to exhausting conventional resources is further expected to fuel the market growth.
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The market for Agricultural Biotechnology is broadly categorized into application. By application the market is classified into synthetic biology enabled products, tools and transgenic crops. Transgenic crop is further segmented into corn, soyabean and cotton. Transgenic crops are expected to account for a major share of the market revenue. Corn and soyabean are the mostly widely consumed crops. Soyabean is expected to grow at the highest rate during the forecast period. Synthetic biology-enabled products and tools, on the other hand are growing at a slower pace considering their smaller shares in the past. On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Agricultural Biotechnology market was dominated by North America. Europe is growing at a steady rate and Asia Pacific is expected to register the highest CAGR.
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Key players operating in the market include Dow AgroSciences, Vilmorin, Certis USA, KWS SAAT AG, Monsanto, Syngenta, Evogene Ltd, Bayer Crop Science and DuPont.
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The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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Keywords : Agricultural Biotechnology Market, Agricultural Biotechnology market analysis,

by Abhishek Shukla (few months ago!)

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