Agricultural Biotechnology Market is expected to increase at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2035

 

The agricultural biotechnology market was estimated to be worth USD 118.2 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 11.6% from 2025 to 2035, reaching USD 252.1 billion. Through innovation and scientific breakthroughs, agricultural biotechnology advances sustainable farming methods and makes agricultural systems more ecologically friendly and efficient. The market is sustainable and expanding since it is in line with the agriculture industry.

By providing creative ways to increase crop yields, lower chemical inputs, and guarantee a steady and wholesome food supply for expanding populations, agricultural biotechnology plays a critical role in tackling global issues like food security, climate change resilience, and sustainable agriculture practices.

 

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GROWTH DRIVERS

The United Nations Population Division estimates that by 2050, there will be about 10 billion people on the planet, a 30% increase from the 2017 population. This problem is addressed by agricultural biotechnology, which uses scientific discoveries to increase crop yield and productivity. Scientists can create crops with desired characteristics like resistance to pests and diseases, tolerance to environmental stresses like drought and salinity, and increased nutritional value by employing biotechnological techniques like genetic engineering.

The World Bank will support creative investment strategies for sustainable agriculture. Agribusiness must embrace climate-smart, sustainable farming methods to lessen these detrimental effects on the environment and human welfare. By lowering emissions and encroachment on wooded areas, these practices—along with agricultural intensification—will be crucial in lessening the negative effects of climate change while simultaneously increasing yields and enhancing livelihoods.

MARKET SEGMENTATION:

·         By Product Type– Crop Protection Products (bio-stimulants, bio-pesticides), transgenic seeds (soyabean, maize, cotton) and others

·         By Organism Type- Plants, Animals, Microbes

·         By Technology – Genome editing, tissue culture, synthetic biology, genetic engineering, marker-assisted breeding, plant breeding, germplasm, molecular diagnostics, vaccine and others

·         By Application- Vaccine development, transgenic crops and animals, antibiotic development, nutritional supplements, flower culturing, biofuels and others

·         By Region- North America, Europe, Asia Pacific, The Middle East and Africa, South America

Global Key Players:

·         Thermo Fisher Scientific

·         Pro Farm Group, Inc.

·         Bayer AG

·         Biocentury Group

·         Eurofins Scientific

·         LGC Biosearch Technologies

·         Corteva Agriscience

·         YIELD10 BIOSCIENCE

·         BASF SE

·         Valent BioSciences

·         Novozymes A/S

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

                                   

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