Agricultural Biotechnology Market Size to Grow by USD 27.00 bn | 42% of Market Growth to Originate from North America | Technavio

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The agricultural biotechnology market covers the following areas:

Agricultural Biotechnology Market Sizing
Agricultural Biotechnology Market Forecast
Agricultural Biotechnology Market Analysis

Driver and Challenge

The increasing demand for higher crop yields due to the rise in the global population is driving the growth of the agricultural biotechnology market. According to the World Bank, the global population increased from 7.59 billion in 2018 to 7.67 billion in 2019, and it is expected to be 8.24 billion by 2022. This will result in a high demand for food. In addition, the percentage of total agricultural land has been declining owing to rapid urbanization. Thus, the high demand for food and high crop yields can be increased by biotechnological inputs of GM seeds and crop protection biochemicals.

The higher costs for the development of agricultural biotechnology products are challenging the growth of the global agricultural biotechnology market. As per the ERS of the USDA, the spending on agricultural research has declined in high-income countries. The drop between 2009 and 2013 was 6% for high-income countries such as the US, Australia, and France, and this decline continues to date. The increase in costs may be passed on to the farmers from the manufacturers, which may hamper the adoption of agricultural biotechnology products in the forecast years.

Regional Analysis

North America will account for 42% of the market's growth during the forecast period. Technological advances for better cultivation practices, increasing demand for agricultural equipment, and consumer preference for environmentally safe products will drive the agricultural biotechnology market growth in North America during the forecast period. Furthermore, as the market is less capital-intensive, many small and established vendors are trying to penetrate the market deeper to increase their market dominance. Market growth in this region will be faster than the growth of the market in South America and MEA. Moreover, the US is a key country for the agricultural biotechnology market in North America.

Companies Mentioned

• Bayer AG
• BASF SE
• Benson Hill Inc.
• Biological Products Industry Alliance
• China National Chemical Corp. Ltd.
• Corteva Inc.
• DuPont de Nemours Inc.
• Eurofins Scientific SE
• Evogene Ltd.
• Global Bio chem Technology Group Co. Ltd.
• Groupe Limagrain Holding
• KWS SAAT SE and Co. KGaA
• Marrone Bio Innovations Inc.
• Mitsui and Co. Ltd.
• Novozymes AS
• Nufarm Ltd.
• Performance Plants Inc.
• Sumitomo Chemical Co. Ltd.
• The Dow Chemical Co.
• Yield10 Bioscience Inc.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Transgenic seeds - Market size and forecast 2021-2026
• Exhibit 28: Chart on Transgenic seeds - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Transgenic seeds - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Transgenic seeds - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Transgenic seeds - Year-over-year growth 2021-2026 (%)

• 5.4 Crop protection biochemicals - Market size and forecast 2021-2026
• Exhibit 32: Chart on Crop protection biochemicals - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Crop protection biochemicals - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Crop protection biochemicals - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Crop protection biochemicals - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application
• Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Bayer AG
• Exhibit 89: Bayer AG - Overview
• Exhibit 90: Bayer AG - Business segments
• Exhibit 91: Bayer AG - Key offerings
• Exhibit 92: Bayer AG - Segment focus

• 10.4 BASF SE
• Exhibit 93: BASF SE - Overview
• Exhibit 94: BASF SE - Business segments
• Exhibit 95: BASF SE - Key news
• Exhibit 96: BASF SE - Key offerings
• Exhibit 97: BASF SE - Segment focus

• 10.5 China National Chemical Corp. Ltd.
• Exhibit 98: China National Chemical Corp. Ltd. - Overview
• Exhibit 99: China National Chemical Corp. Ltd. - Product / Service
• Exhibit 100: China National Chemical Corp. Ltd. - Key offerings

• 10.6 DuPont de Nemours Inc.
• Exhibit 101: DuPont de Nemours Inc. - Overview
• Exhibit 102: DuPont de Nemours Inc. - Business segments
• Exhibit 103: DuPont de Nemours Inc. - Key offerings
• Exhibit 104: DuPont de Nemours Inc. - Segment focus

• 10.7 Eurofins Scientific SE
• Exhibit 105: Eurofins Scientific SE - Overview
• Exhibit 106: Eurofins Scientific SE - Business segments
• Exhibit 107: Eurofins Scientific SE - Key news
• Exhibit 108: Eurofins Scientific SE - Key offerings
• Exhibit 109: Eurofins Scientific SE - Segment focus

• 10.8 Evogene Ltd.
• Exhibit 110: Evogene Ltd. - Overview
• Exhibit 111: Evogene Ltd. - Business segments
• Exhibit 112: Evogene Ltd. - Key offerings
• Exhibit 113: Evogene Ltd. - Segment focus

• 10.9 Groupe Limagrain Holding
• Exhibit 114: Groupe Limagrain Holding - Overview
• Exhibit 115: Groupe Limagrain Holding - Business segments
• Exhibit 116: Groupe Limagrain Holding - Key offerings
• Exhibit 117: Groupe Limagrain Holding - Segment focus

• 10.10 KWS SAAT SE and Co. KGaA
• Exhibit 118: KWS SAAT SE and Co. KGaA - Overview
• Exhibit 119: KWS SAAT SE and Co. KGaA - Business segments
• Exhibit 120: KWS SAAT SE and Co. KGaA - Key offerings
• Exhibit 121: KWS SAAT SE and Co. KGaA - Segment focus

• 10.11 Mitsui and Co. Ltd.
• Exhibit 122: Mitsui and Co. Ltd. - Overview
• Exhibit 123: Mitsui and Co. Ltd. - Business segments
• Exhibit 124: Mitsui and Co. Ltd. - Key offerings
• Exhibit 125: Mitsui and Co. Ltd. - Segment focus

• 10.12 Sumitomo Chemical Co. Ltd.
• Exhibit 126: Sumitomo Chemical Co. Ltd. - Overview
• Exhibit 127: Sumitomo Chemical Co. Ltd. - Business segments
• Exhibit 128: Sumitomo Chemical Co. Ltd. - Key offerings
• Exhibit 129: Sumitomo Chemical Co. Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 130: Inclusions checklist
• Exhibit 131: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 132: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 133: Research methodology
• Exhibit 134: Validation techniques employed for market sizing
• Exhibit 135: Information sources

• 11.5 List of abbreviations
• Exhibit 136: List of abbreviations

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