Agricultural Biotechnology Global Market to Reach $88.9 Billion by 2030: Integration of Biotechnology and IT Revolutionizes the Agriculture Sector

Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Agricultural Biotechnology - Global Strategic Business Report" report has been added to's offering.

The global market for Agricultural Biotechnology estimated at US$43.3 Billion in the year 2022, is projected to reach a revised size of US$88.9 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030.

Molecular Diagnostics, one of the segments analyzed in the report, is projected to record a 10.8% CAGR and reach US$35.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Tissue Culture segment is readjusted to a revised 10.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $12.7 Billion, While China is Forecast to Grow at 8.7% CAGR

The Agricultural Biotechnology market in the U.S. is estimated at US$12.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.2 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.

Select Competitors (Total 17 Featured) -

  • ADAMA Agricultural Solutions Ltd.
  • Bayer CropScience AG
  • Certis USA LLC
  • Dow AgroSciences LLC
  • DuPont Pioneer
  • Marrone Bio Innovations Inc.
  • Monsanto Company
  • Performance Plants Inc.
  • Syngenta AG
  • Valent BioSciences Corporation

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages263
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$43.3 Billion
Forecasted Market Value (USD) by 2030$88.9 Billion
Compound Annual Growth Rate9.4%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Prelude
  • Recent Market Activity
  • Widening Gap between Food Demand and Production Raises Significance of Agricultural Biotechnology
  • Opportunity Indicators in a Nutshell
  • Transgenic Seeds & Crops Spearhead Growth in the Agricultural Biotech Market
  • Highlights
  • Significant Benefits of GM Crops Augur Well for Market Growth
  • Biotech Cropland Worldwide - An Overview
  • Developed Regions Lead GM Crop Cultivation, Developing Regions Promise Future Growth
  • Barriers to Expansion of Biotechnology in Agriculture Industry
  • Bt. Cotton: Adoption All Set to Increase Further in the Coming Years
  • Robust R&D Pipeline to Play a Pivotal Role in Adoption of Bt. Cotton
  • Challenges Hindering Wider Adoption of GM Crops
  • Biopesticides: Natural Attributes Spur Global Demand
  • Developed Countries: Leading Consumers of Biopesticides
  • Biopesticides - A Crucial Component for Implementing Integrated Pest Management
  • Explosive Growth in Organic Farming Augurs Well for Biopesticides Market
  • Lack of Familiarity & Negative Perceptions Hinder Uptake of Biopesticides among Farmers
  • Biopesticide Regulations in the US and Europe
  • Agricultural Biotechnology - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession



  • Food Security - An Opportunity Generator
  • Rising Demand for Biofuels: Positive Implications for GM Crops Market
  • Introduction of Bt Cotton and Bt Brinjal Enhance Agricultural Production
  • IRRI Working to Develop Stress-Tolerant Rice Variants
  • Advent of Insect Resistant Crops Fuel Growth for Agriculture Industry
  • Global Reservations Persist in Acknowledging Benefits of GM Crops
  • Integration of Biotechnology and IT Revolutionizes Agriculture Sector
  • Development of New Herbicide-Tolerant Traits Gathers Steam
  • Advanced Farming Techniques for Increasing Agricultural Yields
  • Misuse of Indigenous Resources of Developing Countries: A Cause of Concern
  • Educating Consumers - Need of the Hour
  • Synthetic Biology - A Brief Review
  • Synthetic Biology: Prediction Becoming Reality
  • Biostimulants: Growing Interest in Organic Food to Propel Growth
  • Need for Sustainable Agriculture - Key Growth Driver
  • Lack of Thorough Research Impedes Growth in Biostimulants Market
  • Need for Paradigm Shift in Grower Mindset Regarding Biostimulants
  • The Road Ahead
  • Sales of Non-GMO products to Register Impressive Growth
  • Public-Private Sector Partnerships Gain Importance
  • Protection of Intellectual Property Demands High Attention
  • Challenges Aplenty for Agricultural Biotechnology in Developing Nations
  • Dearth of Competent Leadership
  • Insufficient Financial Support for R&D
  • Lack of Scientific and Technological Infrastructure
  • Insufficient Expertise and Human Resources
  • Safety Issues
  • Ethical Issues
  • Lack of Regulatory Framework




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Global Market for Agricultural Biotechnology

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