- Summary
- Table Of Content
- Methodology
Agriculture Biotechnology Market Size:
Agriculture Biotechnology Market size is estimated to reach over USD 204.93 Billion by 2032 from a value of USD 108.18 Billion in 2024 and is projected to grow by USD 115.29 Billion in 2025, growing at a CAGR of 9.11% from 2025 to 2032.
Agriculture Biotechnology Market Scope & Overview:
Agriculture Biotechnology is defined as a set of tools utilized to improve plants, animals, and microorganisms for agricultural purposes. Also, the technology is used in crop and livestock improvement through biotechnology tools. Additionally, the increasing focus on improving agricultural productivity is driving the agriculture biotechnology market demand. Moreover, the technology offers several advantages in agriculture, such as increased crop yield, disease resistance, improved nutritional content, and resistance to adverse climates, among others which in turn is boosting the agriculture biotechnology market growth. Further, the key factors driving the market include the development of genetically modified crops, tissue culture for mass propagation, development of biocontrol agents, and biofuel production, among others.
Agriculture Biotechnology Market Dynamics - (DRO) :
Key Drivers:
Surging Demand for Disease-Resistant Crops is Boosting Market Growth for Agriculture Biotechnology
The biotechnology utilized in the agriculture sector helps in developing crops that are genetically resistant to diseases which in turn is driving the agriculture biotechnology market demand. Also, disease-resistant crops minimize the need for pesticides, leading to more environmentally friendly farming practices and reduced costs for farmers. Further, Biotech-developed crops are resistant to specific diseases, pests, and environmental stresses, helping to maintain yields and reduce the need for chemical inputs is driving the agriculture biotechnology market growth.
- For instance, according to the National Center of Biotechnology Information, climate change across the globe has an impact on the occurrence, prevalence, and severity of plant diseases. About 30% of yield losses in major crops are due to plant diseases. This increase in the prevalence of crop disease shows that there is an increase in the need for disease-resistant crops.
Therefore, the increase in the need for disease-resistant crops is driving the adoption of biotechnology in the agriculture sector, in turn proliferating the growth of the market.
Key Restraints :
Stringent Regulations is Restraining the Market Growth
The global countries have developed and adopted diverse regulatory approaches to adopt genetically engineered (GE) plants or crops which in turn is hindered by stringent government regulations. Additionally, GMOs cannot be cultivated or sold for consumption without authorization restraining the agriculture biotechnology market expansion. Further, the potential risks associated with genetically modified organisms (GMOs), research are restraining the market evolution.
Therefore, the stringent government rules and regulations are hindering the agriculture biotechnology market expansion.
Future Opportunities :
Increasing Focus on Improving Nutritional Parameter is Expected to Promote Potential Opportunities for Market Growth
The increasing focus on improving crop nutritional value due to the rising adoption of biotechnology in agriculture to enhance crop yields and improve nutritional content is propelling the agriculture biotechnology market opportunities. Further, the increased nutritional capacity is achieved through genetic engineering and traditional breeding techniques to increase the levels of essential vitamins and minerals in foods. Moreover, the need for enhanced food production to meet the growing global population's needs is driving the market progress.
- For instance, in May 2024, BASF Agricultural Solutions partnered with Anhui Huaheng Biotechnology (AHB) to jointly explore and develop the agriculture nutrition segment in China. Also, the partnership aims to develop biostimulant products that can help increase crop yield, improve crop quality, and enhance crop resilience.
Hence, the rising focus on improving nutritional parameters in crops is anticipated to increase the utilization in turn promoting prospects for agriculture biotechnology market opportunities during the forecast period.
Agriculture Biotechnology Market Segmental Analysis :
By Product Type:
Based on the product type the market is segmented into bio-fertilizers, bio-pesticide, genetically modified crops, and others.
Trends in the Product Type:
- The trend toward increasing focus on global nutritional deficiency is driving the adoption of genetically modified (GM) crops.
- The trend toward the rising adoption of bio-fertilizers as an alternative to synthetic fertilizers to reduce loss of yield caused by pests and diseases is driving the agriculture biotechnology industry.
Genetically Modified Crops accounted for the largest revenue share in the year 2024.
- Genetically modified (GM) crops are a new addition to crop varieties developed through traditional methods such as breeding, selection, and mutation.
- Additionally, the rising adoption of genetically modified crops due to increased agriculture productivity, helping farmers globally to generate more profit is driving the agriculture biotechnology market size.
- Further, the key factor driving the adoption of genetically modified crops is due to reduced loss of yield caused by pests and diseases.
- For instance, according to the Food and Agriculture Organization, more than 17 million farmers planted GM crops in 29 countries and reaped higher yields with reduced use of pesticides and better management of weeds among other benefits.
- Thus, according to the agriculture biotechnology market analysis, the reduced loss of yield caused by pests and diseases is driving the market trends.
The Bio-Pesticide segment is anticipated to register the fastest CAGR during the forecast period.
- Biopesticides, also known as biological pesticides, are chemicals made from natural organisms or substances used to control or suppress agricultural pests.
- Additionally, the key advantages of bio-pesticides include improved stability, broader pest range, and increased yield.
- Further, the global need for food and supplies, by enhancing the productivity and sustainability of agricultural practices is driving the adoption of the bio-pesticide segment.
- For instance, according to a study published in Proceedings of the International Academy of Ecology and Environmental Sciences Journal, among farmers globally, biopesticides are increasingly being preferred over chemical pesticides as a better alternative. Globally it is increasingly being adopted as an alternative for crop protection.
- Therefore, according to the agriculture biotechnology market analysis, the global need for food and supplies is anticipated to boost the market during the forecast period.
By Technology:
Based on the technology the market is segmented into genetic engineering, tissue culture, breeding, and others.
Trends in the Technology:
- The increasing focus on developing crops with improved productivity, disease resistance, and pest resistance is driving the adoption of genetic engineering technology which in turn is fueling the agriculture biotechnology market trends.
- The rising demand for rapid propagation and preserving crop variety is driving the adoption of tissue cultures technology which in turn is fueling the agriculture biotechnology market trends.
Genetic Engineering Technology accounted for the largest revenue share of 47.31% in the year 2024.
- Genetic engineering, in particular, involves directly manipulating an organism's genes to introduce or modify traits, resulting in genetically modified organisms (GMOs).
- Additionally, the key benefits include precise breeding, decreased need for herbicides and pesticides, development of more nutritious food, and higher crop yields which in turn is boosting the agriculture biotechnology market share.
- Further, the increasing focus on developing genetically modified organisms (GMOs) and gene-edited crops to improve yield, pest and disease resistance, and nutritional value boosts the agriculture biotechnology market size.
- For instance, according to the International Service for the Acquisition of Agri-biotech Applications, 92% percent of U.S. cotton crops having insect-resistant seeds planted are developed using agriculture biotechnology technology called genetic engineering.
- Thus, as per the market analysis, increasing focus on developing genetically modified organisms (GMOs) and gene-edited crops is driving the market trends.
The tissue culture segment is anticipated to register the fastest CAGR during the forecast period.
- Plant Tissue Culture (PTC) is the in vitro maintenance and propagation of plant cells, tissues, or organs under sterile and control conditions to propagate plants, produce disease-free planting material, and enhance plant characteristics.
- Additionally, the technology involves growing plant cells, tissues, or organs in a controlled environment, producing large numbers of genetically identical plants, or inducing genetic variation for crop improvement.
- Further, the ability to allow rapid multiplication of elite plant varieties, producing large quantities of disease-free planting materials is driving the adoption of tissue culture technology which in turn is boosting the agriculture biotechnology market share.
- For instance, according to a study published in the International Journal of Advanced Biochemistry Research, tissue culture technology through micropropagation has revolutionized the agriculture scenario globally and is witnessing significant growth in the market.
- Therefore, as per the market analysis, the ability to allow rapid multiplication of elite plant varieties is anticipated to boost the market during the forecast period.
Regional Analysis:
The regions covered are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is estimated to reach over USD 63.45 Billion by 2032 from a value of USD 33.39 Billion in 2024 and is projected to grow by USD 35.60 Billion in 2025 U.S. accounted for the highest market share of 78.13% during the base year of 2024. The North American region's growing adoption of genetically engineered crops which are in turn utilized as feed for animals such as cows, chickens, and fish offer lucrative growth prospects for the market. Additionally, the evolution of GM crops such as soybeans, corn, sugar beets, canola, cotton, and more is driving the market progress.
- For instance, according to the Economic Research Service, more than 90% of corn, upland cotton, and soybeans in US are produced using GE varieties. This shows that there is increased use of agriculture biotechnology in the United States in order to obtain genetically engineered crops.
Asia Pacific region was valued at USD 32.28 Billion in 2024. Moreover, it is projected to grow by USD 34.50 Billion in 2025 and reach over USD 63.28 Billion by 2032. As per the market analysis, the market is mainly driven by an increased need for food production in India, China, and Japan among others. Furthermore, factors including a rise in the need for additional fertilizers that are eco-friendly are projected to drive the market progress in the Asia Pacific region during the forecast period.
- For instance, according to the Food and Agriculture Organization, the total estimated demand for bio-fertilizers in India was 18,500 tons per year, whereas the estimated production is about 10,000 tons per year. These biofertilizers an agriculture biotechnology product, not only improve production yield but also enhance the nutritional efficiency of the crop. This shows that there is an increase in the need for biotechnology-based products such as biofertilizers in agriculture to cater to the growing demand for food.
The regional analysis depicts that the increase in demand for bio-based fertilizers, pesticides fungicides, and more is driving the market in Europe. Additionally, the key factor driving the market is the growing date farming industry as well as the utilization of tissue culture techniques in order to meet the regional need for dates is propelling the market adoption in the Middle East and African region. Further, the increase in the adoption rate of GE crops is paving the way for the progress of the market in Latin America region.
Top Key Players & Market Share Insights:
The global agriculture biotechnology market is highly competitive with major players providing biotechnology to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end user launches to hold a strong position in the agriculture biotechnology industry. Key players in the agriculture biotechnology market include-
- Indigo Ag, Inc. (United States)
- Bayer AG (Germany)
- Corteva (United States)
- ADAMA (Israel)
- KWS SAAT SE & Co. KGaA (Germany)
- Monty's Plant Food. (United States)
- Inari Agriculture, Inc. (United States)
- Syngenta (Switzerland)
- BASF (Germany)
- AgroFresh (United States)
Recent Industry Developments :
Product launches:
- In March 2024, Corteva, Inc. launched Corteva Catalyst which is a platform focused on accessing and bringing to market agricultural innovations that advance the company's R&D priorities and drive value creation.
Partnerships & Collaborations:
- In October 2024, BASF partners with Acadian Plant Health, to introduce a climate-resilient solution. BASF is planning to incorporate seaweed Ascophyllum nodosum as a biostimulant, which will increase the productivity of the crop and promote sustainability.
Agriculture Biotechnology Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 204.93 Billion |
| CAGR (2024-2031) | 9.11% |
| By Product Type |
|
| By Technology |
|
| By Region |
|
| Key Players |
|
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage |
|
Key Questions Answered in the Report
How big is the Agriculture Biotechnology Market? +
In 2023, the Agriculture Biotechnology Market was USD 102.02 Billion.
Which is the Largets region in the Agriculture Biotechnology Market? +
North America is the Largest region in the Agriculture Biotechnology Market.
Which is the holds the fastest growing market share for Agriculture Biotechnology Market? +
Asia Pacific is the fastest growing region in the Agriculture Biotechnology Market.
What specific segmentation details are covered in the Agriculture Biotechnology Market? +
Product Type and technology are the segments that have been covered in the Agriculture Biotechnology Market.
Who are the major players in the Agriculture Biotechnology Market? +
Indigo Ag, Inc. (United States), Bayer AG (Germany), Syngenta (Switzerland), BASF (Germany), Corteva (United States), Monty's Plant Food. (United States), Inari Agriculture, Inc. (United States), KWS SAAT SE & Co. KGaA (Germany), AgroFresh (United States), ADAMA (Israel).
