Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Global Agricultural Biotechnology Market (2023-2028) by Crop Type, Type, Product Type, Function, Techniques, Application, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Agricultural Biotechnology Market is estimated to be USD 41.8 Bn in 2023 and is expected to reach USD 80.80 Bn by 2028, growing at a CAGR of 14.09%.
Market Dynamics
Drivers
- Increased Demand for Food Supply to the Growing Population
- Growing Demand for Biofuel Due to the Depletion of Traditional Sources
- Rising Demand for Transgenic Crops Owing to Nutritional Demand for Food
- Growing Preference for Organic Products in Farming
Restraints
- High Preference for Agrochemicals
Opportunities
- Large Proportion of Ongoing Research and Development
- Adoption of Biologicals in Farming
Challenges
- Strong Resistance to Genetically Modified Products
Market Segmentations
The Global Agricultural Biotechnology Market is segmented based on Crop Type, Type, Product Type, Function, Techniques, Application, and Geography.
- By Crop Type, the market is classified into Cereals & Grains, Fruits & Vegetables, Macroindicators, and Oilseeds & Pulses.
- By Type, the market is classified into Animals, Microbes, and Plants.
- By Product Type, the market is classified into Macrobials, Microbials, Natural Products, and Semichemical.
- By Function, the market is classified into Crop Enhancement, and Crop Protection.
- By Techniques, the market is classified into Conventional Techniques, Established Genetic Modification, and New Breeding Techniques.
- By Mode of Application, the market is classified into Foliar Spray, Seed Treatment, and Soil Treatment.
- By Application, the market is classified into Antibiotic Development, Biofuels, Flower Culturing, Nutritional Supplements, Transgenic Crops & Animals, and Vaccine Development.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Agricultural Biotechnology Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Agricultural Biotechnology Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Agricultural Biotechnology Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 212 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $41.8 Billion |
| Forecasted Market Value (USD) by 2028 | $80.8 Billion |
| Compound Annual Growth Rate | 14.0% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Agricultural Biotechnology Market, By Crop Type
7 Global Agricultural Biotechnology Market, By Type
8 Global Agricultural Biotechnology Market, By Product Type
9 Global Agricultural Biotechnology Market, By Function
11 Global Agricultural Biotechnology Market, By Mode of Application
12 Global Agricultural Biotechnology Market, By Application
13 Americas' Agricultural Biotechnology Market
14 Europe's Agricultural Biotechnology Market
15 Middle East and Africa's Agricultural Biotechnology Market
16 APAC's Agricultural Biotechnology Market
17 Competitive Landscape
18 Company Profiles
19 Appendix
Companies Mentioned
- BASF SE
- Bayer Ag
- Benson Hill Inc.
- Biolchim S.p.A
- Certis USA L.L.C.
- Corteva, Inc.
- Dow Chemical Company
- DuPont de Nemours, Inc.
- Evogene Ltd.
- Isagro Group
- Marrone Bio Innovations, Inc.
- Nufarm Ltd.
- Syngenta Ag
- Valent BioSciences LLC
- Yield10 Bioscience, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/cwubq2
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