NEW YORK, Dec. 17, 2019 (GLOBE NEWSWIRE) -- The global agricultural biotechnology market was valued at USD 33.8 billion in 2018 and is expected to grow at a CAGR of 10.9% during the forecast period. Globally, key players in the agricultural biotechnology market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In June 2018, Bayer AG acquired Monsanto Company, to help and improve harvest even better.
Expanding population size, the prospering need for transgenic crops, mounting demand of genetically modified crops, escalating per capita income, regulatory reinforce in the U.S. and Brazil, intensifying animal feed owing to mounting meat consumption, and mounting demand for biofuel is the primary growth drivers for agricultural biotechnology market.
Get a free copy of sample report: https://www.vynzresearch.com/healthcare/agricultural-biotechnology-market/request-sample
Crop protection products are expected to grow at a faster rate in the agricultural biotechnology market in 2018
On the basis of product, the global agricultural biotechnology market is subdivided into transgenic seeds, and crop protection products. Of all the products, crop protection products are expected to grow at a faster rate in the market due to its benefits such as guarding plants against several harmful chemicals and other pests. In addition, the transgenic seeds segment accounted the largest share in the market, due to mounting demand of transgenic soybean worldwide, decrease in cultivable land, and transgenic crops expand agricultural productivity and help producers.
The crop protection products segment is further subdivided into biostimulants and biopesticides. The transgenic seeds segment is further subdivided into soybean, fruits and vegetables, maize, cotton, and others. The soybean segment is expected to grow at the fastest rate in the market, due to its health benefits.
Explore key industry insights in 64 tables and 40 figures from the 112 pages of report, “Global Agricultural Biotechnology Market Analysis and Forecast to 2024 - Insights by Technology (Genome Editing Tools, Ribonucleic Acid Interference [RNAi], Biochips, Deoxy Ribonucleic Acid [DNA] Sequencing, Synthetic Biology), by Product (Crop Protection Products [Biostimulants, Biopesticides], Transgenic Seeds [Soybean, Fruits & Vegetables, Maize, Cotton, Others])”
Geography Insight
Geographically, North America is the largest agricultural biotechnology market as in the region the acceptance of genetically modified crops is increasing. In addition, reductions in the application of pesticides, mounting research activities in genetically modified crops, and greater repays from farming operations are also up surging growth of the North American agricultural biotechnology market.
Competitive Insight
Some of the key players operating in the global agricultural biotechnology market are Syngenta AG, Bayer AG, Evogene Ltd., DowDuPont Inc., KWS SAAT SE, BASF SE, Performance Plants Inc., Global Bio-chem Technology Group Company Limited, Vilmorin & Cie, Certis USA LLC, and ADAMA Agricultural Solutions Ltd.
Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/healthcare/agricultural-biotechnology-market/customize-report
Key Takeaway from the Report:
- Among all the technology, synthetic biology segment is expected to grow at the fastest rate in the market.
- Among all the product, crop protection products are expected to grow at a faster rate in the market.
The Report Offers:
- Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024
- Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
- Market insights by in-depth segmentation with industry dynamics.
- Competitive analysis and benchmarking of the industry leaders and their product offerings
- Profiles of leading players and innovators, their financial overview and product portfolio
- Analysis of key industry trends and recent developments
- Value chain analysis and distribution channel analysis with opportunity assessment
- Market share analysis of major players
Benefits of Report Purchase from VynZ:
Detailed Research
We provide accurate data and in-depth analysis with all-inclusive coverage.
Robust Research Methodology
Robust research methodology and data triangulation to ensure high quality report.
Analyst Support
24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.
Sales Support
24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.
Free Customization
20% post purchase free customization to meet your requirements.
Customer Satisfaction
We claim full customer satisfaction as our core values lie in building long term relationship.
Security
High level of data security and confidentiality of your information.
The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). The report segments the global agricultural biotechnology market on the basis of technology, product, and region.
Global Agricultural Biotechnology Market Coverage
Technology Insight and Forecast 2014-2024
- Genome Editing Tools
- Ribonucleic Acid Interference (RNAi)
- Biochips
- Deoxy Ribonucleic Acid (DNA) Sequencing
- Synthetic Biology
Product Insight and Forecast 2014-2024
- Crop Protection Products
- Biostimulants
- Biopesticides
- Transgenic Seeds
- Soybean
- Fruits & Vegetables
- Maize
- Cotton
- Others
Geographical Segmentation
Agricultural Biotechnology Market by Region
North America
- By Technology
- By Product
- By Country – U.S., Canada, and Mexico
Europe
- By Technology
- By Product
- By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe
Asia-Pacific (APAC)
- By Technology
- By Product
- By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific
Rest of the World (RoW)
- By Technology
- By Product
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
More from VynZ Research:
Global Biobanking Market Analysis and Forecast to 2024
The global biobanking market was valued at USD 23,253.6 million in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period. Several offerings such as consumables and equipment, majorly contribute to the biobanking market size. Increasing the prevalence of chronic diseases, increasing demand for value-based care, increasing investment for genomic research, increasing awareness, robust pipeline for cell therapy are leading to the growth of the market.
Explore more at: https://www.vynzresearch.com/healthcare/biobanking-market
Global Embolotherapy Market Analysis and Forecast to 2024
The global embolotherapy market was valued at USD 3,200.0 million in 2018. The market is growing significantly due to the extensive incidences of liver cancer, uterine fibroids, vascular diseases, strokes along with technological progressions being undertaken in this market. Furthermore, increasing preference pertaining to nominally invasive processes and excessive funds, grants and investments availed to key players by public-private enterprises for research are another factors that are bolstering the growth of global embolotherapy market at a significant rate.
Explore more at: https://www.vynzresearch.com/healthcare/embolotherapy-market
Global Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market Analysis and Forecast to 2024
The global anti-aging and skin rejuvenation energy-based aesthetic devices market was valued at USD 890.0 million in 2018. The major factors driving the growth of the market are extensive popularity of home used energy based aesthetic devices along with extensive inclination amongst users for improving their physical appearance. With the utilisation of slightly invasive technology energy-based aesthetics are used for treatment of body and skin defects.
Explore more at: https://www.vynzresearch.com/healthcare/anti-aging-skin-rejuvenation-energy-based-aesthetic-devices-market
About VynZ Research
VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that includes comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.
Contact Us:
VynZ Research
Call: +91-996-028-8381
Toll Free (U.S. and Canada): +1-888-253-3960
Email: enquiry@vynzresearch.com
Web: https://www.vynzresearch.com
Connect with Us: LinkedIn | Facebook | Twitter