Market Size (2013)
2013
$17.17B
Healthcare
Agricultural Biotechnology Market
By Segment, By Region, And Segment Forecasts, 2013 – 2022
Vertical: HealthcareBase Year: 201811 Sections
Executive Summary
Agricultural Biotechnology Market — Snapshot
Projected (2022)
2022
$40.82B
CAGR (2013–2022)
10.1%
10.1%Key Players
109+
Agricultural biotechnology is the use of different scientific techniques to modify plants to produce genetically modified plants. Biotechnology plays an important role in increasing resistance of plants towards a disease or any harsh environmental condition and also improving agriculture productivity. The factors leading to the growth of the global agricultural biotechnology market are increasing cultivation of biotech crops across the globe and high investment in agriculture research and development. However, unfavorable scenario of the cultivation of genetically engineered crops in Europe are posing hurdles to the market growth at the global level.
Key Insight
The Agricultural Biotechnology Market market is projected to grow at a CAGR of 10.1% from 2013 to 2022.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansMarket Scope & Coverage
What this report covers
- Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
- Market Segmentation: The market is analyzed across 4 segments: Herbicide Tolerance, Stacked Traits, Insect Tolerance, Others. Forecasts are provided for each segment from 2013 to 2022.
- Competitive Landscape: 109 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Agricultural Biotechnology Market — Growth Trajectory
The scope of the global agricultural biotechnology market study includes market size analysis and a detailed analysis of the manufacturer’s products and strategies. The market has been segmented based on application, technology, and region.
Research Objective
To provide a comprehensive analysis of the global agricultural biotechnology market and its sub-segments, thereby providing a detailed structure of the industry To provide detailed insights into factors driving and restraining the growth of the global agricultural biotechnology marketTo estimate the market size of the global agricultural biotechnology market where 2016 to 2017 would be the historic period, 2018 shall be the base year, and 2019 to 2025 will be the forecast period for the studyTo provide country-wise market value analysis for various segments of the global agricultural biotechnology marketTo provide strategic profiling of key companies (manufacturers and distributors) present across the globe and comprehensively analyze their competitiveness/competitive landscape in this marketTo provide a distribution chain analysis/value chain for the global agricultural biotechnology market
Agricultural Biotechnology Market — Growth Trajectory
Herbicide Tolerance
Stacked Traits
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View Subscription PlansMarket Size Trend (USD Mn)
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View Subscription PlansMarket Dimensions
How this market is segmented
- Crop Type Crop Type is broken down into: Soybean, Maize, Cotton, Other Crops.
- Application Application is broken down into: Herbicide Tolerance, Stacked Traits, Insect Tolerance, Others.
- Technique Technique is broken down into: Genetic Engineering, Molecular Breeding, Molecular Diagnostics, Tissue culture.
Geographic Analysis
Regional market breakdown
- Asia Pacific Asia Pacific market size reached $4.72B in 2013 and is projected to reach $11.43B by 2022, growing at a CAGR of 10.3%.
- South America South America market size reached $4.44B in 2013 and is projected to reach $10.90B by 2022, growing at a CAGR of 10.5%.
- Europe Europe market size reached $1.06B in 2013 and is projected to reach $2.18B by 2022, growing at a CAGR of 8.4%.
- North America North America market size reached $6.24B in 2013 and is projected to reach $14.72B by 2022, growing at a CAGR of 10.0%.
- Middle East and Africa Middle East and Africa market size reached $713.25M in 2013 and is projected to reach $1.60B by 2022, growing at a CAGR of 9.4%.
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View Subscription PlansResearch Methodology
Agricultural Biotechnology Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2013 – 2018
Forecast Period
2018 – 2022
Primary Interviews
150+
Research Process
Historical data (2013–2018) and forecast period (2018–2022)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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View Subscription PlansCompetitive Landscape & Porter's Five Forces
Agricultural Biotechnology Market — Competitive Analysis
Threat of New Entrants
The threat of new entrants is moderate in the global agricultural biotechnology market. Any manufacturing company trying to enter the market is required to accept or abide by the regulatory standards. However, the budget required for research and development of GM crops is medium compared to the other industries. Moreover, if a company desires to survive in the market, it must introduce innovative products in the market. The presence of huge opportunities in the market has increased the threat of new entrants to the market.
Bargaining Power of Suppliers
The bargaining power of suppliers in the agricultural biotechnology market is low. In this market, the suppliers are the manufacturers of genetically modified (GM) crops. The market has the presence of many local and international companies that supply raw material for agricultural biotechnology. Furthermore, increasing demand from research institutes and entry of multinational agricultural biotechnology companies in the market is further expected to keep the bargaining power of suppliers low. The presence of large number of suppliers would cater to the needs of the customers which will lead to intense competition between the existing suppliers which thereby keep the bargaining power of suppliers low.
Threat of Substitutes
The threat of substitutes in the global agricultural biotechnology market is moderate. Any threat from a close substitute product is measured to have a high impact on the market. The threat of substitutes arises when the buyers or the customers in the market can accomplish the end-result using other similar products. Although there is a medium number of replacements or the presence of alternative products in the market, which eliminates the threat of substitute.
Bargaining Power of Buyers
The bargaining power of buyers is moderate in the global agricultural biotechnology market. The farmers utilizing GM crops and seeds are the buyers of the market. The number of buyers in the market is rising due to the high income from the GM crops for the buyers. Besides, the pricing factor also plays a vital role in the bargaining power of buyers in the market as some buyers are price and brand sensitive and might prefer particular products from certain companies.
Intensity of Rivalry
The degree of competition in the global agricultural biotechnology market is moderate to high. The moderate degree of product differentiation among existing players increases the intensity of rivalry in the market. Companies involved in the market are trying to develop cost-effective products to make product differentiation. To overcome the competition, players are engaged in developing a process to lower their manufacturing costs. Moreover, the players are also developing advanced techniques for differentiating their products from their rivals, which encourages competition to gain maximum market share.
Quantitative Analysis
Regional Breakdown
Regional market breakdown for Agricultural Biotechnology Market.
Regional Market Size (USD Mn)
Market estimates by geography (2022)
USD Mn
InsightNorth America leads with $14.72B by 2022, while South America is projected to grow fastest at a 10.5% CAGR.
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View Subscription PlansRegional Market Data
| REGION | 2013 | 2018 | 2022 | CAGR | SHARE |
|---|---|---|---|---|---|
| Asia Pacific | $4.72B | $7.72B | $11.43B | 10.3% | 28% |
| South America | $4.44B | $7.31B | $10.90B | 10.5% | 27% |
| Europe | $1.06B | $1.54B | $2.18B | 8.4% | 5% |
| North America | $6.24B | $10.05B | $14.72B | 10.0% | 36% |
| Middle East and Africa | $713.25M | $1.15B | $1.60B | 9.4% | 4% |
| Total | $17.17B | $27.78B | $40.82B | 10.1% | 100% |
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View Subscription PlansSegment Revenue (2022)
Herbicide Tolerance
Stacked Traits
Insect Tolerance
Others
05393107871618021573
Segment Market Share
- Herbicide Tolerance47%
- Stacked Traits33%
- Insect Tolerance12%
- Others8%
Total Market Size
$41.89B
Market by Segment (2022)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Herbicide Tolerance | $19.61B | 10.1% | 47% |
| Stacked Traits | $13.64B | 10.1% | 89% |
| Insect Tolerance | $5.19B | 10.1% | 54% |
| Others | $3.45B | 10.1% | 53% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytics
Agricultural Biotechnology Market — Key Findings
Analytical insights on Agricultural Biotechnology Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Agricultural Biotechnology Market market is projected to reach $40.82B by 2022, growing at 10.1% CAGR. The Herbicide Tolerance segment holds the largest share.
Market Drivers
Agricultural biotechnology is the use of different scientific techniques to modify plants to produce genetically modified plants. Biotechnology plays an important role in increasing resistance of plants towards a disease or any harsh environmental condition and also improving agriculture productivity.
The global agricultural biotechnology market is emerging due to the increasing cultivation of biotech crops across the globe and high investment in agriculture research and development. However, the unfavorable scenario of the cultivation of genetically engineered crops in Europe is hampering the growth of the market
Market Opportunities
The agricultural biotechnology industry is evolving at a rapid pace. The introduction of advanced technology has improved the quality of research in the biotechnology field, and increasing the cultivation of biotech crops has also attracted considerable attention as a means of supporting the agricultural biotechnology market.
In developing countries, increasing the cultivation of biotech crops would support the growth of the market. In Brazil, according to the International Service for the Acquisition of Agri-biotech Applications, in 2016, the cultivation area of biotech crops was about 49.1 million hectares in 2016, whereas it was 44.2 million hectares in 2015. Similarly, in South Africa, the cultivation area of biotech crops about 2.3 million hectares in 2016, whereas it was 2.7 million hectares in 2015. The increasing cultivation in developing countries will support the growth of the market.
Market Restraints
The scenario of the cultivation of genetically engineered (GE) crops in Europe is low compared to other regions. The cultivation of GE crops in the European Union (EU) is very limited due to difficult marketing conditions that hamper the cultivation of GE crops in the region. In the Europe Union, the MON810 Bt corn is the only GE plant authorized for cultivation. In 2018, the area planted with Bt corn in Europe decreased by 8% compared to 2017.
Moreover, according to the USDA Foreign Agricultural Service, the EU does not export any GE products, but imports more than 30 million metric tons of soybean products. Unfavorable political and regulatory environments restrict public and private research in biotechnology and are expected to hinder the growth of the EU agricultural biotechnology market.
EU has permitted individual countries to decide to allow farmers from growing genetically modified organism (GMO) crops. Many countries in the EU banned or prohibited the cultivation of GMO crops, including Austria, Denmark, Germany, Russia, and Switzerland, among others. The below list of countries banned or prohibited the cultivation of GMO crops.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Market Value by Segment (2022)
Value (USD Mn)
Herbicide Tolerance
Stacked Traits
Insect Tolerance
Others
Companies
Key companies profiled in Agricultural Biotechnology Market
Profiles of 109 companies operating in the Agricultural Biotechnology Market market, including revenue, employee count, and market positioning where available.
Showing 109 of 109 companies
Evogene Lt
Evogene Ltd
Healthcare
Company Headquarters: Rehovot, Israel Founded: 2002 Workforce: ~ 51-200 Company Working: Evogene Ltd (Evogene) is an Israel-based life science company. It operates in agriculture, human health, and life-science sectors and manufactures products related to biotechnology, biofuel, computational genomics, advanced breeding, plant genomics, and chemicals. Evogene operates in two business segments, namely, Evogene and Evofuel. It offers products through its subsidiaries, including Lavie Bio Ltd, Biomica Ltd, Evogene, Inc., and Evofuel Ltd. It is involved in strategic collaborations and agreements with major players in the market to develop innovative plant traits.
Revenue$0.0B
Employees200
Market CapN/A
Founded2001
Rehovot, Israel
Dr. Chip B
Dr. Chip Biotech Inc.
Healthcare
Company Headquarters: Miao-Li, Taiwan Founded: 1998 Workforce: ~ 40 Company Working: Dr. Chip Biotech Inc. manufactures, markets, and imports & exports nucleic acid extraction kits, polymerase chain reaction kits, rapid nucleic acid hybridization devices & biochips, and other related products. It provides products & services related to food safety, examination system, human diagnosis, arrays system, agriculture, and others. It operates in the domestic market and generates its maximum revenue from the local business. It has comparatively fewer products and focuses on the innovations within these products.
RevenueN/A
Employees40
Market CapN/A
Founded1997
Miao-Li, Taiwan
Corteva Ag
Corteva Agriscience
Healthcare
Company Headquarters: Indianapolis, US Founded: 1989 Workforce: ~21,100 Company Working: Corteva Agriscience develops, manufactures, and markets a wide range of products, including seeds and traits, crop protection, software, and digital solutions, seed treatments, forages, inoculants, vegetation management, pasture management, turf and ornamental, urban pest management, and oil. It is directly present in more than 50 countries and covers all major regions such as North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. Corteva Agriscience is a subsidiary of Dow Chemical Company. Hence, the provided financial information is of the Dow Chemical Company.
Revenue$48.2B
Employees21,100
Market CapN/A
Founded1988
Indianapolis, US
LGC Biosea
LGC Biosearch Technologies (Douglas Scientific)
Healthcare
Company Headquarters: Petaluma, US Founded: 1993 Workforce: ~2,400 Company Working: LGC Biosearch Technologies operates as a subsidiary of LGC Limited and acquired Douglas Scientific in the year 2016. LGC, Biosearch Technologies designs, manufactures and markets PCR reagents, custom genotyping assays, genomic services, gene editing, and NGS services, as well as workflow solutions. The company operates in three business segments, namely, products, technologies, and services. It is present in more than 22 countries and has seven manufacturing units along with the three service laboratories all over the world. LGC Biosearch Technologies is a subsidiary of LGC Limited. Hence, the provided financial information is of LGC Limited.
Revenue$18.3B
Employees2,400
Market CapN/A
Founded1992
Petaluma, US
Vilmorin &
Vilmorin & Cie
Healthcare
Company Headquarters: Paris, France Founded: 1990 Workforce: ~ 6,653 Company Working: Vilmorin & Cie is one of the world’s leading companies in the seed sector. The company has three business segments, namely, vegetable seeds, field seeds, and garden seeds activity, and out of these vegetable and field seeds are its core businesses. It relies on continuous investment in its research and development (R&D) and a robust international development strategy to strengthen its position in the market. It also focuses exclusively on seeds and is not at all involved in agrochemicals.
Revenue$0.1B
Employees6,653
Market CapN/A
Founded1989
Paris, France
Thermo Fis
Thermo Fisher Scientific
Healthcare
Company Headquarters: Massachusetts, US Founded: 2006 Workforce: ~70,000+ Company Working: Thermo Fisher Scientific specializes in various biotechnology products such as analytical instruments, laboratory supply chain programs and e-commerce, laboratory equipment, lab services, specialty diagnostics, and others. The company helps its customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to the market, and increase the productivity of the laboratory. It has five premier brands, namely, Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services through which it offers an unmatched combination of innovative technologies, purchasing convenience and comprehensive services.
Revenue$18.3B
Employees70,000
Market CapN/A
Founded2005
Massachusetts, US
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Agricultural Biotechnology Market
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