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Agricultural Biotechnology Market

ID: MRFR/LS/7252-CR
122 Pages
Kinjoll Dey
January 2020

Agricultural Biotechnology Market Research Report Information by Crop Type (Soybean, Maize, Cotton, and others), Application (Herbicide Tolerance, Stacked Traits, Insect Tolerance, and others), Technique (Genetic Engineering, Molecular Breeding, Molecular Diagnostics and Tissue Culture) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Forecast till 2035

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Agricultural Biotechnology Market Summary

As per MRFR analysis, the Agricultural Biotechnology Market was estimated at 247.77 USD Billion in 2024. The Agricultural Biotechnology industry is projected to grow from 269.82 USD Billion in 2025 to 632.93 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.9 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Agricultural Biotechnology Market is poised for substantial growth driven by sustainability and technological advancements.

  • North America remains the largest market for agricultural biotechnology, showcasing a robust demand for genetically modified crops.
  • Asia-Pacific is emerging as the fastest-growing region, reflecting increasing investments in agricultural innovation and biotechnology.
  • Soybean continues to dominate as the largest segment, while maize is rapidly gaining traction as the fastest-growing segment in the market.
  • Rising food demand and consumer awareness are key drivers propelling the adoption of herbicide tolerance and stacked traits in agricultural biotechnology.

Market Size & Forecast

2024 Market Size 247.77 (USD Billion)
2035 Market Size 632.93 (USD Billion)
CAGR (2025 - 2035) 8.9%

Major Players

Bayer (DE), Monsanto (US), Syngenta (CH), DuPont (US), BASF (DE), Dow AgroSciences (US), Corteva Agriscience (US), Limagrain (FR), KWS SAAT (DE)

Agricultural Biotechnology Market Trends

The Agricultural Biotechnology Market is currently experiencing a transformative phase, driven by advancements in genetic engineering and molecular biology. This sector appears to be evolving rapidly, as stakeholders increasingly recognize the potential of biotechnological innovations to enhance crop yields, improve resistance to pests, and reduce reliance on chemical inputs. Moreover, the integration of biotechnology into agricultural practices seems to be addressing pressing global challenges such as food security and sustainability. As consumer preferences shift towards more sustainable and environmentally friendly products, the demand for genetically modified organisms (GMOs) is likely to grow, further propelling market expansion. In addition, regulatory frameworks surrounding agricultural biotechnology are becoming more defined, which may facilitate the approval processes for new biotechnological products. This regulatory clarity could encourage investment and research in the sector, fostering innovation and collaboration among various stakeholders. Furthermore, the increasing focus on precision agriculture and data-driven farming practices suggests that the Agricultural Biotechnology Market is poised for continued growth. As technology continues to advance, the potential for agricultural biotechnology to revolutionize food production and contribute to sustainable agricultural practices remains substantial.

Sustainable Practices Adoption

The Agricultural Biotechnology Market is witnessing a notable shift towards sustainable agricultural practices. Stakeholders are increasingly adopting biotechnological solutions that minimize environmental impact while maximizing productivity. This trend reflects a growing awareness of the need for eco-friendly farming methods, which may lead to enhanced soil health and reduced chemical usage.

Regulatory Developments

Regulatory frameworks governing agricultural biotechnology are evolving, potentially streamlining the approval processes for new biotechnological innovations. This trend indicates a move towards clearer guidelines, which could encourage investment and research in the sector, fostering a more conducive environment for the development of novel agricultural solutions.

Precision Agriculture Integration

The integration of precision agriculture techniques within the Agricultural Biotechnology Market is becoming more pronounced. This trend suggests that data-driven approaches, combined with biotechnological advancements, may enhance crop management and resource efficiency, ultimately leading to improved yields and reduced waste.

Agricultural Biotechnology Market Drivers

Rising Food Demand

The Agricultural Biotechnology Market is experiencing a surge in demand due to the increasing global population, which is projected to reach approximately 9.7 billion by 2050. This demographic shift necessitates a significant increase in food production, estimated to be around 70%. Agricultural biotechnology offers innovative solutions such as genetically modified organisms (GMOs) that can enhance crop yields, improve resistance to pests and diseases, and reduce reliance on chemical inputs. As a result, the industry is likely to witness substantial growth as stakeholders seek to address food security challenges while ensuring sustainable agricultural practices.

Climate Change Resilience

Climate change poses a formidable challenge to agriculture, affecting crop yields and food security. The Agricultural Biotechnology Market is poised to play a crucial role in developing crops that can withstand extreme weather conditions, such as droughts and floods. Biotechnological advancements enable the creation of resilient crop varieties that can adapt to changing climates, thereby ensuring stable food supplies. According to recent studies, crops developed through biotechnology can potentially increase yields by 20 to 30% under adverse conditions. This resilience is becoming increasingly vital as climate-related disruptions are expected to intensify in the coming years.

Technological Advancements

The Agricultural Biotechnology Market is significantly influenced by rapid technological advancements in genetic engineering, molecular biology, and bioinformatics. These innovations facilitate the development of more precise and efficient biotechnological applications, such as CRISPR gene editing, which allows for targeted modifications in crops. The market is projected to grow as these technologies become more accessible and cost-effective for farmers. Furthermore, the integration of biotechnology with data analytics and artificial intelligence is likely to enhance decision-making processes in agriculture, leading to improved productivity and sustainability.

Government Support and Funding

Government policies and funding initiatives are pivotal in shaping the Agricultural Biotechnology Market. Many governments are recognizing the potential of biotechnology to address food security and environmental challenges. As a result, they are implementing supportive regulatory frameworks and providing financial incentives for research and development in agricultural biotechnology. For instance, funding for biotech research has seen a notable increase, with several countries allocating substantial budgets to support innovation in this sector. This governmental backing is expected to foster growth and encourage collaboration between public and private entities, further propelling the industry forward.

Consumer Awareness and Acceptance

There is a growing awareness among consumers regarding the benefits of biotechnology in agriculture, which is positively impacting the Agricultural Biotechnology Market. As consumers become more informed about food production methods, there is an increasing acceptance of genetically modified foods that offer enhanced nutritional profiles and longer shelf lives. Market Research Future indicates that a significant portion of consumers is willing to pay a premium for products derived from biotechnological processes. This shift in consumer preferences is likely to drive demand for biotech crops and products, encouraging further investment in the industry.

Market Segment Insights

By Crop Type: Soybean (Largest) vs. Maize (Fastest-Growing)

In the Agricultural Biotechnology Market, the crop type segment exhibits a varying distribution of market shares among key players. Soybean continues to dominate the market owing to its widespread use in oil production and as a feedstock for animal agriculture. This robust demand has solidified its position, making it the largest segment. On the other hand, maize, while currently holding a significant share, is projected to grow faster than its counterparts. Its applications in food, biofuels, and other industries are boosting its relevance, positioning it as a noteworthy contributor to the market.

Crop Type: Soybean (Dominant) vs. Maize (Emerging)

Soybean remains the dominant crop type in the Agricultural Biotechnology Market, primarily due to its versatility and economic importance. It is extensively utilized in various industries, including food production, animal feed, and biofuels, making it a crucial player in agricultural biotechnological advancements. The genetic modifications of soybeans enhance their resistance to pests and adverse environmental conditions, fostering higher yields and improving profitability for farmers. On the contrary, maize stands out as an emerging force, rapidly gaining traction thanks to its diverse applications and strong research and development backing. The cultivation of genetically engineered maize is becoming more prevalent, aimed at improving drought tolerance and pest resistance, thus meeting the demands of a growing global population.

By Application: Herbicide Tolerance (Largest) vs. Stacked Traits (Fastest-Growing)

In the Agricultural Biotechnology Market, the application segment is notably diverse, with Herbicide Tolerance holding the largest market share due to its widespread adoption among farmers seeking efficient weed management solutions. This method enables crops to withstand specific herbicides, thus enhancing yield and reducing operational costs. Other segments, including Stacked Traits and Insect Tolerance, also contribute significantly to the market, yet they haven’t reached the dominance of Herbicide Tolerance, reflecting varying adoption rates across different regions and crop types.

Herbicide Tolerance (Dominant) vs. Insect Tolerance (Emerging)

Herbicide Tolerance remains the dominant application in the Agricultural Biotechnology Market, offering farmers significant advantages in crop management and productivity. Its ability to enable crops to endure specific herbicides while effectively managing weed pressures has led to increased adoption. In contrast, Insect Tolerance is recognized as an emerging segment, driven by the need for sustainable pest management solutions. With rising pesticide resistance and heightened consumer awareness about chemical use, the shift towards Insect Tolerance is gaining momentum, showcasing innovative biotech solutions designed to enhance crop resilience. As technology advances, both segments are poised for transformation, catering to evolving agricultural needs.

By Technique: Genetic Engineering (Largest) vs. Molecular Breeding (Fastest-Growing)

The Agricultural Biotechnology Market reveals that Genetic Engineering holds the largest market share among the techniques employed, emphasizing its established role in enhancing crop yield and disease resistance. Molecular Breeding is emerging with significant momentum, growing rapidly as a preferred method for crop improvement due to its ability to combine desirable traits without altering the plant's genetic structure extensively. This distribution highlights the technological advancement and acceptance rates among growers seeking sustainable agricultural practices. As the market progresses, the growth trends indicate an increasing reliance on precision agriculture and technological innovations in genetic modification processes. Drivers behind this expansion include rising global food demand, the necessity for sustainable farming solutions, and regulatory support for biotechnological advancements, allowing for increased adoption of Molecular Breeding alongside traditional Genetic Engineering techniques.

Technique: Genetic Engineering (Dominant) vs. Molecular Diagnostics (Emerging)

Genetic Engineering stands as the dominant technique in the Agricultural Biotechnology Market, characterized by its extensive applications in developing resistance to pests and diseases and enhancing nutritional content in crops. It represents a matured field with established frameworks and regulations, catering to conventional crop planting operations. Contrastingly, Molecular Diagnostics is emerging as a critical segment, providing tools for rapid disease detection and genetic analysis of plants. It plays a vital role in identifying traits in the early stages of plant development, thus streamlining breeding programs. The growing need for accurate and timely diagnostics in farming operations signifies its potential to become a cornerstone technique in agricultural practices, complementing the capabilities of Genetic Engineering.

Get more detailed insights about Agricultural Biotechnology Market

Regional Insights

North America : Innovation and Leadership Hub

North America remains the largest market for agricultural biotechnology, holding approximately 45% of the global share. Key growth drivers include advanced research capabilities, strong investment in biotech innovations, and supportive regulatory frameworks. The demand for genetically modified crops to enhance yield and resilience against climate change is also on the rise, further propelling market growth. The United States leads the region, with significant contributions from Canada. Major players like Monsanto, DuPont, and Corteva Agriscience dominate the competitive landscape, driving innovation and market expansion. The presence of established agricultural practices and a robust supply chain enhances the region's position as a leader in agricultural biotechnology.

Europe : Regulatory Framework and Innovation

Europe is the second-largest market for agricultural biotechnology, accounting for about 30% of the global market share. The region's growth is driven by increasing consumer demand for sustainable agricultural practices and stringent regulations promoting eco-friendly biotech solutions. The European Union's policies encourage research and development in biotechnology, fostering innovation while ensuring safety and environmental protection. Leading countries include Germany, France, and the Netherlands, where companies like Bayer and BASF are at the forefront of biotech advancements. The competitive landscape is characterized by a mix of established firms and innovative startups, all striving to meet the region's sustainability goals. The emphasis on regulatory compliance shapes the market dynamics significantly.

Asia-Pacific : Emerging Market Potential

Asia-Pacific is witnessing rapid growth in the agricultural biotechnology market, holding approximately 20% of the global share. The region's growth is fueled by increasing food demand due to population growth, coupled with the need for improved crop yields and pest resistance. Countries like India and China are leading the charge, supported by government initiatives promoting biotech research and development. China is a significant player, with substantial investments in biotech crops, while India is focusing on enhancing its agricultural productivity through biotechnology. The competitive landscape features both local and international companies, including Syngenta and Dow AgroSciences, which are actively involved in developing innovative solutions tailored to regional needs. The market is expected to expand further as regulatory frameworks evolve to support biotech advancements.

Middle East and Africa : Resource-Rich and Diverse Market

The Middle East and Africa region is emerging as a potential market for agricultural biotechnology, currently holding about 5% of the global share. The growth is driven by the need for food security, especially in arid regions, and the increasing adoption of biotech crops to enhance agricultural productivity. Governments are beginning to recognize the importance of biotechnology in addressing food shortages and improving crop resilience. Countries like South Africa and Kenya are leading the way in adopting agricultural biotechnology, with local firms and international players like Corteva Agriscience making significant investments. The competitive landscape is evolving, with a focus on developing solutions that cater to the unique challenges faced by the region. As awareness and acceptance of biotechnology grow, the market is poised for expansion.

Agricultural Biotechnology Market Regional Image

Key Players and Competitive Insights

The Agricultural Biotechnology Market is currently characterized by a dynamic competitive landscape, driven by innovation, sustainability, and strategic partnerships. Major players such as Bayer (DE), Corteva Agriscience (US), and Syngenta (CH) are actively shaping the market through their distinct operational focuses. Bayer (DE) emphasizes its commitment to sustainable agriculture, investing heavily in research and development to enhance crop resilience and yield. Corteva Agriscience (US) is strategically positioned as a leader in digital agriculture, leveraging data analytics to optimize farming practices. Syngenta (CH), on the other hand, focuses on expanding its product portfolio through strategic acquisitions and partnerships, thereby enhancing its market presence and technological capabilities.

The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains, which are crucial in a moderately fragmented market. This competitive structure allows for a diverse range of products and services, catering to various regional needs. The collective influence of these key players fosters an environment where innovation and efficiency are paramount, ultimately benefiting the agricultural sector as a whole.

In August 2025, Bayer (DE) announced a groundbreaking partnership with a leading tech firm to develop AI-driven solutions for precision agriculture. This strategic move is expected to enhance Bayer's capabilities in data-driven farming, allowing farmers to make more informed decisions and improve crop management. The integration of AI into their offerings signifies a shift towards more technologically advanced agricultural practices, aligning with current market trends.

In September 2025, Corteva Agriscience (US) launched a new digital platform aimed at providing farmers with real-time insights into crop health and soil conditions. This initiative not only reinforces Corteva's position as a digital agriculture leader but also highlights the growing importance of data analytics in enhancing agricultural productivity. By empowering farmers with actionable information, Corteva is likely to strengthen its customer relationships and drive market growth.

In July 2025, Syngenta (CH) completed the acquisition of a biotech startup specializing in gene editing technologies. This acquisition is strategically significant as it allows Syngenta to expand its research capabilities and accelerate the development of innovative crop solutions. By integrating cutting-edge gene editing techniques, Syngenta is poised to enhance its competitive edge in the market, responding to the increasing demand for sustainable agricultural practices.

As of October 2025, the Agricultural Biotechnology Market is witnessing a pronounced shift towards digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based strategies to a focus on technological innovation, supply chain reliability, and sustainable practices, ultimately redefining the future of agricultural biotechnology.

Key Companies in the Agricultural Biotechnology Market market include

Industry Developments

  • Q2 2024: Bayer and Pairwise Announce Strategic Collaboration to Accelerate Gene-Edited Crop Development Bayer and U.S.-based agbiotech firm Pairwise entered a multi-year partnership to advance gene-editing technologies for developing new varieties of corn, soy, wheat, cotton, and canola using CRISPR, aiming to improve crop yields and resilience.
  • Q2 2024: Corteva Acquires Spanish Biotech Startup GreenLeaf Genetics Corteva announced the acquisition of GreenLeaf Genetics, a Spanish startup specializing in drought-resistant gene-edited crops, to expand its portfolio of climate-resilient seed technologies in Europe and Latin America.
  • Q2 2024: Syngenta Opens New Agricultural Biotechnology Market Research Center in Singapore Syngenta inaugurated a state-of-the-art research facility in Singapore focused on developing next-generation genetically engineered crops and biological crop protection solutions for the Asia-Pacific market.
  • Q3 2024: BASF Launches First Commercial RNAi-Based Biopesticide for Soybean Farmers in Brazil BASF introduced a new RNA interference (RNAi) biopesticide targeting major soybean pests, marking the first commercial launch of this technology in South America after receiving regulatory approval from Brazilian authorities.
  • Q3 2024: U.S. EPA Approves Pivot Bio’s Microbial Nitrogen Product for Corn Pivot Bio received regulatory approval from the U.S. Environmental Protection Agency for its microbial nitrogen fertilizer, enabling commercial sales to U.S. corn growers seeking sustainable alternatives to synthetic fertilizers.
  • Q3 2024: Indigo Ag Raises $250 Million in Series E Funding to Expand Biologicals Platform Indigo Ag secured $250 million in new funding to accelerate the development and commercialization of its microbial seed treatments and biostimulants, with a focus on improving crop yields and soil health.
  • Q4 2024: Corteva and Benson Hill Announce Partnership to Develop High-Protein Soybeans Corteva and Benson Hill entered a strategic partnership to co-develop and commercialize high-protein soybean varieties using advanced gene-editing and breeding technologies, targeting the plant-based protein market.
  • Q4 2024: China Approves First Domestic CRISPR-Edited Rice for Commercial Planting Chinese regulators granted approval for the commercial cultivation of a CRISPR-edited rice variety developed by a local agbiotech firm, marking a milestone for gene-edited crops in the country.
  • Q1 2025: Bayer Appoints New Head of Crop Science Division Bayer announced the appointment of Dr. Maria Schmidt as the new global head of its Crop Science division, overseeing the company’s agricultural biotechnology and seed businesses.
  • Q1 2025: Lavie Bio Opens New Microbial Product Manufacturing Facility in Israel Lavie Bio, a subsidiary of Evogene, opened a new manufacturing facility dedicated to producing microbial-based crop protection and enhancement products, expanding its production capacity to meet growing global demand.
  • Q2 2025: Syngenta and Ginkgo Bioworks Sign Multi-Year Collaboration for Synthetic Biology in Agriculture Syngenta and Ginkgo Bioworks announced a multi-year collaboration to develop synthetic biology solutions for crop protection and yield enhancement, leveraging Ginkgo’s cell programming platform.
  • Q2 2025: U.S. FDA Grants Approval for Calyxt’s High-Oleic Soybean Oil for Food Use The U.S. Food and Drug Administration approved Calyxt’s gene-edited high-oleic soybean oil for use in food products, paving the way for commercial sales to food manufacturers.

Future Outlook

Agricultural Biotechnology Market Future Outlook

The Agricultural Biotechnology Market is projected to grow at an 8.9% CAGR from 2024 to 2035, driven by technological advancements, increasing food demand, and sustainability initiatives.

New opportunities lie in:

  • Development of precision gene editing tools for crop enhancement.
  • Expansion of biopesticides and biofertilizers in sustainable agriculture.
  • Investment in digital agriculture platforms for data-driven decision making.

By 2035, the market is expected to be robust, driven by innovation and sustainable practices.

Market Segmentation

Agricultural Biotechnology Market Crop Type Outlook

  • Soybean
  • Maize
  • Cotton
  • Others

Agricultural Biotechnology Market Technique Outlook

  • Genetic Engineering
  • Molecular Breeding
  • Molecular Diagnostics
  • Tissue Culture

Agricultural Biotechnology Market Application Outlook

  • Herbicide Tolerance
  • Stacked Traits
  • Insect Tolerance
  • Others

Report Scope

MARKET SIZE 2024247.77(USD Billion)
MARKET SIZE 2025269.82(USD Billion)
MARKET SIZE 2035632.93(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.9% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesAdvancements in gene editing technologies enhance crop resilience and yield in the Agricultural Biotechnology Market.
Key Market DynamicsRising consumer demand for sustainable agriculture drives innovation in agricultural biotechnology and regulatory adaptations.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Kinjoll Dey
Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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FAQs

What is the projected market valuation of the Agricultural Biotechnology Market by 2035?

The Agricultural Biotechnology Market is projected to reach a valuation of 632.93 USD Billion by 2035.

What was the market valuation of the Agricultural Biotechnology Market in 2024?

In 2024, the Agricultural Biotechnology Market was valued at 247.77 USD Billion.

What is the expected CAGR for the Agricultural Biotechnology Market during the forecast period 2025 - 2035?

The expected CAGR for the Agricultural Biotechnology Market during the forecast period 2025 - 2035 is 8.9%.

Which crop type segment is projected to have the highest valuation by 2035?

The maize segment is projected to reach a valuation of 180.0 USD Billion by 2035.

What are the key applications driving growth in the Agricultural Biotechnology Market?

Key applications include stacked traits, which are projected to reach 200.0 USD Billion by 2035.

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