Agricultural Biotechnology Market to Reach $59.87 Billion by 2023
Agricultural Biotechnology Market - Segmented By Application, And Geography - Growth, Trends, And Forecasts (2018 - 2023)
(EMAILWIRE.COM, November 28, 2018 ) Agricultural Biotechnology Market Overview
Transgenic crops increase the agricultural productivity and benefit producers, consumers and farmers in terms of improved yield and crop quality. Genetically modified or transgenic crops are among the top end users of agricultural biotechnology. Agricultural biotechnology could advantage consumers and also producers and farmers.
Request for Sample @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/request-sample
Transgenic cropping method offers more crop varieties to consumers than cross pollination or any natural process can offer. It provides higher & improved yield, resistance to pests, longer shelf life and high nutritional value due to which food grains demand supply gap is reduced. This is expected to drive the market. Increase in the demand for bio-fuel due to exhausting conventional resources is further expected to fuel the Agriculture Biotechnology market growth.
Agricultural Biotechnology Market Forecast Report (2018-2023)
Global Agricultural Biotechnology Market was worth USD 35.85 billion in 2018 and estimated to be growing at a CAGR of 10.8%, to reach USD 59.87 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/
Agricultural Biotechnology Market Segmentation
The market for Agricultural Biotechnology is broadly categorized into application. By application the market is classified into synthetic biology enabled products, tools and transgenic crops. Transgenic crop is further segmented into corn, soyabean andcotton. Transgenic crops are expected to account for a major share of the market revenue. Corn and soyabean are the mostly widely consumed crops. Soyabean is expected to grow at the highest rate during the forecast period. Synthetic biology-enabled products and tools, on the other hand are growing at a slower pace considering their smaller shares in the past.
On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Agricultural Biotechnology market was dominated by North America. Europe is growing at a steady rate and Asia Pacific is expected to register the highest CAGR.
Buy now @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/
Major Players:
The major companies dominating this market for its products and services are
• Dow AgroSciences,
• Vilmorin,
• Certis USA,
• KWS SAAT AG,
• Monsanto,
• Syngenta,
• Evogene Ltd,
• Bayer Crop Science and DuPont.
Customize Report @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: www.marketdataforecast.com
Transgenic crops increase the agricultural productivity and benefit producers, consumers and farmers in terms of improved yield and crop quality. Genetically modified or transgenic crops are among the top end users of agricultural biotechnology. Agricultural biotechnology could advantage consumers and also producers and farmers.
Request for Sample @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/request-sample
Transgenic cropping method offers more crop varieties to consumers than cross pollination or any natural process can offer. It provides higher & improved yield, resistance to pests, longer shelf life and high nutritional value due to which food grains demand supply gap is reduced. This is expected to drive the market. Increase in the demand for bio-fuel due to exhausting conventional resources is further expected to fuel the Agriculture Biotechnology market growth.
Agricultural Biotechnology Market Forecast Report (2018-2023)
Global Agricultural Biotechnology Market was worth USD 35.85 billion in 2018 and estimated to be growing at a CAGR of 10.8%, to reach USD 59.87 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/
Agricultural Biotechnology Market Segmentation
The market for Agricultural Biotechnology is broadly categorized into application. By application the market is classified into synthetic biology enabled products, tools and transgenic crops. Transgenic crop is further segmented into corn, soyabean andcotton. Transgenic crops are expected to account for a major share of the market revenue. Corn and soyabean are the mostly widely consumed crops. Soyabean is expected to grow at the highest rate during the forecast period. Synthetic biology-enabled products and tools, on the other hand are growing at a slower pace considering their smaller shares in the past.
On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Agricultural Biotechnology market was dominated by North America. Europe is growing at a steady rate and Asia Pacific is expected to register the highest CAGR.
Buy now @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/
Major Players:
The major companies dominating this market for its products and services are
• Dow AgroSciences,
• Vilmorin,
• Certis USA,
• KWS SAAT AG,
• Monsanto,
• Syngenta,
• Evogene Ltd,
• Bayer Crop Science and DuPont.
Customize Report @ https://www.marketdataforecast.com/market-reports/agricultural-biotechnology-market-6264/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: www.marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results