DUBLIN--(BUSINESS WIRE)--The "Global Agriculture Biotechnology Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Decreasing arable land area along with increasing food demand are some of the key factors driving the growth of global agriculture biotechnology market. Also, rising research and development activities across the globe has unfolded growth opportunities in the market. The major restraint for this market is hostility or reservation against the genetically modified crops in the European region is hampering the growth in the global market.
Rising global food demand is a major factor contributing in the growth global agriculture biotechnology market over forecast period 2017-2024. The major factor for the increasing food demand is the rapid growth in global population. As per Harvard Business Review, in 1915, the global population was around 1.8 billion which has increased to 7.3 billion in 2015 and expected to increase to 9.7 billion till 2050. Agriculture biotechnology constitutes the use of methods which propels the agriculture and its production. Thus, to fulfill this, increasing global food demand need for more productive agricultural technology is emerging which is expected to contribute in growth of global agriculture biotechnology market.
Segmentation of global agriculture biotechnology is bifurcated by its application in transgenic crops and synthetic biology-enabled products. Further transgenic crop segment is sub-segmented into, corn, soybean, cotton and others. Transgenic crops segmentation is expected to dominate global agriculture biotechnology market over forecast period 2017-2024. Growing food demand globally has processed the need for high yielding crops and technologies that promotes high yielding crops. Market is segmented on the basis of synthetic biology-enabled products. Further, market by technology is sub-segmented into, biochips market, Deoxy ribonucleic acid (DNA) sequencing market, genome editing tools market, Ribonucleic acid interference (RNAi) market and synthetic biology market.
The growth in global agriculture biotechnology market is also influenced by the presence of major players, such as Bayer Cropscience AG (Germany), Dow Agrosciences LLC (U.S). Global Bio-Chem Technology (Hong Kong), KWS SAAT (Germany), Marina Biotech (U.S.), Monsonto (U.S.), etc. In order to gain competitive advantage, the major players of global agriculture biotechnology market are adopting various strategies such as collaboration, mergers & acquisitions, product launch, etc. during forecast period.
Companies Mentioned
- Adama Agricultural Solutions Ltd. (Israel)
- Bayer Cropscience AG (Germany)
- Biocentury Transgene Co. Ltd. (China)
- Certis (U.S.)
- Dow Agrosciences LLC (U.S)
- Eurofins Genescan AG (U.S.)
- Evogene Ltd (Israel)
- Global Bio-Chem Technology (Hong Kong)
- Insectigen Inc. (U.S.)
- KWS SAAT SE (Germany)
- Marina Biotech (U.S.)
- Monsonto (U.S.)
- Rubicon (India)
- Syngenta (Switzerland)
- Vilmorin (France)
Key Topics Covered
1. Introduction
2. Market Overview
3. Market Determinants
4. Global Agriculture Biotechnology Market By Application
5. Global Agriculture Biotechnology Market By Technology
6. Competitive Landscape
7. Geographic Analysis
8. Company Profiles
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