Agricultural Biotechnology Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 180 SKU: IRTNTR46661

Agricultural Biotechnology Market Forecast 2024-2028

The agricultural biotechnology market size is forecasts to increase by USD 28.63 billion, at a CAGR of 9.6% between 2023 and 2028. The market growth analysis depends on several factors such as the increasing demand for higher crop yield, the strict regulatory controls on pesticides, and the increasing adoption of bio stimulants. Our market report examines historic data from 2018-2022, besides analyzing the current and forecasts market scenario.

Technological advances for better cultivation practices, increasing demand for agricultural equipment, and consumer preference for environmentally safe products propel the growth of the market in the region. Bayer AG company offers advance and establish biological solutions derived from natural sources, including crop protection products that address pests, diseases and weeds, as well as biostimulants to promote plant growth. DuPont de Nemours Inc. company offers solutions that include pest control, crop harvesting and protection activities such as application of dry insecticides, pesticides, herbicides, and fertilizers.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamic

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver- Increasing adoption of bio stimulants

Bio stimulants help in reducing the requirement for fertilizers and boost plant growth and resistance to water and abiotic stresses biostimulants comprise essential amino acids, microorganisms such as bacteria and fungi, proteins, and some inorganic compounds. Biofertilizers are a sub-category of bio-stimulants, which are living microorganisms that are applied to seeds, plant surfaces, and soil. The approvals for new bio-stimulant products are also a reason for the increasing adoption of the same.

Moreover, bio stimulants are expected to witness an increase in adoption during the forecast period due to the increasing number of product launches and conferences. The increasing global challenges due to increased fertilizer costs, with rising consumer demand for healthier foods that are grown more sustainably, are the major factors that are increasing biostimulant usage. Thus, the increasing adoption of biostimulants is expected to drive the growth of the market during the forecast period.

Trends- Increased adoption of stacked GM seeds

Among GM seeds, the varieties are herbicide-tolerant (HT) and insect-resistant, and the varieties contain genes from the Bacillus thuringiensis (Bt) bacterium. There are also stacked varieties containing traits from both HT and Bt varieties. Globally, the cultivation of stacked GM seeds has been increased to meet the growing consumer demand. The percentage of domestic soybean acres planted with HT seeds has increased to around 95% in 2023 from 68% in 2001. Also, HT cotton acreage was at approximately 94% in 2023. The increase in adoption rates for stacked GM seeds is due to the commercial introduction of new varieties resistant to rootworms and earworms.

Furthermore, with climate change continuing to impact agriculture productivity, there is a growing need for crops that can tolerate extreme weather conditions, such as heat, sanity, and drought. Stacked GM seeds can be engineered to provide weather-resistant traits, helping farmers to adapt to the changing environmental conditions. Additionally, as regulatory agencies across the world continue to improve stacked seeds for commercial use, more farmers are adopting these seeds. This is driving the demand for stacked seeds as farmers seek to benefit from the multiple traits it offers. Thus, such factors are expected to drive the growth of the market during the forecast period.

Challenge- Higher costs for development of agricultural biotechnology products

The R&D costs for the development of agricultural biotechnology products are very high, especially the cost of developing new active ingredients, which has increased over the years. As per the European Parliament, the time for the approval of a crop protection product is 11 years, resulting in high costs for the manufacturers. Also, with the high costs of production, the research spending by governments in developed countries has been decreasing. The spending on agricultural research has decreased in high-income countries.

Also, in the US, public spending on agricultural research was reduced in 2021 as compared with 2018. While the approved spending by the US government for agriculture was USD 2.48 billion in 2018, it was USD 2.48 billion in 2018, according to data on research and development provided by the White House. As costs increase for manufacturers with lesser government support, increased costs may be passed on to the farmers. This can result in lesser adoption of agricultural biotechnology products and impede the expansion of the market during the forecast period.

Market Segmentation by Product, Type, and Geography

Product Segment Analysis:

The transgenic seeds and crops segment will account for a major share of the market's growth during the forecast period.? Transgenic seeds are also known as GM seeds. The market scope consists of only seeds for plants and not the output produced by those plants. These transgenic characteristics can be classified as tolerance to herbicides, insect resistance, and stacked traits. A common GM variety of corn, soybean, and cotton seeds is the Bacillus thuringiensis (Bt) type, containing a part of the gene from the bacterium known as Bt. 

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The transgenic seeds and crops segment was valued at USD 25.21 billion in 2018. Additionally, the prohibition and bans on the production and import of GM crops have been brought about, especially in Europe and the MEA. Not-for-profit activist societies such as the Global Genetically Modified Organism (GMO)-Free Coalition and Moms Across America have been advocating steps against the use of GM crops. The increased activism against GM crops in other regions may affect the demand for transgenic seeds during the forecast period. Thus, the transgenic seeds segment is expected to witness significant growth in the market during the forecast period.

Type Segment Analysis:

Based on type, the market has been segmented into plants, microbes, and animals. The plants segment will account for the largest share of this segment.? Agricultural biotechnology has helped in improving the nutritional content of a variety of crops, such as wheat, soya, cereals, cotton, and others, to meet the requirements of the increasing population. These have also been used to develop a wide range of GM crops such as herbicide-tolerant, insect-resistant, disease-resistant, nutritionally enhanced, and crops with longer shelf life. Furthermore, plants have been genetically transformed not only for developing new plant traits and varieties but also for the production of medicines and the development of biofuels. Thus, these factors are expected to drive the growth of the plants segment in the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 42% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Canada and the US are the major revenue contributors to the market in North America. As the market is less capital-intensive, many small and established market players are trying to penetrate the market deeper to increase their market dominance. Also, the increasing approval of agricultural biotechnology by the US Environmental Protection Agency (EPA), owing to the reduced environmental impact, will also boost the growth of the market in the region during the forecast period. 

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • BASF SE: The company offers agriculture biotechnology solutions to protect crops against pests and diseases, and to overcome these challenges through effective, sustainable, biological control.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Bioceres Crop Solutions Corp., Corteva Inc., Dow Chemical Co., , Eurofins Scientific SE, Evogene Ltd., FMC Corp., Global Bio chem Technology Group Co. Ltd., Illumina Inc., Limagrain, Mitsui and Co. Ltd., Novozymes AS, Nufarm Ltd., Performance Plants Inc., Sumitomo Chemical Co. Ltd., Syngenta Crop Protection AG, Thermo Fisher Scientific Inc., and KWS SAAT SE and Co. KGaA 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook
    • Transgenic seeds and crops
    • Crop protection biochemicals
    • Others
  • Type Outlook
    • Plants
    • Microbes
    • Animals
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The market is characterized by modern techniques and innovative products aimed at enhancing quality traits in animal and plant genomes through genetic engineering. With a market value showing steady growth and a notable growth rate, the market encompasses a wide geographical coverage and involves major players offering expert analysis on companywise production and capacity. Scientific methods drive advancements in nutritional value through genetically modified (GM) crops, known for their high yield, nutritional value, and resistance against insects and diseases.

Agriculture-integrated biotechnology methods like micropropagation, embryo transfer, and cloning contribute to livestock and crop enhancement. Precision techniques such as marker-assisted breeding and DNA markers complement traditional approaches, addressing issues like micronutrient deficiencies through genetic engineering of crops like rice, enriched with Vitamin A, phosphates, and oil and starch components to ensure food security. Despite challenges like lack of knowledge and investment in developing countries, the market presents opportunities for emerging revenue pockets, driven by technological innovations and strategic market growth analysis in trade regulations and product approvals to optimize the value chain and meet human health needs while addressing concerns about antibiotic resistance genes and the risks of agriculture biotechnology.

Agricultural Biotechnology Market Scope

Report Coverage

Details

Page number

180

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.6%

Market Growth 2024-2028

USD 28.63 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

9.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 42%

Key countries

US, China, India, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

BASF SE, Bayer AG, Bioceres Crop Solutions Corp., Corteva Inc., Dow Chemical Co., DuPont de Nemours Inc., Eurofins Scientific SE, Evogene Ltd., FMC Corp., Global Bio chem Technology Group Co. Ltd., Illumina Inc., Limagrain, Mitsui and Co. Ltd., Novozymes AS, Nufarm Ltd., Performance Plants Inc., Sumitomo Chemical Co. Ltd., Syngenta Crop Protection AG, Thermo Fisher Scientific Inc., and KWS SAAT SE and Co. KGaA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global agricultural biotechnology market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global agricultural biotechnology market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Transgenic seeds and crops - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Transgenic seeds and crops - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Transgenic seeds and crops - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Transgenic seeds and crops - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Transgenic seeds and crops - Year-over-year growth 2023-2028 (%)
    • 6.4 Crop protection biochemicals - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Crop protection biochemicals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Crop protection biochemicals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Crop protection biochemicals - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Crop protection biochemicals - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Plants - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Plants - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Plants - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Plants - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Plants - Year-over-year growth 2023-2028 (%)
    • 7.4 Microbes - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Microbes - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Microbes - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Microbes - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Microbes - Year-over-year growth 2023-2028 (%)
    • 7.5 Animals - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Animals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Animals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Animals - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Animals - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 BASF SE
              • Exhibit 119: BASF SE - Overview
              • Exhibit 120: BASF SE - Business segments
              • Exhibit 121: BASF SE - Key news
              • Exhibit 122: BASF SE - Key offerings
              • Exhibit 123: BASF SE - Segment focus
            • 12.4 Bayer AG
              • Exhibit 124: Bayer AG - Overview
              • Exhibit 125: Bayer AG - Business segments
              • Exhibit 126: Bayer AG - Key news
              • Exhibit 127: Bayer AG - Key offerings
              • Exhibit 128: Bayer AG - Segment focus
            • 12.5 Bioceres Crop Solutions Corp.
              • Exhibit 129: Bioceres Crop Solutions Corp. - Overview
              • Exhibit 130: Bioceres Crop Solutions Corp. - Business segments
              • Exhibit 131: Bioceres Crop Solutions Corp. - Key offerings
              • Exhibit 132: Bioceres Crop Solutions Corp. - Segment focus
            • 12.6 Corteva Inc.
              • Exhibit 133: Corteva Inc. - Overview
              • Exhibit 134: Corteva Inc. - Business segments
              • Exhibit 135: Corteva Inc. - Key offerings
              • Exhibit 136: Corteva Inc. - Segment focus
            • 12.7 DuPont de Nemours Inc.
              • Exhibit 137: DuPont de Nemours Inc. - Overview
              • Exhibit 138: DuPont de Nemours Inc. - Business segments
              • Exhibit 139: DuPont de Nemours Inc. - Key news
              • Exhibit 140: DuPont de Nemours Inc. - Key offerings
              • Exhibit 141: DuPont de Nemours Inc. - Segment focus
            • 12.8 Eurofins Scientific SE
              • Exhibit 142: Eurofins Scientific SE - Overview
              • Exhibit 143: Eurofins Scientific SE - Business segments
              • Exhibit 144: Eurofins Scientific SE - Key news
              • Exhibit 145: Eurofins Scientific SE - Key offerings
              • Exhibit 146: Eurofins Scientific SE - Segment focus
            • 12.9 Evogene Ltd.
              • Exhibit 147: Evogene Ltd. - Overview
              • Exhibit 148: Evogene Ltd. - Business segments
              • Exhibit 149: Evogene Ltd. - Key offerings
              • Exhibit 150: Evogene Ltd. - Segment focus
            • 12.10 Illumina Inc.
              • Exhibit 151: Illumina Inc. - Overview
              • Exhibit 152: Illumina Inc. - Business segments
              • Exhibit 153: Illumina Inc. - Key news
              • Exhibit 154: Illumina Inc. - Key offerings
              • Exhibit 155: Illumina Inc. - Segment focus
            • 12.11 KWS SAAT SE and Co. KGaA
              • Exhibit 156: KWS SAAT SE and Co. KGaA - Overview
              • Exhibit 157: KWS SAAT SE and Co. KGaA - Business segments
              • Exhibit 158: KWS SAAT SE and Co. KGaA - Key offerings
              • Exhibit 159: KWS SAAT SE and Co. KGaA - Segment focus
            • 12.12 Limagrain
              • Exhibit 160: Limagrain - Overview
              • Exhibit 161: Limagrain - Business segments
              • Exhibit 162: Limagrain - Key offerings
              • Exhibit 163: Limagrain - Segment focus
            • 12.13 Mitsui and Co. Ltd.
              • Exhibit 164: Mitsui and Co. Ltd. - Overview
              • Exhibit 165: Mitsui and Co. Ltd. - Business segments
              • Exhibit 166: Mitsui and Co. Ltd. - Key news
              • Exhibit 167: Mitsui and Co. Ltd. - Key offerings
              • Exhibit 168: Mitsui and Co. Ltd. - Segment focus
            • 12.14 Nufarm Ltd.
              • Exhibit 169: Nufarm Ltd. - Overview
              • Exhibit 170: Nufarm Ltd. - Business segments
              • Exhibit 171: Nufarm Ltd. - Key news
              • Exhibit 172: Nufarm Ltd. - Key offerings
              • Exhibit 173: Nufarm Ltd. - Segment focus
            • 12.15 Performance Plants Inc.
              • Exhibit 174: Performance Plants Inc. - Overview
              • Exhibit 175: Performance Plants Inc. - Key offerings
            • 12.16 Sumitomo Chemical Co. Ltd.
              • Exhibit 176: Sumitomo Chemical Co. Ltd. - Overview
              • Exhibit 177: Sumitomo Chemical Co. Ltd. - Business segments
              • Exhibit 178: Sumitomo Chemical Co. Ltd. - Key offerings
              • Exhibit 179: Sumitomo Chemical Co. Ltd. - Segment focus
            • 12.17 Thermo Fisher Scientific Inc.
              • Exhibit 180: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 181: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 182: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 183: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 184: Thermo Fisher Scientific Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 185: Inclusions checklist
                • Exhibit 186: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 187: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 188: Research methodology
                • Exhibit 189: Validation techniques employed for market sizing
                • Exhibit 190: Information sources
              • 13.5 List of abbreviations
                • Exhibit 191: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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