Agroscience Market by Product, Application

List of Tables

[189 Pages Report] The Agroscience Market size was estimated at USD 240.00 billion in 2023 and expected to reach USD 256.61 billion in 2024, at a CAGR 7.20% to reach USD 390.57 billion by 2030.

Global Agroscience Market

KEY MARKET STATISTICS
Base Year [2023]	USD 240.00 billion
Estimated Year [2024]	USD 256.61 billion
Forecast Year [2030]	USD 390.57 billion
CAGR (%)	7.20%

Agroscience includes developing and utilizing scientific and innovative techniques in various fields, such as genetic engineering, biotechnology, environmental science, crop protection, plant breeding, soil science, and precision agriculture. Agroscience products help enhance productivity, optimize resource utilization, reduce environmental impacts, and ensure food security by addressing population growth and climate change challenges. Increasing global food demand due to population growth, shrinking arable land coupled with the need for higher yield rates is increasing the usage of agriscience products. Rising climate change implications on agricultural productivity and continuous technological advancements, including big data analytics and IoT devices in precision farming, drive the agroscience market growth. The availability of government initiatives promoting sustainable agriculture practices through R&D investments is expanding the scope of the market. The high cost of advanced agricultural technologies for smallholder farmers, social resistance towards genetically modified organisms (GMOs), and data privacy & security concerns arising from the digitalization of farm records are hampering the market growth. The rising introduction of bioinformatics tools supporting genomics and breeding technologies for crop improvement and eco-friendly biopesticides is expected to create opportunities for market growth.

Regional Insights

The American market for agroscience is characterized by large-scale farming operations that prioritize efficiency, yield maximization, and sustainable practices. Farmers in the region rely heavily on advanced technologies such as precision agriculture tools, genetically modified seeds, and digital platforms for data-driven decision-making. The presence of substantial agricultural land areas with ongoing favorable government initiatives to improve crop productivity and meet the customers' demand encourages the agroscience market in the Americas. The countries in the Asia-Pacific, including China, India, Indonesia, Bangladesh, Japan, and others, have soaring demand for agriculture and food products due to the high population and contain a large percentage of land suitable for agriculture. The existence of a high percentage of agricultural land in Asia-Pacific creates considerable demand for agroscience products to enhance the productivity of the agricultural output. The European region spans a vast diversity of agroecological environments that ease the production of diverse crops; however, it is accompanied by various plant health challenges. The unpredictable climate change in Europe results in shifts in the composition of threats and enhanced risks of spreading pests across the region, subsequently driving the demand for agroscience products in EMEA.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Agroscience Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Agroscience Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Agroscience Market, highlighting leading vendors and their innovative profiles. These include Adama Ltd., American Vanguard Corporation, Bayer AG, Biobest Group, Bioline AgroSciences Ltd., Coromandel International Limited, DuPont de Nemours, Inc., Euro Agro Science, Eurofins Scientific SE, FMC Corporation, Godrej Agrovet Limited, Jain Irrigation Systems Ltd., Kaveri Seed Company Ltd, Koppert Biological Systems Inc., llumina Inc., Mitsumi Agriscience Pvt. Ltd., Nissan Chemical Corporation, Novozymes A/S, Nutrien Ltd., Oasis Agroscience Limited, Sigma Agriscience, LLC, Syngenta Crop Protection AG by China National Chemical Corporation, TeselaGen Biotechnology Inc., UPL Limited, and VARO Energy.

Market Segmentation & Coverage

This research report categorizes the Agroscience Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Biopesticides
- Biostimulants
- Genetically Modified Seeds
Application
- Crop
- Food & Vegetables
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Agroscience Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Agroscience Market?

3. What are the technology trends and regulatory frameworks in the Agroscience Market?

4. What is the market share of the leading vendors in the Agroscience Market?

5. Which modes and strategic moves are suitable for entering the Agroscience Market?

Product Code: MRR-431B7BFFBF4E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Agroscience Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising global demand for food due to an increasing population globally
  - 5.1.1.2. Government initiatives promoting sustainable agriculture practices through R&D investments
  - 5.1.1.3. Growing climate change implications on agricultural productivity
- 5.1.2. Restraints
  - 5.1.2.1. Data privacy & security concerns arising from digitalization of farm records/agricultural information systems
- 5.1.3. Opportunities
  - 5.1.3.1. Growing development of eco-friendly biopesticides/biofertilizers to reduce dependency on synthetic chemicals
  - 5.1.3.2. Rising integration of vertical farming systems and controlled environment agriculture (CEA) technologies
- 5.1.4. Challenges
  - 5.1.4.1. Social resistance towards genetically modified organisms (GMOs)
5.2. Market Segmentation Analysis
- 5.2.1. Product: Expanding the usage of biopesticides and biostimulants with growing climate changes
- 5.2.2. Application: Proliferating usage of agroscience products for crop protection
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Agroscience Market, by Product

6.1. Introduction
6.2. Biopesticides
6.3. Biostimulants
6.4. Genetically Modified Seeds

7. Agroscience Market, by Application

7.1. Introduction
7.2. Crop
7.3. Food & Vegetables

8. Americas Agroscience Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Agroscience Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Agroscience Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. VARO increases stake in agro-science leader SilviCarbon and announces issuance of high-quality carbon removal credits to customers
  - 11.3.1.2. Corteva Agriscience Completes Acquisitions of Symborg and Stoller
- 11.3.2. Award, Recognition, & Expansion
  - 11.3.2.1. Illumina expands genomics capabilities in India with opening of Solutions Center

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. Adama Ltd.
- 12.1.2. American Vanguard Corporation
- 12.1.3. Bayer AG
- 12.1.4. Biobest Group
- 12.1.5. Bioline AgroSciences Ltd.
- 12.1.6. Coromandel International Limited
- 12.1.7. DuPont de Nemours, Inc.
- 12.1.8. Euro Agro Science
- 12.1.9. Eurofins Scientific SE
- 12.1.10. FMC Corporation
- 12.1.11. Godrej Agrovet Limited
- 12.1.12. Jain Irrigation Systems Ltd.
- 12.1.13. Kaveri Seed Company Ltd
- 12.1.14. Koppert Biological Systems Inc.
- 12.1.15. llumina Inc.
- 12.1.16. Mitsumi Agriscience Pvt. Ltd.
- 12.1.17. Nissan Chemical Corporation
- 12.1.18. Novozymes A/S
- 12.1.19. Nutrien Ltd.
- 12.1.20. Oasis Agroscience Limited
- 12.1.21. Sigma Agriscience, LLC
- 12.1.22. Syngenta Crop Protection AG by China National Chemical Corporation
- 12.1.23. TeselaGen Biotechnology Inc.
- 12.1.24. UPL Limited
- 12.1.25. VARO Energy
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing