Global Agroscience Market, By Product Type (Genetically Modified (GM) Seeds, Biopesticides, Biostimulants), End Users (Crops, Food and Vegetables), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Agroscience Market
Agroscience market is expected to expand at a compound annual growth rate of 11.40% over the forecast period of 2021 to 2028. The heightened consumer awareness concerning the safety aspects of food products is the factor for the agroscience market in the forecast period of 2021 to 2028.
Agricultural sciences are also known as agroscience. Agroscience also present the transformation of primary product to final products such as preservation, production and packaging of a product which is consumed by various end users.
The agroscience market is likely to gain growth, due to the rapidly changing customer dietary habits, which demand healthy and good quality fruits and vegetables. Also with the small size of agriculture land, farmers are likely to increase the yield of the land, therefore the need for agroscience products has increased which helps in enhancing the yield and quality of crops and is expected to drive the market for agroscience over the forecast period of 2021 to 2028. Also the growing demand for animal feed, food and biofuel is increased due to the increasing population which is highly flourishing the growth of the market. Moreover factors such as various innovations, such as the growth of acid and extract based biostimulants to enhance crop quality and encourage the development of roots as well as the implementation of favorable government policies along with extensive research and development (R&D) activities are the key determinants fueling the growth of the target market. However, the dearth of awareness is expected to curb the growth of the agroscience market in the above mentioned forecast period. Likewise, the rapid innovation of energy-efficient agricultural technologies and technology advancement and acid-based bio stimulants are also projected to thrust the use of agroscience in the forecast period. The significant growth in the agriculture industry, along with the rising adoption of sustainable agricultural practices across the world, is one of the key factors creating a positive impact on the market.
In addition, the rapid innovation in the agricultural field will accelerate various growth opportunities that will enhance the growth of the agroscience market in the forecast period of 2021 to 2028.
This agroscience market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agroscience market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Agroscience Market Scope and Market Size
Agroscience market is segmented on the basis of product type and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the agroscience market is segmented into genetically modified (GM) seeds, biopesticides and biostimulants. Genetically modified (GM) seeds have further been segmented into trait and seed type. Trait is further sub-segmented into herbicide-tolerant, insect-resistant and others. Seed type is further sub-segmented into corn, soybean, cotton, canola and others. Biopesticides have further been segmented into bioherbicides, bioinsecticides, biofungicides and others. Biostimulants have further been segmented into acid-based, extract-based and others. Acid-based is further sub-segmented into humic acid, fulvic acid and amino acid. Extract-based is further sub-segmented into seaweed extract and other plant extracts.
- The agroscience market is also segmented on the basis of end users into crop and food and vegetables.
Agroscience Market Country Level Analysis
Agroscience market is analyses and market size, volume information is provided by country, product type and end users as referenced above.
The countries covered in the agroscience market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the agroscience market because of the large number of variation in the climatic condition which allows a wide variety of crop production in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the rapid innovation of energy efficient agricultural technologies in emerging countries such as India and China within this particular region.
The country section of the agroscience market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agroscience Market Share Analysis
Agroscience market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agroscience market.
The major players covered in the agroscience report are Corteva, Novozymes A/S, Sumitomo Chemical Co., Ltd., Eurofins Scientific, Syngenta, Agrinos, Nutrien Ltd., UPL, BASF SE, Bayer AG, SRT Agro Science Pvt. Ltd, GNP AGROSCIENCES PVT. LTD., BioWorks Inc., himalaya Agro Science, Green Earth Agro Science, Sigma Agriscience, LLC, TeselaGen And Dow among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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