DUBLIN–(BUSINESS WIRE)–The “Global Agricultural Biotechnology for Transgenic Crops Market (2021-2026) by Type, Crop, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Agricultural Biotechnology for Transgenic Crops Market is estimated to be USD 5.23 Bn in 2021 and is expected to reach USD 12.07 Bn by 2026, growing at a CAGR of 18.2%.
A Transgenic or genetically modified organism has either combined DNA from different genomes or foreign DNA into a genome. The use of biotechnology to genetically modify plants by transferring specific DNA from one organism to another is used to produce transgenic crops. Factors like increasing demand for crops that combat environmental challenges like diseases, pests, and drought, rising demand for biofuels, the growing cultivation area of genetically manufactured crops, and integration of data science & predictive analysis to monitor crop health are some of the driving factors for the market. Whereas strong opposition to genetically manufactured crops in Europe and excessive commercialization are major restraints for the market.
Tailored solutions to meet the demands of every farmer and increased research activities in APAC and Africa are some of the opportunities for the growth of the market. Whereas, the unintentional introduction of allergens and other antinutritional factors into the food chain appears as a challenge for the growth of the market.
The market is segmented based on Type, Crop, and Geography.
Competitive Quadrant
The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Agricultural Biotechnology for Transgenic Crops Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.
Market Dynamics
Drivers
- Increasing Demand for Crops that Combat Environmental Challenges
- Growing Cultivation Area of Genetically Manufactured Crops
- Integration of Data Science & Predictive Analysis to Monitor Crop Health
- Rising Demand for Bio-Fuels
Restraints
- Strong Opposition to GM Crops in Europe
- Excessive Commercialization
Opportunities
- Increased Research & Development Activities in APAC & Africa
- Tailored Solutions to Meet the Needs of Each Farmer
Challenges
- Unintentionally Introducing Allergens and Other Antinutritional Factors in Food Chain
Companies Mentioned
- ADAMA Agricultural Solutions Ltd.
- Agrilife
- BASF SE
- Bayer AG
- Certis USA
- DuPont Pioneer Hi-Bred International Inc.
- Dow AgroSciences LLC
- Evogene Ltd.
- Global Bio-chem Technology
- KWS SAAT SE & Co. KGaA
- Land O’Lakes Inc.
- Limagrain
- Monsanto Company
- Mycogen Seeds
- Performance Plants Inc.
- Pioneer Hi-Bred International, Inc.
- Rubicon
- Syngenta AG
- Takii & Co. Ltd.
- Vilmorin
For more information about this report visit https://www.researchandmarkets.com/r/s4f0t5
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