Agricultural Biotechnology Market To Reach $212.57 Billion By 2030

Agricultural Biotechnology Market Growth & Trends

The global agricultural biotechnology market size is anticipated to reach USD 212.57 billion by 2030 and is expected to grow at a CAGR of 7.1% from 2025 to 2030. Advent of unique genetic resources and genome modification tools is anticipated to enhance understanding of plant biology over the coming years. Additionally, a rise in demand for biofuel owing to depletion of conventional fuel is further projected to propel the market growth.

Penetration of genetic engineering tools has been recognized as a solution to overcome the pitfalls of conventional vaccine production. Genetically engineered vaccines have the potential of transforming the vaccine development scenario in the future. These products are continuously assessed by vaccine developing companies to understand the significance of recombinant vaccines in clinical as well as economical aspects which has made significant contributions to the revenue generated by vaccine development application segment in 2018.

Development of transgenic livestock is expected to immensely impact the improvement of nutrition, human health, animal welfare, reducing diseased livestock, and enhancing environmental protection. Moreover, genetic modification carried out in stem cells, livestock, and others are attributed to result in high-quality food and more yield from livestock. Some of the frequently adopted techniques for the development of transgenic animals include recombinant retroviruses, pronuclear Injection, sperm-mediated DNA transfer, embryonic stem cells, germ cell transplantation, and nuclear transfer “Cloning”.

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Agricultural Biotechnology Market Report Highlights

• The plants segment led the market and accounted for the largest revenue share of 42.1% in 2024. This growth can be attributed to the increasing demand for crops that exhibit enhanced traits such as improved yield, pest resistance, and nutritional value.

• The transgenic crops and animals segment dominated the global agricultural biotechnology industry with the highest revenue share of 24.4% in 2024, driven by the increasing demand for enhanced agricultural productivity and sustainability.

• The vaccine development is expected to grow at a CAGR of 8.1% from 2025 to 2030, owing to the need for innovative solutions to combat animal diseases and improve livestock health.

• The Asia Pacific agricultural biotechnology market dominated the global market and accounted for the largest revenue share of 31.5% in 2024.

Agricultural Biotechnology Market Segmentation

Grand View Research has segmented the global agricultural biotechnology market on the basis of organism, application, and region:

Agricultural Biotechnology Organism Outlook (Revenue, USD Billion, 2018 - 2030)

• Plants

  • Conventional Techniques

  • Established Genetic Modification

  • New Breeding Techniques

• Animals

  • Conventional Techniques

  • Established Genetic Modification

  • New Breeding Techniques

• Microbes

  • Conventional Techniques

  • Established Genetic Modification

  • New Breeding Techniques

Agricultural Biotechnology Application Outlook (Revenue, USD Billion, 2018 - 2030) 

• Vaccine Development

• Transgenic Crops & Animals

• Antibiotic Development

• Nutritional Supplements

• Flower Culturing

• Bio-Fuels

Agricultural Biotechnology Regional Outlook (Revenue, USD Billion, 2018 - 2030) 

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • UK

• Asia Pacific

  • Japan

  • China

• Latin America

  • Brazil

• Middle East and Africa

  • South Africa

List of Key Players of Agricultural Biotechnology Market

• BASF SE

• Bayer AG

• ADAMA Agriculture Solution

• Corteva

• Syngenta

• Evogene

• DuPont

• Vilmorin

• Isagro SPA

• Benson Hil