Agroscience
Agroscience Market by Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), Technology (Biotechnology, Nanotechnology, Robotics & Autonomous Systems), Application Method, Pest Control, Equipment, Supply Chain Participants, Assessment Type - Global Forecast 2025-2030
SKU
MRR-431B7BFFBF4D
Region
Global
Publication Date
February 2025
Delivery
Immediate
2024
USD 256.61 billion
2025
USD 275.59 billion
2030
USD 390.86 billion
CAGR
7.26%

The Agroscience Market size was estimated at USD 256.61 billion in 2024 and expected to reach USD 275.59 billion in 2025, at a CAGR 7.26% to reach USD 390.86 billion by 2030.

Agroscience Market
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The agroscience market encompasses a broad spectrum of scientific research and technological innovations aimed at enhancing agricultural productivity and sustainability. It integrates disciplines such as biotechnology, chemistry, and environmental science to develop solutions that address challenges like food security, climate change, and resource scarcity. The necessity for a robust agroscience sector stems from the increasing global population, which demands higher food production and more resilient agricultural practices. Applications are varied, including crop protection, genetic modification, precision farming, and soil health management, serving end-users like farmers, agribusinesses, and governmental bodies. Key growth drivers in the agroscience market include advancements in biotechnology, a rising demand for organic and sustainable farming practices, and increased investment in agricultural research and development. Potential opportunities lie in developing eco-friendly agrochemicals, expanding the use of AI and IoT in precision agriculture, and harnessing gene-editing technologies like CRISPR for crop improvement. Businesses should consider partnerships with tech firms and research institutions to leverage these opportunities. However, the market faces challenges such as stringent regulatory frameworks, public opposition to genetically modified organisms (GMOs), and the high cost of R&D, which could stifle innovation and market expansion. Limitations also include environmental concerns related to agrochemical use and the uneven adoption of advanced technologies in developing regions. For business growth, areas ripe for innovation include vertical farming, bio-pesticides, and blockchain technology for supply chain transparency. The market is evolving rapidly, characterized by a competitive landscape with significant opportunities for small innovators and startups to disrupt traditional agricultural practices. Companies that can navigate regulatory challenges, address public concerns, and innovate sustainably are well-positioned to thrive in the dynamic agroscience market. Such insights suggest that strategic investments in sustainable tech and consumer education can yield significant competitive advantages.

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Market Dynamics

The market dynamics represent an ever-changing landscape of the Agroscience Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Climate change impacting agricultural practices and pushing for resilient crop solutions
    • Rising consumer preference for organic and sustainably grown food products
    • Emergence of agritech startups driving industry innovation through novel technologies and solutions
  • Market Restraints
    • Lack of consumer awareness and acceptance of genetically modified organisms and novel technologies
    • Fluctuating global economic conditions affecting agricultural funding and investment opportunities
    • Environmental concerns and pressures affecting the adoption of new agricultural technologies
  • Market Opportunities
    • Surge in demand for organic fertilizers amidst growing awareness of sustainable farming practices
    • Advancements in biotechnology paving the way for new genetically engineered crop varieties in agroscience
    • Collaboration between agroscience firms and tech companies fostering growth in smart farming solutions
  • Market Challenges
    • Balancing innovation acceleration with consumer safety and environmental responsibility
    • Addressing climate change impacts and ensuring sustainable agricultural practices globally
    • Adapting to evolving consumer preferences and increasing transparency in product sourcing

Market Segmentation Analysis

  • Product: Expanding the usage of biopesticides and biostimulants with growing climate changes

    Biopesticides offer a more eco-friendly alternative to traditional chemical pesticides and act on target pests while preserving beneficial organisms. They are derived from natural sources, such as plants, bacteria, and certain minerals. Biostimulants are biologically derived substances that enhance plant growth, yield, and overall health by stimulating natural processes such as nutrient uptake and stress resistance. The demand for biostimulants has increased due to the need for sustainable agriculture practices that reduce reliance on synthetic fertilizers and promote environmental conservation. Major types of biostimulants include humic substances, seaweed extracts, microbial amendments, amino acids, vitamins & minerals. Genetically modified seeds are designed to improve crop yield, quality, and resistance to pests, diseases, and adverse environmental conditions through genetic engineering techniques. The preference for GM seeds arises from the need for food security amid rapid population growth and increasing pressure on agricultural resources.

  • Application: Proliferating usage of agroscience products for crop protection

    Crop-based agroscience focuses on enhancing crop yield, improving resistance to pests and diseases, reducing chemical inputs through precision farming technologies, and developing climate-resilient cultivars. Advanced tools such as intelligent sensors and remote monitoring systems offer real-time data insights for precisely targeting input application locations based on soil conditions or plant health status. The food & vegetables segment in agroscience targets the improvement of nutritional profiles, extending shelf-life, and ensuring quality standards across the supply chain.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Agroscience Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Agroscience Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Agroscience Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. 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 these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Agroscience Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment 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, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • VARO increases stake in agro-science leader SilviCarbon and announces issuance of high-quality carbon removal credits to customers

    VARO Energy has increased its shareholding in SilviCarbon, a renowned leader in agro-science, and the company holds a majority stake of 59.8%, up from the previous 51%. This strategic investment gives VARO Energy a stronger foothold in the rapidly growing voluntary credits market and enables SilviCarbon to expand its coverage of crucial forestry assets. [Published On: August 31, 2023]

  • Illumina expands genomics capabilities in India with opening of Solutions Center

    Illumina Inc. opened a new office and state-of-the-art Illumina Solutions Center in Bengaluru, India, in collaboration with channel partner Premas Life Sciences. The office continues to work closely with Premas to grow the genomics market in India, unlocking opportunities for advancing healthcare and combating climate change in South Asia. With these advancements, Illumina aims to continue its commitment to innovation and drive progress in agroscience. [Published On: August 17, 2023]

  • Corteva Agriscience Completes Acquisitions of Symborg and Stoller

    Corteva, Inc. has acquired Symborg and Stoller to solidify its position as a global leader in the rapidly expanding Biologicals market. The acquisitions reinforce Corteva's commitment to providing farmers with sustainable tools that support the evolution of farming practices. Corteva's dedication to advancing agroscience remains unwavering as they continue to offer innovative solutions to farmers worldwide. [Published On: March 02, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Agroscience Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

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:

  • Crop Type
    • Cereals & Grains
      • Corn
        • Field Corn
        • Popcorn
        • Sweet Corn
      • Rice
        • Indica
        • Japonica
      • Wheat
        • Spring Wheat
        • Winter Wheat
    • Fruits & Vegetables
      • Berries
      • Citrus Fruits
      • Leafy Vegetables
      • Root Vegetables
    • Oilseeds & Pulses
      • Peanuts
      • Soybean
      • Sunflower
  • Technology
    • Biotechnology
      • Genetic Engineering
      • Genome Editing
    • Nanotechnology
      • Nano Fertilizers
      • Nano Pesticides
    • Robotics & Autonomous Systems
      • AI Agricultural Robots
      • Drones
  • Application Method
    • Foliar Spray
      • High Volume
      • Low Volume
      • Ultra-Low Volume
    • Seed Treatment
      • Contact Treatment
      • Systemic Treatment
    • Soil Treatment
      • Liquid Treatment
      • Solid Treatment
  • Pest Control
    • Biological Control
      • Biopesticides
      • Microbial Pesticides
      • Predatory Insects
    • Chemical Control
      • Fungicides
      • Herbicides
      • Insecticides
    • Integrated Pest Management
      • Cultural Methods
      • Mechanical Methods
  • Equipment
    • Irrigation Systems
      • Drip Irrigation
      • Sprinkler Systems
    • Spraying & Fertilizing Equipment
      • Boom Sprayers
      • Spreaders
    • Tillage Equipment
      • Harrows
      • Plows
  • Supply Chain Participants
    • Distributors & Dealers
      • International Exporters
      • Local Distributors
    • Manufacturers
      • Agrochemical Manufacturers
      • Equipment Manufacturers
    • Raw Material Suppliers
      • Fertilizer Suppliers
      • Pesticide Suppliers
  • Assessment Type
    • Economic Impact Assessment
    • Environmental Impact Assessment
    • Social Impact Assessment
  • 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

This research report offers invaluable insights into various crucial aspects of the Agroscience Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Agroscience Market, by Crop Type
  7. Agroscience Market, by Technology
  8. Agroscience Market, by Application Method
  9. Agroscience Market, by Pest Control
  10. Agroscience Market, by Equipment
  11. Agroscience Market, by Supply Chain Participants
  12. Agroscience Market, by Assessment Type
  13. Americas Agroscience Market
  14. Asia-Pacific Agroscience Market
  15. Europe, Middle East & Africa Agroscience Market
  16. Competitive Landscape
  17. List of Figures [Total: 31]
  18. List of Tables [Total: 1259 ]
  19. List of Companies Mentioned [Total: 25]
360iResearch Analyst Ketan Rohom
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Frequently Asked Questions
  1. How big is the Agroscience Market?
    Ans. The Global Agroscience Market size was estimated at USD 256.61 billion in 2024 and expected to reach USD 275.59 billion in 2025.
  2. What is the Agroscience Market growth?
    Ans. The Global Agroscience Market to grow USD 390.86 billion by 2030, at a CAGR of 7.26%
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