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About this market
The demand for food is rising due to the increase in the global population. The increasing population will result in a rising demand for food, which us necessary to be supplied from constrained resources such as land and water. The food demand can be met only by the adoption of non- conventional farming methods combined with agricultural biotechnology. Higher yields not only in food crops but also cash crops such as cotton are essential. The crop yields can be increased by biotechnological inputs of GM seeds and crop protection biochemical. This will drive the growth of the global biotechnology market during the forecast period. analysts have predicted that the agricultural biotechnology market will register a CAGR of almost 11% by 2022.
Market Overview
Stricter regulatory controls on pesticides
The stricter regulations on chemical pesticides will results in shifting to natural pesticides such as biopesticides, increasing the growth of the crop protection biochemical’s segments.
Challenges concerning the adoption of GM crops
The adoption of GM crops in many countries has been challenged due to the lack of scientific evidence about the long-term effects of GM crops on human health. The underdeveloped standards for biostimulants have resulted in the marketing of counterfeit and ineffective biostimulant products. The adoption of biostimulants is affected due to the proliferation of these counterfeit products.
For the detailed list of factors that will drive and challenge the growth of the agricultural biotechnology market during the 2018-2022, view our report.
Competitive Landscape
The agricultural biotechnology market is moderately concentrated and the market being in a growth phase, the competition among companies is intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The demand for food is rising due to the increase in the global population. The increasing population will result in a rising demand for food, which us necessary to be supplied from constrained resources such as land and water. The food demand can be met only by the adoption of non- conventional farming methods combined with agricultural biotechnology. Higher yields not only in food crops but also cash crops such as cotton are essential. The crop yields can be increased by biotechnological inputs of GM seeds and crop protection biochemical. This will drive the growth of the global biotechnology market during the forecast period. analysts have predicted that the agricultural biotechnology market will register a CAGR of almost 11% by 2022.
Market Overview
Stricter regulatory controls on pesticides
The stricter regulations on chemical pesticides will results in shifting to natural pesticides such as biopesticides, increasing the growth of the crop protection biochemical’s segments.
Challenges concerning the adoption of GM crops
The adoption of GM crops in many countries has been challenged due to the lack of scientific evidence about the long-term effects of GM crops on human health. The underdeveloped standards for biostimulants have resulted in the marketing of counterfeit and ineffective biostimulant products. The adoption of biostimulants is affected due to the proliferation of these counterfeit products.
For the detailed list of factors that will drive and challenge the growth of the agricultural biotechnology market during the 2018-2022, view our report.
Competitive Landscape
The agricultural biotechnology market is moderately concentrated and the market being in a growth phase, the competition among companies is intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
