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Agricultural Biotechnology Market report offers the clients with a unique opportunity that can drive them to higher levels of success and to great achievement. The Agricultural Biotechnology Market report is created for clients by our analysts for resulting in best future planning of their business or start-up. The Agricultural Biotechnology Market report consists of the revenues, retail and wholesale, royalty, profits, incentives, and other factors, of the major players. This report proves to be best for a business plan and intends to maximize the rewards for effort and provides substantial and ongoing income. Along with that this report also offers the product sales done by the contenders of the Agricultural Biotechnology Market.

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The use of biotechnological sciences is prevalent in many sectors. The agricultural biotechnology market can be categorized into two main segments: transgenic seeds and crop protection techniques. The application of biotechnology in the agricultural field helps in developing plants, animals and other living beings, by modifying them genetically, which can increase the productivity of crops (transgenic or genetically modified). It can also protect crops from destructive diseases. It is an innovative technology which has proven to be cost effective for the production of crops. With the rising population across the world, clearly theres a requirement for more food production, which is mostly dependent on farming.

There is a gap between the demand of food grains and their supply. This method of crop production results in more varieties of crops, with a higher yield, which is high in nutritional value and resistant to pests, giving a longer shelf life to the products. Some of the major crops being produced by genetic modification are soybean, corn, and potato. Apart from food consumption, this technology is also used to meet the demand for biofuels. Seed manufacturing companies like Monsanto (US), DuPont (US), Sakata (Japan) etc. are major producers of corn, which is used as biofuel and in the production of bio-plastic. The rising per capita income and decreasing area of cultivatable land are other factors promoting the growth of the global agricultural biotechnology industry.

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North America dominated the production of genetically modified crops in 2015. There is more awareness and acceptance of this kind of crop production in American countries, along with supportive governmental laws and regulations. Major production companies are based in this region, which are heavily investing in the research and development of agricultural biotechnology. North America is expected to maintain its dominance throughout the forecast period and drive this market towards further growth. The Asia Pacific region is also witnessing a tremendous growth in the agricultural biotechnology market due to its rising population, and the demand for food and biotechnology based products.

This region is rapidly adapting modern techniques for farming. Genetically modified golden, pest resistant biotech wheat, and insect resistant biotech mustard are some of the crops that are being mass produced for consumption in this region. However, the European market is hesitant to the production of genetically modified crops. The European Union has developed and implemented a complex policy framework, since the 1990s, which has slowed down and limited the research and development of genetically modified crops. These regulations are likely to hinder the growth of the global agricultural biotechnology market in this region.

Syngenta AG, Monsanto, DuPont, Performance Plants Inc., Global Bio-Chem Technology Group, and ADAMA Agricultural Solutions are some of the key players in this industry.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Agricultural Biotechnology Market 2020 Growing Technology Trends, Demand and Business Opportunities by 2025 - Chronicle 99

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