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Agroscience Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global agroscience market size reached US$ 33.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 53.5 Billion by 2027, exhibiting a growth rate (CAGR) of 8.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Agroscience refers to the multidisciplinary field of biology that studies various agricultural practices. It involves the study of scientific methods of crop production, agronomy, soil science, horticulture, plant pathology, entomology, plant breeding, molecular biotechnology and environmental science. Agroscience is primarily focused on developing agricultural techniques to improve the quality and quantity, along with the production, preservation and packaging of the agriculture produce. It also involves the development of various products, such as biopesticides, biostimulants and genetically modified (GM) seeds, which are commonly used to ensure maximum yield.

Agroscience Industry Trends:

Significant growth in the agriculture industry, along with the increasing adoption of sustainable agricultural practices across the globe, is one of the key factors creating a positive impact on the market. Furthermore, the rapidly increasing global population that is resulting in the rising demand for food products is also providing a boost to the market growth. Apart from this, agricultural scientists are emphasizing on developing solutions to improve the quality of animal feed and biofuels. Additionally, various innovations, such as the development of acid- and extract-based biostimulants to enhance crop quality and promote the development of roots, are acting as other growth-inducing factors. Acid-based biostimulants are manufactured using humic, amino and fulvic acid and protein hydrolysates, while extract-based biostimulants are manufactured using the essence of leaves, roots, and seeds. They are a rich source of growth-enhancing bioactive compounds, phytohormones, amino acid and other nutrients. Other factors, including the implementation of favorable government policies, along with extensive research and development (R&D) activities, are expected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global agroscience market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product.

Breakup by Product:

  • Genetically Modified (GM) Seeds
    • By Trait
      • Herbicide-Tolerant
      • Insect-Resistant
      • Others
    • By Seed Type 
      • Corn
      • Soybean
      • Cotton
      • Canola
      • Others
  • Biopesticides
    • Bioherbicides
    • Bioinsecticides
    • Biofungicides
    • Others
  • Biostimulants
    • Acid-based 
      • Humic Acid
      • Fulvic Acid
      • Amino Acid
    • Extract-based 
      • Seaweed Extract
      • Other Plant Extracts
    • Others
      • Microbial Soil Amendments
      • Chitin & Chitosan
      • Others
         

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Agrinos Inc., Nutrien, Arysta LifeScience Corporation (United Phosphorus Ltd.), BASF, Bayer, Corteva Agriscience, Novozymes (Novo A/S), Sumitomo Chemical and Syngenta (ChemChina).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Agrinos Inc., Nutrien, Arysta LifeScience Corporation (United Phosphorus Ltd.), BASF, Bayer, Corteva Agriscience, Novozymes (Novo A/S), Sumitomo Chemical and Syngenta (ChemChina)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Agroscience Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    Genetically Modified (GM) Seeds
        6.1.1 Market Trends
        6.1.2 Market Breakup by Trait
           6.1.2.1 Herbicide-Tolerant
           6.1.2.2 Insect-Resistant
           6.1.2.3 Others
        6.1.3 Market Breakup by Seed Type
           6.1.3.1 Corn
           6.1.3.2 Soybean
           6.1.3.3 Cotton
           6.1.3.4 Canola
           6.1.3.5 Others
        6.1.4 Market Forecast
    6.2    Biopesticides
        6.2.1 Market Trends
        6.2.2 Market Breakup by Type
           6.2.2.1 Bioherbicides
           6.2.2.2 Bioinsecticides
           6.2.2.3 Biofungicides
           6.2.2.4 Others
        6.2.3 Market Forecast
    6.3    Biostimulants
        6.3.1 Acid-based
           6.3.1.1 Market Trends
           6.3.1.2 Major Types
             6.3.1.2.1 Humic Acid
             6.3.1.2.2 Fulvic Acid
             6.3.1.2.3 Amino Acid
           6.3.1.3 Market Forecast
        6.3.2    Extract-based
           6.3.2.1 Market Trends
           6.3.2.2 Major Types
             6.3.2.2.1 Seaweed Extract
             6.3.2.2.2 Other Plant Extracts
           6.3.2.3 Market Forecast
       6.3.3    Others
          6.3.3.1 Market Trends 
          6.3.3.2 Major Types
             6.3.3.2.1 Microbial Soil Amendments
             6.3.3.2.2 Chitin & Chitosan
             6.3.3.2.3 Others
          6.3.3.3 Market Forecast
7    Market Breakup by Region
    7.1    North America
        7.1.1 United States
           7.1.1.1 Market Trends
           7.1.1.2 Market Forecast
        7.1.2 Canada
           7.1.2.1 Market Trends
           7.1.2.2 Market Forecast
    7.2    Asia Pacific
        7.2.1 China
           7.2.1.1 Market Trends
           7.2.1.2 Market Forecast
        7.2.2 Japan
           7.2.2.1 Market Trends
           7.2.2.2 Market Forecast
        7.2.3 India
           7.2.3.1 Market Trends
           7.2.3.2 Market Forecast
        7.2.4 South Korea
           7.2.4.1 Market Trends
           7.2.4.2 Market Forecast
        7.2.5 Australia
           7.2.5.1 Market Trends
           7.2.5.2 Market Forecast
        7.2.6 Indonesia
           7.2.6.1 Market Trends
           7.2.6.2 Market Forecast
        7.2.7 Others
           7.2.7.1 Market Trends
           7.2.7.2 Market Forecast
    7.3    Europe
        7.3.1 Germany
           7.3.1.1 Market Trends
           7.3.1.2 Market Forecast
        7.3.2 France
           7.3.2.1 Market Trends
           7.3.2.2 Market Forecast
        7.3.3 United Kingdom
           7.3.3.1 Market Trends
           7.3.3.2 Market Forecast
        7.3.4 Italy
           7.3.4.1 Market Trends
           7.3.4.2 Market Forecast
        7.3.5 Spain
           7.3.5.1 Market Trends
           7.3.5.2 Market Forecast
        7.3.6 Russia
           7.3.6.1 Market Trends
           7.3.6.2 Market Forecast
        7.3.7 Others
           7.3.7.1 Market Trends
           7.3.7.2 Market Forecast
    7.4    Latin America
        7.4.1 Brazil
           7.4.1.1 Market Trends
           7.4.1.2 Market Forecast
        7.4.2 Mexico
           7.4.2.1 Market Trends
           7.4.2.2 Market Forecast
        7.4.3 Others
           7.4.3.1 Market Trends
           7.4.3.2 Market Forecast
    7.5    Middle East and Africa
        7.5.1 Market Trends
        7.5.2 Market Breakup by Country
        7.5.3 Market Forecast
8   SWOT Analysis
    8.1    Overview
    8.2    Strengths
    8.3    Weaknesses
    8.4    Opportunities
    8.5    Threats
9   Value Chain Analysis
10  Porters Five Forces Analysis
    10.1    Overview
    10.2    Bargaining Power of Buyers
    10.3    Bargaining Power of Suppliers
    10.4    Degree of Competition
    10.5    Threat of New Entrants
    10.6    Threat of Substitutes
11  Price Analysis
12  Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    Agrinos, Inc.
           12.3.1.1 Company Overview
           12.3.1.2 Product Portfolio
        12.3.2    Arysta LifeScience Corporation (United Phosphorus Ltd.)
           12.3.2.1 Company Overview
           12.3.2.2 Product Portfolio 
        12.3.3    BASF
           12.3.3.1 Company Overview
           12.3.3.2 Product Portfolio 
           12.3.3.3 Financials
           12.3.3.4 SWOT Analysis
        12.3.4    Bayer
           12.3.4.1 Company Overview
           12.3.4.2 Product Portfolio
           12.3.4.3 Financials
           12.3.4.4 SWOT Analysis
        12.3.5    Corteva Agriscience
           12.3.5.1 Company Overview
           12.3.5.2 Product Portfolio 
         12.3.6    Novozymes (Novo A/S)
           12.3.6.1 Company Overview
           12.3.6.2 Product Portfolio 
           12.3.6.3 Financials
           12.3.6.4 SWOT Analysis
        12.3.7    Nutrien
           12.3.7.1 Company Overview
           12.3.7.2 Product Portfolio 
        12.3.8    Sumitomo Chemical
           12.3.8.1 Company Overview
           12.3.8.2 Product Portfolio 
           12.3.8.3 SWOT Analysis
        12.3.9    Syngenta (ChemChina)
           12.3.9.1 Company Overview
           12.3.9.2 Product Portfolio 
           12.3.9.3 SWOT Analysis

List of Figures

Figure 1: Global: Agroscience Market: Major Drivers and Challenges
Figure 2: Global: Agroscience Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Agroscience Market: Breakup by Product (in %), 2021
Figure 4: Global: Agroscience Market: Breakup by Region (in %), 2021
Figure 5: Global: Agroscience Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 6: Global: Agroscience (Genetically Modified (GM) Seeds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 7: Global: Agroscience (GM Seeds) Market: Breakup by Trait (in %), 2021
Figure 8: Global: Agroscience (GM Seeds) Market: Breakup by Seed Type (in %), 2021
Figure 9: Global: Agroscience (Genetically Modified (GM) Seeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Agroscience (Biopesticides) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Agroscience (Biopesticides) Market: Breakup by Type (in %), 2021
Figure 12: Global: Agroscience (Biopesticides) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Agroscience (Biostimulants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Agroscience (Biostimulants) Market: Breakup by Type (in %), 2021
Figure 15: Global: Agroscience (Biostimulants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: North America: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: North America: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: United States: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: United States: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Canada: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Canada: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Asia Pacific: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Asia Pacific: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: China: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: China: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Japan: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Japan: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: South Korea: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: South Korea: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Australia: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Australia: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Indonesia: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Indonesia: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Others: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Others: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Europe: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Europe: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Germany: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Germany: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: France: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: France: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United Kingdom: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United Kingdom: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Italy: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Italy: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Spain: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Spain: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Russia: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Russia: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Latin America: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Latin America: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Brazil: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Brazil: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Mexico: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Mexico: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Middle East and Africa: Agroscience Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Middle East and Africa: Agroscience Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Global: Agroscience Industry: SWOT Analysis
Figure 65: Global: Agroscience Industry: Value Chain Analysis
Figure 66: Global: Agroscience Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Agroscience Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Agroscience Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Agroscience Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 4: Global: Agroscience Market Structure
Table 5: Global: Agroscience Market: Key Players


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Key Questions Answered in This Report

The global agroscience market reached a value of US$ 202.9 Billion in 2021.

Significant growth in the agriculture industry, along with the increasing adoption of sustainable agricultural practices across the globe, are some of the factors catalyzing the global agroscience market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in numerous R&D activities pertaining to agroscience. 

Based on the product, the global agroscience market can be categorized into genetically modified (GM) seeds, biopesticides, and biostimulants. Among these, genetically modified (GM) seeds currently hold the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market. 

Some of the major players in the global agroscience market include Agrinos Inc., Nutrien, Arysta LifeScience Corporation (United Phosphorus Ltd.), BASF, Bayer, Corteva Agriscience, Novozymes (Novo A/S), Sumitomo Chemical, and Syngenta (ChemChina).

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