The global agricultural biotechnology market size was valued at USD 151.23 billion in 2024 and is projected to reach USD 212.57 billion by 2030, growing at a CAGR of 7.1% from 2025 to 2030. This robust growth is largely driven by significant advancements in gene editing technologies, particularly the revolutionary CRISPR-Cas9 technique, which enables precise modifications in crop genomes. These innovations enhance the crops' ability to withstand pests and various environmental stressors such as drought, extreme temperatures, and soil salinity, thereby substantially boosting agricultural yields and productivity.

Moreover, there is a growing emphasis on sustainable farming practices globally, which further propels the demand for agricultural biotechnology solutions. Farmers and agricultural stakeholders are increasingly seeking alternatives that reduce reliance on chemical pesticides and fertilizers, aiming for eco-friendly approaches that minimize environmental impact while maintaining crop output. This trend aligns with the broader push for environmental sustainability in the agriculture sector.

Additionally, rising consumer awareness concerning food safety, health, and environmental impact is playing a pivotal role in accelerating the adoption of biotech products and techniques. Consumers are becoming more discerning about the origins and quality of their food, favoring products developed through technologies that promote sustainability and reduce harmful chemical residues.

Agricultural biotechnology, commonly referred to as aggrotech, encompasses a diverse array of scientific techniques and tools designed to modify and improve living organisms such as plants, animals, and microorganisms. These technologies include molecular markers, tissue culture, and genetic engineering, all of which contribute to developing crops with enhanced characteristics. These desirable traits include improved crop yield, resistance to pests and diseases, and enhanced nutritional profiles, ultimately contributing to food security and better agricultural sustainability worldwide.

Key Market Trends & Insights:

• The North America agricultural biotechnology market is projected to expand steadily, exhibiting a compound annual growth rate (CAGR) of 7.1% over the forecast period. This growth reflects the region’s ongoing investments in research and development, adoption of advanced biotech solutions, and strong regulatory support, all of which contribute to enhancing agricultural productivity and sustainability.

• In contrast, the Asia Pacific agricultural biotechnology market currently dominates the global market, having secured the largest revenue share of 31.5% in 2024. This leadership position is driven by several factors including rapid agricultural modernization, increasing demand for food due to population growth, and substantial government initiatives aimed at promoting biotechnology adoption across countries like China, India, and Australia. The region’s diverse climatic conditions also create a need for crop varieties that are more resilient to environmental stressors, further boosting market demand.

• When segmented by organism type, the plants segment led the market and captured the largest revenue share of 42.1% in 2024. This dominance is due to the widespread use of plant biotechnology techniques such as genetic modification and tissue culture to improve crop yields, enhance resistance to pests and diseases, and improve nutritional quality. The emphasis on improving staple crops to ensure food security remains a critical driver for this segment’s growth.

• In terms of application, the segment involving transgenic crops and animals held a leading position with the highest revenue share of 24.4% in 2024. Transgenic organisms, which have had genes from other species introduced into their DNA, are increasingly utilized to develop crops and livestock with desirable traits such as pest resistance, higher productivity, and improved nutritional profiles. The ability to engineer such traits has made this segment a key contributor to the overall growth of the agricultural biotechnology market.

Order a free sample PDF of the Agricultural Biotechnology Market Intelligence Study, published by Grand View Research.

Market Size & Forecast:

• 2024 Market Size: USD 151.23 Billion

• 2030 Projected Market Size: USD 212.57 Billion

• CAGR (2025-2030): 7.1%

• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights:

Key players in the global agricultural biotechnology industry include prominent companies such as Bayer AG, Corteva, Syngenta, among others. These organizations are actively pursuing a variety of strategic initiatives designed to strengthen their competitive positions within the market. One of the primary approaches involves substantial investments in research and development (R&D), which enables them to continuously innovate and broaden their product portfolios, addressing the ever-evolving demands of agriculture worldwide.

Moreover, these companies frequently engage in collaborations and partnerships with other firms, universities, and research institutions. Such alliances foster the exchange of knowledge and provide access to cutting-edge technologies, accelerating the development of new agricultural biotech solutions. This collaborative environment is crucial for driving innovation and overcoming complex challenges faced by the agricultural sector.

Additionally, maintaining strict regulatory compliance remains a key focus area for these companies. Ensuring that new biotechnology products meet the necessary safety and efficacy standards helps facilitate their timely approval and market introduction. Alongside regulatory efforts, these firms actively work with various stakeholders—including farmers, policymakers, and consumers—to raise awareness about the benefits of agricultural biotechnology, particularly its role in supporting sustainable farming practices that can meet the growing global food demand while minimizing environmental impact.

Taking Bayer AG as a prime example, the company produces a diverse array of products ranging from genetically modified seeds to crop protection chemicals and biological solutions. These offerings are designed to boost agricultural productivity and promote sustainability. Bayer’s primary focus lies within the crop protection and seed segments, where it leverages its extensive R&D capabilities to develop new hybrid varieties and genetic traits that cater to the changing needs of farmers and agriculture worldwide.

Another notable company, Evogene, specializes in the development of advanced technologies aimed at enhancing crop productivity and sustainability. The company’s efforts are concentrated on creating products that improve specific plant traits through genetic engineering—traits such as drought resistance and pest tolerance. Within the agricultural biotechnology landscape, Evogene employs computational biology and machine learning techniques to expedite the identification and development of new beneficial traits. This innovative approach enables the company to deliver novel solutions that address some of the most critical challenges faced by modern agriculture, helping farmers increase yields and sustainability.

Key Players

• BASF SE

• Bayer AG

• ADAMA Agriculture Solution

• Corteva

• Syngenta

• Evogene

• DuPont

• Vilmorin

• Isagro SPA

• Benson Hil

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion:

The agricultural biotechnology market is expected to experience steady growth driven by technological advancements in gene editing and genetic engineering, which enhance crop resilience and productivity. Increasing demand for sustainable farming practices and growing consumer awareness about food safety and environmental impact are key factors propelling market expansion. Major players continue to focus on innovation, strategic partnerships, and regulatory compliance to strengthen their market position. The market’s future growth will be shaped by ongoing research, adoption of advanced biotechnologies, and the global push towards sustainable agriculture.