Thursday, April 3, 2025

Plant Biotechnology Market: Latest Trends, Growth Drivers, and Forecast

 The plant biotechnology market size is estimated at USD 51.73 billion in 2025 and is projected to reach USD 76.79 billion by 2030, at a CAGR of 8.2% from 2025 to 2030. Biotechnology of plants has changed the development of crops through the application of advanced genetic engineering techniques. These technologies have been effective in developing GM crops that enhance agricultural productivity without compromising environmental safety. These new biotechnological techniques tackle the most urgent global food production issues by designing more sustainable and productive farming solutions. The three pillars of agriculture—sustainability, scientific advancements, and the pressing need to make the world habitable—shape its future. Beyond transforming food production, emerging biotechnological methods are influencing agriculture on a larger scale. These innovations offer the potential for a more productive and sustainable agricultural system, bridging the gap between groundbreaking research and practical implementation to address global nutritional demands.

Plant Biotechnology Market

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The biotech seeds/traits segment holds the highest market share in the product segment of the plant biotechnology market.

Biotech seeds, also known as genetically modified (GM) or genetically engineered (GE) seeds, are a cornerstone of modern plant biotechnology. These seeds have been developed using advanced genetic engineering techniques to introduce specific traits that enhance crop productivity, resistance to pests and diseases, tolerance to herbicides, and resilience against environmental stress. The use of biotech seeds has significantly transformed global agriculture, helping farmers increase yields, reduce input costs, and adopt more sustainable farming practices. The global demand for biotech seeds continues to rise due to increasing food security concerns, climate change, and the need to optimize agricultural land use.

By technology, genetic engineering is a segment to hold significant market share during the forecast period.

Genetic engineering enhances crop resistance to environmental stresses and minimizes the need for pesticides, fungicides, and fertilizers. Particular genetic changes can be introduced to include useful agronomic traits from related or unrelated species. In addition, genetic alteration of a plant adjusts its already inherited genetic make-up through processes such as knockout of genes, knocking down, or overexpression. Genetic modifications improve crops by enhancing desirable traits and reducing unwanted characteristics. Regulatory agencies like the FDA, EPA, and USDA conduct thorough safety assessments, ensuring genetically modified foods minimize health risks while promoting stress-resistant, high-yield crops with reduced agrochemical reliance.

Asia Pacific dominates the plant biotechnology market share.

The Asia-Pacific region, which comprises countries such as China, India, Japan, Australia, and New Zealand, is the focal point of global agriculture. With a high proportion of the world's population in this region, it is faced with the pressing challenge of ensuring food security amidst limited arable land and changing climatic trends. Biotechnology has become a key tool in fighting these challenges, with new ways in plant cultivation, biological crop protection, and the production of biotech seeds that have greater tolerance to environmental stresses.

The report profiles key players such as BASF SE (Germany), Bayer AG (Germany), Corteva Agroscience (US), Syngenta AG (Switzerland), FMC Corporation (US), UPL (India), Sumitomo Chemical Co. Ltd. (Japan), Nufarm (Australia), KWS SAAT SE & Co. KGAA (Germany), Pro Farm Group (US), Limagrain (France), STK Bio AG Technologies (Israel), Vestaron Corporation (US), Certis USA LLC (US), and DLF Seeds (Denmark).