Global AgroScience Market
Agriculture

How Will Agro Science Market Grow Through 2024-2033?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

 

The Business Research Company’s AgroScience Global Market Report 2024 offers crucial insights into the agroScience market help businesses analyse and build stronger strategies.

 

 

A Strong Surge in Market Size

  • The agroscience market has witnessed robust growth, with its size poised to rise from $231.08 billion in 2023 to $244.5 billion in 2024, exhibiting a notable CAGR of 5.8%.
  • Contributing factors to historic growth include population expansion, climate change implications, environmental concerns, and the impact of globalization and trade.

 

 

Charting a Path to Future Growth

  • Anticipated growth projections highlight an upward trajectory, with the market expected to reach $306.52 billion by 2028, driven by a CAGR of 5.8%.
  • Future growth drivers include consumer health trends, mounting disease and pest pressures, concerns surrounding food security, and demographic shifts.
  • Notable trends in the forecast period encompass increased investment and funding, digital agriculture innovations, advancements in biotechnology, climate-smart agricultural practices, the rise of vertical farming and controlled environment agriculture, as well as the integration of smart machinery and robotics, AI, and machine learning.

 

 

Agroscience Market Thrives On Escalating Demand For Food Crops

  • The burgeoning demand for food crops serves as a primary catalyst for the agroscience market’s expansion.
  • Agroscience practices play a pivotal role in cultivating and enhancing food crops, augmenting their quality, yield, and resilience to environmental stresses.
  • Illustratively, the UK witnessed a notable increase in wheat, barley, oats, and oilseed rape production in 2022, signaling the market’s responsiveness to food crop demands.

 

 

Read The Full AgroScience Market Report Here:

https://www.thebusinessresearchcompany.com/report/agroscience-global-market-report

 

 

Revolutionizing AgroscienceWith Climate-Adapted Release Technology (CART)

  • Major players within the agroscience domain are spearheading technological innovations such as Climate Adapted Release Technology (CART) to cater to evolving customer needs.
  • CART represents a novel approach to optimize thrips and whiteflies control, adapting to fluctuating environmental conditions.
  • Bioline AgroSciences Ltd.’s launch of CART technology exemplifies the industry’s commitment to enhancing biological control efficacy amid changing environmental dynamics.

 

 

Albaugh LLC Expands Portfolio With Acquisition Of Rotam Global Agrosciences

  • In a strategic move, Albaugh LLC acquired Rotam Global Agrosciences Limited, aiming to bolster its portfolio and cater to a broader spectrum of customer needs.
  • The acquisition strengthens Albaugh LLC’s foothold in insecticides, fungicides, and core herbicides markets, amplifying its service offerings to farmers worldwide.
  • Rotam Global Agrosciences Limited’s expertise in biotechnological products further enhances Albaugh LLC’s competitive edge.

 

 

Segmentation Insights
The agroscience market segmentation encompasses:

  1. By Product: Biopesticides, Biostimulants, GM Seeds
  2. By Active Ingredient: Acid-based biostimulants, Extract-based biostimulants
  3. By Application: Crops, Food & Vegetable

 

 

North America Leads the Charge

  • North America emerged as the dominant region in the agroscience market in 2023, underscoring its pivotal role in shaping industry dynamics and trends.

 

 

Get A Free Sample OnThe Global AgroScience Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=5856&type=smp

 

 

The AgroScience Global Market Report 2024 provides a comprehensive outlook of the agroScience market for the historic years (2010 -2021) and ten years forecast (2023 – 2032).The agroScience market forecast offers a thorough analysis onagroSciencemarket size, agroScience market share,prominent players and their strategies.

 

 

The Table Of Content For The AgroScience Market Include:
1. AgroScience Market Executive Summary
2. AgroScience Market Segments
3. AgroScience Market Size AndAgroScience Market Growth Rate
4. Key AgroScience Market Trends
5. Major AgroScience Market Drivers
……
25. Key Mergers And Acquisitions In The AgroScience Market
26. Top AgroScience Companies
27. AgroScience Market Opportunities And Strategies
28. AgroScience Market, Conclusions And Recommendations
29. Appendix

 

 

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