The key vendors identified for 2021-2025 in the agricultural biotechnology market are BASF SE, Bayer AG, and DuPont de Nemours Inc.
According to Technavio's research analysis, the agricultural biotechnology market size is expected to grow by $ 25.30 bn during 2021-2025. The impact of COVID-19 pandemic on the agricultural biotechnology market is covered in details in the report, including the baseline, optimistic, and pessimistic forecast scenarios.
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The COVID-19 impact report on agricultural biotechnology market offers pre as well as post-COVID-19 market estimates. The report is curated extensively through both qualitative and quantitative research methodologies to derive the most industry-relevant and business-relevant outcomes..
Companies across the globe are focusing on creating a Resilient Business Model in the Face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.
The recovery process involves various phases including:-
- Facilitating changes in process designs by addressing potential Impacts
- Focusing on agile execution of proposed and approved changes.
- Assessing the Impact on Critical IT infrastructure and Software System
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/agricultural-biotechnology-market-industry-analysis
Agricultural Biotechnology Market 2021-2025: Segmentation
Agricultural biotechnology market is segmented as below:
- Application
- Transgenic Seeds
- Crop Protection Biochemicals
- Geography
- North America
- Europe
- APAC
- South America
- MEA
- Technology
- Genome Editing
- DNA Sequencing
- RNAi
- BBiochips And Synthetic Biology
The agricultural biotechnology market is driven by increasing demand for higher crop yield. In addition, other factors such as introducing strong regulatory standards are expected to trigger the agricultural biotechnology market toward witnessing a CAGR of over over10% during the forecast period.
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