Global AgroScience Market 2024 Size, Share, Growth And Future Market Insights Report | |
According to The Business Research Company’s AgroScience, The agroscience market size has grown strongly in recent years. It will grow from $231.08 billion in 2024 to $244.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to population growth, climate change, environmental concerns, globalization and trade. Learn More On The agroscience Market: https://www.thebusinessresearchcompany.com/report/agroscience-global-market-report The agroscience market size is expected to see strong growth in the next few years. It will grow to $306.52 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to consumer health and wellness trends, disease and pest pressure, food security concerns, demographic shifts. Major trends in the forecast period include investment and funding, digital agriculture and precision farming, biotechnology advancements, climate-smart agriculture, vertical farming and controlled environment agriculture, smart machinery and robotics, ai and machine learning.The growing adoption of sustainable agriculture is expected to propel the growth of the agroscience market. Agricultural communities across the globe are shifting towards sustainable agricultural practices to preserve and restore critical habitats, help protect watersheds, and improve soil health and water quality. For instance, in October 2021, the Agoro Carbon Alliance, the first sustainable agriculture programme backed by Yara, one of the global agriculture leaders in crop nutrition, was launched in India. The Agoro Carbon Alliance aims to create a more sustainable and profitable food future. Therefore, the growing adoption of sustainable agriculture is driving the growth of the agroscience market. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=5856&type=smp The agroscience market covered in this report is segmented – 1) By Product: Biopesticides, Biostimulants, GM Seeds 2) By Active Ingredient: Acid-based biostimulants, Extract-based biostimulants 3) By Application: Crops, Food & Vegetable Strategic partnerships and collaborations are a key trend gaining popularity in the agroscience market. The key players in the market are expanding their research and development activities through strategic collaborations and partnerships with relevant players in the market. For instance, in April 2021, Corteva Agriscience, a US-based agricultural chemical and seed company, collaborated with a US-based biotechnology company, Ginkgo Bioworks. As part of the collaboration, Ginkgo's cell engineering platform and DNA codebase are being combined with Corteva's natural product development and agricultural expertise to explore the next generation of organically inspired sustainable solutions. The agroscience market report table of contents includes: 1. Executive Summary 2. AgroScience Market Characteristics 3. AgroScience Market Trends And Strategies 4. AgroScience Market - Macro Economic Scenario 5. Global AgroScience Market Size and Growth ..... 31. Global AgroScience Market Competitive Benchmarking 32. Global AgroScience Market Competitive Dashboard 33. Key Mergers And Acquisitions In The AgroScience Market 34. AgroScience Market Future Outlook and Potential Analysis 35. Appendix | |
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