Market Overview - The global agriculture biotechnology market was valued at USD 84.39 billion in 2024 and is projected to reach USD 144.25 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.4% during 2025–2030 [1][3] - Market growth is driven by the rising adoption of genetically modified (GM) crops, microbial biofertilizers, animal vaccines, and sustainable biotechnology-based agricultural inputs aimed at improving productivity and resilience [1][5] Regional Insights - North America currently leads the market, supported by a strong regulatory framework, continuous technological innovation, and the presence of major industry players such as Bayer, Corteva, BASF, and Novonesis [3][12] - Asia Pacific is emerging as the fastest-growing region, driven by rapid biotechnology adoption in countries including India, China, and Australia, along with favorable government initiatives promoting bio-based agriculture [3][12] Key Drivers - The agriculture biotechnology market is primarily driven by the increasing global demand for sustainable and efficient food production systems due to rapid population growth, declining arable land availability, and changing climatic conditions [5][6] - Significant technological advancements in genetic engineering, genome editing (CRISPR-Cas9), and microbial biotechnology are enabling the development of stress-tolerant crops, biofertilizers, and biopesticides [6][9] Market Segmentation - Plant biotechnology and microbial biotechnology segments are expected to account for a significant share of the agriculture biotechnology market, with plant biotechnology remaining dominant due to widespread adoption of GM crops [8][9] - The animal biotechnology segment is expected to register the fastest growth during the forecast period, supported by increasing focus on livestock health, productivity improvement, and sustainable protein production [10][11] Future Outlook - The agriculture biotechnology market is poised for robust growth in the next five years, driven by the convergence of biology, data, and sustainability [15][17] - Key predictions include continued growth in microbial biofertilizers and biostimulants, expansion of gene-editing technologies across commercial crops, and greater adoption of AI-enabled precision agriculture [17]