Synthetic Biology in Agriculture & Food Market Growing at a Robust 35% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Synthetic Biology in Agriculture & Food Market, The Global Synthetic Biology in Agriculture & Food Market is projected to grow at a CAGR of around 35% during the forecast period, i.e., 2021-26. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Synthetic Biology in Agriculture & Food Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

• Forecast Period: 2021-2026
• CAGR (2021-2026): 35%

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Global Synthetic Biology in Agriculture & Food Market Segmentation Breakdown:

The Synthetic Biology in Agriculture & Food Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Industry
  • Agriculture Industry
  • Food Industry
• By Application
  • Agriculture Industry Application
    • Crop Yield Management
    • Crop Protection
    • Soil Health Management
    • Others
  • Food Industry Application 
    • Food Process Optimization
    • Food Nutrition
    • Food Safety
    • Others
  • By Technology
    • Gene Synthesis
    • Next Generation DNA Sequencing
    • Genome Engineering
    • Bioinformatics Technologies
    • Others
  • By Product
    • Synthetic Microbes
    • Software Tools
    • Bio-Based Specialty Food
    • Others

Geographical Growth Insights:

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Globally, North America dominated the regional segment of the Global Synthetic Biology in Agriculture and Food Industry in 2019 by capturing the largest market share and is expected to retain its leading position over the forecast period too.

MarkNtel Advisors Highlights Key Market Drivers for Synthetic Biology in Agriculture & Food Market:

Increasing Need for High-Quality Food Propels the Market Growth

Synthetic biology is trending in the agriculture & food industries. It is the most sustainable agricultural practice as it produces food with better nutritional quality, long shelf life, and minimum harmful ingredients. It also helps in soil enrichment by using engineered microorganisms acting as biosensors that could detect pathogens or contaminants, eventually resulting in improved quality of food products.

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A Comprehensive Analysis of Leading Companies in Global Synthetic Biology in Agriculture & Food Market

• AgBiome, Inc.
• Agrivida, Inc.
• Arzeda
• Amyris, Inc.
• Bayer AG
• Concentric Agriculture Inc.
• Evolva Holding SA
• Pivot Bio, Inc.
• Benson Hill Biosystems, Inc
• Cibus, Ltd
• Codexis, Inc.
• GINKGO BIOWORKS
• Twist Bioscience

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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