Agriculture Biotechnology Market Set to Expand Saliently at a Robust CAGR during the Forecast Period
The global Agriculture Biotechnology Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the wearable gaming accessories market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2019-2023.
Global Agriculture Biotechnology Market overview:
The report of global Agriculture Biotechnology Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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The growing demand for Agriculture Biotechnology has provided a major boost to the Global Agriculture Biotechnology Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2019 up to 2023.
The Global Agriculture Biotechnology Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Agriculture Biotechnology Market is sub segmented into Biochips, Deoxy ribonucleic acid (DNS) sequencing, Genome editing tools, Ribonucleic acid interference (RNAI), Synthetic biology. Based on End Use Industry segment, the Agriculture Biotechnology Market is sub segmented into Transgenic crops market, Synthetic biology-enabled products market.
In terms of the geographic analysis, North America is expected to lead the Global Agriculture Biotechnology in the next few years. The high acceptance of the genetically modified crops among the consumers for a better cultivation is considered as one of the key factors, which is predicted to encourage the growth of the North America in the next few years. In addition, the rising investments on research and development activities is another key factor encouraging the growth of the market in the near future. On the other hand, APAC is predicted to register a fast growth in the next few years, thanks to the rising food and bio-based products.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Agriculture Biotechnology Market are ADAMA Agricultural Solutions, Vilmorin, Bayer, Biocentury Transgene, Certis, Dow AgroSciences, Eurofins, Evogene, Global Bio-chem Technology, Syngenta, KWS Saat, Marina Biotech, Monsanto.
Latest Industry Updates:
Bio-chem Technology :-The Global Bio-chem Technology Group Company Limited (“Global Bio-chem” or“the Company”, stock code: 00809) together with its subsidiaries (the “Group”) reported a 28.7 percent year-on-year increase in revenue for the year ended 31 December 2018 (the “Year”) to HK$5,657.7 million. However, due to changes in the agricultural subsidy policy and increased price of corn kernels, the Group’s gross profit and gross profit margin decreased by 57.4 per cent and 9.3 percentage point respectively to approximately HK$259.7 million and 4.6 per cent.
Together with the significant increase in selling expenses and finance cost, the Group recorded a net loss of HK$1,299.2 million as compared to a loss of HK$890.3 million in 2017. The board of directors of Global Bio-chem does not recommend the payment of a final dividend for the Year (2017: nil). The increased revenue of the Group was mainly attributable to the increase in sales volume by 33.5 per cent as a result of the resumption of Harbin production facilities since the end of 2017 and the completion of relocation and commencement of the sweeteners production facilities in the Xinglongshan site.
During the Year, the revenue of the Group’s upstream business surged by 83.5 per cent to approximately HK$2,710.5 million as a result of resumption of upstream corn-refinery in Harbin. However, the rise in the price of corn kernels and the substantial reduction of the corn procurement subsidies entitled to the Group for the Year had driven up the cost of sales of the upstream products substantially. As a result, the gross profit of the Group’s upstream business amounted to approximately HK$43.3 million, down from HK$109.8 million in 2017.
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Table of Contents:
Global Agriculture Biotechnology Market Report 2019
1 Agriculture Biotechnology Definition
2 Global Agriculture Biotechnology Market Major Player Share and Market Overview
3 Major Player Agriculture Biotechnology Business Introduction
4 Global Agriculture Biotechnology Market Segmentation (Region Level)
5 Global Agriculture Biotechnology Market Segmentation (Product Type Level)
6 Global Agriculture Biotechnology Market Segmentation (Industry Level)
7 Global Agriculture Biotechnology Market Segmentation (Channel Level)
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