AgroScience Market Report 2025

This AgroScience market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The agroscience market size has grown strongly in recent years. It will grow from $242.52 billion in 2024 to $256.72 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to population growth, climate change, environmental concerns, globalization and trade.

The agroscience market size is expected to see strong growth in the next few years. It will grow to $329.55 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. 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 increasing adoption of sustainable agriculture is anticipated to drive the growth of the agroscience market. Agricultural communities worldwide are transitioning to sustainable practices to conserve and restore essential habitats, protect watersheds, and enhance soil health and water quality. For example, in June 2024, statistics released by the Department for Environment, Food and Rural Affairs, a UK-based government agency, revealed that in the UK, 133 thousand hectares of agricultural land, representing 2.2% of arable land, were utilized for growing bioenergy crops in 2023, with 36% allocated for biofuel production for the road transport sector. Furthermore, 153 million liters of biofuel were generated from UK-grown crops, and in 2022, 6.7 million metric tons of oil equivalent of plant biomass were used for electricity and heat generation. Therefore, the rising adoption of sustainable agriculture is fueling the growth of the agroscience market.

The heightened demand for food crops is anticipated to fuel the expansion of the agroscience market in the foreseeable future. Food crops encompass plants cultivated explicitly for human consumption, and agroscience plays a pivotal role in enhancing their quality, yield, resilience, and genetic traits. For example, according to a report from the UK Government Digital Service in October 2023, the UK's production of wheat, barley, oats, and oilseed rape surged by 8. 5% in 2022, reaching 24 million metric tons, compared to the previous year. Consequently, the substantial demand for food crops drives growth within the broader crop farming market, reflecting the pivotal role of agroscience in optimizing crop production.

Strategic partnerships and collaborations are emerging as a prominent trend in the agroscience market. Major players in the industry are enhancing their research and development efforts through strategic alliances with relevant market participants. For example, in August 2022, BASF SE, a Germany-based chemical company, announced a collaboration with Corteva Agriscience, a US-based agricultural chemical and seed company. This partnership focuses on developing innovative weed control solutions for soybeans by cross-licensing soybean traits and complementary herbicides, offering farmers more flexible and effective options for managing weeds. The collaboration aims to tackle problematic weeds, broaden herbicide-tolerant soybean choices, and capture a share of the global soybean seeds and herbicide markets, with initial product launches anticipated in the early 2030s.

Major companies in the agroscience market are concentrating on developing innovative products, such as meta-diamide insecticides, to provide Indian farmers with an effective, fast-acting solution for controlling resistant insect pests, enhancing productivity, and ensuring long-lasting crop protection. Meta-diamide insecticides, like broflanilide, represent a new class of insecticides that function as GABA receptor antagonists, offering a unique mode of action for pest control with high efficiency and low toxicity. For instance, in April 2022, BASF SE, a Germany-based chemical company, launched Exponus, a new insecticide that uses broflanilide as its active ingredient. This product aims to improve crop protection and productivity while aligning with sustainable farming practices. Broflanilide acts as a GABA-gated chloride channel allosteric modulator, binding to a specific site on the GABA receptor in insects. This interaction disrupts the transmission of normal inhibitory signals, leading to over-excitation of the insect's nervous system and ultimately incapacitating it. It is classified under IRAC Group 30, signifying a novel mode of action with no known cross-resistance to other insecticides.

In a notable development from May 2022, Albaugh LLC, a US-based crop protection company, acquired Rotam Global Agrosciences Limited for an undisclosed sum. Through this acquisition, Albaugh LLC aims to broaden its product portfolio and bolster its services to customers and farmers. Rotam Global Agrosciences Limited, based in Hong Kong, specializes in manufacturing biotechnological products. Albaugh's strategic acquisition of Rotam strengthens its market position by offering a larger share of insecticides and fungicides, along with establishing robust footholds in core herbicides that have proven efficacy. This acquisition signifies Albaugh's strategic move to diversify its product offerings and fortify its presence within the agroscience market, catering to a wider range of agricultural needs and requirements.

Major companies operating in the agroscience market include Agrinos Inc., Nutrien Inc., Arysta LifeScience Corporation (United Phosphorus Ltd.), BASF SE, Corteva Agriscience Inc., Novozymes A/S, BioWorks Inc., Dow AgroSciences LLC, E. I. du Pont de Nemours and Company, Biostadt India Limited, Koppert Biological Systems B. V., Nufarm Limited, Valent BioSciences Corporation, Valagro S. p. A., AgBiTech Pty Ltd, SRT Agro Science Pvt. Ltd., GNP AGROSCIENCES PVT. LTD., Himalaya Agro Science Industries, Green Earth Agro Science, Sigma Agriscience LLC, Eurofins Scientific SE, Bayer AG, Syngenta Group, Deere & Company, Monsanto Company, Trimble Inc., Yara International ASA, Topcon Corporation, AGCO Corporation, Kubota Corporation, FMC Corporation, The Mosaic Company, Valmont Industries Inc., Zoetis Inc., Marrone Bio Innovations Inc., Indigo Agriculture Inc., TerrAvion Inc., Taranis-Visual Ltd., Granular LLC, Resson Aerospace Corporation, Ag Leader Technology Inc., Farmers Edge Inc., Iteris Inc., Agribotix LLC, SlantRange Inc., The Climate Corporation, Sentera LLC.

Agroscience encompasses disciplines related to the production and processing of food and fiber, which includes agronomy, soil science, horticulture, and the scientific study of crop production systems. These sciences involve techniques for cultivating soil, growing and harvesting crops, raising animals, and preparing plant and animal products for human use and consumption.

The primary types of agroscience include biopesticides, biostimulants, and GM (Genetically Modified) seeds. The biopesticide market involves the sales of pesticide products derived from natural materials such as animals, plants, bacteria, and certain minerals. These biopesticides, sourced from acid-based and extract-based biostimulants, find applications in crops, food, and vegetable production.

The agroscience market research report is one of a series of new reports that provides agroscience market statistics, including agroscience industry global market size, regional shares, competitors with market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the agroscience industry. This agroscience market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the agroscience market in 2024. North America is expected to be the largest market in agroscience market. The regions covered in the agroscience market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the agroscience market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The agroscience market includes revenues earned by entities by soil cultivation, crop cultivation and harvesting, and animal production. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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