Synthetic biology in agriculture and food involves applying principles of genetic engineering and biotechnology to create or modify organisms, such as crops and microorganisms, for agricultural and food-related purposes. This field aims to develop more resilient and productive crops, enhance food production, improve nutritional content, and streamline food processing. By designing and manipulating genetic material, scientists can create tailored solutions to address challenges like food security, sustainability, and nutrition in the agricultural and food industries.

The global synthetic biology in agriculture and food market is projected to grow from $3.20 billion in 2020 to $14.12 billion by 2025, at a CAGR 34.56% from 2020 to 2025. The growth in synthetic biology in agriculture and food market is expected to be driven by the increasing need for global food security, increasing consumer awareness about high nutritional food, and rising capital investments for synthetic biology research.

The increasing global population and shrinking in the agriculture land is also impacting agricultural production. With the growing disposable income across urban populations, the demand for fresh, healthy, and nutritious food is surging rapidly. Moreover, the United Nations has urged the governments across all countries to ensure the availability of enough food for everyone by assigning the issue as a part of the sustainable development goals. Biotechnology players operating in the agriculture and food sector are focusing on research and development to improve the operational capabilities for cost-effective commercial establishments.

Gene Synthesis: Frontrunner in Synthetic Biology in Agriculture and Food Technologies

The agriculture and food industry are increasingly focusing on adopting innovative technologies to drive down the operational cost in order to attain profitability. Synthetic biology includes the utilization of all such technologies to engineer the microorganisms, thereby providing all the stakeholders in the agriculture and food industry to improve the crop yield and enhance the nutrition quality of the food. In 2020, gene synthesis technology is expected to represent the highest share amongst all synthetic biology technologies across the countries.

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Synthetic Microbes Offer to Maximize the Growth of Synthetic Biology in Agriculture and Food Market

In terms of the adoption of products based on synthetic biology, synthetic microbes are adopted highly by the agriculture companies to make an innovative product that has applications, such as nitrogen fixation, improving soil health, and provide resistance from diseases and pests. Additionally, bio-based specialty food is also gaining momentum and has the highest growth rate in the next five years, owing to increasing demand for high-quality nutritional food.

Crop Yield Management Application Finds Wide Adoption for Synthetic Biology Solutions

Major application areas of synthetic biology include crop yield management, improved disease and pest resistance, and improved soil health, among others. The management of the crop yield application segment represents the most significant application market for synthetic biology. Synthetic biology-based products can efficiently manage the crop yield by eliminating the environmental impact. During the forecast period, applications such as increased disease and pest resistance, are expected to display maximum growth.

North America Leading the Global Synthetic Biology in Agriculture and Food Market

The governing trends of synthetic biology in agriculture and food market vary across different regions. The synthetic biology in agriculture and food market holds a prominent share in various countries of North America, Europe, Asia-Pacific and Japan, among others. In 2020, North America is expected to be at the forefront of the market, with large market concentration in the U.S.

During the forecast period 2020-2025, the Asia-Pacific and Japan region is expected to flourish as one of the most lucrative markets for synthetic biology in agriculture and food. Asia-Pacific and Japan region is expected to exhibit significant growth opportunities for synthetic biology due to the increased optimism in the economic conditions of these countries.

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The countries in this region present immense scope for market development, owing to the increasing urban population size, growing market penetration of advanced technologies, favorable government investments on the adaptation of innovative farming technologies.

Competitive Landscape

The competitive landscape of synthetic biology in agriculture and food market consists of different strategies undertaken by major players across the industry to gain market presence.

The competitive landscape for synthetic biology in agriculture and food market demonstrates an inclination toward companies adopting strategies, such as product launch and development and partnerships, collaborations, and joint ventures. The major established players in the market focus on partnerships, collaborations, and joint ventures to introduce new technologies or develop further on the existing product portfolio. BASF SE, Bayer AG, Precigen, Inc., Amyris, Gingko Bioworks, Pivot Bio, Mosa Meat, and Twist Bioscience are some of the prominent players in the synthetic biology in agriculture and food market. The market is highly fragmented with the presence of a large number of small- to medium-sized companies that compete with each other and the large enterprises.

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