Agriculture CRO Services Market Size
| Study Period | 2019-2029 |
| Market Size (2024) | USD 11.95 Billion |
| Market Size (2029) | USD 21.85 Billion |
| CAGR (2024 - 2029) | 12.80 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Agriculture CRO Services Market Analysis
The Agriculture CRO Services Market size is estimated at USD 11.95 billion in 2024, and is expected to reach USD 21.85 billion by 2029, growing at a CAGR of 12.80% during the forecast period (2024-2029).
There has been a considerable rise in the demand for agriculture CRO (contract research organization) services, primarily in the agrochemical industry. Agrochemical manufacturers adopt CRO services to optimize efficiency and effectiveness through better product development and understanding of market requirements. This further helps them to remain competitive in the industry and create a positional foothold in the market. Other than this, CRO services facilitate the integration of advanced technologies, such as Artificial Intelligence, automation, and robotics, in agriculture practices. This, along with the rising adoption of smart agriculture, is further boosting the market growth. Moreover, prominent players are adopting strategies, such as expansion, partnerships, and product innovation, to strengthen their position in the market. For instance, in 2023, Eurofins Agroscience Services expanded its Seeds Services Portfolio to address market needs. Under this portfolio, the company established a seed processing unit comprising a cleaning and sorting physical tuning service, a seed coating service for parental lines, and an early-stage hybrid of field and vegetable crops.
Agriculture CRO Services Market Trends
Fertilizer is the Biggest Sector for CRO Services
Fertilizer companies often require specialized expertise, facilities, and equipment for testing and development, which can be cost-intensive to maintain in-house. Outsourcing these services to CROs enables them to focus on core activities while benefiting from specialized resources. Therefore, fertilizer companies rely on CRO services to enhance research and development activities, expedite product development, conduct trials, and navigate regulatory requirements. The ever-increasing demand for improved fertilizers and the need for efficient testing to comply with regulatory standards drive the market for CRO services in the agriculture sector. Furthermore, advancements in testing methodologies, such as molecular biology techniques to analyze fertilizer composition and efficacy, further amplify the capabilities of CROs and their value proposition to fertilizer companies. The utilization of such techniques also aids in the identification of key ingredients and the optimization of their concentrations to deliver the desired results.
North America is the Largest Market
Different countries in the region have specific set-ups or systems functioning, which require support from entities like CRO to understand and function harmoniously with such set-ups. For instance, several ecosystems in the Eastern Region of the United States have successful union organizations among farm workers. To operate and be successful with such organizational setups, agricultural input companies require the help of CRO services for better placement of their products and work in collaboration with farmers and farm workers. In Canada, population growth and declining availability of arable land have driven advancements and innovations in the agrochemical sector. The market stakeholders are actively involved in importing and exporting agrochemicals in Canada and, hence, require solid regulatory support from the agriculture CRO services. Moreover, market players have explored new technologies and procedures in past years to enhance the approach and effectiveness of CRO services in the region. For example, in 2022, SynTech Research started working with agave growers in Mexico to provide the necessary data for successfully registering various agave cultivation products. Various Agave GLP trials have been completed successfully by SynTech in Jalisco since 2022.
Agriculture CRO Services Industry Overview
The agricultural CRO services market is consolidated, with major players occupying most of the market share. Expansion was the primary strategy adopted by prominent market players to retain their position in the market. The key players also adopted partnerships to increase their market share. Some key players in the market include Eurofins Agrosciences, Intertek Group plc, Charles River Laboratories, The ERM International Group Limited, and Exponent Inc.
Agriculture CRO Services Market Leaders
Eurofins Agrosciences
Intertek Group plc
Charles River Laboratories
The ERM International Group Limited
Exponent Inc
*Disclaimer: Major Players sorted in no particular order
Agriculture CRO Services Market News
- October 2023: SAI Global, a leading EHS software solutions vendor, joined forces with ERM International Group Limited to create an ecosystem of EHS innovation and best practice delivery. The new partnership provides technology and expertise and elevates innovative and best-practice EHS solutions to customers.
- January 2023: The Colombian Institute of Agriculture (ICA) granted SynTech Research Group an Agronomic Evaluation Unit to be performed anywhere in the country. With this, the company can carry out seed development and registration testing services throughout the country.
- October 2022: Eurofins Agrosciences and DELTAGee entered a strategic partnership to provide customized Trait Introgression services to plant breeders based on tailored and optimized protocols that improve time to market, product performance, and return on investment.
Agriculture CRO Services Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Need for Custom Product Development
4.2.2 Use of CROs for Regulatory Services
4.3 Market Restraints
4.3.1 Data and Cyber Security Concerns
4.3.2 Lack of Experts and Professionals in this Industry
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Service Type
5.1.1 Field Services
5.1.2 Laboratory Services
5.1.3 Regulatory Services
5.1.4 Other Services
5.2 Sector
5.2.1 Crop Protection Chemicals
5.2.2 Fertilizers
5.2.3 Seeds
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest Of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Rest of NA
5.3.3 Latin America
5.3.3.1 Brazil
5.3.3.2 Argentina
5.3.3.3 Chile
5.3.3.4 Rest of Latin America
5.3.4 Africa
5.3.4.1 South Africa
5.3.4.2 Tunisia
5.3.4.3 Morocco
5.3.4.4 Rest of Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Eurofins Scientific
6.3.2 Syntech Research Group
6.3.3 Anadiag Group
6.3.4 Knoell
6.3.5 Technology Sciences Group Consulting Limited
6.3.6 The Erm International Group Limited
6.3.7 Exponent Inc.
6.3.8 Ies Limited (i2l Research Limited)
6.3.9 Charles River Laboratories
6.3.10 Ibacon Gmbh
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Agriculture CRO Services Industry Segmentation
Agriculture CRO services are opted for by agriculture input manufacturers on a contract basis for conducting research and development activities to enhance their operations, products, services, and business.
The Agriculture CRO Services Market is Segmented by Service Type (Field Services, Laboratory Services, Regulatory Services, and Other Services), Sector (Crop Protection Chemicals, Fertilizers, and Seeds), and Geography (North America, Europe, Latin America, and Africa). The Report Offers the Market Sizes and Forecasts in Value (USD) for the Above Segments.
| Service Type | |
| Field Services | |
| Laboratory Services | |
| Regulatory Services | |
| Other Services |
| Sector | |
| Crop Protection Chemicals | |
| Fertilizers | |
| Seeds |
| Geography | |||||||
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Agriculture CRO Services Market Research FAQs
How big is the Agriculture CRO Services Market?
The Agriculture CRO Services Market size is expected to reach USD 11.95 billion in 2024 and grow at a CAGR of 12.80% to reach USD 21.85 billion by 2029.
What is the current Agriculture CRO Services Market size?
In 2024, the Agriculture CRO Services Market size is expected to reach USD 11.95 billion.
Who are the key players in Agriculture CRO Services Market?
Eurofins Agrosciences, Intertek Group plc, Charles River Laboratories, The ERM International Group Limited and Exponent Inc are the major companies operating in the Agriculture CRO Services Market.
Which is the fastest growing region in Agriculture CRO Services Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Agriculture CRO Services Market?
In 2024, the North America accounts for the largest market share in Agriculture CRO Services Market.
What years does this Agriculture CRO Services Market cover, and what was the market size in 2023?
In 2023, the Agriculture CRO Services Market size was estimated at USD 10.42 billion. The report covers the Agriculture CRO Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agriculture CRO Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Agriculture CRO Services Industry Report
Statistics for the 2024 Agriculture CRO Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Agriculture CRO Services analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
