Market Size of Agriculture CRO Services Industry
| 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.
