Drought Resistant Crops Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Crop Type (Corn/Maize, Soyabean, Cotton, Canola, Others), By Distribution Channel (Online and Offline), By Region and Competition

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 110.21 Million

CAGR (2023-2028)

6.57%

Fastest Growing Segment

Corn

Largest Market

North America

 

Market Overview

Global Drought Resistant Crops Market has valued at USD 110.21 Million in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.57% through 2028. Drought-resistant crops, also known as xerophytes, are a specific category of plants that have been genetically engineered or naturally adapted to endure extended periods of water scarcity. These remarkable crops possess unique characteristics that enable them to thrive in arid and drought-prone environments. Some drought-resistant plants even have specialized tissues that can store water during dry spells, ensuring their survival in harsh conditions. The significance of drought-resistant plants goes beyond their ability to survive in challenging environments. They play a pivotal role in ensuring food security and sustainable agriculture practices in regions prone to drought and water scarcity. By cultivating and utilizing these resilient crops, farmers can mitigate the impact of water shortages on crop production and maintain a stable food supply for communities affected by drought.

Drought-resistant crops possess remarkable adaptations that allow them to thrive in water-limited conditions. Their unique characteristics and ability to withstand prolonged periods of water shortage make them invaluable contributors to food security and sustainable farming practices in drought-prone regions.

Key Market Drivers

Technological Advancements in Genetic Engineering & Plant Breeding Techniques

Technological advancements in the field of genetic engineering and plant breeding techniques have catalyzed a surge in demand for drought-resistant crops globally. These innovations enable scientists to manipulate plant genomes to enhance their resistance to harsh weather conditions, particularly droughts. The exponential impact of climate change and increasing water scarcity have amplified the importance of drought-resistant crops. They offer a viable solution to maintaining food security and agricultural productivity, even in severe weather conditions. Genetically engineered crops, such as corn and wheat, have demonstrated increased resilience to water scarcity and have shown improved productivity in water-stressed environments. The global population's rapid growth, coupled with the urgent need to reduce the agricultural sector's water footprint, is expected to further propel the demand for these scientifically enhanced crops. These advancements not only promise to revolutionize agriculture but also present a sustainable and efficient method to meet the world's escalating food demand amidst fluctuating climate patterns.

Reduction in Water Resources

The increasing scarcity of water resources around the globe is projected to bolster the demand for drought-resistant crops. Population growth, urbanization, and climate change are significantly contributing to water shortage, making the cultivation of traditional crop varieties challenging in many regions. Drought-resistant crops, engineered to thrive with less water, are expected to be a key solution to this escalating concern. These crops are genetically modified to have adaptive traits such as deep root systems and improved stomatal regulation, enabling them to survive in arid conditions. Moreover, their ability to grow with minimal water decreases the dependence on irrigation, thereby conserving water resources. This potential for water conservation is particularly critical for agriculture-dominated economies where water scarcity can hinder food production, impacting both local livelihoods and global food supply chains. Furthermore, the adoption of drought-resistant crops can alleviate the environmental stress caused by over-extraction of water resources, thus encouraging sustainability. Consequently, as water scarcity becomes more pronounced, the global demand for these resilient crop varieties is expected to surge. The transition to drought-resistant crops represents a fundamental shift in agriculture, one that could redefine food security in a world grappling with increasingly scarce water resources.

Changes in Global Climate Patterns

Global climate patterns are changing at an unprecedented rate, significantly affecting agricultural productivity. As global temperatures rise, prolonged periods of drought are expected to become more frequent, leading to a growing demand for drought-resistant crops worldwide. These crops are genetically designed to withstand water shortages, ensuring food security in the face of climate change. Regions primarily dependent on agriculture, such as Sub-Saharan Africa and South Asia, already experience critical water shortages. Drought-resistant crops offer a lifeline to these regions, promoting resilience against climate-induced food crises.

Furthermore, the increasing unpredictability of rainfall patterns, particularly in arid and semi-arid regions, is exacerbating water scarcity. This unpredictability necessitates the development and widespread adoption of drought-resistant crops. These crops not only ensure a stable food supply but also protect farmers against extreme weather-induced economic losses. In the face of these challenges, researchers and agricultural scientists are intensifying efforts to breed new varieties of drought-resistant crops. With advancements in biotechnology, crops like corn, wheat, and rice are being engineered to become more tolerant to water scarcity. These innovations are expected to play a crucial role in securing global food supplies as climate change continues to intensify. The demand for drought-resistant crops is thus likely to surge in the coming years, driven by the increasing vulnerability of traditional agriculture to changing climate patterns. This trend underscores the urgency of investing in climate-smart agriculture to safeguard global food security and rural livelihoods.

Rising Concerns Over Global Food Security

Rising concerns over global food security are anticipated to drive the demand for drought-resistant crops worldwide. As the global population continues to grow, the need to ensure a reliable food supply becomes increasingly urgent. Climate change, characterized by erratic weather patterns and extended periods of drought, puts traditional agriculture and food production at risk. Drought-resistant crops, genetically engineered to survive in arid conditions, emerge as a promising solution to this challenge. These innovative crops can thrive with minimal water, making them ideal for cultivation in regions severely impacted by climate change. Moreover, they hold the potential to minimize the reliance on unsustainable irrigation practices that deplete water resources. As such, these crops represent a critical strategy in the fight against global food insecurity, engendering a forecasted surge in demand. This increase in demand will be accompanied by enhanced research and development efforts aimed at improving the resilience and yield of these drought-tolerant varieties.

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Key Market Challenges

High Research & Development Costs

High Research and Development (R&D) costs are a significant factor anticipated to decrease the global demand for Drought Resistant Crops. The creation of drought-resistant crops involves intricate bioengineering processes and extensive laboratory testing, which inherently demand substantial financial investments. In many instances, the R&D costs outweigh the potential profits, particularly in developing economies where farmers' purchasing power is limited. Furthermore, these high costs deter small and medium enterprises from entering the market, limiting competition and innovation. The subsequent high market prices for these genetically modified crops could deter farmers, especially those operating on smaller scales, from adopting such technology. Consequently, this might lead to a decrease in the global demand for drought-resistant crops, despite their potential benefits for agricultural productivity amid climate change. The need for a balance between profitability and affordability thus becomes a pivotal factor in the widespread adoption of drought-resistant crops across the globe.

Limited Genetic Diversity in The Available Crop Varieties

Limited genetic diversity among available crop varieties is a significant concern for future global food security. The heavy reliance on a few genetically similar crop types increases the vulnerability of the global food supply to pests, diseases, and climatic changes, including drought. As a consequence, the demand for drought-resistant crops has surged. However, a potential decrease in this demand may occur due to the associated risks and uncertainties. Growing genetically similar drought-resistant crops on a massive scale could lead to an increased susceptibility to a single pest or disease, causing devastating losses. Besides, the lengthy and costly development and regulatory approval processes for new genetically modified crops could also dampen the demand. Moreover, the public perception and acceptability of genetically modified crops vary widely across the globe, which could further impact the demand. Therefore, while the initial demand for genetically diverse, drought-resistant crops might be high, it is expected to decrease over time due to these various factors. Farmers and breeders are likely to opt for crop diversification as a more sustainable and risk-averse approach to cope with the uncertainties presented by global climate change.

Key Market Trends

Growth of Emerging Markets

The growth of emerging markets, particularly in Africa and Asia, where drought conditions are prevalent, is a significant and transformative trend in the global drought-resistant crops market. These regions, facing the challenges of water scarcity and an increasing demand for sustainable agricultural practices, are witnessing a remarkable shift towards the adoption of drought-resistant crops. The need for sustainable food production in these areas has never been more critical. With the expansion of these markets, the cultivation of drought-resistant crops becomes not only a necessity but also an opportunity to ensure food security and mitigate the adverse effects of climate change on agricultural productivity.

By actively developing and promoting the cultivation of these resilient crops, the market is not only addressing the immediate needs of these regions but also contributing to the building of a more resilient and sustainable future. This transformative shift towards drought-resistant crops is a powerful step towards securing the well-being of these regions and the global food system as a whole.

Increasing Adoption of Precision Agriculture Technologies

The adoption of precision agriculture technologies, such as remote sensing and data analysis, is revolutionizing the way farmers monitor and manage crop health. By leveraging these advanced tools, farmers can obtain real-time insights into soil moisture levels, nutrient deficiencies, and pest infestations, enabling them to make more informed decisions and take proactive measures to ensure optimal crop growth.

Furthermore, this shift towards precision agriculture has also sparked a growing interest in developing and deploying smart irrigation systems. These systems utilize real-time weather data and sensor-based technologies to precisely deliver water to crops, minimizing water waste and maximizing water use efficiency. In addition, the use of drones equipped with multispectral cameras allows farmers to gather detailed information about crop health, identifying areas of concern and providing targeted interventions.

Moreover, the adoption of precision agriculture has led to an increased demand for drought-resistant crops. With the increasing challenges posed by water scarcity and climate change, farmers are seeking resilient crops that can thrive in arid conditions. These crops are bred to withstand drought stress, requiring less water for growth and reducing the overall environmental impact of agriculture. Precision agriculture is not only transforming the way farmers manage their crops but also driving innovations in water management and crop breeding. By embracing these technologies and practices, farmers are better equipped to tackle the challenges of a changing climate while ensuring sustainable and efficient agricultural production.

Segmental Insights

Crop Type Insights

Based on the Crop type, Corn, also known as maize, has emerged as the dominant crop in the Global Drought Resistant Crops Market. Its remarkable ability to withstand drought conditions and its versatile applications in various industries, including food, feed, and fuel, have positioned it as a key player in the market. With its high tolerance to water scarcity, corn not only thrives in agricultural production but also serves as a valuable resource for sustaining livelihoods and driving economic growth. The resilience of corn stems from its deep root system, which allows it to access water from deeper soil layers, making it better equipped to survive prolonged periods of drought. Additionally, corn has evolved to efficiently utilize water, optimizing its growth even in limited water availability. This adaptability has made it a reliable crop in regions prone to arid climates, contributing to food security and mitigating the impacts of water scarcity.

Beyond its significance in agriculture, corn plays a vital role in various industries. In the food sector, it serves as a staple crop in many countries, providing a source of nutrition and sustenance for millions of people. Corn-derived products, such as cornmeal, corn oil, and corn starch, find their way into countless food items, adding flavour, texture, and nutritional value. In the feed industry, corn serves as a primary ingredient in animal diets, supporting livestock production and ensuring the availability of meat, eggs, and dairy products. Moreover, corn's applications extend to the renewable energy sector. Its high starch content makes it an ideal feedstock for biofuel production, offering a sustainable alternative to fossil fuels. The production of ethanol from corn contributes to reducing greenhouse gas emissions and promoting a cleaner and more sustainable energy future.

Distribution Channel Insights

Based on the Distribution Channel, the online distribution channel is currently asserting dominance over the offline channel due to various factors. One of the key drivers is the increasing penetration of internet services, which has made online shopping more accessible and convenient for a larger customer base. Additionally, the online platform offers a wide array of drought-resistant crop options, along with detailed product information and customer reviews. These features empower consumers to make informed decisions and find the best products for their needs.

However, it's important to note that offline channels still hold significant market share, especially in regions with limited internet connectivity. Despite the growing trend towards online purchases, offline channels continue to serve as a reliable option for consumers. By offering personalized assistance and the opportunity to physically experience products, offline channels cater to a different set of customer preferences. While the online distribution channel is currently dominant, the offline channel remains relevant and valuable in certain contexts. The key lies in understanding the unique advantages offered by each channel and leveraging them to meet the diverse needs of consumers in today's dynamic marketplace.

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Regional Insights

North America is currently dominating the global drought-resistant crops market, due to its advanced agricultural technology and innovative practices. The region's substantial investments in research and development, combined with a strong emphasis on genetically modified crops, have paved the way for the widespread proliferation of highly resilient crop varieties. These crops are specifically engineered to withstand prolonged periods of water scarcity, making them essential in regions prone to drought. This focus on drought-resistant crops has played a crucial role in ensuring a sustainable and secure food supply for North America. With the escalating frequency of drought occurrences and the uncertainties brought by climate change, the region's commitment to agricultural advancements has become more important than ever. By continuously developing and implementing cutting-edge techniques and technologies, North America is effectively mitigating the impacts of drought and safeguarding food security for its population.

Furthermore, North America's leadership in drought-resistant crops has also positioned the region as a global hub for agricultural innovation. Its success has sparked collaboration and knowledge-sharing with other regions facing similar challenges, contributing to the development of sustainable and resilient farming practices worldwide. Through these partnerships, North America is not only securing its own food supply but also making significant contributions to global food security efforts.

Recent Developments

  • In October 2023, BioAtlantis has joined a €4.9 million project focused on developing drought-resistant crops. The Irish biotech company, BioAtlantis, has officially announced its participation in an international research initiative aimed at enhancing the resilience of cereal crops to climate challenges.

Key Market Players

  • Bayer CropScience LLC
  • Syngenta AG
  • Monsanto Company
  • BASF SE
  • Nuseed Pty Ltd.
  • Calyxt Inc.
  • Jk Agri Genetics Ltd.
  • Maharashtra Hybrid Seed Company (MAHYCO)
  • Stine Seed Farm Inc.
  • Cyanamid Agro Ltd.

By Crop Type

By Distribution Channel

By Region
  • Corn/Maize
  • Soyabean
  • Cotton
  • Canola
  • Others
  • Online
  • Offline
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Drought Resistant Crops Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Drought Resistant Crops Market, By Crop Type:

o   Corn/Maize

o   Soyabean

o   Cotton

o   Canola

o   Others

·         Drought Resistant Crops Market, By Distribution Channel:

o   Online

o   Offline

·         Drought Resistant Crops Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Drought Resistant Crops Market.

Available Customizations:

Global Drought Resistant Crops market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

3.6.  Voice of Customer

4.    Global Drought Resistant Crops Market Outlook

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Crop Type (Corn/Maize, Soyabean, Cotton, Canola, Others)

4.2.2.    By Distribution Channel (Online and Offline)

4.2.3.    By Region

4.2.4.    By Company (2022)

4.3.  Market Map

5.    North America Drought Resistant Crops Market Outlook

5.1.  Market Size & Forecast       

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Crop Type

5.2.2.    By Distribution Channel

5.2.3.    By Country

5.3.  North America: Country Analysis

5.3.1.    United States Drought Resistant Crops Market Outlook

5.3.1.1.        Market Size & Forecast

5.3.1.1.1.           By Value

5.3.1.2.        Market Share & Forecast

5.3.1.2.1.           By Crop Type

5.3.1.2.2.           By Distribution Channel

5.3.2.    Canada Drought Resistant Crops Market Outlook

5.3.2.1.        Market Size & Forecast

5.3.2.1.1.           By Value

5.3.2.2.        Market Share & Forecast

5.3.2.2.1.           By Crop Type

5.3.2.2.2.           By Distribution Channel

5.3.3.    Mexico Drought Resistant Crops Market Outlook

5.3.3.1.        Market Size & Forecast

5.3.3.1.1.           By Value

5.3.3.2.        Market Share & Forecast

5.3.3.2.1.           By Crop Type

5.3.3.2.2.           By Distribution Channel

6.    Europe Drought Resistant Crops Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Crop Type

6.2.2.    By Distribution Channel

6.2.3.    By Country

6.3.  Europe: Country Analysis

6.3.1.    Germany Drought Resistant Crops Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Crop Type

6.3.1.2.2.           By Distribution Channel

6.3.2.    United Kingdom Drought Resistant Crops Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Crop Type

6.3.2.2.2.           By Distribution Channel

6.3.3.    Italy Drought Resistant Crops Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecasty

6.3.3.2.1.           By Crop Type

6.3.3.2.2.           By Distribution Channel

6.3.4.    France Drought Resistant Crops Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Crop Type

6.3.4.2.2.           By Distribution Channel

6.3.5.    Spain Drought Resistant Crops Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Crop Type

6.3.5.2.2.           By Distribution Channel

7.    Asia-Pacific Drought Resistant Crops Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Crop Type

7.2.2.    By Distribution Channel

7.2.3.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Drought Resistant Crops Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Crop Type

7.3.1.2.2.           By Distribution Channel

7.3.2.    India Drought Resistant Crops Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Crop Type

7.3.2.2.2.           By Distribution Channel

7.3.3.    Japan Drought Resistant Crops Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Crop Type

7.3.3.2.2.           By Distribution Channel

7.3.4.    South Korea Drought Resistant Crops Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Crop Type

7.3.4.2.2.           By Distribution Channel

7.3.5.    Australia Drought Resistant Crops Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Crop Type

7.3.5.2.2.           By Distribution Channel

8.    South America Drought Resistant Crops Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Crop Type

8.2.2.    By Distribution Channel

8.2.3.    By Country

8.3.  South America: Country Analysis

8.3.1.    Brazil Drought Resistant Crops Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Crop Type

8.3.1.2.2.           By Distribution Channel

8.3.2.    Argentina Drought Resistant Crops Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Crop Type

8.3.2.2.2.           By Distribution Channel

8.3.3.    Colombia Drought Resistant Crops Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Crop Type

8.3.3.2.2.           By Distribution Channel

9.    Middle East and Africa Drought Resistant Crops Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Crop Type

9.2.2.    By Distribution Channel

9.2.3.    By Country

9.3.  MEA: Country Analysis

9.3.1.    South Africa Drought Resistant Crops Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Crop Type

9.3.1.2.2.           By Distribution Channel

9.3.2.    Saudi Arabia Drought Resistant Crops Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Crop Type

9.3.2.2.2.           By Distribution Channel

9.3.3.    UAE Drought Resistant Crops Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Crop Type

9.3.3.2.2.           By Distribution Channel

9.4.  Drivers

9.5.  Challenges

10. Market Trends & Developments

10.1.             Recent Development

10.2.             Mergers & Acquisitions

10.3.             Product Launches

11. Global Drought Resistant Crops Market: SWOT Analysis

12. Porter’s Five Forces Analysis

12.1.             Competition in the Industry

12.2.             Potential of New Entrants

12.3.             Power of Suppliers

12.4.             Power of Customers

12.5.             Threat of Substitute Products

13. Competitive Landscape

13.1.             Bayer CropScience LLC

13.1.1. Business Overview

13.1.2. Service Offerings

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. SWOT Analysis

13.2.             Syngenta AG

13.3.             Monsanto Company

13.4.             BASF SE

13.5.             Nuseed Pty Ltd.

13.6.             Calyxt Inc.

13.7.             Jk Agri Genetics Ltd.

13.8.             Maharashtra Hybrid Seed Company (MAHYCO)

13.9.             Stine Seed Farm Inc.

13.10.          Cyanamid Agro Ltd.

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Drought Resistant Crops Market was estimated to be USD 110.21 Million in 2022.

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Corn, or maize, is the leading crop in the Global Drought Resistant Crops Market. Its ability to thrive in drought conditions and its versatile applications in food, feed, and fuel industries have made it a crucial player. Not only does corn sustain livelihoods and drive economic growth, but it also plays a vital role in global food security amidst drought and climate change challenges.

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North America dominates the global drought-resistant crops market with advanced technology and innovative practices. Substantial investments in research and development, along with genetically modified crops, have led to resilient varieties. This ensures a sustainable and secure food supply, especially in the face of climate uncertainties and frequent droughts. North America leads in mitigating drought impacts and ensuring food security.

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Technological advancements in genetic engineering & plant breeding techniques and rising concerns over global food security are the major drivers for the Global Drought Resistant Crops Market.

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Sakshi Bajaal

Business Consultant
Press Release

Drought Resistant Crops Market to Grow with a CAGR of 6.57% through 2028

Dec, 2023

Increasing adoption of precision agriculture technologies and changes in global climate patterns is expected to drive the Global Drought Resistant Crops Market growth in the forecast period, 2024-202

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