Global Agricultural Biotechnology Market Analysis

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Global Agricultural Biotechnology Market Analysis

  • Agriculture And Animal Feed
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

The agricultural biotechnology market is experiencing rapid growth due to the latest methods and technological advancements that enhance crop yield, pest resistance, and environmental sustainability. Gene editing technologies such as CRISPR-Cas9 allow for precise modifications to improve crop traits, making plants more resilient to droughts and diseases. This method reduces the need for pesticides, resulting in more eco-friendly farming practices.

In addition, advancements in synthetic biology are enabling the production of genetically engineered crops that produce higher yields and offer better nutritional value. The use of bioinformatics and AI to analyze large datasets is revolutionizing decision-making processes, optimizing farming strategies, and improving productivity.

The adoption of agricultural biotechnology is accelerating, driven by the demand for sustainable farming solutions to meet the global food supply needs. Companies are increasingly investing in research and development to develop biotechnology products such as bio-pesticides and bio-fertilizers, promoting sustainable agriculture. The market is projected to grow significantly as these technologies are embraced, especially in regions facing climate challenges and food security issues. These advancements align with sustainable agricultural practices, paving the way for more resilient food systems.

Frequently Asked Questions

The market is segmented based on Segmentation, By Product Type (Crop protection products, Transgenic Seeds, and Synthetic Biology-Enables Products), Trait Type (Stacked, Herbicide-tolerant, Insect-resistant, and Desirable and Virus-resistant), Organisms (Plants, Animals, and Microbes), Application (Vaccine Development, Transgenic Crops and Animals, Antibiotic Development, Nutritional Supplements, Flower Culturing, and Biofuels), Technology (Genome Editing, Synthetic Biology, Genetic Engineering, Marker-assisted Breeding, Plant Breeding, Germplasm, and Other Technologies) – Industry Trends and Forecast to 2031 .
The Global Agricultural Biotechnology Market size was valued at USD 151.06 USD Billion in 2023.
The Global Agricultural Biotechnology Market is projected to grow at a CAGR of 10.94% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.