Global biotechnology market projects growth from 2025 to 2034
Margust Dela Cerna | August 19, 2024
The global agricultural biotechnology market is projected to grow at a 8.2% CAGR from 2025 to 2034, according to USD Analytics. The latest report examines market trends, growth drivers, challenges, and key players, including BASF, Bayer, DowDuPont, and KWS SAAT SE.
Agricultural biotechnology uses scientific techniques like genetic engineering and microbiology to improve crop yields, pest resistance, and sustainability. Growth is driven by precision breeding and climate-resilient crops, while challenges include ethical concerns and regulatory hurdles.
The report highlights advancements in genome editing, synthetic biology, and biochips, with applications in transgenic crops, bio-pesticides, and microbial solutions. It also analyzes market performance across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Agricultural biotechnology uses scientific techniques like genetic engineering and microbiology to improve crop yields, pest resistance, and sustainability. Growth is driven by precision breeding and climate-resilient crops, while challenges include ethical concerns and regulatory hurdles.
The report highlights advancements in genome editing, synthetic biology, and biochips, with applications in transgenic crops, bio-pesticides, and microbial solutions. It also analyzes market performance across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
