The Global Agricultural
Biotechnology Market is Anticipated to reach USD 86.26 Billion by 2030 from an
estimated USD 46.59 Billion in 2023, at a CAGR of 9.20% between 2023 and 2030.
Scope and Dynamics of the Agricultural Biotechnology
Agricultural biotechnology, also known as Agritech, is an
area of agricultural science involving the use of scientific tools and
techniques, including genetic engineering, molecular markers, molecular
diagnostics, vaccines, and tissue culture, to modify living organisms: plants,
animals, and microorganisms. Crop biotechnology is one aspect of
agricultural biotechnology which has been greatly developed upon in recent
times. Desired trait is exported from a particular species of Crop to an
entirely different species. These transgene crops possess desirable
characteristics in terms of flavor, color of flowers, growth rate, size of
harvested products and resistance to diseases and pests.
intelligence report offers actionable insights to the crucial aspects
pertaining to this marketplace. This report is rendered with an aim to empower
industry participants with extensive knowledge on the ongoing trends of this
industry. It includes a strategic assessment of the growth drivers, challenges,
pricing trends, and competitive hierarchy of this marketplace. The expert
analysts have used proven research methodologies to conduct the entire market
analysis. The report further provides a 360 outlook of the regional landscape
and competitive terrain of this marketplace.
has been garnering massive traction over the stipulated timeline due to the
emergence of various expansion propellants. The competitive nature of this market
has pushed the prime players to adopt high end business centric strategies and
strengthen their global footprint. This business intelligence report is curated
with an aim to help the market contenders obtain a complete understanding on
every micro and macro trends of the industry with in turn will allow them to
formulate robust expansion strategies.
Biotechnology Market Segmentation