Global Agricultural Biotechnology Market 2022-2028
Agricultural biotechnology is a range of tools, including traditional breeding techniques, that alter living organisms, or parts of organisms, to make or modify products; improve plants or animals; or develop microorganisms for specific agricultural uses. Garnering a CAGR of 6.8% from 2022 to 2028, the global agricultural biotechnology market is projected to reach worth of USD 69,932 million by 2028-end, according to a new report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global agricultural biotechnology market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the agricultural biotechnology industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, and region. The global market for agricultural biotechnology can be segmented by product: biotech seeds, biologicals, biotechnology tools, others. The biotech seeds segment held the largest share of the global agricultural biotechnology market in 2021 and is anticipated to hold its share during the forecast period. Agricultural biotechnology market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW).
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