PUBLISHER: BCC Research | PRODUCT CODE: 1370711
PUBLISHER: BCC Research | PRODUCT CODE: 1370711
The global market for agricultural biotechnology is estimated to increase from $79.9 billion in 2023 to reach $119.6 billion by 2028, at a compound annual growth rate (CAGR) of 8.4% from 2023 through 2028.
North American market for agricultural biotechnology is estimated to increase from $34.3 billion in 2023 to reach $51.6 billion by 2028, at a CAGR of 8.5% from 2023 through 2028.
Asia-Pacific market for agricultural biotechnology is estimated to increase from $19.9 billion in 2023 to reach $31.9 billion by 2028, at a CAGR of 9.9% from 2023 through 2028.
The report provided an updated review of the global agricultural biotechnology market, focusing on its product types and end uses. Definitive and detailed assessments and forecasts of the worldwide agricultural biotechnology market are provided, followed by a detailed analysis of regions, countries, and key market players.
The global agricultural biotechnology market by product type is segmented into biotech seeds, biologicals, and biotechnology tools. The market is segmented by end use into plants, animals, and microbes.
The market size and estimations are provided in terms of value ($ Millions); 2022 serves as a base year, and the market forecast is provided from 2023 to 2028. Regional-level market sizes for product type and end-use segments are also provided.
The report also discusses the major players across each regional agricultural biotechnology market. In addition, it explains the global agricultural biotechnology market's primary drivers, regional dynamics, and current trends across the industry. The report concludes with a detailed focus on the vendor landscape and includes complete company profiles of the major players in the market.
Figure A : Research Methodology