Biotechnology Market Size, Share, Trends & Industry Analysis Report : By Technology, By Application (Bioinformatics, Food & Agriculture, Health, Industrial Processing, Natural Resources & Environment, Others), By Region

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The biotechnology market size is expected to reach USD 5.80 trillion by 2034, according to a new study by Polaris Market Research. The report "Biotechnology Market Size, Share, Trends & Industry Analysis Report: By Technology, By Application (Bioinformatics, Food & Agriculture, Health, Industrial Processing, Natural Resources & Environment, Others), By Region - Market Forecast, 2026-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Biotechnology refers to the application of living organisms, cells, or biological systems to produce products and technological innovations that benefit the healthcare, agricultural, industrial, and environmental sectors. Biotechnology involves the integration of biology and various scientific and engineering principles.

The growing prevalence of chronic diseases, along with the introduction of innovative treatments, is driving revenue growth in the biotechnology market. Biotechnology is highly beneficial for treating many diseases, with the pharmaceutical industry utilizing biotechnological techniques ranging from the cultivation of antibiotic-producing microorganisms in fermentation broth to the purification of antibiotic products. Additionally, modern biotechnology has the potential to enhance the effectiveness of various advanced therapeutic approaches specific to particular diseases. It plays a crucial role in the healthcare system, significantly contributing to the production of numerous drugs and vaccines used for treating various conditions. Furthermore, many other medical procedures that are essential to the healthcare system also involve the use of biotechnology.

The DNA sequencing segment accounted for the largest share in 2025 due to an increase in government funding for genetic research. The health segment is expected to experience significant growth due to the increasing burden of diseases worldwide.

The growing demand for organic food highlights the essential role of biotechnology in agriculture, driving revenue growth in the market. Biotechnology offers farmers solutions that make production more efficient. For instance, certain biotech crops can be genetically modified to withstand specific herbicides. This enhances the efficiency and effectiveness of weed control. Additionally, biotechnology supports breeding crops that are resistant to specific plant diseases and insect pests. This allows for the reduction of synthetic pesticide use and improves pest control. These options in crop production not only reduce production costs but also aid countries in meeting the demand for food.

The global key market players are Abbott Laboratories; Amgen Inc.; AstraZeneca; Biogen; Bristol-Myers Squibb; F. Hoffmann-La Roche Ltd.; Gilead Sciences, Inc.; Johnson & Johnson Services, Inc.; Lonza; Merck KGaA; Novartis AG; Novo Nordisk A/S; Pfizer, Inc., and Sanofi.

Where Is the Market Headed?

There have been important breakthroughs in gene therapy, especially those enabled by CRISPR technology. This has opened new avenues for curing genetic diseases. The Asia Pacific biotechnology market is experiencing significant growth due to increasing investments, enhancements in healthcare infrastructure, and favorable government initiatives. In 2025, the US biotechnology market recorded the largest revenue due to the presence of key players and substantial healthcare expenditure.

What Does Biotechnology Report Reveal?

What is the global market size and CAGR for the market during 2026-2034?

Which factors are contributing to the industry expansion?

Who are the key industry players? What is their relative position in terms of competitive positioning?

How do different technologies, such as DNA sequencing and nanobiotechnology, influence the market landscape?

How does the market differ in terms of technology, application, and geography? Which is the leading end-use?

What are the opportunities in different regional markets, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa?

What are the emerging technologies and innovations in the market?

Polaris Market Research has segmented the biotechnology market report based on technology, application, and region:

Biotechnology Market Segmentation

By Technology Outlook (Revenue - USD Trillion, 2021-2034)

Fermentation

Tissue Engineering and Regeneration

Chromatography

PCR Technology

Nanobiotechnology

Cell-based Assays

DNA Sequencing

Others

By Application Outlook (Revenue - USD Trillion, 2021-2034)

Bioinformatics

Food & Agriculture

Health

Industrial Processing

Natural Resources & Environment

Others

By Regional Outlook (Revenue - USD Trillion, 2021-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indnesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM1011

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Biotechnology Market Insights

4.1. Biotechnology Market - Market Snapshot
4.2. Biotechnology Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Prevalence of Chronic Illnesses
  - 4.2.1.2. Rising Demand in Agriculture
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Lack of Skilled Workforce
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Biotechnology Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Biotechnology Market, by Technology

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
5.3. Fermentation
- 5.3.1. Global Biotechnology Market, by Fermentation, by Region, 2022-2034 (USD Trillion)
5.4. Tissue Engineering and Regeneration
- 5.4.1. Global Biotechnology Market, by Tissue Engineering and Regeneration, by Region, 2022-2034 (USD Trillion)
5.5. Chromatography
- 5.5.1. Global Biotechnology Market, by Chromatography, by Region, 2022-2034 (USD Trillion)
5.6. PCR Technology
- 5.6.1. Global Biotechnology Market, by PCR Technology, by Region, 2022-2034 (USD Trillion)
5.7. Nanobiotechnology
- 5.7.1. Global Biotechnology Market, by Nanobiotechnology, by Region, 2022-2034 (USD Trillion)
5.8. DNA Sequencing
- 5.8.1. Global Biotechnology Market, by DNA Sequencing, by Region, 2022-2034 (USD Trillion)
5.9. Others
- 5.9.1. Global Biotechnology Market, by Others, by Region, 2022-2034 (USD Trillion)

6. Global Biotechnology Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Biotechnology Market, by Application, 2022-2034 (USD Trillion)
6.3. Bioinformatics
- 6.3.1. Global Biotechnology Market, by Bioinformatics, by Region, 2022-2034 (USD Trillion)
6.4. Food & Agriculture
- 6.4.1. Global Biotechnology Market, by Food & Agriculture, by Region, 2022-2034 (USD Trillion)
6.5. Health
- 6.5.1. Global Biotechnology Market, by Health, by Region, 2022-2034 (USD Trillion)
6.6. Industrial Processing
- 6.6.1. Global Biotechnology Market, by Industrial Processing, by Region, 2022-2034 (USD Trillion)
6.7. Natural Resources & Environment
- 6.7.1. Global Biotechnology Market, by Natural Resources & Environment, by Region, 2022-2034 (USD Trillion)
6.8. Others
- 6.8.1. Global Biotechnology Market, by Others, by Region, 2022-2034 (USD Trillion)

7. Global Biotechnology Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Biotechnology Market Assessment, By Geography, 2022-2034 (USD Trillion)
7.3. Biotechnology Market - North America
- 7.3.1. North America: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
- 7.3.2. North America: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.3.3. Biotechnology Market - U.S.
  - 7.3.3.1. U.S.: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.3.3.2. U.S.: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.3.4. Biotechnology Market - Canada
  - 7.3.4.1. Canada: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.3.4.2. Canada: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
7.4. Biotechnology Market - Europe
- 7.4.1. Europe: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
- 7.4.2. Europe: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.3. Biotechnology Market - UK
  - 7.4.3.1. UK: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.3.2. UK: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.4. Biotechnology Market - France
  - 7.4.4.1. France: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.4.2. France: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.5. Biotechnology Market - Germany
  - 7.4.5.1. Germany: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.5.2. Germany: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.6. Biotechnology Market - Italy
  - 7.4.6.1. Italy: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.6.2. Italy: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.7. Biotechnology Market - Spain
  - 7.4.7.1. Spain: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.7.2. Spain: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.8. Biotechnology Market - Netherlands
  - 7.4.8.1. Netherlands: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.8.2. Netherlands: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.9. Biotechnology Market - Russia
  - 7.4.9.1. Russia: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.9.2. Russia: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.4.10. Biotechnology Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.4.10.2. Rest of Europe: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
7.5. Biotechnology Market - Asia Pacific
- 7.5.1. Asia Pacific: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
- 7.5.2. Asia Pacific: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.3. Biotechnology Market - China
  - 7.5.3.1. China: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.3.2. China: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.4. Biotechnology Market - India
  - 7.5.4.1. India: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.4.2. India: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.5. Biotechnology Market - Malaysia
  - 7.5.5.1. Malaysia: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.5.2. Malaysia: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.6. Biotechnology Market - Japan
  - 7.5.6.1. Japan: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.6.2. Japan: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.7. Biotechnology Market - Indonesia
  - 7.5.7.1. Indonesia: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.7.2. Indonesia: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.8. Biotechnology Market - South Korea
  - 7.5.8.1. South Korea: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.8.2. South Korea: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.9. Biotechnology Market - Australia
  - 7.5.9.1. Australia: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.9.2. Australia: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.5.10. Biotechnology Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.5.10.2. Rest of Asia Pacific: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
7.6. Biotechnology Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
- 7.6.2. Middle East & Africa: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.6.3. Biotechnology Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.6.3.2. Saudi Arabia: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.6.4. Biotechnology Market - UAE
  - 7.6.4.1. UAE: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.6.4.2. UAE: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.6.5. Biotechnology Market - Israel
  - 7.6.5.1. Israel: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.6.5.2. Israel: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.6.6. Biotechnology Market - South Africa
  - 7.6.6.1. South Africa: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.6.6.2. South Africa: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.6.7. Biotechnology Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.6.7.2. Rest of Middle East & Africa: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
7.7. Biotechnology Market - Latin America
- 7.7.1. Latin America: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
- 7.7.2. Latin America: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.7.3. Biotechnology Market - Mexico
  - 7.7.3.1. Mexico: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.7.3.2. Mexico: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.7.4. Biotechnology Market - Brazil
  - 7.7.4.1. Brazil: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.7.4.2. Brazil: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.7.5. Biotechnology Market - Argentina
  - 7.7.5.1. Argentina: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.7.5.2. Argentina: Biotechnology Market, by Application, 2022-2034 (USD Trillion)
- 7.7.6. Biotechnology Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Biotechnology Market, by Technology, 2022-2034 (USD Trillion)
  - 7.7.6.2. Rest of Latin America: Biotechnology Market, by Application, 2022-2034 (USD Trillion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Abbott Laboratories
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Amgen Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. AstraZeneca
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Biogen
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Bristol-Myers Squibb
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. F. Hoffmann-La Roche Ltd.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Gilead Sciences, Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Johnson & Johnson Services, Inc.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Lonza
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Merck KGaA
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Novartis AG
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Novo Nordisk A/S
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
9.13. Pfizer, Inc
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
9.14. Sanofi
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development