The agricultural biotechnology market is expected to grow at a CAGR of over 10% during the forecast period. The report also analyzes the market by application (Transgenic seeds and Crop protection biochemicals), geography (North America, Europe, APAC, South America, and MEA), and technology (Genome editing, DNA sequencing, RNAi, and bBiochips and synthetic biology).
43% of the agricultural biotechnology market growth will originate from North America.
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increasing demand for higher crop yield will be a major factor that will significantly impact the growth of the market in the North America. Moreover, introducing strong regulatory standards and will also influence the demand for agricultural biotechnology market during the forecast period.