Agricultural Biotechnology Market Report

The global agricultural biotechnology market size reached US$ 140.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 249.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.57% during 2024-2032. The market is mainly driven by the rising need for enhanced food production, advancements in genetic engineering, growing sustainable farming practices and increasing regulatory support. Innovations like CRISPR, biofertilizers and climate resilient crops, are also contributing positively to the market growth.

Read More-https://www.imarcgroup.com/agricultural-biotechnology-market
Agricultural Biotechnology Market Report The global agricultural biotechnology market size reached US$ 140.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 249.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6.57% during 2024-2032. The market is mainly driven by the rising need for enhanced food production, advancements in genetic engineering, growing sustainable farming practices and increasing regulatory support. Innovations like CRISPR, biofertilizers and climate resilient crops, are also contributing positively to the market growth. Read More-https://www.imarcgroup.com/agricultural-biotechnology-market
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