Agricultural Biotechnology Market

1. Agricultural Biotechnology Market The global agricultural biotechnology market is growing at a significant rate. Due to rising per capita income and rising demand for biofuel, the global agricultural biotechnology market is expanding at a rapid pace. On the basis of the technology, Due to synthetic biology's ability to generate larger groups of genes and gene parts in a specific genome of crop seed, the synthetic biology segment is expected to expand at the fastest pace in the industry. On the basis of product, Crop protection products are projected to rise at a faster pace in the market as a result of their advantages, which include protecting plants from a variety of harmful chemicals and pests. The primary growth drivers for the agricultural biotechnology market are increasing population size, a growing need for transgenic crops, rising demand for genetically modified crops, rising per capita income, regulatory reinforcement in the United States and Brazil, intensifying animal feed due to rising meat consumption, and the demand for biofuel. The major obstacles for the growth of the agricultural biotechnology industry are strict rules and guidelines associated with the registration of genetically modified seeds, terminator seed technology, concerns associated with patent rights of biotech crops, and controversy against genetically modified crops in Europe. Manufacturing firms attempting to enter the agricultural biotechnology industry must adhere to strict regulatory guidelines. Due to the growing acceptance of modern farming techniques, Asia-Pacific is expected to expand at the fastest rate in the market. The leading players in the agricultural biotechnology market are Global Bio-chem Technology Group Company Limited, Vilmorin & Cie, Certis USA LLC, and ADAMA Agricultural Solutions Ltd. Source: VynZ Research Contact Person – Kundan Kumar Email ID – kundan@vynzresearch.com https://www.vynzresearch.com/healthcare/agricultural-biotechnology-market For Free Sample Report: https://www.vynzresearch.com/healthcare/agricultural- biotechnology-market/request-sample