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Global Agricultural Biotechnology Market – Analysis and Forecast (2021-2027)

The global agricultural biotechnology market was valued at USD 34.2 billion in 2020 and is expected to grow at a CAGR of 5.6% during the forecast period (2021u20132027). Agricultural biotechnology is the collection of novel techniques to enhance crop productivity and efficiency. It provides framers an innovative technology that can make crop reasonable and productive.

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Global Agricultural Biotechnology Market – Analysis and Forecast (2021-2027)

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  1. Global Agricultural Biotechnology Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Agricultural Biotechnology Market The global agricultural biotechnology market was valued at USD 34.2 billion in 2020 and is expected to grow at a CAGR of 5.6% during the forecast period (2021–2027). Agricultural biotechnology is the collection of novel techniques to enhance crop productivity and efficiency. It provides framers an innovative technology that can make crop reasonable and productive. It is used to safeguard crops from destructive diseases, and to alter the genetic sequence of crops, which surges crop production. The global agricultural biotechnology market is growing at a significant rate, due to escalating per capita income, and mounting demand for biofuel. Different technologies such as genome editing tools, ribonucleic acid interference (RNAi), biochips, deoxy ribonucleic acid (DNA) sequencing, and synthetic biology contributed to the agricultural biotechnology market size. The market has witnessed a high demand for genome editing tools due to escalating genome research and expanding the application of genome tools in agriculture research.

  4. Global Agricultural Biotechnology Market Expanding population size, the prospering need for transgenic crops, mounting demand of genetically modified crops, escalating per capita income, regulatory reinforce in the U.S. and Brazil, intensifying animal feed owing to mounting meat consumption, and mounting demand for biofuel is the primary growth drivers for agricultural biotechnology market. Majority of genetically modified crops grown in developing economies, escalating agricultural needs, and mounting research activities in genetically modified crops in developing countries are also facilitating the growth of the agricultural biotechnology market. Stringent rules and guidelines associated to the registration of genetically modified products, terminator seed technology, issues associated to patent rights of biotech crops, and conflict towards genetically modified crops in Europe are the major challenges for the growth of agricultural biotechnology market.

  5. Global Agricultural Biotechnology Market Asia-Pacific is observed to witness the fastest growth in the market, due to mounting acceptance of modern farming technique. In addition, escalating disposable income, greater food demand and expanding population size are also creating a positive impact on the agricultural biotechnology market growth in the region. Key players in the agricultural biotechnology market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In June 2018, Bayer AG acquired Monsanto Company, to help and improve harvest even better. Syngenta AG, Bayer AG, Evogene Ltd., DowDuPont Inc., KWS SAAT SE, BASF SE, Performance Plants Inc., Global Bio-chem Technology Group Company Limited, Vilmorin & Cie, Certis USA LLC, and ADAMA Agricultural Solutions Ltd are the key players offering agricultural biotechnology.

  6. For Sample Report :- https://www.vynzresearch.com/healthcare/agricultural-biotechnology-market/request-sample www.vynzresearch.com

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