Agricultural Biotechnology: Emerging Technologies and Global Markets

July 30, 2012

Wellesley, Mass. – According to a new technical market research report, AGRICULTURAL BIOTECHNOLOGY: EMERGING TECHNOLOGIES AND GLOBAL MARKETS (BIO100A) from BCC Research (www.bccresearch.com), the global market for agricultural biotechnology was valued at $13.7 billion in 2011.This figure is projected to reach $14.4 billion in 2012 and nearly $24.8 billion in 2017, increasing at a five-year compound annual growth rate (CAGR) of 11.4%.

The agricultural biotechnology market can be split into three segments: transgenic seeds, synthetic biology-enabled products, and tools.

The transgenic seeds segment is projected to increase from $14.1 billion in 2012 to $20.4 billion in 2017, a CAGR of 7.6%.

As a segment, synthetic biology-enabled products are expected to jump from nearly $200 million in 2012 to nearly $3.9 billion in 2017, a CAGR of 81%.

The segment made up of tools, expected to be worth $80.5 million in 2012, should be valued at $465.2 million in 2017, a CAGR of 42%.

Key factors that affect the agricultural biotechnology industry include a growing demand for food, more frequent occurrences of severe environmental threats, continuing innovations in genomics tools, and development of novel seed types.

The biotechnology tools market, which is made up of DNA sequencing services, biochips, and RNA interference assays, is a small but key part of the industry. Tools such as DNA sequencing enable better insights into gene function and regulation, which leads to better agricultural products.

Several market shifts are occurring in the industry, which are positive for future growth. In transgenic seeds, leading countries continue to have high adoption rates for the main crop types and companies are developing new seed traits. Transgenic seeds for new crops are being developed, including for rice and wheat, and these new markets will foster growth.

This report will help its audience:

• Analyze key technologies and products in the agricultural biotechnology market
• Determine present and future market status and projected growth from 2012 through 2017
• Examine strategic alliances, industry structures and competitive dynamics
• Receive information regarding relevant patents and patent strategy
• Profile companies involved in the agricultural biotechnology industry. 

This report will be of particular interest to agriculture, chemicals, enzymes, bioenergy, and biotechnology companies, as well as suppliers of genomics tools, synthetic biology, RNA interference, and DNA sequencing products. It also will be of high interest to professionals within governments and regulatory agencies to help them understand the scope and pace of transgenic seeds as they continue to expand in the market.  

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Agricultural Biotechnology: Emerging Technologies and Global Markets( BIO100A )
Publish Date: Jul 2012    

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