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US CRISPR in Agriculture Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025

06-16-2021 12:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

US CRISPR in Agriculture Market Trends 2019 | Segmentation,

The US CRISPR in agriculture market is expected to grow at a CAGR of 26.1% during the forecast period. The US is the leading market for CRISPR in agriculture in North America and the largest economy across the globe. The US is one of the leading countries in planting genetically modified crops, accounting for more than 40% of acres growing genetically modified crops across the globe. Increasing research funding in the field of CRISPR technology in the country is anticipated to be a major contributor to the growth of the CRISPR in the agriculture market in the country. USDA's Animal and Plant Health Inspection Service, the Department of Health and Human Services' Food and Drug Administration, and the US Environmental Protection Agency are the three federal agencies that are involved in ensuring that plants produced using biotechnology such as gene editing sequencing and the many products derived from them are safe for farmers to use, safe to consume as food or feed, and safe for the environment.

To Request a Sample of our Report on US CRISPR in Agriculture Market: https://www.omrglobal.com/request-sample/us-crispr-in-agriculture-market

The favorable government support in the US related to the use of technology in agriculture is again supporting the market growth. Approval for the adoption of CRISPR technology by the US government for corn in 2017 is among one of them. The US Department of Agriculture (USDA) is also in the process of liberalizing some more varieties of crops that are resistant to 2, 4-D and other herbicides.

According to the Federation of American Scientists, the National Institutes of Health (NIH, US) had funded almost $1.1 billion in R&D in 2018 respectively for the CRISPR-related research activities and projects. During the year 2014, the R&D funding was around $85 million, whereas in 2015 it was around $267 million, in 2016 it was $603 million, in 2017 it was $947 million, followed by $1.1 billion in 2018. CRISPR in agriculture offers several benefits related to crop yield and production thus, being a large exporter of the crop across the globe, the US is highly exploiting this technology to fulfill the growing demand for food across the globe.

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US CRISPR in Agriculture Market Segmentation

By End-User
• Academic & Research Institutes
• Biotech Companies

By Target Type
• Crops
• Livestock
• Aquaculture Driving and Sports

Company Profiles
• Arcadia Biosciences
• BASF SE
• Bayer AG
• Benson Hill Biosystems, Inc.
• Calyxt, Inc.
• Caribou Bioscience Inc.
• Caribou Biosciences, Inc.
• Cibus Ltd.
• DowDupont Inc.
• E. I. du Pont de Nemours and Company
• GeneCopoeia, Inc.
• Horizon Discovery Group, PLC
• Inari Agriculture
• Intellia Therapeutics, Inc.

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3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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