Press release
Growing Population Biggest Driver for Agricultural Biotechnology Market
A number of factors, such as the rising need for food products, growing population, surging per capita income, increasing demand for transgenic crops, and high yield of biotech crops, are projected to drive the growth of the agricultural biotechnology market at a CAGR of 10.7% during the forecast period (2021–2030). The market generated $39,565.6 million in 2020, and it is expected to reach $106,870.0 million by 2030. Moreover, the market is witnessing a trend of the surging adoption of biofuels, which are produced from agricultural residue and crops.Receive Sample Pages: https://www.psmarketresearch.com/market-analysis/agricultural-biotechnology-market/report-sample
The technology segment of the agricultural biotechnology market is classified into genome editing, ribonucleic acid interference (RNAi), deoxyribonucleic acid (DNA) sequencing, biochip, and synthetic biology. Among these, the genome editing category accounted for the largest market share in 2020, and it is also expected to record the fastest growth in the coming years. This is ascribed to the rising genome research and development (R&D) activities and increasing application of genome tools in the agricultural sector. Moreover, genome editing helps in growing healthier crops by lowering the risk of failure due to extreme weather and increasing the resistance to insects.
Make an Enquiry before Purchase:https://www.psmarketresearch.com/send-enquiry?enquiry-url=agricultural-biotechnology-market
Globally, North America was the largest agricultural biotechnology market in 2020. This is attributed to the rising adoption of genetically modified crops in the region because of their several benefits over normal crops, including additional nutritional values and resistance to toxic herbicides and pests. Whereas, the Asia-Pacific (APAC) market will observe the highest CAGR during the forecast period owing to the surging adoption of advanced farming techniques to improve farm productivity, so that the regional countries can meet the food demand of their high population.
Thus, the growing population and increasing demand for transgenic crops are expected to propel the market growth during the forecast period.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growing Population Biggest Driver for Agricultural Biotechnology Market here
News-ID: 2408480 • Views: …
More Releases from P&S Intelligence

Public Safety and Security Market Size, Trends, and Forecast 2024-2032
The global public safety and security market is projected to grow from USD 517.6 billion in 2024 to USD 1,214.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.4% during the forecast period.
This growth is driven by technological advancements, such as artificial intelligence (AI) and the Internet of Things (IoT), which enhance smart city initiatives and improve surveillance and emergency response systems. The increasing incidence of…

Salesforce Services Market Growth Driven by BFSI Sector Demand
The global Salesforce services market reached a valuation of USD 14.1 billion in 2023 and is projected to grow significantly, reaching USD 48.3 billion by 2030. This robust growth is driven by increasing demand across the banking, financial services, and insurance (BFSI) sectors.
Salesforce CRM, known for its high-quality service offerings, supports streamlined operations, efficient communication, and enhanced customer service. It optimizes data management and expedites issue resolution, enabling businesses to…

Asset Integrity Management Market Share, Growth and Forecast Report, 2024-2030
According to the latest market research study published by P&S Intelligence, the asset integrity management market is projected to generate approximately USD 24.2 billion in revenue in 2024, with an expected compound annual growth rate of 5.9% from 2024 to 2030, reaching USD 34.1 billion by the end of the decade.
This growth is driven by global industrialization and urbanization, stringent workplace safety regulations, heightened environmental concerns over poorly maintained…

The Rise of Fake Image Detection Solutions: Key Market Insights and Future Trend …
The fake image detection market is projected to expand significantly, from an estimated USD 712.2 million in 2024 to USD 5,811.9 million by 2030, reflecting a robust compound annual growth rate (CAGR) of 41.9% from 2024 to 2030.
Fake images often involve post-production manipulation, where images are altered so subtly that distinguishing the modifications, such as swapped faces or forged signatures, becomes nearly impossible. The proliferation of AI technology and cloud…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…