Italy Agricultural Biotechnology Market Insights, Share and Forecasts Report 2031

𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏

The global agricultural biotechnology market was valued at US$ 28.6 Bn in 2021
It is estimated to grow at a CAGR of 9.5% from 2022 to 2031
The global agricultural biotechnology market is expected to reach value of US$ 64.7 Bn by the end of 2031

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/agricultural-biotechnology-market.html

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

Agricultural biotechnology refers to a set of scientific methods for improving plants, animals, and microbes. Scientists have devised strategies to boost agricultural output based on their understanding of DNA. Starting with the ability to recognize genes that may offer advantages to specific crops and the ability to work with such characteristics. Crop biotechnology improves the ability of breeders to improve crops and livestock. Biotechnology allows for advancements that would be impossible to achieve through traditional cross-species breeding.
Biotechnology is extensively utilized in agriculture to improve plant growth and yields, increase resistance to pests and diseases, and enhance nutritional content. In fact, it is estimated that up to 80% of all processed foods, presently, contain ingredients derived from biotechnology. Instances of application of biotechnology in agriculture are widespread, from genetically engineered crops (biotech crops) to the Sterile Insect Technique (SIT) for insect control on fruit trees and grapevines.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=598

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐍𝐮𝐭𝐫𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐕𝐚𝐥𝐮𝐞 𝐛𝐲 𝐁𝐢𝐨𝐭𝐞𝐜𝐡 𝐂𝐨𝐫𝐩𝐬 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

Researchers are using biotechnology for the development of foods with improved nutritional value. Genetic modification can be employed to develop crops with higher vitamin content in order to improve the nutritional quality of crops. Three genes have been implanted into genetically modified "golden rice," enabling plants to manufacture beta-carotene, a chemical that is converted to vitamin A in the human body. Around 250 million children are affected by vitamin A deficiency ‒ the world's biggest cause of blindness. Several oil crops have had their content altered via biotechnology, either to enhance the amount of oil produced or to change the sorts of oils produced.
Biotechnology plays a crucial role in order to upgrade some plant proteins that are currently considered incomplete or of low biological value, as they lack one or more of the 'essential' amino acids; for instance, maize with improved protein balance and sweet potatoes with increased total protein content. Biotechnology also reduces toxicity of certain foods. For instance, decline in toxic cyanogens in cassava has been possible and could be produced in the future too. Advancements in plant transformation and transgene expression also allow the use of plants as bioreactors in order to produce a variety of bio-products on a large scale and low cost. Several proof-of-concept plant-derived healthcare products have been generated and several commercialized. This exponential growth occurs despite asynchronous regulatory schemes around the world, ranging from moratoriums and prohibitions on genetically modified (GM) organisms to regulations that treat both conventional and biotech novel plant products under the same regulatory framework. The crux of this review is a consolidation of the global legislative landscape on GM crops, as it stands, building on earlier works by specifically addressing how gene edited crops would fit into the existing framework.
Additionally, increasing population is leading to a rise in the demand for food products, and the consequent demand for nutritionally improved food is estimated to boost the application of biotechnology in agriculture during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=598

𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐨𝐟 𝐁𝐢𝐨𝐟𝐮𝐞𝐥𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

The creation of Biofuels is another appropriate example of application of biotechnology in agriculture. Biofuels are made from natural sources such as algae, corn stover, and sugarcane bagasse rather than petroleum products. This helps reduce greenhouse gas emissions, as they do not generate any carbon when burned. Biofuels are also used in oil cleanup operations, as biofuels have been demonstrated to effectively address this issue, since the methyl esters contained in the fuel source is a powerful solvent that can serve as a washing agent for contaminated shorelines. This also increases the range of fuel sources available and may promote competition, thus lowering prices. Developing biofuels using sophisticated biotech technologies offers the potential to cut greenhouse gas emissions, while also providing a more reliable fuel source.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐔𝐬𝐞 𝐨𝐟 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧 𝐓𝐫𝐚𝐧𝐬𝐠𝐞𝐧𝐢𝐜 𝐂𝐫𝐨𝐩 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐒𝐮𝐜𝐡 𝐚𝐬 𝐂𝐨𝐫𝐧, 𝐒𝐨𝐲𝐛𝐞𝐚𝐧, 𝐚𝐧𝐝 𝐂𝐨𝐭𝐭𝐨𝐧

A genetically modified organism (GMO) is referred to as a transgenic crop. Transgenic means that genes have been transferred using the recombinant DNA technology. In general, a transgenic crop has one or more genes that have been purposefully transferred from a different species or from an unrelated plant. Plants are also modified to increase their tolerance to cold, frost, or drought; all making a crop easier to grow in a constantly changing environment. This makes the plants safer for the consumer and enables the farmer to save money on chemicals. For instance, most soybean grown in the U.S. is genetically modified soybean. Most genetically modified soybean is used for food for animals, predominantly poultry and livestock, and making soybean oil. It is also used as ingredients (lecithin, emulsifiers, and proteins) in processed foods. Thus, transgenic crops are a cost-effective safer method of producing crop products, which makes them appealing and potentially profitable.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

North America holds a key share of the global agricultural biotechnology market. The market in the region is anticipated to grow at a CAGR of more than 10.2% during the forecast period. Increase in demand for agri-biotechnology in various applications, such transgenic biotech crops (corn, soybean, and cotton), synthetic biology-enabled products, and tools is driving the agricultural biotechnology market in North America. The U.S. held significant share of the agricultural biotechnology market in North America in 2021. The country is estimated to maintain its dominant position in the market in the region during the forecast period.
Asia Pacific is also a prominent region of the global agricultural biotechnology market. China led the agricultural biotechnology market in Asia Pacific in 2021. Increase in demand for agricultural biotechnology in transgenic crops (corn, soybean, and cotton), synthetic biology-enabled products, and tools is driving the market in China.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=598

𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

The global agricultural biotechnology market is consolidated with a small number of large-scale vendors controlling majority of the market share. Several firms are spending significant sums on comprehensive research and development, primarily to develop transgenic crops, as they enhance the quality of the yield. Diversification of product portfolios and mergers & acquisitions are strategies adopted by key players. Bayer CropScience, DuPont Pioneer Hi-Bred, Dow AgroSciences, Evogene Ltd, KWS SAAT AG, Certis USA, Mycogen Seeds, Global Bio-chem Technology, and Rubicon are a few prominent entities operating in the global agricultural biotechnology market.
Each of these players has been profiled in the agricultural biotechnology market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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