Press release
Brazil Agricultural Biotechnology Market Worth USD 10.65 billion with at a CAGR 7.40% by 2033
The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Brazil agricultural biotechnology market size reached USD 5.88 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 10.65 billion by 2033, exhibiting a growth rate (CAGR) of 7.40% during 2025-2033.
Report Attribute and Key Statistics:
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 5.88 Billion
Market Forecast in 2033: USD 10.65 Billion
Market Growth Rate (2025-2033): 7.40%
Brazil Agricultural Biotechnology Market Overview:
Brazil agricultural biotechnology market is expanding powerfully as increasing numbers of GM crops like soybeans, corn, and cotton are being utilized. Biotechnology has improved the yield of crops, resistance to pests, disease, and stress. The encouraging policies of the government and rising demand for biofuels have turned Brazil into a world-leading producer of biotech crops. Moreover, research on crop genetics continues to enhance food security and sustainable agriculture further, strengthening the market potential even more.
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Brazil Agricultural Biotechnology Market Trends and Drivers:
The Brazilian biotechnology market of agriculture is moving towards GM crops with enhanced pest, disease, and climate resistances. There is also increased demand for biofuel crops stimulating innovation in the field of biotechnology, with a focus on energy-efficient biofuel production. Farmers are progressively using biotech crops to improve productivity, whereas research continues for developing more resistant crops. Development of precision agriculture through biotechnological methods for maximum yield is another prevalent trend propelling the growth of the market.
Key drivers of the Brazil agricultural biotechnology market are increasing demand for high-yielding crops and biofuels and increasing use of genetically modified crops. Government policies and regulatory backing for biotech innovations are promoting market growth. In addition, advancements in genetic engineering and biotechnology innovations to enhance pest resistance and crop resilience are contributing significantly to the market's positive outlook. The global demand for sustainable farming also contributes to the market's growth opportunities.
Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/brazil-agricultural-biotechnology-market
Key Drivers of the Brazil Agricultural Biotechnology Market:
• High adoption rates of GM crops
• Government policies supporting biotechnology
• Rising demand for biofuels
• Improved crop yields and pest resistance
• Technological advancements in genetic engineering
• Growing environmental awareness in agriculture
Brazil Agricultural Biotechnology Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033.
By Organism Type:
• Plants
• Animals
• Microbes
By Technology:
• Genetic Engineering
• Tissue Culture
• Molecular Diagnostics
By Application:
• Crop Protection
• Biofertilizers
• Biopesticides
• Biofuels
Brazil Agricultural Biotechnology Market News:
• In 2023, Brazil's bioinputs market, which includes biotech-related products, saw a 15% growth, reaching BRL 5 billion in sales.
• Retail sales of biocontrol products in Brazil grew to $924 million during the 2023/2024 season.
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask an analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=32542&flag=C
Contact Us:
IMARC Group
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Email: Sales@imarcgroup.com
Tel No.: (D) +91 120 433 0800
Americas: +1 631 791 1145 | Asia: +91-120-433-0800 | UK: +44-753-714-6104
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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