Transparency Market Research has added a New Report On "Agricultural Biotechnology Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2012 - 2018".
Albany, NY -- (SBWIRE) -- 10/04/2012 -- The global agricultural biotechnology market is expected to reach the value of USD 12 billion by 2015 attributed by the major drivers such as need to enhance productivity and crop yield, reduce the production cost, and develop pest resistant crops. Biotechnology is the most promising technology capable of solving the issues related to global food scarcity, environmental issues, and many more. Implementation of this technology in the agricultural arena is proving beneficial to mankind. Some of the major factors driving the global agricultural biotechnology market include water scarcity, scarcity of agriculture and food supplies, adverse environmental conditions, and others.
Agriculture biotechnology can offer increased crop yields that can possibly solve the problem of global food scarcity. This sector provides number of near term opportunities and holds strong growth potential for the near future. Important applications of biotechnology in agriculture include
- Agriculture-Themed Microarrays
- Lab-on-Chip Devices
- RNA Interference Assays
- Agriculture-Derived Biofuels
- Transgenic seeds
Read More: Agricultural Biotechnology Market
Developments in the field of synthetic biology and DNA sequencing are currently driving the agriculture biotechnology market. New product development has been possible with these technological advancements, thus creating new opportunities in this field.
Agriculture biotechnology is becoming popular worldwide, as it provides farmers with the seeds that are capable of yielding more and are pest resistant and environment friendly. Despite these benefits, the research in this area faces stiff challenge from some regulatory bodies and consumers. Governments of different countries are setting different standards for Genetically Modified (GM) ingredients for developing better quality products.
In the present scenario, the US is the major market for agricultural biotechnology as large amount of research activities are performed in this region. Asia-Pacific, being the most populated market, is expected to be the largest growing market in the coming years. India, China, South Korea, and Japan are the major economies that are expected to contribute significantly in the growth of agriculture biotechnology in the Asia-Pacific regional market.
Browse More Market Reports On Pharmaceutical Market
Some of the major players of agricultural biotechnology include Emerald BioAgriculture Corp., Bayer CropScience AG, Dow AgroSciences LLC, Makhteshim-Agan Industries Ltd., Monsanto Company, Performance Plants Inc., Pioneer Hi-Bred International Inc., Certis USA LLC, Syngenta AG, and others.
This market research report analyzes important market segments, and major geographies. This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Inquire before Buying OR Buy your copy of this report @: http://www.transparencymarketresearch.com/agricultural-biotechnology-market.html
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides an overview of the pricing trend and its impact on the market
For More Information Visit us @: http://www.transparencymarketresearch.com
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453