Global Agricultural Biotechnology Market Is Expected to Reach Usd 28,694.1 Million in 2019

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Transparency Market Research | |

Agricultural Biotechnology Market-  Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 |

83 Page Report

Published Date 12-May-2014

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Press Release

Global Agricultural Biotechnology Market is Expected to Reach USD 28,694.1 Million in 2019: Transparency Market Research |

Transparency Market Research State Tower,90, State Street, Suite 700.Albany, NY 12207United Stateswww.transparencymarketresearch.comsales@transparencymarketresearch.com | |

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REPORT DESCRIPTION

Agricultural Biotechnology Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Transparency Market Research has released a new market study titled "Agricultural Biotechnology Market For Transgenic Crops (Corn, Soybean, Cotton and Others), Synthetic Biology-Enabled Products and Tools - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global agricultural biotechnology market was valued at USD 15,300 million in 2012 and is expected to reach USD 28,694.1 million by 2019, growing at a CAGR of 9.5% from 2013 to 2019.

Browse the full report at

http://www.transparencymarketresearch.com/agricultural-biotechnology-market.html

Demand for food production has increased significantly due to rise in global population. This is one of the major drivers for growth in the agricultural biotechnology market. Furthermore, growing demand for biofuels due to depleting conventional resources is further boosting the global agricultural biotechnology market. However, strong opposition of GM crops in Europe is estimated to hamper market growth.

The global agricultural biotechnology market was dominated by North America due to high cultivation of GM crops and acceptance of these crops by consumers. North America accounted for 32.5% of the market share in 2012. Europe consumes substantial amount of GM crops for animal feed, which is...