Frequently Asked Questions
A number of uncertainties have resulted from the COVID-19 outbreak, resulting in significant economic losses for various companies across the globe. COVID-19 significantly threatened global food security, affecting the agricultural biotechnology market.
North America accounted for the most heightened share in the global agricultural biotechnology market.
The advance of genetic engineering has also enabled the control of genetic changes induced in organisms. Additionally, agricultural biotechnology is enhancing the cultivation of biotech plants, which is expected to drive the market’s growth.
The plant segment had a major share in the global market in 2022.
The transgenic crops & animals segment had a major share in the global market.