Biotech Updates

CRISPR Plant Market Accelerating in Latin America

December 21, 2022

The plant breeding and CRISPR plant market in Latin America is projected to attain a market increase in the forecast period of 2021 to 2028, with a compound annual growth rate (CAGR) of 12.7 %, and is expected to reach USD 11.1 million by 2028. These figures are based on the market report of Data Bridge Market Research.

The major players in the Latin America CRISPR plant market are BASF SE, Limagrain, DLF, Bioceres Crop Solutions, Bayer AG, Syngenta Crop Protection AG, Corteva Agriscience, KWS SAAT SE & Co. KGaA, Advanta, and GDM and other players domestic and global. The report also indicated that the primary factors that drive the marker are the growing awareness of the benefits of plant breeding and CRISP plants in the agricultural sector and the high adoption rate of crops developed through plant breeding in the region.

Read the press release from Data Bridge Market Research.

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