Transgenic Crops - Fastest Growing Sector in Agri-Biotech Market
November 19, 2010 |
Agricultural Biotechnology: A Global Strategic Business Report by Global Industry Analysts, Inc. says that transgenic crops account for the fastest growing sector within the agricultural biotechnology market and that genetically modified crops will prevail over traditional varieties. Top principal biotech crops are soybeans, cotton and maize. The global market for agricultural biotechnology is estimated to reach US$12 B by 2015.
The report which analyzes the global agricultural biotechnology market also indicates that the United States is the largest agricultural market. It forecasts that the Asia Pacific region will grow the most rapidly suggesting that Asian consumers are ready for more high quality food. In addition to the comprehensive review of the agricultural biotechnology market, the report also tackles current market trends, key growth drivers, recent product introductions, and profiles of major global as well as regional market participants.
Visit http://www.companiesandmarkets.com/Market-Report/agricultural-biotechnology-a-global-strategic-business-report-396294.asp for additional information.
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