Biotech Seeds Global Strategic Business Report 2024: A US$119.2 Billion Market by 2030, growing at a CAGR of 7.3% During 2023-2030 [Yahoo! Finance]
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Source: Yahoo! Finance
The global market for Biotech Seeds estimated at US$67.7 Billion in the year 2023, is projected to reach a revised size of US$119.2 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2023-2030. Biotech Seeds for Cotton Crop, one of the segments analyzed in the report, is expected to record 7% CAGR and reach US$48.6 Billion by the end of the analysis period. Growth in the Biotech Seeds for Corn Crop segment is estimated at 7.4% CAGR for the next 8-year period. The Biotech Seeds market in the U.S. is estimated at US$17.8 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$26.4 Billion by the year 2030 trailing a CAGR of 9.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 5.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR. Key Report Featur
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