Agricultural Biotechnology Market Revenue Worth $106,870 Million by 2030, says P&S Intelligence
NEW YORK, April 29, 2021 /PRNewswire/ From 7.7 billion in 2019, the global population will reach 11.2 billion by 2100, according to the United Nations (UN). This is to be a key factor in the growth of the global agricultural biotechnology market revenue from $39,565.6 million in 2020 to $106,870.0 million by 2030, at a 10.7% CAGR between 2021 and 2030. This will be due to the burgeoning demand for food, which has already been putting immense pressure on the agrarian community for centuries.
In addition, with the expansion of human settlements, the availability of farmlands is reducing, which is why farmers are under intense pressure to make the most of what they have. This is fueling the agricultural biotechnology market advance by leading to the rising adoption of enhanced technologies for crop cultivation. Moreover, the rising disposable income of people is allowing them to purchase
Share this article
Share this article
ResearchAndMarkets.com s offering.
The global corn starch market was valued at $13,671.6 million in 2019, and is projected to reach $17,066.2 million by 2027, registering a CAGR of 6.4% from 2021 to 2027.
Corn starch, also known as corn flour and maize starch, is derived from corn through wet milling, steeping, grinding, purifying, and drying. Corn starch is a white, odorless, and tasteless powder used extensively in the bakery and confectionary industries, and is widely adopted as a staple food ingredient, globally. Apart from having application in the food and beverage industry, it is used in paper production, textile production, pharmaceuticals, and cosmetics.
Glutamic Acid Market : Facts, Figures and Analytical Insights 2020-2026 | FinancialContent Business Page financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.