What is the growth rate of the Global Genetic Engineering Market?


Posted August 12, 2023 by mahesh07

Global Genetic Engineering Market size was valued at USD 1.03 Bn in 2022 and is expected to reach USD 4.56 Bn by 2029, at a CAGR of 23.7%.

 
Genetic Engineering Market Scope and Research Methology :

The Genetic Engineering Market analysis report encompasses a comprehensive examination of import and export consumption, supply and demand intricacies, cost structures, market shares, sales volumes, revenues, and gross profits. The report presents insights into the global market scenario, shedding light on key manufacturers across diverse regions. This data-rich analysis equips stakeholders with valuable information for strategic decision-making, enabling them to navigate the dynamic Genetic Engineering market effectively.

The report offers a comprehensive understanding of regional dynamics, market trends, and growth drivers. This analysis empowers stakeholders to make informed decisions, ensuring strategic alignment and success in the competitive global Genetic Engineering market landscape.

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Genetic Engineering Market Dynamics :

The adoption of GMOs by farmers has been steadily increasing in various countries, and this trend is expected to continue as genetic engineering techniques and make more sophisticated. Also, provide specific regional agricultural needs. Genetically modified crops have been developed to exhibit traits such as pest resistance, herbicide tolerance, improved nutritional content, and extended shelf life. These modifications have the potential to increase crop yields or productivity, reduce the use of harmful pesticides, and address food security challenges in the face of a growing global population. The growing research activities with the help of various gene editing tools for developing novel crop varieties. Thus, agriculture is a crucial sector that drives Genetic Engineering Market growth.

Segmentation

by Product

Biochemical
Genetic Markers

by Techniques

Gene Splicing
Artificial Selection
Recombinant DNA Technology
Synthesizing DNA
Gene Editing
Other

by Application

Agriculture
Medical Industrial
Healthcare and Pharmaceuticals
Other

by End-User

Biotechnology Companies
Pharmaceutical Manufacturers
Academic and Research Institutions
Other

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Key Players

1. Thermo Fisher Scientific Inc.
2. Herbert Boyer
3. Merck KGaA (EMD Millipore)
4. Lonza Group Ltd.
5. Horizon Discovery Group plc
6. GenScript Biotech Corporation
7. CRISPR Therapeutics AG
8. Editas Medicine, Inc.
9. Sangamo Therapeutics, Inc.
10. Intellia Therapeutics, Inc.
11. Cellectis S.A.
12. Precision BioSciences Inc.
13. New England Biolabs, Inc.
14. Takara Bio Inc.
15. OriGene Technologies, Inc.
16. Eurofins Scientific SE
17. Transposagen Biopharmaceuticals, Inc.
18. Agilent Technologies, Inc.

Regional Analysis

The Genetic Engineering market report offers a comprehensive analysis of the Genetic Engineering industry. The report meticulously identifies and examines significant industry segments and sub-segments, unveiling key growth drivers and challenges. Whether seeking expansion opportunities or market insights, this analysis equips industry players with valuable data to navigate the diverse landscape of the Genetic Engineering market.

Key Questions answered in the Genetic Engineering Market Report are:

What is Genetic Engineering Market?
What is the forecast period of the Genetic Engineering Market?
What is the competitive scenario of the Genetic Engineering market?
Which region held the largest market share in the Genetic Engineering Market?
What are the opportunities for the Genetic Engineering Market?
What are the restraining factors in the Genetic Engineering market?
Who are the key players of the Genetic Engineering market?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Genetic Engineering
Landscape- Leading key players and other prominent key players.
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Issued By Mahesh
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Categories Business
Tags genetic engineering market , genetic engineering market size , genetic engineering market share
Last Updated August 12, 2023