Plant Biotechnology Market Worth 76.79 Billion By 2030- Exclusive Report By Marketsandmarkets
The plant biotechnology market is estimated at USD 51.73 billion in 2025 and is projected to reach USD 76.79 billion by 2030, at a CAGR of 8.2 from 2025 to 2030, according to a report published by MarketsandMarkets.
Biotechnology of plants has changed the development of crops through the application of advanced genetic engineering techniques. These technologies have been effective in developing GM crops that enhance agricultural productivity without compromising environmental safety . These new biotechnological techniques tackle the most urgent global food production issues by designing more sustainable and productive farming solutions. The three pillars of agriculture-sustainability, scientific advancements, and the pressing need to make the world habitable-shape its future. Beyond transforming food production, emerging biotechnological methods are influencing agriculture on a larger scale. These innovations offer the potential for a more productive and sustainable agricultural system, bridging the gap between groundbreaking research and practical implementation to address global nutritional demands.
As of August 2024 , the International Service for the Acquisition of Agri-biotech Applications ISAAA reported a total of 614 approvals for genetically modified GM crops globally. Maize led with 290 approved events, followed by cotton with 72 events, and potato with 52 events.
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