Market Overview of Plant Science in 2023

The International Conference on Plant Science is scheduled for August 24-25, 2023 in Paris, France. The conference theme is to Exploring Novel Innovations and Recent Trends in Plant Science which covers a wide range of critically important sessions and is an international platform for pathologists, virologists, enterprise professionals, advertising and marketing authorities and researchers, scientists, clinicians, academics, students, and college students to Research scholars, and different healthcare professionals. The predominant aim of the conference is to advance plant science, scientists and management in relation to plant disparities as nicely as a breadth of different topics. Researchers are outstanding and affect health care throughout the board from lowering scientific issues to enhancing research satisfaction.
Market Analysis:
The global plant science market is projected to reach USD 54.4 billion by 2025 from USD 22.7 billion in 2020, at a CAGR of 19.0% during the forecast period. The major factors driving the growth of this market include the increasing government funding to support genomics projects, the growing incidence of cancer and increasing applications of NGS in cancer research, the entry of new players and start-ups in the genomics market, and the growing application areas of genomics plant science. The increasing demand for improved varieties in plants in the Asia Pacific region is driving the growth of the plant science market. The key players in various countries of the Asia Pacific region are focusing on directing their investments toward biotechnology research on food crops and crops of high commercial value to cater to the increasing food requirements and to reduce poverty, particularly among resource-poor farming households. With the adoption of modern plant breeding techniques, new crop cultivars can be developed to ensure high crop productivity. Also, key strategies such as the adoption of advanced plant technology by the leading players in the Asia Pacific region ensure food security globally among the end-users. Also, the government in various countries of the region are encouraging companies to adopt these methods by investing in the R&D of agricultural biotechnology.
The Asia-Pacific CRISPR market is anticipated to record a CAGR of 21.18% over the estimated years 2021 to 2028. The regional market’s growth is credited to key factors such as the rising dependency of consumers on non-vegetarian foods such as poultry meat, red meat, and seafood, the presence of well-recognized agriculture research facilities for developing productive and effective crops, and increased research and development (R&D) activities implemented in emerging economies.
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