New study recognizes the role
​of biotechnology in agriculture growth
​

Advancements in genetic modification techniques that enhance nutrient content, food processing capabilities, pest and disease resistance, yields, nitrogen fixation, and weather resilience of crops are cited as a huge part of the growth of the agriculture industry, based on a study conducted by Market.US, a research and analysis firm.

According to the key findings of the report, the agricultural biotechnology market is projected to reach revenues of  USD 232 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.86% from 2023 to 2032.

The report further cited that based on the output of USD 111 billion worth of revenue in 2022, the agriculture sector continues to use scientific tools to improve plant yields, particularly through the development of genetically modified or transgenic crops with altered characteristics. Innovative breeding techniques are in high demand, with plant organisms dominating the market in terms of revenue.

Transgenic crops and animals are the leading revenue-generating applications within agricultural biotechnology. North America holds the largest market share, accounting for 35.3%, while the Asia Pacific region is poised to become the second-largest market.

Biotechnology tools are also utilized in agriculture for various applications, fueled by the rise of genetically modified crops, the high demand for sustainable crops, and marker-assisted breeding techniques. The increasing global population boosts food demand and the need for organic fertilizers.

“We welcome the result of this report as a positive sign of how biotechnology can continue to boost our agriculture industry, given the global demand and trend.

Hopefully, we will be able to overcome the myths that the public continues to believe about the safety of GM crops and move forward, guided by the extensive studies that our scientists have worked on, to maximize the gains of science in agriculture.
​

---

CropLife Philippines launches revised Training Manual on Mango Production in the Philippines
​

National Fruit Association  President cites three key factors in taking mango production to the next level
​

​31st National Fruit Symposium sets Filipino farmers eyes on the global market
​

The battle is not over: Scientific evidence predicted to reverse moratorium on GM crops
​

The solution is there all along,expert backs Bt eggplant’s benefits against pests
​​

CA moratorium on GM products  can cause ripple effect in value chain; massive wave of price hikes for meat, fish – PSIA
​

Croplife joins PSIA, ISAAA in seeking reversal of GM moratorium; seeks more stringent regulation
​

CLP chief laments lack of confidence in breakthroughs made by local scientists on GM

New study recognizes the role of biotechnology in agriculture growth

GMO moratorium is more harmful to human health of vitamin deficient Pinoys, says expert
​

Stick with the facts, CropLife urges public on BT eggplant
​

Debunking Myths about Golden Rice 
​

Experts from DA, NAST cite adverse effects of GM crops moratorium on food security
​

Stewardship: An Essential Component in the Crackdown Against Unregistered Pesticides – FPA
​