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The global biotechnology market size was valued at US$ 449.06 billion in 2019 and is projected to grow.
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The increasing pervasiveness of conditions like hepatitis B disease, and other issues is anticipated to fuel further growth in this area. Rising interest for sustenance and horticultural items such as wheat, rice, sugarcane and beans due to increasing population in U.S., China, and India is expected to push the significance of biotech products. Deficiency of water, low yields, insect assaults, and constrained accessibility of agrarian land are heightening the importance of biotech.
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