Biotechnology in the US
Biotechnology is a quickly growing industry, characterized by a multitude of product applications and a wide range of burgeoning markets. Due to the industry's diverse nature, demand and revenue growth are supported by a similarly wide array of factors. Growing demand for ethanol indicates the increasing importance of crop yields to agricultural customers, who have consistently demanded industry products over the past five years and will likely continue to do so over the five years to 2023. Over the five years to 2023, significant growth in investor uncertainty is projected to cause revenue to fall.
Companies in this industry primarily use living organisms or molecular and cellular techniques to provide chemicals, food and services that meet human needs. The industry excludes companies involved in developing small-molecule pharmaceuticals, performing contract research or manufacturing biological equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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