This report covers the bioagriculture market in India. Bioagriculture, typically, means using biomaterials for improving the growth, productivity and nutritive value of agricultural products.
The world, in its quest to satiate the hunger of ever-growing population, is looking for ways to increase yield and reduce losses due to plant diseases and pest attacks. And India is no exception. With more than a billion people – and the number is growing - its need for food is larger than the combined requirements of several countries of the world. So the country has resorted to science and technology to meet its shooting demand for food in the form of bioagriculture.
Globally, bioagriculture has entered from research to commercialization phase now. The first few years of the commercialization of biotech crops clearly belonged to the Americas that grew over 90% of the world biotech hectarage but the next wave of commercialization (2006-2015, as defined by the International Service for the Acquisition of Agri-biotech Applications) will arise from the developing world, with India and China leading the pack.
India, after clocking in a growth of 23% in 2008, has become the fourth largest GM crop growing country in the world.
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Report Title: India Bioagriculture Market
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