Biotechnology Market (Biopharmacy, Bioservices, Bioagri, Bioindustrial) Is Expected to Reach USD 414.5... -- NEW YORK, April 22, 2013 /PRNewswire/ -- NEW YORK, April 22, 2013 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com), "Biotechnology Market by Application (Biopharmacy, Bioservices, Bioagri, Bioindustrial), by Technology (Fermentation, Tissue Regeneration, PCR, Nanobiotechnology, DNA Sequencing & Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2010 - 2017," the global market for biotechnology was valued at USD 216.5 billion in 2011 and is expected to reach USD 414.5 billion in 2017, growing at a CAGR of 11.6% from 2012 to 2017. Browse the full report at http://www.transparencymarketresearch.com/biotechnology-market.html The biotechnology market is expected to show substantial growth over the forecast period owing to the government support offered to various companies operating in the biotechnology field. In addition, the increased demand for food in developing countries has spurred growth of the bioagriculture market. Bioseeds are expected to show exponential growth as compared to conventional seeds over the forecast period. Biopharmaceuticals dominated the global market, accounting for over 60% of the overall revenue in 2011. Bioservice applications are expected to register the fastest growth due to the operating cost benefits associated with emerging economies, particularly in terms of raw materials, labor and regulatory support. Outsourcing of clinical trials, contract manufacturing and drug discovery has emerged as a key trend in developed countries, leading to the growth of the bioservices industry in the developing economies of India, Thailand, Malaysia and China. The developing countries provide superior research and trial facility at lower cost. The market for bioagriculture applications, including bioseeds, is expected to reach USD 27.46 billion in 2018. Related & Recently Published Reports by Transparency Market Research North America dominated the global market, accounting for over 42% of the overall biotechnology revenue in 2011. With increasing focus on renewable chemicals, Asia Pacific is expected to be the fastest growing regional market, at an estimated CAGR of 14.1% from 2012 to 2017. Key players in the biotechnology market include Roche, Amgen, Novo Nordisk, Sanofi, Pfizer and Novartis. The detailed profile of these companies along with a global company market share analysis has been included in the report. The biotechnology market has been analyzed in detail and revenues generated by every application in regions such as Europe, North America, Asia Pacific and RoW have been included. Biotechnology Market, by Technology: Fermentation Tissue regeneration PCR technology Nanobiotechnology Chromatography DNA sequencing Cell based assay Others Biotechnology Market, by Application: Biopharmacy Bioservices Bioagriculture Bioindustrial The report also covers the revenue for every application in the following regions: North America Europe Asia Pacific Rest of the World (RoW) Browse all Pharmaceutical Market Research Reports @ http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html Upcoming Reports in Pharmaceutical Market Collagen Peptide Market Pharmaceutical Contract Manufacturing Market Osteoporosis Market Metabolomics Market Medical Tourism Market Monoclonal Antibodies Market Drug Discovery Technologies Market Weight Management Market Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Sheela AK 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Visit: http://de.transparencymarketresearch.com/ Visit: http://www.europlat.org/ Visit: http://www.transparencymarketresearch.com/ SOURCE Transparency Market Research