Exploring the Global Synthetic Biology Market

 Synthetic biology, an interdisciplinary field combining biology, engineering, and technology, is transforming industries worldwide. With the global synthetic biology market valued at $4,291 million in 2014 and projected to reach $14,743 million by 2020, the sector is expanding at a remarkable CAGR of 23.0%. This growth is fueled by advances in genetic engineering, molecular biology, and biotechnology, alongside increasing applications across pharmaceuticals, energy, bioplastics, and environmental sustainability.


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