Biology The global clinical microbiology market is expected to grow from USD 5,128.57 million 2017 to USD 7,982.47 million by the end of 2024 at a Compound Annual Growth Rate of 6.52%. The Separation Systems For Commercial Biotechnology Market was valued at US$10,660 Million in 2014 and is projected to grow at a CAGR of more than 6.5% in the given forecast period to cross US$20,400 Million by 2024. Growth in the non-oil sector is expected to accelerate as policy interventions in agriculture and industry will revitalise the productive sectors. The Global Gene Editing market is expected to see growth rate of 14.8% and may see market size of USD7.83 Billion by 2024. Agribusiness could be a US$1trn industry in SSA by 2030; PE firms can support small and medium-size enterprises in agriculture, and help develop local / regional value chains. Immediate action is required from all relevant stakeholders to prevent the risk of falling short in meeting the UN Sustainable Development Goals and the Paris Agreement on climate change. The agriculture industry is attractive to investors, as global demand for food is forecast to grow by more than 50 percent from 2010-2050 to feed 10 billion people, and projections say that supply is likely to be tight in the coming decades. A recent boom in demand for macadamias has created new opportunities, which South Africa's agriculture industry has taken up, with plantings having tripled in the years from 2013 to 2016 and industry projections forecasting a 40 per cent increase of NIS by 2020. The innovation rate in the agriculture sector has increased but not significantly enough that problems related to food scarcity and hunger do not pose a threat in the coming decades. At least 680 vertebrate species have been driven to extinction since the 16th century and more than 9% of all domesticated breeds of mammals used for food and agriculture have become extinct by 2016, with at least 1,000 more breeds still threatened. In the long-term, the China GDP From Agriculture / Primary Industry is projected to trend around 76736.00 CNY HML in 2020, according to our econometric models. The global market for robots, drones, and AI in agriculture will experience a CAGR of 24.76%, from $2.53 billion in 2018 to $23.06 billion in 2028. Markets in the Asia-Pacific are expected to grow at a significantly higher rate (8.9%), owing to inherent advantages, such as relatively low labor costs and less stringent regulatory constraints. While agriculture and construction currently follow energy as the top industries in the drone market, the growth of the transport sector will mean that in 2024 transport will be the 2 nd largest industry on the market. The DNA Microarray for Agriculture Market is expected to exceed more than US$138 million by 2023 at a CAGR of 5.78% in the given forecast period. The market for precision agriculture is expected to reach US$10.55 billion by 2025. The precision agriculture market in Latin America is expected to experience a growth rate of 18 percent between now and 2025, mostly due to increasing demand for real-time data and analytics to improve productivity. India will surpass China to become the world's largest cotton producer in 2019-20 season, according to latest estimates from the US department of agriculture (USDA). The US Department of Agriculture forecasts production for 2019 to increase 1.5% in 2019 to a total of over 100bn litres, driven by higher cow inventories. In Africa, climate change could reduce yields from rain-fed agriculture by 50 percent by 2020, jeopardizing the welfare of seven in ten people who depend on farming for a living. See full forecast Last updated: 20 July 2019
