The State of the Biotechnology Industry Today, Business and Industry Trends Analysis

¹ Video Tip For our brief video introduction to the Biotech industry, see www.plunkettresearch.com/video/biotech .   Biotechnology can be defined as the use of living organisms (such as bacteria), biological processes or biological systems to create a desired end result or end product.  Primary markets for biotechnology include:  1) Agriculture, where genetically-modified seeds are now in wide use in many nations.  These seeds deliver plants that have much higher crop yields per acre, and often have qualities such as disease-resistance, resistance to herbicides and drought-resistance.  2) The manufacture of enzymes, including enzymes used in food processing (such as the making…

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