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

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 can 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 of certain dairy products) and in converting organic matter into ethanol for fuel.  3) Pharmaceuticals, where…

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