What is the growth rate of the India Biotechnology Market?
According to 6Wresearch internal database and industry insights, the
Global Biotechnology Market in India is expected to grow at a CAGR of 7.2% during 2025-2031.
The main drivers of this growth are the increasing investments in biotechnology research, the growing demand for innovative healthcare solutions, and the rising adoption of biotechnology in agriculture, food, and industrial sectors. Additionally, government support for biotech startups fuels market expansion.
Growth Factors for India Biotechnology Industry
- Rising demand for innovative biotechnology solutions in healthcare and pharmaceuticals.
- Increased investments in biotechnology research by government and private sectors.
- Growing adoption of biotechnology in agriculture to enhance crop yields and pest resistance.
- Rising awareness about personalized medicine and biologics.
- Technological advancements in gene editing and CRISPR technology.
India Biotechnology Market Trends
The India Biotechnology Market is witnessing trends focused on personalized medicine, gene therapies, and advanced diagnostics. Rising adoption of precision medicine based on genetic data is creating growth opportunities. The sector is also benefitting from innovative applications in agriculture, where biotechnology helps improve crop resistance and nutrition. Increased funding and collaborations are expected to boost research and development activities.
Emerging Developments in the India Biotechnology Market
The Biotechnology Market in India is witnessing emerging developments driven by advancements in gene therapy, regenerative medicine, and CRISPR gene editing. Companies are developing new biologics and biosimilars, as well as exploring biotechnology applications in environmental sustainability, including bioremediation and waste management. The industry is also seeing rapid growth in the agricultural biotechnology segment to meet the demand for food security.
List of Leading Companies in the India Biotechnology Market
Some of the leading companies include:
- Biocon Limited
- Serum Institute of India
- Dr. Reddy’s Laboratories
- Cipla Limited
- Wockhardt
- Panacea Biotec
- Aurobindo Pharma
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