Biotechnology in Italy
SummaryBiotechnology in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Biotechnology market encompasses a broad range of technologies, products, and services that utilize biological systems, organisms, or derivatives to develop or modify processes or products for specific applications. Market value refers to the revenue generated from product sales, licensing fees, royalties, and research funding.
- The Italian biotechnology market recorded revenues of $14.8 billion in 2024, representing a compound annual growth rate (CAGR) of 3.5% between 2019 and 2024.
- The environment & industrial processing segment accounted for the market's largest proportion in 2024, with total revenues of $4.1 billion, equivalent to 28.1% of the market's overall value.
- In 2024, the Italian biotechnology market recorded an annual growth of 5.0% due to advancements in genetic research. For instance, in June 2024, the University of Milan launched the first field trial of gene-edited crops in Italy for a new rice variety called "RIS8imo."
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the biotechnology market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biotechnology market in Italy
- Leading company profiles reveal details of key biotechnology market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy biotechnology market with five year forecasts
Reasons To Buy
- What was the size of the Italy biotechnology market by value in 2024?
- What will be the size of the Italy biotechnology market in 2029?
- What factors are affecting the strength of competition in the Italy biotechnology market?
- How has the market performed over the last five years?
- How large is Italy’s biotechnology market in relation to its regional counterparts?
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