The global genetic engineering market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.

Genetic engineering is the process of manipulating an organism's genetic material using biotechnological techniques. This usually entails modifying an organism's DNA to produce desirable qualities, such as higher crop yields, disease resistance in plants, or the ability of animals to produce medications. Genetic engineering has been transformed by methods such as CRISPR-Cas9, which provide accurate and effective gene editing. These developments frequently come with ethical problems because of the possible effects on ecosystems and public health. The genetic engineering market covers a wide range of applications, including agriculture, medicines, and biotechnology. Gene treatments, genetically engineered goods, and genetically modified organisms (GMOs) are developed and marketed by companies and research institutes. The manufacturing of biopharmaceuticals, agricultural enhancement for sustainable agriculture, and medical innovations like gene therapy are important sectors. The global market is propelled by advancements in gene editing technology, GMO regulations, and the growing need for customized healthcare and sustainable food options.

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