The global biotechnology market is a significant and rapidly expanding sector, valued at USD 761.5 billion in 2024. According to IMARC Group, it is projected to grow to USD 1,315.9 billion by 2033, driven by a compound annual growth rate (CAGR) of 6.27% from 2025 to 2033. This growth is propelled by advancements in areas such as biopharmaceuticals, gene therapy, and sustainable agricultural solutions, alongside increasing investments and technological innovations, positioning the biotechnology market as a cornerstone of global healthcare, agriculture, and industrial progress over the next decade.