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Global $5.4 Bn Marine Biotechnology Market to 2027 - Vimarsana News

Global $5.4 Bn Marine Biotechnology Market to 2027

Share this article Share this article ResearchAndMarkets.com's offering. A revised analysis puts the global market size at US$5.4 billion for the year 2027. The COVID-19 induced recession has now cast serious questions on the ability of governments and companies to earmark financial commitments in times of crisis. The only hope for the market in successfully mitigating the short- and long-term damage of the crisis, is securing fiscal stimulus from governments. However, the commitment of pandemic scarred deficit widened governments in funding innovation ecosystems is yet to be seen. Most R&...