International Service for the Acquisition of Agri-biotech Applications (ISAAA),
1996
Ithaca, New York :
In summary, the future looks optimistic because biotechnology is starting to deliver its the essential products that can, in conjunction with conventional technology, increase food, feed and fiber production to meet the growing demands of a burgeoning global population which will reach 11 billion by 2050. The impact and constraints to increased adoption of transgenic crops as well as the future outlook for products from crop biotechnology is discussed. the projected value of the global market in transgenic crops is estimated at between $2 billion and $3 billion dollars for the year 2000 increasing to $6 billion in 2005.